Company: KYIV
Filing Date: 2025-07-22
Form Type: 424B3
Source: 0001213900-25-066705
Chunk: 571

Company: Kyivstar Group Ltd.
Filing Date: 2025-07-22
Form: 424B3
Chunk 571
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 following combined entities’ results of operations, assets and liabilities and cash flows that will remain with VEON Holdings after the demerger and form the entity subject to the aforementioned Transaction: VEON Holdings B.V. The interim condensed combined financial statements of the Company as a single economic entity reflecting the outcome of the pre -transactionReorganization. Kyivstar reflecting the Ukrainian business. The interim condensed combined financial statements of Kyivstar consist of the following four entities: •JSC Kyivstar (“ JSC Kyivstar”) being the parent company of Kyivstar and a 99.995% subsidiary of VEON Holdings B.V. (Netherlands) with a minority shareholder VEON Ltd. (Bermuda) holding the remaining 0.005% of JSC Kyivstar’s shares. •LLC Kyivstar Tech (“ Kyivstar.Tech”), being a 100% subsidiary of JSC Kyivstar. •Limited Liability Company Lan Trace (“ Lan Trace”), being a 100% subsidiary of JSC Kyivstar, acquired in September 2024. •Helsi Ukraine Limited Liability Company (“ Helsi Ukraine” or “ Helsi”), being a 69.99% subsidiary of JSC Kyivstar with minority shareholders. Collectively, VEON Holdings and Kyivstar included in these interim condensed combined financial statements are referred to as the “ Group” or “ we” or “ our” or “ VEON Group”. VEON Ltd. and all its subsidiaries, excluding VEON Group, are henceforth referred to as “ Wider VEON Group”, while Wider VEON Group including VEON Group is referred to as “ VEON”. The main operating company in Kyivstar is JSC Kyivstar. JSC Kyivstar was established and registered on September 3, 1997 under the laws of Ukraine. JSC Kyivstar’s registered legal address is at 53 Degtyarivska St. Kyiv 03113 Ukraine. JSC Kyivstar’s head office is located at the registered legal address and the principal place of JSC Kyivstar’s business is its registered legal address. JSC Kyivstar has a main office in Kyiv, Ukraine. F-92

VEON Holdings B.V.Notes to the interim condensed combined financial statements
(in millions of U.S. dollars unless otherwise stated) 1GENERAL INFORMATION (cont.) JSC Kyivstar provides mobile connectivity services on 2G, 3G and