TietoEVRY Oyj - Board/Management Information 2021

Salim Nathoo to resign from TietoEVRY's Board of Directors

TietoEVRY Corporation STOCK EXCHANGE RELEASE 20 July 2021

8.00 a.m. EEST

Salim Nathoo, a member of TietoEVRY Corporation's Board of Directors, has

announced that he resigns from the Board of Directors as of 20 July 2021. After

the merger of Tieto Corporation and EVRY ASA in December 2019, Apax Partners

LLP, acting through Lyngen Holdco S.A.R.L. ("Apax"), became the biggest

shareholder of TietoEVRY. Due to its notable shareholding in TietoEVRY, Apax has

had two representatives in the Board of Directors since the merger was

completed.

According to the governance agreement concerning the nomination of members in

the Board of Directors, entered into by and between Apax, Cevian Capital

Partners Limited and Solidium Oy, Apax has a right to nominate two Board members

as long as Apax's ownership in TietoEVRY exceeds 10% of all outstanding shares.

On 11 March 2021, Apax notified that its shareholding has decreased to 10.63%.

Consequently, Apax has considered to balance the composition of TietoEVRY's

Board of Directors and Salim Nathoo has decided to leave his Board member

position in TietoEVRY. Apax continues to be represented in the Board of

Directors of TietoEVRY Corporation by Rohan Haldea.

The Board of Directors of TietoEVRY Corporation will continue with ten AGM

elected members and four board members representing personnel.

For further information please contact:

Kjell Arne Hansen, Head of Investor Relations, tel. +47 95040372,

kjell.hansen(at)tietoevry.com

TietoEVRY Corporation

DISTRIBUTION

NASDAQ Helsinki

Oslo Børs

Principal Media

TietoEVRY creates digital advantage for businesses and society. We are a leading

digital services and software company with local presence and global

capabilities. Our Nordic values and heritage steer our success.

Headquartered in Finland, TietoEVRY employs around 24 000 experts globally. The

company serves thousands of enterprise and public sector customers in more than

90 countries. TietoEVRY's annual turnover is approximately EUR 3 billion and its

shares are listed on the NASDAQ in Helsinki and Stockholm as well as on the Oslo

Børs. www.tietoevry.com (https://www.tietoevry.com/en/)

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