Research Disclosures & Disclaimers

This website contains disclosures and disclaimers related to
published UBS Global Research products, including those related to
regulation, potential conflicts of interest as well as those provided
by third-party data providers describing limitations on use of their
products.

Nokian (TYRES.HE)*

UBS Rating and Price Target History Chart

Line chart explaining Price target vs Stock Price is described in below table

EQ Rating & Price Target Table

Date	Stock Price (€)	Price Target (€)	Rating
2022-03-30	15.29	25.00	Sell
2022-04-07	13.41	15.00	Neutral
2022-07-01	10.26	11.00	Neutral
2023-02-08	9.37	10.00	Neutral
2023-10-09	7.55	9.00	Neutral
2024-07-02	7.79	8.10	Neutral
2024-07-23	7.71	8.00	Neutral
2024-11-04	7.83	7.80	Neutral
2025-02-05	6.22	7.00	Neutral
2025-05-06	6.30	6.80	Neutral

Disclosures

UBS holds a long or short position of 0.5% or more of the listed shares of this company.

Note : Historical Price Targets have been adjusted to account for any stock splits, rights issues and/or dividends which may have occurred for this security. Not Priced: Stock was not priced on the given date. No Rating: Issuer was not rated by UBS on the given day. No Price Target: For this issuer no Price Target was set by UBS on the given day. Issuers with an EQ Rating & Price Target Table are covered by UBS-IB Equity Research Analysts. Issuers without an EQ Rating & Price Target Table are not single stock covered.

* Issuers marked with an asterisk are covered by UBS-IB Equity Research Analysts. Issuers without an asterisk are not single stock covered.