In each case, issued by VEON Holdings B.V. (the "Issuer") (collectively, the "2023 Notes")

Invitation to holders of 2023 Notes to contact VEON Ltd.

Amsterdam, Netherlands, 14 October 2022 07:00: VEON Ltd. (NASDAQ, Euronext Amsterdam: VEON), a global digital operator that provides converged connectivity and online services, would like to identify beneficial holders of interests in the 2023 Notes (the "2023 Noteholders") issued by the Issuer, with a view to commencing discussions with the 2023 Noteholders in respect of the 2023 Notes shortly. Holders of the 2023 Notes are therefore invited to contact VEON Ltd. at their earliest convenience. The relevant contact details of VEON Ltd. for these purposes are set out at the bottom of this announcement.

VEON Ltd. is unable to engage with any holders of 2023 Notes who are designated or otherwise subject to asset freezes or equivalent blocking restrictions under EU, UK, U.S. or other applicable sanctions regimes. Accordingly, such holders should not contact VEON Ltd. in response to this announcement.

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VEON Ltd. published this content on 14 October 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 October 2022 05:21:02 UTC.