Company: KYIV
Filing Date: 2025-07-10
Form Type: F-4/A
Source: 0001213900-25-062760
Chunk: 95

Company: Kyivstar Group Ltd.
Filing Date: 2025-07-10
Form: F-4/A
Chunk 95
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us titled “ Unaudited Pro Forma Condensed Combined Financial Information;” •the accompanying notes to the unaudited pro forma condensed combined financial information; and •other financial information included elsewhere in this proxy statement/prospectus. The summary unaudited pro forma condensed combined financial information has been presented for informational purposes only and is not necessarily indicative of what actual results of operations or financial position would have been had the Business Combination taken place on the dates indicated, nor are they indicative of the future results of operations or financial position of the combined entities. The pro forma adjustments that give effect to the Business Combination and the related transactions are discussed in further detail in the footnotes to the unaudited pro forma condensed combined financial information included elsewhere in this proxy statement/prospectus. The summary unaudited pro forma condensed combined financial information has been prepared using the assumptions below with respect to the potential redemption of Cohen Circle Class A Ordinary Shares subject to possible redemption for cash: • Scenario 1 — Assuming No Redemptions. This presentation assumes that no Public Shareholders exercise redemption rights with respect to Cohen Circle Class A Ordinary Shares for a pro rata share of the funds in the Trust Account; • Scenario 2 — Assuming 50% Redemptions. This presentation assumes that Public Shareholders holding 11,500,000 Cohen Circle Class A Ordinary Shares will exercise their redemption rights for approximately $119million of funds in the Trust Account. • Scenario 3 — Assuming Maximum Redemptions. This presentation assumes that Public Shareholders holding 17,948,375 Cohen Circle Class A Ordinary Shares will exercise their redemption rights for approximately $186 million of funds held in the Trust Account, representing all Cohen Circle Class A Ordinary Shares that are not subject to non -redemptioncommitments pursuant to the Non -RedemptionAgreements.

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The following table summarizes the pro forma Kyivstar Group Ltd. Common Shares outstanding as of December31, 2024, under the three scenarios listed above. Further, we anticipate that, upon completion of the Business Combination, the approximate ownership interests of Kyivstar Group Ltd., will be as set forth in the table below: Summary of each scenario Equity Capitalization at Closing (1)

|                                                 |     | Scenario 1 Assuming 
      No Redemptions |     |        |   |     | Scenario 2 Assuming 
     50% Redemptions |     |        |   |     | Scenario 3 Assuming 
 Maximum Redemptions |     |        |   |
|                                                 |