Company: KYIV
Filing Date: 2025-04-18
Form Type: DRS
Source: 0001213900-25-033341
Chunk: 239

Company: Kyivstar Group Ltd.
Filing Date: 2025-04-18
Form: DRS
Chunk 239
---
, good standing, qualification, Kyivstar Group Ltd. and Merger Sub, capitalization, authority and approval, no violations, absence of certain changes or events, and brokers and finders) being true and correct in all but de minimis respects as of the Closing or, if they expressly relate to an earlier date, as of such earlier date; •all other representations and warranties of the Seller, VEON Holdings, Kyivstar Group Ltd. and Merger Sub being true and correct as of the Closing (without giving effect to any limitation as to “materiality” or “Group Material Adverse Effect” or any similar limitations) or, if they expressly relate to an earlier date, as of such earlier date, except, where any failures of such representations and warranties of the Seller, VEON Holdings, Kyivstar Group Ltd. and Merger Sub to be so true and correct, individually and in the aggregate, has not had a Group Material Adverse Effect; •each of the covenants of the Seller, VEON Holdings, Kyivstar Group Ltd. and Merger Sub to be performed or complied with as of or prior to the Closing pursuant to the Business Combination Agreement shall have been performed or complied with in all material respects; •subsequent to the execution of the Business Combination Agreement and prior to the Closing, no Group Material Adverse Effect shall have occurred; •delivery by VEON Holdings to Cohen Circle of a certificate signed by an authorized representative of VEON Holdings, dated as of the Closing, certifying that certain conditions specified in the Business Combination Agreement have been fulfilled; and •delivery by the Seller, VEON Holdings, Kyivstar Group Ltd. and Merger Sub, as applicable, to Cohen Circle executed copies of the transaction documents contemplated to be executed in connection with the Business Combination to which the Seller, VEON Holdings, Kyivstar Group Ltd. and Merger Sub are parties. Termination of the Business Combination Agreement The Business Combination Agreement may be terminated prior to the consummation of the Merger and the Business Combination thereby abandoned under certain customary and limited circumstances: •by mutual written agreement of Cohen Circle and VEON Holdings; •by either Cohen Circle or the Seller if the Closing has not occurred by September30, 2025 (which may be extended by up to 90 days under certain conditions); provided that such party shall not be entitled to terminate if such party’s action or failure to act has been a principal cause of or resulted in the failure of the Closing to occur on