Company: KYIV
Filing Date: 2025-03-31
Form Type: DRS
Source: 0001213900-25-026261
Chunk: 358

Company: Kyivstar Group Ltd.
Filing Date: 2025-03-31
Form: DRS
Chunk 358
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 operating officer decision maker (“CODM”), as well as the aggregate amount of other segment items included in the reported measure of segment profit or loss. The ASU requires that a public entity disclose the title and position of the CODM and an explanation of how the CODM uses the reported measure(s) of segment profit or loss in assessing segment performance and deciding how to allocate resources. Public entities will be required to provide all annual disclosures currently required by Topic 280 in interim periods, and entities with a single reportable segment are required to provide all the disclosures required by the amendments in this ASU and existing segment disclosures in Topic 280. This ASU is effective for fiscal years beginning after December 15, 2023, and interim periods within fiscal years beginning after December 15, 2024, with early adoption permitted. Cohen Circle management does not believe that any recently issued, but not yet effective, accounting standards, if currently adopted, would have a material effect on Cohen Circle’s financial statements. 193

MANAGEMENT OF Kyivstar Group Ltd. AFTER THE BUSINESS COMBINATION At Closing of the Business Combination, the number of directors of Kyivstar Group Ltd. will be six,of whom shall be independent directors. Pursuant to the Business Combination Agreement, the Seller is entitled to appoint up to six directors to serve on the Kyivstar Group Ltd. Board and Cohen Circle is entitled to identify one director. The following sets forth certain information concerning the persons who are expected to serve as Kyivstar Group Ltd.’s executive officers and directors following Closing of the Business Combination.

| Name                |     | Age |     | Position/Title          |
| Executive Officers: |     |     |     |                         |
| Kaan Terzioğlu      |     |  56 |     | Executive Chairman      |
| Boris Dolgushin     |     |  42 |     | Chief Financial Officer |
| Directors:          |     |     |     |                         |

Unless otherwise indicated, the business address of each director and executive officer is Index Tower (East Tower), Unit 1703, Dubai (DIFC). A description of the business experience and present position of each director and executive officer is provided below: Executive Officers Kaan Terzio ğ luhas been serving VEON Group as the Group Chief Executive Officer (“CEO”) since June 2021 and was appointed as a director of VEON Ltd. in June 2023. As the VEON Group CEO, Mr. Terz