Nokia 2009 Annual Report Download - page 248

30. Related party transactions (Continued)
(9)
The 2009 and 2008 fee of Mr. Siilasmaa amounted to a total of EUR 140 000, consisting of fee of
130 000 for services as a member of the Board and EUR 10 000 for services as a member of the
Audit Committee.
(10)
The 2008 and 2007 fees of Mr. Suila amounted to a total of EUR 140 000, consisting of a fee of
EUR 130 000 for services as a member of the Board and EUR 10 000 for services as a member of
the Audit Committee.
(11)
Mr. Vainio was a member of the Board of Directors and the Audit Committee until the end of the
Annual General Meeting on May 8, 2008. Mr. Vainio received his fees for services as a member of
the Board and as a member of the Audit Committee, as resolved by the shareholders at the
Annual General Meeting on May 3, 2007, already in 2007 and thus no fees were paid to him for
the services rendered during 2008. The 2007 fee of Mr.Vainio amounted to a total of EUR 140
000 consisting of a fee of EUR 130 000 for services as a member of the Board and EUR 10 000 for
services as a member of the Audit Committee.
Pension arrangements of certain Group Executive Board Members
OlliPekka Kallasvuo can, as part of his service contract, retire at the age of 60 with full retirement
benefit should he be employed by Nokia at the time. The full retirement benefit is calculated as if
Mr. Kallasvuo had continued his service with Nokia through the retirement age of 65. Hallstein Moerk,
following his arrangement with a previous employer, and continuing in his current position at Nokia,
has a retirement benefit of 65% of his pensionable salary beginning at the age of 62 and early
retirement is possible at the age of 55 with reduced benefits. Mr. Moerk will retire at the end of
September 2010 at the age of 57.
F74
Notes to the Consolidated Financial Statements (Continued)