EPAM withdraws Q1 and FY 2022 guidance citing Ukraine uncertainties

EPAM Systems, Inc.

Withdrew Q1 and FY 2022 financial outlook due to heightened uncertainties from military actions in Ukraine.
Prioritizing employee safety; proactively relocating staff to lower-risk locations in Ukraine and neighboring countries.
Executing business continuity plans; accelerating hiring in Central/Eastern Europe, Latin America, and India.
Operations continue in 40+ countries; sufficient resources and capital to support ongoing delivery.
No new guidance provided; company evaluates long-term growth opportunities amid crisis.

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