Company: KYIV
Filing Date: 2025-09-05
Form Type: F-1
Source: 0001213900-25-085122
Chunk: 206

Company: Kyivstar Group Ltd.
Filing Date: 2025-09-05
Form: F-1
Chunk 206
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 to approval by the Kyivstar Group Ltd. Board, the Company intends to adopt a discretionary long -term, share -basedcompensation plan (the “LTIP”). The key objective of the LTIP is to align the interests of the Kyivstar Group Ltd. leadership team with the long -termsuccess of the Company and shareholders’ interests while also serving as a tool to incentivize and enhance retention among the leadership team. Eligible participants under the LTIP may include members of Kyivstar Group Ltd. management, Kyivstar Group Ltd. employees, certain members of the Kyivstar Group Ltd. Board and consultants of Kyivstar Group Ltd. and its subsidiaries. Beneficiaries under the LTIP will generally be granted equity awards pursuant to the terms and conditions of the LTIP and any applicable award agreement. The final eligibility of any beneficiary to participate in the applicable equity awards will be determined by the Kyivstar Group Ltd. Board (or a committee thereof) in its absolute discretion. The terms and conditions of LTIP and any applicable equity awards specify (without limitation) the following: (i)the structure of the award (whether it will be a performance award, retention award or deferred bonus award); (ii)whether the award shall be a nil or nominal cost -option, conditional share award or phantom cash award; (iii)the number and/or value of shares over which an award is granted; (iv)the date on which the award will normally vest and (in the case of options) become exercisable; (v)any objective criteria (including performance conditions) that will apply to any award; (vi)whether shares acquired on vesting or exercise shall be subject to a holding period; (vii)if a dividend equivalent (or similar) shall accrue and become payable on vested shares; (viii) the application of any malus and clawback provisions; and, (ix)the treatment of awards held by participants who cease to be employed or provide services to the Kyivstar Group Ltd. group of companies and on a takeover or change of control (or other similar event) of Kyivstar Group Ltd. The equity incentive plan initially reserves a number of Kyivstar Group Ltd. Common Shares equal to three percent (3%) of the total number of Kyivstar Group Ltd. Common Shares that were outstanding (on a fully diluted basis), as of prior to the Closing. In accordance with Kyivstar Group Ltd.’s Policy for Recovery of Erroneously Awarded Compensation