Results of the Millicom (Tigo) AGM and EGM held today

Core Points - Millicom International Cellular S.A. held its Annual General Meeting (AGM) and Extraordinary General Meeting (EGM) on May 21, 2025, where all proposed resolutions were adopted by shareholders [2][5] Group 1: AGM Resolutions - The number of directors was set at eight, with re-elections for María Teresa Arnal, Bruce Churchill, Blanca Treviño de Vega, Jules Niel, Pierre-Emmanuel Durand, Maxime Lombardini, and Justine Dimovic, and Pierre Alain Allemand was elected as a new director [3] - Maxime Lombardini was elected as Chair of the Board of Directors [3] - The annual accounts and consolidated accounts for the year ended December 31, 2024, were approved [4] - A dividend distribution of USD 3 per share will be paid in four equal installments on or around July 15, 2025, October 15, 2025, January 15, 2026, and April 15, 2026 [4] - KPMG was re-elected as the external auditor of Millicom [5] Group 2: EGM Resolutions - The Share Repurchase Plan was approved [5] - Amendments to the articles of association were passed, including the authorization to cancel repurchased shares and the removal of certain governance requirements [7] - Shareholders will be allowed to participate in general meetings through electronic means and video conference [7] Group 3: Company Overview - Millicom is a leading provider of telecommunications services in Latin America, offering a range of digital services including mobile financial services, pay TV, and business solutions [9] - As of March 31, 2025, Millicom employed approximately 14,000 people and served over 46 million customers with a fiber-cable footprint covering over 14 million homes [9]