Company: KYIV
Filing Date: 2025-07-22
Form Type: 424B3
Source: 0001213900-25-066705
Chunk: 566

Company: Kyivstar Group Ltd.
Filing Date: 2025-07-22
Form: 424B3
Chunk 566
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| LLC “Ukraine Tower Company”                                              |     |            — |   |     |              — |   |     |            — |   |     |             (1 | ) |
|                                                                          |     |           (8 | ) |     |           (201 | ) |     |          (14 | ) |     |           (199 | ) |

Transactions with related parties were on contractual terms. Terms and conditions of transactions with related parties Outstanding balances with related parties at the year -endare unsecured and settlement occurs in cash. Outstanding balances with related parties are interest free. There have been no financial guarantees issued in favor of the Group or received to/from any related party. For the year ended December 31, 2024 and 2023, the Group has not recorded any significant impairment of receivables due from the related parties. Revenues and trade receivables In 2024 the Group provided to foreign telecom operators, being the Wider VEON Group’s entities under common control, interconnection, roaming and access to network services in the total amount of US$0.03 (2023: US$0.4). The related trade receivables as of December 31, 2024 and 2023 due from entities under common control are non -interestbearing, unsecured and are settled in the normal course of business. Reimbursable short-term loans provided In June 2022, the Group received short -termloans from the entity under common control LLC “VimpelCom Global Services Ukraine” in the amount of US$4. As of December 31, 2023 the amount of short -termloans was US$4. The full amount was settled in 2024 .

F-83 VEON Holdings B.V. GENERAL INFORMATION ABOUT THE GROUP 17RELATED PARTIES (cont.) Cost of materials, traffic charges and other direct costs and trade payables Cost of materials, traffic charges and other direct costs included access to network, roaming and interconnection services, provided by entities under common control and other related parties. Trade payables to entities under common control and other related parties comprise amounts due for access to network, roaming and interconnection services. Trade payables to related parties are non -interestbearing and are settled in the normal course of business. Other operating expenses included consultancy fees and external personnel provided by the ultimate parent and entities under common control. Right -of -useassets as of December 31, 2024 and 202