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VEON Publishes Annual Corporate Governance Report for Financial Year 2023

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VEON, a global digital operator, has published its Annual Corporate Governance Report for the financial year 2023. Released on May 15, 2024, the Report is available on the Financial Results section of VEON's website. It includes essential details ahead of the 2024 Annual General Meeting of Shareholders scheduled for May 31, 2024. The Report summarizes key 2023 achievements, outlines VEON's corporate governance structure, presents the Board of Directors' nominee recommendations, and provides an unaudited remuneration report for the year ending December 31, 2023.

Positive
  • Published comprehensive Corporate Governance Report for 2023.
  • Included key achievements of 2023 to inform stakeholders.
  • Outlined VEON's corporate governance structure clearly.
  • Provided Board of Directors' nominee recommendations.
  • Included an unaudited remuneration report for transparency.
Negative
  • The remuneration report for 2023 is unaudited.
  • No specific financial figures or performance metrics provided in the PR.
  • Key achievements and governance structure may lack depth or specifics.

VEON Publishes Annual Corporate Governance Report for Financial Year 2023

Amsterdam, 15 May 2024 – VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a global digital operator that provides connectivity and online services (“VEON” or the “Company”), today announces that it has published its Annual Corporate Governance Report, May 2024 (the “Report”) for the year ended 31 December 2023 on the Financial Results section of the Company’s website at https://www.veon.com/investors.

The Report provides the Company’s stakeholders with essential information ahead of the 2024 Annual General Meeting of Shareholders scheduled for 31 May 2024, including a summary of our key accomplishments in 2023 and details of the Company’s corporate governance structure, the Board of Directors’ recommendation of nominees for appointment to the Company’s Board and an unaudited remuneration report for the Group for the year ended 31 December 2023.

About VEON

VEON is a global digital operator provides converged connectivity and digital services to nearly 160 million customers. Operating across six countries that are home to more than 7% of the world’s population, VEON is transforming lives through technology-driven services that empower individuals and drive economic growth. Headquartered in Amsterdam, VEON is listed on NASDAQ and Euronext. For more information visit: https://www.veon.com.

Disclaimer

This 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. Forward-looking statements are not historical facts, and include statements relating to, among other things, VEON’s timeline for publication of its annual report and compliance with Nasdaq listing requirements. Forward-looking statements are inherently subject to risks and uncertainties, many of which VEON cannot predict with accuracy and some of which VEON might not even anticipate. The forward-looking statements contained in this release speak only as of the date of this release. VEON does not undertake to publicly update, except as required by U.S. federal securities laws, any forward-looking statement to reflect events or circumstances after such dates or to reflect the occurrence of unanticipated events. There can be no assurance that the initiatives referred to above will be successful.

VEON’s financial information  presented in the Report are, unless otherwise stated, based on IFRS and have not been externally reviewed and audited. The financial information included in this Report is preliminary and is based on a number of assumptions that are subject to inherent uncertainties and subject to change. The financial information presented herein, including that used in the remuneration report, is based on internal management accounts, is the responsibility of management and is subject to financial closing procedures which have not yet been completed and has not been audited, reviewed or verified.

Contact information

VEON
Investor Relations
Faisal Ghori
ir@veon.com


FAQ

What did VEON publish on May 15, 2024?

VEON published its Annual Corporate Governance Report for the financial year 2023.

When is VEON's 2024 Annual General Meeting of Shareholders?

VEON's 2024 Annual General Meeting of Shareholders is scheduled for May 31, 2024.

Where can VEON's Annual Corporate Governance Report for 2023 be found?

VEON's Annual Corporate Governance Report for 2023 is available on the Financial Results section of the Company's website.

What does VEON's Annual Corporate Governance Report for 2023 include?

It includes key 2023 accomplishments, corporate governance structure details, Board of Directors' nominee recommendations, and an unaudited remuneration report.

What stock symbol does VEON trade under on NASDAQ and Euronext Amsterdam?

VEON trades under the stock symbol 'VEON' on both NASDAQ and Euronext Amsterdam.

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Telecom Services
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Amsterdam