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Nokia fine-tunes its organization: Establishes Solutions unit, Alberto Torres to head unit and join the Group Executive Board

Nokia Corporation.
Stock Exchange Release.
August 27, 2009 at 10.00 (CET +1).

Espoo, Finland - Nokia strives to become a leading provider of mobile solutions. As the next logical step in this transformation strategy, Nokia has today announced the introduction of a Solutions unit as of October 1, 2009. Alberto Torres, currently head of Devices Category Management has been appointed to head the new Solutions Unit and becomes a member of the Group Executive Board as of October 1, 2009. Alberto Torres joined Nokia in 2004. Prior to his current position as Head of Devices Category Management, he held a number of senior positions in for example corporate strategy and Vertu devices.

"We are now fine-tuning our operations to accelerate the pace of our company's change and to increase the speed, flexibility and innovation with which we meet consumer needs. The new unit will better enable us to deliver not only first-class devices and compelling consumer services, but also complete solutions that integrate the two seamlessly, " says Nokia CEO Olli-Pekka Kallasvuo.

The Solutions unit will drive Nokia's solutions offering and align it with the company's devices and services portfolio; manage the end-to-end creation and delivery of solutions across the company together with the other Nokia units, and bring together all design and user experience activities to drive excellence in consumer experience.

Nokia naturally continues to deliver devices and services that are competitive also as stand-alone products.

CV and photo of Mr. Alberto Torres: http://www.nokia.com/A4686368?kit=107

About Nokia
Nokia is a pioneer in mobile telecommunications and the world's leading maker of mobile devices. Today, we are connecting people in new and different ways - fusing advanced mobile technology with personalized services to enable people to stay close to what matters to them. We also provide comprehensive digital map information through NAVTEQ; and equipment, solutions and services for communications networks through Nokia Siemens Networks.

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