Company: KYIV
Filing Date: 2025-08-15
Form Type: 20-F
Source: 0001213900-25-077507
Chunk: 12

Company: Kyivstar Group Ltd.
Filing Date: 2025-08-15
Form: 20-F
Item: Item 10
Chunk 12
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Item 10.  Additional Information
 A. Share Capital 
 
We are authorized to issue 265,430,000 PubCo common shares with a par value of $0.01 per share.
 
As of August 14, 2025, subsequent to the closing of the Transactions, there were 230,863,523 PubCo common shares outstanding. Additionally, there were 7,666,638 PubCo warrants outstanding, each of which entitle the holder to purchase one PubCo common share at an exercise price of $11.50 per share.
 
Information regarding our share capital is included in the Proxy Statement/Prospectus under the section titled “Description of Kyivstar Group Ltd. Securities” and is incorporated herein by reference.
 
 B. Memorandum of Association and Bye-Laws
 
Information regarding certain material provisions of the Memorandum of Association and Bye-Laws of PubCo is included in the Proxy Statement/Prospectus under the section titled “Description of Kyivstar Group Ltd. Securities” and is incorporated herein by reference.
 
 C. Material Contracts 
 
Information regarding certain material contracts is included in the Proxy Statement/Prospectus under the sections titled “Proposal No. 1—The Business Combination Proposal—The Business Combination Agreement”, which is incorporated herein by reference.
 
A description of the Master Lease Agreement and Framework Agreement, incorporated herein by reference as Exhibits 4.10 and 4.11, respectively, is included in the Proxy Statement/Prospectus under the section entitled “Kyivstar Relationships and Related Party Transactions—Ukraine Tower Company Agreements.”
 
 D. Exchange Controls 
 
In accordance with the General Permission of the Bermuda Monetary Authority as set out in the Notice to the Public of June 2005, there are currently no exchange control regulations in Bermuda applicable to us or our shareholders.
 
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 E. Taxation
 
Information regarding certain U.S. tax consequences of owning and disposing of PubCo common shares and PubCo warrants is included in the Proxy Statement/Prospectus under the section titled “Certain Tax Considerations” and is incorporated herein by reference.
 
 F. Dividends and Paying Agents 
 
PubCo has not paid any cash dividends on its equity securities to date. The payment of cash dividends in the future will be dependent upon the revenues and earnings, if any, capital requirements and general financial condition of PubCo. The payment of any cash dividends will be within the discretion of the PubCo Board. It is currently not expected that the PubCo