Company: KYIV
Filing Date: 2025-07-17
Form Type: F-4/A
Source: 0001213900-25-064873
Chunk: 590

Company: Kyivstar Group Ltd.
Filing Date: 2025-07-17
Form: F-4/A
Chunk 590
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 procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the consolidated financial statements. Our audit also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the consolidated financial statements. We believe that our audit provides a reasonable basis for our opinion. /s/ UHY LLP We have served as the Company’s auditor since 2025. Melville, New York
April 17, 2025, except for Note5, as to which the date is July9, 2025 F-107

Kyivstar Group Ltd. CONSOLIDATED STATEMENT OF FINANCIAL POSITION as of March 31

| (In U.S. dollars)                      |     | Note |     | 2025 |
| Assets                                 |     |      |     |      |
| Other current assets – related parties |     |    3 |     | 0.10 |
| Total assets                           |     |      |     | 0.10 |
| Equity                                 |     |      |     |      |
| Issued capital                         |     |    4 |     | 0.10 |
| Total equity                           |     |      |     | 0.10 |
| Liabilities                            |     |      |     |    — |
| Total equity and liabilities           |     |      |     | 0.10 |

The accompanying notes are an integral part of these consolidated financial statements.

F-108

Kyivstar Group Ltd. CONSOLIDATED STATEMENT OF CHANGES IN EQUITY For the period from March 7, 2025 (inception) to March 31, 2025:

| (In U.S. dollars, unless otherwise stated) 
 Balance as of March 7, 2025 (inception)    |     | Note |     | No. of 
 shares 
      — |     | Issued share 
      capital 
            — |     | Total 
     — |
|:-------------------------------------------|:----|-----:|:----|-------:|:----|-------------:|:----|------:|
| Issuance of common shares                  |     |    4 |     |    100 |     |         0.10 |     |  0.10 |
| Balance as of March 31, 2025               |     |      |     |    100 |     |         0.