Company: KYIV
Filing Date: 2025-06-05
Form Type: 425
Source: 0001213900-25-051631
Chunk: 14

Company: Kyivstar Group Ltd.
Filing Date: 2025-06-05
Form: 425
Chunk 14
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1 broadband provider in Ukraine 2 with over 1.1m subscribers 47% estimated market share by number of subscribers 3 47% 14% estimated market share by number of subscribers in fragmented market 4 14% 2 m registered users 29 m + registered patients Cloud : 500+ B2B clients Adwisor (adtech platform): ~2k clients Source: VEON, Kyivstar Notes: 1. IoT – Internet of Things 2. As of December 31, 2024 3. Market share for 2024 (end of period 2024) based on number of subscribers across Ukrainian Mobile Network Operators (mobile segment); Kyivstar estimates based on public information 4. Market share for 2024 (average across Q1 - Q4 2024); Kyivstar estimates based on public information; based on number of access lines 5. Based on number of individuals with files registered in the app as of January 1, 2025; Kyivstar’s equity stake in Helsi comprises 98% as of end - May 2025

Why do we win? Technological leadership and complementary product offerings reinforce Kyivstar’s market leadership 2024 : Agreement with Starlink to introduce ground - breaking direct - to - cell satellite connectivity in Ukraine Continued focus and investment in network quality KPI 2024 Kyivstar recent network initiatives Complementary portfolio of B2B and B2C products and services Mobile (domestic, roaming, data) Fixed broadband + “Superpowers“ (Kyivstar TV, voice/data, roaming, social media, VOD offerings) 2 + High value offerings to our subscribers across a variety of bundles 1 2 2024 : Spectrum frequencies acquisition (2x5 MHz in 2100 MHz and 40 MHz in 2300 MHz band) at auction Source: VEON, Kyivstar Notes: 1. PoPs – Points of presence (unique physical location where RAN network equipment placed ) 2. Services Kyivstar subscribers can select free of charge based on their paid plans LTE population coverage 

# mobile PoPs 1 # fixed line subscribers 96% 15.5k 1.1m 8 STARLINK
2.1 3.1 3.5 4.1 6.1 4.3 6.1 2020 2021 2022 2023 2024 Q1'