Amsterdam, 6 May 2020 – VEON Ltd. (NASDAQ and Euronext Amsterdam: VEON), a leading global provider of connectivity and internet services, has withdrawn  from discussions with UCom CJSC related to a potential transaction involving its operating company in Armenia, which was previously disclosed on 15 January 2020.

About VEON

VEON is a NASDAQ and Euronext Amsterdam-listed global provider of connectivity and internet services, headquartered in Amsterdam. For more information visit: http://www.veon.com