Basware's Board of Directors appointed an Audit Committee

Tuesday, 24 March, 2015
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Basware Corporation, stock exchange release, March 24, 2015 at 08:00

Basware's Board of Directors appointed an Audit Committee

Basware's Board of Directors has decided to appoint an Audit Committee to assist the Board in fulfilling its oversight responsibilities for the financial reporting process, the system of internal control, the audit process, and Basware's process for monitoring compliance with laws and regulations. The Audit Committee works in accordance with its Charter confirmed by the Board of Directors, and the Committee reports to the Board on each meeting.

The Audit Committee consists of two members independent of the company, elected by the Board of Directors from amongst its members. The Board has elected Tuija Soanjärvi as the Chairman and Michael Ingelög as the member of the Committee.

For more information, please contact:

Hannu Vaajoensuu, Chairman of the Board, Basware Corporation
Tel. +358 40 501 8250

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