Company: KYIV
Filing Date: 2025-09-05
Form Type: F-1
Source: 0001213900-25-085122
Chunk: 361

Company: Kyivstar Group Ltd.
Filing Date: 2025-09-05
Form: F-1
Chunk 361
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 statements
(in millions of U.S. dollars unless otherwise stated) 4SIGNIFICANT TRANSACTIONS (cont.) The accounting for the purchase of Uklon is provisional as the valuation of certain intangible and long -termassets, accounts payable, other assets and liabilities, and residual goodwill related to this acquisition is not complete. The fair values assigned to tangible and intangible assets acquired and liabilities assumed are preliminary based on management’s estimates and assumptions and may be subject to change as additional information is obtained within the measurement period (not to exceed 12 months from the acquisition date ending April 2, 2026). There were no further significant transactions during the six -monthand the three -monthperiod ended June 30, 2025, other than disclosed above and in Note 1. 5PROPERTY AND EQUIPMENT The following table summarizes the movement in the net book value of property and equipment for the six -monthperiod ended June 30:

|                                 |     | 2025 |   |     | 2024 |   |
| Balance as of January 1         |     |  624 |   |     |  597 |   |
| Acquisitions                    |     |    1 |   |     |    — |   |
| Additions                       |     |  187 |   |     |   95 |   |
| Depreciation                    |     |  (66 | ) |     |  (59 | ) |
| Impairment                      |     |   (4 | ) |     |   (2 | ) |
| Translation adjustment          |     |    6 |   |     |  (40 | ) |
| Transfers and reclassifications |     |    — |   |     |   (5 | ) |
| Disposals and write-off         |     |   (2 | ) |     |   (1 | ) |
| Balance as of June 30           |     |  746 |   |     |  585 |   |

6INTANGIBLE ASSETS The following table summarizes the movement in the net book value of intangible assets, including goodwill for the six -monthperiod ended June 30:

|                               |     | 2025 |   |     | 2024 |   |
| Balance as of January 1       |     |  297 |   |     |  272 |   |
| Acquisitions*                 |     |  160 |   |     |