Company: KYIV
Filing Date: 2025-03-31
Form Type: DRS
Source: 0001213900-25-026261
Chunk: 388

Company: Kyivstar Group Ltd.
Filing Date: 2025-03-31
Form: DRS
Chunk 388
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 quorum for the transaction of business at such meeting. |

211

| Rights of Cohen Circle Shareholders                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |     | Rights of Kyivstar Group Ltd. Shareholders                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
| The presence, in person, online or by proxy, at a shareholders meeting of Cohen Circle of shareholders who together hold a majority of the outstanding shares of Cohen Circle Ordinary Shares entitled to vote at such meeting constitutes a quorum for the transaction of business at such meeting. At all meetings of Shareholders at which a quorum is present, the election of directors is determined by a plurality of the votes cast by the Shareholders present in person or represented by proxy at the meeting and entitled to vote thereon. Except as otherwise provided in the Cayman Company Act, all other matters presented to the shareholders at a meeting at which a quorum is present shall be determined by the vote of a majority of the votes cast by the Shareholders present in person, online or represented by proxy at the meeting and entitled to vote thereon. |     | Subject to the Bermuda Companies Act and any rule, regulation rule, regulation, policy, guideline, or directive of any Appointed Stock Exchange relevant to Kyivstar Group Ltd., and unless otherwise specified in Kyivstar Group Ltd.’s Bye-laws, any question properly proposed for the consideration of the shareholders at any general meeting shall be decided by the affirmative vote of a simple majority of the votes cast and entitled to vote on the matter, and in the case of an equality of votes, the chairman of such meeting shall not be entitled to a second or casting vote and the resolution shall fail.                                                                                                                                                                                                                                                         |
| Appraisal/Dissenters’ Rights                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |     | Appraisal/Dissenters’ Rights                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |
| Under the Companies Act, a shareholder of a company undertaking certain types of corporate transactions is entitled to the payment of the fair value of the shares held by such shareholder upon completion of such transactions. In the event a shareholder decides not to accept the consideration being offered by Cohen Circle with respect to such transactions, the shareholder is entitled to make an application to the Cayman Islands Grand Court (the “Grand Court”) to demand payment of a fair value for their shares, with the “fair value” to be determined by the Grand Court. The Companies Act sets out the necessary steps and procedures which such a shareholder is bound to comply with in order to exercise these rights.                                                                                                                                             |     |