NCR Statement on Russia

Rhea-AI Summary

NCR Corporation has suspended sales of all products in Russia amid the ongoing military actions in Ukraine. The company expresses its condemnation of the invasion and is providing support to employees and customers in Ukraine. NCR Foundation is donating $200,000 to UNICEF to assist with the refugee crisis, establishing 'Blue Dot' centers for aid at border entry points. Notably, revenue from Russia and Ukraine accounts for approximately 1% of NCR's total revenue.

Positive

• NCR has committed $200,000 to UNICEF for refugee support.
• NCR's revenue exposure in Russia and Ukraine is minimal at around 1%.

Negative

• None.

ATLANTA--(BUSINESS WIRE)-- In light of Russia’s military actions against the people of Ukraine, NCR Corporation (NYSE: NCR) has suspended sales of all products in Russia.

We condemn this unjustified invasion and call for an immediate and peaceful resolution to this humanitarian crisis. In the meantime, given the scale of the emerging refugee crisis, the NCR Foundation is granting $200,000 to UNICEF. The funding is being utilized to stand up and maintain multiple "Blue Dot" centers to help refugees at border entry points to surrounding countries.

As a company, we are committed to the safety of our employees in Ukraine and are in constant contact with our teams to offer support in many forms, including to those in Ukraine who need to evacuate or choose to stay and protect their country from this aggression. We continue to support our customers and partners in Ukraine.

NCR revenue in Russia and Ukraine combined represents approximately 1% of total NCR revenue.

About NCR Corporation

NCR Corporation (NYSE: NCR) is a leading enterprise technology provider that runs stores, restaurants and self-directed banking. NCR is headquartered in Atlanta, Ga., with 38,000 employees globally. NCR is a trademark of NCR Corporation in the United States and other countries.

Web site: www.ncr.com
Twitter: @NCRCorporation
Facebook: www.facebook.com/ncrcorp
LinkedIn: www.linkedin.com/company/ncr-corporation
YouTube: www.youtube.com/user/ncrcorporation

View source version on businesswire.com: https://www.businesswire.com/news/home/20220308006202/en/

NCR Media Contact

Scott Sykes

NCR Corporation

scott.sykes@ncr.com

Source: NCR Corporation

FAQ

When did NCR Corporation suspend sales in Russia?

NCR Corporation suspended sales of all products in Russia in light of the ongoing military actions against Ukraine.

What is the financial impact of suspending sales in Russia for NCR?

NCR's revenue from Russia and Ukraine combined represents approximately 1% of its total revenue, suggesting a minimal financial impact.

How much is NCR donating to UNICEF?

NCR is donating $200,000 to UNICEF to assist in providing support for refugees.

What support is NCR providing to employees in Ukraine?

NCR is in constant contact with employees in Ukraine to offer support, including assistance for those needing to evacuate.