Wolters Kluwer Tax & Accounting Creates New Software Organization for North America to Be Led by Jason Marx as CEO

NEW YORK–(BUSINESS WIRE)–Wolters
Kluwer Tax & Accounting
, a leading global provider of tax,
accounting and audit software and information solutions, today announced
the formation of a new customer-focused organization for North America.
Jason Marx has been appointed CEO of the new North American unit,
reporting to Karen Abramson, CEO Wolters Kluwer Tax & Accounting.

The new Tax & Accounting North America unit will combine all tax and
accounting software businesses in North America, and will be organized
by customer segment, including Small Firm Professionals, Medium and
Large Firm Professionals, and Corporations. The Canadian operation will
now also report into the new North American business unit.

“This new organization will bring together all of our best-in-class tax,
accounting and audit solutions, enabling us to more clearly focus on the
unique needs of our customers in North America,” said Karen Abramson,
CEO of Wolters Kluwer Tax & Accounting. “As a well-respected leader,
Jason has consistently combined his strong technology background and
deep market understanding to deliver customer-focused innovation. His
strengths are well-suited to a market that is facing increased
complexity, geographic and demographic shifts and an accelerated move to
cloud-based solutions.”

Marx is a seasoned Wolters Kluwer executive most recently holding the
position of President of Tax & Accounting Small Firm Services and
leading Tax & Accounting Brazil where he has driven growth via the
introduction of new revenue models, product innovation and a strong
focus on operational excellence. Before joining Wolters Kluwer Tax &
Accounting, Jason was with Wolters Kluwer Financial & Compliance
Services serving the compliance needs of many of the world’s largest
global finance and banking organizations. Throughout the course of his
25 years of global experience in Financial Services and Tax &
Accounting, he has always maintained a critical customer focus and
understanding of unique segment needs. Jason holds a Bachelor’s Degree
in Economics from the University of Michigan and an MBA from DePaul
University.

About Wolters Kluwer Tax & Accounting

Wolters
Kluwer Tax & Accounting
is a leading provider of software
solutions and local expertise that helps tax, accounting, and audit
professionals research and navigate complex regulations, comply
with legislation, manage their businesses and advise
clients with speed, accuracy and efficiency.

Wolters Kluwer Tax & Accounting is part of Wolters Kluwer (www.wolterskluwer.com),
a market-leading global information services company. Wolters Kluwer had
2014 annual revenues of €3.7 billion ($4.2 billion), employs
approximately 19,000 people worldwide, and maintains operations in over
40 countries across Europe, North America, Asia Pacific, and Latin
America. Wolters Kluwer is headquartered in Alphen aan den Rijn, the
Netherlands. Its shares are listed on NYSE Euronext Amsterdam (WKL), on
Bloomberg (WKL NA) and are included in the AEX and Euronext 100
indices. Wolters Kluwer has a sponsored Level 1 American Depositary
Receipt program. The ADRs are traded on the over-the-counter market in
the U.S. (WTKWY).

Contacts

Wolters Kluwer Tax & Accounting
Media Contacts:
Marisa
Westcott, 212.771.0853
Marisa.Westcott@wolterskluwer.com
or
Laura
Gingiss, 847-267-2213
Laura.Gingiss@wolterskluwer.com
or
Investors/Analysts:
Meg
Geldens, + 31 (0)172 641 407
Investor Relations
ir@wolterskluwer.com