Company: KYIV
Filing Date: 2025-04-18
Form Type: DRS
Source: 0001213900-25-033341
Chunk: 81

Company: Kyivstar Group Ltd.
Filing Date: 2025-04-18
Form: DRS
Chunk 81
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          (65 | ) |
| Profit for the period                         |     |          283 |   |     |          281 |   |

| USD in millions         |     |        As of 
 December 31, 
         2024 |   |     |        As of 
 December 31, 
         2023 |   |
|:------------------------|:----|-------------:|:--|:----|-------------:|:--|
| Non-current assets      |     |        1,001 |   |     |        1,279 |   |
| Current assets          |     |        1,208 |   |     |          704 |   |
| Net investment          |     |       (1,080 | ) |     |         (887 | ) |
| Non-current liabilities |     |         (242 | ) |     |         (831 | ) |
| Current liabilities     |     |         (887 | ) |     |         (265 | ) |

| USD in millions                              |     |   Year ended 
 December 31, 
         2024 |   |     |   Year ended 
 December 31, 
         2023 |   |
|:---------------------------------------------|:----|-------------:|:--|:----|-------------:|:--|
| Net cash generated from operating activities |     |          430 |   |     |          413 |   |
| Net cash used in investing activities        |     |         (132 | ) |     |         (327 | ) |
| Net cash used in financing activities        |     |          (37 | ) |     |          (88 | ) |
| Net change in cash and cash equivalents      |     |          261 |   |     |           (2 | ) |
| Net foreign exchange difference              |     |          (12 | ) |     |           (5 | ) |

Non-IFRS Financial Measures

| USD in millions |     |   Year ended 
 December 31, 
         2024 |     |   Year ended 
 December 31, 
         2023 |
|:----------------|:----|-------------:|:----|-------------:|
| Adjusted EBITDA |     |          515 |     |          538 |

We use Adjusted EBITDA, a non -IFRSfinancial measure, to supplement our consolidated financial statements, which are presented in accordance with IFRS. We use Adjusted