Company: KYIV
Filing Date: 2025-12-18
Form Type: 424B3
Source: 0001213900-25-123334
Chunk: 400

Company: Kyivstar Group Ltd.
Filing Date: 2025-12-18
Form: 424B3
Chunk 400
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17, 2025, repayment of $124 was made, consisting of $122 of principal and $2 of interest. The remaining balance, including accrued interest, as of September 30, 2025 is $56. Significant changes in financial assets and financial liabilities There were no significant changes in financial assets and financial liabilities during nine -monthperiod ended September 30, 2025 and 2024, except as disclosed above. Financing activities during the nine-month period ended September 30, 2025 Except for the Capital Reorganization, SPAC Merger, bond repayment transactions and Loan Note Payable disclosed above, there were no further significant financing activities during the nine -monthperiod ended September 30, 2025. Financing activities during the nine-month period ended September 30, 2024 There were no significant financing activities during the nine -monthperiod ended September 30, 2024. 8CASH AND CASH EQUIVALENTS Cash and cash equivalents consisted of the following items:

|                                                                                     |     | September 30, 
          2025 |     | December 31, 
         2024 |
|:------------------------------------------------------------------------------------|:----|--------------:|:----|-------------:|
| Cash and cash equivalents at banks and on hand                                      |     |           302 |     |          479 |
| Cash equivalents with original maturity of less than three months                   |     |           170 |     |          195 |
| Cash and cash equivalents, as presented in the consolidated statement of cash flows |     |           472 |     |          674 |

As of September 30, 2025, US$456 (2024: US$429) of cash and cash equivalents at the level of Ukraine was subject to currency restrictions that limit the Company’s ability to upstream the cash or make certain payments outside the country, but these balances are otherwise freely available to the Ukrainian operations. Cash and cash equivalents with original maturity of less than three months amounting to US$170 (2024: US$195) comprise short -termdeposits and sovereign Ukrainian bonds held by Kyivstar. The imposition of currency exchange controls or other similar restrictions on currency convertibility in Ukraine could limit Kyivstar Group’s ability to convert local currencies or repatriate local cash in a timely manner or at all, as well as remit dividends. 9DIVIDENDS AND CAPITAL DISTRIBUTIONS There were no dividends paid or capital distributions paid during the nine -monthperiod ended