11th Mar 2022 07:00
11 March 2022
Avast suspends all operations in Russia
Avast announces that, with immediate effect, it has withdrawn the availability of all its products from Russia and Belarus and suspended all marketing and sales operations in these countries.
Avast has employees in both Russia and Ukraine and is actively working to protect and sustain them as a priority. In Ukraine, Avast is maintaining and bolstering its product offerings, giving paying users an extension on their licenses for free. Users of Avast freemium products are also able to get premium products for free. With disinformation rife, supporting Ukrainians' access to a secure, unrestricted internet connection to obtain and share accurate information about the conflict is critically important.
Ukraine, Russia and Belarus collectively contributed around 1.5% of Avast's annual revenue in 2021.
Support for humanitarian efforts
To aid the important relief work that has mobilized over the last two weeks, Avast is donating over $800,000 to humanitarian organizations including People in Need through its employee donation matching program and philanthropic arm, the Avast Foundation. Avast is also working with local charities on the ground to address skills-based volunteering opportunities and help Ukrainian organizations avoid cyber threats or recover from a cyberattack.
ENQUIRIES
Media:
Stephanie Kane, VP PR and Corporate Communications
mediarelations@avast.com
Investors and analysts:
Kalli Bowyer
Anca Timpescu
IR@avast.com
Related Shares:
AVST.L