Millicom publishes 2013 Corporate Responsibility Report with new targets and commitments


Stockholm, April 22, 2014 – Millicom (Stockholmsbörsen: MIC) today published its
2013 Corporate Responsibility (CR) report, outlining its non-financial
performance in 2013.
The Report focuses on three areas: engagement with customers and the
contribution to our communities, Millicom as an employer and the company’s
integration of responsible business practices in its everyday operations.

Millicom’s 2013 CR report is the company’s second Corporate Responsibility
report that aligns to the leading non-financial reporting framework, the Global
Reporting Initiative (GRI). The report makes use of the GRI’s new G4 guidelines,
which emphasise transparency on material non-financial aspects featuring the
issues that the main stakeholders consider as most significant and which have
been defined internally as most important to the successful execution of the
company strategy.

Commenting on the report, Millicom’s President and CEO, Hans-Holger Albrecht
said: “As Millicom is rapidly transforming its business, it is very important
for us to support and measure the health of our organisation also in non
-financial terms and demonstrate to stakeholders our commitment to responsible
business. As ever, we will continue to demand more from ourselves whether it is
for social impact with digital tools through The Millicom Foundation or the
corporate behaviour performance targets we set for ourselves in all core areas
of CR.”

The 2013 report includes for the first time disclosures relating to how Millicom
makes its products and services accessible to customers in the ‘bottom of the
pyramid’, how the company interacts and listens to its customers as well as more
transparency on tax policies and payments. The report provides more detail on
non-financial information on Millicom’s workforce, anti-corruption compliance
programme, progress against existing targets and new targets for the future.

Advances in the quality of environmental data collection and actions such as
increased site sharing and use of deep cycle batteries and equipment upgrades
contributed to a reduction of 25% of CO2 emissions per base station year-on
-year. Results also showed that Millicom has further increased local employment,
with 99% of Millicom’s 11,500 plus employees locally recruited in 2013.
Millicom’s diverse workforce includes 76 nationalities.

Including donations, in-kind giving and management overheads, Millicom
contributed over $12 million across its markets through its social impact
projects, which now are managed under The Millicom Foundation.

The full CR Report can be downloaded on the Millicom website at
millicom.com (http://www.millicom.com/our-responsibility/cr-reports-and
-publications/)
For more please visit: www.millicom.com or contact:

Press Enquiries:
Julian Eccles, VP, Corporate Communications
+44 7720 409374
press@millicom.com

Investor Enquiries:
Nicolas Didio, Director, Head of Investor Relations
+44 7795 385217
investors@millicom.com
About Millicom

Millicom is a leading international telecommunications and media company
dedicated to emerging markets in Latin America and Africa. Millicom sets the
pace when it comes to providing digital lifestyle services to the world’s
emerging markets, giving access to the world, primarily through mobile devices.
Operating in 15 countries, Millicom offers innovative and customer-centric
products. Millicom employs more than 10,000 people and provides mobile, cable,
broadband, TV content, online and financial services to over 50 million
customers. Founded in 1990, Millicom is headquartered in Luxembourg and listed
on NASDAQ OMX Stockholm under the symbol MIC. In 2013 Millicom generated revenue
of $5.16 billion and EBITDA of $1.9 billion.

Attachments

04218517.pdf