Creating a Communications Industry Powerhouse Nokia Siemens Networks

Creating a Communications Industry Powerhouse Nokia Siemens Networks

Creating a Communications Industry Powerhouse Com Business Mobile Phones, Multimedia & Enterprise Solutions CY 2005 Revenues: € 27. 6 Bn Networks Carrier Enterprise & Others** CY 2005 Revenues: € 6. 6 Bn • Wireless • Wireline • Services CY 2005 Revenues: € 9. 2 Bn* • Wireless • Wireline • Services CY 2005 Revenues: € 3. 6 Bn* Nokia Siemens Networks Wireline 22% Wireline Services 16% 6% 56% 22% Wireless Services * Unaudited calendarised numbers ** Including consolidation eleminations Wireless 78% CY 2005 Revenues: € 15. 8 Bn Headcount: approx. 60, 000

Opportunity is Large End-user market trends Operator needs More Connections Capex and Opex Efficiency More Applications More Usage P Converging wireless/wireline market P High-performing & cost-efficient infrastructure P Opportunities in operator services Comprehensive Solutions Strong Partners € 130+ Bn Communications Infrastructure & Services market (in 5 Years)

A New Leader With Scale to Win Carrier Business, 2005 Revenues (€ Bn) * Excludes Thales and enterprise business ** Unaudited calendarised numbers

Top 3 Positioning in Key Carrier Markets* Wireless Networks incl. Services Carrier Services** Wireline Networks incl. Services Ericsson / Marconi 14% Others 20% Ericsson / Marconi 26% Motorola 7% Others 57% Nokia Siemens Networks 13% Others 53% Nortel 8% Alcatel & Lucent 16% Alcatel & Lucent 17% Alcatel & Lucent 12% Nokia Siemens Networks 23% Total market size (€Bn): CAGR (2005 -2011) % : 52 ~5 Cisco 10% Nokia Siemens Networks 7% Nortel 5% Huawei 4% Nortel 4% Motorola 4% Total market size (€Bn): CAGR (2005 -2011) % : * Based on current combined businesses ** Carrier Services show total Services included in Wireless and Wireline Networks 30 ~9 Total market size (€Bn): CAGR (2005 -2011) % : 49 ~5 Source: Industry analyst research and company estimates

Broad Portfolio. . . Innovation Strength 3 rd party wide portfolio of complementing applications and equipment Service Core and Applications Transport and IP Networking • Mobile and fixed soft switching • Mobile Packet Core • IP Multimedia Subsystem • Prepaid and Charging • Applications • DWDM • Next Gen SDH • Microwave • Metro Ethernet − Mobile TV − IPTV − Vo. IP − Messaging − Etc. Support Systems • Network management • Service management Services • Installation, commissioning, maintenance • Consulting • Integration • Managed services • Hosting Radio Access • GSM/EDGE • WCDMA / HSPA • TD-SCDMA • Wi. MAX • LTE Broadband Access • x. DSL • GPON, EPON • Carrier Ethernet

Overall Organizational Structure C-level Executive Mgmt. Team CEO Simon Beresford-Wylie COO Mika Vehviläinen CMO Karl-Christoph Caselitz CFO Peter Schönhofer

Overall Organizational Structure Executive Mgmt. Team COO Business Excellence CEO Integration Prog Manager CFO CMO Research Technology & Platforms 7 Regions Strategy & Business Dev. Corporate Finance IT Communications Indirect Sourcing and Real Estate Legal 4 Global Accounts Operations 5 Business Units (BU) Solution Sales Management Security Marketing Synergies Services BU Accounting and Controlling Conceptual Guiding Principle R&D, PM Proc. Human Resources Manuf. Delivery & Log Sales Service Taxes 'Global Supply' 'Customer Interface, Local Fulfillment' Corporate Affairs

Business Units and Operations CEO COO CMO Research, Technology and Platforms Stephan Scholz Radio Access Ari Lehtoranta Service Core and Applications Christian Unterberger Operations Support Systems Christian Fredrikson Broadband Access Martin Lüst IP Networking and Transport Bernd Schumacher Operations Herbert Merz CFO

7 Regions proposed for NSN and CMO Regional structure for NSN and CMO WSE includes: § Israel § Poland § Balkans North America Borderline: § English Caribbean NAM § Spanish Caribbean LAM North East West & South Europe China Middle East Africa APAC Latin America MEA includes: § Pakistan § Afghanistan APAC includes: § Key Customer Team Hutchison

Customers, Markets and Services CEO COO CFO CMO Region NAM Deutsche Telekom Mark Louison Ralph Griewing Region LAT Vodafone Fernando Terni Beppe Donagemma Region China Telefonica Zhiqiang Zhang Daniel-Rui Felicio Region WSE France Telecom Jürgen Bill Pertti Melamies Region MEA Solution Sales management Jan Cron Olli Oittinen Region NE Marketing Kai Uebach NN Region APAC Services Rajeev Suri José Costa e Silva

Functions Integration CEO COO Jürgen Walter CFO CMO Strategy & BD Pekka Soini Human Resources Corporate Finance A&C NN Hans-Werner Hartmann Bosco Novak Communications Barry French Indirect Sourcing, Real Estate Dietmar Dresp Taxes NN Legal Kirsi Komi Corporate Affairs NN Security Petteri Rantanen Synergies Andrew Greenland IT Manfred Immitzer IPR NN Business Excellence Timo Katajisto