Company: KYIV
Filing Date: 2025-07-17
Form Type: F-4/A
Source: 0001213900-25-064873
Chunk: 91

Company: Kyivstar Group Ltd.
Filing Date: 2025-07-17
Form: F-4/A
Chunk 91
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 national security and lawful interception and their official interpretation by Ukrainian governmental and other regulatory bodies and courts; •risks that the adjudications, administrative or judicial decisions in respect of legal challenges, license and regulatory disputes, tax disputes or appeals may not result in a final resolution in our favor or that we are unsuccessful in our defense of material litigation claims or are unable to settle such claims; •risks relating to our operations, including regulatory uncertainty regarding our service offering, licenses and approvals or consents required from governmental authorities in relation thereto, frequency allocations, constraints on our spectrum capacity, access to additional bands of spectrum required to meet demand for existing products and service offerings or additional spectrum required from new products and services and new technologies, intellectual property rights protection, interconnection agreements, equipment failures and competitive offering and pricing pressures; •risks related to developments from competition, unforeseen or otherwise, including our ability to keep pace with technological changes and evolving industry standards; •risks associated with the market price of Kyivstar Group Ltd. Common Shares, which may be volatile or may decline regardless of Kyivstar Group Ltd.’s operating performance; •risks related to Kyivstar Group Ltd.’s status as a foreign private issuer, including that Kyivstar Group Ltd. will follow certain home country governance practices rather than the corporate governance requirements of Nasdaq; •risks related to Kyivstar Group Ltd.’s status as an emerging growth company, including reduced public company reporting requirements; and •risks related to Kyivstar Group Ltd.’s status as a “controlled company” within the meaning of the Nasdaq rules, and as a result of VEON’s majority ownership and voting power, VEON will continue to have significant influence over Kyivstar Group Ltd., which could limit your ability to influence the outcome of key transactions, including a change of control. Summary Historical Combined Financial Information of Kyivstar Group Prior to the Business Combination The following table shows summary historical financial information of Kyivstar Group for the periods and as of the dates indicated. The summary historical financial information of Kyivstar Group and its subsidiaries as of March31, 2025 and for the three months ended March31, 2025 and 2024 were derived from the unaudited condensed combined financial statements of VEON Holdings B.V. included elsewhere in this proxy statement/prospectus. The summary historical financial information of Kyivstar Group as of December 31, 2024 and 2023 and for the years ended December 31,