Company: NOKBF
Filing Date: 2025-01-30
Form Type: 6-K
Source: 0001104659-25-007448
Chunk: 12

Company: NOKIA CORP
Filing Date: 2025-01-30
Form: 6-K
Chunk 12
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 that           
 remained under negotiation and concluded its smartphone            
 patent license renewal cycle which began in 2021. In addition to   
 license agreements signed with Apple and Samsung in 2023,          
 and Huawei in December 2022, Nokia Technologies announced          
 agreements with Honor, OPPO and vivo, among others at the          
 beginning of 2024. Nokia Technologies has now entered a            
 period of stability with no major smartphone license               
 agreements expiring for a number of years. Refer to the            
 Segment details section in this report for more information on     
 the financial impact of completion of the patent license           
 renewal cycle.                                                     
 On 28 March 2024, Nokia announced that its Chief People            
 Officer, Amy Hanlon-Rodemich will leave and step down from         
 its Group Leadership Team.                                         
 On 3 April 2024, Nokia held its Annual General Meeting (AGM) in    
 Helsinki. Shareholders were also able to follow the AGM through    
 a webcast. Approximately 78 000 shareholders representing          
 approximately 3 305 million shares and votes were                  
 represented at the meeting. The AGM approved all the               
 proposals of the Board of Directors to the AGM. Among others,      
 the following resolutions were made:                               
 ▪ The financial statements were adopted, and the Board of          
 Directors and President and CEO were discharged from               
 liability for the financial year 2023.                             
 ▪ The AGM decided that no dividend is distributed by a             
 resolution of the AGM and authorized the Board to decide on        
 the distribution of an aggregate maximum of EUR 0.13 per           
 share as dividend from the retained earnings and/or as             
 assets from the reserve for invested unrestricted equity.          
 ▪ Timo Ahopelto, Sari Baldauf, Elizabeth Crain, Thomas             
 Dannenfeldt, Lisa Hook, Thomas Saueressig, Søren Skou,             
 Carla Smits-Nusteling and Kai Öistämö were re-elected as           
 members of the Board for a term ending at the close of the         
 next AGM. In addition, the AGM resolved to elect Michael           
 McNamara as a new member of the Board for the same term.           
 In its assembly meeting that took place after the AGM, the         
 Board re-elected Sari Baldauf as Chair of the Board and            
 Søren Skou as Vice Chair of the Board.                             
 ▪ The Remuneration Report of the company's governing               
 bodies was adopted and the Rem