Basware Corporation's Board of Directors elected by the Annual General Meeting held on June 4, 2020 has in its organizing meeting elected Michael Ingelög as the Chairman and Ilkka Sihvo as the Vice Chairman of the Board of Directors. Minna Smedsten was elected as the Chairperson of the Audit Committee and Asko Schrey and Michael Ingelög as its members. Ilkka Sihvo was elected as the Chairman of the Remuneration Committee and Daryl Rolley and Michael Ingelög as its members.