Company: NOKBF
Filing Date: 2025-10-23
Form Type: 6-K
Source: 0001104659-25-101680
Chunk: 26

Company: NOKIA CORP
Filing Date: 2025-10-23
Form: 6-K
Chunk 26
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 first nine months of 2025, compared to EUR 0.21 in the first nine months        
 of 2024. Reported diluted EPS from discontinued operations was EUR 0.00 in the first nine           
 months of 2025, compared to negative EUR 0.09 in the first nine months of 2024. Reported            
 diluted EPS was EUR 0.02 in the first nine months of 2025, compared to EUR 0.08 in the first        
 nine months of 2024. Comparable diluted EPS was EUR 0.13 in the first nine months of 2025,          
 compared to EUR 0.21 in the first nine months of 2024. Cash performance During first nine           
 months of 2025, Nokia's net cash decreased EUR 1 853 million, resulting in an end-of-period         
 net cash balance of EUR 3 001 million. Total cash decreased EUR 2 686 million, resulting            
 in total cash balance of EUR 6 055 million. The declines in both net cash and total cash            
 were primarily related to the acquisition of Infinera. Free cash flow was positive EUR 1            
 238 million in the first nine months of 2025. 23 October 2025 11                                    |

| Additional                                                                                          
 information Significant events January - September 2025 Acquisitions and divestments On 28          
 February 2025, Nokia completed the acquisition of Infinera Corporation (Infinera), pursuant         
 to the definitive agreement announced on 27 June 2024. Infinera, the San Jose based global          
 supplier of innovative open optical networking solutions and advanced optical semiconductors,       
 has become part of the Nokia group effective as of the closing. The acquisition will significantly  
 improve Nokia’s scale and profitability in optical networks, and accelerate Nokia’s                 
 growth strategy in data centers and strengthen its presence both in North America and with          
 webscale customers. For more information on the acquisition of Infinera, refer to Note 3.           
 Acquisitions in the Financial statements section of this report. Changes in internal organization   
 and leadership team On 22 January 2025, Nokia announced that it had appointed Patrik Hammarén       
 as President of Nokia Technologies and member of the Nokia Group Leadership Team. Hammarén          
 joined Nokia in 2007 and had been acting President of Nokia Technologies since October 2024.        
 Prior to this role, Patrik had held several senior positions in Nokia Technologies’                 
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