Tietoevry appoints Cosimo De Carlo as Managing Director, Tietoevry Create

13 May 2024 12:00 CEST

Tietoevry Corporation  STOCK EXCHANGE RELEASE13 May 20241:00 p.m. EEST

Tietoevry Create, the digital engineering arm of Tietoevry, provides business
advisory and design, data engineering and specialized software R&D services
globally across a range of industry sectors. The business employs nearly 10 000
professionals worldwide.

Cosimo De Carlo is appointed as Managing Director of Tietoevry Create effective
1 September 2024. Cosimo has over 20 years of experience in the engineering
services industry, most recently starting from year 2018 as the CEO of EDAG
Group, the largest independent engineering services provider to the automotive
sector operating globally. Prior to EDAG Cosimo had a leadership position with
Altran (today Capgemini Engineering) as Group Vice President Automotive with
responsibility for leading the Automotive vertical globally alongside regional
responsibility for Germany, Austria and the Czech Republic. Cosimo has further
led several key acquisitions and worked with clients worldwide across many
industries like Automotive and Aerospace. Cosimo holds master's degrees in
computer science engineering and business engineering.

"I am very excited to embark on this new chapter in Tietoevry Create. Already
today the business operates globally and comprises a strong customer base
combined with a unique combination of skills and capabilities. The business has
the ambition of becoming a global leader in digital engineering, which I find
highly motivating. I truly look forward to working towards this ambition
together with the global Create team and its customers and partners," comments
Cosimo De Carlo.

"I warmly welcome Cosimo De Carlo to Tietoevry, to steer our Create business
towards its ambition of global leadership in digital engineering. Cosimo brings
with him over two decades of relevant international business experience, visible
in tangible strategic and commercial achievements. During his career, Cosimo has
also demonstrated the ability in leading and building successful businesses and
organisations worldwide. I wish Cosimo and everyone in Create the best of
success," comments Kimmo Alkio, Tietoevry CEO.

As Managing Director, Tietoevry Create, Cosimo De Carlo will report to
Tietoevry's CEO Kimmo Alkio and be a member of the Group Executive Management
team. Cosimo is based in Munich, Germany. Harri Salomaa will continue as the
acting Managing Director of Tietoevry Create until Cosimo enters his position.

For further information, please contact
Tommi Järvenpää, Head of Investor Relations, tel. +358 40576 0288,
tommi.jarvenpaa (at) tietoevry.com
Tietoevry Communications, tel. +358 40 5704072, news (at) tietoevry.com

Tietoevry Corporation

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Principal Media

Tietoevry creates purposeful technology that reinvents the world for good. We
are a leading technology company with a strong Nordic heritage and global
capabilities. Based on our core values of openness, trust and diversity, we work
with our customers to develop digital futures where businesses, societies, and
humanity thrive.

Our 24 000 experts globally specialize in cloud, data, and software, serving
thousands of enterprise and public-sector customers in more than 90 countries.
Tietoevry's annual turnover is approximately EUR 3 billion and the company's
shares are listed on the NASDAQ exchange in Helsinki and Stockholm, as well as
on Oslo Børs. www.tietoevry.com

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