Amsterdam, 26 June 2024: VEON Ltd. (Nasdaq: VEON, Euronext Amsterdam: VEON), a global digital operator that provides converged connectivity and online services, following the release of its 1Q24 trading update on 16 May 2024, today discloses unaudited interim condensed consolidated financial statements as of and for the three-month period ended 31 March 2024 (the "Financial Statements"). The Financial Statements are available on the VEON Group website at https://www.veon.com/investors/ VEON's financial stat ...

Amsterdam, 26 June 2024: VEON Ltd. (Nasdaq: VEON, Euronext Amsterdam: VEON), a global digital operator that provides converged connectivity and online services, following the release of its 1Q24 trading update on 16 May 2024, today discloses unaudited interim condensed consolidated financial statements as of and for the three-month period ended 31 March 2024 (the "Financial Statements"). The Financial Statements are available on the VEON Group website at https://www.veon.com/investors/ VEON's financial stat ...

Berlin and Kyiv, 10 June 2024: VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a global digital operator that provides converged connectivity and online services, announces that VEON, through its 100%-owned subsidiary Kyivstar, plans to increase its commitment to rebuild Ukraine's digital infrastructure to USD 1 billion over the five-year period from 2023 through 2027. This is an increase from the previously announced USD 600 million investment commitment for the three-year period between. The commitmen ...

Core Insights - VEON, through its subsidiary Kyivstar, plans to increase its investment in rebuilding Ukraine's digital infrastructure to USD 1 billion over five years from 2023 to 2027, up from a previous commitment of USD 600 million over three years [2] - The investment will focus on network and digital services, including potential acquisitions, new asset development, social contributions, and partnerships [2][4] - Kyivstar has been recognized as Ukraine's largest foreign investor in 2022 and 2023, with a capital expenditure of UAH 12.3 billion (approximately USD 350 million) over these two years [4] Investment and Infrastructure Development - Since February 24, 2022, Kyivstar has built 1,895 new LTE base stations and upgraded about 13,200 existing base stations to 4G, achieving 95% 4G coverage in territories controlled by Ukraine [5] - The operator aims for near-universal (98%) 4G coverage within the next two years and is expanding its high-speed GPON network to seven new cities in 2024 [5] - Kyivstar has invested UAH 1 billion (approximately USD 27.4 million) in energy resilience, installing over 2,300 generators and 113,000 batteries to maintain network operations during power infrastructure attacks [5] Digital Services and Community Support - Kyivstar invested in Helsi, Ukraine's leading digital healthcare platform, which has 2.5 million monthly active users and serves nearly 1,600 medical institutions [5] - The company supports local businesses through integration with Amazon Web Services and Microsoft Azure, and its Real-Time Kinematic technology is utilized in various professional applications [5] - Total customer support and CSR initiatives since February 2022 have amounted to USD 50 million, including significant contributions to Ukraine's demining efforts [5] Company Overview - VEON is a global digital operator providing services to nearly 160 million customers across six countries, with a focus on technology-driven services that promote economic growth [1] - Kyivstar, as the largest telecommunications operator in Ukraine, has maintained network availability above 90% over the past two years, supporting both its customers and the broader population [6]

Dubai and Amsterdam, 6 June 2024: VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a global digital operator that provides converged connectivity and online services ("VEON" or, together with its subsidiaries, the "Group"), today holds its Capital Markets Day ("CMD 2024"), sharing its medium-term financial and operational ambitions, as well as its growth strategy through 2027. Going forward, the Group aims to upstream dividends from all operating companies without restrictions, including from Ukraine, fo ...

Holders of approximately 97.9% of the VEON Ltd. shares were represented at the AGM. Shareholders ratified the appointment of PricewaterhouseCoopers Accountants N.V. for the audit of the Company's consolidated financial statements for the year ended December 31, 2023 in accordance with International Standards on Auditing. It was noted in the meeting that the Company had appointed UHY LLP for the audit of its 2023 consolidated financial statements in accordance with standards established by the Public Company ...

The table below details 4M24 and 4M23 revenues and EBITDA and YoY trends for the Group on a country-by- country basis: | USD million | | 4M24 4M23 | YoY | YoY | | --- | --- | --- | --- | --- | | (unaudited) | | | (reported) | (local currency) | | Total revenue | 1,278 | 1,178 | 8.6% | 12.9% | | Ukraine | 262 | 303 | (13.5%) | (8.8%) | | Pakistan | 435 | 355 | 22.3% | 28.8% | | Kazakhstan | 287 | 236 | 21.7% | 20.4% | | Bangladesh | 190 | 185 | 2.3% | 6.1% | | Uzbekistan | 89 | 84 | 5.2% | 16.0% | | Kyrgyzst ...

VEON discloses April YTD trading update at its AGM Amsterdam, 31 May 2024 07:00 CEST – VEON April YTD 2024 Highlights VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a global digital operator that provides converged connectivity and online services ("VEON or, together with its subsidiaries, the "Group") will report its key financial highlights for the first four months of 2024 ("4M24") at the Annual General Meeting of shareholders ("AGM") being held today. During the first four months of 2024, the Group ...

Core Viewpoint - VEON Ltd. has appointed UHY LLP as its independent registered public accounting firm for the audit of its consolidated financial statements for the year ended December 31, 2023, which is a significant step towards compliance with PCAOB standards following its exit from Russia [1][2][3]. Group 1: Appointment of Auditor - The appointment of UHY LLP clears a major hurdle for VEON in completing and submitting its 2023 annual report on Form 20-F [2][3]. - UHY LLP is a member of UHY International, a global network of independent accounting and consulting firms, ranked 19th among the largest international audit networks [5]. Group 2: Compliance and Governance - VEON has submitted a plan to regain compliance with Nasdaq listing rules after receiving a non-compliance notice due to the delay in filing its 2023 20-F [2][3]. - The company aims to achieve full compliance by the fourth quarter of 2024, pending Nasdaq's acceptance of its compliance plan [3]. Group 3: Company Overview - VEON is a global digital operator providing converged connectivity and digital services to nearly 160 million customers across six countries [6]. - The company is headquartered in Amsterdam and is listed on NASDAQ and Euronext [6].

Amsterdam, 29 May 2024 – VEON Ltd. (NASDAQ:VEON, Euronext Amsterdam: VEON))), a global digital operator that provides converged connectivity and online services, ("VEON" or the "Company" or, together with its subsidiaries, the "Group"), announces that it has appointed UHY LLP (UHY) as the independent registered public accounting firm for the audit of the Group's consolidated financial statements for the year ended December 31, 2023 in accordance with the standards established by the Public Company Accountin ...