BasWare - Changes board/management/auditors

Tehseen Dahya appointed as Senior Vice President, North America and a member of Executive Team at Basware

Basware Corporation, stock exchange release, November 2, 2016 at 10:00

Tehseen Dahya appointed as Senior Vice President, North America and a member of
Executive Team at Basware

Tehseen Dahya has been appointed as Senior Vice President, North America and as
a member of the Executive Team at Basware. He reports to Vesa Tykkyläinen, CEO,
Basware Corporation.

Dahya will provide further leadership and strategic and operational direction to
support the company's accelerated growth plans throughout North America, which
is one of Basware's key markets. He has spent almost two decades working in the
supply chain and purchase-to-pay arenas. Prior to Basware, Dahya was the co-
founder and CEO of Verian, a leading cloud-based solution provider that Basware
acquired in April 2016. Prior to his appointment as Senior Vice President, North
America, Dahya was Basware's General Manager for North America.

"Cloud revenue growth is Basware's number one priority and North America is one
of our key markets where we see the greatest potential for the growth of
networked purchase-to-pay. The appointment of Tehseen to Basware's Executive
Team and the creation of an SVP role for North America reflects the importance
that we attribute to this market. Tehseen's expertise and in-depth insight into
the purchase-to-pay market, and e-procurement in particular, will be invaluable
as we expand Basware's market position in the US", 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:
Sirje Ahvenlampi-Hyvönen, Communications Director, Basware Corporation
Tel. +358 50 557 3822, sirje.ahvenlampi@basware.com

Distribution:
Nasdaq Helsinki
Main 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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