Garmin announces corporate matching program for Ukrainian aid
OLATHE, Kan./March 17, 2022— Garmin® International, Inc., a unit of Garmin Ltd. (NYSE: GRMN), today issued the following statement:
Our heartfelt thoughts are with the people of Ukraine who have been displaced and are suffering as a result of Russia’s unprovoked invasion of Ukraine. To help provide urgently needed humanitarian relief for refugees, Garmin is proud to partner with the United Way to support the United for Ukraine Global Fund, providing a dollar-for-dollar match for associate donations. The fund will address the immediate and long-term needs of displaced Ukrainians to provide food, shelter, transportation, medicine and much more. Garmin believes that together we can make a difference in the lives of those who are affected by this war.
Garmin stands with the international community and condemns Russia’s invasion of Ukraine. Upon the first indication of hostile aggression, we ceased trade with entities in Russia and Belarus until further notice, and we are complying with all trade rules and sanctions as is our longstanding practice.
With nearly 19,000 associates in 34 countries around the world, Garmin bring GPS navigation and wearable technology to the automotive, aviation, marine, outdoor and fitness markets. The foundation of our culture is honesty, integrity and respect, and Garmin associates are committed to continuous innovation to enhance our customers’ active lifestyles. Garmin Ltd. (NYSE: GRMN) is incorporated in Switzerland, and its principal subsidiaries are located in the United States, Taiwan and the United Kingdom. For more information, visit Garmin’s virtual Newsroom or email our press team.
About Garmin International, Inc.
Garmin International Inc. is a subsidiary of Garmin Ltd. (NYSE: GRMN). Garmin Ltd. is incorporated in Switzerland, and its principal subsidiaries are located in the United States, Taiwan and the United Kingdom. Garmin is a registered trademark.
All other brands, product names, company names, trademarks and service marks are the properties of their respective owners. All rights reserved.
Notice on Forward-Looking Statements
This release includes forward-looking statements regarding Garmin Ltd. and its business. Such statements are based on management’s current expectations. The forward-looking events and circumstances discussed in this release may not occur and actual results could differ materially as a result of known and unknown risk factors and uncertainties affecting Garmin, including, but not limited to, the risk factors listed in the Annual Report on Form 10-K for the year ended December 25, 2021, filed by Garmin with the Securities and Exchange Commission (Commission file number 0001-411180). A copy of such Form 10-K is available at http://www.garmin.com/aboutGarmin/invRelations/finReports.html. No forward-looking statement can be guaranteed. Forward-looking statements speak only as of the date on which they are made and Garmin undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.
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Garmin International, Inc.
Phone | 913-397-8200
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NYSE: GRMN