Not sure if this is any news to anyone... I was reading through the corporate pages and found the published PDFs for the Annual General Meeting. There are several to read through here

This is a proposal for changes of the Board of Directors

PROPOSAL BY THE CORPORATE GOVERNANCE AND NOMINATION COMMITTEE FOR COMPOSITION OF THE BOARD OF DIRECTORS

Jorma Ollila, Bengt Holmström and Per Karlsson have informed the Committee that they will no longer be available to serve on the Nokia Board of Directors after the Annual General Meeting. Mr Ollila joined Nokia in 1985 and served as the President and CEO of the company 1992-1999 and Chairman and CEO 1999-2006. He has been Nokia Board member since 1995. Mr Holmström has been Nokia Board member since 1999 and Mr Karlsson has been Nokia Board member since 2002.

The Committee proposes to the Annual General Meeting that the number of Board members be eleven, consistent with the provisions of the Company’s Articles of Association. Based on past experience and the current business situation at the Company, the Committee regards eleven as an appropriate number of directors for the needed diversity in experiences and skills to do the Board’s work effectively.

The Committee proposes that the following current Board members be re-elected as members of the Nokia Board of Directors for a term until the close of the Annual General Meeting 2013: Stephen Elop, Henning Kagermann, Jouko Karvinen, Helge Lund, Isabel Marey-Semper, Dame Marjorie Scardino, Risto Siilasmaa, and Kari Stadigh.

In addition, the Committee proposes that Bruce Brown, Chief Technology Officer, The Procter & Gamble Company, Mårten Mickos, CEO of Eucalyptus Systems, Inc., and Elizabeth Nelson, independent corporate advisor, be elected as members of the Nokia Board of Directors for a term until the close of the Annual General Meeting 2013.

All Board member candidates have been determined to be independent under the rules of the New York Stock Exchange and the Finnish Corporate Governance Code, except Mr Mickos, because of his position as CEO of Eucalyptus Systems, Inc. that has a business relationship with and receives revenue from Nokia Siemens Networks, and Mr Elop because of his position as President and CEO of Nokia.

The Committee's aim is continually to renew the Board to ensure an efficient Board of international professionals with a diverse mix of skills and experience. The Committee considers potential director candidates based on the short-term and long-term needs of the Company and the Board and may retain search firms or advisors to identify director candidates.