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Investor Presentaiton

1) 2) 2 Highly accretive from day 1 Tigo Guatemala expected to grow strongly in 20211 $1.6bn Revenue Up 6% year-on-year $850 EBITDA² EBITDA margin of 53% Up 9% year-on-year $650m OCF2 OCF margin of 41% Up 9% year-on-year $450m EFCF2 $350m Net income EFCF¹ margin of 28% Up 32% year-on-year Up 25% year-on-year Incremental EFCF² to Millicom of ~$200m Tigo Guatemala financial targets for the full year 2021 based on year-to-date performance and assuming an average exchange rate of 7.75. 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 at millicom.com/investors/reporting-center. EFCF presented after leases and before incremental financing costs. ticô 7
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