Dubai, Kyiv and New York, April 29, 2026: VEON Ltd. (Nasdaq: VEON), a world virtual operator and the mum or dad corporate of Ukraine’s main virtual operator Kyivstar Crew Ltd. (Nasdaq: KYIV; KYIVW), as of late introduced that VEON and Kyivstar have fulfilled their 2023-2027 funding dedication to Ukraine forward of agenda, exceeding the corporations’ USD 1 billion funding dedication by means of 30%.
Kyivstar’s investments have involved in safeguarding and increasing Ukraine’s connectivity spine whilst improving resilience amid ongoing army war. Those investments incorporated the continuing growth and modernization of cell protection, the creation of Starlink Cellular direct-to-device satellite tv for pc connectivity, the speeded up deployment of prime‑pace fixed-line connectivity thru Kyivstar’s community and important investments in backup energy and effort‑resilience answers to handle provider continuity all through disruptions.
In parallel, Kyivstar deployed capital to amplify its virtual ecosystem thru strategic acquisitions. This incorporated the purchase of Uklon, Ukraine’s main trip‑hailing and supply platform; Tabletki.ua, one of the most nation’s most generally used virtual healthcare platforms for locating, evaluating and booking drugs national; and SUNVIN 11, a solar energy corporate representing Kyivstar’s first funding in renewable power and a strategic step towards higher power resilience. In combination, those belongings give a boost to Kyivstar’s place as a multi‑provider virtual operator whilst supporting Ukraine’s broader virtual and effort transformation.
“Completing this program early and above target underscores VEON’s and Kyivstar’s long‑term conviction in Ukraine and in the resilience of its people,” mentioned Kaan Terzioğlu, Leader Govt Officer of VEON. “From the outset, the commitment was about action, not symbolism. At a time of extraordinary challenge, Kyivstar has remained a key element of Ukraine’s digital infrastructure while also investing in the technologies and services that will support the country’s future recovery and growth. We are proud to have met our USD 1 billion investment commitment ahead of schedule and exceeded the initial amount, demonstrating that businesses in Ukraine can continue to deploy long‑term, responsible capital.”
“Keeping Ukrainians connected during wartime while continuing to build for the future is our core mission,” mentioned Oleksandr Komarov, CEO of Kyivstar. “We have invested in the network, energy resilience and digital platforms that serve millions of people and businesses every day. Delivering USD 1.3 billion in investments for our nation reflects the dedication of our teams and our confidence in Ukraine’s digital future.”
VEON and Kyivstar invested a complete of USD 1.3 billion between 2023 and April 2026, representing 130% of the corporations’ USD 1 billion funding dedication for the 2023-2027 length. The firms first of all introduced a three-year, USD 600 million dedication in 2023 and therefore broadened that right into a 5‑12 months, USD 1 billion program spanning connectivity, virtual products and services, power resilience, strategic acquisitions and social contributions.
About VEONVEON is a virtual operator that gives connectivity and virtual products and services to over 150 million connectivity and greater than 205 million virtual customers. Running throughout 5 international locations which might be house to greater than 6% of the sector’s inhabitants, VEON is reworking lives thru technology-driven products and services that empower folks and force financial enlargement. VEON is indexed on Nasdaq. For more info, talk over with: https://www.veon.com.
About Kyivstar Crew Ltd. Kyivstar Crew Ltd. (“Kyivstar”) is a Nasdaq-listed conserving corporate that operates JSC Kyivstar, Ukraine’s main virtual operator and the primary Ukrainian corporate to record on a U.S. inventory trade. Kyivstar’s firms supply a large vary of connectivity and virtual products and services, together with cell and fixed-line voice and information, ride-hailing, e-health, virtual TV and endeavor answers reminiscent of Large Knowledge, cloud and cybersecurity.
For more info, please talk over with https://buyers.kyivstar.ua.
Disclaimer
This press liberate accommodates “forward-looking statements,” because the word is outlined in Segment 27A of the U.S. Securities Act of 1933, as amended, and Segment 21E of the U.S. Securities Change Act of 1934, as amended. Such forward-looking statements come with, however don’t seem to be restricted to, statements in relation to, amongst different issues, Kyivstar Crew’s funding plans. There are a large number of dangers and uncertainties, a lot of Kyivstar can’t are expecting with accuracy and even look ahead to and which might purpose exact effects and function to range materially from the ones expressed by means of such statements, together with dangers in relation to Kyivstar’s funding plans, amongst others mentioned within the segment entitled “Risk Factors” incorporated within the Kyivstar’s annual record on Shape 20-F filed with the U.S. Securities and Change Fee (“SEC”) on March 16, 2026, as amended and supplemented every now and then, and in another next filings with the SEC by means of Kyivstar. Kyivstar disclaims any legal responsibility to replace or revise any forward-looking statements contained on this press liberate, as opposed to to the level required by means of acceptable regulation.
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