Company: KYIV
Filing Date: 2025-06-24
Form Type: F-4/A
Source: 0001213900-25-057315
Chunk: 299

Company: Kyivstar Group Ltd.
Filing Date: 2025-06-24
Form: F-4/A
Chunk 299
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, was adopted by the Parliament of Ukraine in the first reading on November20, 2024. The timing for its review in the second reading is currently unknown. Other EU-Ukraine Association Committee In April 2023, the EU -Ukraineassociation committee adopted certain changes to the EU -UkraineAssociation Agreement regarding the implementation of the EU’s Roam -Like - at-HomeRegulation. Implementation of the Association Agreement is expected to involve changes to Ukrainian legislation to introduce relevant EU rules and eliminate roaming charges for Ukrainians throughout the EU on an indefinite basis. Provision of Telecommunications Services MinDigital is currently proposing changes to certain rules regarding the provision of telecommunications services. Among the changes proposed is a prohibition on including a default provision in an operator’s terms of service that provides for the subscriber’s consent to receiving distributed advertising text messages which will apply to the distribution of non -telecommunicationsservices information. 151 Radio Frequency Spectrum Rent Increase On November 30, 2021, the Ukrainian Parliament adopted changes to the Tax Code of Ukraine, which, among other things, resulted in a 5% increase in RFS rent. Notwithstanding consistent advocacy efforts on behalf of Kyivstar and the telecommunications industry, the legislative changes were supported by the Ukrainian President and came into force on January 1, 2022. Rates for 2023 remained unchanged, at the level of 2022. In 2024, due to sharp need in financing of Ukrainian Armed Forces the following tax changes were set in force: from July 1, 2024, the rent rates were increased by 17%, and decreasing coefficient applied to rent rates was abolished from September 1, 2024. The relevant increasing coefficients are set to remain until the end of martial law. Ukraine energy resilience regulation On July15, 2024, the NCU adopted the Resolution, which requires MNOs to be able to restore at least 25% of their networks using generators for the first 72 hours following a blackout, and to restore 100% of their networks using battery power for at least 10 hours in the event of a blackout by February1, 2025. The consequences of non -compliancemay include penalties, and the fine can be up to 0.3% of mobile service revenue for the previous fiscal year per violation. Digital Content and Digital Services Law In order to align providing digital services law with EU standards (in particular with EU Directive 2019/770), the Law 3321 -IX“