Nasdaq Stockholm Approves Millicom SDRs Delisting; Last Trading Day Set For March 17, 2025; SDR Holders Must Convert To Millicom U.S. Shares By March 19, 2025

Nasdaq Stockholm approved the delisting of Millicom (Tigo) SDRs and set the last day of trading on March 17, 2025

Luxembourg, March 3, 2025 – Millicom International Cellular S.A. ("Millicom" or the "Company"), today formally applied for delisting of its Swedish Depository Receipts ("SDRs") from Nasdaq Stockholm. The delisting application was approved and Nasdaq Stockholm set the last day of trading (the "Delisting Effective Date") on March 17, 2025.

Millicom reminds holders of SDRs that the delisting will result in the SDR program being terminated. To remain as shareholders of Millicom, SDR holders must convert1 their SDRs into common shares traded in Nasdaq Stock Market in the U.S. ("Millicom U.S. Shares") by giving an instruction to SEB at the latest by March 19, 2025 (3.00 pm CET) ("Final Conversion Deadline").