VEON and Kyivstar Welcome Former U.S. Secretary of State and Kyivstar Board member Mike Pompeo to Ukraine

February 05, 2024 at 02:41 AM EST

Kyiv, 5 February 2024 – VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a global digital operator that provides converged connectivity and online services, announces that a high-level delegation including the former U.S. Secretary of State and Kyivstar Supervisory Board member Michael R. Pompeo have recently visited the Kyivstar team in Kyiv, Ukraine.

Mike Pompeo joined the Board of Kyivstar, VEON’s wholly owned Ukrainian subsidiary, at the end of 2023. Last week, he visited Kyiv in person to attend the first Kyivstar Board meeting of the year, along with a larger VEON delegation.

Addressing Kyivstar employees in a widely attended townhall, Secretary Pompeo and Kaan Terzioglu, VEON Group CEO and Chairman of the Kyivstar Board, reiterated their support for Kyivstar’s work and the resilience of the team in overcoming a recent major cyberattack and restoring critical services to Ukraine within days.

"The work of Kyivstar in supporting communication makes Ukraine stronger, and allows Ukraine to continue the fight. Ukraine must win, and the essential work that Kyivstar is doing to keep the country connected is an integral part of ensuring this victory. This is of a great importance to global security, and is also important to me as a person who also cares deeply about the future of Ukraine as well as about the security of United States of America," said Mike Pompeo, former U.S. Secretary of State and Kyivstar Board member.

"VEON is deeply committed to Ukraine and we demonstrate this commitment every day with the work of Kyivstar. I am very proud of the team’s achievements over the past year, overcoming significant odds, including a major cyberattack. Kyivstar is a crown jewel in our portfolio, and VEON will do everything to make it successful, contributing to the success of Ukraine. I am very happy to see that our international investor base is also supportive of this commitment,” said Kaan Terzioglu, VEON Group CEO and Chairman of the Kyivstar Board.

“Kyivstar’s mission is adapted to the realities of war which now approaches its second year. Our first priority is to provide critical services to all Ukrainians, help save lives and make life better for Ukrainians at home and abroad. We move forward despite all obstacles and keep investing in Ukraine’s present and future. Secretary Pompeo’s decision to join our Board is proof that we are on the right track,” said Oleksandr Komarov, Kyivstar CEO.

VEON, an Amsterdam-headquartered and Nasdaq- and Euronext Amsterdam-listed company, is the parent and the 100% owner of Kyivstar. Kyivstar is Ukraine’s largest telecommunications operator with 24 million mobile subscribers and more than 1.1 million home internet subscribers as of September 2023. Beyond connectivity, it contributes to the digitalization of Ukraine with the digital health platform Helsi, TV platform Kyivstar and cloud services to Ukrainian businesses, among others.

About VEON
VEON is a digital operator that provides converged connectivity and digital services to nearly 160 million customers. Operating across six countries that are home to more than 7% of the world’s population, VEON is transforming lives through technology-driven services that empower individuals and drive economic growth. Headquartered in Amsterdam, VEON is listed on NASDAQ and Euronext. For more information visit: https://www.veon.co m

Disclaimer

This 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. Forward-looking statements are not historical facts, and include statements relating to, among other things, future conditions in VEON’s markets. Forward-looking statements are inherently subject to risks and uncertainties, many of which VEON cannot predict with accuracy and some of which VEON might not even anticipate. The forward-looking statements contained in this release speak only as of the date of this release. VEON does not undertake to publicly update, except as required by U.S. federal securities laws, any forward-looking statement to reflect events or circumstances after such dates or to reflect the occurrence of unanticipated events.

Contact Information

VEON
Hande Asik
Group Director of Communication
pr@veon.com

TUVA Partners
Julian Tanner
julian.tanner@tuvapartners.com

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