Company: NOKBF
Filing Date: 2025-04-24
Form Type: 6-K
Source: 0001104659-25-038218
Chunk: 10

Company: NOKIA CORP
Filing Date: 2025-04-24
Form: 6-K
Chunk 10
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 with more than 25 years of experience         
 with global technology companies, driving innovation and              
 technology leadership as well as delivering revenue growth. He        
 last led the Data Center & AI Group at Intel. Mr. Lundmark will       
 stay on as an advisor to Mr. Hotard until the end of the year to      
 ensure a smooth transition.                                           
 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.      
 Proposals by the Board of Directors to Nokia’s Annual General Meeting 
 2025                                                                  
 Nokia’s Annual General Meeting (AGM) will be held on Tuesday          
 29 April 2025 at 13:00 (EEST) at Finlandia Hall, Helsinki. Among      
 others, the Board submits the following proposals to the AGM:         
 ▪ The Board proposes to the AGM to be authorized to resolve           
 in its discretion on the distribution of an aggregate maximum         
 of EUR 0.14 per share as dividend from the retained earnings          
 and/or as assets from the reserve for invested unrestricted           
 equity.                                                               
 ▪ The Board further proposes to the AGM that the following            
 current Board members be re-elected as members of the                 
 Board of Directors for a term until the close of the next AGM:        
 Timo Ahopelto, Sari Baldauf, Elizabeth Crain, Thomas                  
 Dannenfeldt, Lisa Hook, Mike McNamara, Thomas Saueressig              
 and Kai Öistämö. In addition, it is proposed that Pernille            
 Erenbjerg, former Group CEO and President of TDC Group;               
 and Timo Ihamuotila, CFO of ABB Ltd, be elected as new                
 members of the Board of Directors for the same term.                  
 ▪ The Corporate Governance and Nomination Committee will              
 propose in the assembly meeting of the new