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1、Nokia in 2023In this reportBusiness overview2Nokia in 20233Letter from our President and CEO9Our customers13Our strategy15Our history21Business groups23Network Infrastructure23Mobile Networks25Cloud and Network Services27Nokia Technologies29Supply chain,sourcing and manufacturing31Corporate governan

2、ce33Corporate governance statement34Remuneration56Board review72Business description73Boards review 202374Selected financial data75Operating and financial review76Sustainability and corporate responsibility87Shares and shareholders115Articles of Association119Risk factors121Significant subsequent ev

3、ents124Key ratios125Alternative performance measures126Financial statements129Consolidated financial statements130Notesto the consolidated financial statements135Parent Company financial statements195Notes to the Parent Company financial statements198Signing of the Annual Accounts and the Review of

4、the Board of Directors 2023207Auditors report208Auditors ESEF assurance report212Other information213Introduction and use of certain terms214Forward-looking statements215Glossary216Investor information219ContentsNokia in 20231Business overviewNokia in 20233Letter from our President and CEO9Our custo

5、mers13Our strategy15Our history21Business groups23Network Infrastructure23Mobile Networks25Cloud and Network Services27Nokia Technologies29Supply chain,sourcing and manufacturing31Business overviewCorporate governanceBoard reviewFinancial statementsOther informationNokia in 20232Nokia in 2023Busines

6、s overviewCorporate governanceBoard reviewFinancial statementsOther information3Nokia in 2023 Nokia in 2023The platform for our futureThe Nokia platform guides everything we doacross our global organization.Its three elements shape our ambition,our strategy and our culture.Our purposeAt Nokia,we cre