24 March 2014

Yogesh Malik Was Appointed as Chief Technology Officer of VimpelCom Ltd.

“VimpelCom Ltd.” today announces the appointment of Yogesh Malik as Group Chief Technology Officer, with immediate effect.

Amsterdam (March 24, 2014) – “VimpelCom Ltd.” (“VimpelCom”, “Company” or “Group”) (NASDAQ: VIP) a leading global provider of telecommunications services, today announces the appointment of Yogesh Malik as Group Chief Technology Officer, with immediate effect. Yogesh has also been appointed a member of the Group Executive Board and the Group Management Board.

Commenting on the appointment Jo Lunder, CEO of VimpelCom Ltd., said: “I am very pleased to welcome Yogesh Malik to our team. Yogesh is a highly experienced manager and technology leader with a track record of success in both mature and emerging markets, including in Bangladesh and Ukraine.”

Before joining VimpelCom Yogesh Malik was the Chief Executive Officer of Uninor, an Indian mobile network operator majority owned by the Telenor Group. In Uninor he held a variety of senior positions from 2010 to 2013. Prior to his appointment as CEO, Yogesh led the Uninor operations as COO covering the areas of Technology, Regulatory and Customer care.

Yogesh’ career includes appointments as CTO of Grameenphone in Bangladesh, CTO of Kyivstar in Ukraine and Head of Technology & Sourcing at Telenor Group headquarters in Norway. He also worked for TIW, Tata/AT&T and Ericsson in Czech Republic, Brazil, China and Canada in various senior positions. Yogesh holds an Engineering Degree in Electronics from MSU University, Baroda in India and is an Executive MBA graduate from IMD, Lausanne, Switzerland.

Notes to Editors

LetterOne Technology is an investment vehicle of LetterOne Group focused on opportunities in the global telecommunication sector. LetterOne Technology has two portfolio investments: VimpelCom Ltd., one of the world’s largest integrated telecoms services operators providing voice and data services, and Turkcell, the leading telecoms operator in Turkey.

VimpelCom is one of the world’s largest integrated telecommunications services operators providing voice and data services through a range of traditional and broadband mobile and fixed technologies.

News Index