Millicom's Nomination Committee Proposes Changes to the Board of Directors and an Extraordinary General Meeting will be Convened - Seite 2

Cristina Stenbeck, Chairman of the Nomination Committee, commented: "The Nomination Committee is pleased to nominate such accomplished and experienced individuals to the Millicom Board. Pernille Erenbjerg will bring years of experience from operating a converged provider of communication and entertainment services, as well as from driving transformational processes in complex organizations, both organically and through M&A. James Thompson, with his extensive experience from investment management, will contribute significantly to the Board's discussions on Millicom's long term strategy and capital allocation."

Cristina Stenbeck continued: "The Nomination Committee is also pleased that José Antonio Rios García has agreed to assume the role as Chairman of the Board. José has been a key contributor to the Board work in recent years, is based in the U.S., and has a wealth of experiences from the Latin American TMT sector. Alongside José, the Nomination Committee recommends the Board to appoint Pernille Erenbjerg as Deputy Chairman upon her election, to further support Millicom in its exciting future. With Millicom moving towards a second listing on the Nasdaq stock exchange in the U.S., the Nomination Committee believes its proposed changes to the Board and its Chairman will strengthen the Board's experiences and capabilities working in and out of the U.S. market. The Committee will continue its work and looks forward to proposing further enhancements of the Board to Millicom's Annual General Meeting in May 2019."

Cristina Stenbeck ended: "On behalf of the Nomination Committee, I would like to extend our gratitude to Tom Boardman and Anders Jensen for their years of service on the Millicom Board."

The Nomination Committee comprises Cristina Stenbeck, appointed by Kinnevik AB; John Hernander, appointed by Nordea Funds; and Scott Cobb, appointed by Southeastern Asset Management.

-END- 

CONTACT:

For further information, please contact

Press:

Vivian Kobeh, Corporate Communications Director

[phone] / [phone]

[e-mail]

Investors: 

Michel Morin, VP Investor [e-mail]

Mauricio Pinzon, Investor Relations Manager

Tel: [phone]

[e-mail]

This information was brought to you by Cision http://news.cision.com

http://news.cision.com/millicom-international-cellular/r/millicom-s-nomination-committee-proposes-changes-to-the-board-of-directors-and-an-extraordinary-gene,c2680874

The following files are available for download:

http://mb.cision.com/Main/950/2680874/950806.pdf

MIC BoD annuncement