Company: KYIV
Filing Date: 2025-03-31
Form Type: DRS
Source: 0001213900-25-026261
Chunk: 81

Company: Kyivstar Group Ltd.
Filing Date: 2025-03-31
Form: DRS
Chunk 81
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 Our computation of Adjusted EBITDA may not be comparable to other similarly entitled measures computed by other companies. For additional information about Adjusted EBITDA, including a reconciliation of Adjusted EBITDA to the most directly comparable IFRS measure, see “ Kyivstar Management’s Discussion and Analysis of Financial Condition and Results of Operations of Kyivstar — Key Performance Indicators and Non -IFRS Financial Measures.” Summary Historical Consolidated Financial Information of Cohen Circle The following table shows summary historical financial information of Cohen Circle for the periods and as of the dates indicated. The summary historical financial information of Cohen Circle as of December 31, 2024 and 2023 and for the years ended December 31, 2024, 2023, and 2022 were derived from the audited historical financial statements of Cohen Circle included elsewhere in this proxy statement/prospectus. All amounts reflected below are in U.S. dollars. The following summary historical financial information should be read together with the financial statements and accompanying notes and “ Cohen Circle Management’s Discussion and Analysis of Financial Condition and Results of Operations” appearing elsewhere in this proxy statement/prospectus. The financial summary historical financial information in this section is not intended to replace Cohen Circle’s financial statements and the related notes. Cohen Circle’s historical results are not indicative of the combined company’s future results. As explained elsewhere in this proxy statement/prospectus, the financial information contained in this section relates to Cohen Circle, prior to and without giving pro forma effect to the impact of the Business Combination and, as a result, the results reflected in this section may not be indicative of the results of the combined entity following the Business Combination. See the sections entitled “ Summary to the Proxy Statement / Prospectus — Parties to the Business Combination — Cohen Circle” and “ Unaudited Pro Forma Condensed Combined Financial Information” included elsewhere in this proxy statement/prospectus.

17 Summary Unaudited Pro Forma Condensed Combined Financial Information The following unaudited pro forma condensed combined financial information provides additional information regarding the financial aspects of the Business Combination, including the related transactions that fall within the scope of the Business Combination. The following unaudited pro forma condensed combined financial information has been prepared in accordance with Article 11 of Regulation S-X as amended by the final rule, Release 33-10786 “Amendments to Financial Disclosures about Acquired and Disposed Businesses.” The unaudited pro forma condensed combined financial information presents the pro forma effects of the Business Combination. The summary