Deferred Prosecution Agreement Veon

With the completion of the DPA, the U.S. Department of Justice asked the U.S. District Court for the Southern District of New York to dismiss the charges deferred by the DPA. VimpelCom has reached an agreement on deferred prosecution in connection with a criminal investigation accusing the company of conspiracy to violate fcpa`s anti-corruption and books and registration rules, and a separate charge of violating FCPA`s internal control rules. In accordance with its agreement with the Ministry, VimpelCom has agreed to pay the United States a total fine of $US 230,326,398.40, including US$40 million. VimpelCom has also agreed to put in place strict internal controls, maintain a compliance monitor for a period of three years, and fully cooperate with the department`s ongoing investigations, including the investigation of individuals. VEON is a global provider of connectivity and internet services listed on NASDAQ and Euronext Amsterdam, headquartered in Amsterdam. Our vision is to strengthen our clients` ambitions through technology, acting as a digital concierge to guide their decisions and match them with resources tailored to their needs. For more information, see: www.veon.com. This press release contains “forward-looking statements” as defined in the amended Section 27A of the U.S. Securities Act of 1933 and Section 21E of the U.S.

Securities Exchange Act of 1934, as amended. In addition, VimpelCom admitted to falsifying its books and records and attempting to conceal and conceal the corruption system by classifying payments as equity transactions, advisory and refusal agreements, and returnee transactions.

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