Published: 2026-02-10 13:00:14 EET
Nokian Renkaat - Other information disclosed according to the rules of the Exchange

Nokian Tyres announces updated strategy and financial targets

Nokian Tyres plc Stock Exchange Release February 10, 2026, at 1:00 p.m. EET

Nokian Tyres' Board of Directors has approved the company's updated strategy and
financial targets extending until the end of 2029.

Nokian Tyres' strength lies in its deep experience with extreme weather
conditions. The company's strategic theme, Making the unpredictable predictable
in any weather condition, reflects its heritage and direction.

“Over the past years, Nokian Tyres has navigated the most significant
transformations in its history. This period has been a complete strategic reset
as we rebuilt the new Nokian Tyres platform. As we now enter the next phase of
our development, we will refocus on sustainable, value‑driven growth. This
positions us to take better control of the unpredictable also in the future and
will reduce our exposure to geopolitical risks,” says President and CEO Paolo
Pompei.

“We are sharpening our position to win where it matters and where we can
differentiate supported by our strong heritage and knowhow, innovation
capabilities and an excellent team. Our strategic plan includes a strong
pipeline of innovative new products that will be produced in our advanced
production facilities,” he continues.

Nokian Tyres strategic market segments

  · Passenger Car Tyres: market‑leading position in winter tires and
above‑market growth in all‑season and all‑weather segments.
  · Heavy Tyres: above‑market growth in agricultural and forestry tires.
  · Vianor: a key enabler in Europe, serving as a sales and service channel for
both passenger car and heavy tires.

Nokian Tyres is a focused, niche player in the global passenger car and heavy
tire markets. Key market trends such as electrification, a growing car parc,
increasing rim sizes and growing winter tire demand continue to support
favorable market development in the segments where Nokian Tyres operates.

Updated financial targets

Nokian Tyres' financial targets extending until the end of 2029 are:

  · Net sales: EUR 1.8-2.0 billion
  · Profitability: Segments EBITDA > 24% and Segments operating profit >15%
  · Capital structure: Net debt/Segments EBITDA <2

The company's dividend policy remains unchanged: the target is to distribute at
least 50% of net earnings.

Nokian Tyres prioritizes Segments EBITDA as a percentage of net sales as its key
profitability metric. The company has defined a range for net sales and aims to
keep Net debt/Segments EBITDA below 2.

“Our updated financial targets set a clear direction for the future and reflect
our ambition to create sustainable value for our shareholders. Profitability
improvement will be driven both by volume growth and by more than EUR 100
million coming from targeted performance initiatives. While maintaining strong
performance in the Nordics, we aim to accelerate growth in North America and
Central Europe. We will prioritize value creation through premium positioning,
improved product mix and disciplined cost and operational efficiency,” Pompei
summarizes.

Non‑financial targets unchanged

The Board has confirmed the previously announced non‑financial targets. Nokian
Tyres will review these targets during 2026

Further information:

Paolo Pompei, President and CEO, tel. +358 10 401 7000
ir@nokiantyres.com
media@nokiantyres.com


Financial Statement Release2025 webcast and teleconference on Feb 10, 2026

Nokian Tyres will publish its Financial Statement Release2025 on February 10,
2026 approximately at 1:00 p.m. EET. After publication, the release will be
available
atcompany.nokiantyres.com/investors/ (https://eur04.safelinks.protection.outlook.
com/?url=https%3A%2F%2Fpublish.ne.cision.com%2Fl%2Fmrvjqskrc%2Fcompany.nokiantyre
s.com%2Finvestors&data=05%7C02%7Celina.lehtinen%40nokiantyres.com%7Cc655a29e71034
f16b83908de6316edea%7C2293b824c7984957856edf1992afab2e%7C0%7C0%7C6390571473024186
94%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW
4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C4000%7C%7C%7C&sdata=iD09MIphV%2FPKsmItAK
Z4BAy7zLxCLxoPxSuwuRnX8fo%3D&reserved=0).

A combined webcast and teleconference for investors, analysts and media will be
held on the publishing day at 2:00 p.m. EET. Participants can follow the webcast
viathis
link (https://eur04.safelinks.protection.outlook.com/?url=https%3A%2F%2Fpublish.n
e.cision.com%2Fl%2Fmrvjqskrc%2Fnokiantyres.events.inderes.com%2Fq4
-2025&data=05%7C02%7Celina.lehtinen%40nokiantyres.com%7Cc655a29e71034f16b83908de6
316edea%7C2293b824c7984957856edf1992afab2e%7C0%7C0%7C639057147302446422%7CUnknown
%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIj
oiTWFpbCIsIldUIjoyfQ%3D%3D%7C4000%7C%7C%7C&sdata=wVUBfupKYRKCK2w0GPhQBvgZ%2BvlszC
OGP0UkZ2DMQrY%3D&reserved=0). To ask questions, please join the teleconference
by
registeringhere (https://eur04.safelinks.protection.outlook.com/?url=https%3A%2F%
2Fpublish.ne.cision.com%2Fl%2Fmrvjqskrc%2Fevents.inderes.com%2Fnokiantyres%2Fq4
-2025%2Fdial
-in&data=05%7C02%7Celina.lehtinen%40nokiantyres.com%7Cc655a29e71034f16b83908de631
6edea%7C2293b824c7984957856edf1992afab2e%7C0%7C0%7C639057147302467485%7CUnknown%7
CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoi
TWFpbCIsIldUIjoyfQ%3D%3D%7C4000%7C%7C%7C&sdata=1sZPvLK6KdvjspBJlVqn8TBaWFNpvudzfU
9MyHYsB70%3D&reserved=0). Phone numbers and a conference ID to access the
teleconference will be provided upon registration.

Capital Markets Day on Feb 11, 2026, live webcast

Nokian Tyres is organizing a Capital Markets Day on February 11, 2026, in
Helsinki, Finland. A live webcast open to all can be followed
athttps://nokiantyres.events.inderes.com/2026
-cmd (https://eur04.safelinks.protection.outlook.com/?url=https%3A%2F%2Fnokiantyr
es.events.inderes.com%2F2026
-cmd&data=05%7C02%7CAnnukka.Angeria%40nokiantyres.com%7C2c0e60e7e375446dbaa408de5
27ab524%7C2293b824c7984957856edf1992afab2e%7C0%7C0%7C639038884132803494%7CUnknown
%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIj
oiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7C&sdata=emrZ%2F8rvuG%2Bf0%2BScCu%2FHVdZ%2BF
aDYfFmdNfgeQ%2BQij2E%3D&reserved=0)from 2:00 p.m. to approximately 4:30 p.m.
EET. Online participants will have the opportunity to submit questions via chat
during the event.

About Nokian Tyres
NokianTyres'purpose is to make the world safer by reinventing tires, and how
they are made, over and over again - a safer place to drive, work and live now
and for generations to come. Inspired by our northern heritage, we develop and
manufacture premium tires for passenger cars,trucksand heavy machinery with
sustainability at the heart of all our operations. OurVianorchain provides tire
and car services. We are some 4,000 people with net sales of EUR 1.4 billion in
2025, and together we lead the journey to smarter driving for people and for
businesses.NokianTyresis listed on Nasdaq Helsinki.
Further
information:company.nokiantyres.com (https://eur04.safelinks.protection.outlook.c
om/?url=https%3A%2F%2Fcompany.nokiantyres.com%2F&data=05%7C02%7Canne.aittoniemi%4
0nokiantyres.com%7C7be0a188077f4660a2e408de5342ffd1%7C2293b824c7984957856edf1992a
fab2e%7C0%7C0%7C639039744374709839%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydW
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7C&sdata=RYIyEQxqe8v74dxOz0BKe0IiH6ZD8dD86cADiGHSapk%3D&reserved=0),
www.nokiantyres.com (https://eur04.safelinks.protection.outlook.com/?url=https%3A
%2F%2Fpublish.ne.cision.com%2Fl%2Fhdyxuosoc%2Fwww.nokiantyres.com&data=05%7C02%7C
anne.aittoniemi%40nokiantyres.com%7C7be0a188077f4660a2e408de5342ffd1%7C2293b824c7
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