Tietoevry appoints Endre Rangnes as Managing Director of Tietoevry Banking - he resigns from the Board of Directors upon the appointment

03 Sep 2024 09:00 CEST

Tietoevry Corporation        STOCK EXCHANGE RELEASE        3 September 2024
10:00 a.m. EEST

Klaus Andersen, who has served as the CEO of Tietoevry Banking since February
2023, has concluded to pursue opportunities outside of Tietoevry. Following
this, Endre Rangnes is appointed as the Managing Director of Tietoevry Banking
effective today 3 September 2024. Endre Rangnes has been a long-term member of
Tietoevry's Board of Directors and he resigns from the Board member position
upon this appointment.

Endre Rangnes brings with him over two decades of experience from the technology
sector, specifically from fintech businesses, including various CEO positions.
Owing to his long contribution in the Tietoevry Board, Endre Rangnes has gained
extensive insights into the company and the Banking business, enabling him to
enter the position efficiently.

"Through the experiences and perspectives gained over the years in the industry,
I see Tietoevry Banking being at an exciting stage of realizing its full value
potential. I very much look forward to continuing to develop the business and
accelerate its performance together with the Tietoevry Banking team. I also look
forward to close collaboration with our customers in the Nordics and
internationally", comments Endre Rangnes.

"Aligned with Tietoevry's strategy, Tietoevry Banking has advanced in its
specialization and related end-to-end operations - and continues to actively
drive its agenda to become a leading international fintech software player. For
the progress made to date, I sincerely thank Klaus Andersen for his contribution
over the past 1,5 years. I welcome Endre Rangnes with his strong experience in
international fintech and strategic business leadership to further boost
Tietoevry Banking's journey towards its ambition", comments Kimmo Alkio, CEO of
Tietoevry.

As Managing Director, Tietoevry Banking, Endre Rangnes will become a member of
the Group Executive Management team, reporting to CEO Kimmo Alkio.

The Board of Directors of Tietoevry Corporation will continue with eight members
elected by the Annual General Meeting and two Board members representing
personnel.

Tietoevry Banking provides Software-as-a-Service solutions for banks and
financial institutions and aims to become a leading international fintech
software player. Tietoevry Banking continues to operate as a specialized
business within Tietoevry and is well prepared for strategic value creation
opportunities that may arise in the future.

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

DISTRIBUTION

NASDAQ Helsinki

NASDAQ Stockholm

Oslo Børs

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 around 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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