v3.26.1
GENERAL INFORMATION (Tables)
12 Months Ended
Dec. 31, 2025
General Information  
Disclosure of interests in subsidiaries The table below shows the interests held by Kyivstar Group in its principal subsidiaries as of December 31:
20252024
NameInterestCountry of operationInterestCountry of operation
JSC Kyivstar99.995 %Ukraine99.995 %Ukraine
LLC Kyivstar.Tech100.00 %Ukraine100.00 %Ukraine
LLC Helsi Ukraine *97.99 %Ukraine69.99 %Ukraine
LLC Lan Trace100.00 %Ukraine100.00 %Ukraine
LLC Uklon Corporate *97.00 %Ukraine— — 
LLC Uklon Tech *97.00 %Ukraine— — 
LLC Uklon Ltd *97.00 %Cyprus— — 
Uklon LLC (100.00% subsidiary of LLC Uklon Ltd)
100.00 %Uzbekistan— — 
Kyivstar Holdings B.V.***100.00 %Netherlands— — 
Kyivstar Cayman Corp.**100.00 %Cayman Islands— — 
SUNVIN 11 LLC100.00 %Ukraine— — 
*In each of these subsidiaries, a symmetrical put and call option agreement for the remaining ownership interest exists. As a result, on each respective acquisition date, the Company determined that it had a present ownership interest in the remaining ownership percentage and has consolidated these subsidiaries fully at 100%.
**The entity was liquidated on January 28, 2026.

***Name of VEON Holdings B.V. has been changed to Kyivstar Holdings B.V., effective February 10, 2026.