Company: KYIV
Filing Date: 2025-07-17
Form Type: F-4/A
Source: 0001213900-25-064873
Chunk: 276

Company: Kyivstar Group Ltd.
Filing Date: 2025-07-17
Form: F-4/A
Chunk 276
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 The unaudited pro forma condensed combined statement of financial position reflects these costs as a reduction of cash and cash equivalents of $7 million with a corresponding increase of $7 million to accumulated deficit. H.Represents the subsequent event of the repayment of VEON Holdings B.V. April 25 and June 25 bonds for a total of $578million. The adjustments presented are as follows: H1.To reflect the decrease in Loan receivable from VEON Amsterdam by $24million and elimination of accrued interest income related to the Loan receivable from VEON Amsterdam. See adjustments DD3 and EE3 for the adjustments to the income statement. H2.To reflect the increase in cash and cash equivalents by $20million in connection with the elimination of interest payments related to the April 2025 and June 2025 bonds. See adjustments DD2 and EE2 for the adjustments to the income statement. H3.To reflect the repayment of $578million of debt and derivatives consisting of $561million of principal; $11million of accrued interest; and $6million impact of foreign exchange gains and losses. The repayment reflects $306million of proceeds utilized from the Loan receivable from VEON Amsterdam, $32million of proceeds from receivable from VEON Amsterdam and $223million in proceeds from cash and cash equivalents. 4.2 Adjustments to the unaudited pro forma condensed combined income statement for the three-mont h period ended March 31, 2025 The following adjustments have been reflected in the unaudited pro forma condensed combined income statement: AA1.To reflect the change in fair value of warrants over the three -monthperiod ended March31, 2025, excluding any impact in connection with the year ended December31, 2024. BB1. To reflect the elimination of transaction costs recorded within the income statement for the three -monthperiod ended March31, 2025, which amount to $2million. CC1. To reflect the elimination of interest income generated from the investments held in the Trust Account. DD.To reflect the elimination of interest expense in connection with the April 2025 and June 2025 bonds and interest income in connection with Loan receivable from VEON Amsterdam as follows: DD1.The elimination of net foreign exchange loss of $18million DD2.The elimination of interest expense of $6million 129 DD3.The elimination of interest income earned on the Loan receivable from VEON Amsterdam of $5million 4.3Adjustments to the unaudited pro forma condensed combined