Capital market development and financial inclusion: NSSMC signed a memorandum of cooperation at the Ukraine Recovery Conference

Today, at the Ukraine Recovery Conference, the National Securities and Stock Market Commission (NSSMC) signed a Memorandum of Cooperation aimed at developing Ukraine’s capital market, expanding investment opportunities for citizens, increasing financial inclusion among the population, and integrating the Ukrainian capital market into the international financial infrastructure. Kyivstar Group served as a partner under the memorandum.

Under the memorandum, the sides also expressed interest in developing market mechanisms that would expand opportunities for Ukrainian investors to gain access to shares of Ukrainian companies listed on international stock exchanges. Any such initiatives will be implemented only after the necessary legal, regulatory, and organizational procedures are completed in accordance with Ukrainian legislation.

“We are convinced that Ukrainian investors should have more opportunities to participate in the development of successful Ukrainian companies through market mechanisms that are in line with international best practices. That is why we support initiatives aimed at developing Ukraine’s capital market and integrating it into the international financial infrastructure. We consider the signing of this memorandum to be an important step toward creating the conditions necessary for the implementation of such projects in the future,” said Oleksandr Komarov, President of the Kyivstar Group.

The sides plan to work together to develop the necessary legal, regulatory, and organizational frameworks for establishing the relevant mechanisms in accordance with Ukrainian legislation.

“Capital market development is, first and foremost, about creating for citizens investment mechanisms that are understandable, transparent, and secure, and that comply with international best practices. The regulator’s task is to set rules and infrastructure that bring the market closer to the people and open up new opportunities for secure investing. The signed memorandum lays the foundation for joint work on developing such mechanisms and for the further integration of the Ukrainian capital market into the international financial infrastructure,” said Oleksii Semeniuk, Chairman of the NSSMC.

The memorandum lays the foundation for further cooperation between the government and the business community in developing Ukraine’s capital market, expanding investment opportunities for citizens, and integrating Ukraine’s financial infrastructure into the global economy.

Background information on Kyivstar Group Ltd.
Kyivstar Group Ltd. (“Kyivstar”) is a holding company whose shares are listed on the Nasdaq stock exchange and which manages the operations of Kyivstar PrJSC, Ukraine’s leading electronic communications operator and the first Ukrainian company to be traded on a U.S. stock exchange.

The companies of Kyivstar Group provide a wide range of services in electronic communications and digital services, including mobile and fixed-line communications and data transmission, car rental and telemedicine services, digital television, as well as corporate solutions in the areas of Big Data, cloud technologies, and cybersecurity.

Additional information: https://investors.kyivstar.ua.
Nasdaq tickers: KYIV; KYIVW

Background information on Kyivstar PrJSC
Kyivstar PrJSC is Ukraine’s leading electronic communications operator, which, as of 13 March 2026, served approximately 22 million mobile subscribers and over 1.2 million fixed-line subscribers. The company provides services using a wide range of mobile and fixed-line technologies, including 4G, Big Data, cloud solutions, cybersecurity services, digital television, and more. Kyivstar PrJSC is fully owned by Kyivstar Group Ltd (Nasdaq: KYIV; KYIVW), whose shares are traded on the U.S. stock exchange Nasdaq.

The company is helping Ukraine overcome the challenges of wartime and, over the past three years, has allocated more than UAH 4.4 billion to support the Armed Forces, its subscribers, and the implementation of social projects. Kyivstar PrJSC has been operating in Ukraine for 28 years and is recognized as the largest taxpayer in the electronic communications market, the best employer, and a socially responsible company.

For additional information: [email protected], www.kyivstar.ua.

Background information on the NSSMC
The National Securities and Stock Market Commission is a state collegial body that performs state regulation and supervision of Ukraine’s capital markets and organized commodity markets.