Company: KYIV
Filing Date: 2025-07-17
Form Type: F-4/A
Source: 0001213900-25-064873
Chunk: 497

Company: Kyivstar Group Ltd.
Filing Date: 2025-07-17
Form: F-4/A
Chunk 497
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M has been identified as the Chief Financial Officer, who reviews the assets, operating results, and financial metrics for the Company as a whole to make decisions about allocating resources and assessing financial performance. Accordingly, management has determined that there is only one reportable segment. The CODM assesses performance for the single segment and decides how to allocate resources based on net income or loss that also is reported on the statements of operations as net income or loss. The measure of segment assets is reported on the balance sheets as total assets. When evaluating the Company’s performance and making key decisions regarding resource allocation, the CODM reviews several key metrics included in net income or loss and total assets, which include the following:

|               |     |   | December 31, 
         2024 |     |   | December 31, 
         2023 |
|:--------------|:----|:--|-------------:|:----|:--|-------------:|
| Trust Account |     | $ |  233,369,247 |     | $ |            — |
| Cash          |     | $ |      699,511 |     | $ |          100 |

|                                                                |     |   |      For the 
   Year Ended 
 December 31, 
         2024 |     |   |      For the 
   Year Ended 
 December 31, 
         2023 |
|:---------------------------------------------------------------|:----|:--|-------------:|:----|:--|-------------:|
| General and administrative costs                               |     | $ |      113,324 |     | $ |      377,628 |
| Interest earned on marketable securities held in Trust Account |     | $ |    2,219,247 |     | $ |            — |

The CODM reviews interest earned on the Trust Account to measure and monitor shareholder value and determine the most effective strategy of investment with the Trust Account funds while maintaining compliance with the Trust Agreement. General and administrative expenses are reviewed and monitored by the CODM to manage and forecast cash to ensure enough capital is available to complete a business combination or similar transaction within the business combination period. The CODM also reviews general and administrative costs to manage, maintain and enforce all contractual agreements to ensure costs are aligned with all agreements and budget. General and administrative costs, as reported on the statements of operations, are the significant segment expenses provided to the CODM on a regular basis. NOTE 10 — SUBSEQUENT EVENTS The Company evaluated subsequent events and transactions