Company: KYIV
Filing Date: 2025-08-15
Form Type: 20-F
Source: 0001213900-25-077507
Chunk: 8

Company: Kyivstar Group Ltd.
Filing Date: 2025-08-15
Form: 20-F
Item: Item 7
Chunk 8
---
) and Cohen Circle Advisors, LLC (2,115,688), each of which is managed by Betsy Cohen. Ms. Cohen
                   disclaims beneficial ownership of these securities, except to the extent of her pecuniary interest therein.             
-------------------------------------------------------------------------------------------------------------------------------------------

(2)   Based on information provided to PubCo, such PubCo common shares represent (i) 10,000 PubCo common shares held directly by Augie Fabela 
       IRA and (ii) 23,000 PubCo common shares held in trust for which Mr. Fabela, as beneficiary and protector, shares voting and investment 
      power through a controlled investment advisor. As such, Mr. Fabela is deemed to have beneficial ownership over such PubCo common shares.
----------------------------------------------------------------------------------------------------------------------------------------------

(3)                   The board of directors of VEON Amsterdam B.V. have direct voting and disposition powers with respect to                 
       the securities owned by VEON Amsterdam B.V. As of the date of this report, the board of directors of VEON Amsterdam B.V. comprises the 
           following members: Kaan Terzioğlu (Chief Executive Officer of the VEON Group), Maciej Bogdan Wojtaszek (Deputy Chief Financial     
       Officer of the VEON Group) and Jameel Asghar (Chief People Officer of the VEON Group). As the sole shareholder of VEON Amsterdam B.V., 
      VEON Ltd. and its board of directors have indirect voting and disposition powers with respect to the securities owned by VEON Amsterdam 
      B.V. As of the date of the report, the board of directors of VEON Ltd. comprises the following members: Augie K Fabela II, Andrei Gusev,
                         Rt Hon Sir Brandon Lewis CBE, Duncan Perry, Michael R. Pompeo, Michiel Soeting and Kaan Terzioğlu.                   
----------------------------------------------------------------------------------------------------------------------------------------------
 B. Related Party Transactions 
 
Information regarding certain related party transactions is included in the Proxy Statement/Prospectus under the section titled “Kyivstar Relationships and Related Party Transactions” and is incorporated herein by reference.
 
In addition to the related party transactions noted in the Proxy Statement/Prospectus, the following sets forth certain additional related party transactions.
 
Agreement with Impact Investments LLC for Strategic Support and Board Advisory Services
 
On June 7, 2024, VEON Ltd., the direct parent company of the Seller, entered into a letter agreement as amended on August 1, 2024 (the “2024 Agreement”)