Tietoevry Corporation     STOCK EXCHANGE RELEASE     6 May 2025    9:00 a.m. EEST

Mario Blazevic has been appointed as interim Managing Director of Tietoevry Banking effective 6 May 2025. Mr. Blazevic will succeed Endre Rangnes who was appointed as interim CEO of Tietoevry effective 5 May 2025.

Mr. Blazevic (born 1975) has been working at Tietoevry since 2010, most recently as the Head of Cards and Transaction Banking at Tietoevry Banking. Previously, he held several senior leadership positions in Cards at Tietoevry and EVRY. Mr. Blazevic is a Norwegian citizen.

"Tietoevry Banking has undergone numerous transformations in recent years. This journey has involved several pivotal moments, the most significant being a strategic review that led to the decision to retain Tietoevry Banking as a specialized business within Tietoevry. These changes have presented considerable challenges to our organization and have, at times, impeded our work with clients and strategic focus. Over the past eight months, we have undertaken systematic efforts to rebuild customer trust and to restore the focus of the organization. The business now has a clear strategic direction. Mr. Blazevic's impressive track record and solid experience enable us to further advance our market- and client-centric focus and speed up the execution of our international go-to-market strategy", comments Endre Rangnes, Tietoevry's interim CEO.

"I am excited to resume the Interim Managing Director role at Tietoevry Banking. Under the energizing leadership of Endre, we have built a strong momentum for Tietoevry Banking in the market and among our customers, as evidenced also by the significant recent growth in our order backlog. My appointment will reinforce the execution of our strategy, through which we aim to unlock further potential and create value. I look very much forward to continuing to work with Endre, albeit in slightly new roles", says Mario Blazevic.

Tietoevry Banking provides Software-as-a-Service solutions for banks and financial institutions and aims to become a leading international fintech software player.

As interim Managing Director, Tietoevry Banking, Mr. Blazevic will report to Tietoevry interim CEO Endre Rangnes and be a member of the Group Executive Management team.

For further information, please contact

Tommi Järvenpää, Head of Investor Relations, tel. +358 40 576 0288, tommi.jarvenpaa (at) tietoevry.com

Tietoevry Communications, tel. +358 40 5704072, news (at) tietoevry.com

Tietoevry Corporation

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Oslo Børs

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Tietoevry is a leading software and digital engineering services company with global market reach and capabilities. We provide customers across different industries with mission-critical solutions through our specialized software businesses* Tietoevry Care, Tietoevry Banking and Tietoevry Industry, as well as our digital engineering business Tietoevry Create. Our 16 000* talented vertical software, design, cloud and AI experts are dedicated to empowering our customers to succeed and innovate with latest technology.

Tietoevry's annual revenue for the continuing businesses* is approximately EUR 2 billion. The company's shares are listed on the NASDAQ exchange in Helsinki and Stockholm, as well as on Oslo Børs. www.tietoevry.com

* Tietoevry Tech Services is excluded due to the divestment signed in March 2025. The transaction is expected to close during Q3 2025.