Company: KYIV
Filing Date: 2025-07-22
Form Type: 424B3
Source: 0001213900-25-066705
Chunk: 62

Company: Kyivstar Group Ltd.
Filing Date: 2025-07-22
Form: 424B3
Chunk 62
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erger was consummated, as a result of which VEON Holdings transferred its interest in all other subsidiaries aside from JSC Kyivstar to one of two newly established entities by VEON. See “ Business of Kyivstar and Certain Information about Kyivstar — Recent Developments”for a description of the Demerger. The mailing address of VEON Holdings B.V.’s principal executive office is Claude Debussylaan88, 1082 MD, Amsterdam, the Netherlands. JSC Kyivstar JSC Kyivstar is a private joint -stockcompany incorporated in Ukraine on September3, 1997. JSC Kyivstar is a telecommunications and digital business, operating Ukraine’s leading provider of mobile communication by number of subscribers and broadband services by number of access lines, serving more than 23 million mobile customers and approximately 1.2 million home internet fixed line customers as of December 31, 2024. JSC Kyivstar provides services across a wide range of mobile and fixed line technologies, including 4G, big data, cloud solutions, cybersecurity, digital TV and more. JSC Kyivstar has been operating in Ukraine for more than 27 years. In the years ended December31, 2024 and 2023, JSC Kyivstar generated revenue of $919million and $915million, respectively, of which $897million and $904million, respectively, was attributable to revenue generated by our products and services outside of our digital services offerings ( i.e., mobile services, including voice, messaging and wireless internet access, and fixed -linetelecommunications services). 1 JSC Kyivstar provides several digital products and services, including: • Helsi— Helsi is a digital data management platform supporting the provision of healthcare services by medical institutions and doctors and improving patients’ access to healthcare, including by facilitating remote consultations and appointment bookings and storing medical data. In the year ended December31, 2024, Helsi generated $5.1million of revenue, compared to $3.6million in the year ended December31, 2023. • Kyivstar TV— Kyivstar TV, provided both as a mobile OTT internet application and a fixed/IPTV broadband service, is the largest media streaming service in Ukraine by number of users as of December31, 2024. In the year ended December31, 2024, Kyivstar TV generated $5.2million of revenue, compared to $2.