Nokia Siemens Networks appoints Fleet Logistics to manage Finnish fleet

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1 Press release Nokia Siemens Networks appoints Fleet Logistics to manage Finnish fleet Green fleet award-winning Nokia Siemens Networks has extended its relationship with Fleet Logistics to add its 1,800 strong vehicle fleet in Finland to the countries where the two companies work together. Fleet Logistics already provides a full range of outsourced fleet management services to Nokia Siemens Networks in 10 European countries and has done for several years. Following an evaluation of our core activities, we decided that the time was now right to add the fleet in Finland to those that Fleet Logistics is managing on our behalf, and implement a fully outsourced fleet management model, says Jarno Pajunen, responsible for mobility policies and sustainability within the Global Travel & Fleet procurement team at Nokia Siemens Networks. Fleet Logistics is providing the core fleet management services for which it has become renowned across Europe to Nokia Siemens Networks, which is based at Espoo just outside Helsinki. These include multi-bidding, which has been shown to reduce acquisition costs by up to 10% by selecting the best prices from a panel of leasing suppliers, invoice control, driver support services and fleet management reporting.

2 As part of its commitment to Nokia Siemens Networks, Fleet Logistics has now opened new offices in Helsinki and taken on high quality staff from the region, with a wealth of fleet experience, reporting to recently appointed Commercial Director, Stuart Donnelly, who has responsibility for the Nordics region. This was the sort of commitment we were looking for says Pajunen, and it was a major factor in our decision to select Fleet Logistics in Finland. Nokia Siemens Networks was created in 2007 as a joint venture between Siemens Communications and Nokia's Network Business Group, resulting in a 12bn turnover business employing over 70,000 people in 150 countries around the world, providing telecommunications hardware, software and services. The company operates a combined global vehicle fleet of 20,000 vehicles, with 7,000 in Europe, 6,000 in America, 6,000 in Asia-Pacific and 1,000 in Middle East-Africa. In Europe, for such a young company, Nokia Siemens Networks has quickly established its green fleet credentials with a series of market-leading initiatives, culminating in the winning of the International Green Fleet Award at the Fleet Europe Awards last year in recognition of its outstanding environmental achievements. Amongst its green achievements, the company has produced a 30g/km reduction in carbon emissions across the fleet in Europe in the last three years, achieving an average 138g/km for all new cars ordered, as a result of a harmonized fleet policy list which encourages the uptake of low carbon emitting vehicles. And as part of its continuous development going forward, Nokia Siemens Networks has already reached an average of less than 120 g/km for this year s leases in Finland and set itself ambitious green targets, with projected average emissions of just 70g/km per vehicle by 2020.

3 The company steers its drivers to selecting low emission vehicles and rewards their choice, with less attractive solutions for those who still wish to choose high carbon emitting vehicles. In Finland, drivers fund a percentage of the lease cost of their vehicle themselves, and it is in their financial interests to select cars with as low a CO2 emission as possible. Although we have not set a carbon cap for our fleet in Finland, and drivers can take cars with up to 199g/km of CO2 if they wish, it is more expensive for them to do so. So they tend to select cars with low carbon emissions which are more tax effective and which have lower fuel costs to run, explained Jarno Pajunen, who is also a member of the Nokia Siemens Networks Environmental Management Team. Nokia Siemens Networks has reduced the number of manufacturers on its fleet in Finland from around 15 to 10, although in most of its European operating countries it typically allows five different makes. To help achieve its future environmental objectives, the company already provides a choice of hybrid vehicles on its fleet policy list, and is a member of the Electric Vehicle Action Group to evaluate available electric vehicles and ensure needed infrastructure for them. There is already an engine pre-heating infrastructure in place in Finland because of our cold winter, and this may be easy to convert for electric vehicle recharging, said Jarno Pajunen. We are expecting the price of electric vehicles to become more competitive as more manufacturers enter the market and battery technology develops, and this may help our decision over which vehicles to select and add to our fleet policy, he added. Nokia Siemens Networks travel policy also looks beyond the use of the car, and for business related travel the company uses train, air, public transport and company shuttles when these represent the best solution for the journey in question. Employees

4 are also encouraged to share journeys wherever practical and to use virtual meeting technologies, as part of its sustainable mobility approach. Fleet Logistics Commercial Director, Stuart Donnelly, commented: We are delighted to add Nokia Siemens Networks s fleet in Finland to our pan European fleet management arrangement and to further extend our business relationship with them. We look forward to providing them with the levels of first class customer service they have become accustomed to across Europe, from our new offices in Helsinki, he added. Jarno Pajunen Nokia Siemens Networks

5 Ends Notes to Editors Fleet Logistics currently manages a vehicle fleet of around 100,000 vehicles with a related cost base of around Euro 1 billion on behalf of leading corporations. The group has operations in: Austria, Vienna Belgium, Vilvoorde France, Paris Finland, Helsinki Germany, Mainz, Düsseldorf, and Münich Hungary, Budapest Czech, Prague Italy, Milan Netherlands, Oosterhout Portugal, Lisbon Russia, Moscow and St. Petersburg Spain, Madrid and Barcelona Sweden, Malmö Switzerland, Baden United Kingdom, Birmingham Fleet Logistics has strengthened its geographical coverage to now include the Baltic region - Estonia, Latvia and Lithuania - by creating consulting partnership agreements. Fleet Logistics has emerged in Europe as a unique, knowledge-based fleet organisation, offering expert and impartial advising and management services, ranging from fleet solutions (fleet cost, policy and practices benchmarking) to strategic procurement (supplier tendering, negotiation and selection) and ongoing supplier monitoring (continuing control on overall costs, suppliers' pricing, and service quality). Fleet Logistics support services enable clients to reduce costs, simplify administration, and achieve maximum effectiveness for their policies and operations. For more information please contact Mike Gunnell on 0044 (0) ; mobile ; or visit Ends

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