EPAM · EPAM Systems, Inc.

EPAM Systems, Inc. (NYSE: EPAM), a leading digital and AI transformation company, today announced that it has entered into an accelerated share repurchase agreement (ASR) with Morgan Stanley & Co. LLC to repurchase an aggregate of $300 million of its common stock. The ASR was authorized under the Company's existing $1.0 billion share repurchase authorization. "Our accelerated repurchase program demonstrates our confidence in EPAM's long-term outlook and our ability to generate sustained growth through our robust engineering foundation and AI-native market leadership," said Balazs Fejes, CEO & President of EPAM. "We believe our current valuation does not fully reflect the strength and future potential of our business and view this action as a value-enhancing use of capital." Under the terms of the ASR, the Company will make a payment of $300 million to Morgan Stanley and receive from Morgan Stanley an initial share delivery of 1,703,336 shares, or $240 million worth based on

EPAM Systems, Inc. (NYSE: EPAM), a leading digital and AI transformation company, today announced results for its fourth quarter and full year ended December 31, 2025. "We are pleased to deliver a strong fourth quarter and full year 2025, notably scaling and accelerating our AI-native revenues. Our 2025 performance reflects our steady execution and meaningful progress in driving business transformation and AI foundational readiness for our clients," said Balazs Fejes, CEO & President, EPAM. "By continuing to invest in AI innovation, talent development and strategic partnerships, we are driving our own transformation, building on top of our core engineering DNA and strengthening our strategic positioning to win in the AI-Native Build era." Fourth Quarter 2025 Highlights Revenues increased to $1.408 billion, a year-over-year increase of $159.2 million, or 12.8%. On an organic constant currency basis, revenues grew 5.6% compared to the fourth quarter of 2024; GAAP

EPAM Systems, Inc . (NYSE: EPAM), a leading digital and AI transformation company, today announced the North American launch of Empathy Lab by EPAM, its AI-native agency designed to help brands build intelligent, human-centered growth systems in an era reshaped by AI. As AI continues to transform how consumers discover, evaluate and buy, CMOs are under growing pressure to move beyond incremental automation and rethink how creativity, data and technology work together. Empathy Lab helps marketing and digital leaders orchestrate these as one connected system – enabling brands to protect differentiation, grow demand and build lasting customer relationships and scale. The North America launch builds on a strong inaugural year in Europe, where Empathy Lab has partnered with global brands as well as with the world's leading agency groups. These organizations are seeking a new type of partner capable of designing and building agentic platforms that support next-generation marketing

EPAM Systems, Inc. (NYSE: EPAM), a leading digital transformation services and product engineering company, will host a conference call at 8:00 a.m. ET, on Thursday, February 19, 2026, to discuss its fourth quarter and full year 2025 financial results. A news release containing these results will be issued before the call. The conference call will be live on the EPAM website at https://investors.epam.com . Please visit the website at least 15 minutes before the call to register for the event. For those who cannot attend the live webcast, a replay will be available in the Investor Relations section of the website. About EPAM Systems Since 1993, EPAM Systems, Inc. has used its software engineering expertise to become a leading global provider of digital engineering, cloud and AI-enabled transformation services, and a leading business and experience consulting partner for global enterprises and ambitious startups. We address our clients' transformation challenges by focusing EPAM

EPAM Systems, Inc. (NYSE: EPAM), a leading digital and AI transformation company, will host an Investor Day in Boston on March 12, 2026. The event will feature remarks by EPAM's Chief Executive Officer and President, Balazs Fejes , and Chief Financial Officer, Jason Peterson , as well as other members of the executive leadership team. "Our Investor Day is an opportunity to demonstrate the solid progress we've made against our long-term strategic priorities and to outline how we are positioning EPAM for sustained growth through 2026 and beyond," said Balazs Fejes, CEO and President of EPAM. "As our clients enter the next wave of business transformation, our differentiated capabilities, deep client partnerships and AI-Native engineering expertise uniquely position us to create measurable value while driving durable, faster growth for our shareholders." Participants will also hear from EPAM clients and partners about EPAM's unique capabilities in supporting AI and digital transformation,

EPAM Systems, Inc. (NYSE: EPAM) , a leading digital and AI transformation services company, today announced a strategic partnership with Cursor, a leading AI-powered development platform, to accelerate enterprise adoption of generative AI engineering for clients. By combining EPAM's proven expertise in large-scale technology implementation with Cursor's demonstrated success in AI-Native coding solutions, the partnership enables organizations to adopt AI-Native workflows that streamline engineering, reduce time-to-value and deliver measurable business outcomes. Together, EPAM and Cursor are equipping clients to accelerate progress, empower developers and maintain a competitive edge. Combined with EPAM's 50,000+ engineering professionals globally, team-level maturity models, reference rulesets, curated context, training and productivity measurement, this partnership provides a comprehensive solution to accelerate clients' transformation into AI-Native technology organizations.