Company: KYIV
Filing Date: 2025-07-10
Form Type: F-4/A
Source: 0001213900-25-062760
Chunk: 398

Company: Kyivstar Group Ltd.
Filing Date: 2025-07-10
Form: F-4/A
Chunk 398
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 has the right to appoint one director to the Kyivstar Group Ltd. Board and the Seller has the right to appoint up to ten members of the Kyivstar Group Ltd. Board. See “ The Business Combination Agreement and Transaction Documents.” The anticipated director nominees are as follows: •Kaan Terzio ğlu, Serdar Çetin, Augie K. Fabela II, Rt Hon Sir Brandon Lewis CBE, Burak Ozer, Duncan Perry, Michael R. Pompeo, Dmytro Shymkiv and Michiel Soeting nominated by Seller; and •Betsy Z. Cohen nominated by Cohen Circle. 206 Committees of the Kyivstar Group Ltd. Board Audit and Risk Committee Following the listing of the Kyivstar Group Ltd. Common Shares on Nasdaq, Kyivstar Group Ltd.’s Audit and Risk Committee is expected to consist of Serdar Çetin, Duncan Perry and Michiel Soeting. Michiel Soeting is expected to serve as the chairperson of the Audit and Risk Committee. All members of Kyivstar Group Ltd.’s Audit and Risk Committee are expected to meet the requirements for financial literacy under the applicable rules and regulations of the SEC and the Nasdaq corporate governance rules. The Kyivstar Group Ltd. Board expects Michiel Soeting to serve as an “Audit Committee financial expert” as defined in applicable SEC rules and has the requisite financial experience as defined by the Nasdaq corporate governance rules. The Kyivstar Group Ltd. Board expects to determine that each proposed member of Kyivstar Group Ltd.’s Audit and Risk Committee is “independent” as such term is defined under the Nasdaq corporate governance rules and in Rule 10A -3(b)(1) under the Exchange Act. The Kyivstar Group Ltd. Board intends, prior to or concurrently with the listing of the Kyivstar Group Ltd. Common Shares on Nasdaq, to adopt a charter setting forth the responsibilities of the Audit and Risk Committee, which are consistent with Bermuda law, the SEC rules and the Nasdaq corporate governance rules and include: •the appointment, compensation, retention and oversight of the work of the independent auditor and any other registered public accounting firm engaged for the purpose of preparing or issuing an audit report or performing other audit services; •evaluating the independent auditor’s qualifications, performance and independence on at least an annual basis; •pre -approvingthe audit services and non -auditservices to be provided by the independent auditor before the firm is engaged to render such services