Company: KYIV
Filing Date: 2025-07-22
Form Type: 424B3
Source: 0001213900-25-066705
Chunk: 749

Company: Kyivstar Group Ltd.
Filing Date: 2025-07-22
Form: 424B3
Chunk 749
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STERDAM B.V., a private company with limited liability ( besloten vennootschap met beperkte aansprakelijkheid ) incorporated under Dutch law and registered with the Dutch Chamber of Commerce ( Kamer van Koophandel ) under number 34378904 (the “ Seller ”). Capitalized terms used herein without definition have the meanings set forth in the Business Combination Agreement (as defined below). RECITALS WHEREAS , concurrently with the execution and delivery of this Agreement, the Seller, the Company, New PubCo, the Merger Sub and the SPAC have entered into a business combination agreement dated as of the date hereof (the “ Business Combination Agreement ”), pursuant to which, among other matters, the Seller will sell the Company to New PubCo and the Merger Sub will be merged with and into the SPAC, on the terms and subject to the conditions set forth therein. WHEREAS , in connection with the consummation of the Transactions, 95% of the New PubCo Securities to be issued to the Seller at Closing in consideration for the sale of the Company to New PubCo will be subject to a lock-up (the “ Lock-up Securities ”), on the terms and subject to the conditions set forth in this Agreement. WHEREAS , as an inducement to the Sponsors to enter into the Business Combination Agreement and to consummate the Transactions, the parties hereto desire to agree to certain matters as set forth herein. NOW, THEREFORE , in consideration of the foregoing and the mutual agreements contained herein, and intending to be legally bound hereby, the parties hereto hereby agree as follows: Article I DEFINITIONS 1.1 Defined Terms . For purposes of this Agreement, the following capitalized terms have the following meanings: “ Adjustment Event ” shall have the meaning set forth in Section 4.1 . “ Business Combination Agreement ” shall have the meaning set forth in the Recitals. “ Liquidation Event ” means a liquidation, merger, capital stock exchange, reorganization, sale of all or substantially all assets or other similar transaction involving New PubCo. “ Lock-up ” shall have the meaning set forth in Section 2.1 . “ Lock-up Period ” shall have the meaning set forth in Section 2.1 . “ Lock-up Securities ” shall have the meaning set forth in the Recitals. “ New PubCo Securities ” shall mean the New PubCo Common Shares from time to time, together with any securities paid as dividends or distributions with respect to such securities