Company: KYIV
Filing Date: 2025-06-05
Form Type: 425
Source: 0001213900-25-051631
Chunk: 26

Company: Kyivstar Group Ltd.
Filing Date: 2025-06-05
Form: 425
Chunk 26
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284) (305) (69) (91) Selling, general and administrative expenses (127) (118) (31) (31) Depreciation (49) (45) (12) (13) Amortization (1) (3) (1) (2) Impairment, net 2 (1) - - (Loss) / gain on disposal of non - current assets 363 348 49 94 Operating profit (82) (82) (21) (21) Finance costs 35 40 8 7 Finance income (8) 1 1 (1) Other non - operating gain / (loss), net 38 40 8 (21) Net foreign exchange gain 346 347 45 58 Profit before tax (65) (64) (9) (14) Income taxes 281 283 36 44 Profit for the period

Combined statement of financial position (1/2) 27 December 31, 2023 December 31, 2024 March 31, 2025 (In millions of U.S. dollars) Assets Non - current assets 597 624 703 Property and equipment 272 297 297 Intangible assets 343 - - Loan receivable from VEON Amsterdam 67 80 61 Other assets 1,279 1,001 1,061 Total non - current assets Current assets 4 3 3 Inventories 55 40 38 Trade and other receivables - 363 369 Loan receivable from VEON Amsterdam - 8 - Other financial assets - VEON Ltd. shares - - 32 Receivable from VEON Amsterdam B.V. 207 94 105 Investments and derivatives 13 26 32 Other assets 425 674 712 Cash and cash equivalents 704 1,208 1,291 Total current assets 1,983 2,209 2,352 Total assets

Combined statement of financial position (2/2) 28 December 31, 2023 December 31, 2024 March 31, 2025 (In millions of U.S. dollars) Net investment and liabilities Net investment 887 1,080 1,141 Net investment attributable to equity owners of the parent 887 1,080 1,141 Total net investment Non - current liabilities 815 225 252 Debt and derivatives 3 4 6 Provisions 5 6 6 Deferred