2022-08-09 17:30:00 CEST

2022-08-09 17:30:03 CEST


REGULATED INFORMATION

English
BasWare - Changes board/management/auditors

Organizing meeting of the Board of Directors of Basware Corporation


Basware Corporation, stock exchange release, 9 August 2022 at 6.30 p.m. EEST


Basware Corporation's Board of Directors elected by the Extraordinary General
Meeting held on 9 August 2022 elected Dean Jacobson as the Chairperson and
Maurice Hernandez as the Vice Chairperson of the Board of Directors in its
organizing meeting.

The Board of Directors resolved to disband the Audit Committee and Remuneration
Committee of the Company so that the Board of Directors, in its entirety, shall
assume the tasks of the aforementioned Committees.


BASWARE CORPORATION
Board of Directors


For more information, please contact:
Teemu Ruikka, General Counsel, Basware Corporation
Tel. +358 40 548 9848, teemu.ruikka@basware.com

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

About Basware:
Basware is a leading provider of Networked Procure-to-Pay solutions with the
largest open e-invoicing network in over 180 countries. Our cloud-based
technology enables enterprises to fully manage their spend, mitigate financial
risk and reduce operating costs through automation of finance, procurement,
accounts payable and accounts receivable processes. Our open technology
ecosystem and extensive partner network have helped over 6,500 businesses in 60
countries move towards 100% spend visibility which enables better business
decisions - a concept we call Visible Commerce. Basware's solutions support the
transition to a lower-carbon economy by digitization and automation. Basware is
traded on the Helsinki exchange (BAS1V: HE). Find out more at
https://investors.basware.com/en.