Company: KYIV
Filing Date: 2025-06-24
Form Type: F-4/A
Source: 0001213900-25-057315
Chunk: 417

Company: Kyivstar Group Ltd.
Filing Date: 2025-06-24
Form: F-4/A
Chunk 417
---
 of Cohen Circle Class A Ordinary Shares are not entitled to vote on the election of directors during such time. In addition, prior to the completion of the Business Combination, holders of a majority of the outstanding shares of Cohen Circle Class B Ordinary Shares may remove a member of the board of directors. With respect to any other matter submitted to a vote of Cohen Circle shareholders, including any vote in connection with its initial business combination, holders of shares of Cohen Circle Class A Ordinary Shares and holders of shares of Cohen Circle Class B Ordinary Shares will vote together as a single class, except as required by law. Each share of Cohen Circle Ordinary Shares will have one vote on all such matters. |     | The Kyivstar Group Ltd. Bye-laws provide that each Kyivstar Group Ltd. Common Share carries one right to vote, save for the election of Kyivstar Group Ltd. directors, where cumulative voting applies.                                                                                                                                                                                                                                                                                                                                        
 For the election of Kyivstar Group Ltd. directors at the annual general meeting of Kyivstar Group Ltd. each Kyivstar Group Ltd. Common Share confers on its holder a total number of votes which is equal to the total number of directors to be elected and which the holder may cast for candidates in any proportion (including, without limitation, casting all votes for a single candidate.                                                                                                                                              
 At any general meeting of the holders of Kyivstar Group Ltd. Common Shares, two or more persons present in person (including by electronic means) at the start of the meeting and having the right to attend and vote at the meeting and holding or representing in person or by proxy at least fifty percent (50%) (or thirty-three and two-thirds percent (33²⁄₃%) at any adjourned meeting) of the total issued Kyivstar Group Ltd. Common Shares at the relevant time shall form a quorum for the transaction of business at such meeting. |

222

| Rights of Cohen Circle Shareholders                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |     | Rights of Kyivstar Group Ltd. Shareholders                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
| The presence, in person, online or by proxy, at a shareholders meeting of Cohen Circle of shareholders who together hold a majority of the outstanding shares of Cohen Circle Ordinary Shares entitled to vote at such meeting constitutes a quorum for the transaction of business at such meeting. At all meetings of shareholders at which a quorum is present, the election of directors is determined by a plurality of the votes cast by the shareholders present in person or represented by proxy