Basware Oyj — Board/Management Information 2019

Apr 30, 2019

Basware Corporation’s CFO changes

Basware Corporation’s CFO changes

Basware Corporation, stock exchange release, April 30, 2019 at 8.40 am EEST
Basware’s CFO Niclas Rosenlew, has informed that he will resign from Basware in
order to take up a new role outside of Basware. Niclas will continue at the
company during May 2019.

Basware’s Board of Directors has appointed Tuija Mäntyniemi, VP, Group
Controlling as interim CFO as of May 10, 2019. Tuija will report directly to
interim CEO Klaus Andersen. Basware will initiate a process to search for a new
CFO.

Klaus Andersen, interim CEO: “I want to thank Niclas for his invaluable
contribution to Basware as CFO and wish him all the best in his new
responsibilities. Niclas has been a key contributor to transforming our
business. His professionalism and insight will be missed.”

“Basware is a leading company in a growing and exciting technology industry. We
have transformed Basware to a true cloud company serving customers globally. I
want to thank the very talented Basware team, customers, investors and partners
and wish Basware all the success in the future” said Niclas Rosenlew, CFO.
For more information, please contact:
Ben Selby, VP IR & Treasury, Basware Corporation
Tel. +358 50 305 8077, ben.selby@basware.com
Distribution:
Nasdaq Helsinki
Main media
investors.basware.com/en

About Basware:
Basware (http://www.basware.com/) (Nasdaq: BAS1V) is the global leader in
providing networked source-to-pay solutions, e-invoicing and innovative
financing 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
http://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).