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Nokia will empower everyone to share and make the most of their life by offering irresistible personal

experiences.

March 2010

The convergence of the mobile, internet and PC are a reality. Consumers want complete solutions not just devices,

and technology to be invisible. Consumer relationships are the new unit of value in this converged industry as

consumers "consume" services as they are created.

Our vision of the future

"Connecting people" is now connecting people to what matters - whatever that means for each person - giving them

the power to make the most of every moment, everywhere, any time. Connecting the "we" is more powerful than just

the individual. That's how Nokia is needed to help make the world a better place for everyone.

Our strategy

To do this we will become the leading provider of mobile solutions. Our solutions strategy leverages one of our

greatest assets - a portfolio of outstanding devices, with unmatched scale and geographic reach. We couple them

with smart services, integrated via an intuitive and seamless user experience. We differentiate these solutions

offerings based on our in-depth consumer understanding, with a strong focus on social location (people and places).

In a world where connecting people to what matters, empowers them to make the most of every moment. Our

ambition is to become the leading provider of mobile solutions

Nokia Board of Directors consists of the following nine members: Lalita D. Gupte, Bengt Holmstrm, Henning

Kagermann, Per Karlsson, Isabel Marey-Semper, Jorma Ollila, Marjorie Scardino, Risto Siilasmaa and Keijo Suila.

Chairman

Jorma Ollila

Vice Chairman

Dame Marjorie Scardino

y Lalita D. Guptey Dr. Bengt Holmstrm

y Dr. Henning Kagermanny Per Karlsson

y Isabel Marey-Semper

y Risto Siilasmaa

y Keijo Suila

The Nokia Corporate Business Development has the responsibility to manage Nokias Strategic Growth Areas. Unit

looks for breakthrough ideas that are industry shakers - innovative business concepts and technologies - that

integrate with and expand beyond Nokia core business. Our strategic growth areas are Commerce, Financial,

Entertainment and they are identified to provide the best potential for long-term growth.

By coordinating business development activities with other Nokia business units we aim to connect people with new

services that are meaningful to them and offer greater benefits by enabling more transactions on the device. We

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focus on generating new revenue streams for Nokia and our partners. The new services stem from the local needs of

consumers and local expertise, yet also benefit from global economies of scale.

Having validated new opportunities with sound business cases, we further develop them as new business programs

within Nokia or collaborate with companies to establish licensing deals, joint ventures, acquisitions, or partnership

agreements. Funding is not our specialty but if you are interested in Nokia's Venture Capital Fund, please visit Nokia

Growth Partners at www.nokiagrowthpartners.com.