Company: KYIV
Filing Date: 2025-03-31
Form Type: DRS
Source: 0001213900-25-026261
Chunk: 113

Company: Kyivstar Group Ltd.
Filing Date: 2025-03-31
Form: DRS
Chunk 113
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 a controlling stake in Helsi Ukraine, one of Ukraine’s largest medical information systems and leading digital healthcare providers, which we continued to develop further in the years ended December 31, 2023 and 2024 as part of our digital growth strategy. While we are focused on organic growth opportunities, we have in the past engaged, and may continue to engage in the selective pursuit of acquisitions. Pursuing such acquisitions depends on, among other factors, identifying suitable acquisition or investment opportunities and successfully completing those transactions. Acquisitions involve numerous risks, any of which could adversely affect our business. These risks include difficulties in integrating the technologies, operations, existing contracts and personnel of an acquired company; challenges in supporting and transitioning employees, if any, of an acquired company; diversion of financial and management resources from existing operations or alternative acquisition opportunities; failure to realize the anticipated benefits or synergies of a transaction; failure to identify all problems, liabilities or other shortcomings of an acquired company or technology, including issues related to intellectual property, regulatory compliance practices, revenue recognition or other accounting practices, as well as employee or customer issues; risks associated with entering new markets or industries in which we have limited or no experience; potential loss of key colleagues, customers and suppliers from either our current business or the acquired company’s business; inability to generate sufficient revenue to offset acquisition costs; additional costs associated with funding the acquisition; and possible write -offsor impairment charges relating to acquired businesses. In addition, the growth of our business, including any future growth through acquisitions, could place significant demands on our management and operational and financial infrastructure. Managing growth has in the past and will in the future continue to require significant expenditure and allocation of management resources, as well as an expansion in headcount. If we fail to achieve the necessary level of efficiency as we continue to grow, there could be a material adverse effect on our business, financial condition and results of operations. Further, the onset of the war between Russia and Ukraine disrupted our strategic plans and diverted management’s attention from such initiatives while they focused and continue to focus on the impact the war between Russia and Ukraine had and continues to have on our business, including managing the sanctions and other challenges that arise as a result of the current sanctions regime. The continuation or escalation of the war in Ukraine and its indirect consequences may increase our need for prudent cash management and reduce our appetite for investments, which could adversely affect our business, financial condition, results of operations, cash flows or prospects. 35 Acquisitions may also increase our indebtedness, both through