Company: KYIV
Filing Date: 2025-06-24
Form Type: F-4/A
Source: 0001213900-25-057315
Chunk: 306

Company: Kyivstar Group Ltd.
Filing Date: 2025-06-24
Form: F-4/A
Chunk 306
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 total number of employees as of December 31, 2024 exceeds the number at the beginning of the war, and we did not lose any key personnel as a result of the war, despite 95% of our employees being located in Ukraine. Nevertheless, we have developed internal procedures to manage the risk of mobilization of critical employees, and we continuously analyze personnel workloads in order to ensure continuity. We continue to support our employees both monetarily and in terms of lifestyle. For instance, since the outbreak of the war in February 2022, we have paid UAH 731 million ($21.5 million) to employees in emergency support, and we allow 77% of our employees to work in hybrid and remote capacities. In addition, parts of our offices prepared as emergency shelters, and we provide protective equipment, safety training and started a “Psychological Support During the War” program to support our employees’ mental health. 155

We have had flexible remote working arrangements since the start of the COVID -19pandemic. In the year ended December 31, 2024, we had a relatively low voluntary churn rate (calculated as the number of employees who resigned voluntarily relative to the total number of employees, excluding our call center, which relies on a high proportion of seasonal employees) of 6%, which remained steady from 6% in the year ended December31, 2023 and decreased slighly from 7% in the year ended December31, 2022.

|                    |     |        As of 
 December 31, 
         2022 |     |        As of 
 December 31, 
         2023 |     |        As of 
 December 31, 
         2024 |      |
|:-------------------|:----|-------------:|:----|-------------:|:----|-------------:|:-----|
| Kyivstar           |     |        3,463 |     |        3,225 |     |        3,325 |      |
| Helsi              |     |          157 |     |          231 |     |          230 |      |
| Kyivstar.Tech      |     |            3 |     |          471 |     |          561 |      |
| VEON Holdings B.V. |     |           13 |     |           12 |     |            8 |      |
| Total              |     |        3,636 |     |