TietoEVRY Corporation Stock Exchange Release20 October 2020 8.00 EET On27 March 2020 ,TietoEVRY withdrew its guidance for 2020 due to uncertainties related to the Covid-19 pandemic. As visibility to the full-year profitability has improved, the company now restores its annual guidance. Full-year outlook for 2020TietoEVRY expects its comparable full-year adjusted[1)] operating profit (EBIT) to increase from the previous year's level (Tieto's andEVRY's adjusted operating profit combined amounted to a total ofEUR 341.7 million in 2019). [1)] Adjusted for amortization of acquisition-related intangible assets, restructuring costs, capital gains/losses, goodwill impairment charges and other items affecting comparability The company will publish its third-quarter results on27 October 2020 . For further information, please contact:Kjell Arne Hansen , Head of Investor Relations, tel. +47 9504 0372, kjell.hansen (at) tietoevry.comTietoEVRY Corporation DISTRIBUTION NASDAQHelsinki Oslo Børs Principal Media TietoEVRY creates digital advantage for businesses and society. We are a leading digital services and software company with local presence and global capabilities. Our Nordic values and heritage steer our success. Headquartered inFinland ,TietoEVRY employs around 24 000 experts globally. The company serves thousands of enterprise and public sector customers in more than 90 countries.TietoEVRY's annual turnover is approximatelyEUR 3 billion and its shares are listed on the NASDAQ inHelsinki andStockholm as well as on theOslo Børs. www.tietoevry.com (https://www.tietoevry.com/en/)
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