The Millicom Nomination Committee's Proposal for Board of Directors

Cristina Stenbeck, Chairman of the Nomination Committee, commented: "The Nomination Committee is pleased to nominate Lars-Åke Norling to the Millicom Board. When he joins the Board in September, Lars-Åke will bring more than twenty years of experience from the TMT sector in emerging markets and in the Nordics, as well as from driving digital transformations. The Nomination Committee has recommended the Board that Lars-Åke succeeds the departing Directors on both the Audit and Compliance and Business Conduct Committees."
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Cristina Stenbeck, Chairman of the Nomination Committee, commented: "The Nomination Committee is pleased to nominate Lars-Åke Norling to the Millicom Board. When he joins the Board in September, Lars-Åke will bring more than twenty years of experience from the TMT sector in emerging markets and in the Nordics, as well as from driving digital transformations. The Nomination Committee has recommended the Board that Lars-Åke succeeds the departing Directors on both the Audit and Compliance and Business Conduct Committees."

Cristina Stenbeck continued: "On behalf of the Nomination Committee, I would also like to extend our gratitude to Simon Duffy and Alejandro Santo Domingo for their contribution during their tenures on the Millicom Board. The Nomination Committee looks forward to continuing its work with the aim to further enhance the Board's composition throughout the year."

The Nomination Committee's proposals are presented in the notice to Millicom's AGM, to be held on 4 May 2018. The Nomination Committee comprises Tom Boardman as Chairman of Millicom's Board of Directors; Cristina Stenbeck, appointed by Kinnevik AB; John Hernander, appointed by Nordea Funds; and Scott Cobb, appointed by Southeastern Asset Management.

For further information, please contact:
Press: 
Vivian Kobeh
Corporate Communications Director
+1-305-476-7352 / +1-305-302-2858
[email protected]

Investors:
Michel Morin
VP Investor Relations 
+352-277-59094                                                                                                          
[email protected]

Mauricio Pinzon
Investor Relations Manager 
Tel: +44-20-3249-2460                                                                                                    
[email protected]

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