Dubai, November 17, 2025: VEON Ltd. (NASDAQ:VEON), a global digital operator ("VEON" or the "Company"), announces that it has commenced the buyback program (the "Program") announced on November 10, 2025. The Program authorized by VEON's Board enables the Company to buy back ADSs and/or outstanding bonds in an amount up to USD 100 million. The final allocation between equity and debt securities will be determined by prevailing market conditions. VEON views the current trading levels of its equity as materially undervaluing the Company's strong fundamentals, cash-generation profile, and digital-operator trajectory; selective ADS repurchases therefore represent an attractive, value-accretive

Dubai, November 12, 2025: VEON Ltd. (NASDAQ:VEON), a global digital operator ("VEON"), is proud to announce that it has received two prestigious honors at the IR Magazine Corporate Governance Awards 2025: Best Governance Around a Corporate Transaction – recognizing VEON's exemplary governance in the successful listing of Kyivstar Group Ltd. (NASDAQ:KYIV), Ukraine's leading digital operator ("Kyivstar"), in August 2025; andBest Use of Technology in Corporate Governance – highlighting VEON's innovative integration of augmented intelligence, digital tools and systems in advancing its governance framework. The awards ceremony, held on November 6th in New York City, brought together leading

VEON Raises 2025 Outlook, Robust Revenue and EBITDA Momentum, Direct Digital Revenue up 63% YoY Dubai, November 10, 2025 VEON 3Q25 Highlights Total revenue growth of 7.5% year-on-year ("YoY") to USD 1,115 mn. EBITDA growth of 19.7% YoY to USD 524 mn Direct digital revenue growth of 63.1% YoY to USD 198 mn, representing 17.8% of Group revenue. Financial services revenues grew 32.6% to $107.5 mn Total cash, cash equivalents and deposits of USD 1,666 mn, including USD 653 mn at Headquarters; net debt excluding lease liabilities of USD 1,729 mnLTM Equity Free Cash Flow of USD 584 mn; capex of USD 223 mn; LTM capex intensity 21.6% (17.7% excluding Ukraine)VEON is raising its full-year 2025 EBI

Kyivstar reports 20% top-line and EBITDA growth as digital rises to 12% of revenues 10 November 2025. KYIV, Ukraine Kyivstar Group Ltd ("Kyivstar", the "Group") 3Q25 unaudited results highlights Total revenue grew 20.9% YoY to UAH 12.3 bn (+19.8% to USD 297 mn).EBITDA grew 21.5% YoY to UAH 7.1 bn (20.4% to USD 171 mn).Adjusted net profit was USD 73 mn. This metric excludes the non-cash charge of USD 162 mn recognized in 3Q25 related to the Kyivstar listing. Without adjustments, loss for 3Q25 was USD 89 mn.Direct digital revenue grew to 11.9% of total thanks to a 531% surge to UAH 1.5 bn (+526% to USD 35 mn), driven in turn by consolidation of Uklon.Multiplay users expanded 24.8% YoY to 6.

  Almaty and Washington, DC, November 6, 2025 – VEON Ltd. (NASDAQ:VEON), a global digital operator ("VEON"), announces that Beeline Kazakhstan, its digital operator in Kazakhstan, is partnering with Starlink Direct to Cell to make essential connectivity accessible across Kazakhstan, including in remote areas not covered by terrestrial networks. At a trilateral meeting held during the official visit of the President of the Republic of Kazakhstan, Kassym-Jomart Tokayev, to the United States, Beeline Kazakhstan and the Ministry of Artificial Intelligence and Digital Development signed a memorandum of understanding expressing support for Beeline Kazakhstan's plans to offer Direct to Cell sat

Vitaly Shmakov promoted to the newly created Chief Investment Officer role Dubai, November 6, 2025: VEON Ltd. (NASDAQ:VEON), a global digital operator ("VEON" or the "Group"), today announces the appointment of Sebastian Rice as General Counsel of the Group, effective January 1, 2026. Sebastian will succeed the Group's Acting General Counsel Vitaly Shmakov, who has been appointed as Chief Investment Officer, leading the Group's mergers & acquisitions function. Anand Ramachandran, VEON's Chief Corporate Development Officer, will continue in his current role with expanded investor relations and investor value creation responsibilities, also effective January 1, 2026. Sebastian joins VEON fr

DUBAI / LAS VEGAS – October 28, 2025: VEON Ltd. (NASDAQ:VEON), a global digital operator ("VEON" and, together with its subsidiaries, the "Group"), today announces that its digital financial services platform in Pakistan, JazzCash, has won the Silver Award in the Banking category at Money20/20 USA 2025, a leading global platform for the financial services ecosystem. The award recognizes ReadyCash, JazzCash's pioneering digital lending feature that provides instant and accessible credit to individuals and micro-entrepreneurs in Pakistan. On average, it disburses 140,000 digital loans daily, making JazzCash the largest digital lender in the country. JazzCash was awarded for its innovation in

VEON to Release 3Q25 Earnings Update on November 10, 2025 Dubai, October 24, 2025 – VEON Ltd. (NASDAQ:VEON), a global digital operator, today confirms that it will release its selected consolidated financial and operating results for the third quarter and nine-month period ended September 30, 2025, at 9:00 GST (0:00 EST) on November 10, 2025. VEON will also host a results conference call with senior management at 16:00 GST (7:00 EST) on the same day. 3Q25 results conference call To register and access the event, please click here or copy and paste this link to the address bar of your browser: https://veon-3q-2025-earnings-update.open-exchange.net/ Once registered, a registration confirm

Astana, Amsterdam and Dubai, October 21, 2025 – VEON Ltd. (NASDAQ:VEON) ("VEON"), a global digital operator, and OLX Group announce today that Beeline Kazakhstan, VEON's Kazakh operating company, has agreed to acquire 100% of the Kazakh online classifieds business OLX Kazakhstan ("OLX KZ"), from OLX Group for a total consideration of USD 75 million. Founded as a marketplace connecting millions of buyers and sellers across goods and services, jobs, autos and real estate, OLX KZ is one of the most widely used digital platforms in Kazakhstan. As of June 30, 2025, OLX KZ had approximately 10 million monthly active users and 3.6 million listings, and was visited monthly by more than 52% of the c

Dubai and Islamabad, September 18, 2025 – VEON Ltd. (NASDAQ:VEON), a global digital operator ("VEON" and together with its subsidiaries, the "Group"), today announce the inauguration of the experience lounge of JazzCash, its digital financial services platform in Pakistan. Governor State Bank of Pakistan (SBP) Jameel Ahmad; Deputy Governor SBP Saleem Ullah; VEON Group CEO Kaan Terzioglu; and JazzCash CEO Murtaza Ali inaugurated the Experience Lounge in Islamabad, Pakistan today. On this occasion, Jazz CEO and Chairman Mobilink Microfinance Bank Aamir Ibrahim; and Mobilink Microfinance Bank CEO Haaris Mahmood Chaudhary were also present. With 53 million customers, JazzCash is Pakistan's lead

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The Benchmark Company initiated coverage of VEON with a rating of Buy and set a new price target of $48.00

New Street initiated coverage of VEON with a rating of Buy

BofA Securities upgraded VEON from Underperform to Buy and set a new price target of $2.70

UBS upgraded VEON from Neutral to Buy and set a new price target of $2.40 from $1.65 previously

HSBC downgraded VEON from Buy to Hold and set a new price target of $1.80

BofA Securities downgraded VEON from Neutral to Underperform

HSBC Securities downgraded VEON from Buy to Hold

Vitaly Shmakov promoted to the newly created Chief Investment Officer role Dubai, November 6, 2025: VEON Ltd. (NASDAQ:VEON), a global digital operator ("VEON" or the "Group"), today announces the appointment of Sebastian Rice as General Counsel of the Group, effective January 1, 2026. Sebastian will succeed the Group's Acting General Counsel Vitaly Shmakov, who has been appointed as Chief Investment Officer, leading the Group's mergers & acquisitions function. Anand Ramachandran, VEON's Chief Corporate Development Officer, will continue in his current role with expanded investor relations and investor value creation responsibilities, also effective January 1, 2026. Sebastian joins VEON fr

Dubai, June 17, 2025: VEON Ltd. (NASDAQ:VEON), a global digital operator ("VEON" or the "Company"), is pleased to announce that it has appointed Vitaly Shmakov as the Acting General Counsel, based in VEON's headquarters in the Dubai International Financial Center, effective July 1, 2025. Vitaly Shmakov is currently serving as Group Director of M&A and Strategic Transactions at VEON. Since joining the Company in 2016, he has held various roles, including Deputy General Counsel for Corporate, M&A and Strategic Transactions; Associate General Counsel; and Senior Legal Counsel. Prior to joining VEON, Vitaly was a Senior Associate for M&A and Corporate Law at Ashurst LLP, an international law f

Dubai, May 12, 2025 – VEON Ltd. (NASDAQ:VEON), a global digital operator, today announces its partnership with GSMA Advance, the learning and skills division of the GSMA, to join the People Excellence Partner program which recognizes and supports organizations committed to upskilling their teams and fostering a culture of knowledge advancement through the GSMA Advance comprehensive suite of learning materials. This collaboration makes VEON the inaugural partner of the GSMA Advance People Excellence Partner program, highlighting the Company's commitment to the professional growth and continuous learning of its personnel. Developed by GSMA Advance, the program sets benchmarks for industry kno

Dubai, March 31, 2025 – VEON Ltd. (NASDAQ:VEON), a global digital operator, ("VEON" or the "Company"), today announced that its Board of Directors (the "Board") has set the date for the Company's 2025 Annual General Meeting of Shareholders (the "AGM") for May 8, 2025. The record date for the AGM has been set for March 31, 2025. The Board and its Remuneration and Governance Committee have recommended VEON's seven current Board members for re-election at the AGM, including among them five nominees by statutory requisition from shareholders holding in excess of 5% of our issued share capital. The recommended nominees are Augie K Fabela II, Andrei Gusev, Sir Brandon Lewis, Duncan Perry, the 70

Dubai, March 26, 2025: VEON Ltd. (NASDAQ:VEON), a global digital operator ("VEON" or the "Group"), today announces the appointment of Anand Ramachandran as Corporate Development Officer, effective from May 1, 2025. Anand will lead VEON's Mergers & Acquisitions and Investor Relations teams. Anand joined VEON as Chief of Staff in September 2024, where he led a number of strategic initiatives involving internal, regional and global stakeholders. Prior to joining VEON, Anand was with Singapore Telecom, where he served as Vice President of Business Management in the Group CEO's Office. "Anand has already made significant contributions during his successful tenure at VEON, demonstrating strateg

Dubai and Dhaka, 17 March 2025: VEON Ltd. (NASDAQ:VEON), a global digital operator ("VEON" or the "Group"), today announces that Johan Buse has been appointed as the Chief Executive Officer of Banglalink, VEON's digital operator in Bangladesh, effective 6th April 2025. Johan joins Banglalink from StarHub in Singapore where he led the Consumer Business Group focusing on strategy and business transformation. Prior to that, Johan has decades of experience in the telecom industry across Europe, Asia and the Middle East. He previously served as the Chief Commercial Officer of Ooredoo Oman and held senior positions at Deutsche Telekom Croatia, AXIS and Singtel. Johan will succeed Erik Aas who h

Dubai, 16 January 2025: VEON Ltd. (NASDAQ:VEON), a global digital operator ("VEON" or the "Group"), today announces the appointments of two of its operating company CEOs to its Group Executive Committee ("GEC"). Aamir Ibrahim, CEO of Jazz and the Chair of Mobilink Bank in Pakistan, and Evgeniy Nastradin, CEO of Beeline Kazakhstan, have joined the GEC effective 1 January 2025, in addition to their country CEO responsibilities. These appointments to the GEC will further strengthen VEON's strategic alignment to its markets. They will enable Aamir and Evgeniy to further contribute to the Group's ambitious digital services-driven growth plans while also highlighting the investor value potentia

Dubai, 9 January 2025: VEON Ltd. (NASDAQ:VEON), a global digital operator ("VEON" or the "Group"), today announces the appointment of Burak Ozer as Group Chief Financial Officer (Group CFO), effective 9 January 2025. Burak will succeed Joop Brakenhoff, who will continue to serve VEON as an Advisor to the Group CEO. Burak brings over 27 years of extensive international experience within the finance sector. Burak started his career with Xerox where he held a number of key financial positions in the USA and the UK in addition to serving as the General Manager of Xerox Turkey. More recently Burak has held the position of Chief Financial Officer within the global Digital Transformation, IT Solut

Amsterdam and Dubai, 13 November 2024 - VEON Ltd. (NASDAQ:VEON, Euronext Amsterdam: VEON)), a global digital operator, ("VEON" or, together with its subsidiaries, the "Group"), announces that the VEON Board of Directors has re-appointed UHY LLP ("UHY") as the independent registered public accounting firm for the audit of the Group's consolidated financial statements for the year ended December 31, 2024 in accordance with the standards established by the Public Company Accounting Oversight Board, United States (the "PCAOB Audit"). UHY LLP is an independent member of UHY International. Established in 1986 and based in London, UK, UHY International is a leading network of independent accoun

Amsterdam and Tashkent, 14 October 2024: VEON Ltd. (NASDAQ:VEON, Euronext Amsterdam: VEON))), a global digital operator, announces that Andrey Pyatakhin has been appointed as the incoming CEO of Beeline Uzbekistan following a decision by current Beeline Uzbekistan CEO Andrzej Malinowski to step down by the end of November 2024. The incoming CEO of Beeline Uzbekistan, Andrey Pyatakhin, joined VEON Group in 2001. In his more than 20 years with VEON Group, Andrey has served in various capacities, including as the CEO of Beeline Georgia, CEO of Beeline Armenia and most recently as the CEO of Beeline Kyrgyzstan. Andrey completed the Advanced Management program at Harvard Business School. Andrze

VEON Raises 2025 Outlook, Robust Revenue and EBITDA Momentum, Direct Digital Revenue up 63% YoY Dubai, November 10, 2025 VEON 3Q25 Highlights Total revenue growth of 7.5% year-on-year ("YoY") to USD 1,115 mn. EBITDA growth of 19.7% YoY to USD 524 mn Direct digital revenue growth of 63.1% YoY to USD 198 mn, representing 17.8% of Group revenue. Financial services revenues grew 32.6% to $107.5 mn Total cash, cash equivalents and deposits of USD 1,666 mn, including USD 653 mn at Headquarters; net debt excluding lease liabilities of USD 1,729 mnLTM Equity Free Cash Flow of USD 584 mn; capex of USD 223 mn; LTM capex intensity 21.6% (17.7% excluding Ukraine)VEON is raising its full-year 2025 EBI

Kyivstar reports 20% top-line and EBITDA growth as digital rises to 12% of revenues 10 November 2025. KYIV, Ukraine Kyivstar Group Ltd ("Kyivstar", the "Group") 3Q25 unaudited results highlights Total revenue grew 20.9% YoY to UAH 12.3 bn (+19.8% to USD 297 mn).EBITDA grew 21.5% YoY to UAH 7.1 bn (20.4% to USD 171 mn).Adjusted net profit was USD 73 mn. This metric excludes the non-cash charge of USD 162 mn recognized in 3Q25 related to the Kyivstar listing. Without adjustments, loss for 3Q25 was USD 89 mn.Direct digital revenue grew to 11.9% of total thanks to a 531% surge to UAH 1.5 bn (+526% to USD 35 mn), driven in turn by consolidation of Uklon.Multiplay users expanded 24.8% YoY to 6.

VEON to Release 3Q25 Earnings Update on November 10, 2025 Dubai, October 24, 2025 – VEON Ltd. (NASDAQ:VEON), a global digital operator, today confirms that it will release its selected consolidated financial and operating results for the third quarter and nine-month period ended September 30, 2025, at 9:00 GST (0:00 EST) on November 10, 2025. VEON will also host a results conference call with senior management at 16:00 GST (7:00 EST) on the same day. 3Q25 results conference call To register and access the event, please click here or copy and paste this link to the address bar of your browser: https://veon-3q-2025-earnings-update.open-exchange.net/ Once registered, a registration confirm

VEON 2Q25 Earnings Release: Direct Digital Revenues Up 57% YoY. Solid Execution, Strong Results Dubai, August 7, 2025 VEON 2Q25 Highlights Total revenue growth of 5.9% YoY to USD 1,087 million (11.2% YoY in local currency terms) EBITDA growth of 13.2% YoY to USD 520 million (19.6% YoY in local currency terms) Direct digital revenue growth of 56.6% YoY to USD 180 million (+62.4% YoY in local currency terms), representing 16.5% of revenues for quarterTotal cash and cash equivalents and deposits of USD 1,283 million, with USD 206 million at headquarters ("HQ"); and gross debt at USD 4,627 million (increased by USD 250 million QoQ), with net debt excluding lease liabilities at USD 1,962 milli

VEON to Release 2Q25 Earnings Update on August 7, 2025 Dubai, July 23, 2025 – VEON Ltd. (NASDAQ:VEON), a global digital operator, today confirms that the Group will release its selected financial and operating results for the second quarter and half-year ended June 30, 2025, at 8:00 GST (0:00 EST) on August 7, 2025. VEON will also host a results conference call with senior management at 16:00 GST (8:00 EST) on the same day. 2Q25 results conference call To register and access the event, please click here or copy and paste this link to the address bar of your browser: https://veon-2q-2025-trading-update.open-exchange.net/ Once registered, a registration confirmation will be sent to the

Total operating revenue reaches USD 255 million or UAH 10.6 billion, up 37.1% year-on-year in USD and 49.6% in local currency termsProfit for the period amounts to USD 44 million, up 22.2% year-on-year in USD and 33.7% in local currency terms, with a profit margin of 17.3%Adjusted EBITDA1 reaches USD 140 million, up 50.5% year-on-year in USD and 64.6% in local currency terms, with an adjusted EBITDA margin1 of 54.9% Completes acquisition of Uklon, Ukraine's leading ride-hailing business, and increases stake in Ukraine's leading digital health platform Helsi, subsequent to quarter-end KYIV, Ukraine, June 5, 2025 – Kyivstar Group, Ukraine's leading digital operator ("Kyivstar Group" or "the

VEON 1Q25 Earnings Release: Strong Start to 2025, Digital Revenues Surge 50%, Driving Growth Dubai, May 15, 2025 VEON 1Q25 Highlights Total revenue growth of 8.9% YoY to USD 1,026 million (12.9% YoY in underlying local currency terms) EBITDA growth of 13.7% YoY to USD 439 million (10.4% YoY in underlying local currency terms) Direct digital revenue growth of 50.2% YoY to USD 147 million (+54.3% YoY in local currency terms), representing 14.3% of revenues for quarterTotal cash and cash equivalents and deposits of USD 1,775 million, with USD 662 million at headquarters ("HQ"); and gross debt at USD 4,377 million (decreased by USD 4 million QoQ), with net debt excluding lease liabilities at

VEON to release 1Q 2025 trading update on May 15, 2025 Dubai, May 2, 2025 – VEON Ltd. (NASDAQ:VEON), a global digital operator, today confirms that the Group will release its selected financial and operating results for the first quarter ended March 31, 2025, at or around 8:00 GST (0:00 EST) on May 15, 2025. VEON will also host a results conference call with senior management at 16:00 GST (8:00 EST) on the same day. 1Q25 results conference call To register and access the event, please click here or copy and paste this link to the address bar of your browser: https://veon-1q-2025-trading-update.open-exchange.net/ Once registered, a registration confirmation will be sent to the email addr

  VEON FY24 and 4Q24 Trading Update: Strong Delivery in 2024,  Digital Services Driving Growth Dubai, March 20, 2025, 10:10 GST VEON FY24 Highlights Total revenue growth of 8.3% YoY to USD 4,004 million (+14.6% YoY in underlying local currency terms) EBITDA growth of 4.9% YoY to USD 1,691 million (+12.0% YoY in underlying local currency terms) Direct digital revenue growth of 63.0% YoY to USD 460 million (+64.1% YoY in local currency terms), representing 11.5% of revenues for the full year Total cash and cash equivalents and deposits of USD 1,691 million, with USD 481 million at headquarters ("HQ"); and gross debt at USD 4.4 billion (decreased by USD 311 million YoY), with net debt excl

VEON to release 4Q 2024 trading update on 20 March 2025 Dubai, 12 March 2025 – VEON Ltd. (NASDAQ:VEON), a global digital operator, today confirms that the Group will release its selected financial and operating results for the fourth quarter and full year ended 31 December 2024, at or around 10:00 GST (2:00 EST) on 20 March 2025. VEON will also host a results conference call with senior management at 16:00 GST (8:00 EST) on the same day. 4Q24 results conference call To register and access the event, please click here or copy and paste this link to the address bar of your browser: https://veon-q4-2024-trading-update.open-exchange.net/. Once registered,

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