Ukraine is a tiny country, 80% of which is fluent in Russian and English proficiency is relatively common. You do not localize an entire game for a small audience while excluding other similarly small countries unless your doing so is out of pity. It makes little to no business sense. So yes.
Ukraine a Tiny country,? are you serious right now? Its the second largest country in Europe. its 87% the size of Texas which is freaking huge. Pre the Russian invasion they accounted for 15% of the worlds corn trade, and 10% of the worlds wheat Trade. Thats 4th and 5th largest exporter in the world btw. It literally is/was Europe's food machine. And the invasion has had catastrophic consequences for Several countries who depended on Ukraine's food production, predominantly African countries.
When it comes to the OPs question/topic, I wouldnt blame Larian too much for wanting to stay Neutral on this one, just as most companies are on China/Taiwan, and several other conflicts and Political tensions around the world. But Im pretty sure being a Belgian company, that most of their employees are pro Ukraine, just like the rest of Europe are. I know I am.
Much love to any Ukrainians reading this, stay strong, and dont give in to oppression. This conflict is a tragedy for civilians and the fallen from both Nations, but Ukraine is simply defending themselves, and long may it continue.
Sry for going a bit "political" there, but I think most ppl would agree with it.