Company: KYIV
Filing Date: 2025-03-31
Form Type: DRS
Source: 0001213900-25-026261
Chunk: 70

Company: Kyivstar Group Ltd.
Filing Date: 2025-03-31
Form: DRS
Chunk 70
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’ liability insurance after the Business Combination; and (xiv) the fact that Kyivstar Group Ltd. will enter into a registration rights agreement with Cohen Circle’s initial shareholders, which provides for customary registration rights to them and their permitted transferees. Interests of Others in the Business Combination VEON Ltd. and the Seller and their respective directors and executive officers may have interests in the Business Combination that may be different from, or in addition to, the interest of Cohen Circle’s shareholders and Cohen Circle’s warrant holders generally. These interests include, among other things: (i)VEON Ltd., through the Seller, owns 100% of VEON Holdings and the Ukrainian Subsidiaries. Following the Closing, the Seller will receive Kyivstar Group Ltd. Common Shares to be issued and allotted by Kyivstar Group Ltd. on the Closing Date. VEON Ltd. and the Seller thus are expected to have control over Kyivstar Group Ltd., VEON Holdings and the Ukrainian Subsidiaries following the Closing of the Business Combination. See “ Risk Factors— Risks Related to our Relationship with VEON” for further information on how VEON Ltd. may exert its influence. 9 (ii)Certain members of VEON Ltd.’s board and senior management, including, will become directors and officers of Kyivstar Group Ltd.’s board of directors. For additional information on the proposed composition of Kyivstar Group Ltd.’s board of directors and senior management, see “ Management of Kyivstar Group Ltd. Following the Business Combination.” Redemption Rights Pursuant to the Cohen Circle Articles, a Public Shareholder may request that Cohen Circle redeem all or a portion of such Public Shareholder’s Public Shares for cash if the Business Combination is consummated. You will be entitled to receive cash for any Public Shares to be redeemed only if you: a)hold Public Shares; and b)prior to 5:00 p.m., Eastern Time, on, 2025 (two business days prior to the vote at the Cohen Circle EGM), (i) submit a written request to Continental Stock Transfer & Trust Company, Cohen Circle’s transfer agent (“Transfer Agent”) that Cohen Circle redeem your Public Shares for cash, and (ii) deliver your share certificates (if any) and other redemption forms to the transfer agent, physically or electronically through DTC. Public Shareholders may elect to redeem all or a portion of their Public Shares regardless of whether they vote for or against the Business Combination Proposal, the Merger Proposal or any