Company: KYIV
Filing Date: 2025-03-31
Form Type: DRS
Source: 0001213900-25-026261
Chunk: 387

Company: Kyivstar Group Ltd.
Filing Date: 2025-03-31
Form: DRS
Chunk 387
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 any claim for which the federal district courts of the United States of America are the sole and exclusive forum. Placement Warrants The Cohen Circle Private Placement Warrants will be forfeited by the Sponsor and Cantor immediately prior to the Merger Effective Time for no consideration. 210

COMPARISON OF SECURITYHOLDER RIGHTS This section describes the material differences between the rights of Cohen Circle shareholders before the consummation of the Business Combination and the rights of holders of Kyivstar Group Ltd. Common Shares after the Business Combination. These differences in shareholder rights result from the differences between Bermuda law and Companies Act and the respective governing documents of Cohen Circle and Kyivstar Group Ltd. This section does not include a complete description of all differences among such rights, nor does it include a complete description of such rights. Furthermore, the identification of some of the differences of these rights as material is not intended to indicate that other differences that may be equally important do not exist. Cohen Circle shareholders are urged to carefully read the relevant provisions of Bermuda law, the Companies Act, the Cohen Circle Articles and the form of the Restated Bye -laws of Kyivstar Group Ltd. that will be in effect as of consummation of the Business Combination. References in this section to the Kyivstar Group Ltd. Articles are references thereto as they will be in effect upon consummation of the Business Combination. However, the Kyivstar Group Ltd. Bye -laws may be amended at any time prior to consummation of the Business Combination by mutual agreement of Cohen Circle, Kyivstar Group Ltd. and the Seller or after the consummation of the Business Combination by amendment in accordance with their terms. If the Bye -laws of Kyivstar Group Ltd. are amended, the below summary may cease to accurately reflect them as so amended.

| Rights of Cohen Circle Shareholders                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |     | Rights of Kyivstar Group Ltd. Shareholders                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |
| Authorized Capital                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |     | Authorized Capital                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |
| The Cohen Circle Articles authorize the issuance of up to $55,550 dividend into 500,000,000 Class A ordinary shares of a par value of $0.0001 each, 50,000,000 Class B ordinary shares of a par value of $0.0001 each and 5,000,000 preference shares of a par value of $0.0001 each.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             
 Each Cohen