Company: KYIV
Filing Date: 2025-04-18
Form Type: DRS
Source: 0001213900-25-033341
Chunk: 44

Company: Kyivstar Group Ltd.
Filing Date: 2025-04-18
Form: DRS
Chunk 44
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 A:The parties anticipate that, following the Business Combination, the Kyivstar Group Ltd. Common Shares and Kyivstar Group Ltd. Warrants will be listed on Nasdaq under the symbols “KYIV” and “KYIVW,” respectively, and Cohen Circle Units, Cohen Circle Class A Ordinary Shares and Cohen Circle Warrants will cease trading on Nasdaq and will be deregistered under the Exchange Act. Q: What are broker non -votes and what will be the effects of broker non -votes and abstentions? A:Brokers or other nominee holders who hold shares in “street name” for a beneficial owner of those shares typically have the authority to vote in their discretion on “routine” proposals when they have not received instructions from beneficial owners. However, they are not allowed to exercise their voting discretion with respect to the approval of matters that are considered “non -routine” matters without specific voting instructions from the beneficial owner. These non -votedshares are referred to as “broker non -votes.” All of the proposals to be presented at the Cohen Circle EGM, other than the Adjournment Proposal, are considered “non -routine” matters. Accordingly, if you are a Cohen Circle shareholder holding your shares in “street name” and you do not instruct your broker, bank or other nominee on how to vote your shares, your broker, bank or other nominee cannot vote your shares on the Business Combination Proposal and the Merger Proposal. An abstention or broker non -votewill be counted towards the quorum requirement but will not count as a vote cast at the Cohen Circle EGM. Since abstentions and broker non -votesare not counted as votes cast, abstentions and broker non -voteswill have no effect on the outcome of the votes on the Business Combination Proposal and the Merger Proposal. The Adjournment Proposal requires the affirmative vote (in person or by proxy) of holders of a majority of the outstanding shares of Cohen Circle Class A Ordinary Shares and Cohen Circle Class B Ordinary Shares that are entitled to vote and are voted at the extraordinary general meeting, voting as a single class. Broker non -votesand abstentions will have no effect on the outcome of the vote on the Adjournment Proposal. Q: What vote is required to approve the proposals presented at the Cohen Circle EGM? A:The following votes are required for each proposal at the Cohen Circle EGM: • The Business Combination Proposal:The Business Combination Proposal requires an ordinary resolution under the Cohen Circle Articles, being the affirmative vote of at