Proposal by the Shareholders’ Nomination Board of Tieto Corporation to the Annual General Meeting to be convened on 22 March 2016


Tieto Corporation STOCK EXCHANGE RELEASE 26 January 2016, 10.00 EET
The Shareholders’ Nomination Board of Tieto Corporation proposes to the Annual
General Meeting that the meeting would decide as follows:

1 Number and composition of the Board of Directors

The Shareholders’ Nomination Board proposes to the Annual General Meeting that
the Board of Directors shall have eight members and that the current Board
members Kurt Jofs, Sari Pajari, Markku Pohjola, Endre Rangnes, Jonas Synnergren
and Lars Wollung be re-elected and in addition Johanna Lamminen and Harri-Pekka
Kaukonen are proposed to be elected as new Board members. Eva Lindqvist and
Teuvo Salminen have informed that they are not available for re-election. The
Shareholders’ Nomination Board proposes that Markku Pohjola shall be re-elected
as the Chairman of the Board of Directors.

The term of office of the Board members ends at the close of the next Annual
General Meeting. All the proposed candidates have given their consent to being
elected.

Johanna Lamminen (born 1966) is the Chief Executive Officer of Gasum Oy, a
Finnish company offering natural gas and biogas for energy production, industry,
homes and transport. Previously, she held executive positions in Danske Bank
Oyj, Evli Pankki Oyj and SSH Communications Security Oyj. Johanna has graduated
as LicSc. (Tech.) from Tampere University of Technology and conducted a MBA in
Helsinki University of Technology.

Harri-Pekka Kaukonen (born 1963) is the former President and CEO of Sanoma
Corporation, a European media and learning company. Previously, he has acted in
various positions within Fazer Group, also having served as Fazer’s Deputy CEO.
Prior to that he was a partner and held various other positions at a consultant
company McKinsey. By his education Harri-Pekka is DSc. (Tech.).

The biographical details of the candidates and information on their holdings
shall be available on Tieto’s website at www.tieto.com/cv.

In addition to the above candidates, the company’s personnel shall appoint two
members, each with a personal deputy, to the Board of Directors. The term of
office for the personnel representatives is two years and Esa Koskinen (deputy
Ilpo Waljus) and Anders Palklint (deputy Robert Spinelli) are appointed to the
Board until the Annual General Meeting 2018.

2 Remuneration of the Board of Directors

The Shareholders’ Nomination Board proposes that the remuneration of the Board
of Directors will be annual fees and remain unchanged as follows: EUR 83 000 to
the Chairman, EUR 52 500 to the Deputy Chairman and EUR 34 500 to the ordinary
members of the Board of Directors. The same fee as to the Board Deputy Chairman
will be paid to the Chairman of Board Committee unless the same individual is
also the Chairman or Deputy Chairman of the Board. In addition to these fees it
is proposed that the member of the Board of the Directors be paid a remuneration
of EUR 800 for each Board meeting and for each permanent or temporary committee
meeting. It is the company’s practice not to pay fees to Board members who are
also employees of the Tieto Group.

The Shareholders’ Nomination Board proposes that 40% of the fixed annual
remuneration be paid in Tieto Corporation’s shares purchased from the market.
The shares will be purchased within two weeks from the release of the interim
report 1 January–31 March 2016. According to the proposal, the Annual General
Meeting will resolve to acquire the shares directly on behalf of the members of
the Board which is an approved manner to acquire the company’s shares in
accordance with the applicable insider rules. The Shareholders’ Nomination Board
is of the opinion that increasing long-term shareholding of the Board members
will benefit all the shareholders.

3 Shareholders’ Nomination Board

The Annual General Meeting 2010 of Tieto Corporation decided to establish a
Shareholders’ Nomination Board to prepare proposals for the election and
remuneration of the members of the Board of Directors to the Annual General
Meeting.

The Shareholders' Nomination Board comprises four members nominated by the
largest shareholders and the Chairman of the Board of Directors. The largest
shareholders of the company were determined on the basis of the shareholdings
registered in the Finnish and Swedish book-entry systems on 31 August 2015.

The composition of the Shareholders’ Nomination Board having prepared the
proposal for AGM 2016 is the following:

Martin Oliw, Partner, Cevian Capital AB,
Kari Järvinen, Managing Director, Solidium Oy,
Timo Ritakallio, President and CEO, Ilmarinen Mutual Pension Insurance Company,
Timo Sallinen, Head of Listed Securities, Varma Mutual Pension Insurance
Company, and
Markku Pohjola, Chairman of the Board of Directors, Tieto Corporation.

The Shareholders’ Nomination Board shall report in the Annual General Meeting on
how its work was conducted.

For further information, please contact:
Jouko Lonka, General Counsel, tel. +358 2072 78182, +358 400 424
451, firstname.lastname (at) tieto.com

TIETO CORPORATION

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NASDAQ Stockholm
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Tieto is the largest IT services company in the Nordics providing full lifecycle
IT services. We also provide global product development services for companies
in the communications and embedded technologies arena. Through industry insight,
technology vision, and innovative thinking, Tieto proactively strives to inspire
and engage our customers in finding new ways of accelerating their business.

Building on a strong Nordic heritage, Tieto combines global capabilities with
local presence. Headquartered in Helsinki, Finland, Tieto has over 13 000
experts in more than 20 countries. Turnover is approximately EUR 1.5 billion.
Tieto’s shares are listed on NASDAQ in Helsinki and Stockholm. www.tieto.com