Company: KYIV
Filing Date: 2025-06-05
Form Type: F-4
Source: 0001213900-25-051575
Chunk: 66

Company: Kyivstar Group Ltd.
Filing Date: 2025-06-05
Form: F-4
Chunk 66
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1) |     |            7,666,667 |     |             — |     |            7,666,667 |     |             — |     |            7,666,667 |     |             — |
| Sponsors(2)(3)                             |     |            5,027,500 |     |    52,034,625 |     |            5,027,500 |     |    52,034,625 |     |            5,027,500 |     |    52,034,625 |

____________ (1)Represents the number of Kyivstar Group Ltd. Common Shares issuable upon exercise of Kyivstar Group Ltd. Warrants converted from the Cohen Circle Public Warrants. The Kyivstar Group Ltd. Warrants to be received by the holders of the Cohen Circle Public Warrants have zero initial cash value, as such Kyivstar Group Ltd. Warrants are expected to be out of the money on the Closing Date.

5 (2)Excludes 1,437,500 Vesting Securities that will not have vested as of the Closing Date. The Vesting Securities are subject to forfeiture if the applicable vesting conditions are not satisfied. (3)The Sponsors paid an aggregate of $25,000 for 7,905,000 Cohen Circle Class B Ordinary Shares, and the Sponsors and Cantor paid an aggregate of approximately $7,150,000 for 715,000 Cohen Circle Private Placement Units. On April 26, 2025, Cantor transferred its 270,000 Cohen Circle Private Placement Units to an affiliate of the Sponsors. In connection with the Closing, 2,155,000 Cohen Circle Class B Ordinary Shares and all of the private placement warrants underlying the Cohen Circle Private Placement Units held by the Sponsors will be surrendered and such shares and warrants shall be automatically cancelled without any conversion thereof or payment or other consideration therefor. Description of Kyivstar Group Ltd. Securities If the Business Combination is successfully completed, Kyivstar shareholders and Cohen Circle shareholders will become Kyivstar Group Ltd. shareholders, and their rights as Kyivstar Group Ltd. shareholders will be governed by Kyivstar Group Ltd.’s Governing Documents as of the Closing and Bermuda law. Please see the section entitled “ Description of Kyivstar Group Ltd. Securities” elsewhere in this proxy statement/prospectus for additional information. The Cohen Circle Board’s Reasons for Approval of the Business Combination After careful consideration,