VEON Ltd. announced the results of the elections conducted at its Annual General Meeting of Shareholders held earlier June 29, 2022. Shareholders elected three new members to the Company's Board of Directors: Morten Lundal and Stan Miller. The Board would like to thank Gennady Gazin, Leonid Boguslavsky and Sergi Herrero for their contribution and service to the Company.

Morten Lundal has over 20 years' experience as an executive in the telecoms sector with extensive experience in emerging markets, having held key positions at Telenor Group in Oslo and Vodafone Group in London as well as CEO of Maxis Bhd and Digi.Com Bhd in Malaysia. Morten completed his Master of Business and Economics at the Norwegian School of Management and holds an MBA from IMD in Lausanne. Stan Miller has over 30 years' experience in both the telecommunications and media industries.

He has deep and broad experience as an Executive Director and CEO, NED & INED at listed companies across a number of diverse markets and countries. He is currently CEO of AIH SA (Lux), CEO of Leaderman SArL (Lux), a Member of the Board of MTN Group (Africa), and senior advisor to several leading PE firms. Stan graduated with a Diploma in Law & Administration from Technicon RSA (UNISA). He completed several post graduate programs at University of Cape Town Graduate School of Business (UCT) and at London Business School (LBS).