Change in Board of Directors of Basware

Basware Corporation, stock exchange release, August 22, 2019 at 8:45 am EEST

Mrs. Tuija Soanjärvi, member of the Board since 2013 and chairman of the Audit committee, has decided to reduce her board memberships due to personal reasons and has resigned from the Board of Directors of Basware as of August 21, 2019.

“We wish to thank Tuija Soanjärvi for her strong and successful contribution to developing Basware into a world leading company in its field”, said Ilkka Sihvo, Chairman of the Board of Directors.

After the change, the Board of Directors of Basware has five members. David Bateman, member of the Board, has been appointed as the new chairman of the Audit committee.

BASWARE CORPORATION

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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