Company: KYIV
Filing Date: 2025-12-09
Form Type: F-1/A
Source: 0001213900-25-119722
Chunk: 105

Company: Kyivstar Group Ltd.
Filing Date: 2025-12-09
Form: F-1/A
Chunk 105
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 (loss) per Class B common share                 |     |             |   |     | $                  |     (0.11 | ) |     |             |   |     |            |     |           |             |   |
| Pro forma weighted average shares outstanding basic and diluted              |     |             |   |     |                    |       n/a |   |     |             |   |     |            |     |           | 229,539,685 |   |
| Pro forma basic and diluted net (loss) income per share                      |     |             |   |     |                    |       n/a |   |     |             |   |     |            |     | $         |        0.46 |   |

57 NOTES TO UNAUDITED PRO FORMA CONDENSED COMBINED FINANCIAL INFORMATION 1.Basis of pro forma presentation The unaudited pro forma condensed combined financial information has been prepared in accordance with Article 11 of Regulation S -Xand presents the combination of the historical financial information of VEON Holdings and Cohen Circle adjusted to give effect to the Business Combination and the related transactions. The unaudited pro forma condensed combined financial information sets forth and is derived from and should be read together with the following: •VEON Holdings’ unaudited combined statement of financial position as of June30, 2025; •Cohen Circle’s unaudited balance sheet as of June30, 2025; •Kyivstar Group Ltd.’s unaudited statement of financial position as of June30, 2025; •VEON Holdings’ unaudited condensed combined income statement for the six -monthperiod ended June30, 2025; •Cohen Circle’s unaudited condensed statement of operations for the six -monthperiod ended June30, 2025; •VEON Holdings’ audited combined income statement for the year ended December31, 2024; •Cohen Circle’s audited statement of operations for the year ended December31, 2024; and •other information relating to VEON Holdings and Cohen Circle included in this prospectus, including the Business Combination Agreement and the description thereof. The unaudited pro forma condensed combined financial information has been prepared for illustrative purposes only and is based on assumptions and estimates made and considered appropriate by management; however, it is not necessarily indicative of what VEON Holdings’ combined financial condition or results of operations would have been assuming the Business Combination had been consummated as of the