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Avast suspends all operations in Russia

11th Mar 2022 07:00

RNS Number : 4237E
Avast PLC
11 March 2022
 

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Avast announces that, with immediate effect, it has withdrawn the availability of all its products from Russia and Belarus and suspended all marketing and sales operations in these countries.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

 

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