Nomination to Nokian Tyres' Management Team

Regulatory News:

Nomination to Nokian Tyres' (HEX:NRE1V) management team.

Tarja Kaipio has been appointed Vice President, Human Resources and member of the management team of Nokian Tyres plc as of August 8, 2016. She will be responsible for human resources functions and will report to the President and CEO.

Kaipio will join Nokian Tyres from Metso Corporation where she was heading Human Resources in EMEA region, global employment and change projects. Previously she has had management positions in Posti Group and Nokia plc.

"Human resources has an important role in building the company's success. Tarja has strong expertise in human resources management and change management in global listed companies. Her extensive experience in HR strategy planning and competency development in international settings supports our company's growth and strategic goals,” says Ari Lehtoranta, President and CEO of Nokian Tyres.

The current HR Vice President Ville Nurmi will move outside the company. Nokian Tyres thanks Mr. Nurmi for all his efforts toward the company and the personnel.

Nokian Tyres plc

Antti-Jussi Tähtinen

Vice President, Marketing and Communications

Distribution: Nasdaq Helsinki Ltd, media and 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 1,475 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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