Andrei Pantioukhov appointed interim President and CEO of Nokian Tyres plc

Nokian Tyres plc Stock Exchange Release 21 December 2016 10.00 a.m.

The Board of Directors of Nokian Tyres plc has appointed MBA Andrei Pantioukhov, 44, as the interim President and CEO starting 1 January 2017. Mr. Pantioukhov currently serves as Nokian Tyres’ General Manager, Russian operations and continues also in this role. He has been in the Company since 2004, a member of the management since 2009 and Executive Vice President since the beginning of 2016.

Nokian Tyres’ current President and CEO Ari Lehtoranta resigned his position 26 September 2016 in order to pursue new opportunities outside of Nokian Tyres. Lehtoranta started in his position 1 October 2014.

Curriculum vitae and photo of Andrei Pantioukhov are available on Nokian Tyres’ internet pages at www.nokiantyres.com/company/investors/corporate-governance/the-groups-management-team/

Teleconference on 21 December at 12:00 noon EET

Chairman of the Board Petteri Walldén and Andrei Pantioukhov will be answering questions in a teleconference that will be arranged today, 21 December at 12:00 noon EET.  You can participate in the telephone conference by calling one of the numbers below 5–10 minutes before the scheduled starting time:

FI: +358981710495
UK: +442031940552
SE: +46856642702
US: +18557161597

Nokian Tyres plc
Petteri Walldén
Chairman of the Board of Directors

Further information: Chairman of the Board Petteri Walldén, tel. +358 10 401 7476

Distribution: Nasdaq Helsinki, the 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 1,494 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