Beeline Uzbekistan provides Support for Women's IT Entrepreneurs

Uzbekistan – May 5, 2022 VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a global digital operator that provides mobile connectivity and services, announces today that Beeline Uzbekistan, part of the VEON Group of Companies, has become a digital partner of the large-scale International project

Tumaris.TECH, a programme that will support women's initiatives in Information Technology (IT). The Tumaris.TECH project brings together women working and doing business in the field of IT across Uzbekistan, Kazakhstan, Kyrgyzstan, Tajikistan and Turkmenistan. The initiative will include workshops, accelerator programmes, case studies on start-ups, classes on financial literacy and other relevant topics. The first event will be the

Tumaris.HACK online hackathon , scheduled for May 27-29, with women across the Central Asian countries invited to create prototypes of digital products that solve current socio-economic problems in financial services, e-commerce, DeepTech and other areas. Applications for teams and individual participants are accepted by the organisers until May 23 rd 2022. “Developing and supporting local IT talent is paramount to the success of Uzbekistan's digital transformation,” said Kaan Terzioglu, CEO, VEON. “By holding a hackathon designed for women, we are not only implementing a completely new and unique practice in Central Asia, but also helping to encourage diversity among IT professionals in a digital world.” The second phase of the hackathon and incubation programme starts in September 2022. This will be followed by case studies of start-ups, created throughout the project, presented to the collected participants and speakers in February 2023. “In today's digital environment, women are playing an ever-increasing role and we want to encourage this as much as possible,” continues Andrzej Malinowski, CEO, Beeline Uzbekistan. “Our goal is to equip Tumaris.TECH participants with the knowledge they need and create the conditions for them to build successful start-ups.” Beeline will present iPads to the winners of the hackathon and will also take part in the project events as a company with deep expertise in the field of digital technologies. Representatives of VEON will also become members of the judging panel and mentors to participants, sharing their experience during the June incubation and acceleration programme, where Beeline will organise a training module in digital areas.

About VEON

VEON is a NASDAQ and Euronext Amsterdam-listed global provider of connectivity and digital services serving nine countries, which together are home to 9% of the world’s population. Our 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

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. Forwardlooking statements are not historical facts, and include statements relating to, among other things, the benefits associated with developing and supporting IT talent. Forward-looking statements are inherently subject to risks and uncertainties, many of 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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