Changes in Basware Corporation’s Executive Team

Basware Corporation, stock exchange release, April 30, 2019 at 08:40 am EEST

Ilari Nurmi, Senior Vice President of Business Development and Alliances has decided to step down from his position as of May 3, 2019 to pursue new opportunities outside of the company.

Paul Taylor, Senior Vice President of Global Sales has been appointed as the Acting Head of the Business Development and Alliances organization.

Klaus Andersen, interim CEO comments: “I want to thank Ilari for his commitment and contribution to Basware over the years. This change is part of the plan to simplify our organizational structures and different options will be explored on how to further align partnering with Global Sales.”

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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