BasWare - Changes in company's own shares

Basware share-based incentive plans 2012-2015 and 2015-2017 - directed share issue

Basware Corporation, stock exchange release, January 16, 2017 at 18:00

Basware share-based incentive plans 2012-2015 and 2015-2017 - directed share
issue

The Board of Directors of Basware decided on June 17, 2016 on a directed share
issue related to the reward payment for Basware's share-based incentive plan for
2015-2017, and on November 7, 2016 for the share-based incentive plan for key
personnel for 2012-2015 for the earning period 2014.

In the share issue, 11,831 shares held by the company have been conveyed without
consideration to the key employees participating in the above mentioned plans in
accordance with the terms and conditions of the plans. More detailed information
about the launch and the terms and conditions of the plans is available in stock
exchange releases published on February 17, 2012, February 15, 2013 and March
24, 2015.

The decision on the directed share issue is based on the authorization granted
to the Board of Directors by the Annual General Meeting of Shareholders held on
March 15, 2016.

After the share delivery, the company holds a total of 46,792 own shares. The
share delivery will be executed by using already existing shares and the plans,
therefore, have no dilutive effect.

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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