AMSTERDAM, 10th June 2022 –  VEON Ltd. (NASDAQ and Euronext Amsterdam: VEON), a global digital operator that provides mobile connectivity and services, announces that Volodymyr Lutchenko , Chief Technology Officer of its operating company in Ukraine, Kyivstar, has received Mobile Europe’s CTO of the Year award.

Volodymyr Lutchenko was presented with the “Above and Beyond” CTO award at Mobile Europe’s CTO of the Year presentation. Announcing the award, Mobile Europe stated: “While this Award recognises of the extraordinary bravery and determination of Volodymyr and his colleagues in maintaining communications in Ukraine right now, the judges also want to stress how impressed they are by the network itself, which was built to be resilient and flexible. The quality of their network strategy, design, deployment and operation has been demonstrated in the most difficult and dangerous circumstances.”

Mobile Europe, a leading B2B publication in the telecommunications industry, is now in its tenth year of presenting the prestigious CTO of the Year awards, which aim to celebrate the heroes of communications service providers. The awards were decided by a panel of impartial judges comprising the publication’s editor along with industry experts.

As CTO of Ukraine’s largest provider of electronic communications services, Lutchenko has worked tirelessly to overcome difficult technical challenges during the past five months, while Kyivstar has launched a number of initiatives dedicated to helping the people of Ukraine maintain access to communications and digital services through their mobile devices during exceptionally difficult and dangerous times. Most recently, Lutchenko oversaw the building of over 100 new mastheads, the restoration of towers and repair of damaged infrastructure, and the provision of internet access at over 1,200 shelters.

“In this connected world, communication is no longer a privilege, but a vital necessity. Never has this has been clearer than in the events of the past five months in Ukraine,” commented Volodymyr Lutchenko. “To be able to provide such an essential service for people to stay connected with the loved ones in these unprecedented times is a true honour. I am extremely grateful to Mobile Europe and the members of the judging panel for their recognition. I would also like to thank the amazing team at Kyivstar that has done an incredible job in maintaining operational networks across Ukraine in the most difficult of circumstances. ”

About VEON

VEON is a NASDAQ and Euronext Amsterdam-listed global provider of connectivity and digital services. VEON’s operating companies are transforming lifestyles through technology-driven services that empower opportunity in some of the world's fastest-growing emerging markets. For more information, visit: https://www.veon.com

About Kyivstar

Kyivstar is Ukraine's largest provider of electronic communications services, serving 26.2 million mobile phone subscribers and over 1 million subscribers to the Home Internet as of the end of 2021. The company provides services based on a wide range of mobile and fixed technologies, including 4G. Today more than 90% of Ukraine's population lives in the LTE coverage area of Kyivstar. The company provides the highest average mobile data transfer speeds among Ukrainian mobile operators, as confirmed by Ookla's Speedtest research. The company's customers have access to mobile, fixed-line Internet, convergent solutions, innovative Big Data, IoT, Cloud solutions, mobile financial services, digital TV, etc. Kyivstar has been operating in Ukraine for 24 years and is recognized as the largest taxpayer in the communications market, the best employer, and a socially responsible company. For more information: pr@kyivstar.net, www.kyivstar.ua.

Disclaimer

This release contains "forward-looking statements", as the phrase is defined in Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. Securities Exchange Act of 1934, as amended. Forward-looking statements are not historical facts, and include statements relating to, among other things, the Company’s network in Ukraine, which VEON cannot predict with accuracy and some of which VEON might not even anticipate. The forward-looking statements contained in this release speak only as of the date of this release. VEON does not undertake to publicly update, except as required by U.S. federal securities laws, any forward-looking statement to reflect events or circumstances after such dates or to reflect the occurrence of unanticipated events.

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