Company: KYIV
Filing Date: 2025-12-09
Form Type: F-1/A
Source: 0001213900-25-119722
Chunk: 320

Company: Kyivstar Group Ltd.
Filing Date: 2025-12-09
Form: F-1/A
Chunk 320
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VENUE

Kyivstar generates revenue from the provision of voice, data and other telecommunication services through a range of wireless, fixed and broadband Internet services and accessories. Products and services may be sold separately or in bundled packages.

Revenue from contracts with customers

The table below provides a breakdown of revenue from contracts with customers for the year ended December 31:

|          |     | Service revenue |     |      |     |       |     |      |     | Other revenue |     |      |     | Total revenue |     |      |
|          |     |          Mobile |     |      |     | Fixed |     |      |     |               |     |      |     |               |     |      |
|          |     |            2024 |     | 2023 |     |  2024 |     | 2023 |     |          2024 |     | 2023 |     |          2024 |     | 2023 |
| Kyivstar |     |             865 |     |  859 |     |    50 |     |   52 |     |             4 |     |    4 |     |           919 |     |  915 |
| Total    |     |             865 |     |  859 |     |    50 |     |   52 |     |             4 |     |    4 |     |           919 |     |  915 |

Assets and liabilities arising from contracts with customers

The following table provides a breakdown of contract balances and capitalized customer acquisition costs as of December 31:

|                                                    |     | 2024 |     | 2023 |
| Customer acquisition costs                         |     |   30 |     |   38 |
| Connection costs                                   |     |    2 |     |    3 |
| Start packages and scratch-cards                   |     |    1 |     |    1 |
| Fixed line connections                             |     |    1 |     |    1 |
| Other assets                                       |     |    2 |     |    1 |
| Total assets arising from contracts with customers |     |   36 |     |   44 |

Liabilities arising from contracts with customers consisted of the following as of December 31:

|                                                         |     | 2024 |     | 2023 |
| Deferred revenue                                        |     |   30 |     |   23 |
|