Millicom (Tigo) share repurchase activity

Millicom (Tigo) share repurchase activity

Luxembourg, January 12, 2024 – Pursuant to the share repurchase program announced on December 15, 2023, Millicom repurchased 136,599 of its Swedish Depository Receipts (SDRs) between January 8, 2024 and January 12, 2024, as detailed in the table below.

Trade Date	Number of SDRs repurchased	Daily average price paid* (SEK)	Daily repurchase amount* (SEK)
01/08/2024	27,999	190.7092	5,339,667
01/09/2024	25,000	192.2575	4,806,438
01/10/2024	37,000	190.0912	7,033,374
01/11/2024	18,600	192.3981	3,578,605
01/12/2024	28,000	191.8941	5,373,035

* Excluding commissions

All purchases were carried out on Nasdaq Stockholm by Citigroup Global Markets Limited on behalf of Millicom. Following the purchases, Millicom holds 648,655 treasury shares as of January 12, 2024. The total number of shares outstanding in Millicom is 172,096,305.

The repurchase program is being executed consistent with the provisions of Article 5 of MAR and the Commission Delegated Regulation No 2016/1052 (“Safe Harbour Regulation”). A full breakdown of the transactions is attached to this press release.  For information about all transactions carried out under the repurchase program, refer to Nasdaq Stockholm’s website: http://www.nasdaqomx.com/transactions/markets/nordic/corporate-actions ....

For further information, please contact:

Press: Sofía Corral, Communications Director [e-mail]

Investors: Michel Morin, VP Investor Relations [e-mail]

About Millicom

Millicom (NASDAQ U.S.: TIGO, Nasdaq Stockholm: TIGO_SDB) is a leading provider of fixed and mobile telecommunications services in Latin America. Through our TIGO and Tigo Business brands, we provide a wide range of digital services and products, including TIGO Money for mobile financial services, TIGO Sports for local entertainment, TIGO ONEtv for pay TV, high-speed data, voice, and business-to-business solutions such as cloud and security. As of September 30, 2023, Millicom, including its Honduras Joint Venture, employed approximately 19,000 people and provided mobile and fiber-cable services through its digital highways to more than 45 million customers, with a fiber-cable footprint over 13 million homes passed. Founded in 1990, Millicom International Cellular S.A. is headquartered in Luxembourg.

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• Week ending 01-12-24