19 January 2015

VimpelCom Announces Management Changes

VimpelCom Ltd. announces changes to the Group’s Management Team

Amsterdam (January 19, 2015) – VimpelCom Ltd. (“VimpelCom”, “Company” or “Group”) (NASDAQ: VIP), a leading global provider of telecommunications services in 14 countries and headquartered in Amsterdam, announces changes to the Group’s Management Team.

René Schuster, Group Chief Operating Officer, will be leaving the Company to pursue other business interests. His responsibilities will be assumed temporarily by the Group CEO, Jo Lunder. Additionally, Anja Uitdehaag, Group Chief Human Resources Officer, has decided to leave the Company.

VimpelCom is pleased to announce the following appointments:

Jeremy Roffe-Vidal will join VimpelCom on February 1, 2015 as Group Chief Human Resources Officer. Jeremy was previously Group Human Resources Director and Corporate Vice President of Cap Gemini S.A. Jeremy will build on Anja Uitdehaag’s successes in creating a highly effective Group HR function and formation of a Group Leadership Team and company culture.

Andrey Patoka is promoted to be Head of the CIS Business Unit. Andrey joined the Group in 2008 and is currently Executive Vice President and Chief Infrastructure Officer of OJSC VimpelCom. Mikhail Gerchuk, acting Head of the CIS, will continue in his role as Group Chief Commercial and Strategy Officer.

Jeremy and Andrey have been appointed members of the Group’s Management Board.

Jo Lunder, Chief Executive Officer, said: “I would like to start by thanking René and Anja for their service to the Company and on behalf of all my colleagues I wish them success in their future endeavors. I would also like to welcome Jeremy to the Group, and to congratulate Andrey on his promotion to Head of the CIS Business Unit. I am confident that these appointments will have a positive impact on the future development of VimpelCom and I look forward to working with Jeremy and Andrey in their new roles.”

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.

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