Garmin Announces a Matching Contribution Scheme for Ukrainian Aid

Garmin condemns Russia's invasion of Ukraine along with the international community. Garmin halted trading with Russian and Belarusian organizations until further notice. The company will match associate contributions to the United for Ukraine Global Fund dollar for dollar, giving food, shelter, transportation, medication, and much more.

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. source: Garmin Newsroom