© 2008 Nokia31

Extending the lead in devices

Kai ÖistämöExecutive Vice President, Devices

Mobile Phone becomes Mobile Computer

Focus on solution not product

New organization has reduced overlaps

Focus back on hero products

© 2008 Nokia Capital Markets Day 200832

Hold home field advantage

Defend in markets wherewe are strong

Value for money Highest perceived value Nokia brand strength Portfolio is king

© 2008 Nokia Capital Markets Day 200834

Exploitgrowthopportunities

Starts with the consumer Strategic collaboration with US

carriers Shipments to Korea scheduled

to begin in 2009

© 2008 Nokia Capital Markets Day 200835

Grow inemerging marketsthrough value add

© 2008 Nokia Capital Markets Day 200836

Key driversfor 2009 User Experience Innovation Scale and Cost Efficiency

© 2008 Nokia Capital Markets Day 200837

Gain user experience leadership Across platforms,

geographies, price points One size does NOT fit all User experience defines

form factor Tailored solutions

Nokia E63Nokia 6210 Navigator© 2008 Nokia Capital Markets Day 200838

Nokia Entry and Life Tools

© 2008 Nokia Capital Markets Day 200839

Nokia Nseries Over 80% of N95 owners access

the web Estimate over 100 million

Nseries sold by Q1 2009

© 2008 Nokia Capital Markets Day 200840

Touch and physical QWERTY Customizable Homescreen – your favorite contacts & services at a glance 32 GB of on-board memory + 16 GB card slot = 48 GB of memory 3.5” widescreen with 640x360 resolution 5 Mpx camera with Carl Zeiss optics

Nokia N97

© 2008 Nokia Capital Markets Day 200841

© 2008 Nokia Capital Markets Day 200842

© 2008 Nokia Capital Markets Day 200843

Drive innovation throughplatforms

Innovation in hardwareand software

Symbian Foundation,Trolltech in software

UI puts people first

© 2008 Nokia Capital Markets Day 200844

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Navigation has reached the mass market

50% of 2009 portfolio with built in GPSAll S60 with Maps, first Series 40 with GPSNavigation coming to entry markets Open map APIs drive new location services

© 2008 Nokia Capital Markets Day 200845

Maximize scale andcost efficiency

© 2008 Nokia Capital Markets Day 200846

%Gross margin %

Nokia 6300

3.07

4.07

5.07

7.07

8.07

9.07

10.07

11.07

12.07 1.0

82.0

83.0

84.0

85.0

86.0

86.0

72.0

71.0

7

Reta

il pric

e in

€

Time

© 2008 Nokia Capital Markets Day 200847

Best Smart Phone forProfessionals(PC World Latin America 2008 Awards)Phone of the year(Mobile Choice UK)Smartphone of the Year(Mobilgalan, Sweden)Editor’s choice(CNET Asia)Smartphone of the year(PC World India)

© 2008 Nokia51

Lead in user experiencethe world over

Focused on innovation

Scale and structurebrings cost efficiency

© 2008 Nokia Capital Markets Day 200851