Company: KYIV
Filing Date: 2025-03-31
Form Type: DRS
Source: 0001213900-25-026261
Chunk: 489

Company: Kyivstar Group Ltd.
Filing Date: 2025-03-31
Form: DRS
Chunk 489
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 are included in Trade & other payables.

F-49

VEON Holdings B.V.
INVESTING ACTIVITIES OF THE GROUP (cont.) 10PROPERTY AND EQUIPMENT (cont.) Right-of -use assets and lease liabilities The Group leased telecommunications equipment, various buildings used to place the underlying constructions and office and other equipment. Rental contracts are typically made for fixed periods of 6 months to 7 years, although may have extensions. The following table summarizes the movement in the net book value of right -of -useassets ( “ROU”) for the year ended December 31:

| Net book value                   
 As of January 1, 2023            |     |              ROU – 
 Telecommunications 
          Equipment 
                199 |   |     |   ROU – Land, 
 Buildings and 
 Constructions 
             5 |   |     | ROU – Office 
    and Other 
    Equipment 
            1 |   |     | Total 
   205 |   |
|:---------------------------------|:----|-------------------:|:--|:----|--------------:|:--|:----|-------------:|:--|:----|------:|:--|
| Additions                        |     |                 94 |   |     |             4 |   |     |            4 |   |     |   102 |   |
| Disposals                        |     |                (13 | ) |     |             — |   |     |            — |   |     |   (13 | ) |
| Depreciation charge for the year |     |                (49 | ) |     |            (2 | ) |     |           (1 | ) |     |   (52 | ) |
| Impairment reversal              |     |                  1 |   |     |             — |   |     |            — |   |     |     1 |   |
| Translation adjustment           |     |                 (7 | ) |     |             — |   |     |           (1 | ) |     |    (8 | ) |
| As of December 31, 2023          |     |                225 |   |     |             7 |   |     |            3 |   |     |   235 |   |

The amount of additions during 2023 included US$19 of lease term reassessment. Right -of -useassets as of December 31, 202