Subscribing shares with stock options

Evli Bank Plc will act as the share subscription agent and Evli Alexander Management Oy as their tributary agent, who receives and conveys share subscriptions electronically through the Incentive-system.

Option holders who are currently employed to Nokian Tyres has to make share subscriptions electronically through the Incentive-system at https://incentive.eam.fi.

Other opption holders can subscribe shares with the stock options by contacting Evli help desk phone +358 9 4766 9931 or operations@eam.fi in order to receive a share subscription form.

The subscription price (since April 7, 2011) Warrant 2007B: 22,32 € per share  and Warrant 2007C: 7,59 € per share.

After signing the subscription form and paying the subscription price according to the payment instructions Evli Bank Plc will take care of the required entries in your book-entry account, whereby the options used for subscription will be removed and new shares of Nokian Tyres Plc will be entered.

The subscribed share is not immediately available for selling on the stock exchange but the new shares will first be entered into the Trade Register and after that the shares will be applied for listing on the stock exchange as a so-called supplementary lot. Therefore a stock option holder should be aware that the subscribed share would only be quoted after several weeks from the share subscription.

Shares will establish shareholders rights as of the date of share registration.

The shares subscribed for under Nokian Tyres stock options during 2012 will be registered in the Trade Register and listed on NASDAQ OMX Helsinki on the following target dates:

Please note that the registration and listing dates are estimated.

• Terms and conditions of Nokian Tyres plc 2007 stock options 

• Terms and conditions of Nokian Tyres plc 2010 stock options