1. Organic operating cash flow growth target of close to 10% per year on average over the next 3 years. -The expectation includes:

Annual organic service revenue growth in mid-single digits

Annual CapEx around US$1 billion

2. Cumulative Free Cash Flow from Capital2 target between US$800 million and US$1 billion for the next 3 years.

3. Short-term objective of debt reduction to 2.5x by 2025

With a long-term goal of continuing to reduce debt to 2.0x

4. Shareholder remuneration in the form of share repurchases expected to begin in 2023.

Repurchase processes will be conducted at a pace aligned with the achievement of the company's debt reduction targets.

5. Expansion of the company's fixed broadband network by more than three million additional homes over the next 3 years.

Most of these new networks will be FTTH, advancing the company's transition to FTTH.

The company expects to reach coverage of more than 20 million homes in its territories in the medium term.

The company seeks to add 1 million more customers in the next three years.

6. Creation of a tower company, with the objective of separating a corporate portfolio of company-owned towers.

This reorganization, which will include up to 10,000 towers, will aim to improve the performance of the company's digital infrastructure assets; maximize its business potential; facilitate the attraction of growth capital from new investors; and drive strategic optionality around the company's infrastructure assets.

This initiative is expected to be consolidated over the next 12-18 months.

7. Plan for the spin-off of TIGO Money

This second reorganization is intended to enhance the returns from the company's emerging Fintech asset; maximize its business potential; facilitate the attraction of growth capital and Fintech expertise to TIGO Money; and enhance strategic optionality for Millicom.

TIGO Money has a unique opportunity to accelerate financial inclusion in TIGO's markets, while embracing leadership shares in a Fintech market with an estimated $14 billion opportunity.

This initiative is expected to be consolidated in the next 12-24 months.

8. Setting ambitious ESG (Environment, Society and Governance) targets.

The company has established its first near-term Science-Based Targets (SBTs), aligned to a maximum increase of 1.5°C and the Paris climate change agreements. The company has joined the United Nations Race to Zero campaign that aims to promote a healthy and resilient zero-carbon recovery.

The company has set gender equity targets for 2030. This includes equal gender representation at all levels of the organization and in its senior management positions globally. In addition, the company will continue to train 100% of its employees annually on DE&I (Diversity, Equity and Inclusion); only work with strategic suppliers that have DE&I policies and training; and continue to promote the inclusion of other underrepresented groups.

Prior to the event, Mauricio Ramos noted: "Today we are presenting our vision for Tigo, a company with purpose and great market opportunity, clear strategic focus and a passionate team to make things happen the right way with Sangre Tigo. The goals we are setting today are bold and ambitious, and we have well-defined plans to achieve them. We hope you will connect with us today and we will delve into the detail of these plans together".

Access instructions and presentation materials are available on Millicom's website.