Company: KYIV
Filing Date: 2025-06-24
Form Type: F-4/A
Source: 0001213900-25-057315
Chunk: 391

Company: Kyivstar Group Ltd.
Filing Date: 2025-06-24
Form: F-4/A
Chunk 391
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 of Kyivstar Group Ltd.’s Audit and Risk Committee is “independent” as such term is defined under the Nasdaq corporate governance rules and in Rule 10A -3(b)(1) under the Exchange Act. The Kyivstar Group Ltd. Board intends, prior to or concurrently with the listing of the Kyivstar Group Ltd. Common Shares on Nasdaq, to adopt a charter setting forth the responsibilities of the Audit and Risk Committee, which are consistent with Bermuda law, the SEC rules and the Nasdaq corporate governance rules and include: •the appointment, compensation, retention and oversight of the work of the independent auditor and any other registered public accounting firm engaged for the purpose of preparing or issuing an audit report or performing other audit services; •evaluating the independent auditor’s qualifications, performance and independence on at least an annual basis; •pre -approvingthe audit services and non -auditservices to be provided by the independent auditor before the firm is engaged to render such services; •reviewing and discussing with the Kyivstar Group Ltd. Board and the independent auditor the annual financial statements and quarterly financial statements, as well as any related earnings releases, prior to the filing of the annual report or public disclosure of such financial information; •overseeing the appointment, re -appointmentand removal of the internal audit executive; •coordinating the Kyivstar Group Ltd. Board’s oversight of internal control over financial reporting; •reviewing Kyivstar Group Ltd.’s policies with respect to risk assessment and risk management and overseeing management of its enterprise risk, including risks associated with financial and regulatory developments and information technology, including cybersecurity and data privacy risks; •reviewing Kyivstar Group Ltd.’s compliance with laws and regulations, including any initiatives or major litigation or investigations that may have a material impact on its financial statements; •reviewing and approving or ratifying any related party transaction required to be disclosed prior to Kyivstar Group Ltd. entering into such transaction; and •reviewing with management and the independent auditor the Kyivstar Group Ltd. Code of Conduct and reviewing and reassessing the adequacy of the procedures in place to enforce the Code of Conduct. Remuneration Committee Under the Nasdaq corporate governance rules, as a foreign private issuer and a controlled company, Kyivstar Group Ltd. is not required to maintain a Remuneration Committee consisting entirely of independent directors. However, following the listing of the Kyivstar Group Ltd. Common Shares on Nasdaq, Kyivstar Group Ltd. expects