VEON appoints Artashes Davtyan as CEO of Beeline Uzbekistan

AMSTERDAM, March 8, 2021 /PRNewswire/ -- VEON Ltd. (NASDAQ: VEON) (Euronext Amsterdam: VEON), a leading global provider of connectivity and internet services, announces the appointment of Artashes Davtyan as CEO of Beeline Uzbekistan, effective 15 March 2021.

Artashes joins Beeline Uzbekistan with a wealth of commercial and leadership experience from international FMCG companies including Gillette, PepsiCo and Mars, and most recently Yandex where he was Head of Private Label in its digital retail delivery business, Yandex.Lavka.

Kaan Terzioğlu, VEON's co-CEO, commented: "We welcome Artashes to the VEON family and are confident that his impressive track record of leading FMCG and digital businesses will be a great fit for the customer-first mindset of our Group. We look forward to his contribution to our core business in Uzbekistan and his support for our sustainability and compliance initiatives in this vibrant market for our services."

About VEON

VEON is a NASDAQ and Euronext Amsterdam-listed global provider of connectivity and internet services.  For more information visit: www.veon.com.

Disclaimer

This release contains "forward-looking statements", as the phrase is defined in Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. Securities Exchange Act of 1934, as amended. Forward-looking statements are not historical facts, and include statements relating to, among other things, expectations regarding management plans and the ability to successfully execute operating model, governance and development plans. Forward-looking statements are inherently subject to risks and uncertainties, many of which VEON cannot predict with accuracy and some of which VEON might not even anticipate. The forward-looking statements contained in this release speak only as of the date of this release. VEON does not undertake to publicly update, except as required by U.S. federal securities laws, any forward-looking statement to reflect events or circumstances after such dates or to reflect the occurrence of unanticipated events.

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SOURCE VEON Ltd