Company: KYIV
Filing Date: 2025-07-22
Form Type: 424B3
Source: 0001213900-25-066705
Chunk: 572

Company: Kyivstar Group Ltd.
Filing Date: 2025-07-22
Form: 424B3
Chunk 572
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4G/LTE networks. Kyivstar also offers voice and data services on fixed networks, including mobile and fixed converged services in consumer and business segments. Its digital portfolio includes Kyivstar TV, offered on IPTV platforms as well as mobile, self -careapplication MyKyivstar and consumer cloud offerings as well as B2B services. JSC Kyivstar’s direct shareholders and their respective declared interests, as of March 31, 2025 and 2024, were as follows:

| Name                             |     | Interest |   |     |  Number of 
     shares |
| VEON Holdings B.V. (Netherlands) |     |   99.995 | % |     | 13,094,562 |
| VEON Ltd. (Bermuda)              |     |    0.005 | % |     |        700 |
|                                  |     |  100.000 | % |     | 13,095,262 |

As of March 31, 2025, JSC Kyivstar had three subsidiaries — Helsi, Kyivstar.Tech and Lan Trace. Interest held by JSC Kyivstar in its principal subsidiaries as of March 31 is disclosed below:

|                     |     |     2025 |   |     |            |     |     2024 |   |     |            |
| Name                |     | Interest |   |     | Country of 
 operation  |     | Interest |   |     | Country of 
 operation  |
| LLC “Kyivstar.Tech” |     |  100.000 | % |     | Ukraine    |     |  100.000 | % |     | Ukraine    |
| LLC “Helsi Ukraine” |     |   69.990 | % |     | Ukraine    |     |   69.990 | % |     | Ukraine    |
| LLC “Lan Trace”     |     |  100.000 | % |     | Ukraine    |     |        — |   |     | —          |

In August 2022, JSC Kyivstar acquired a controlling share of Helsi Ukraine, an entity in the IT e -healthsector. Initial cash consideration paid for 69.99% share in Helsi Ukraine amounted to US$15. In September 2024, JSC Kyivstar entered into a share -purchaseagreement to acquire 100% of the equity interests