v3.26.1
SHARE-BASED PAYMENTS (Tables)
6 Months Ended
Jun. 30, 2026
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
2026
2025
2026
2025
Equity-settled share-based payment expense
10
17
4
7
Cash-settled share-based payment expense
1
2
2
Total share-based compensation expense
11
19
4
9
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, 2026
December 31,
2025
Current liability
3
7
Non-current liability
1
5
Total liability for share-based payments
4
12
Schedule of fair value assumptions share-based payments The following table sets forth the principal assumptions applied by VEON in determining the fair value of the newly issued equity
settled share-based payment instruments with market performance conditions:
Assumptions affecting inputs to fair value model
Equity-settled
Annual risk-free rates of return and discount rates (%)
3.55% - 4.17%
Long-term dividend yield (%)
—%
Volatility of share price (%)
44.97% - 49.68%
Share price (p)
$1.89 - $2.09