EPAM Systems Inc
For the period ended May 22, 2025. Filed Apr 9, 2025.
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May 22, 2025 · Filed Apr 9, 2025
Contents
Sustainability Commitment
The Nominating and Corporate Governance Committee oversees EPAM's ongoing commitment to integrating ethical and positive environmental, social, and governance practices into our overall sustainability strategy. The Nominating and Corporate Governance Committee engages with and refers matters falling under the sustainability umbrella to other committees for their consideration. The Board is regularly involved in assessing the progress and effectiveness of individual components within our sustainability program—such as corporate social responsibility, human capital, ethics and governance, environmental footprint, data privacy, cybersecurity and information security, and supplier sustainability. Our approach to addressing material sustainability topics is key to our continual growth as a business, driving value for our employees, clients, business partners, stockholders, and the broader community.
One important way EPAM demonstrates the principles of our Code of Ethical Conduct and core values is through our commitment to making a positive impact in the communities where we operate. Through our focused efforts in the following areas—our Sustainability Pillars—we leverage the expertise and capabilities of our highly skilled global workforce to effectively address the needs of both the world at large and the communities in which we live and work.
Sustainability Pillars
Education & Digital Literacy
The EPAM E-KIDS® program has now expanded to 25 countries, where our employees volunteer to teach elementary school-aged children—regardless of gender, race, or ethnic identity—STEM concepts and introductory coding skills. We have also launched the E-Seniors program to help older adults improve their digital literacy and confidently navigate modern technology.
Environmental & Sustainable Practices
Our Science Based Targets (SBTi) have been verified, and we have submitted our long-term Net-Zero targets for independent review, reaffirming our commitment to a sustainable future. EPAM has also expanded its Supplier Code of Conduct program to incorporate comprehensive sustainability assessments for our suppliers, ensuring that our partners align with our environmental and ethical standards.
Community Support & Disaster Response
At EPAM, we deliver robust programs for immediate disaster relief and long-term recovery. Our teams have responded to severe flooding in multiple countries—including Austria, Czech Republic, Germany, Hungary, Poland, Romania, Slovakia, and India—with
ongoing efforts across affected regions. Since 2022, we’ve steadily expanded our support for Ukraine by delivering essential supplies to meet evolving needs.
Inclusive Culture & Community
At EPAM, our guiding principle is to “Respect, Value and Support People.” These tenets were fundamental when we were founded and continue to be as critical as ever. We are fortunate to grow our Company with people from different geographies and cultures, with distinct perspectives, opinions, and backgrounds, and above all, exceptional capabilities. EPAMers respect and support each other as colleagues, build productive relationships with our clients, listen to and learn from each other and foster a culture and work environment that is inclusive and supportive. We also partner with our employee groups and external organizations to provide education and support to disadvantaged communities around the globe. In addition, we remain, as always, committed to treating people fairly and in compliance with all applicable laws.
Recognition & Impact
Our comprehensive social impact initiatives have earned public recognition and awards in multiple countries. Our programs—from digital solutions for nonprofits and educational initiatives to efforts that build a culture of respect and collaboration at work—underscore our commitment to driving sustainable change and making a meaningful difference in the communities we serve.
27 | 2025 Proxy Statement
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