27 Aug 2025
VEON and Kyivstar to Mark Historic Listing with Nasdaq Opening Bell and to Launch Invest in Ukraine NOW! Campaign in the U.S. New York, August 27, 2025 - VEON Ltd. (Nasdaq: VEON) ( VEON ), a global digital operator and parent company of Ukraine's leading digital operator Kyivstar Group Ltd (Nasdaq: KYIV; KYIVW) ( Kyivstar ), are today kicking off a series of strategic engagements in New York to celebrate the first Ukrainian landmark listing on Nasdaq and to officially launch their Invest in Ukraine NOW! campaign in the United States.
Kyivstar began trading on the Nasdaq Stock Market ( Nasdaq ) on August 15th, becoming the first and only Ukrainian investment opportunity listed on a U.S. stock exchange. To mark the occasion, Kyivstar will be ringing the Nasdaq opening bell on Friday, August 29th. VEON and Kyivstar will also host a series of events earlier in the week, including an investor conference for current and potential investors, and an Invest in Ukraine NOW! Business Symposium that will bring together leading American and Ukrainian businesses for a discussion of Ukraine's reconstruction through public-private partnerships and international investments.
Representatives of the Ukrainian Government, VEON and Kyivstar investors, leaders in the Ukrainian and American business communities, international finance institutions, and Board members of VEON's other operating companies will join the VEON and Kyivstar teams for the week's activities, which will culminate with the ringing of the opening bell on Friday.
Kyivstar's listing on Nasdaq under the ticker KYIV gives American investors a window into the Ukrainian economy as a whole, said Augie K Fabela II, Chairman and Founder of VEON. As we gather in New York to celebrate this milestone for Kyivstar and Ukraine, we are delighted to bring our Invest in Ukraine NOW!' campaign to the United States. We look forward to leading discussions between U.S. and Ukrainian business counterparts.
Kyivstar touches the lives of all Ukrainians with its services, and we are happy to see that investor interest in this compelling business case continues to grow, said Kaan Terzioglu, VEON Group CEO and Chairman of the Kyivstar Board of Directors. Kyivstar is Ukraine's market leading digital operator, and we look forward to sharing this significant milestone with the investor community in New York and at Nasdaq.
We have transformed Kyivstar into a robust digital operator with a globally attractive business model and growth story, while being the backbone of Ukraine's resilience and reconstruction, said Oleksandr Komarov, President of Kyivstar. This week we mark the resilience and potential of Ukraine. Together with our team, partners, investors and governmental counterparts, we mark the beginning of Kyivstar's new chapter. We are excited to help build bridges for other Ukrainian companies to deepen their global partnerships, especially with the American and global business community.
Kyivstar is Ukraine's leading digital operator, serving nearly 22.4 million mobile customers and over 1.1 million home internet fixed line customers, as well as 13.4 million digital monthly active users as of June 30, 2025. In the second quarter of 2025, Kyivstar reported operating revenue of USD 284 million representing a 20.9% year-on-year increase. In addition to connectivity services, Kyivstar operates a growing portfolio of digital services, including Helsi, Ukraine's largest digital healthcare platform with over 29 million registered users; Kyivstar TV, a leading entertainment and streaming platform; and Uklon, the country's top ride-hailing and delivery platform. It provides cloud, cybersecurity and software development services to Ukrainian enterprises, including through Kyivstar Tech, the company's enterprise subsidiary.
Kyivstar also partners with leading global technology companies, most recently announcing the successful testing of direct to cell satellite connectivity with Starlink, with plans for full commercial launch in the fourth quarter of 2025 further enhancing Kyivstar's ability to deliver essential connectivity across Ukraine.
About Kyivstar
Kyivstar is a Nasdaq-listed company and Ukraines leading digital operator, serving nearly 22.4 million mobile customers and over 1.1 million home internet fixed line customers as of June 30, 2025. Kyivstar and its subsidiaries provide services across a wide range of mobile and fixed line technologies, including 4G, big data, cloud solutions, cybersecurity, digital TV, and more. Together with its parent company VEON, Kyivstar intends to invest USD 1 billion in Ukraine during 2023-2027, through social investments in infrastructure and technological development, charitable donations and strategic acquisitions. operating in Ukraine for more than 27 years, Kyivstar is the first Ukrainian investment opportunity in U.S. stock exchanges. For more information, visit https://investors.kyivstar.ua.
About VEON
VEON is a digital operator that provides connectivity and digital services to nearly 160 million customers. Operating across five countries that are home to more than 6% of the world's population, VEON is transforming lives through technology-driven services that empower individuals and drive economic growth. VEON is listed on Nasdaq. For more information, visit: www.veon.com.
Forward-Looking Statements
This press release contains forward-looking statements, as the phrase is defined in Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. Securities Exchange Act of 1934, as amended. These forward-looking statements generally are identified by the words anticipate, believe, estimate, expect, forecast, future, intend, may, opportunity, plan, project, should,
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