Basware Oyj

Major Shareholding Notification • Oct 25, 2019

Disclosure 375881

BasWare - Major shareholder announcements

Basware Corporation: Flagging notification in accordance with Chapter 9 Section 10 of the Finnish Securities Markets Act

Basware Corporation, stock exchange release, October 25, 2019 at 9.15 am EEST Basware Corporation has received on October 24, 2019 the following notification pursuant to Chapter 9, Section 5 of the Finnish Securities Market Act from Invesco Ltd according to which their total holding of shares of Basware Corporation has decreased below five (5) percent on October 23, 2019. Basware Corporation has one series of shares in which each share carries one vote. The total number of shares and votes is 14,401,936. The holding of Invesco Ltd and its funds according to the notification: +----------------+----------+------------------------+---------+ | |% of |% of |Total of | | |shares and|shares and voting rights|both in %| | |voting |through financial | | | |rights |instruments | | +----------------+----------+------------------------+---------+ |Resulting | 4.90%| 0%| 4.90%| |situation on the| | | | |date on | | | | |which threshold | | | | |was crossed or | | | | |reached: | | | | +----------------+----------+------------------------+---------+ |Position of | 7.69%| 0%| 7.69%| |previous | | | | |notification (if| | | | |applicable): | | | | +----------------+----------+------------------------+---------+ Notified details of the resulting situation following the crossing of the threshold: A: Shares and voting rights +-------------+------+------------+----------+---------------------------+ | |Number |% of shares and voting rights | | |of | | | |shares | | | |and | | | |voting | | | |rights | | +-------------+------+------------+----------+---------------------------+ |Class/type of|Direct|Indirect |Direct |Indirect (SMA 9:6 and 9:7) | |shares: |(SMA |(SMA 9:6 and|(SMA 9:5) | | | |9:5) |9:7) | | | +-------------+------+------------+----------+---------------------------+ |FI0009008403 | 0| 706,775| 0%| 4.90%| +-------------+------+------------+----------+---------------------------+ |Subtotal (A):| 706,775| 4.90%| +-------------+------+------------+----------+---------------------------+ For more information, please contact: Ben Selby, Head of Investor Relations, Basware Corporation Tel. +358 50 305 8077, ben.selby@basware.com Distribution: Nasdaq Helsinki Key media www.basware.com/investors About Basware: Basware offers the largest open business network in the world and is the global leader in providing networked purchase-to-pay solutions and e-invoicing services. Our technology empowers organisations with 100% spend visibility by enabling the capture of all financial data across procurement, finance, accounts payable and accounts receivable functions. Basware is a global company doing business in more than 100 countries and is traded on the Helsinki exchange (BAS1V: HE). Find out more at http://investors.basware.com/en.