Basware Oyj

Major Shareholding Notification • Dec 8, 2016

Disclosure 347465

BasWare - Major shareholder announcements

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

Basware Corporation, stock exchange release, December 8, 2016 at 16:30 Flagging notification in accordance with Chapter 9 Section 10 of the Finnish Securities Markets Act Notice pursuant to the Finnish Securities Market Act (Section 9:5): The total number of shares represented by Ameriprise Financial, Inc. and its funds has decreased below 5 % of Basware Corporation's share capital and voting rights on December 7, 2016. This notification has been given to Basware Corporation's information on December 8, 2016. The holding of Ameriprise Financial, Inc. and its funds after the disclosure: +--------------------------------+----------------+--------------+-------------+ |Shares (trading code, ISIN code)|Number of shares|Percent (%) of| Percent (%) | |BAS1V | |share capital |voting rights| |ISIN: FI0009008403 | | | | +--------------------------------+----------------+--------------+-------------+ |Ameriprise Financial, Inc. | 712,474 | 4,95 % | 4,95 % | |Ameriprise International | | | | |Holdings GmbH | | | | |Threadneedle Asset Management | | | | |Holdings Sàrl | | | | |Threadneedle Holdings Limited | | | | |TAM UK Holdings Limited | | | | |Threadneedle Asset Management | | | | |Holdings Limited | | | | |TC Financing Limited | | | | |Threadneedle Asset Management | | | | |Limited | | | | +--------------------------------+----------------+--------------+-------------+ |Total | 712,474 | 4,95 % | 4,95 % | +--------------------------------+----------------+--------------+-------------+ The share capital of Basware Corporation is 14,401,936. The company has one share series, each share entitling to one vote. For more information, please contact: Sirje Ahvenlampi-Hyvönen, Communications Director, Basware Corporation Tel. +358 50 557 3822, sirje.ahvenlampi@basware.com Distribution: Nasdaq Helsinki Key media www.basware.com/investors []