Company: KYIV
Filing Date: 2025-04-18
Form Type: DRS
Source: 0001213900-25-033341
Chunk: 223

Company: Kyivstar Group Ltd.
Filing Date: 2025-04-18
Form: DRS
Chunk 223
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ing conditions are not satisfied. Representations and Warranties In the Business Combination Agreement, Cohen Circle made certain customary representations and warranties to the Seller, including, among others, representations and warranties related to the following: •corporate matters, including organization, good standing, and qualification; •capitalization; •authority and binding effect relative to execution and delivery of the Business Combination Agreement and other Transaction Documents. •no conflict; •compliance and governmental approvals; •SEC filings and financial statements; •absence of certain changes; •litigation and proceedings; •certain business activities; •material contracts; •title to property; •Nasdaq stock market quotation; •Trust Account; •taxes; •employees and employee benefit plans; •board approval and required shareholder vote;

96 •affiliate transactions; •brokers’ and similar fees; •investigation and reliance; and •disclaimer of other warranties. In the Business Combination Agreement, the Seller, VEON Holdings, Kyivstar Group Ltd., and Merger Sub made certain customary representations and warranties to Cohen Circle, including, among others, representations and warranties related to the following: •corporate matters, including organization, good standing, and qualification of VEON Holdings, the Group Companies, Kyivstar Group Ltd. and Merger Sub; •capitalization of VEON Holdings; •authority and binding effect relative to execution and delivery of the Business Combination Agreement and other Transaction Documents; •governmental filings, no conflict; •financial statements; •absence of certain changes or events; •data privacy and security; •real property, title to property; •assets; •employees; •compliance and governmental authorizations; •sanctions; anti -corruption, anti -moneylaundering laws and export control laws; •environmental matters; •litigation; •taxes; •unique suppliers; •material suppliers; •insurance; •material contracts; •brokers’ and similar fees; •affiliate agreements; and •disclaimer of other warranties. Material Adverse Effect Cohen Circle, the Seller, VEON Holdings, Kyivstar Group Ltd., and Merger Sub have qualified certain of their respective representations and warranties by a materiality or a material adverse effect standard. The Business Combination Agreement defines a “SPAC Material Adverse Effect,” with respect to Cohen Circle, as any event, change, development, state of fact, circumstance, occurrence or effect (any such item, an “Effect”), that, individually or in the aggregate, has, or