Company: KYIV
Filing Date: 2025-03-31
Form Type: DRS
Source: 0001213900-25-026261
Chunk: 141

Company: Kyivstar Group Ltd.
Filing Date: 2025-03-31
Form: DRS
Chunk 141
---
 31, 2024, 5% of our employees have been drafted to the army. We make effort to maintain a balance between the necessity of mobilizing individuals into the Ukrainian army and ensuring the stability of our operations. In particular, we partially reserve key employees whose work is critically important to the company. However, we cannot exclude the risk of a larger number of company employees being mobilized at the request of the military office of Ukraine. While we have developed and, in some cases, implemented additional contingency plans to relocate work and/or personnel to other geographies and add new locations, as appropriate, our crisis management procedures, business continuity plans and disaster recovery capabilities may not be effective at preventing or mitigating the effects of a prolonged war. 50 Adoption of new accounting standards and regulatory reviews could affect reported results and financial position. Our accounting policies and methods are fundamental to how we record and report our financial condition and results of operations. Accounting standard -settingbodies, including the International Accounting Standards Board, may change accounting regulations that govern the preparation and presentation of our financial statements, and those who interpret the accounting standards, including the U.S. Securities and Exchange Commission (the “SEC”) may amend or even reverse their previous interpretations or positions on how various accounting standards should be applied. Those changes may be difficult to predict and could have a significant impact on the way we account for certain operations and present our financial position and operating income. In some instances, a modified standard or interpretation thereof, an outcome from a unfavorable regulatory review relating to our financial reporting or new requirement may have to be implemented with retrospective effect, which requires us to restate or make other changes to our previously issued financial statements and other financial information issued and such circumstances may involve the identification of one or more significant deficiencies or material weaknesses in our internal control over financial reporting, or may otherwise impact how we prepare and report our financial statements, and may impact future financial covenants in our financing documents. For more information on the impact of IFRS on our Audited Combined Financial Statements and on the implementation of new standards and interpretations issued, see Note 19 — S ignificant Accounting Policiesto our Audited Combined Financial Statements included elsewhere in this proxy statement/prospectus. Risks Related to Cohen Circle, the Business Combination and the Cohen Circle Shareholder Redemption Cohen Circle is a Cayman Islands exempted company limited by shares with no operating history and no revenues, and you have no basis on which to evaluate its ability to achieve its business objective. Cohen Circle is an exempted