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v3.26.1

EVENTS AFTER THE REPORTING PERIOD (Details) - USD ($) $ / shares in Units, $ in Millions |  |  | 1 Months Ended | 12 Months Ended |  |  |
--- | --- | --- | --- | --- | --- | --- | ---
Feb. 02, 2026 | Jan. 29, 2026 | Mar. 31, 2026 | Dec. 31, 2025 | Dec. 31, 2024 | Mar. 10, 2026 | Feb. 10, 2026 | Dec. 31, 2023
Disclosure of non-adjusting events after reporting period |  |  |  |  |  |  |  |
Other provisions |  |  |  | $ 304 | $ 121 |  |  | $ 125
Legal provision |  |  |  |  |  |  |  |
Disclosure of non-adjusting events after reporting period |  |  |  |  |  |  |  |
Other provisions |  |  |  | 191 | $ 9 |  |  | $ 9
ADG Arbitration Claim | Legal provision |  |  |  |  |  |  |  |
Disclosure of non-adjusting events after reporting period |  |  |  |  |  |  |  |
Other provisions |  |  |  | $ 170 |  |  |  |
Kyivstar Group Ltd. |  |  |  |  |  |  |  |
Disclosure of non-adjusting events after reporting period |  |  |  |  |  |  |  |
Proportion of ownership interest in subsidiary |  |  |  | 89.60% | 0.00% |  |  |
Share based payment transactions |  |  |  |  |  |  |  |
Disclosure of non-adjusting events after reporting period |  |  |  |  |  |  |  |
Public offering price per share (in USD per share) |  | $ 10.50 |  |  |  |  |  |
Additional common shares offered (in shares) |  | 1,875,000 |  |  |  |  |  |
Common shares sold (in shares) | 14,375,000 |  |  |  |  |  |  |
Proceeds from issuing shares | $ 140 |  |  |  |  |  |  |
Share based payment transactions | Kyivstar Group Ltd. |  |  |  |  |  |  |  |
Disclosure of non-adjusting events after reporting period |  |  |  |  |  |  |  |
Common shares offered (in shares) |  | 12,500,000 |  |  |  |  |  |
Proportion of ownership interest in subsidiary | 83.60% | 89.60% |  |  |  |  |  |
Share based payment transactions | Kyivstar Group Ltd. | VEON Amsterdam B.V. |  |  |  |  |  |  |  |
Disclosure of non-adjusting events after reporting period |  |  |  |  |  |  |  |
Common shares offered (in shares) |  | 12,100,000 |  |  |  |  |  |
Share based payment transactions | Kyivstar Group Ltd. | Other selling shareholders |  |  |  |  |  |  |  |
Disclosure of non-adjusting events after reporting period |  |  |  |  |  |  |  |
Common shares offered (in shares) |  | 400,000 |  |  |  |  |  |
Major business combination | Tabletki.ua |  |  |  |  |  |  |  |
Disclosure of non-adjusting events after reporting period |  |  |  |  |  |  |  |
Percentage of voting equity interests acquired |  |  |  |  |  |  | 100.00% |
Purchase consideration |  |  |  |  |  |  | $ 160 |
Entering into significant commitments or contingent liabilities | Jazz |  |  |  |  |  |  |  |
Disclosure of non-adjusting events after reporting period |  |  |  |  |  |  |  |
Capital commitments |  |  |  |  |  | $ 240 |  |
Settlement of lawsuit | ADG Arbitration Claim |  |  |  |  |  |  |  |
Disclosure of non-adjusting events after reporting period |  |  |  |  |  |  |  |
Damages awarded |  |  | $ 120 |  |  |  |  |
ADS payment |  |  | 30 |  |  |  |  |
Damages awarded, payment deferred for 24 months |  |  | $ 60 |  |  |  |  |

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