Core Insights - VEON Ltd. published its 2024 Integrated Annual Report, highlighting strong operational and financial performance along with a commitment to social impact [1][2][3] Financial Performance - Group revenues for FY24 increased by 8.3% year-on-year, while Group EBITDA grew by 4.9% year-on-year in reported currency [13] - Direct revenues from digital services accounted for 11.5% of total revenues, growing at a rate of 63% year-on-year in reported currency [13] Digital Transformation and AI Initiatives - VEON served 122 million total monthly active users across its digital services portfolio by the end of 2024, providing access to financial services, digital information, entertainment, healthcare, and learning opportunities [4] - The company launched AI-based solutions, including Kaz-LLM, a large language model in Kazakhstan, as part of its AI1440 ambition to augment human capabilities [5] Commitment to Ukraine - VEON and Kyivstar committed USD 1 billion in investments from 2023 to 2027 to rebuild Ukraine's digital infrastructure and expand essential digital services [6] - Key milestones included partnerships for satellite-based services and enhancing energy resilience [6] Energy Efficiency and Sustainability - The number of Base Transceiver Stations (BTS) using power-saving technology increased from approximately 63,000 in 2023 to 70,000 in 2024 [7] - The number of base stations powered by renewable energy rose from 993 in 2023 to 1,085 in 2024, while overall energy consumption in offices decreased by nearly 28% [7] Governance and Corporate Structure - VEON streamlined its governance by consolidating trading in its shares to the Nasdaq Stock Market and relocating its headquarters to the Dubai International Financial Center [9][10] Investment in Human Capital - The company invested USD 4.4 million in employee training and development in 2024, up from USD 2.6 million in 2023 [11] - Initiatives to support women's inclusion in the workforce were launched, with significant increases in women's representation in leadership roles across various countries [12]

Dubai, April 8, 2025: VEON Ltd. (Nasdaq: VEON), a global digital operator, has successfully completed the reorganization of VEON Holdings B.V. and finalized its consent solicitation process, first announced on January 13, 2025. These steps pave the way for the proposed business combination with Cohen Circle Acquisition Corp. I, which is expected to lead to Kyivstar Group Ltd., the parent company of Ukraine’s leading digital operator Kyivstar, listing on the Nasdaq under the ticker symbol KYIV. The reorganiz ...

Core Points - VEON Ltd. has scheduled its 2025 Annual General Meeting of Shareholders for May 8, 2025, with a record date set for March 31, 2025 [1] - The Board has recommended the re-election of seven current Board members, including five nominees from shareholders holding over 5% of the issued share capital [2] - The AGM agenda includes the re-appointment of UHY LLP as the external auditor for the financial year ending December 31, 2025, and the presentation of the audited financial statements for the year ended December 31, 2024 [3] Company Overview - VEON is a digital operator providing connectivity and digital services to nearly 160 million customers across six countries, representing over 7% of the world's population [5]

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Dubai, March 27, 2025 – VEON Ltd. (NASDAQ:VEON), a global digital operator, today announces the successful syndication of a 24-month, USD 210 million senior unsecured term loan under a new facility agreement from a consortium of international lenders, including ICBC Standard Bank and leading GCC banks. "I am pleased to mark VEON's return to the capital markets with the successful syndication of this new USD 210 million term loan from a group of leading international banks and investors. This new debt facil ...

Core Insights - VEON Ltd. has appointed Anand Ramachandran as Corporate Development Officer, effective May 1, 2025, to lead Mergers & Acquisitions and Investor Relations teams [1] - Anand Ramachandran has nearly three decades of experience in international financial markets and investor relations, previously serving as Chief of Staff at VEON and Vice President at Singapore Telecom [2][3] - The Group's CEO, Kaan Terzioglu, emphasized Anand's strategic expertise and leadership as crucial for executing VEON's strategic initiatives [3] Company Overview - VEON is a digital operator providing converged connectivity and digital services to nearly 160 million customers across six countries, representing over 7% of the world's population [5] - The company focuses on transforming lives through technology-driven services that empower individuals and drive economic growth [5]

Dubai and Kyiv, March 21, 2025: VEON Ltd. (Nasdaq: VEON), a global digital operator, today signed a Memorandum of Understanding (“MoU”) with Airspan Networks Holdings LLC (“Airspan”), a U.S.-based provider of Open RAN solutions and network infrastructure. VEON and Airspan intend to collaborate in evaluating technical and commercial synergies for resilient network solutions in Ukraine, identifying joint business prospects in both public and private network sectors, and sharing expertise to drive innovation a ...

Core Viewpoint - VEON Ltd. has signed a Memorandum of Understanding with Airspan Networks to enhance Ukraine's communications infrastructure through innovative network solutions and collaboration [1][2]. Group 1: Collaboration Details - The partnership aims to evaluate technical and commercial synergies for resilient network solutions in Ukraine, focusing on both public and private sectors [2][3]. - The collaboration will explore the development, deployment, and testing of advanced wireless technologies, including Open RAN and Air-to-Land network solutions [3][4]. Group 2: Investment Commitment - VEON and its subsidiary Kyivstar have committed to investing USD 1 billion from 2023 to 2027 to rebuild Ukraine's digital infrastructure, which includes upgrading mobile networks with advanced capabilities [4][5]. - This investment will focus on maintaining connectivity through technologies such as Open RAN and direct-to-cell satellite connectivity [4][5]. Group 3: Expertise and Experience - Airspan Networks has significant expertise in building Open RAN networks, having constructed the largest geographical Open RAN network in the U.S. and the first nationwide 4/5G ORAN network in Japan [5][6]. - Kyivstar has recently launched a laboratory with Rakuten Symphony to test cloud-native RAN software, further enhancing its capabilities in network innovation [6]. Group 4: Company Backgrounds - VEON operates across six countries, providing digital services to nearly 160 million customers and is listed on NASDAQ [7]. - Airspan Networks is recognized as a leader in Open RAN, having shipped over 1 million radios globally to more than 1,000 customers [7].

Kyiv and Dubai, March 20, 2025 – VEON Ltd. (Nasdaq: VEON), a global digital operator, today provides additional selected financial information about Uklon group (“Uklon”) following its announcement on 19 March 2025 regarding the agreement signed between JSC Kyivstar (“Kyivstar”) and Uklon for Kyivstar to acquire 97% of the shares of Uklon, a leading Ukrainian ride-hailing and delivery platform. Uklon Key Financial and Operational Metrics, FY 2024 (preliminary, unaudited) Revenue (USD mln) 65 Revenue CAGR ...

VEON Ltd. (NASDAQ:VEON) Q4 2024 Earnings Conference Call March 20, 2025 8:00 AM ET Company Participants Anand Ramachandran - Chief of Staff Kaan Terzioglu - Group CEO Burak Ozer - Group CFO Conference Call Participants David Lopes - New Street Research Stella Cridge - Barclays Chris Hoare - New Street Research Dmitry Ivanov - Jefferies Matthew Harrigan - Benchmark Operator Hello and welcome to VEON's Full Year 2024 and Fourth Quarter 2024 Trading Update Call. We ask that you please hold all questions until ...