Company: KYIV
Filing Date: 2025-04-18
Form Type: DRS
Source: 0001213900-25-033341
Chunk: 319

Company: Kyivstar Group Ltd.
Filing Date: 2025-04-18
Form: DRS
Chunk 319
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 include core capital expenditures. However, a limitation of the use of Capex excl. licenses and ROU as a performance measure is that it does not capture long -livedassets acquired in business combinations. We may incur future expenses similar to those excluded when calculating Adjusted EBITDA, Adjusted EBITDA Margin and Capex excl. licenses and ROU. In addition, our presentation of these measures should not be construed as an inference that our future results will not be affected by unusual or non -recurringitems.

165 Key Performance Indicators 4G users 4G users are mobile customers who have engaged in revenue -generatingactivity during the three months prior to the measurement date as a result of activities over fourth -generation(4G or LTE — long term evolution) network technologies. Digital services monthly active users Digital services MAUs is a gross total of monthly active users of all digital products and services offered and includes MAUs who are active in more than one application. It is a total cumulative MAU of all digital platforms, services and applications. Doubleplay 4G customers Doubleplay 4G customers are mobile customers who used both our voice and data services over 100 MB via 4G (LTE) technology at any time during the one month prior to such measurement date. Mobile ARPU Mobile ARPU measures the monthly average revenue per mobile user. We calculate mobile ARPU by dividing our mobile service revenue during the relevant period, including data revenue, roaming revenue and interconnect revenue, but excluding revenue from connection fees, sales of handsets and accessories and other non -servicerevenue, by the average number of our mobile customers during the period and dividing by the number of months in that period. Mobile customers Mobile customers are customers in the registered customer base as of a given measurement date who engaged in a revenue -generatingactivity at any time during the three months prior to such measurement date. Such activity includes any outgoing calls, customer fee accruals, debits related to service, outgoing SMS and MMS, data transmission and receipt sessions, but does not include incoming calls, SMS and MMS or abandoned calls. Our total number of mobile customers also includes customers using mobile internet service via USB modems. Mobile data customers Mobile data customers are mobile customers who have engaged in revenue -generatingactivity during the three months prior to the measurement date as a result of activities including USB modem internet access using 2.5G/3G/4G/LTE/HSPA+ technologies. Multiplay customers Multi