Senior management changes in Nokia Finance and Control

March 29, 2006, Espoo, Finland - Maija Torkko, Head of Nokia Finance and Control, will step down from her position when she retires at the end of June 2006. In her 37-year career with the company, Maija Torkko has worked in a number of roles and has made a significant contribution to Nokia.

Anja Korhonen, current head of Finance and Control at Nokia’s Mobile Phones business group, has been appointed as the new head of Nokia Finance and Control, effective 1 July 2006 and reporting to Nokia’s Chief Financial Officer, Rick Simonson. Anja Korhonen joined Nokia in 1996 and has held her current position since the beginning of 2004.

Andy Ford, current head of Finance and Control at Nokia’s Customer and Market Operations horizontal group, has been appointed as the new head of Finance and Control at Nokia Mobile Phones.


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