London, 12 December 2024 – VEON Ltd. (Nasdaq: VEON), a global digital operator (“VEON” or the “Company”), announces that it won in two categories at the World Communication Awards 2024. Kyivstar, VEON’s digital operator in Ukraine, received the Crisis Response Award, while Jazz, the Company’s operator in Pakistan, received the Best Operator in a Growth Market Award. Both companies and VEON were commended for their positive impact and dedication to the markets in which they operate, during the awards ceremon ...

Kaz-LLM Development and Launch - VEON Ltd, in partnership with the Ministry of Digital, Innovations, and Aerospace Industry of Kazakhstan, ISSAI NU, Beeline Kazakhstan, and Astana Hub, launched the open-source Kazakh-language large language model (Kaz-LLM) [1] - Kaz-LLM was developed with over 150 billion tokens and is capable of interacting in Kazakh, Turkish, English, and Russian [2] - The model has two versions with 8 billion and 70 billion parameters, aimed at accelerating AI-powered product and service adoption in Kazakhstan [2] - Kaz-LLM has been published on the Hugging Face platform ahead of its full launch [2] VEON's Role and Strategy - VEON's QazCode is the only private sector partner in the Kaz-LLM initiative, aligning with VEON's mission to provide augmented intelligence tools for low-resource languages [3] - Kazakhstan is VEON's most advanced market in terms of augmented intelligence capabilities [3] - VEON aims to bridge the linguistic gap in AI, ensuring equal opportunities for the half a billion people in its markets [5] - VEON Group CEO highlighted the potential of AI to enhance human skills in various sectors, including healthcare, education, and agriculture [5] Beeline Kazakhstan and QazCode Contributions - Beeline Kazakhstan and QazCode have already launched several AI products, including the open-source Kaz-RoBERTA-conversational model with 2 billion parameters [7] - Kaz-RoBERTA-conversational is used for customer service interactions on Beeline Kazakhstan's digital platforms and has been downloaded over three thousand times on Hugging Face [7] - QazCode, with a team of 700 including 350 developers, focuses on telecoms process automation, gamification, entertainment, and IT productivity using AI [11] - Beeline Kazakhstan serves 11 million mobile customers and 2 million fixed internet customers, with a digital ecosystem of 60 products and 11.6 million monthly active users as of June 2024 [10] International Collaboration and Expertise - Beeline Kazakhstan and QazCode contribute to international know-how on LLM development for low-resource languages, collaborating with GSMA Foundry and the Barcelona Supercomputing Center [8] - QazCode shares expertise on LLM development, including the Catalan language model developed by the Barcelona Supercomputing Center [8] ISSAI and National AI Ecosystem - ISSAI, founded in September 2019, drives AI research and innovation in Kazakhstan, collaborating with national and international partners in education, industry, and government [9] - The launch of Kaz-LLM is a pivotal step in developing Kazakhstan's AI ecosystem, reflecting the country's commitment to innovation and technological progress [4]

Court Decision and Corporate Rights - The Shevchenkivskyi District Court of Kyiv unfroze VEON's corporate rights in Kyivstar and other Ukrainian subsidiaries, including Ukraine Tower Company, KyivstarTech, and Helsi [1][2] - This decision reflects Ukraine's commitment to the rule of law and protection of international investors' rights [2] - The unfreezing removes a source of concern for VEON's investors and enables accelerated business partnerships in Ukraine [4] VEON's Strategic Direction - VEON aims to create further value in Kyivstar by exploring ways to attract international and local investors [5] - Kyivstar is highlighted as the sole Ukrainian investment theme on the U S listed equity market through VEON's Nasdaq listing [5] VEON's Global Presence - VEON is a NASDAQ-listed digital operator serving nearly 160 million customers across six countries, representing over 7% of the world's population [7] - The company focuses on providing connectivity and digital services to drive economic growth and transform lives [7] Investor Confidence - VEON expresses gratitude to investors for their continued confidence and support during the period of frozen corporate rights [3] - The court ruling is seen as a win-win for VEON's investors, Kyivstar, and Ukraine, enhancing the country's appeal as an investment destination [4]

Amsterdam, Dubai and Kyiv, 29 November 2024: VEON Ltd. (Nasdaq: VEON), a global digital operator (“VEON” or the “Company”), is pleased to announce that the Shevchenkivskyi District Court of Kyiv has ruled in favor of a request to unfreeze 47.85% of VEON’s corporate rights in Kyivstar and 100% of VEON’s corporate rights in its other Ukrainian subsidiaries (Ukraine Tower Company, Kyvistar Tech and Helsi). The decision fully removes the restrictions on VEON’s corporate rights imposed by the Ukrainian courts on ...

Company Strategy - VEON consolidates its share trading on the Nasdaq Capital Market in New York, ceasing trading on Euronext Amsterdam to enhance liquidity and simplify reporting [1][2] - The move to Nasdaq is part of VEON's strategy to improve accessibility for current and potential investors, focusing on growth in dynamic frontier markets [3] - VEON plans to relocate its Group headquarters to Dubai, increasing visibility for Gulf investors and becoming the largest Nasdaq-listed company with a Dubai headquarters [4] Shareholder Information - VEON's common shares will continue to be traded on Nasdaq as American depositary shares (ADSs), with each ADS representing 25 common shares under the ticker symbol VEON [4] - Euronext Amsterdam shareholders can deposit their Common Shares with The Bank of New York Mellon in exchange for ADSs, with VEON covering ADS issuance fees until 6 December 2024 [5] Company Overview - VEON is a Nasdaq-listed digital operator providing connectivity and digital services to nearly 160 million customers across six countries, representing over 7% of the world's population [7] - The company focuses on technology-driven services that empower individuals and drive economic growth in its operating regions [7]

Amsterdam and Dubai, November 21, 2024 – VEON Ltd. (Nasdaq: VEON, Euronext Amsterdam: VEON), a global digital operator, (“VEON” or the “Company” or together with its subsidiaries, the “Group”), today published the 2023 Dutch Annual Report for its wholly-owned subsidiary VEON Holdings B.V., which includes audited consolidated financial statements for the year ended December 31, 2023. A copy of the VEON Holdings B.V. 2023 Dutch Annual Report can be found on the Financial Results section of VEON website: http ...

Amsterdam and Dubai, 21 November 2024: VEON Ltd. (Nasdaq: VEON; Euronext Amsterdam: VEON), a global digital operator (“VEON” or the “Company”), today confirms that, as previously announced, its shares will cease trading on the Euronext Amsterdam at the close of trading tomorrow, 22 November 2024 (the “Last Trading Date”), and that the delisting of its common shares from trading on Euronext Amsterdam (the “Euronext Amsterdam Delisting”) will be effective from Monday, 25 November 2024. As it moves to consolid ...

Stock Performance - VEON Ltd shares have rallied approximately 36% and 25% since the initial upgrade to a 'Buy' rating in May and the reiterated bullish stance in late July [1] Investment Strategy - The investment approach focuses on buying undervalued profitable stocks with strong balance sheets and minimal debt [2] - Additional income is generated by writing calls against positions when opportunities arise [2] - Risk management is implemented through position sizing and the use of trailing stop losses over time [2]

Amsterdam, Dubai and Tashkent, 19 November 2024: VEON Ltd. (Nasdaq: VEON, Euronext Amsterdam: VEON), a global digital operator (“VEON” or the “Company”), today announces that its subsidiary Beeline Uzbekistan has signed a Memorandum of Understanding (MoU) with the GSMA and the Ministry of Digital Technologies of the Republic of Uzbekistan to hold M360 Eurasia 2025 in Tashkent on 20-21 May 2025.  The signing ceremony took place during M360 MENA 2024 in Doha, Qatar. Presented by the GSMA, M360 is a series o ...

Amsterdam and Dubai, 15 November 2024 - VEON Ltd. (Nasdaq: VEON, Euronext Amsterdam: VEON), a global digital operator, ("VEON" or the "Group"), announces that it has completed the registration of and received the commercial license for its branch office in Dubai International Finance Centre (“DIFC”). “We are pleased to receive the necessary licenses from Dubai authorities for our branch office. These approvals enable us to upgrade our presence in Dubai in line with our plans to move VEON’s headquarters to ...