Slide 1: Presentation
Presentation M AY 2 0 2 3 EPAM Proprietary & Confidential.
Slide 2: Forward-looking statements
These materials contain forward-looking statements. You should not place undue reliance on these statements because they are subject to numerous uncertainties and factors relating to the Company’s operations and business environment, all of which are difficult to predict and many of which are beyond
Slide 3: Agenda
01 Who We Are 4 02 The EPAM Story 7 03 Our Positioning 10 04 Market Trends 12 05 Who We Serve 14 06 How We Do It 16 07 Corporate Responsibility & Recognitions 20 08 Investment Highlights 25 EPAM Proprietary & Confidential. 3
Slide 4: Who We Are
01 Who We Are EPAM Proprietary & Confidential. 4
Slide 5: We are consultants, designers, engineers, architects and trainers
We are consultants, designers, engineers, architects and trainers who enable our customers to be competitive and disruptive in the marketplace through innovative technology solutions, while helping them to successfully navigate through multiple waves of technology and social change. We help our cust
Slide 6: EPAM Fast Facts – Q1 2023
EPAM Fast Facts – Q1 2023 REVENUES G A A P D I LU T E D E P S ( Yo Y ) N O N - G A A P D I LU T E D E P S ( Yo Y ) 2022 REVENUES REVENUE GROWTH 5 YEAR (2017-2022) E PA M E R S ENGINEERS, DESIGNERS COUNTRIES & REGIONS FOUNDED IN U . S . H E A D Q UA R T E R E D & C O N S U LTA N T S P U B L I C C O M
Slide 7: The EPAM Story
02 The EPAM Story EPAM Proprietary & Confidential. 7
Slide 8: Growing, Global Presence in more than 50 Countries & Regions
Growing, Global Presence in more than 50 Countries & Regions1 Belgium France Germany Ireland Italy Malta Netherlands Armenia Portugal Georgia Spain Canada Sweden Kazakhstan Switzerland Kyrgyzstan China United Kingdom Uzbekistan Hong Kong SAR United States Japan Israel Mexico United Arab Emirates Leb
Slide 9: Our Positioning
03 Our Positioning EPAM Proprietary & Confidential. 9
Slide 10: The EPAM Advantage - Nearly 30 Years of Software & Digital Platform Expertise
The EPAM Advantage - Nearly 30 Years of Software & Digital Platform Expertise EPAM completes its first In the midst of a historic EPAM extends its EPAM records its first billion- decade having built a global recession, EPAM leadership position into dollar revenue quarter and is EPAM opens for founda
Slide 11: The Enterprise IT Services Market - a $1.8 Trillion+ TAM for 2026
The Enterprise IT Services Market - a $1.8 Trillion+ Total Addressable Market for 20263 EPAM is Positioned in the Most Dynamic Subset of the Consult and Build Services Market, which now Includes Expanded Coverage in Cloud, Consulting and Security “BUILD” “MAINTAIN” Consulting Hardware Support $347B
Slide 12: Market Trends
04 Market Trends EPAM Proprietary & Confidential. 12
Slide 13: The Enterprise Landscape is Increasingly More Competitive, Complex and in Need of Change
The Enterprise Landscape is Increasingly More Competitive, Complex and in Need of Change Market Technology Enterprise • New competitors running on nimble • Mobile devices • Adaptiveness technologies • IoT platforms • Agile IT • The customer-centric experience • Location-detection technologies • Appl
Slide 14: Who We Serve
05 Who We Serve EPAM Proprietary & Confidential. 14
Slide 15: Who We Serve
Who We Serve We serve a diverse and global list of clients across 11 industries, from more than 50 countries. Our clients are some Our Digital Learning Helped Liberty Global Enabled Wolters Kluwer Through its big data, program was deliver a personalized to deliver a better risk platform engineering
Slide 16: How We Do It
06 How We Do It EPAM Proprietary & Confidential. 16
Slide 17: How We Do It
OUR SERVICES How We Do It We enable our clients’ business transformation by engaging multidisciplinary teams who combine deep business expertise with design thinking, world-class engineering, modern operations practices and leading tools and frameworks for optimizing performance. We are Digital Orch
Slide 18: About EPAM Continuum
About EPAM Continuum The integrated business, experience and technology consulting service brand of EPAM Systems, applies a Systems Thinking mindset to help solve our clients’ most complex problems, develop their agility to adapt and empower them to compete. EPAM Proprietary & Confidential. 18
Slide 19: EPAM Continuum
EPAM Continuum We believe the right solutions are the ones that improve people’s lives and fuel competitive advantage. We don’t just create blueprints, operating models and business plans — our thinking lives in code, products and in market. We make it real. We Help Clients Set The Right Direction T
Slide 20: Corporate Responsibility & Recognitions
07 Corporate Responsibility & Recognitions EPAM Proprietary & Confidential. 20
Slide 21: Our approach to corporate responsibility is guided by three principles
Our approach to corporate responsibility is guided by three principles: Operate Ethically Protect the Support Our Global & Environment Local Communities We embody these principles by sharing our creative talents and innovations with the world around us. Our employees are empowered to create a global
Slide 22: Committed to a positive impact on customers, employees and communities
At EPAM, we are committed to having a positive impact on our customers, our employees and our communities E S G Environmental Social Governance Climate Change Human Capital Corporate Governance Environmental Development Policies & Standards Opportunities Health & Safety Labor Management Diversity &
Slide 23: Industry-Leading Recognitions
Industry-Leading Recognitions Ranked the Top 100 Best Place Listed among the Top 25 World’s Named a Top 100 Most Loved to Work Largest Agency Companies by Workplace by Newsweek Ad Age EPAM Continuum recognized by Ranked a Top 15 IT Services Named a 2022 Barron’s Consulting Magazine as a Fastest Comp
Slide 24: Investment Highlights
08 Investment Highlights EPAM Proprietary & Confidential. 24
Slide 25: A History of Strong & Consistent Financial Performance
A History of Strong & Consistent Financial Performance Strong Revenue Growth ($B) Stable Non-GAAP Operating Margins4 Strong Non-GAAP Diluted EPS Growth5 $5.0 19% $11.0 CAGR 3 Year – 28% CAGR $4.0 18% 5 Year – 27% $9.0 3 Year – 26% 5 Year – 26% 17% $3.0 $7.0 16% $2.0 $5.0 15% $1.0 14% $3.0 2017 2018
Slide 26: Investment Highlights
Investment Highlights Market Strong Revenue Stable Strong Cash Flow Positioning Growth & Visibility Profitability & Balance Sheet • Well positioned in a large • Industry leading 3- and 5-Year • Stable operating margins • $603M of cash flow from $700B+ market revenue CAGR of 28% and supporting superi
Slide 27: EPAM Proprietary & Confidential.
EPAM Proprietary & Confidential. 27
Slide 28: Footnotes
1. As of April 2023 2. Forrester Wave™: Digital Platform Engineering Services, Q2 2016 3. Gartner Forecast: IT Services, Worldwide, 2020-2026, Q1 2022 4. Non-GAAP Operating Margin excludes stock-based compensation expenses, acquisition-related costs including amortization of intangible assets, impai