Teleperformance Exits the Highly Egregious Part of the Trust and Safety Business - Teleperformance (OTC:T

Regulatory News:

After reflecting on the consistent feedback received in the recent days from a vast majority of shareholders and the financial community regarding the perception of its trust and safety business, Teleperformance TEP has decided to exit the highly egregious part of the trust and safety business.

Teleperformance still believes that trust & safety content moderation is an essential first responder service that protects the wider society in the digital world, and that Teleperformance is one of the few companies in the world that can provide this service professionally, at global scale, with the highest standards in terms of employees safety and well being. Teleperformance is also proud of its employees engaged in this essential service. But, as a public company that has always been considerate of its shareholders perspectives, Teleperformance has decided that exiting the highly egregious segment of trust & safety is the right thing to do, at this time.

Teleperformance will partner with its clients to work out suitable alternatives for its current business in the field, while in the meantime, further strengthening its focus on employees safety and well being. The group also will not take any new business of this type.