Company: KYIV
Filing Date: 2025-04-18
Form Type: DRS
Source: 0001213900-25-033341
Chunk: 183

Company: Kyivstar Group Ltd.
Filing Date: 2025-04-18
Form: DRS
Chunk 183
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ating distributions from the Trust Account and will be worthless if no business combination is effected by Cohen Circle by October 10, 2026, subject to up to two additional one -monthextensions pursuant to the Cohen Circle Articles. However, the Sponsors and the current officers and directors of Cohen Circle are entitled to liquidating distributions upon the liquidation of Cohen Circle with respect to any Public Shares they may own. Quorum and Required Vote for Proposals for the Extraordinary General Meeting A quorum of Cohen Circle shareholders is necessary to hold a valid meeting. A quorum will be present if one or more shareholders who together hold a majority of the outstanding shares of Cohen Circle Class A Ordinary Shares entitled to vote are present, virtually or represented by proxy, at the extraordinary general meeting. Abstentions will be counted as present for the purpose of determining a quorum but will not be treated as votes cast. A broker non -votewith respect to a matter occurs when a broker, bank or other institution or nominee holding shares on behalf of a beneficial owner has not received voting instructions from the beneficial owner on a particular proposal and does not have, or chooses not to exercise, discretionary authority to vote the shares on such proposals. Because a broker is not permitted to provide a proxy for your shares unless you provide your broker with voting instructions, such shares are not counted as present for quorum purposes nor would they be treated as votes cast. Cohen Circle does not expect any broker non -votesat the extraordinary general meeting because there are no routine proposals to be voted on at the extraordinary general meeting. The issued and outstanding Cohen Circle Class A Ordinary Shares held by the initial shareholders will be counted towards determining the presence of a quorum. In the absence of a quorum, the chairman of the extraordinary general meeting has the power to adjourn the extraordinary general meeting. As of the Record Date, Cohen Circle Class A Ordinary Shares would be required to achieve a quorum. The approval of each of the Business Combination Proposal and Adjournment Proposal requires the affirmative vote of at least a majority of the votes cast by the holders of the Cohen Circle Class A Ordinary Shares and Cohen Circle Class B Ordinary Shares, voting as a single class, present in person or represented by proxy at the extraordinary general meeting and entitled to vote. 73 Abstentions will be counted in connection with the determination of whether a valid quorum is established but will not be treated as votes cast. The Sponsors have agreed to vote its Founder Shares and any Public Shares purchased by it during or after the