DIVIDENDS PAID AND PROPOSED

6 Months Ended

Jun. 30, 2023

Subclassifications of assets, liabilities and equities [abstract]

DIVIDENDS PAID AND PROPOSED

DIVIDENDS PAID AND PROPOSED

There were no dividends declared by VEON Ltd in the six-month period ended June 30, 2023.

The Company makes appropriate tax withholding of up to 15% when dividends are paid to the Company’s share depository, The Bank of New York Mellon. For ordinary shareholders at Euronext Amsterdam, dividends are paid in euro.

There were US$30 dividends declared by subsidiaries within the VEON Group to non-controlling interests in the six-month period ended June 30, 2023.