BasWare - Changes board/management/auditors

Eric Wilson appointed as head of Basware’s North American operations

Basware Corporation, stock exchange release, January 4, 2018 at 5:00pm
Eric Wilson appointed as head of Basware’s North American operations

Eric Wilson has been appointed as Senior Vice President, North America and as a
member of the Executive Team at Basware as of today, January 4, 2018. Wilson
will report to Vesa Tykkyläinen, CEO, Basware Corporation.

Wilson is currently Vice President, Purchase-to-Pay, North America and APAC at
Basware. Wilson has over 20 years of experience in the Source-to-Pay business,
in particular in North America, and is recognised as a thought leader in the
space. Wilson joined Basware in 2016, when Basware acquired Verian Technologies
LLC in the United States.

Tehseen Dahya, current SVP of North America, will become executive advisor to
Basware with particular focus on executing the company’s longer-term strategy as
well as North America business development.

“We are extremely excited about Eric taking the helm in North America. Eric is a
true industry guru and visionary and an excellent addition to our Executive
Team. I would like to thank Tehseen Dahya for his significant contribution to
Basware and look forward to working with him in his new position”, says Vesa
Tykkyläinen, CEO, Basware Corporation.

For more information, please contact:
Investor enquiries:
Ben Selby, Head of Investor Relations, Basware Corporation
tel. +358 50 305 8077, ben.selby@basware.com

Media enquiries:
Jukka Jänönen, Communications Director, Basware Corporation
tel. +358 400 127 147, jukka.jänönen@basware.com

Distribution:
Nasdaq Helsinki

Key media
www.basware.com/investors

About Basware:
Basware (http://www.basware.com/) (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
http://investors.basware.com/en.
Follow Basware on Twitter: @Basware (https://twitter.com/basware), join the
discussion on the Basware LinkedIn (http://www.linkedin.com/company/basware),
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Blog (http://www.basware.com/blog).