BasWare - Changes board/management/auditors

Mikko Pilkama appointed as Basware's head of Network and Financing Services

Basware Corporation, stock exchange release, March 30, 2017 at 09:00

Mikko Pilkama appointed as Basware's head of Network and Financing Services

Mr. Mikko Pilkama has been appointed as Senior Vice President, Network and
Financing Services and as a member of the Executive Team at Basware. He will
join Basware on or before June 5, 2017 and will report to Vesa Tykkyläinen, CEO,
Basware Corporation.

Prior to Basware, Mikko Pilkama was Vice President, Banking Services at CGI. He
has over 20 years of international leadership experience including digital
transformations in technology and financial services businesses as well as wide-
ranging experience in financial management, M&A and partnerships. Prior to CGI,
Mikko Pilkama has held senior executive positions at Nets, Luottokunta and
Nokia.

"We are very excited to welcome Mikko Pilkama to Basware. His experience in the
technology and financial services sector make him uniquely qualified to lead the
Network and Financing Services business area. Mikko will be responsible for
driving the growth of Basware's network as well as the expansion of our value
added services offering, including Basware's financing services, which are key
parts of our strategy", 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
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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