Company: KYIV
Filing Date: 2025-06-05
Form Type: 425
Source: 0001213900-25-051648
Chunk: 8

Company: Kyivstar Group Ltd.
Filing Date: 2025-06-05
Form: 425
Chunk 8
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     |     |            2 |   |     |     |            1 |   |
| Finance costs                        |     |     |           21 |   |     |     |           21 |   |
| Finance income                       |     |     |           (7 | ) |     |     |           (8 | ) |
| Other non-operating gain/(loss), net |     |     |            1 |   |     |     |           (1 | ) |
| Net foreign exchange (loss)/gain     |     |     |           21 |   |     |     |           (8 | ) |
| Adjusted EBITDA                      |     |     |          140 |   |     |     |           93 |   |
| Profit margin                        |     |     |           17 | % |     |     |           19 | % |
| Adjusted EBITDA Margin               |     |     |           55 | % |     |     |           50 | % |

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Key Performance Indicators

Mobile ARPU measures the monthly average revenue per mobile user. Kyivstar Group calculates mobile ARPU by dividing its mobile service revenue (excluding guest roaming and wholesale interconnection revenue) during the relevant period by the average number of its mobile customers during the period and dividing by the number of months in that period. Mobile service revenue used to calculate mobile ARPU excludes guest roaming and wholesale interconnection revenue, as this revenue is not generated by Kyivstar Group’s customers but are proceeds received by other operators for the services received by its subscribers.

Multiplay customers are doubleplay 4G customers who also used one or more of Kyivstar Group’s digital products at any time during the one month prior to such measurement date.

Total digital MAU is a gross total cumulative MAU of applications offered. Under this metric, a single individual who is active in more than one application is counted as a separate MAU under each such application, such that the total digital MAUs may include individuals being counted more than once.

Contact Information

Kyivstar Group

Media and Investor Contact:
Kyivstar@icrinc.com

VEON Media ContactEmail: pr@veon.com

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