Company: KYIV
Filing Date: 2025-12-09
Form Type: F-1/A
Source: 0001213900-25-119722
Chunk: 238

Company: Kyivstar Group Ltd.
Filing Date: 2025-12-09
Form: F-1/A
Chunk 238
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 as set forth therein, on the terms and subject to the conditions set forth in the Sponsor Agreement. Seller Lock-Up Agreement On March 17, 2025, the Seller, the Sponsors and Kyivstar Group Ltd. entered into a lock -upagreement (the “Seller Lock -UpAgreement”) providing for, among other things, certain restrictions on the transfer of 95% of the Kyivstar Group Ltd. Common Shares to be issued to the Seller at Closing until the Lock -UpRelease. Rule 144 All of Kyivstar Group Ltd.’s Common Shares that are issued and outstanding, other than those registered pursuant to the registration statement of which the prospectus filed with the SEC on July 22, 2025 forms a part, are “restricted securities” as that term is defined in Rule 144 under the Securities Act, including any shares issued to the Non -RedeemingShareholders, and may be sold publicly in the United States only if they are subject to an effective registration statement under the Securities Act or pursuant to an exemption from the registration requirement such as those provided by Rule 144 and Rule 701 promulgated under the Securities Act. In general, beginning one year after the date Kyivstar Group Ltd. filed Form 10 information with the SEC, a person (or persons whose shares are aggregated) who, at the time of a sale, is not, and has not been during the three months preceding the sale, an affiliate of Kyivstar Group Ltd. and has beneficially owned Kyivstar Group Ltd.’s restricted securities for at least six months will be entitled to sell the restricted securities without registration under the Securities Act, subject only to the availability of current public 143 information about Kyivstar Group Ltd. Persons who are affiliates of Kyivstar Group Ltd. and have beneficially owned Kyivstar Group Ltd.’s restricted securities for at least six months may sell a number of restricted securities within any three -monthperiod that does not exceed the greater of the following: •1% of the then outstanding equity shares of the same class; or •the average weekly trading volume of Kyivstar Group Ltd.’s Common Shares during the four calendar weeks preceding the date on which notice of the sale is filed with the SEC. Sales by affiliates of Kyivstar Group Ltd. under Rule 144 are also subject to certain requirements relating to manner of sale, notice and the availability of current public information about Kyivstar Group Ltd. Restrictions on the Use of Rule 144