Tietoevry Corporation  STOCK EXCHANGE RELEASE13 May 20241:00 p.m. EEST

Tietoevry Create, the digital engineering arm of Tietoevry, provides business advisory and design, data engineering and specialized software R&D services globally across a range of industry sectors. The business employs nearly 10 000 professionals worldwide.

Cosimo De Carlo is appointed as Managing Director of Tietoevry Create effective 1 September 2024. Cosimo has over 20 years of experience in the engineering services industry, most recently starting from year 2018 as the CEO of EDAG Group, the largest independent engineering services provider to the automotive sector operating globally. Prior to EDAG Cosimo had a leadership position with Altran (today Capgemini Engineering) as Group Vice President Automotive with responsibility for leading the Automotive vertical globally alongside regional responsibility for Germany, Austria and the Czech Republic. Cosimo has further led several key acquisitions and worked with clients worldwide across many industries like Automotive and Aerospace. Cosimo holds master's degrees in computer science engineering and business engineering.

"I am very excited to embark on this new chapter in Tietoevry Create. Already today the business operates globally and comprises a strong customer base combined with a unique combination of skills and capabilities. The business has the ambition of becoming a global leader in digital engineering, which I find highly motivating. I truly look forward to working towards this ambition together with the global Create team and its customers and partners," comments Cosimo De Carlo.

"I warmly welcome Cosimo De Carlo to Tietoevry, to steer our Create business towards its ambition of global leadership in digital engineering. Cosimo brings with him over two decades of relevant international business experience, visible in tangible strategic and commercial achievements. During his career, Cosimo has also demonstrated the ability in leading and building successful businesses and organisations worldwide. I wish Cosimo and everyone in Create the best of success," comments Kimmo Alkio, Tietoevry CEO.

As Managing Director, Tietoevry Create, Cosimo De Carlo will report to Tietoevry's CEO Kimmo Alkio and be a member of the Group Executive Management team. Cosimo is based in Munich, Germany. Harri Salomaa will continue as the acting Managing Director of Tietoevry Create until Cosimo enters his position.

For further information, please contact
Tommi Järvenpää, Head of Investor Relations, tel. +358 40576 0288, tommi.jarvenpaa (at) tietoevry.com
Tietoevry Communications, tel. +358 40 5704072, news (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