Nokian Tyres plc - Payment of share-based rewards under Nokian Tyres' long-term incentive scheme

Nokian Tyres plc Stock Exchange Release February 4, 2025, at 1:30 p.m. EET

Nokian Tyres' Board of Directors has decided the following regarding the share-based rewards payable under the long-term incentive schemes:

Performance Share Plan 2022-2024 (PSP 2022-2024)

No share-based rewards will be paid under the PSP 2022-2024 as the targets were not reached.

Restricted Share Plan 2022-2024 (RSP 2022-2024)

Under the RSP 2022-2024, a maximum total of 5,500 shares of the company will be granted without consideration to five key employees with the terms and conditions of the RSP 2022-2024. The shares have been acquired from the market on behalf of the recipients, and their transfer will take place on March 6, 2025.

Nokian Tyres announced both the PSP 2022-2024 and the RSP 2022-2024 in a stock exchange release issued on February 8, 2022.

NOKIAN TYRES PLC

Board of Directors

Further information: 
Päivi Leskinen, SVP, Human Resources, tel. +358 10 401 7776

investors@nokiantyres.com
media@nokiantyres.com

Nokian Tyres' purpose is to make the world safer by reinventing tires, and how they are made, over and over again - a safer place to drive, work and live now and for generations to come. Inspired by our northern heritage, we develop and manufacture premium tires for passenger cars, trucks and heavy machinery with sustainability at the heart of all our operations. Our Vianor chain provides tire and car services. We are some 3,800 people with net sales of EUR 1.3 billion in 2024, and together we lead the journey to smarter driving for people and for businesses. Nokian Tyres is listed on Nasdaq Helsinki. Further information: company.nokiantyres.com