2024-04-25 15:30:00 CEST

2024-04-25 15:30:04 CEST


REGULATED INFORMATION

English
TietoEVRY Oyj - Other information disclosed according to the rules of the Exchange

Obtained noteholder consents in respect of the EUR 300 million notes due 2025 not becoming effective due to the discontinuation of Tietoevry's demerger process


Tietoevry CorporationSTOCK EXCHANGE RELEASE     25 April 2024   4:30 p.m. EEST

Tietoevry announced on 21 March 2024 that it has received the required consents
from the noteholders of its outstanding EUR 300 million senior unsecured notes
due June 2025 in accordance with the terms and conditions set out in the notice
of the noteholders' meeting dated 5 March 2024. Consents were solicited to
enable the separation of Tietoevry's Banking business through a partial
demerger.

The obtained consents and waivers sanctioned by the noteholders in relation to
the proposal and the payment of the fees are conditional on the approval of the
demerger by the extraordinary general meeting of Tietoevry's shareholders before
30 September 2024.

On 25 April 2024, Tietoevry's Board of Directors decided to further develop
Tietoevry Banking as a specialized business within the Group and to discontinue
the demerger process and Tietoevry has concluded that the demerger will not be
presented to be approved by an extraordinary general meeting of shareholders.
Thus, the consents and waivers sanctioned by the noteholders will not become
effective and accordingly, no fees will be paid to noteholders.

For further information, please contact:

Tommi Järvenpää, Head of Investor Relations, tel. +358 40 576 0288,
tommi.jarvenpaa (at) tietoevry.com

Janne Salminen, Group Treasurer, tel. +358 50 359 8521, janne.salminen (at)
tietoevry.com

Tietoevry Corporation

DISTRIBUTION

NASDAQ Helsinki

NASDAQ Stockholm

Oslo Børs

Principal Media

Tietoevrycreates purposeful technology that reinvents the world for good. We are
a leading technology company with a strong Nordic heritage and global
capabilities. Based on our core values of openness, trust and diversity, we work
with our customers to develop digital futures where businesses, societies, and
humanity thrive.

Our 24 000 experts globally specialize in cloud, data, and software, serving
thousands of enterprise and public-sector customers in more than 90 countries.
Tietoevry's annual turnover is approximately EUR 3 billion and the company's
shares are listed on the NASDAQ exchange in Helsinki and Stockholm, as well as
on Oslo Børs.www.tietoevry.com (https://www.tietoevry.com/en/)