Kyivstar Appoints Volodymyr Lutchenko as Chief Operating Officer
Kyiv, Ukraine and New York, September 28, 2026 – Kyivstar Group Ltd. (Nasdaq: KYIV; KYIVW) (the “Company” or “Kyivstar”), Ukraine’s leading digital operator and part of VEON Group (Nasdaq: VEON), today announced the appointment of Volodymyr Lutchenko as Chief Operating Officer for JSC Kyivstar, effective since 2 October 2026. The newly created role reflects the Company’s continued evolution as a digital operator, with the ongoing growth of its digital ecosystem and the delivery of large-scale technology projects requiring a strong focus on operational efficiency.
Lutchenko has served as Kyivstar’s Chief Technology Officer (CTO) since 2021. As Chief Operating Officer, he will oversee the operations of JSC Kyivstar, ensuring effective execution of business strategy, network continuity and reliability, high-quality customer service, operational efficiency and business resilience.
“The telecom business remains the foundation of Kyivstar’s ecosystem, providing the platform for the development and scaling of new digital services,” said Oleksandr Komarov, President of Kyivstar Group Ltd. “For us, it is important not only to set ambitious plans, but to ensure their fast and effective execution, which is why we have decided to strengthen our operational leadership. Volodymyr brings the discipline and operational rigor this role demands, and I’m confident he will drive it with the same commitment he has shown throughout his time at Kyivstar.”
Lutchenko commented, “I look forward to focusing on the precise and timely execution of JSC Kyivstar strategic priorities, as well as strengthening operational efficiency, technological development, and the quality of service we provide to our customers.”
Lutchenko has more than 30 years of experience in electronic communications. As Chief Technology Officer, he played a key role in strengthening JSC Kyivstar’s infrastructure resilience during the full-scale war, overseeing the transformation of JSC Kyivstar’s network, energy and security architecture, the introduction of multi-layer network redundancy, and the strengthening of its cybersecurity posture.
Under Lutchenko’s leadership, JSC Kyivstar significantly expanded its 4G coverage, completed the 3G sunset project, launched 5G pilots, modernized its infrastructure and integrated Starlink’s Direct-to-Cell satellite technology into its network. He is the recipient of several international industry awards, including Telco Executive of the Year (Network X, 2022), CTO of the Year (Mobile Europe, 2022), Crisis Response Award (World Communication Awards, 2023), and Best Mobile Innovation Supporting Emergency or Humanitarian Situations (GSMA Global Mobile Awards, 2024), received for projects focused on strengthening network resilience.
About Kyivstar Group Ltd.
Kyivstar Group Ltd. (“Kyivstar”) is a Nasdaq-listed holding company that operates JSC Kyivstar, Ukraine’s leading digital operator and the first Ukrainian company to list on a U.S. stock exchange.
Kyivstar’s companies provide a broad range of connectivity and digital services, including mobile and fixed-line voice and data, ride-hailing, e-health, digital TV, and enterprise solutions such as Big Data, cloud, and cybersecurity.
For more information, please visit https://investors.kyivstar.ua.
Nasdaq tickers: KYIV; KYIVW
About JSC Kyivstar
JSC Kyivstar is Ukraine’s leading digital operator, serving more than 21.8 million mobile customers and over 1.3 million home internet fixed line customers as of June 30, 2026. The company provides services using a wide range of mobile and fixed technologies, including 4G, Big Data, cloud solutions, cybersecurity services, digital TV, and more.
JSC Kyivstar is wholly owned by Kyivstar Group Ltd. (Nasdaq: KYIV; KYIVW), whose shares are traded on the U.S. stock exchange Nasdaq.
Additional information: pr@kyivstar.net , www.kyivstar.ua
Disclaimer
This press release contains “forward-looking statements,” as the phrase is defined in Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. Securities Exchange Act of 1934, as amended. Such forward-looking statements include, but are not limited to, statements relating to, among other things, execution of Kyivstar Group’s strategy, leadership transition, growth plans and digital transformation objectives. There are numerous risks and uncertainties that could cause actual results and performance to differ materially from those expressed by such statements, including risks relating to Kyivstar Group’s strategy objectives, leadership transition, growth plans, ongoing growth of the digital ecosystem, and the appointment of a Chief Operating Officer, among others discussed in the section entitled “Risk Factors” included in Kyivstar Group’s annual report on Form 20-F filed with the U.S. Securities and exchange Commission (“SEC”) on March 16, 2026, as amended and supplemented from time to time, and in any other subsequent filings with the SEC by Kyivstar Group. The forward-looking statements contained herein speak only as of the date of this release and Kyivstar Group disclaims any obligation to update or revise them, other than to the extent as required by applicable law.