Nokian Tyres plc Press Release 18 January 2017, 1:00 p.m.

Changes in Nokian Tyres' management team

Mr. Timo Tervolin, Vice President, Strategy and Corporate Development will take over the responsibility for the global Process Development in Nokian Tyres as of 1 February 2017. Mr. Alexej von Bagh, the current Vice President, Process Development will move outside the company. Nokian Tyres thanks Mr. von Bagh for his long-term service and all his efforts toward the company.

Mr. Tervolin, M.Sc. (Economics) and M.Sc. (Engineering), age 40, has worked for the Company and been a member of Nokian Tyres' management team since July 2016. His CV and photo can be found from https://www.nokiantyres.com/company/investors/corporate-governance/the-groups-management-team.

Nokian Tyres plc 
Antti-Jussi Tähtinen
Vice President, Marketing and Communications

Distribution: Media and www.nokiantyres.com