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2016-05-18

Nokian Tyres: Nomination to Nokian Tyres' management team

Nokian Tyres plc Stock Exchange Release 18 May, 2016 09.30 a.m.

Timo Tervolin has been appointed as Vice President, Strategy and
Corporate Development and a member of Nokian Tyres' management team.
His responsibilities will include leading the company's strategy
process and strategic programs, mergers and acquisitions, and
monitoring markets and competition.

Tervolin is currently working for Ingram Micro, the leading global
technology distributor based in Irvine, California, leading Ingram
Micro's mergers and acquisitions team. He has substantial
international experience in strategy and business leadership and
development having worked in Europe and the United States with Nokia
Corporation. Prior to his position at Nokia, Tervolin worked as
management consultant with the Boston Consulting Group. Timo Tervolin
will join Nokian Tyres on 6 June, 2016 and will report to the
President and CEO.

"Timo has strong international experience in the field of strategic
leadership, mergers and acquisitions and business development. Timo
will bring new perspectives to the development of Nokian Tyres'
strategy and I believe that with him, our company will make further
progress along the road to successful, profitable growth," says Ari
Lehtoranta, President and CEO of Nokian Tyres.

Nokian Tyres plc

Antti-Jussi Tähtinen
Vice President, Marketing and Communications

Further information: Ari Lehtoranta, President and CEO, Tel: +358 10
401 7733

Distribution: Nasdaq Helsinki Ltd, media and www.nokiantyres.com

Nokian Tyres is the world's northernmost tyre manufacturer. The
company promotes and facilitates safe driving in demanding
conditions. It supplies innovative tyres for cars, trucks and special
heavy machinery mainly in areas with special challenges on tyre
performance: snow, forests and harsh driving conditions in different
seasons. Nokian Tyres' product development is consistently aiming for
sustainable solutions for safety and the environment, taking into
account the whole life cycle of the tyre. A part of the Nokian Tyres
group, the tyre chain Vianor has 1,475 outlets in 26 countries. In
2015 Nokian Tyres had approximately 4,400 employees and net sales of
approximately 1,4 billion euros. Nokian Tyres' share is listed on the
Nasdaq Helsinki. Further information: www.nokiantyres.com

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http://news.cision.com/nokian-tyres/r/nomination-to-nokian-tyres--manage...

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