Change in Board of Directors of Basware

Basware Corporation, stock exchange release, November 12, 2019 at 11:30 am EET

Mr. David Bateman, member of the Board since 2016 and chairman of the Audit committee, has resigned from the Board of Directors of Basware as of November 11, 2019, due to commitments to Arrowgrass Capital Partners.

“We wish to thank David Bateman for his contribution to Basware”, said Ilkka Sihvo, Chairman of the Board of Directors.

After the change, the Board of Directors of Basware has four members. The Board of Directors will nominate and announce the new chairman of the Audit committee at a later date.

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 offers the largest open business network in the world and is the global leader in providing networked purchase-to-pay solutions and e-invoicing services. Our technology empowers organisations with 100% spend visibility by enabling the capture of all financial data across procurement, finance, accounts payable and accounts receivable functions. Basware is a global company doing business in more than 100 countries and is traded on the Helsinki exchange (BAS1V: HE). Find out more at http://investors.basware.com/en.