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Wed March 2 01:20 pm 2016 in categories Stock exchange releases, Flagging notifications

Nokian Tyres: Disclosure under chapter 9, section 10 of the securities market act

Nokian Tyres plc Stock Exchange Release 2 March 2016 at 1:20 p.m.

Nokian Tyres has received an announcement from Sprucegrove Investment Management Ltd. on 26 February 2016 and a revised announcement on 1 March 2016, according to which the holdings of the mutual funds managed by Sprucegrove Investment Management Ltd. fell below level of 5% of the share capital in Nokian Tyres plc, as a result of share transactions concluded on 25 February 2016. According to Nokian Tyres, the holdings of the funds have fallen below the level of 5% already previously due to Nokian Tyres increasing its total number of shares during 2015.

Total positions of Sprucegrove Investment Management Ltd. and its funds subject to the notification:

% of shares and voting rights (total of A) % of shares and voting rights through financial instruments (total of   B) Total of both in % (A+B) Total number of shares and   voting rights of issuer
Resulting   situation on the date on which threshold was crossed or reached Below 5% Below 5% Below 5% 6,661,350
Positions   of previous notification 5,04 % 0,0 % 5.04%

Notified details of the resulting situation on the date on which the threshold was crossed or reached:

A: Shares and voting rights:

Class/type of shares
  ISIN code
Number of shares and voting rights Number of shares and voting rights % of shares and voting   rights % of shares and voting   rights
Direct (SMA 9:5) Indirect
  (SMA 9:6 and 9:7)
Direct (SMA 9:5) Indirect
  (SMA 9:6 and 9:7)
FI0009005318 Below 5% Below 5%
SUBTOTAL   A Below 5% Below 5%

B: Financial instruments according to SMA 9:6a:

Type   of financial
  instrument
Expiration   date Exercise/
  Conversion Period
Physical   or
  cash settlement
Number of shares
  and voting rights
% of shares and
  voting rights
Securities Lent N/A N/A Physical Below 5% Below 5%
CFD N/A N/A Cash Below 5% Below 5%
Total Return Swap N/A N/A Cash Below 5% Below 5%
SUBTOTAL   B Below 5% Below 5%

Nokian Tyres plc

Antti-Jussi Tähtinen

Vice President, Marketing and Communications

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