BasWare - Major shareholder announcements

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

Basware Corporation, stock exchange release, February 13, 2017 at 14:00

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
increased above 5 % of Basware Corporation's share capital and voting rights on
February 10, 2017. This notification has been given to Basware Corporation's
information on February 13, 2017.

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              |                |              |             |
+--------------------------------+----------------+--------------+-------------+
|Resulting situation on the date |    754,691     |    5.24 %    |   5.24 %    |
|on which threshold was crossed  |                |              |             |
|or reached:                     |                |              |             |
|                                |                |              |             |
|Ameriprise Financial, Inc.      |                |              |             |
|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                         |                |              |             |
+--------------------------------+----------------+--------------+-------------+
|Position of previous            |    712,474     |    4.95 %    |   4.95 %    |
|notification (if applicable):   |                |              |             |
+--------------------------------+----------------+--------------+-------------+

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

About Basware:
Basware (Nasdaq: BAS1V) is the global leader in providing networked purchase-to-
pay solutions, e-invoicing and innovative financing services. Basware's commerce
and financing network connects businesses in over 100 countries and territories
around the globe. As the largest open business network in the world, Basware
provides scale and reach for organizations of all sizes, enabling them to grow
their business and unlock value across their operations by simplifying and
streamlining financial processes. Small and large companies around the world
achieve significant cost savings, more flexible payment terms, greater
efficiencies and closer relationships with their suppliers. Find out more at
www.basware.com/investors.

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