Company: KYIV
Filing Date: 2025-12-09
Form Type: F-1/A
Source: 0001213900-25-119722
Chunk: 209

Company: Kyivstar Group Ltd.
Filing Date: 2025-12-09
Form: F-1/A
Chunk 209
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 (on a fully diluted basis), as of prior to the Closing. In accordance with Kyivstar Group Ltd.’s Policy for Recovery of Erroneously Awarded Compensation adopted concurrently with the listing of the Kyivstar Group Ltd. Common Shares on Nasdaq, Kyivstar Group Ltd. is required to recover any portion of any LTIP award granted in excess of the LTIP award that would have been granted based on a restated financial reporting measure. To the extent that any existing VEON Holdings equity incentive plan entitles the management of Kyivstar Group Ltd. to receive awards, the existing equity incentive plan will remain valid. 124 DESCRIPTION OF SECURITIES The following summary of the material terms of our securities is not intended to be a complete summary of the rights and preferences of such securities, and is qualified by reference to our Memorandum of Association and our Bye -Laws , each of which is an exhibit to the registration statement of which this prospectus is a part. We urge you to read the applicable provisions of Bermuda, our Memorandum of Association and our Bye -Laws carefully and in their entirety for a complete description of the rights and preferences of our securities. General Kyivstar Group Ltd. is an exempted company limited by shares, incorporated under the Companies Act on March 7, 2025. Our registered office is located at Victoria Place, 31 Victoria Street, Hamilton HM10, Bermuda. Our registration number with the Registrar of Companies in Bermuda is 202504557. As set forth in our memorandum of association, Kyivstar Group Ltd. was formed with unrestricted business objects, with all the capacity, rights, powers and privileges of a natural person. Kyivstar Group Ltd. may issue Kyivstar Group Ltd. Common Shares from time to time. This description summarizes the material terms of the Kyivstar Group Ltd. Common Shares. Authorized Share Capital Kyivstar Group Ltd. was incorporated on March 7, 2025 with an authorized share capital of $2,000,000, divided into 2,000,000,000 Common Shares, with a nominal value of $0.001 each, all of which are designated as Common Shares. On June 13, 2025, the entire issued and unissued share capital of the Company was consolidated on a 10:1 basis into 200,000,000 Common Shares of nominal value $0.01, with no change to the $2,000,000 authorized share capital. On July 8,