VEON's 2025 Annual General Meeting Announcement
VEON Ltd. (Nasdaq: VEON), a prominent global digital operator, has officially announced the date for its upcoming Annual General Meeting (AGM) of Shareholders, set for May 8, 2025. The record date for participation is established as March 31, 2025. This meeting holds significant importance as it allows shareholders to engage with the company’s strategic direction and governance.
Board Nominees for Re-election
The Board of Directors has put forth a slate of nominees for re-election, comprising the current seven Board members. This group includes nominees gained through statutory requisitions from shareholders who possess over 5% of the issued share capital. Notable nominees include Augie K Fabela II, Andrei Gusev, Sir Brandon Lewis, Duncan Perry, the esteemed Michael R. Pompeo, Michiel Soeting, and the current CEO, Kaan Terzioglu.
Chairman's Comments on Board Composition
Augie K Fabela II, the Chairman of the Board, highlighted the Company’s strong performance in the past year, emphasizing the effectiveness of the current strategy. He indicated that the blend of skills and experience among the Board members remains crucial, especially as new members join in 2024. This continuity is intended to support the ongoing success and focus on VEON’s strategic initiatives.
AGM Agenda Highlights
Beyond the board nominations, the AGM agenda is set to include the re-appointment of UHY LLP as the external auditor for the financial year ending December 31, 2025. Shareholders will also have the opportunity to review the auditor's report alongside the audited financial statements for the previous financial year, which concluded on December 31, 2024. This transparency is key for fostering trust and engagement within the shareholder base.
Further Details and Information Sharing
In the lead-up to the AGM, VEON will provide more comprehensive details regarding the meeting, including biographies of the nominees, voting procedures, and additional procedural matters. This information will be shared through official communications to all registered shareholders, ensuring everyone is well-informed ahead of the meeting.
About VEON: A Look at the Company
VEON is not just another digital operator; it’s a transformative force within the telecommunications landscape. Catering to nearly 160 million customers and operating across six different countries, VEON embodies a commitment to enhancing lives through innovative technology and services. By addressing the connectivity needs of a significant demographic representing over 7% of the global population, VEON is at the forefront of fostering economic growth and empowering individuals.
Continuous Innovation and Growth
VEON's dedication to technology-driven solutions means that it is constantly evolving to meet the demands of its diverse customer base. The strategic initiatives undertaken by the Company reflect a forward-thinking approach aimed at harnessing the power of digital transformation to drive future growth.
Frequently Asked Questions
What is the date of VEON's 2025 AGM?
The AGM is scheduled for May 8, 2025.
Who are the key nominees for the Board of Directors?
Key nominees include Augie K Fabela II, Andrei Gusev, and others, including Michael R. Pompeo and Kaan Terzioglu.
What is the purpose of the AGM?
The AGM allows shareholders to vote on Board members, receive financial reports, and participate in discussions about the Company’s strategy.
Who is responsible for the Company’s external auditing?
UHY LLP is recommended for re-appointment as the external auditor for the financial year ended December 31, 2025.
How can shareholders get more information about the AGM?
VEON will provide detailed information, including nominees' biographies and procedural matters, to registered shareholders ahead of the meeting.
