Innofactor Plc — Board/Management Information 2014

Mar 7, 2014

Tiina Pulli appointed Innofactor’s CFO

Tiina Pulli appointed Innofactor’s CFO

Innofactor Plc Stock Exchange Release March 7, 2014, at 14:00 Finnish time

Innofactor's Board of directors has appointed Tiina Pulli as new Chief
Financial Officer (CFO) at Innofactor Plc from May 1, 2014. Pulli will join the
company already earlier to familiarize herself with Innofactor's operations.
Tiina Pulli will be a member of Innofactor Executive Board and report to Sami
Ensio, President and CEO of Innofactor Plc.

Tiina Pulli has versatile experience in finance and control from large Finnish
corporations such as Itella, Elisa, Radiolinja, Fortum and Neste. Most
recently, Pulli was CFO in Itella Oyj and Itella Real Estate Oy. Also, she has
board membership experience from Nesteco-companies and Ecosite Oy. Tiina Pulli
holds a Master's Degree in Economics, and she is born in 1965.

”We got a lot of excellent applications to our CFO role. I am delighted that we
got Tiina Pulli as our new CFO to support strong profitable growth in line with
Innofactor's strategy. Tiina Pulli's diverse experience in the areas of finance
and control, listed companies, international business, M&A and big
transformation projects, is a clear advantage as we continue to expand our
operations,” says Sami Ensio.

”It's very interesting to get the opportunity to build the future in
Innofactor's growing business. I am eagerly looking forward to my new
challenging assignment”, comments Tiina Pulli.

As announced earlier, Innofactor's current CFO Mikko Karvinen will continue in
his role until April 30, 2014, after which Tiina Pulli moves to the role.

Espoo, March 7, 2014

INNOFACTOR PLC

Sami Ensio, CEO

Additional information:

Sami Ensio, CEO

Innofactor Plc

Tel. +358 50 584 2029

Distribution:

NASDAQ OMX Helsinki

Principal media

www.innofactor.com

Innofactor is one of the leading Nordic IT solution providers focused on
Microsoft platforms. Innofactor delivers business critical solutions and
maintenance services as a system integrator and develops its own software
products and services. Innofactor's own product development is focused on
Microsoft's Windows Azure based cloud solutions. Innofactor's customers include
over 1,000 private and public sector organizations in Finland, Denmark, Sweden
and elsewhere in Europe. The company has over 400 motivated and skilled
employees in a number of locations in Finland, Denmark, Sweden and Russia. From
2009 to 2013, Innofactor's annual net sales growth has been 43 percent on
average. Leading Finnish business media Kauppalehti selected Innofactor as the
most successful company on the Finnish stock exchange in 2013. The Innofactor
Plc share is listed in the technology section of the main list of NASDAQ OMX
Helsinki Oy.