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International Olympic Committee President Thomas Bach thanked volunteers, organizers, athletes, the host country and Russian President Vladimir Putin during the closing ceremony of the 2014 Winter Olympics.

International Olympic Committee President Thomas Bach waves the Olympic flag during the flag handover ceremony as part of the 2014 Sochi Winter Olympics Closing Ceremony at Fisht Olympic Stadium on Feb. 23, 2014 in Sochi, Russia.Ryan Pierse / Getty Images

Bach also touted the "exceptional conditions" at the games, thanking the hosts in Russian several times. His speech was received with roaring cheers and applause by the crowd.

"Tonight, we can say Russia delivered all what it had promised," Bach said, echoing a previous speech by Dmitry Chernyshenko, president of the Sochi 2014 Olympic Organizing Committee.