Vodafone Ukraine continues to improve its debt position

Vodafone Ukraine would like to announce the completion of the second round of the repurchases of USD 45mm in the principal amount of its 2025 notes in the market.

Together with the first round of repurchases of USD 49mm, the total amount repurchased and cancelled notes to date is USD 94M.

Vodafone Ukraine would like to reiterate that in line with the principles of its pro-active debt management strategy, the Company will, on an ongoing basis, continue considering opportunities to manage its debt portfolio, opportunistically and subject to market conditions.

The Company's debt management strategy extends to both its private and public debt instruments and includes inter alia open market operations and tenders – the amount of notes targeted in any such exercises may be material. The Company remains committed to maintaining a robust liquidity position as well as a sustainable debt leverage profile.