Rights offering documentation

IMPORTANT INFORMATION

THE MATERIALS CONTAINED HEREIN ARE NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES (OR TO ANY U.S. PERSON, AS DEFINED UNDER THE U.S. SECURITIES LAWS) OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION.

This area of the website is restricted (the “Restricted Area”). The information contained in this Restricted Area is made available for informational purposes only and is subject to the terms and conditions set out below.

Access to the Restricted Area

If you would like to view the Restricted Area, please read this notice carefully. This notice applies to all persons who view the Restricted Area and, depending on where you are located, may affect your rights or responsibilities. Millicom International Cellular, S.A. (“Millicom”) reserves the right to amend or update this notice at any time and you should, therefore, read it in full each time you visit the Restricted Area. In addition, the contents of the Restricted Area may be amended at any time in whole or in part at the sole discretion of Millicom.

Nothing in, or which can be downloaded from, the Restricted Area constitutes an offer to sell or an invitation or solicitation of any offer to purchase or subscribe for any securities in the United States or in any other jurisdiction where such offer is unlawful, nor shall any part of these materials form the basis of, or be relied upon in connection with, any contract or commitment whatsoever in any such jurisdiction.

You should not forward, transmit or show the information or documents contained in the Restricted Area to any person. In particular, you should not forward or transmit the information or documents contained therein to any person located in the United States or to any “U.S. Persons” (as defined in Regulation S under the U.S. Securities Act of 1933, as amended (the “Securities Act”)) or to any person located in any other jurisdiction in which doing so would constitute a violation of the relevant laws of such jurisdiction (each, an “Excluded Jurisdiction”).

Millicom has not authorized any offer to the public of securities in any Member State of the European Economic Area (each a "Member State") other than Sweden, Denmark, Finland and Norway. No action has been undertaken or will be undertaken to make an offer to the public of securities requiring publication of a prospectus in any Member State other than Sweden, Denmark, Finland and Norway (each a "Relevant State"). As a result, securities in Millicom may only be offered in Relevant States (i) to any legal entity which is a “qualified investor” as defined under Article 2(e) of the Prospectus Regulation (Regulation (EU) 2017/1129); or (ii) in any other circumstances falling within Article 1(4) of the Prospectus Regulation (Regulation (EU). For the purpose of this paragraph, the expression "offer of securities to the public" means the communication in any form and by any means of sufficient information on the terms of the offer and securities in Millicom to be offered so as to enable the investor to decide to exercise, purchase or subscribe for securities in Millicom.

This communication does not constitute an offer of securities to the public in the United Kingdom. No prospectus has been or will be approved in the United Kingdom in relation to securities in Millicom. In the United Kingdom, these materials are only being distributed to, and are only directed at, and any investment or investment activity to which they relate is available only to, and will be engaged in only with, persons who are “qualified investors” as defined under Article 2(e) of the Prospectus Regulation (Regulation (EU) 2017/1129), as it forms part of the domestic law of the United Kingdom by virtue of the European Union (Withdrawal) Act 2018, as amended, and who are also persons (A) having professional experience in matters relating to investments falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (as amended, the “Financial Promotion Order”), (B) fall within Article 49(2)(a) to (d) (“high net worth companies, unincorporated associations etc.”) of the Financial Promotion Order, (C) are outside the United Kingdom, or (D) to whom an invitation or inducement to engage in investment activity (within the meaning of section 21 of the Financial Services and Markets Act 2000, as amended) in connection with the issue or sale of any securities may otherwise lawfully be communicated or caused to be communicated (all such persons together being referred to as “relevant persons”). Persons who are not relevant persons should not take any action on the basis of the information in the Restricted Area and should not act or rely on them.

All persons who wish to view the Restricted Area must first satisfy themselves that they are not subject to any local requirements that prohibit or restrict them from doing so and should inform themselves of, and observe, any applicable legal or regulatory requirements applicable in their jurisdiction. It is your responsibility to satisfy yourself as to full observance of any relevant laws and regulatory requirements. If you are not permitted to view materials on this website or are in any doubt as to whether you are permitted to view these materials, please do not seek access to the Restricted Area.

By clicking the “I AGREE” button below, you confirm that you (1) have read and understood the information set out above, (2) agree to be bound by its terms, (3) are not located in or resident in the United States and (4) meet the requirements set forth above and are permitted under applicable law and regulation to proceed to the Restricted Area.