Company: KYIV
Filing Date: 2025-04-18
Form Type: DRS
Source: 0001213900-25-033341
Chunk: 452

Company: Kyivstar Group Ltd.
Filing Date: 2025-04-18
Form: DRS
Chunk 452
---
 income (loss) per Ordinary Share as the redemption value approximates fair value.

F-12

COHEN CIRCLE ACQUISITION CORP. I
NOTES TO FINANCIAL STATEMENTS
DECEMBER 31, 2024 NOTE 2 — SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (cont.) The calculation of diluted income (loss) per Ordinary Share does not consider the effect of the Warrants issued in connection with the (i) Initial Public Offering, (ii) the exercise of the over -allotmentoption and (iii) Private Placement, since the average price of the Ordinary Shares for the year ended December 31, 2024 was less than the exercise price and therefore, the inclusion of such Warrants under the Treasury stock method would be anti -dilutiveand the exercise is contingent upon the occurrence of future events.

|                                           |     | For the Year Ended December 31, 
 2024                            |           |     |                |           |     | 2023    |   |     |         |           |   |
|:------------------------------------------|:----|:--------------------------------|----------:|:----|:---------------|----------:|:----|:--------|:--|:----|:--------|----------:|:--|
|                                           |     | Class A                         
 redeemable                      |           |     | Class A and B  
 non-redeemable |           |     | Class A |   |     | Class B |           |   |
| Basic net income (loss) per common share  |     |                                 |           |     |                |           |     |         |   |     |         |           |   |
| Numerator:                                |     |                                 |           |     |                |           |     |         |   |     |         |           |   |
| Allocation of net income (loss)           |     | $                               |   843,428 |     | $              | 1,262,495 |     | $       | — |     | $       |  (377,628 | ) |
| Denominator:                              |     |                                 |           |     |                |           |     |         |   |     |         |           |   |
| Basic weighted average shares outstanding |     |                                 | 4,852,055 |     |                | 7,262,849 |     |         | — |     |         | 6,900,000 |