Nokian Tyres plc Stock Exchange Release July 14, 2023 at 9:40 a.m.
Nokian Tyres has received an announcement from Société Générale SA (SG SA) on July 13, 2023, in accordance with the Finnish Securities Market Act Chapter 9, Section 5. According to the announcement, Société Générale SA's holding through financial instruments and total holding in Nokian Tyres shares and voting rights exceeded the level of5% of the share capital in Nokian Tyres plc, as a result of share transactions concluded on July 11, 2023.
The holding through financial instruments of Société Générale SA (SG SA) in Nokian Tyres amounted to 7,280,231 shares, corresponding to 5.24% of Nokian Tyres' shares and voting rights and total holding amounted to 7,388,187 shares, corresponding to 5.32% of Nokian Tyres' shares and voting rights.
Total positions of person(s) subject to the notification obligation:
+----------------+----------+------------------+-----+----------------------+
|                |% of      |% of shares and   |Total|Total number of shares|
|                |shares and|voting rights     |of   |and voting rights of  |
|                |voting    |through financial |both |issuer                |
|                |rights    |instruments (total|in % |                      |
|                |(total    |of B)             |(A+B)|                      |
|                |of A)     |                  |     |                      |
+----------------+----------+------------------+-----+----------------------+
|Resulting       |0.08%     |5.24%             |5.32%|138,921,750           |
|situation on the|          |                  |     |                      |
|date on         |          |                  |     |                      |
|which threshold |          |                  |     |                      |
|was crossed or  |          |                  |     |                      |
|reached         |          |                  |     |                      |
+----------------+----------+------------------+-----+----------------------+
|Position of     |0.08%     |4.41%             |4.49%|                      |
|previous        |          |                  |     |                      |
|notification    |          |                  |     |                      |
+----------------+----------+------------------+-----+----------------------+
Notified details of the resulting situation on the date on which the threshold was crossed or reached:
A: Shares and voting rights:
+------------+-------+-----------------+----------------+-----------------+
|Class/type  |Number                   |% of shares                       |
|of shares   |of                       |and voting rights                 |
|ISIN code   |shares                   |                                  |
|            |and                      |                                  |
|            |voting                   |                                  |
|            |rights                   |                                  |
+------------+-------+-----------------+----------------+-----------------+
|            |Direct |Indirect         |Direct (SMA 9:5)|Indirect         |
|            |(SMA   |(SMA 9:6 and 9:7)|                |(SMA 9:6 and 9:7)|
|            |9:5)   |                 |                |                 |
+------------+-------+-----------------+----------------+-----------------+
|FI0009005318|107,956|                 |0.08%           |                 |
|            |       |                 |                |                 |
|Ordinary    |       |                 |                |                 |
|shares      |       |                 |                |                 |
+------------+-------+-----------------+----------------+-----------------+
|Subtotal A  |107,956                  |0.08%                             |
+------------+-------+-----------------+----------------+-----------------+
B: Financial instruments according to SMA 9:6a:
+---------------+----------+----------+-----------+-----------------+-----------+
|Type of        |Expiration|Exercise/ |Physical or|Number of shares |% of shares|
|financial      |date      |Conversion|cash       |and voting rights|and voting |
|instrument     |          |Period    |settlement |                 |rights     |
+---------------+----------+----------+-----------+-----------------+-----------+
|Right to recall|N/A       |N/A       |Physical   |1,094,818        |0.80%      |
|lent securities|          |          |           |                 |           |
+---------------+----------+----------+-----------+-----------------+-----------+
|Listed Call    |03/01/2033|Until     |Cash       |200,569          |0.14%      |
|Warrant on     |          |03/01/2033|           |                 |           |
|Basket         |          |          |           |                 |           |
+---------------+----------+----------+-----------+-----------------+-----------+
|OTC Call Option|03/01/2033|Until     |Cash       |207,684          |0.15%      |
|on Basket      |          |03/01/2033|           |                 |           |
+---------------+----------+----------+-----------+-----------------+-----------+
|OTC Call Option|03/01/2033|Until     |Cash       |1,197,000        |0.86%      |
|               |          |03/01/2033|           |                 |           |
+---------------+----------+----------+-----------+-----------------+-----------+
|OTC Put Option |03/01/2033|Until     |Cash       |1,696,230        |1.22%      |
|               |          |03/01/2033|           |                 |           |
+---------------+----------+----------+-----------+-----------------+-----------+
|Listed Call    |03/01/2033|Until     |Cash       |1,187,700        |0.85%      |
|Warrant        |          |03/01/2033|           |                 |           |
+---------------+----------+----------+-----------+-----------------+-----------+
|Listed Put     |03/01/2033|Until     |Cash       |1,696,230        |1.22%      |
|Warrant        |          |03/01/2033|           |                 |           |
+---------------+----------+----------+-----------+-----------------+-----------+
|               |          |          |Subtotal B |7,280,231        |5.24%      |
+---------------+----------+----------+-----------+-----------------+-----------+
Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entity:
+-------------+------------------+---------------------+----------------+
|Name         |% of shares       |% of shares and      |Total of both, %|
|             |and voting rights |voting rights through|                |
|             |                  |financial instruments|                |
+-------------+------------------+---------------------+----------------+
|Société      |0.08%             |3.01%                |3.09%           |
|Générale S.A.|                  |                     |                |
+-------------+------------------+---------------------+----------------+
|Société      |0.00%             |2.23%                |2.23%           |
|Générale     |                  |                     |                |
|Effekten Gmbh|                  |                     |                |
+-------------+------------------+---------------------+----------------+
Further information:
Päivi Antola
SVP, Communications, Investor Relations and Brand
Tel. +358 10 401 7327, IR@nokiantyres.com