Basware Oyj — Board/Management Information 2021

Aug 24, 2021

Alwin Schauer appointed as Chief Revenue Officer of Basware

Alwin Schauer appointed as Chief Revenue Officer of Basware

Basware Corporation, stock exchange release, 24 August 2021 at 09:00 a.m. EEST

Alwin Schauer has been appointed as the Chief Revenue Officer of Basware and
member of the Executive Team. Mr. Schauer will report to Klaus Andersen, Chief
Executive Officer of Basware. Klaus Andersen continues as the company’s interim
CRO until Mr. Schauer starts in his position on 1[st ]of September 2021.

“I am really excited to join Basware, a pure cloud business company. My aim is
to continue the work together with Basware’s employees and take the sustainable,
profitable growth to the next level. Basware is a truly international company
with remarkable potential in one of the fastest growing software markets,” says
Alwin Schauer, the new CRO of Basware.

Alwin Schauer joins Basware from Software AG, an enterprise software company
listed on the Frankfurt Stock Exchange. He currently serves as Chairman of the
Management Board and Senior Vice President of Germany, Austria and Switzerland
responsible for Go-To-Market in DACH at Software AG. Prior to joining Software
AG, Mr. Schauer spent more than seven years with Salesforce in EMEA wide sales
roles.

"I am very pleased to announce Alwin as our new CRO and member of the Basware
Executive Team. During his career Alwin has demonstrated a strong track record
delivering accelerated growth in Cloud Sales and successful leadership of large
international sales organizations. Alwin will be leading our global Go-To-Market
organization towards accelerated growth and increased operational efficiency in
line with our strategy of sustainable growth and profitability,” comments Klaus
Andersen, CEO of Basware Corporation.

For more information, please contact:

Klaus Andersen, CEO, Basware Corporation
Tel. +45 40761846, klaus.andersen@basware.com

Distribution:
Nasdaq Helsinki
Main media
investors.basware.com/en

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 organizations with 100% spend visibility by
enabling the capture of all financial data across procurement, finance, accounts
payable and accounts receivable functions. Basware´s solutions play an important
role in transitioning to a lower-carbon economy by enabling the digitalization
and automation of Purchase-to-Pay enterprise processes that rely on paper.
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
https://investors.basware.com/en.