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Regulatory press release

TIETO: Tietoevry's Board of Directors resolved on incentive plans for key employees

Tieto
Tietoevry Corporation                 STOCK EXCHANGE RELEASE               15
February 2023, 1:00 p.m. EET

Tietoevry's Board of Directors has approved two new share-based incentive plans
for key employees of Tietoevry and its subsidiaries, a Performance Share Plan
2023-2025 and a Restricted Share Plan 2023-2025. The aim of the plans is to
align the objectives of shareholders and key employees in order to increase the
value of the company in the long term. Tietoevry will nominate approximately 600
key employees, including the members of the company's Group Executive
Management, to the plans.

The potential rewards from these new incentive plans will be paid partly in the
company's shares and partly in cash in 2026. The cash proportion is intended to
cover taxes and statutory social security contributions arising from the reward.
As a rule, no reward will be paid, if a participantŽs employment or director
agreement terminates before the reward payment. The Board of Directors
anticipates that share rewards to be delivered to the participants under the
plan will consist of shares to be acquired from the market. Thus, no new shares
will be issued in connection with the plan and therefore the incentive plan will
have no dilutive effect.

Performance Share Plan 2023-2025

The potential reward from the Performance Share Plan 2023-2025 will be based on
Relative Total Shareholder Return of Tietoevry share (TSR) with 80% weight and
on Environmental, Social and Governance (ESG) targets achievement with 20%
weight (gender diversity and CO2 reduction). Performance will be measured
during 2023-2025. The rewards to be paid on the basis of the Performance Share
Plan 2023-2025 correspond to the value of an approximate maximum of 1 080 000
Tietoevry shares, including the proportion to be paid in cash.

Restricted Share Plan 2023-2025

The reward from the Restricted Share Plan 2023-2025 will be based on a valid
employment or director agreement of a key employee upon the reward payment. The
reward will be paid after the end of a three-year vesting period 2023-2025. The
rewards to be paid on the basis of the Restricted Share Plan 2023-2025
correspond to the value of an approximate maximum of 120 000 Tietoevry shares,
including the proportion to be paid in cash.

For further information, please contact

Petri Sallinen, Head of Compensation & Benefits, tel. +358 50 458 1612,
petri.sallinen (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 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 (https://www.tietoevry.com/en/)
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