Nokian Tyres plc: Shares Subscribed with Option Rights

Regulatory News:

Nokian Tyres plc Stock Exchange Release November 10, 2016, 8.45 a.m.

After 18 August 2016 registered new shares a total of 300 Nokian Tyres plc's shares have been subscribed with the 2013A option rights. These option rights are attached to the Nokian Tyres plc's Option Program of 2013.

New shares have been registered into the Trade Register on November 10, 2016, as of which date the new shares will establish shareholder rights.

The share capital will not increase with subscriptions made by 2013 option rights. The entire subscription price of EUR 8,358.00 will be entered in the invested unrestricted equity reserve. As a result of the share subscriptions, the number of Nokian Tyres plc shares will increase to 135,911,695 shares.

The shares will be traded on the Nasdaq Helsinki Ltd together with the old shares as of November 11, 2016.

Identifiers of Nokian Tyres plc's share after the registration of new shares:

Trading code: NRE1V

ISIN code: FI0009005318

Number of shares: 135,911,695

Share capital: 25,437,906.00 euros

Nokian Tyres plc

Antti-Jussi Tähtinen

Vice President, Marketing and Communications

Distribution: Nasdaq Helsinki Ltd, media, www.nokiantyres.com

Nokian Tyres is the world’s northernmost tyre manufacturer. The company promotes and facilitates safe driving in demanding conditions. It supplies innovative tyres for cars, trucks and special heavy machinery mainly in areas with special challenges on tyre performance: snow, forests and harsh driving conditions in different seasons. Nokian Tyres’ product development is consistently aiming for sustainable solutions for safety and the environment, taking into account the whole life cycle of the tyre. A part of the Nokian Tyres group, the tyre chain Vianor has 1,494 outlets in 26 countries. In 2015 Nokian Tyres had approximately 4,400 employees and net sales of approximately 1,4 billion euros. Nokian Tyres’ share is listed on the Nasdaq Helsinki. Further information: www.nokiantyres.com

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