Company: KYIV
Filing Date: 2025-06-05
Form Type: F-4
Source: 0001213900-25-051575
Chunk: 327

Company: Kyivstar Group Ltd.
Filing Date: 2025-06-05
Form: F-4
Chunk 327
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 |   |    4,094,242 |
| Total digital monthly active users |     |   |   10,291,620 |     |   |    7,743,958 |     |   |   10,572,761 |     |   |    8,159,305 |

172 Doubleplay 4G customers Doubleplay 4G customers are mobile customers who used both our voice and data services over 100 MB via 4G (LTE) technology at any time during the one month prior to such measurement date. Mobile ARPU Mobile ARPU measures the monthly average revenue per mobile user. We calculate Mobile ARPU by dividing our mobile service revenue (excluding guest roaming revenue, international interconnection revenue, revenue received from Ukraine Tower Company and revenue from Helsi and our big data and cloud services) during the relevant period by the average number of our mobile customers during the period and dividing by the number of months in that period. Prior to the year ended December31, 2024, all digital services revenue was included in the revenue used to calculate mobile ARPU. Mobile customers Mobile customers are customers in the registered customer base as of a given measurement date who engaged in a revenue -generatingactivity at any time during the three months prior to such measurement date. Such activity includes any outgoing calls, customer fee accruals, debits related to service, outgoing SMS and MMS, data transmission and receipt sessions, but does not include incoming calls, SMS and MMS or abandoned calls. Our total number of mobile customers also includes customers using mobile internet service via USB modems. Multiplay customers Multiplay customers are doubleplay 4G customers who also used one or more of our digital products at any time during the one month prior to such measurement date. Total digital monthly active users Total digital monthly active users (“MAU”) is a gross total cumulative MAU of applications offered. Under this metric, a single individual who is active in more than one application is counted as a separate MAU under each such application, such that the total digital MAUs may include individuals being counted more than once. Going Concern, Liquidity and Capital Resources Going Concern As of the date of this proxy statement/prospectus, most of our employees remain in Ukraine, while millions of people have fled Ukraine and the country has sustained significant damage to infrastructure and assets. The ongoing war in Ukraine, the sanctions imposed on Russia by various jurisdictions, counter sanctions and other legal and regulatory measures, as well as responses by our