Investor Presentaiton

8 Maintaining leverage targets ticô Capital structure to balance shareholder return and continued deleveraging $2.2bn Purchase price Bridge financing provided by group of leading international banks to be refinanced by debt and equity. Net financial obligations¹ As of Sep-21 ($m) $1.5bn Debt Majority expected to be raised at Tigo Guatemala LTM EBITDA¹ As of Sep-21 ($m) $750m Equity Up to $750m of new equity via expected rights offering in Q1 2022 3.1x Leverage Pro-forma leverage, after planned equity offering Net financial obligations / EBITDA¹ As of Sep-21 856 2,405 (x) 5,496 420 2,200 7,366 (750) 1,549 3.5x 3.1x (0.5x) Net debt (+) 100% Tigo (+) Guatemala Acquisition net debt debt (-) Equity offering PF EBITDA net debt (+) 100% Tigo Guatemala EBITDA PF EBITDA Leverage 2.8x (-) Change in leverage Proportionate +30 bp PF net leverage 3.1x 1) Non-IFRS measure. Please refer to the non-IFRS disclosures in this presentation for a description of non-IFRS measures. A reconciliation of non-IFRS measures to the nearest equivalent IFRS measures is available atm illicom.com/investors/reporting-center. 14

View entire presentation