Nokia Announces N Android Tablet

Simplicity and design at the heart of Nokias first brand-licensed product

Espoo, Finland - Nokia today announced the N1, the first Nokia-branded AndroidTM tablet. The N1 offers the innovative, predictive Nokia Z Launcher interface, and a carefully crafted industrial design by Nokia with a focus on simplicity. The N1 will be brought to market in Q1 2015 through a brand-licensing agreement with an original equipment manufacturer (OEM) partner responsible for manufacturing, distribution and sales.

We are pleased to bring the Nokia brand back into consumers hands with the N1 Android tablet, and to help make sophisticated technologies simple, said Sebastian Nystr m, Head of Products at Nokia Technologies, who announced the N1 at the Slush technology conference in Helsinki. The N1 has a delightfully intuitive interface and an industrial design to match it. This is a great product for Nokia fans and everyone who has not found the right Android tablet yet.

Consumers use and manage a large set of applications in their digital lives. The N1 makes that easy with the Z Launcher, which allows users to scribble a letter or two to find their content quickly. Over time the Z Launcher learns what applications are in use, and predicts and highlights the applications consumers are expected to want based on time of day and location.

The industrial design of the N1 is deliberately developed to match the elegant simplicity of the interface. It has a unique one-piece aluminum design with a soft finish in both Lava Grey and Natural Aluminum colors that make it stand out from other tablets. The 7.9 laminated display sits in a 6.9mm thin and light design that makes the device comfortable to hold even with one hand. A 2.4Ghz Intel AtomTM quad-core processor provides great performance for the Android Lollipop operating system on the N1.

The N1 is planned to be available for purchase in China in Q1 2015 for an estimated USD 249 before taxes, with the anticipation of expanding sales to other markets.

In addition to the Nokia brand, Nokia is licensing the industrial design, Z Launcher software layer and IP on a running royalty basis to the OEM partner. The OEM partner is responsible for full business execution, from engineering and sales to customer care, including liabilities and warranty costs, inbound IP and software licensing and contractual agreements with 3rd parties.

The N1s industrial design and Z Launcher application originate within the Nokia Technologies business, which is focused on strengthening Nokias industry-leading innovation portfolio through patent, technology and brand licensing.

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Android is a trademark of Google Inc.

Intel Atom is a trademark of Intel Corporation in the U.S. and/or other countries.

FORWARD-LOOKING STATEMENTS

It should be noted that Nokia and its businesses are exposed to various risks and uncertainties and certain statements herein that are not historical facts are forward-looking statements, including, without limitation, those regarding: A) expectations, plans or benefits related to Nokias strategies; B) expectations, plans or benefits related to future performance of Nokias businesses Nokia Networks, HERE and Nokia Technologies; C) expectations, plans or benefits related to changes in our leadership, operational structure and operating model; D) expectations regarding market developments, general economic conditions and structural changes; E) expectations and targets regarding performance, including those related to market share, prices, net sales and margins; F) timing of the deliveries of our products and services; G) expectations and targets regarding our financial performance, operating expenses, taxes, cost savings and competitiveness, as well as results of operations; H) expectations and targets regarding collaboration and partnering arrangements; I) outcome of pending and threatened litigation, arbitration, disputes, regulatory proceedings or investigations by authorities; J) expectations regarding restructurings, investments, uses of proceeds from transactions, acquisitions and divestments and our ability to achieve the financial and operational targets set in connection with any such restructurings, investments, divestments and acquisitions, including any expectations, plans or benefits related to or caused by the transaction where Nokia sold substantially all of the Devices & Services business to Microsoft on April 25, 2014 (Sale of the D&S Business); K) statements preceded by or including believe, expect, anticipate, foresee, sees, target, estimate, designed, aim, plans, intends, focus, continue, project, should, will or similar expressions. These statements are based on the managements best assumptions and beliefs in light of the information currently available to it. Because they involve risks and uncertainties, actual results may differ materially from the results that we currently expect. Factors, including risks and uncertainties that could cause such differences include, but are not limited to: 1) our ability to execute our strategies successfully and in a timely manner, and our ability to successfully adjust our operations and operating models; 2) our ability to sustain or improve the operational and financial performance of our businesses and correctly identify business opportunities or successfully pursue new business opportunities; 3) our ability to execute Nokia Networks strategy and effectively, profitably and timely adapt its business and operations to the increasingly diverse needs of its customers and technological developments; 4) our ability within our Nokia Networks business to effectively and profitably invest in and timely introduce new competitive high-quality products, services, upgrades and technologies; 5) our ability to invent new relevant technologies, products and ser

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