The following table provides the total amount of transactions that have been entered into with related parties and their affiliates for the years ended December 31: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 2025 | 2024 | 2023 | | Ultimate
and
Immediate
parent | Entities
under
common
control | Key
Management
Personnel | Ultimate
and
Immediate
parent | Entities
under
common
control | Key
Management
Personnel | Ultimate
and
Immediate
parent | Entities
under
common
control | Key
Management
Personnel | | Cost of services, equipment and accessories | — | | (11) | | — | | — | | (7) | | — | | — | | (6) | | — | | Selling, general and administrative
expenses | — | | — | | (10) | | — | | — | | (8) | | — | | — | | (7) | | | Finance costs | (3) | | (42) | | — | | (1) | | (35) | | — | | — | | (34) | | — | | | Depreciation charge of right-of-use asset | — | | (34) | | — | | — | | (27) | | — | | — | | (27) | | — | | | Impairment, net | — | | (1) | | — | | — | | — | | — | | — | | — | | — | | | Other operating income | — | | 3 | | — | | — | | 1 | | — | | — | | 1 | | — | | | Other operating expenses | — | | (10) | | — | | (21) | | (1) | | — | | (8) | | (2) | | — | | | Other income | — | | — | | — | | — | | 22 | | — | | — | | 21 | | — | | | Total | (3) | | (95) | | (10) | | (22) | | (47) | | (8) | | (8) | | (47) | | (7) | |
The following table provides the total balance of accounts with related parties and their affiliates as of December 31: | | | | | | | | | | | | | | | | | | | | | | 2025 | 2024 | 2023 | | Ultimate
and
Immediate
parent | Entities under
common control | Ultimate
and
Immediate
parent | Entities under
common control | Ultimate
and
Immediate
parent | Entities under
common control | | Right-of-use assets - LLC "Ukraine Tower Company" | — | | 214 | | — | | 169 | | — | | 167 | | | Trade and other receivables - LLC “Ukraine Tower Company” | — | | 1 | | — | | — | | — | | 11 | | | Financial assets - VEON Amsterdam B.V. | — | | — | | 363 | | — | | 343 | | — | | | Indemnity receivable from VEON Amsterdam B.V. | 40 | | — | | — | | — | | — | | — | | | Other receivables from VEON Amsterdam B.V. | 9 | | — | | — | | — | | — | | — | | | Financial assets - VEON Ltd. | 1 | | — | | 8 | | — | | — | | — | | | Total | 50 | | 215 | | 371 | | 169 | | 343 | | 178 | | | | | | | | | | Trade and other payables - LLC “Ukraine Tower Company” | — | | (8) | | — | | (6) | | — | | (5) | | | Trade and other payables - LLC “VEON Wholesale Services B.V.” | — | | — | | — | | — | | — | | (4) | | | Trade and other payables - VEON Ltd. | (17) | | — | | (8) | | — | | (14) | | — | | | Trade and other payables - VEON Group Holding Company Ltd | — | | (17) | | — | | — | | — | | (1) | | | Lease liabilities - LLC “Ukraine Tower Company” | — | | (250) | | — | | (195) | | — | | (184) | | | Loan Note Payable - VEON Amsterdam B.V. | (57) | | — | | — | | — | | — | | — | | | Short-term loans - LLC “VimpelCom Global Services Ukraine” | — | | — | | — | | — | | — | | (4) | | | Other current liabilities - LLC “Ukraine Tower Company” | — | | — | | — | | — | | — | | (1) | | | Other current liabilities - VEON Ltd. | (12) | | — | | — | | — | | — | | — | | | Total | (86) | | (275) | | (8) | | (201) | | (14) | | (199) | |
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