X0609 4 2026-06-07 0001468091 VEON Ltd. VEON 0002045605 Pompeo Michael true INDEX TOWER (EAST TOWER), UNIT 1703 DUBAI (DIFC) DUBAI C0 00000 UNITED ARAB EMIRATES true false false false false American Depositary Shares 2026-06-07 4 A false 38205 0 A 186435 I See footnote American Depositary Shares 90000 D Common Shares 2066954 I See footnote Impact Investments LLC acquired these American Depositary Shares upon the vesting and automatic exercise of the fourth tranche of warrants with an aggregate value of $12,000,000, which were issued to Impact Investments LLC on June 7, 2024 (the "Warrants"). Pursuant to the terms of the Warrants, the Warrants vest semi-annually in equal tranches over a three-year period beginning on June 7, 2024, and each tranche is automatically exercised in full on its applicable vesting date, provided that, as of each vesting date, (i) the Reporting Person continues to serve as a director of (a) the Issuer and (b) unless waived by the Issuer, JSC Kyivstar, a wholly-owned indirect subsidiary of the Issuer, and (ii) certain other vesting conditions and acceleration provisions. Pursuant to the terms of the Warrants, the exercise price for each tranche of the Warrants is determined on the applicable vesting date for such tranche, based on the 90-day average trading price of American Depositary Shares as of the vesting date for such tranche. Accordingly, pursuant to Rule 16a-1(c)(6) under the Exchange Act, each tranche of the Warrants is not a reportable derivative security until it vests and its exercise price is fixed.. These American Depositary Shares and Common Shares are held directly by Impact Investments LLC, which is indirectly owned 50% by the reporting person. The reporting person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein. The issuer has agreed to convert these common shares into 82,678 American Depositary Shares, on a cashless basis. /s/ Charles Alex Gish, as Attorney-in-Fact 2026-07-02