v3.25.2
SHARE-BASED PAYMENTS (Tables)
6 Months Ended
Jun. 30, 2025
Share-based payments [Abstract]  
Schedule of share-based payment expense The following table sets forth the total share-based payment expense for the six and three-month periods ended June 30 in
relation to all directors and employees of the Company.
Six-month period
Three-month period
2025
2024
2025
2024
Equity-settled share-based payment expense
17
12
7
8
Cash-settled share-based payment expense
2
5
2
4
Total share-based compensation expense
19
17
9
12
Schedule of share-based payment liability The following table sets forth the total share-based payment liability in relation to all directors and employees of the Company.
June 30, 2025
December 31,
2024
Current liability
7
6
Non-current liability
6
9
Total liability for share-based payments
13
15
Fair value assumptions share-based payments The following table sets forth the principal assumptions applied by VEON in determining the fair value of equity settled share-
based payment instruments with market performance conditions as of grant date and for cash-settled awards with market
performance conditions remeasured at June 30, 2025:
Assumptions affecting inputs to fair value model
Equity-settled
Cash-settled
Annual risk-free rates of return and discount rates (%)
4.05%
3.69%
Long-term dividend yield (%)
%
%
Volatility of share price (%)
50.24%
45.04%
Share price (p)*
$1.96
$1.84
* To ensure data consistency, all awards were converted to VEON common share price equivalents.