The Nomination Committee proposes additional new Board Director


Stockholm, 13 April, 2016 – Millicom, the international telecommunications and
media company, has been informed by the Nomination Committee that in addition to
the presented proposals it proposes the election of José Miguel García Fernández
as new Director of the Board. The Annual General Meeting will be held on 17 May,
2016.
On 11 March, 2016, the Nomination Committee of Millicom presented its proposals
to the Annual General Meeting. The Nomination Committee proposed the election of
Tom Boardman, Janet Davidson and Simon Duffy as new Board Directors and the re
-election of current Board Directors Odilon Almeida, Tomas Eliasson, Lorenzo
Grabau and Alejandro Santo Domingo. Further, Tom Boardman was proposed as new
Chairman of the Board. Anders Borg, Paul Donovan, Dame Amelia Fawcett and
Cristina Stenbeck have decided not to seek re-election.

The Nomination Committee has decided to propose an additional person, José
Miguel García Fernández, to be elected as new Director of the Board.

José Miguel García Fernández recently stepped down as Co-Chief Executive Officer
of Orange España. Between 2006 and 2015 he was CEO of the Spanish
telecommunications operator Jazztel, and he held various managerial positions
within Cable & Wireless from 2000-2006 including CEO of UK & Ireland as well as
of Panama. Jose is a Spanish national with a BSc in Electrical & Electronic
Engineering and Postgraduate in Digital Telecommunications from Monash
University.

The Chairman of the Nomination Committee, Lorenzo Grabau, commented: “The
Nomination Committee is pleased to nominate José Miguel García Fernández as new
Director of Millicom. José Miguel will bring relevant experience as an
entrepreneurial Chief Executive Officer within the telecommunications and cable
sectors. His international background will also further broaden the Board’s
global perspective and understanding of the dynamics of the markets in which
Millicom operates.”

The Nomination Committee’s full proposals and the motivations thereof are
presented in the notice convening Millicom’s Annual General Meeting. The
Nomination Committee comprises Cristina Stenbeck as Chairman of the Board of
Directors, Lorenzo Grabau appointed by Investment AB Kinnevik, Mathias Leijon
appointed by Nordea Investment Funds, and Marianne Nilsson appointed by Swedbank
Robur fonder.
For further information please contact:

Lorenzo Grabau, Chairman of the Nomination Committee               +46 8 562 000
00
About Millicom

Millicom is a leading telecom and media company dedicated to emerging markets in
Latin America and Africa. Millicom sets the pace when it comes to providing
innovative and customer-centric digital lifestyle services to the world’s
emerging markets. The Millicom Group employs more than 16,000 people and
provides mobile services to over 62 million customers. Founded in 1990, Millicom
International Cellular SA is headquartered in Luxembourg and listed on Nasdaq
Stockholm under the symbol MIC. In 2015, Millicom generated revenue of USD 6.73
billion and Adjusted EBITDA of USD 2.27 billion.

Attachments

04135774.pdf
GlobeNewswire