EPAM discloses ~14,000 Ukraine personnel, 13,000 delivery, amid Russian invasion; executing continuity plan

EPAM Systems, Inc.

Russian forces launched military action against Ukraine on Feb 24, 2022; EPAM has ~14,000 personnel in Ukraine (13,000 delivery) plus staff in Russia/Belarus.
Conflict may disrupt service delivery, force work relocation from region, and restrict projects with certain customers.
EPAM is executing its business continuity plan, reallocating work to other geographies within its global footprint.
Prolonged unrest or broad sanctions could have a material adverse effect on operations and business outlook.

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