Company: KYIV
Filing Date: 2025-06-24
Form Type: F-4/A
Source: 0001213900-25-057315
Chunk: 429

Company: Kyivstar Group Ltd.
Filing Date: 2025-06-24
Form: F-4/A
Chunk 429
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, pursuant to this agreement. For more information on the Ukraine Tower Company agreements, see “ Business of Kyivstar and Certain Information About Kyivstar — Ukraine Tower Company.” General Services Agreement On November21, 2018, we and VEON entered into a service agreement, pursuant to which VEON provides Kyivstar with a range of general support services, including technical and technology support, commercial operations, strategic planning, legal and regulatory advice, tax consulting, treasury operations and human resources services. This agreement 236 was effective through December31, 2023 and was extended until December31, 2028. Fees under the agreement were based on services provided. We did not pay anything under this agreement in the years ended December31, 2022, 2023 and 2024. In the year ended December31, 2024, we settled with VEON for approximately $2.6million using credit funds. Agency and Services Agreement On April23, 2020, we and VEON Wholesale Services B.V., a subsidiary of VEON, entered into a service agreement for international roaming and telecommunications services. The services provided by VEON Wholesale Services B.V. included managing roaming tariffs, negotiating and managing framework wholesale agreements and roaming agreements, providing technology management and consulting on retail roaming product development. This agreement was terminated March31, 2024. The cost for these services was determined quarterly based on a formula that considered our roaming costs and revenues, as well as those of the VEON. We did not pay anything under this agreement in the years ended December31, 2022, and 2023. In the year ended December31, 2024, we paid VEON approximately $4.4million pursuant to this agreement. 237

BENEFICIAL OWNERSHIP OF Kyivstar Group Ltd. SECURITIES The following table sets forth information regarding the beneficial ownership of Cohen Circle’s Ordinary Shares as of the date of this proxy statement/prospectus, by: •each person known by Cohen Circle to be the beneficial owner of 5% or more of issued and outstanding Cohen Circle Ordinary Shares; •each of Cohen Circle’s executive officers and directors; and •all of Cohen Circle’s executive officers and directors, as a group. Beneficial ownership for the purposes of the following table is determined in accordance with the rules and regulations of the SEC. A person is a “beneficial owner” of a security if that person has or shares “voting power,” which includes the power to vote or to