VEON conducting sales process for its Russian operations

VEON Ltd. announces it is conducting a sales process for its Russian operations

AMSTERDAM — VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a global digital operator that provides converged connectivity and online services, today announces that it is conducting a competitive sales process in relation to its Russian operations.

VEON’s management is currently exploring options in an effort to ensure that an optimal outcome is achieved for all relevant stakeholders, including VEON, its Russian operations, its shareholders, its creditors, its customers and its employees working both in and outside of Russia.