Company: KYIV
Filing Date: 2025-09-30
Form Type: F-1/A
Source: 0001213900-25-093621
Chunk: 366

Company: Kyivstar Group Ltd.
Filing Date: 2025-09-30
Form: F-1/A
Chunk 366
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-119

Kyivstar Group Ltd. INTERIM CONDENSED CONSOLIDATED STATEMENT OF CHANGES IN EQUITY For the period from March 7, 2025 (inception) to June 30, 2025:

| (In U.S. dollars, unless otherwise stated) 
 Balance as of March 7, 2025 (inception)    |     | Note |     | No. of 
 shares 
      — |     | Issued share 
      capital 
            — |     | Total 
     — |
|:-------------------------------------------|:----|-----:|:----|-------:|:----|-------------:|:----|------:|
| Issuance of common shares*                 |     |    4 |     |     10 |     |         0.10 |     |  0.10 |
| Balance as of June 30, 2025                |     |      |     |     10 |     |         0.10 |     |  0.10 |

____________ *As disclosed in Note 4, 10:1 reverse share split was applied retrospectively. The accompanying notes are an integral part of these interim condensed consolidated financial statements.

F-120 Kyivstar Group Ltd.NOTES TO THE INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
FROM MARCH 7, 2025 (inception) to JUNE 30, 2025 1)GENERAL INFORMATION OF THE COMPANY Kyivstar Group Ltd. (the “Company”), an exempted company limited by shares, was incorporated under the laws of Bermuda with registration number 202504557, in Bermuda on March 7, 2025. The registered office of the Company is Victoria Place, 31 Victoria Street, Hamilton, HM10, Bermuda. The principal place of business is located at Index Towers (East Tower), Unit 1703, Dubai (DIFC), United Arab Emirates. The Company was formed for the purpose of becoming the ultimate parent company following the transactions contemplated in the business combination agreement, dated March 18, 2025 (the “Business Combination Agreement” or the “BCA”) by and among the Company, Cohen Circle Acquisition Corp. I (“CC” or “Cohen Circle”), a special purpose acquisition company, VEON Amsterdam B.V., VEON Holdings B.V., and Varna Merger Sub Corp. The Company maintains one direct wholly owned subsidiary, Varna Mer