---
schema_version: "secwatch.filing_event.v1"
accession: "0001352010-22-000017"
form_type: "8-K"
ticker: "EPAM"
cik: "0001352010"
company_name: "EPAM Systems, Inc."
filed_at: "2022-02-25T23:59:59+00:00"
generated_at: "2026-06-27T04:05:48.531398+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001352010-22-000017
- form_type: 8-K
- ticker: EPAM
- cik: 0001352010
- company_name: EPAM Systems, Inc.
- filed_at: 2022-02-25T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1352010/000135201022000017/0001352010-22-000017-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1352010/000135201022000017/epam-20220224.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001352010-22-000017
- JSON: https://secwatch.observer/filing/0001352010-22-000017.json
- Plain text: https://secwatch.observer/filing/0001352010-22-000017.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.