TietoEVRY Corporation STOCK EXCHANGE RELEASE 20 July 20218.00 a.m. EEST Salim Nathoo , a member ofTietoEVRY Corporation's Board of Directors, has announced that he resigns from the Board of Directors as of20 July 2021 . After the merger ofTieto Corporation andEVRY ASA inDecember 2019 ,Apax Partners LLP , acting through Lyngen Holdco S.A.R.L. ("Apax"), became the biggest shareholder ofTietoEVRY . Due to its notable shareholding inTietoEVRY , Apax has had two representatives in the Board of Directors since the merger was completed. According to the governance agreement concerning the nomination of members in the Board of Directors, entered into by and between Apax,Cevian Capital Partners Limited andSolidium Oy , Apax has a right to nominate two Board members as long as Apax's ownership inTietoEVRY exceeds 10% of all outstanding shares. On11 March 2021 , Apax notified that its shareholding has decreased to 10.63%. Consequently, Apax has considered to balance the composition ofTietoEVRY's Board of Directors andSalim Nathoo has decided to leave his Board member position inTietoEVRY . Apax continues to be represented in the Board of Directors ofTietoEVRY Corporation by Rohan Haldea. The Board of Directors ofTietoEVRY Corporation will continue with ten AGM elected members and four board members representing personnel. For further information please contact:Kjell Arne Hansen , Head of Investor Relations, tel. +47 95040372, kjell.hansen(at)tietoevry.comTietoEVRY Corporation DISTRIBUTION NASDAQHelsinki Oslo Børs Principal Media TietoEVRY creates digital advantage for businesses and society. We are a leading digital services and software company with local presence and global capabilities. Our Nordic values and heritage steer our success. Headquartered inFinland ,TietoEVRY employs around 24 000 experts globally. The company serves thousands of enterprise and public sector customers in more than 90 countries.TietoEVRY's annual turnover is approximatelyEUR 3 billion and its shares are listed on the NASDAQ inHelsinki andStockholm as well as on theOslo Børs. www.tietoevry.com (https://www.tietoevry.com/en/)
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