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

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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

Nokian Tyres is the only tyre manufacturer in the world that focuses on customer needs in northern conditions. The company 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 1,475 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

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