Company: KYIV
Filing Date: 2025-04-18
Form Type: DRS
Source: 0001213900-25-033341
Chunk: 315

Company: Kyivstar Group Ltd.
Filing Date: 2025-04-18
Form: DRS
Chunk 315
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 December 31, 2023 to $915 for the year ended December 31, 2024. This increase was driven by data and digital consumption growth and subscriber base modernization initiatives.

|                         |     | For the year ended 
        December 31 
               2024 |     | 2023 |
|:------------------------|:----|-------------------:|:----|-----:|
|                         |     |   -USD in millions |     |      |
| Service revenue         |     |                915 |     |  911 |
| Mobile                  |     |                865 |     |  859 |
| Fixed                   |     |                 50 |     |   52 |
| Other revenue           |     |                  4 |     |    4 |
| Total operating revenue |     |                919 |     |  915 |

162 Mobile service revenue includes postpaid (contract) and prepaid customer airtime charges, roaming and value -addedservices, such as messaging, mobile internet and data services. Mobile service revenue increased by $6million, or 0.7%, from $859 million for the year ended December 31, 2023 to $865 for the year ended December 31, 2024. This increase was driven by data and digital consumption growth and subscriber base modernization initiatives. Fixed service revenue includes fixed -termtariff plans and monthly subscriptions. Fixed service revenue decreased by $2million, or 3.8%, from $52 million for the year ended December 31, 2023 to $50million for the year ended December 31, 2024. This decrease was driven by foreign exchange rate effects due to UAH devaluation, as mobile revenue increased in local currency. Other revenue Other revenues remained at $4 million for the years ended December 31, 2023 and 2024, which was driven by rental revenue and sale of equipment. Total operating revenue Total operating revenue increased by $4million, or 0.4%, from $915 million for the year ended December 31, 2023 to $919million for the year ended December 31, 2024. This increase was driven by data and digital consumption growth and subscriber base modernization initiatives. Other operating income Other operating income remained at $1 million for the years ended December 31, 2023 and 2024, which was driven by transactions with entities under common control and income from penalties. Service costs Service costs increased