Group Chief Performance Transformation Officer leaves VEON)

Amsterdam, 8 December 2017 - VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a leading global provider of connectivity and internet services headquartered in Amsterdam and serving more than 235 million customers, today announces that Alexander Matuschka, Group Chief Performance Transformation Officer, will leave the company at the end of 2017. Mr. Matuschka played an important role in the company’s performance transformation program, contributing to its improved financial performance over the past two and a half years.

About VEON

VEON is a NASDAQ and Euronext Amsterdam-listed global provider of connectivity and internet services, with an ambition to lead the personal internet revolution for over 235 million customers that it currently serves, and for many others in the years to come.

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Disclaimer

Elements of this release contain, or may contain, "inside information" as defined under the Market Abuse Regulation (EU) No. 596/2014.