Amsterdam, 12 September 2024 – VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a global digital operator that provides converged connectivity and online services, announces the vesting of a conditional incentive award (the "Conditional Award") to its Group Chief Executive Officer, Kaan Terzioglu. This Conditional Award was made under VEON's 2021 Long Term Incentive Plan ("LTIP"). Award Details and Vesting Conditions On 10 January 2024, Kaan Terzioglu was granted a Conditional Award under the LTIP, compr ...

Core Viewpoint - VEON Ltd. has released its unaudited interim condensed consolidated financial statements for the six-month period ended June 30, 2024, along with its interim report, following its 2Q24 trading update [1][2]. Company Overview - VEON is a global digital operator providing converged connectivity and digital services to nearly 160 million customers across six countries, representing over 7% of the world's population [3]. - The company is headquartered in Amsterdam and is listed on both Nasdaq and Euronext [3]. Financial Reporting - The financial statements are prepared in accordance with International Financial Reporting Standards (IFRS) based on internal management reporting and have not been externally audited [4]. - The interim report includes current risk factors to help investors understand the risks facing VEON and how the company manages those risks [2].

Core Points - VEON Ltd. announces the launch of We Live Here 2.0, a fundraising campaign aimed at supporting the demining of Ukrainian territory in collaboration with the Come Back Alive Foundation and the Ministry of Economy of Ukraine [1][2] - The campaign aims to raise UAH 100 million (approximately USD 2.4 million) to supply minesweepers with Ukrainian-made robotics, vehicles, and communication tools, with VEON's Kyivstar contributing UAH 30 million [2][3] - The first stage of the initiative raised over UAH 180 million (USD 4.8 million) to support 146 engineering and minesweeping groups [2][3] Company Initiatives - VEON and Kyivstar are committed to the recovery and rebuilding of Ukraine, with the second phase of the demining project building on the success of the initial campaign [3] - Kyivstar emphasizes the importance of demining for making liberated territories safe and accessible, and aims to enhance the efficiency and safety of minesweepers through innovative technologies [4][5] - The campaign encourages other Ukrainian businesses to participate and has established user-friendly payment systems for global donations [4] Operational Context - Approximately 150,000 km² of Ukrainian territory requires demining, and the initiative aims to provide minesweepers with essential equipment for safer operations [5] - Kyivstar is the largest telecommunications operator in Ukraine, with 24 million mobile subscribers and over 1.1 million home internet subscribers, maintaining network availability above 90% [6] - VEON operates across six countries, serving nearly 160 million customers and focusing on technology-driven services that promote economic growth [7]

Core Insights - VEON reported Q2 2024 revenue of USD 1,026 million, reflecting a 12.1% year-over-year increase in reported currency and a 15.1% increase in local currency [1][2] - EBITDA for Q2 2024 was USD 459 million, representing a 10.6% year-over-year increase in reported currency and a 13.9% increase in local currency [1][2] - Direct digital revenue reached USD 108 million, marking an 83.3% year-over-year increase in reported currency and 81.4% in local currency [1][2] - The company maintained its FY 2024 revenue growth guidance of 16-18% and EBITDA growth guidance of 18-20%, both in local currency [3][4] Financial Performance - Total service revenues for Q2 2024 were USD 987 million, up 11.3% year-over-year in reported currency and 14.5% in local currency [2] - Capex for Q2 2024 was USD 181 million, a 5.8% increase year-over-year, with a capex intensity of 18.0% over the last twelve months [1][2] - Total cash and cash equivalents as of June 30, 2024, were USD 722 million, with USD 375 million held at headquarters [2] Digital Services Growth - Direct digital revenues exceeded 10% of total revenues, growing 77% year-on-year [4] - Digital services are contributing to topline growth through various channels including interest income, advertising revenues, subscription services, platform commissions, and pay-per-view revenues [5] Strategic Outlook - The company expressed optimism about its growth trajectory, emphasizing enhanced customer engagement through superior digital experiences and advanced technologies like artificial intelligence [6]

VEON 2Q24 Trading Update: Double-Digit USD Growth, Robust Operational Execution, Confirming Full Year Guidance Amsterdam, 8 August 2024 07:00AM CEST VEON Q2 2024 Highlights Q2 revenue of USD 1,026 million, +12.1% YoY (+15.1% YoY in local currency) and EBITDA of USD 459 million, +10.6% YoY (+13.9% YoY in local currency) Q2 direct digital revenue of USD 108 million, +83.3% YoY (+81.4% YoY in local currency) Q2 capex of USD 181 million, +5.8% YoY, with LTM capex intensity of 18.0% Total cash and cash equivalen ...

Amsterdam, 1 August 2024: VEON Ltd. (NASDAQ, Euronext Amsterdam: VEON), a global digital operator that provides converged connectivity and online services, ("VEON" or the "Company"), announces its intention to voluntarily delist from Euronext Amsterdam (the "Delisting"). VEON is also pleased to inform its shareholders and the investment community that it intends to initiate a buyback program for up to USD 100 million with respect to its American Depositary Shares ("ADS") following the Delisting. The Delisti ...

Amsterdam, 29 July 2024: VEON Ltd. (Nasdaq: VEON, Euronext Amsterdam: VEON), a global digital operator that provides converged connectivity and online services ("VEON" or "the Company", and together with its subsidiaries the "Group"), announces that today it has published its 2023 Integrated Annual Report (IAR), showcasing the Company's performance across financial, social, environmental and governance metrics. The Group's investments in human and intellectual capital included an average of 40 hours of trai ...

VEON to release 2Q 2024 trading update on 8 August 2024 VEON will also host a results conference call with senior management at 14:00 CEST (13:00 BST, 8:00 EST) on the same day. To register and access the event, please click here or copy and paste this link to the address bar of your browser: https://veon-q2-2024-trading-update.open-exchange.net/ We strongly encourage you to watch the event through the webcast link, but if you prefer to dial in, then please use the dial-in details. You will be brought into ...

Event Details - VEON will host a 2Q 2024 results conference call on 8 August 2024 at 14:00 CEST (13:00 BST, 8:00 EST) [1][8] - The company will release selected financial and operating results for 2Q 2024 and the first six months of 2024 on 16 May 2024 at or around 7:00 CEST (6:00 BST, 1:00 EST) [17] Registration and Participation - Registration for the event is available via a provided link, and participants can indicate if they will ask questions during the live Q&A session [9] - Participants can submit questions prior to the event to VEON Investor Relations at ir@veon.com [10] - A Q&A platform will open on 31 July at 14:00 CEST (13:00 BST, 8:00 EST) for shareholders to submit and upvote questions, which will remain open until 24 hours before the conference call [16] Webcast and Dial-in Information - The event can be accessed via webcast or dial-in, with details provided upon registration [2][4] - Participants can join a Zoom webinar to listen to the presentation and use the 'raise hand' feature to ask questions during the Q&A session [15] About VEON - VEON is a global digital operator providing converged connectivity and digital services to nearly 160 million customers across six countries, representing over 7% of the world's population [6] - The company is headquartered in Amsterdam and is listed on NASDAQ and Euronext [6] Shareholder Engagement - VEON is partnering with Say Technologies to allow retail and institutional shareholders to submit and upvote questions, with selected questions to be answered by management during the conference call [5]

"This credit facility will be a game-changer for Pakistan's digital landscape helping us accelerate the deployment of cutting-edge digital infrastructure, focusing on services that Pakistan need to realize the potential of its young and dynamic population and vibrant business landscape. I would like to thank our distinguished partners in the banking consortium for seeing the immense growth potential that Jazz's value proposition entails for Pakistan. I would also like to congratulate the Jazz team for the s ...