Luxoft Holding, Inc (NYSE:LXFT), a leading provider of software development services and innovative IT solutions to a global client base, today announced that it is ranked 2nd on the Great Place to Work Mexico IT and Telecom 2016 list. Luxoft opened its Guadalajara office in 2014, and in just two years made the less than 500 employees national ranking awarded by the Great Place to Work Institute®.

The Great Place to Work Institute recognizes companies for developing workplace cultures where employees are valued. The thorough review process includes a detailed application from each company highlighting policies, stories, and practices that showcase each company’s approach and philosophy and an anonymous employee survey. Companies recognized demonstrate cultures emphasizing respect, pride, fairness, credibility, and camaraderie.

“I’m extremely proud of this award and our whole team for their hard work in developing a culture that is inspiring and attractive for our colleagues,” said Enrique Cortes Rello, General Manager of Luxoft Mexico. “Our global culture promotes hiring the most qualified work force and our goal is that prospective employees think naturally of Luxoft as a place where they would like to work, becoming an ‘employer of choice’.”

The Great Place to Work Institute research finds organizations named to the list see many benefits, including lower employee turnover, better financial performance, higher levels of customer satisfaction and loyalty, increased innovation and creativity, greater productivity and enhanced public perception.

About Luxoft

Luxoft Holding, Inc (NYSE:LXFT) is a leading provider of software development services and innovative IT solutions to a global client base consisting primarily of large multinational corporations. Luxoft’s software development services consist of core and mission critical custom software development and support, product engineering and testing, and technology consulting. Luxoft’s solutions are based on its proprietary products and platforms that directly impact its clients’ business outcomes and efficiently deliver continuous innovation. The Company develops its solutions and delivers its services from 30 dedicated delivery centers worldwide. It has over 11,000 employees across 35 offices in 18 countries in North America, Mexico, Western and Eastern Europe, Asia Pacific, and South Africa. Luxoft is incorporated in Tortola, British Virgin Islands, has its operating headquarters office in Zug, Switzerland and is listed on the New York Stock Exchange. For more information, please visit www.luxoft.com

Forward-Looking Statements

This news release of Luxoft Holding, Inc (“Luxoft”) contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements include information about possible or assumed future results of our business and financial condition, as well as the results of operations, liquidity, plans and objectives. In some cases, you can identify forward-looking statements by terminology such as “believe,” “may,” “estimate,” “continue,” “anticipate,” “intend,” “should,” “plan,” “expect,” “predict,” “potential,” or the negative of these terms or other similar expressions. These statements are subject to, without limitation, the risk factors discussed under the heading “Risk Factors” in Luxoft’s Annual Report on Form 20-F for the year ended March 31, 2016 and other documents filed with or furnished to the Securities and Exchange Commission by Luxoft. Except as required by law, Luxoft undertakes no obligation to publicly update any forward-looking statements for any reason after the date of this news release whether as a result of new information, future events or otherwise.

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