Nokia AGM Approves Board Proposals, Elects New Director
Nokia's Annual General Meeting on April 9, 2026, approved all Board proposals, including authorization for asset distribution and the election of a new Board member.
Espoo, Finland – Nokia Corporation's Annual General Meeting (AGM) convened on April 9, 2026, in Helsinki, approving all proposals put forth by the Board of Directors. The company's financial statements for 2025 were adopted, and members of the Board and the President and CEO were discharged from liability for the year. The Remuneration Report also received approval from the shareholders.
The AGM authorized the Board to resolve on the distribution of an aggregate maximum of EUR 0.14 per share from retained earnings and/or reserves. This authorization is valid until the next AGM, with the Board to decide on the specific amounts and timing of distributions. Preliminary record and payment dates have been set, with the first expected in May 2026.
Meredith Whittaker was elected as a new member to the Board of Directors, serving until the close of the next AGM. The other nine incumbent members were re-elected. Following the AGM, an assembly meeting of the Board elected Timo Ihamuotila as Chair and Thomas Saueressig as Vice Chair.
Decisions were also made regarding Board remuneration. Approximately 40% of the annual fees will be paid in Nokia shares to cover taxes, with the remainder in cash. Meeting fees for Board and Committee sessions were also approved based on travel requirements.