VEON Ltd. (VEON) shareholders re-elect Board

VEON Ltd. (Nasdaq: VEON), a global digital operator, today held its Annual General Meeting (AGM) in New York City at Nasdaq Stock Market, where the Company is listed. With the AGM, the Company’s shareholders approved the recommended slate of seven directors as VEON’s incoming Board of Directors (the “Board”), re-electing the seven directors who served on VEON’s Board in the previous term.

VEON welcomes back its founder Augie K Fabela II, Andrei Gusev, Rt. Hon. Sir Brandon Lewis CBE, Duncan Perry, 70th U.S. Secretary of State Michael R. Pompeo, Michiel Soeting and VEON Group CEO Kaan Terzioglu to the Board. Following the AGM, the new Board held its inaugural meeting, and re-elected VEON’s Founder Augie K Fabela II as the Chairman for a second term.

“I am honored to serve VEON for another term as the Chairman of the Board along with our distinguished directors. We will continue to work with our Group CEO and the Management team to accelerate VEON’s growth in dynamic frontier markets, transforming our customers’ lives with AI-enabled digital services, cutting-edge technologies and new businesses,” said Augie K Fabela II. “On behalf of the Board and the Management teams of VEON, I want to thank our shareholders for their support for our Company and for their participation in our AGM. We all look forward to a new term that will take VEON to new heights with our great pioneering spirit, creating value for all our stakeholders.”

Holders of approximately 99.5% of VEON Ltd. shares were represented at the AGM. The Company laid before shareholders the report of the Company’s auditor and the audited financial statements of the Company for the financial year ended December 31, 2024. Shareholders also approved the re-appointment UHY LLP as external auditor of the Company’s financial statements for the financial year ended December 31, 2025, and confirmed the authority of the directors to fix the remuneration of UHY and such other audit firms as shall be necessary for compliance with law and regulation applicable to the Company.

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