Basware Corporation, stock exchange release June 24, 2020 at 3:30 pm EEST Basware Oyj - Managers' Transactions ____________________________________________ Person subject to the notification requirement Name: Klaus Andersen Position: Chief Executive Officer Issuer: Basware Oyj LEI: 743700ULKFAAEA2N3D13 Notification type: INITIAL NOTIFICATION Reference number: 743700ULKFAAEA2N3D13_20200618121510_3 ____________________________________________ Transaction date: 2020-06-23 Venue: NASDAQ HELSINKI LTD (XHEL) Instrument type: SHARE ISIN: FI0009008403 Nature of the transaction: RECEIPT OF A SHARE-BASED INCENTIVE OR REMUNERATION Transaction details (1): Volume: 177 Unit price: 0 EUR Aggregated transactions (1): Volume: 177 Volume weighted average price: 0 EUR For more information, please contact: Ben Selby, VP Investor Relations and Treasury, Basware Corporation Tel. +358 50 305 8077, ben.selby@basware.com Distribution: Nasdaq Helsinki 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 https://investors.basware.com/en