VEON appoints UHY LLP as auditors for VEON Group's 2023 PCAOB Audit and shares compliance plan with Nasdaq

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].