Company: KYIV
Filing Date: 2025-06-05
Form Type: F-4
Source: 0001213900-25-051575
Chunk: 263

Company: Kyivstar Group Ltd.
Filing Date: 2025-06-05
Form: F-4
Chunk 263
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000 Cohen Circle Class A Ordinary Shares for aggregate redemption payments of $119 million. The redemption price is calculated at a redemption price of $10.35 per Cohen Circle Class A Ordinary Share. The unaudited pro forma condensed combined statement of financial position reflects this payment as a reduction to cash and cash equivalents of $119 million with a corresponding decrease to issued capital. F3.The net assets of Cohen Circle in the maximum redemption scenario are calculated consistently with the no redemption scenario and also includes a reduction of cash totaling approximately $188 million, which represents the redemption of Cohen Circle Class A Ordinary Shares. Reflects the maximum redemption of 18,169,082 Cohen Circle Class A Ordinary Shares for aggregate redemption payments of approximately $188 million. The redemption price is calculated at a redemption price of $10.35 per Cohen Circle Class A Ordinary Share. The unaudited pro forma condensed combined statement of financial position reflects this payment as a reduction to cash and cash equivalents of $188 million with a corresponding decrease to issued capital. Cohen Circle fair value

| USD in millions, except share and per share data                                                         |     | Per Share 
 value     |       |     | Scenario 1 Assuming 
      No Redemptions 
              Shares |     | Fair  
 Value |     |   |     | Scenario 2 Assuming 
     50% Redemptions 
              Shares |     | Fair  
 Value |      |   |     | Scenario 3 Assuming 
 Maximum Redemptions 
              Shares |     | Fair  
 Value |      |   |
|:---------------------------------------------------------------------------------------------------------|:----|:----------|------:|:----|--------------------:|:----|:------|----:|:--|:----|--------------------:|:----|:------|-----:|:--|:----|--------------------:|:----|:------|-----:|:--|
| Class A*                                                                                                 |     | $         | 12.92 |     |          28,027,500 |     | $     | 362 |   |     |          16,527,500 |     | $     |  214 |   |     |           9,858,418 |     | $     |  127 |   |
| Vesting securities – Tranche 1                                                                           |     |           |  9.20 |     |             718,750 |     |       |   7 |   |     |             718,750 |     |       |    7