Basware Corporation’s CFO changes

Basware Corporation, stock exchange release, April 30, 2019 at 8.40 am EEST

Basware’s CFO Niclas Rosenlew, has informed that he will resign from Basware in order to take up a new role outside of Basware. Niclas will continue at the company during May 2019.

Basware’s Board of Directors has appointed Tuija Mäntyniemi, VP, Group Controlling as interim CFO as of May 10, 2019. Tuija will report directly to interim CEO Klaus Andersen. Basware will initiate a process to search for a new CFO.

Klaus Andersen, interim CEO: “I want to thank Niclas for his invaluable contribution to Basware as CFO and wish him all the best in his new responsibilities. Niclas has been a key contributor to transforming our business. His professionalism and insight will be missed.”

“Basware is a leading company in a growing and exciting technology industry. We have transformed Basware to a true cloud company serving customers globally. I want to thank the very talented Basware team, customers, investors and partners and wish Basware all the success in the future” said Niclas Rosenlew, CFO.

For more information, please contact:
Ben Selby, VP IR & Treasury, Basware Corporation
Tel. +358 50 305 8077, ben.selby@basware.com

Distribution:
Nasdaq Helsinki
Main media
investors.basware.com/en

About Basware:
Basware (Nasdaq: BAS1V) is the global leader in providing networked source-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.

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