BasWare - Changes board/management/auditors

Changes in Basware's Executive Team

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

Changes in Basware's Executive Team

On November 2, 2016, Riku Roos has stepped down from his position on the Basware
Executive Team as the head of Customer Care and will pursue opportunities
outside the company.

Executive Team member and Senior Vice President, Professional Services Matti
Rusi will take responsibility of the Customer Care function. Rusi reports to
Vesa Tykkyläinen, CEO, Basware Corporation.

Basware is now planning to introduce a new single delivery function, Customer
Services, that will manage post-sales customer facing activities, combining
Basware's professional services, customer support and activation services
globally.

"Cloud revenue growth is the key focus for Basware. To support this, we need to
evaluate our ways of working and operations in relation to our strategy, and
where we can further improve our customers' success by increasing customer
satisfaction and experience. I wish to thank Riku for his committed work and
contribution to the company and wish him all the best for the future", 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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