Company: KYIV
Filing Date: 2025-06-05
Form Type: F-4
Source: 0001213900-25-051575
Chunk: 11

Company: Kyivstar Group Ltd.
Filing Date: 2025-06-05
Form: F-4
Chunk 11
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 initial cash value, as such Kyivstar Group Ltd. Warrants are expected to be out of the money on the Closing Date. (2)Excludes 1,437,500 Vesting Securities that will not have vested as of the Closing Date. The Vesting Securities are subject to forfeiture if the applicable vesting conditions are not satisfied. (3)The Sponsors paid an aggregate of $25,000 for 7,905,000 Cohen Circle Class B Ordinary Shares, and the Sponsors and Cantor paid an aggregate of approximately $7,150,000 for 715,000 Cohen Circle Private Placement Units. On April 26, 2025, Cantor transferred its 270,000 Cohen Circle Private Placement Units to an affiliate of the Sponsors. In connection with the Closing, 2,155,000 Cohen Circle Class B Ordinary Shares and all of the private placement warrants underlying the Cohen Circle Private Placement Units held by the Sponsors will be surrendered and such shares and warrants shall be automatically cancelled without any conversion thereof or payment or other consideration therefor. More information about Kyivstar, Cohen Circle, VEON, the Business Combination Agreement and the Business Combination is contained in the accompanying proxy statement / prospectus. You should read the accompanying proxy statement / prospectus, including the financial statements and annexes and other documents referred to therein, carefully and in their entirety. IN PARTICULAR, YOU SHOULD CAREFULLY CONSIDER THE MATTERS DISCUSSED UNDER THE SECTION ENTITLED “RISK FACTORS” BEGINNING ON PAGE 21 OF THE ACCOMPANYING PROXY STATEMENT / PROSPECTUS. If you have any questions regarding the accompanying proxy statement/prospectus, you may contact, Cohen Circle’s proxy solicitor, toll -freeator collect ator email at. On behalf of our board of directors, I thank you for your support and look forward to the successful consummation of the Business Combination.

|        |     | Sincerely,     |
|        |     | Betsy Z. Cohen |
| , 2025 |     | Chairman       |

NEITHER THE SECURITIES AND EXCHANGE COMMISSION NOR ANY STATE SECURITIES REGULATORY AGENCY HAS APPROVED OR DISAPPROVED THE TRANSACTIONS DESCRIBED IN THE ACCOMPANYING PROXY STATEMENT/PROSPECTUS, PASSED UPON THE MERITS OR FAIRNESS OF THE BUSINESS COMBINATION OR RELATED TRANSACTIONS OR PASSED UPON THE ADEQU