Company: NOKBF
Filing Date: 2025-04-24
Form Type: 6-K
Source: 0001104659-25-038218
Chunk: 4

Company: NOKIA CORP
Filing Date: 2025-04-24
Form: 6-K
Chunk 4
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) |     |                |    11 | % |     |       |       |   |     |          |     2 | %  |     |       |       |    |     |                   |    8 | % |     |       |      |    |     |              |   (52 | )% |     |       |       |   |     |              | (83 | )% |     |       |     |   |
| Gross margin                         
 %                                    |     |                |  40.6 | % |     |       |  40.8 | % |     |          |  30.9 | %  |     |       |  40.9 | %  |     |                   | 45.9 | % |     |       | 39.4 | %  |     |              | 100.0 | %  |     |       | 100.0 | % |     |              |     |    |     |       |     |   |
| Operating                            
 profit/(loss)                        |     |                |   135 |   |     |       |    85 |   |     |          |  (152 | )  |     |       |   (32 | )  |     |                   |   14 |   |     |       |  (37 | )  |     |              |   259 |    |     |       |   658 |   |     |              | (99 | )  |     |       | (75 | ) |
| Operating                            
 margin %                             |     |                |   7.8 | % |     |       |   5.9 | % |     |          |  (8.8 | )% |     |       |  (1.9 | )% |     |                   |  2.5 | % |     |       | (6.8 | )% |     |              |  70.2 | %  |     |       |  86.9 | % |     |              |     |    |     |       |     |   |

(1) This metric provides additional information on the growth
of the business and adjusts for both currency impacts and portfolio changes. The full definition is provided in the Alternative performance
measures section in Nokia Corporation Interim Report for Q1 2025.

4

| STOCK EXCHANGE RELEASE 24 April 2025 |

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