VEON Ltd. · NASDAQ:VEON

VEON — Q4 2023 Earnings Presentation

8 slides from VEON's earnings presentation, Mar 21, 2024

  1. Slide 1: Average and closing rates of functional currencies to USD

    VEON Group Average and closing rates of functional currencies to USD Index Long Name ISO code 4Q23 4Q22 YoY 4Q23 4Q22 YoY Consolidated VEON Pakistan Rupee PKR 282.87 222.98 (26.9%) 281.56 226.66 (24.2%) Customers Bangladeshi Taka BDT 110.13 102.77 (7.2%) 109.56 103.14 (6.2%) Ukraine Ukraine Hryvnia

  2. Slide 2: VEON index page (consolidated)

    VEON index page (in USD millions, unless stated otherwise, unaudited) Consolidated* 1Q21 2Q21 3Q21 4Q21 1Q22 2Q22 3Q22 4Q22 1Q23 2Q23 3Q23 4Q23 FY20 FY21 FY22 FY23 Total revenue 913 966 983 988 968 957 890 940 884 916 945 953 3,482 3,850 3,755 3,698 Service revenue 876 928 944 942 925 924 860 905 85

  3. Slide 3: VEON index page: mobile and broadband customers

    VEON index page (in millions) Mobile customers 1Q20 2Q20 3Q20 4Q20 1Q21 2Q21 3Q21 4Q21 1Q22 2Q22 3Q22 4Q22 1Q23 2Q23 3Q23 4Q23 FY20 FY21 FY22 FY23 Pakistan 62.0 62.8 64.2 66.4 69.2 69.8 71.4 72.6 75.0 75.5 75.0 73.7 73.7 71.2 70.5 70.6 66.4 72.6 73.7 70.6 Bangladesh 33.6 32.1 32.8 33.2 34.3 34.4 34.

  4. Slide 4: Ukraine index page

    Ukraine index page (in USD millions, unless stated otherwise, unaudited) CONSOLIDATED 1Q20 2Q20 3Q20 4Q20 1Q21 2Q21 3Q21 4Q21 1Q22 2Q22 3Q22 4Q22 1Q23 2Q23 3Q23 4Q23 FY20 FY21 FY22 FY23 Total revenue 238 223 236 237 245 257 270 282 276 252 219 224 228 235 238 217 933 1,055 971 919 Service revenue 23

  5. Slide 5: Pakistan index page

    Pakistan index page (in USD millions, unless stated otherwise, unaudited) MOBILE 1Q20 2Q20 3Q20 4Q20 1Q21 2Q21 3Q21 4Q21 1Q22 2Q22 3Q22 4Q22 1Q23 2Q23 3Q23 4Q23 FY20 FY21 FY22 FY23 Total revenue 316 288 303 325 347 370 349 341 338 320 284 328 265 267 274 294 1,233 1,408 1,270 1,100 Service revenue 2

  6. Slide 6: Kazakhstan index page

    Kazakhstan index page (in USD millions, unless stated otherwise, unaudited) CONSOLIDATED 1Q20 2Q20 3Q20 4Q20 1Q21 2Q21 3Q21 4Q21 1Q22 2Q22 3Q22 4Q22 1Q23 2Q23 3Q23 4Q23 FY20 FY21 FY22 FY23 Total revenue 118 111 122 128 128 137 150 154 141 160 166 169 175 188 204 208 479 569 636 775 Service revenue 1

  7. Slide 7: Bangladesh index page

    Bangladesh index page (in USD millions, unless stated otherwise, unaudited) MOBILE 1Q20 2Q20 3Q20 4Q20 1Q21 2Q21 3Q21 4Q21 1Q22 2Q22 3Q22 4Q22 1Q23 2Q23 3Q23 4Q23 FY20 FY21 FY22 FY23 Total revenue 137 130 136 134 135 140 145 143 144 148 144 140 138 144 146 141 537 564 576 570 Service revenue 134 128

  8. Slide 8: Uzbekistan index page

    Uzbekistan index page (in USD millions, unless stated otherwise, unaudited) CONSOLIDATED 1Q20 2Q20 3Q20 4Q20 1Q21 2Q21 3Q21 4Q21 1Q22 2Q22 3Q22 4Q22 1Q23 2Q23 3Q23 4Q23 FY20 FY21 FY22 FY23 Total revenue 55 48 48 47 45 47 51 51 53 56 61 64 63 66 65 75 198 194 233 269 Service revenue 54 48 48 47 45 47

VEON — Q4 2023 Earnings Presentation on 6ix