Basware Oyj — Board/Management Information 2018

Sep 7, 2018

Composition of the Nomination Board of Basware Corporation

Composition of the Nomination Board of Basware Corporation

Basware Corporation, stock exchange release, September 7, 2018 at 11.30am
Composition of the Nomination Board of Basware Corporation

In accordance with the Charter of Basware Corporation’s Nomination Board, as
amended and approved by the company’s Annual General Meeting held on March 16,
2017, the following members have been nominated to the company’s Nomination
Board:

·  Andrew Billett, Arrowgrass Capital Partners LLP
·  Hannu Vaajoensuu
·  Annika Ekman, Ilmarinen Mutual Pension Insurance Company
·  Ilkka Sihvo, Chairman of the Board of Directors of Basware Corporation

The Nomination Board shall elect a chairman from amongst its members.

The Nomination Board consists of four (4) members, three (3) of which are
appointed by the company’s three largest shareholders, who appoint one member
each. The chairman of the company’s Board of Directors serves as the fourth
member. The company’s largest shareholders entitled to appoint members to the
Nomination Board shall be determined annually on the basis of the registered
holdings in the company’s shareholders’ register held by Euroclear Finland Ltd
as of the first weekday in September in the year concerned, or on the basis of
separate shareholding information presented by nominee registered shareholders.

The Nomination Board of Basware Corporation is responsible for preparing and
presenting proposals covering the remuneration and number of members of the
company’s Board of Directors as well as proposal on the members of the Board of
Directors to Annual General Meeting and, where needed, to an Extraordinary
General Meeting. The Nomination Board is also responsible for identifying
successors for existing Board members.

More information on the Nomination Board of Basware Corporation and its Charter
is available on the company’s investor website at investors.basware.com/en.
For more information, please contact:
Ilkka Sihvo, Chairman of the Board, Basware Corporation
Tel. +358 9 8791 7251

Distribution:
Nasdaq Helsinki
Main media
investors.basware.com/en
About Basware:
Basware (https://www.basware.com/en-us/) (Nasdaq: BAS1V) is the global leader in
providing networked source-to-pay solutions, e-invoicing and value added
services. Basware’s commerce and financing network connects businesses in over
100 countries and territories around the globe. As the largest open business
network in the world, Basware provides scale and reach for organizations of all
sizes, enabling them to grow their business and unlock value across their
operations by simplifying and streamlining financial processes. Small and large
companies around the world achieve significant cost savings, more flexible
payment terms, greater efficiencies and closer relationships with their
suppliers. Find out more at https://investors.basware.com/en.

Follow Basware on Twitter: @Basware (https://twitter.com/basware), join the
discussion on the Basware LinkedIn (http://www.linkedin.com/company/basware),
Basware Facebook (http://www.facebook.com/BaswareCorporation) and Basware
Blog (http://www.basware.com/blog).