Company: KYIV
Filing Date: 2025-07-22
Form Type: 424B3
Source: 0001213900-25-066705
Chunk: 310

Company: Kyivstar Group Ltd.
Filing Date: 2025-07-22
Form: 424B3
Chunk 310
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 of base transceiver stations situated outside to reduce the energy use involved in keeping them cool. We share tower capacity with other operators, which has had a direct positive impact on our 154 energy consumption and our environmental footprint. We keep abreast of federal and local environmental legislation, regulations, rules and other applicable laws and strive to reduce the environmental impact of our operations through responsible use of natural resources and by reducing waste and emissions. We continue to develop innovative solutions to reduce energy intensity, such as powering telephone exchange stations on solar energy, installing state -of - the-arton -gridphotovoltaic systems and carrying out training on renewable energy solutions to ensure stakeholders are aware of our carbon — and cost -savingbenefits. Across our organization, we continue to work on reducing the carbon footprint of our offices, with a variety of initiatives including switching to LED lighting. Inclusion and Belonging Within ESG, a particular focus for us as a major employer is inclusion and belonging. Since the start of the war, this has mainly taken the form of initiatives to protect our employees from the uncertainties resulting from the war. For instance, we paid out a total of UAH 731 million ($21.5 million) in emergency support to our employees, which included compensation for relocation in the first months of the war. Further, certain parts of our offices were prepared as shelters for our employees in case of emergency, and we provided a free “Psychological Support During the War” program to support our employees’ mental health. EU Taxonomy Regulation The VEON Group is within scope of the European Union (“EU”) Taxonomy regulation (EU) 2020/852 of the European Parliament and of the Council on the establishment of a framework to facilitate sustainable investment. Under the EU Taxonomy Regulation, the European Commission has come up with the list of environmentally sustainable activities by defining technical screening criteria for each environmental objective through delegated and implementing acts. Based on the VEON Group’s assessment of the current EU Taxonomy Regulation, it was concluded that the VEON Group’s core economic activities are not covered by the Climate Delegated Act (EU) 2021/2139) and consequently are Taxonomy -non -eligible. As the VEON Group’s core economic activities are not covered by the Climate Delegated Act and are consequently Taxonomy -non -eligible, we have not provided any Taxonomy -Alignmentassessment herein. The European Commission published an Omnibus package on sustainability reporting and due diligence on February 26, 2025. This first Omn