Company: KYIV
Filing Date: 2025-04-18
Form Type: DRS
Source: 0001213900-25-033341
Chunk: 285

Company: Kyivstar Group Ltd.
Filing Date: 2025-04-18
Form: DRS
Chunk 285
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2024, pursuant to which we obtained the following licenses on December 17, 2024:

| SPECTRUM BAND                                    |     | PRICE PAID             |
| 1940-1945/2130-2135 MHz in 24 regions of Ukraine |     | UAH        448,500,000 |
| 2355-2395 MHz in 25 regions of Ukraine           |     | UAH        994,880,000 |

We acquired new 15 -yearlicenses for the 2100 and 2300 MHz bands, for a total price of UAH 1,443.3 million ($34.7 million), paid to the State Budget. We applied to the NCEC for spectrum exchange to get solid spectrum in 2100 MHz. On January 27, 2025, the NCEC issued new spectrum licenses to approve spectrum exchange. As a result of the spectrum exchange, we received a new license for 2100 MHz, which is valid until March 2030 and will require prolongation after that date according to the procedure set up in the legislation. Although our spectrum can potentially be used for 5G upon receipt of approval from regulatory authorities, some services that are specific to 5G and our future capacity needs will eventually require us to obtain new spectrum.

143

Mobile Licenses The table below presents a description of RFS licenses relevant to our mobile business. Unless noted otherwise, we plan to apply for renewal of these licenses prior to their expiration. However, the spectrum needs of our operations and intentions may change. In the year ended December 31, 2024, we made spectrum and license payments as follows: annual fee for the use of radio frequency spectrum UAH 1,124.2 million ($27.9 million) (paid to the state budget); electromagnetic compatibility monitoring: UAH 433.9 million ($10.8 million) (paid to Ukrainian State Center of Radio Frequencies).

| Number of the current RFC                                                                                                                     
 license/description by radio technology                                                                                                       
 and standard                                                                                                                                  |     | Date of      
 issue of the 
 reissued     
 license      |     | Number of the reissued RFC                                                                                        
 license/description by radio                                                                                      
 technology and standard                                                                                           |     | Date of issue 
 (start of     
 validity) of  
 the initial   
 license       |     | Date of       
 expiration of 
 the license   |
| License 187. Cellular radio communication. International mobile connection IMT.