Company: KYIV
Filing Date: 2025-12-09
Form Type: F-1/A
Source: 0001213900-25-119722
Chunk: 19

Company: Kyivstar Group Ltd.
Filing Date: 2025-12-09
Form: F-1/A
Chunk 19
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. In the year ended December 31, 2024, Kyivstar.Tech generated $24.2 million of revenue ($24.0 million of which was attributable to intra -Pre-BusinessCombination Kyivstar Group companies), compared to $19.4 million ($19.3 million of which was attributable to intra -Pre-BusinessCombination Kyivstar Group companies) in the year ended December 31, 2023. Our commitment to strategic growth continued with our acquisition of Lan Trace, a regional fixed broadband provider, for $2 million in September 2024. In April 2025, we acquired 97% of the shares in Uklon, a ride -hailingand delivery platform, for approximately $158 million. See “— Recent Developments.” Corporate Information The following diagram depicts the simplified organizational structure of Kyivstar Group Ltd. and its subsidiaries. 2 Kyivstar Group Ltd. is an exempted company limited by shares incorporated in Bermuda on March 7, 2025. Kyivstar Group Ltd. was formed for the sole purpose of effectuating the Transactions contemplated by the Business Combination Agreement, including the acquisition by Kyivstar Group Ltd. of all issued and outstanding equity of VEON Holdings, the direct parent company of JSC Kyivstar, and the merger of Merger Sub with Cohen Circle. The Transactions were consummated on August14, 2025. Prior to the Transactions, Kyivstar Group Ltd. had no material assets and did not conduct any material activities other than those incidental to its formation, the incorporation of the Merger Sub and the Business Combination. Upon Closing of the Transactions, Kyivstar Group Ltd. became the parent of VEON Holdings B.V., which is the immediate parent of JSC Kyivstar, our main operating company, and its subsidiaries. The Kyivstar Group Ltd. Common Shares and Kyivstar Group Ltd. Warrants are listed on Nasdaq under the symbols “KYIV” and “KYIVW,” respectively. The mailing address of Kyivstar Group Ltd. is Unit 517, Level5, Index Tower, Dubai International Financial Centre (DIFC), United Arab Emirates, and the telephone number is +97 4 433 1145. The website of Kyivstar Group Ltd. is: https://investors.kyivstar.ua. The information contained on, or that may be accessed through, our website is not part of, and is not incorporated into, this prospectus