October 13, 2021

Accenture Acquires Glamit to Help Clients Accelerate Digital Commerce Transformation in Argentina

The addition of Glamit expands Accenture Interactive’s world-class commerce capabilities

BUENOS AIRES; October 13, 2021 – Accenture (NYSE: ACN) has acquired Glamit, a boutique e-commerce agency in Argentina. Glamit offers experience design and technology, including e-commerce and platform architecture, brand strategy, digital marketing services and direct-to-consumer solutions. Terms of the transaction were not disclosed.

To meet the needs of the rapidly growing Argentinian e-commerce market, today’s brands are looking to reinvent their commerce experience swiftly and at scale. With the addition of Glamit, Accenture Interactive further enhances its robust omnichannel e-commerce and marketing solutions and the ability of the Accenture SynOps platform to power connected and seamless commerce experiences.

Sergio Kaufman, Accenture’s President for Hispanic South America (HSA) and Andrés Dorfman, CEO of Glamit

Founded in 2011 and headquartered in Buenos Aires, Glamit, brings proven partnerships with leading technology and platform companies including Magento, VTEX and Mercado Pago, and other related services to deliver commerce excellence across multiple industries for international and local brands. Recognized by the eCommerce Institute for outstanding leadership and offerings to support online businesses in Argentina, an outstanding partner by Mercado Pago and most recently, Great Place to Work in Argentina, the agency’s 260 employees will join Accenture Interactive in HSA.

Flaviano Faleiro, Accenture Interactive’s president for Growth Markets, said: “Glamit fits into our vision of transforming commerce across Latin America. With them as part of the Interactive family, we will help our clients in the region balance the complexities and simplicity of digital commerce and create exceptional experiences that delight consumers and drive brand success.”

Andrés Dorfman, CEO of Glamit, said: “We’ve always been focused on helping brands create connected experiences for their consumers. Joining Accenture Interactive will allow us to continue to do so, in a way that extends our reach and increases our impact. It provides an excellent opportunity for our teams to drive marketing transformation and commerce reimagination in a big way that helps our clients deepen their presence on a global scale.”

Accenture Interactive’s commerce offering is centered on supporting clients design, implement and operate transformative experiences for the consumer, offering expertise in emerging platforms and modern commerce architectures such as headless and composable commerce. Accenture was named a leader in commerce services by Forrester in 2021.

About Accenture
Accenture is a global professional services company with leading capabilities in digital, cloud and security. Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Interactive, Technology and Operations services — all powered by the world’s largest network of Advanced Technology and Intelligent Operations centers. Our 624,000 people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries. We embrace the power of change to create value and shared success for our clients, people, shareholders, partners and communities. Visit us at www.accenture.com.

Accenture Interactive is reimagining business through experience. We drive sustainable growth by creating meaningful experiences that live at the intersection of purpose and innovation. By connecting deep human and business insights with the possibilities of technology, we design, build, communicate and run experiences that make lives easier, more productive and rewarding. Accenture Interactive is ranked the world’s largest digital agency by Ad Age and has been named a Most Innovative Company by Fast Company. To learn more, follow us @AccentureSong and visit www.accentureinteractive.com

Forward-Looking Statements
Except for the historical information and discussions contained herein, statements in this news release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “may,” “will,” “should,” “likely,” “anticipates,” “expects,” “intends,” “plans,” “projects,” “believes,” “estimates,” “positioned,” “outlook” and similar expressions are used to identify these forward-looking statements. These statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied. Many of the following risks, uncertainties and other factors identified below are, and will be, amplified by the COVID-19 pandemic. These risks include, without limitation, risks that: the transaction might not achieve the anticipated benefits for Accenture; Accenture’s results of operations have been significantly adversely affected and could in the future be materially adversely impacted by the COVID-19 pandemic; Accenture’s results of operations have been, and may in the future be, adversely affected by volatile, negative or uncertain economic and political conditions and the effects of these conditions on the company’s clients’ businesses and levels of business activity; Accenture’s business depends on generating and maintaining ongoing, profitable client demand for the company’s services and solutions including through the adaptation and expansion of its services and solutions in response to ongoing changes in technology and offerings, and a significant reduction in such demand or an inability to respond to the evolving technological environment could materially affect the company’s results of operations; if Accenture is unable to keep its supply of skills and resources in balance with client demand around the world and attract and retain professionals with strong leadership skills, the company’s business, the utilization rate of the company’s professionals and the company’s results of operations may be materially adversely affected; Accenture could face legal, reputational and financial risks if the company fails to protect client and/or company data from security incidents or cyberattacks; the markets in which Accenture operates are highly competitive, and Accenture might not be able to compete effectively; Accenture’s profitability could materially suffer if the company is unable to obtain favorable pricing for its services and solutions, if the company is unable to remain competitive, if its cost-management strategies are unsuccessful or if it experiences delivery inefficiencies or fail to satisfy certain agreed-upon targets or specific service levels; changes in Accenture’s level of taxes, as well as audits, investigations and tax proceedings, or changes in tax laws or in their interpretation or enforcement, could have a material adverse effect on the company’s effective tax rate, results of operations, cash flows and financial condition; Accenture’s ability to attract and retain business and employees may depend on its reputation in the marketplace; as a result of Accenture’s geographically diverse operations and its growth strategy to continue to expand in its key markets around the world, the company is more susceptible to certain risks; Accenture’s business could be materially adversely affected if the company incurs legal liability; Accenture’s work with government clients exposes the company to additional risks inherent in the government contracting environment; Accenture’s results of operations could be materially adversely affected by fluctuations in foreign currency exchange rates; if Accenture is unable to manage the organizational challenges associated with its size, the company might be unable to achieve its business objectives; if Accenture does not successfully manage and develop its relationships with key alliance partners or fails to anticipate and establish new alliances in new technologies, the company’s results of operations could be adversely affected; Accenture might not be successful at acquiring, investing in or integrating businesses, entering into joint ventures or divesting businesses; if Accenture is unable to protect or enforce its intellectual property rights or if Accenture’s services or solutions infringe upon the intellectual property rights of others or the company loses its ability to utilize the intellectual property of others, its business could be adversely affected; Accenture’s results of operations and share price could be adversely affected if it is unable to maintain effective internal controls; changes to accounting standards or in the estimates and assumptions Accenture makes in connection with the preparation of its consolidated financial statements could adversely affect its financial results; Accenture might be unable to access additional capital on favorable terms or at all and if the company raises equity capital, it may dilute its shareholders’ ownership interest in the company; Accenture may be subject to criticism and negative publicity related to its incorporation in Ireland; as well as the risks, uncertainties and other factors discussed under the “Risk Factors” heading in Accenture plc’s most recent Annual Report on Form 10-K and other documents filed with or furnished to the Securities and Exchange Commission. Statements in this news release speak only as of the date they were made, and Accenture undertakes no duty to update any forward-looking statements made in this news release or to conform such statements to actual results or changes in Accenture’s expectations.

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Contacts:

Gabriela Oliván
Accenture
+54 9 11 3822-0352
gabriela.olivan@accenture.com

Isabel Herrera
Accenture
+56 9 58735520
isabel.herrera.leon@accenture.com

Cecilia Niscovolos
Accenture
+54 9 11 65386801
cecilia.niscovolos@accenture.com

Kelly Coffed
Accenture
+1 678 657 8614
kelly.coffed@accenture.com