Nokia Mission

Ethics

The business of being responsible

Our interests depend on compliance with the highest standards of business conduct

Nokia aims to be among the world's leading companies in responsible business practices

We examine the entire value chain and product lifecycles to ensure that we meet the expectations of responsible

business

Appropriate business behavior

Nokia communicates its corporate responsibility (CR) ambitions through all of its employees, with work practices

reflective of Nokia's Code of Conduct

Governance

Nokia believes that real progress is made only when policies and programs are sustainable and embedded in every aspect

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of a company's operations. Acting responsibly is one of the cornerstones of Nokia's competitiveness and it has shaped our

company culture into what it is today. It is the voluntary activities undertaken by Nokia employees that translate into Nokia's

corporate responsibility (CR) strategy, functioning as a collective effort of all members of the Nokia community. The Code of

Conduct and Nokia's Values are the tools which employees utilize to ensure responsible business practices are common

practice in the workplace.

Learn more about the Code of Conduct

Learn more about the Nokia Values

Learn more about the Corporate Governance

Veli SundbÐ"¤ck, Executive Vice President, Corporate Relations and Responsibility, leads Nokia's corporate responsibility

work at the Executive Board level, and presides over a number of CR teams and management groups, notably the Nokia

Corporate Responsibility Steering Group and the Environmental Steering Group. These steering groups are made up of

members from Nokia's various business groups. They support Nokia's horizontal and corporate structures, with the aim of

encouraging and integrating responsible business elements into both traditional and non-traditional aspects of the overall

business. In addition to supporting company-wide initiatives and projects, these teams are responsible for driving open

communication and cooperation, both internally and externally.

During 2006, the Nokia Corporate Responsibility Steering Group reviewed and updated the social dimension of its strategic

framework. Steps have been put in place for further implementation in the business groups during 2007.

Row 1: Johanna Kantokari, Veli SundbÐ"¤ck, Arja Suominen.Row 2: Riitta VÐ"¤nskÐ"¤, Keith Pardy, Paula Fontell, Kaisa

Olkkonen, Kirsi Sormunen, Anne Klemetti.Row 3: Pertti Paasovaara, Martin Sandelin, Kimmo Lipponen.Taken from the

September CR Steering