Company: KYIV
Filing Date: 2025-06-05
Form Type: 425
Source: 0001213900-25-051631
Chunk: 28

Company: Kyivstar Group Ltd.
Filing Date: 2025-06-05
Form: 425
Chunk 28
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 13 (2) — — (Outflows) / Inflows on loans granted (150) 119 (65) — Inflow / (Investment) in financial assets 5 12 3 — Other proceeds from investing activities, net (327) (132) (103) (64) Net cash flows used in investing activities Financing activities (88) (29) (7) (8) Repayment of debt — (8) — (22) Investment in shares (88) (37) (7) (30) Net cash flows used in financing activities (2) 261 (27) 34 Net increase / (decrease) in cash and cash equivalents (5) (12) (3) 4 Net foreign exchange difference 432 425 425 674 Cash and cash equivalents at beginning of period 425 674 395 712 Cash and cash equivalents at end of period

Reconciliation of non - IFRS / non - GAAP financial metrics (1/2) 31 2023 2024 Q1’24 Q1’25 Q1’25 LTM 1 Profit to Adjusted EBITDA reconciliation 281 283 36 44 291 Profit for the period 65 64 9 14 69 Income taxes 346 347 45 58 360 Profit before tax 127 118 31 31 118 Depreciation 49 45 12 13 46 Amortization 1 3 1 2 4 Impairment reversal (2) 1 — — 1 (Loss) / gain on disposal of non - current assets 82 82 21 21 82 Finance costs (35) (40) (8) (7) (39) Finance income 8 (1) (1) 1 1 Other non - operating gain / (loss), net (38) (40) (8) 21 (11) Net foreign exchange gain 538 515 93 140 562 Adjusted EBITDA Notes: 1. Calculated as measures for 2024 minus corresponding measures for Q1’24 plus corresponding measures for Q1’25

Reconciliation of non - IFRS / non - GAAP financial metrics (2/2) 32 Notes: 1. Calculated as measures for 2024 minus corresponding measures for Q1’24 plus corresponding measures for Q1’25; Q1’25 Profit ma r