Release Details

Uklon’s first large-scale expansion beyond Tashkent brings ride-hailing and delivery services to nearly 11 million people

Kyiv, Ukraine and Tashkent, Uzbekistan, August 7, 2026 -- Kyivstar Group Ltd. (Nasdaq: KYIV; KYIVW), the parent company of JSC Kyivstar (“Kyivstar”),Ukraine’s leading digital operator, today announced that Uklon, Ukraine’s leading ride-hailing and delivery platform and part of Kyivstar’s digital ecosystem, is expanding into Uzbekistan’s Fergana Valley, with launches planned in five new cities: Fergana, Margilan, Kokand, Namangan, and Andijan.

Uklon began onboarding drivers in all five cities on August 5, 2026. The launch will proceed in stages, with driver onboarding as the first step, followed by the rollout of ride-hailing and delivery services for users. The Fergana Valley region is the first planned phase of Uklon’s large-scale expansion beyond Tashkent, with the service to be rolled out gradually across the five cities in the region.

“Uklon’s growth in Uzbekistan reflects the same approach we take across our digital ecosystem: identify where people’s everyday needs are underserved and build simple, reliable services around them,” said Oleksandr Komarov, President of Kyivstar Group. “The Fergana Valley is exactly the type of high-density, high-mobility market where ride-hailing and delivery can make a real difference, and this expansion shows Uklon’s potential for scaling beyond its home market.”

The Fergana Valley is one of Uzbekistan’s largest population and mobility hubs. Nearly 11 million people live across the Fergana, Andijan, and Namangan regions, representing approximately 29% of the country’s population, with all three among the most densely populated regions of Uzbekistan.

“Expanding into the Fergana Valley is an important step in Uklon’s international growth strategy,” said Serhii Hryshkov, CEO of Uklon. “Uzbekistan remains a strategic market for us, and moving beyond Tashkent into the Fergana Valley is a natural progression. By launching in five interconnected cities at once, we’re laying the foundation for sustainable long-term growth — bringing the same reliable, high-quality mobility experience that users and driver-partners already know from Tashkent to one of the country’s most dynamic regions.” 

Drivers will be able to register and join the platform independently through the Uklon Driver app. Those who need assistance at any stage can contact Driver Care, Uklon’s dedicated driver support service, where specialists will provide guidance on registration and onboarding.

Users in Kokand and Namangan will have access to the Light and Comfort ride classes, while Light, Comfort, and Fast Search will be available in Andijan, Fergana, and Margilan. Users will also have access to Uklon’s 24/7 customer support service.

About Kyivstar Group Ltd. 
Kyivstar Group Ltd. 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 Group Ltd.’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

About Uklon
Uklon is a product-driven service IT company and the developer of the Uklon ride-hailing platform. Since April 2025, 97% of the company’s corporate rights have been owned by JSC Kyivstar, Ukraine’s largest electronic communications operator.
JSC Kyivstar is part of the VEON Group, an international digital operator serving more than 160 million customers. VEON provides services across telecommunications, ride-hailing, streaming, healthtech, fintech, and other digital sectors. VEON shares are listed on the Nasdaq stock exchange.
Official website: https://uz.uklon.eu/en/home/ 

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, Uklon’s planned rollout into Fergana Valley and international expansion. There are numerous risks and uncertainties, many of which Kyivstar cannot predict with accuracy or even anticipate, and which could cause actual results and performance to differ materially from those expressed by such statements, including risks relating to Kyivstar’s ability to achieve anticipated results and business objectives, 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.
 

Contact information
Kyivstar Group Ltd
Investor Relations
ir@kyivstargroup.com