ASBIS RECORDS USD 209 MILLION REVENUES IN MARCH 2022

ASBISc Enterprises Plc, a leading Value-Added Distributor, developer and supplier of IT and IoT products, solutions and services in the growing markets of Europe, Middle East and Africa, according to the preliminary estimations, in March 2022 had consolidated revenues at the level of approx. USD 209 million, compared to USD 261 million in March 2021, representing a decrease of approx. 20% YoY. 

Costas Tziamalis, Deputy CEO of ASBIS Group, commented: “We are very pleased with the revenues generated in March 2022. Thanks to our very quick reaction, we were able to regain some of the lost revenues from the markets affected by the war. We have secured or moved supplies from these countries to safe locations. We are intensifying sales in non-conflict markets, such as Kazakhstan, which significantly increased its sales in March this year compared to March 2021. We are also working on improving our portfolio so that it meets today's customer needs as much as possible. Therefore, we sign new distribution agreements and extend our cooperation with current partners to new markets that have not been covered by the agreement so far. Our overriding goal is now to protect the safety of our employees in Ukraine and to intensify sales activities, thanks to which we will rebuild sales lost during the war. 

For additional information, please contact:  

Iwona Mojsiuszko
8Sense Public Relations
Tel. +48 502 344 992
E-mail iwona.mojsiuszko@8sensepr.pl

^{About ASBISc Enterprises Plc} 

^{ASBIS Group is a leading Value Add Distributor, developer and provider of IT, IoT products, solutions and services to the markets of Europe, the Middle East and Africa (EMEA) with local operations in Central and Eastern Europe, the Baltic republics, the former Soviet Union, the Middle East and North Africa.} 

<sup>The business of ASBIS is based on three pillars:
1. Distribution of hardware and software for Client Computing and Data Centers, consumer electronics thru:
    a.   Retail chains and e-tailers
    b.   Resellers to small and medium business
    c.   Large enterprises.
2. Full stack in creation of world class products. From scientific research and development to design and engineering, firmware and software, production and marketing of IT and IoT products and solutions via own brands:
    a.     Aeno (small home appliances).
    b.     Canyon (smart watches, power banks, accessories for computers and mobile devices)
    c.     Perenio (IoT platform, IoT routers, applications and peripherals for smart office/ home, smart health).
    d.     Prestigio (smart devices and accessories, innovative solutions for business and education, etc.)
3.     Complex solutions sales projects to large enterprises via extensive networks of System Integrators and Value Add Resellers.</sup> 

^{ASBIS was founded in 1990 in Belarus, since 1995 operates from Cyprus. Company has two master distribution centers located in the Czech Republic and in the United Arab Emirates, subsidiaries in 27 countries, more than 2,000 employees and about, 20 000 active customers in 56 countries worldwide. In 2021, the Group delivered sales of close to USD 3.1 billion.} 

^{The Company’s stock has been listed on the Warsaw Stock Exchange since October 2007 under the ticker symbol “ASB” (ASBIS).} 

^{For more news and information visit: www.asbis.com}