Basware Oyj

Board/Management Information • Jan 3, 2013

Disclosure 303873

BasWare - Changes board/management/auditors

Changes in Basware's Executive Team

Basware Corporation, stock exchange release, January 3, 2013, at 13:00 Changes in Basware's Executive Team Ilari Nurmi, M.Sc.(Eng.), has been appointed as the product director of Basware Group with the title Senior Vice President, Product Management, and member of the Executive Team as of January 7, 2013. Mr. Nurmi will report to Esa Tihilä, CEO, Basware Corporation. Ilari Nurmi has previously worked for 14 years in product management, product marketing and marketing executive and specialist positions at Nokia, both in Finland and the U.S."Basware's transformation from a software company into a service company has required significant investments in proprietary products, their development for use by companies of all sizes, and carefully segmented marketing in all of our market areas. Alusta, the unified cloud-based platform for Purchase-to-Pay based on open standards, which we launched in 2012, has been received well by our customers. It will play a key role in reaching our goal of accelerated global growth", says Esa Tihilä, CEO, Basware Corporation. "Ilari Nurmi's years of professional experience and competence in global and international product marketing will support the Executive Team's and the company's aim to increase the visibility and awareness of Basware products in direct sales, online commerce and partner channels all over the world, and significant growth in sales volumes compared to the current situation." For more information, please contact: Esa Tihilä, CEO, Basware Corporation Tel. +358 40 480 7098 Distribution: NASDAQ OMX Helsinki Ltd Key media www.basware.com [HUG#1667973]