Proposal by the Shareholders’ Nomination Board of Tieto Corporation to the Annual General Meeting to be convened on 19 March 2015

Tieto Corporation STOCK EXCHANGE RELEASE 22 January 2014 at 15.00 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, Eva Lindqvist, Sari Pajari, Markku Pohjola, Endre Rangnes,
Teuvo Salminen and Jonas Synnergren be re-elected and in addition Lars Wollung
is proposed to be elected as a new Board member. Risto Perttunen has informed
that he is 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.

It was noted that 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.

Lars Wollung (born 1961) is the President and CEO of Intrum Justitia AB,
Europe’s leading credit management services company. Previously, he has acted as
President and CEO of Acando AB, a NASDAQ listed management and IT consultant
company. He has earlier worked as consultant in his own firm and McKinsey &
Company. Lars holds a M.Sc in Economics from Stockholm School of Economics &
Business Administration and a M.Sc. in Engineering from the Royal Institute of
Technology and has conducted further MBA studies at New York University.

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

It was also noted that 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 Marita Ekblom)
are appointed to the Board until the Annual General Meeting 2016.

2 Remuneration of the Board of Directors

The Shareholders’ Nomination Board proposes that the remuneration of the Board
of Directors will be annual fees 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’s shares purchased from the market. The shares
will be purchased within two weeks from the release of the interim report
January 1 - March 31 2015. 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 2014.

The composition of the Shareholders’ Nomination Board having prepared the
proposal for AGM 2015 is the following:

Martin Oliw, Partner, Cevian Capital AB,
Kari Järvinen, Managing Director, Solidium Oy,
Lauri Vaittinen, Chief Securities Officer, Etera Mutual Pension Insurance
Company,
Timo Ritakallio, Deputy CEO, Ilmarinen 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 Nordic IT services company providing full life-cycle
services for both the private and public sectors and product development
services in the field of communications and embedded technologies. The company
has global presence through its product development business and global delivery
centres. Tieto is committed to developing enterprises and society through IT by
realizing new opportunities in customers’ business transformation. At Tieto, we
believe in professional development and results.

Founded 1968, headquartered in Helsinki, Finland and with approximately 14 000
experts, the company operates in over 20 countries with net sales of
approximately EUR 1.6 billion. Tieto’s shares are listed on NASDAQ in Helsinki
and Stockholm. Please visit www.tieto.com for more information.