<SEC-DOCUMENT>0000950103-21-016782.txt : 20211028
<SEC-HEADER>0000950103-21-016782.hdr.sgml : 20211028
<ACCEPTANCE-DATETIME>20211028140226
ACCESSION NUMBER:		0000950103-21-016782
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20211028
FILED AS OF DATE:		20211028
DATE AS OF CHANGE:		20211028

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			MILLICOM INTERNATIONAL CELLULAR SA
		CENTRAL INDEX KEY:			0000912958
		STANDARD INDUSTRIAL CLASSIFICATION:	RADIO TELEPHONE COMMUNICATIONS [4812]
		IRS NUMBER:				000000000
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-38763
		FILM NUMBER:		211356998

	BUSINESS ADDRESS:	
		STREET 1:		2, RUE DU FORT
		CITY:			BOURBON
		STATE:			N4
		ZIP:			L-1249
		BUSINESS PHONE:		3524571451

	MAIL ADDRESS:	
		STREET 1:		2, RUE DU FORT
		CITY:			BOURBON
		STATE:			N4
		ZIP:			L-1249
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>dp160683_6k.htm
<DESCRIPTION>FORM 6-K
<TEXT>
<HTML>
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     <TITLE></TITLE>
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<P STYLE="margin: 0">&nbsp;</P>

<!-- Field: Rule-Page --><DIV STYLE="margin-top: 1pt; margin-bottom: 1pt; width: 100%"><DIV STYLE="font-size: 1pt; border-top: Black 3.5pt solid; border-bottom: Black 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>UNITED STATES</B></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>SECURITIES AND EXCHANGE COMMISSION</B></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Washington, D.C. 20549</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 18pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>FORM 6-K</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: -6.85pt"><B>REPORT OF FOREIGN PRIVATE
ISSUER</B></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: -6.85pt"><B>PURSUANT TO RULE 13a-16
OR 15d-16 OF THE</B></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: -6.85pt"><B>SECURITIES EXCHANGE ACT
OF 1934</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">For the month of October, 2021.</P>


<P STYLE="margin: 0"></P>

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<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Commission File Number: 001-38763</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 24pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>MILLICOM INTERNATIONAL CELLULAR S.A.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">(<I>Exact Name of Registrant as Specified in Its
Charter</I>)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>2, Rue du Fort Bourbon,</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>L-1249 Luxembourg</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Grand Duchy of Luxembourg</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><I>(Address of principal executive office)</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Indicate by check mark whether the registrant files
or will file annual reports under cover of Form&nbsp;20-F or Form 40-F:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" ALIGN="CENTER" STYLE="width: 50%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 29%; font-size: 10pt; text-align: center">Form 20-F</TD>
    <TD STYLE="width: 14%">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&#9746;</P></TD>
    <TD STYLE="width: 15%; font-size: 10pt; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 28%; font-size: 10pt; text-align: center">Form 40-F</TD>
    <TD STYLE="text-align: center; width: 14%">
&#9744;</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Indicate by check mark if the registrant is submitting
the Form 6-K in paper as permitted by Regulation&nbsp;S-T&nbsp;Rule&nbsp;101(b)(1):</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" ALIGN="CENTER" STYLE="width: 50%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 29%; font-size: 10pt; text-align: center">Yes</TD>
    <TD STYLE="text-align: center; width: 14%">
&#9744;</TD>
    <TD STYLE="width: 15%; font-size: 10pt; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 28%; font-size: 10pt; text-align: center">No</TD>
    <TD STYLE="width: 14%">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&#9746;</P></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Indicate by check mark if the registrant is submitting
the Form 6-K in paper as permitted by Regulation&nbsp;S-T&nbsp;Rule&nbsp;101(b)(7):</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" ALIGN="CENTER" STYLE="width: 50%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 29%; font-size: 10pt; text-align: center">Yes</TD>
    <TD STYLE="text-align: center; width: 14%">
&#9744;</TD>
    <TD STYLE="width: 15%; font-size: 10pt; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 28%; font-size: 10pt; text-align: center">No</TD>
    <TD STYLE="width: 14%">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&#9746;</P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt; text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: center">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt; text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: center">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: center">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  </TABLE>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">MILLICOM INTERNATIONAL CELLULAR S.A.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">INDEX TO FURNISHED MATERIAL</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Item<BR>
______<BR>
<BR>
</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">1.</TD><TD>Unaudited Interim Condensed Consolidated Financial Statements for the three-and nine month periods ended September 30, 2021</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">2.</TD><TD>Earnings Release for Q3 2021</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>


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<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="text-align: right; margin: 0"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Item 1</B></FONT></P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0"></P>

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<TR STYLE="vertical-align: top; text-align: left">
  <TD STYLE="padding: 8pt; background-color: rgb(0,25,60); width: 50%">&nbsp;</TD>
  <TD STYLE="padding: 8pt 20pt 8pt 8pt; text-align: right; background-color: rgb(0,25,60); width: 50%">&nbsp;<IMG SRC="millicom.jpg" ALT=""></TD></TR>
</TABLE>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="font: 36pt Arial, Helvetica, Sans-Serif; margin: 0pt 67.5pt 0pt 0; color: #003A66"><B>Unaudited Interim</B></P>

<P STYLE="font: 36pt Arial, Helvetica, Sans-Serif; margin: 0pt 67.5pt 0pt 0; color: #003A66"><B>Condensed Consolidated</B></P>

<P STYLE="font: 36pt Arial, Helvetica, Sans-Serif; margin: 0pt 67.5pt 0pt 0; color: #003A66"><B>Financial Statements</B></P>

<P STYLE="font: 18pt Arial, Helvetica, Sans-Serif; margin: 0pt 67.5pt 0pt 0; color: #003A66">&nbsp;</P>

<P STYLE="font: 18pt Arial, Helvetica, Sans-Serif; margin: 0pt 67.5pt 0pt 0; color: #003A66"><B>For the three-and nine month periods ended
September 30, 2021 </B></P>

<P STYLE="font: 18pt Arial, Helvetica, Sans-Serif; margin: 0pt 67.5pt 0pt 0; color: #003A66">&nbsp;</P>

<P STYLE="font: 18pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #003A66">October&nbsp;28, 2021</P>

<P STYLE="font: 18pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #003A66">&nbsp;</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt"></P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="padding: 8pt; text-align: left; background-color: rgb(0,25,60); width: 84%; vertical-align: middle"><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; color: white; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-indent: 0in">Unaudited Interim Condensed Consolidated Financial Statements</P><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 11.25pt; color: white"></P><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; color: white; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-indent: 0in">for the three- and nine-month periods ended September 30, 2021</P></TD><TD STYLE="padding: 8pt 20pt 8pt 8pt; text-align: right; background-color: rgb(0,25,60); width: 16%">&nbsp;<IMG SRC="millicom.jpg" ALT=""></TD></TR></TABLE><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt">&nbsp;</P></DIV>
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<P STYLE="font: 14pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #39B8D4"></P>

<P STYLE="font: 14pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #39B8D4"></P>

<P STYLE="font: 14pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #39B8D4"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; color: white; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-indent: 0in"></P>

<P STYLE="font: 14pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #39B8D4"><B>Unaudited interim condensed consolidated statement
of income for the three-and nine-month periods ended September 30, 2021</B></P>

<P STYLE="font: 14pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #39B8D4">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; width: 42%; border-top: #A7A7A7 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>in millions of U.S. dollars except per share data</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; width: 6%; border-top: #A7A7A7 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Notes</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; width: 13%; border-top: #A7A7A7 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Nine months ended September 30, 2021</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; width: 13%; border-top: #A7A7A7 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Nine months ended September 30, 2020</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; width: 13%; border-top: gray 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Three months ended September 30, 2021</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; width: 13%; border-top: gray 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Three months ended September 30, 2020 </B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 2pt; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Continuing Operations</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; padding-left: 2pt">&nbsp;</TD></TR>
  <TR STYLE="background-color: #EEF1F9">
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Revenue</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">4</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">3,270</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">3,083</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">1,093</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">1,026</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Cost of sales</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(928)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(887)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(313)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(286)</FONT></TD></TR>
  <TR STYLE="background-color: #EEF1F9">
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Gross profit</B></FONT><B><FONT STYLE="font-size: 10pt">&#9;</FONT></B></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>2,343</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>2,196</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>780</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>740</B></FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Operating expenses</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(1,193)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(1,101)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(400)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(369)</FONT></TD></TR>
  <TR STYLE="background-color: #EEF1F9">
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Depreciation</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(640)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(660)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(212)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(217)</FONT></TD></TR>
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    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Amortization</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(239)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(244)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(57)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(88)</FONT></TD></TR>
  <TR STYLE="background-color: #EEF1F9">
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Share of profit in the joint ventures in Guatemala and Honduras</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">7</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">185</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">101</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">56</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">22</FONT></TD></TR>
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    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Other operating income (expenses), net</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">14</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(8)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">31</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">29</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">9</FONT></TD></TR>
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    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Operating profit</B></FONT><B><FONT STYLE="font-size: 10pt">&#9;</FONT></B></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">4</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>447</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>323</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>197</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>97</B></FONT></TD></TR>
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    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Interest and other financial expenses</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">10</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(389)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(457)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(112)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(141)</FONT></TD></TR>
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    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Interest and other financial income</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">10</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">22</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">8</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">17</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">1</FONT></TD></TR>
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    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Other non-operating (expenses) income, net</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">5</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(37)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(147)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(20)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(10)</FONT></TD></TR>
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    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Profit (loss) from other joint ventures and associates, net</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">12</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(38)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(35)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">1</FONT></TD></TR>
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    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Profit (loss) before taxes from continuing operations</B></FONT><B><FONT STYLE="font-size: 10pt">&#9;</FONT></B></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>4</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>(272)</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>46</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>(53)</B></FONT></TD></TR>
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    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Tax (charge) credit, net</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(84)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(48)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(42)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">1</FONT></TD></TR>
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    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Profit (loss) from continuing operations</B></FONT><B><FONT STYLE="font-size: 10pt">&#9;</FONT></B></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>(80)</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>(320)</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>4</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>(51)</B></FONT></TD></TR>
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    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Profit (loss) from discontinued operations, net of tax</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(9)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(8)</FONT></TD></TR>
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    <TD STYLE="padding-right: 2pt; vertical-align: bottom; border-bottom: #A7A7A7 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Net profit (loss) for the period</B></FONT><B><FONT STYLE="font-size: 10pt">&#9;</FONT></B></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; text-align: center; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>(81)</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>(329)</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: gray 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>4</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: gray 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>(59)</B></FONT></TD></TR>
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    <TD STYLE="padding-right: 2pt; vertical-align: bottom; border-bottom: gray 1pt solid; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; border-bottom: gray 1pt solid; text-align: center; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; border-bottom: gray 1pt solid; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; border-bottom: gray 1pt solid; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; border-bottom: gray 1pt solid; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; border-bottom: gray 1pt solid; padding-left: 2pt">&nbsp;</TD></TR>
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    <TD STYLE="padding-right: 2pt; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Attributable to:</B></FONT></TD>
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    <TD STYLE="padding-right: 2pt; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; background-color: white; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; background-color: white; padding-left: 2pt">&nbsp;</TD></TR>
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    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Owners of&nbsp;&nbsp;the Company</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; text-align: center; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(53)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(288)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">5</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(51)</FONT></TD></TR>
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    <TD STYLE="padding-right: 2pt; vertical-align: bottom; border-bottom: #A7A7A7 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Non-controlling interests</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; border-bottom: #A7A7A7 1pt solid; text-align: center; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(28)</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(40)</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: gray 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(1)</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: gray 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(9)</FONT></TD></TR>
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    <TD STYLE="padding-right: 2pt; vertical-align: bottom; border-bottom: gray 1pt solid; padding-left: 2pt">&nbsp;</TD>
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    <TD STYLE="padding-right: 2pt; vertical-align: bottom; border-bottom: gray 1pt solid; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; border-bottom: gray 1pt solid; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; border-bottom: gray 1pt solid; padding-left: 2pt">&nbsp;</TD>
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    <TD STYLE="padding-right: 2pt; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>(Loss)/Earnings per common share for net profit/ (loss) attributable to the owners of the Company:</B></FONT></TD>
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    <TD STYLE="padding-right: 2pt; padding-left: 2pt">&nbsp;</TD>
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    <TD STYLE="padding-right: 2pt; padding-left: 2pt">&nbsp;</TD></TR>
  <TR STYLE="background-color: #EEF1F9">
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Basic and Diluted ($ per share) (i)</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">6</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(0.52)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(2.85)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">0.05</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(0.50)</FONT></TD></TR>
  </TABLE>
<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; color: #808285; margin-top: 0pt; margin-bottom: 0pt; width: 100%"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.25in; text-align: left"><I>(i)</I></TD><TD><I>There are no dilutive potential ordinary shares</I></TD>
</TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">The accompanying notes are an integral part of these
unaudited interim condensed consolidated financial statements</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">&nbsp;</P>


<!-- Field: Page; Sequence: 2; Options: NewSection; Value: 2 -->
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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="text-align: left; padding: 8pt; background-color: rgb(0,25,60); width: 85%; vertical-align: middle"><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; color: white; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-indent: 0in">Unaudited Interim Condensed Consolidated Financial Statements</P><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 11.25pt; color: white"></P><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; color: white; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-indent: 0in">for the three- and nine-month periods ended September 30, 2021</P></TD><TD STYLE="padding: 8pt 20pt 8pt 8pt; text-align: right; background-color: rgb(0,25,60); width: 15%">&nbsp;<IMG SRC="millicom.jpg" ALT=""></TD></TR></TABLE><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 14pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #39B8D4"><B>Unaudited interim condensed consolidated statement
of comprehensive income for the three-and nine-month periods ended September 30, 2021 </B></P>

<P STYLE="font: 14pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #39B8D4">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; width: 60%; border-top: #A7A7A7 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>in millions of U.S. dollars</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; width: 10%; border-top: #A7A7A7 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Nine months ended September 30, 2021 </B></FONT></TD>
    <TD STYLE="padding-right: 2pt; width: 10%; border-top: #A7A7A7 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Nine months ended September 30, 2020 </B></FONT></TD>
    <TD STYLE="padding-right: 2pt; width: 10%; border-top: gray 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Three months ended September 30, 2021</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; width: 10%; border-top: gray 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Three months ended September 30, 2020</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #EEF1F9">
    <TD STYLE="padding-right: 2pt; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Net profit (loss) for the period</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(81)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(329)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">4</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(59)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="padding-right: 2pt; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Other comprehensive income (to be reclassified to statement of income in subsequent periods), net of tax:</B></FONT><B><FONT STYLE="font-size: 10pt">&#9;</FONT></B></TD>
    <TD STYLE="padding-right: 2pt; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; padding-left: 2pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #EEF1F9">
    <TD STYLE="padding-right: 2pt; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Exchange differences on translating foreign operations</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(37)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(82)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(8)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(8)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="padding-right: 2pt; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Change in value of cash flow hedges, net of tax effects</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">13</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(4)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">3</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">2</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #EEF1F9">
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Total comprehensive income (loss) for the period</B></FONT><B><FONT STYLE="font-size: 10pt">&#9;</FONT></B></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>(105)</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>(415)</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: gray 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>(1)</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: gray 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>(66)</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; border-bottom: gray 1pt solid; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; border-bottom: gray 1pt solid; padding-left: 2pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #EEF1F9">
    <TD STYLE="padding-right: 2pt; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Attributable to</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; padding-left: 2pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="padding-right: 2pt; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Owners of the Company</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(71)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(356)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">1</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(54)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #EEF1F9">
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Non-controlling interests</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(34)</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(59)</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: gray 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(2)</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(11)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="padding-right: 2pt; border-bottom: gray 1pt solid; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; border-bottom: gray 1pt solid; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; border-bottom: gray 1pt solid; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; border-bottom: gray 1pt solid; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; border-bottom: gray 1pt solid; padding-left: 2pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #EEF1F9">
    <TD STYLE="padding-right: 2pt; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Total comprehensive income for the period arises from:</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; padding-left: 2pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="padding-right: 2pt; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Continuing operations</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(105)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(407)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(57)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #EEF1F9">
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Discontinued operations</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(8)</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(8)</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">The accompanying notes are an integral part of these
unaudited interim condensed consolidated financial statements</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">&nbsp;</P>


<!-- Field: Page; Sequence: 3 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; text-align: right; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->3<!-- Field: /Sequence -->&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="text-align: left; padding: 8pt; background-color: rgb(0,25,60); width: 85%; vertical-align: middle"><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; color: white; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-indent: 0in">Unaudited Interim Condensed Consolidated Financial Statements</P><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 11.25pt; color: white"></P><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; color: white; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-indent: 0in">for the three- and nine-month periods ended September 30, 2021</P></TD><TD STYLE="padding: 8pt 20pt 8pt 8pt; text-align: right; background-color: rgb(0,25,60); width: 15%">&nbsp;<IMG SRC="millicom.jpg" ALT=""></TD></TR></TABLE><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 14pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #39B8D4"><B>Unaudited interim condensed consolidated statement
of financial position as at September 30, 2021</B></P>

<P STYLE="font: 14pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #39B8D4">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; width: 74%; border-top: #A7A7A7 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>in millions of U.S. dollars</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; width: 6%; border-top: #A7A7A7 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Notes</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; width: 10%; border-top: #A7A7A7 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>September 30, 2021</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; width: 10%; border-top: #A7A7A7 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>December 31, 2020</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #EEF1F9">
    <TD STYLE="padding-right: 2pt; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>ASSETS</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; padding-left: 2pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="padding-right: 2pt; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>NON-CURRENT ASSETS</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; padding-left: 2pt">&nbsp;</TD></TR>
  <TR STYLE="background-color: #EEF1F9">
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Intangible assets, net</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">9</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">3,201</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">3,403</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Property, plant and equipment, net</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">8</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">2,549</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">2,755</FONT></TD></TR>
  <TR STYLE="background-color: #EEF1F9">
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Right of use assets</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; text-align: center; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">805</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">895</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Investments in joint ventures</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">7</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">2,596</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">2,642</FONT></TD></TR>
  <TR STYLE="background-color: #EEF1F9">
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Investments in associates</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; text-align: center; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">23</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">24</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Contract costs, net</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; text-align: center; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">6</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">5</FONT></TD></TR>
  <TR STYLE="background-color: #EEF1F9">
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Deferred tax assets</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; text-align: center; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">207</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">197</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Derivative financial instruments</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">13</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">21</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">27</FONT></TD></TR>
  <TR STYLE="background-color: #EEF1F9">
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Amounts due from non-controlling interests, associates and joint ventures</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">12</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">31</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">90</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Other non-current assets</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">72</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">77</FONT></TD></TR>
  <TR STYLE="background-color: #EEF1F9">
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>TOTAL NON-CURRENT ASSETS</B></FONT><B><FONT STYLE="font-size: 10pt">&#9;</FONT></B></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>9,511</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>10,114</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="padding-right: 2pt; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; padding-left: 2pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #EEF1F9">
    <TD STYLE="padding-right: 2pt; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>CURRENT ASSETS</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; padding-left: 2pt">&nbsp;</TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Inventories</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">55</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">37</FONT></TD></TR>
  <TR STYLE="background-color: #EEF1F9">
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Trade receivables, net</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; text-align: center; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">352</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">351</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Contract assets, net</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">33</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">31</FONT></TD></TR>
  <TR STYLE="background-color: #EEF1F9">
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Amounts due from non-controlling interests, associates and joint ventures</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">12</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">51</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">206</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Prepayments and accrued income</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">187</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">149</FONT></TD></TR>
  <TR STYLE="background-color: #EEF1F9">
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Current income tax assets</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">96</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">96</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Supplier advances for capital expenditure</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">20</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">21</FONT></TD></TR>
  <TR STYLE="background-color: #EEF1F9">
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Equity investments</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">14</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">160</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Other current assets</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">189</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">181</FONT></TD></TR>
  <TR STYLE="background-color: #EEF1F9">
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Restricted cash</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">183</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">199</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Cash and cash equivalents</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">723</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">875</FONT></TD></TR>
  <TR STYLE="background-color: #EEF1F9">
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>TOTAL CURRENT ASSETS</B></FONT><B><FONT STYLE="font-size: 10pt">&#9;</FONT></B></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>1,889</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>2,307</B></FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Assets held for sale</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; text-align: center; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">1</FONT></TD></TR>
  <TR STYLE="background-color: #EEF1F9">
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; border-bottom: #A7A7A7 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>TOTAL ASSETS</B></FONT><B><FONT STYLE="font-size: 10pt">&#9;</FONT></B></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; border-bottom: #A7A7A7 1pt solid; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>11,400</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>12,422</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">The accompanying notes are an integral part of these
unaudited interim condensed consolidated financial statements</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">&nbsp;</P>


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    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; text-align: right; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->4<!-- Field: /Sequence -->&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="text-align: left; padding: 8pt; background-color: rgb(0,25,60); width: 85%; vertical-align: middle"><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; color: white; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-indent: 0in">Unaudited Interim Condensed Consolidated Financial Statements</P><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 11.25pt; color: white"></P><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; color: white; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-indent: 0in">for the three- and nine-month periods ended September 30, 2021</P></TD><TD STYLE="padding: 8pt 20pt 8pt 8pt; text-align: right; background-color: rgb(0,25,60); width: 15%">&nbsp;<IMG SRC="millicom.jpg" ALT=""></TD></TR></TABLE><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt">&nbsp;</P></DIV>
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<P STYLE="font: 14pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #39B8D4"><B>Unaudited interim condensed consolidated statement
of financial position as at September 30, 2021 (continued)</B></P>

<P STYLE="font: 14pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #39B8D4">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 2pt; width: 73%; border-top: #A7A7A7 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>in millions of U.S. dollars</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; width: 6%; border-top: #A7A7A7 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Notes</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; width: 11%; border-top: #A7A7A7 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>September 30, 2021</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; width: 10%; border-top: #A7A7A7 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>December 31, 2020</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #EEF1F9">
    <TD STYLE="padding-right: 2pt; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>EQUITY AND LIABILITIES</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; padding-left: 2pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="padding-right: 2pt; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>EQUITY</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; padding-left: 2pt">&nbsp;</TD></TR>
  <TR STYLE="background-color: #EEF1F9">
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Share capital and premium</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">628</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">630</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Treasury shares</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(38)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(30)</FONT></TD></TR>
  <TR STYLE="background-color: #EEF1F9">
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Other reserves</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(595)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(562)</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Retained profits</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">2,023</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">2,365</FONT></TD></TR>
  <TR STYLE="background-color: #EEF1F9">
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Loss for the period / year attributable to equity holders</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(53)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(344)</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Equity attributable to owners of the Company</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>1,966</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>2,059</B></FONT></TD></TR>
  <TR STYLE="background-color: #EEF1F9">
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Non-controlling interests</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">179</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">215</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>TOTAL EQUITY</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>2,145</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>2,274</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #EEF1F9">
    <TD STYLE="padding-right: 2pt; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; padding-left: 2pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="padding-right: 2pt; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>LIABILITIES</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; padding-left: 2pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #EEF1F9">
    <TD STYLE="padding-right: 2pt; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>NON-CURRENT LIABILITIES</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; padding-left: 2pt">&nbsp;</TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Debt and financing</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">10</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">5,172</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">5,578</FONT></TD></TR>
  <TR STYLE="background-color: #EEF1F9">
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Lease liabilities</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">10</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">823</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">897</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Derivative financial instruments</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">13</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">1</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">14</FONT></TD></TR>
  <TR STYLE="background-color: #EEF1F9">
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Amounts due to non-controlling interests, associates and joint ventures</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">12</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">1</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">29</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Payables and accruals for capital expenditure</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; text-align: center; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">452</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">485</FONT></TD></TR>
  <TR STYLE="background-color: #EEF1F9">
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Provisions and other non-current liabilities</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">306</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">328</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Deferred tax liabilities</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">202</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">209</FONT></TD></TR>
  <TR STYLE="background-color: #EEF1F9">
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>TOTAL NON-CURRENT LIABILITIES</B></FONT><B><FONT STYLE="font-size: 10pt">&#9;</FONT></B></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>6,956</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>7,540</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="padding-right: 2pt; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; padding-left: 2pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #EEF1F9">
    <TD STYLE="padding-right: 2pt; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>CURRENT LIABILITIES</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; padding-left: 2pt">&nbsp;</TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Debt and financing</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">10</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">95</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">113</FONT></TD></TR>
  <TR STYLE="background-color: #EEF1F9">
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Lease liabilities</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">10</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">130</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">123</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Put option liability</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">13</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">285</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">262</FONT></TD></TR>
  <TR STYLE="background-color: #EEF1F9">
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Derivative financial instruments</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">2</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">1</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Payables and accruals for capital expenditure</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">279</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">345</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Other trade payables</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">249</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">334</FONT></TD></TR>
  <TR STYLE="background-color: #EEF1F9">
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Amounts due to non-controlling interests, associates and joint ventures</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">12</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">150</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">311</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Accrued interest and other expenses</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">474</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">445</FONT></TD></TR>
  <TR STYLE="background-color: #EEF1F9">
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Current income tax liabilities</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">87</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">71</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Contract liabilities</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">88</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">90</FONT></TD></TR>
  <TR STYLE="background-color: #EEF1F9">
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Provisions and other current liabilities</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">461</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">511</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>TOTAL CURRENT LIABILITIES</B></FONT><B><FONT STYLE="font-size: 10pt">&#9;</FONT></B></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>2,299</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>2,608</B></FONT></TD></TR>
  <TR STYLE="background-color: #EEF1F9">
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>TOTAL LIABILITIES</B></FONT><B><FONT STYLE="font-size: 10pt">&#9;</FONT></B></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>9,255</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>10,148</B></FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; border-bottom: #A7A7A7 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>TOTAL EQUITY AND LIABILITIES</B></FONT><B><FONT STYLE="font-size: 10pt">&#9;</FONT></B></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; border-bottom: #A7A7A7 1pt solid; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>11,400</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>12,422</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">The accompanying notes are an integral part of these
unaudited interim condensed consolidated financial statements</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">&nbsp;</P>


<!-- Field: Page; Sequence: 5 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; text-align: right; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->5<!-- Field: /Sequence -->&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="text-align: left; padding: 8pt; background-color: rgb(0,25,60); width: 85%; vertical-align: middle"><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; color: white; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-indent: 0in">Unaudited Interim Condensed Consolidated Financial Statements</P><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 11.25pt; color: white"></P><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; color: white; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-indent: 0in">for the three- and nine-month periods ended September 30, 2021</P></TD><TD STYLE="padding: 8pt 20pt 8pt 8pt; text-align: right; background-color: rgb(0,25,60); width: 15%">&nbsp;<IMG SRC="millicom.jpg" ALT=""></TD></TR></TABLE><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 14pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #39B8D4"><B>Unaudited interim condensed consolidated statement
of cash flows for the nine-month period ended September 30, 2021</B></P>

<P STYLE="font: 14pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #39B8D4">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom; width: 75%; border-top: #A7A7A7 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>in millions of U.S. dollars</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; width: 5%; border-top: #A7A7A7 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Notes</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; width: 10%; border-top: #A7A7A7 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>September 30, 2021</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; width: 10%; border-top: #A7A7A7 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>September 30, 2020</B></FONT></TD></TR>
  <TR STYLE="background-color: #EEF1F9">
    <TD STYLE="padding-left: 9pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Cash flows from operating activities (including discontinued operations)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="padding-left: 13.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Profit (loss) before taxes from continuing operations </FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">4</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(272)</FONT></TD></TR>
  <TR STYLE="background-color: #EEF1F9">
    <TD STYLE="padding-left: 13.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Profit (loss) before taxes from discontinued operations</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">4</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(9)</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="padding-left: 9pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Profit (loss) before taxes</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>3</B></FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>(281)</B></FONT></TD></TR>
  <TR STYLE="background-color: #EEF1F9">
    <TD STYLE="padding-left: 9pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Adjustments to reconcile to net cash:</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="padding-left: 13.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Interest expense on leases</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">94</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">117</FONT></TD></TR>
  <TR STYLE="background-color: #EEF1F9">
    <TD STYLE="padding-left: 13.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Interest expense on debt and other financing</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">295</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">340</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="padding-left: 13.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Interest and other financial income</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(22)</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(8)</FONT></TD></TR>
  <TR STYLE="background-color: #EEF1F9">
    <TD STYLE="padding-left: 9pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Adjustments for non-cash items:</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="padding-left: 13.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Depreciation and amortization </FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">4</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">879</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">904</FONT></TD></TR>
  <TR STYLE="background-color: #EEF1F9">
    <TD STYLE="padding-left: 13.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Share of net profit in Guatemala and Honduras joint ventures</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(185)</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(101)</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="padding-left: 13.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(Gain) on disposal and impairment of assets, net </FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">8</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(22)</FONT></TD></TR>
  <TR STYLE="background-color: #EEF1F9">
    <TD STYLE="padding-left: 13.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Share based compensation&nbsp;&nbsp;</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">10</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">20</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="padding-left: 13.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Loss from other joint ventures and associates, net</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">12</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">38</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD></TR>
  <TR STYLE="background-color: #EEF1F9">
    <TD STYLE="padding-left: 13.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Other non-cash non-operating (income) expenses, net </FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">5</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">37</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">147</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Changes in working capital:</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
  <TR STYLE="background-color: #EEF1F9">
    <TD STYLE="padding-left: 9pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Decrease (increase) in trade receivables, prepayments and other current assets, net</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(128)</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(90)</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="padding-left: 9pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Decrease (increase) in inventories </FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(20)</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(18)</FONT></TD></TR>
  <TR STYLE="background-color: #EEF1F9">
    <TD STYLE="padding-left: 9pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Increase (decrease) in trade and other payables, net</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(37)</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">35</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="padding-left: 9pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Increase (decrease) in contract assets, liabilities and costs, net</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(2)</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">7</FONT></TD></TR>
  <TR STYLE="background-color: #EEF1F9">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Total changes in working capital </B></FONT><B><FONT STYLE="font-size: 10pt">&#9;</FONT></B></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>(187)</B></FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>(66)</B></FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="padding-left: 9pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Interest paid on leases</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(109)</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(111)</FONT></TD></TR>
  <TR STYLE="background-color: #EEF1F9">
    <TD STYLE="padding-left: 9pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Interest paid on debt and other financing</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(269)</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(313)</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="padding-left: 9pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Interest received </FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">2</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">8</FONT></TD></TR>
  <TR STYLE="background-color: #EEF1F9">
    <TD STYLE="padding-left: 9pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Taxes paid</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(79)</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(108)</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="padding-left: 9pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Net cash provided by operating activities </B></FONT><B><FONT STYLE="font-size: 10pt">&#9;</FONT></B></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>516</B></FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>525</B></FONT></TD></TR>
  <TR STYLE="background-color: #EEF1F9">
    <TD STYLE="padding-left: 9pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Cash flows from (used in) investing activities (including discontinued operations):</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="padding-left: 9pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Acquisition of subsidiaries, joint ventures and associates, net of cash acquired </FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">3</FONT></TD></TR>
  <TR STYLE="background-color: #EEF1F9">
    <TD STYLE="padding-left: 9pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Proceeds from disposal of subsidiaries and associates, net of cash disposed</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">18</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">10</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="padding-left: 9pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Purchase of intangible assets and licenses </FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">9</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(132)</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(201)</FONT></TD></TR>
  <TR STYLE="background-color: #EEF1F9">
    <TD STYLE="padding-left: 9pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Purchase of property, plant and equipment </FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">8</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(479)</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(440)</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="padding-left: 9pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Proceeds from sale of property, plant and equipment </FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">8</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">6</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">6</FONT></TD></TR>
  <TR STYLE="background-color: #EEF1F9">
    <TD STYLE="padding-left: 9pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Proceeds from disposal of equity investments, net of costs</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">14</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">163</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">91</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="padding-left: 9pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Dividends and dividend advances received from joint ventures&nbsp;&nbsp;</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">7</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">13</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">67</FONT></TD></TR>
  <TR STYLE="background-color: #EEF1F9">
    <TD STYLE="padding-left: 9pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Cash (used in) provided by other investing activities, net&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">17</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">19</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="border-bottom: #B6B6B6 1pt solid; padding-left: 9pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Net cash used in investing activities </B></FONT><B><FONT STYLE="font-size: 10pt">&#9;</FONT></B></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #B6B6B6 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #B6B6B6 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>(395)</B></FONT></TD>
    <TD STYLE="border-bottom: #B6B6B6 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>(446)</B></FONT></TD></TR>
  </TABLE>

<!-- Field: Page; Sequence: 6 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; text-align: right; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->6<!-- Field: /Sequence -->&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="text-align: left; padding: 8pt; background-color: rgb(0,25,60); width: 85%; vertical-align: middle"><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; color: white; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-indent: 0in">Unaudited Interim Condensed Consolidated Financial Statements</P><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 11.25pt; color: white"></P><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; color: white; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-indent: 0in">for the three- and nine-month periods ended September 30, 2021</P></TD><TD STYLE="padding: 8pt 20pt 8pt 8pt; text-align: right; background-color: rgb(0,25,60); width: 15%">&nbsp;<IMG SRC="millicom.jpg" ALT=""></TD></TR></TABLE><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="4"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 14pt; color: #39B8D4"><B>Unaudited interim condensed consolidated statement of cash flows for the nine-month period ended September 30, 2021 (continued)</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 75%">&nbsp;</TD>
    <TD STYLE="width: 5%">&nbsp;</TD>
    <TD STYLE="width: 10%">&nbsp;</TD>
    <TD STYLE="width: 10%">&nbsp;</TD></TR>
  <TR STYLE="background-color: #EEF1F9">
    <TD STYLE="padding-left: 9pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Cash flows from financing activities (including discontinued operations):</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="padding-left: 9pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Proceeds from debt and other financing </FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">10</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">247</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">810</FONT></TD></TR>
  <TR STYLE="background-color: #EEF1F9">
    <TD STYLE="padding-left: 9pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Repayment of debt and other financing </FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">10</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(580)</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(783)</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="padding-left: 9pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Loan repayment from (advance to) joint venture</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">12</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">193</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD></TR>
  <TR STYLE="background-color: #EEF1F9">
    <TD STYLE="padding-left: 9pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Lease capital repayment</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(90)</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(83)</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="padding-left: 9pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Advances and dividends paid to non-controlling interests</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(6)</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(5)</FONT></TD></TR>
  <TR STYLE="background-color: #EEF1F9">
    <TD STYLE="padding-left: 9pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Share repurchase program</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(28)</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(10)</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Net cash provided by (used in) financing activities</B></FONT><B><FONT STYLE="font-size: 10pt">&#9;</FONT></B></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>(265)</B></FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>(71)</B></FONT></TD></TR>
  <TR STYLE="background-color: #EEF1F9">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Exchange impact on cash and cash equivalents, net</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(9)</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(28)</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Net (decrease) increase in cash and cash equivalents </B></FONT><B><FONT STYLE="font-size: 10pt">&#9;</FONT></B></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>(152)</B></FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>(20)</B></FONT></TD></TR>
  <TR STYLE="background-color: #EEF1F9">
    <TD STYLE="padding-left: 4.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Cash and cash equivalents at the beginning of the year</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">875</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">1,164</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="border-bottom: #A7A7A7 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Cash and cash equivalents at the end of the period/year</B></FONT><B><FONT STYLE="font-size: 10pt">&#9;</FONT></B></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #A7A7A7 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: #A7A7A7 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>723</B></FONT></TD>
    <TD STYLE="border-bottom: #A7A7A7 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>1,144</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">The accompanying notes are an integral part of these
unaudited interim condensed consolidated financial statements</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">&nbsp;</P>


<!-- Field: Page; Sequence: 7 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; text-align: right; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->7<!-- Field: /Sequence -->&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="text-align: left; padding: 8pt; background-color: rgb(0,25,60); width: 85%; vertical-align: middle"><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; color: white; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-indent: 0in">Unaudited Interim Condensed Consolidated Financial Statements</P><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 11.25pt; color: white"></P><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; color: white; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-indent: 0in">for the three- and nine-month periods ended September 30, 2021</P></TD><TD STYLE="padding: 8pt 20pt 8pt 8pt; text-align: right; background-color: rgb(0,25,60); width: 15%">&nbsp;<IMG SRC="millicom.jpg" ALT=""></TD></TR></TABLE><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 14pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #39B8D4"><B>Unaudited interim condensed consolidated statements
of changes in equity for the nine-month periods ended September 30, 2021 and September 30, 2020</B></P>

<P STYLE="font: 14pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #39B8D4">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 2pt; width: 27%; border-top: #A7A7A7 1pt solid; border-bottom: #B6B6B6 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>in millions of U.S. dollars</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; width: 7%; border-top: #A7A7A7 1pt solid; border-bottom: #B6B6B6 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Number of shares (000&rsquo;s)</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; width: 7%; border-top: #A7A7A7 1pt solid; border-bottom: #B6B6B6 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Number of shares held by the Group (000&rsquo;s)</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; width: 6%; border-top: #A7A7A7 1pt solid; border-bottom: #B6B6B6 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Share capital</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; width: 8%; border-top: #A7A7A7 1pt solid; border-bottom: #B6B6B6 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Share premium</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; width: 8%; border-top: #A7A7A7 1pt solid; border-bottom: #B6B6B6 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Treasury shares</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; width: 8%; border-top: #A7A7A7 1pt solid; border-bottom: #B6B6B6 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Retained profits (i)</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; width: 7%; border-top: #A7A7A7 1pt solid; border-bottom: #B6B6B6 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Other reserves</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; width: 6%; border-top: #A7A7A7 1pt solid; border-bottom: #B6B6B6 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Total</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; width: 9%; border-top: #A7A7A7 1pt solid; border-bottom: #B6B6B6 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Non- controlling interests</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; width: 7%; border-top: #A7A7A7 1pt solid; border-bottom: #B6B6B6 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Total equity</B></FONT></TD></TR>
  <TR STYLE="background-color: #EEF1F9">
    <TD STYLE="padding-right: 2pt; border-bottom: #B6B6B6 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Balance on December 31, 2019</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #B6B6B6 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>101,739</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #B6B6B6 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>(581)</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #B6B6B6 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>153</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #B6B6B6 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>480</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #B6B6B6 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>(51)</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #B6B6B6 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>2,372</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #B6B6B6 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>(544)</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #B6B6B6 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>2,410</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #B6B6B6 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>271</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #B6B6B6 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>2,680</B></FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="padding-right: 2pt; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Total comprehensive income for the period</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(288)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(66)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(355)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(59)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(414)</FONT></TD></TR>
  <TR STYLE="background-color: #EEF1F9">
    <TD STYLE="padding-right: 2pt; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Dividends to non controlling interests</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(5)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(5)</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="padding-right: 2pt; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Purchase of treasury shares (ii)</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(467)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(19)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">3</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(16)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(16)</FONT></TD></TR>
  <TR STYLE="background-color: #EEF1F9">
    <TD STYLE="padding-right: 2pt; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Share based compensation</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">19</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">19</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">1</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">20</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="padding-right: 2pt; border-bottom: #B6B6B6 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Issuance of shares under share-based payment schemes</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #B6B6B6 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #B6B6B6 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">521</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #B6B6B6 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #B6B6B6 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(2)</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #B6B6B6 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">40</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #B6B6B6 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(11)</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #B6B6B6 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(26)</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #B6B6B6 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">1</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #B6B6B6 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #B6B6B6 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">1</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 2pt; border-bottom: #B6B6B6 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Balance on September 30, 2020 </B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #B6B6B6 1pt solid; background-color: #EEF1F9; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>101,739</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #B6B6B6 1pt solid; background-color: #EEF1F9; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>(526)</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #B6B6B6 1pt solid; background-color: #EEF1F9; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>153</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #B6B6B6 1pt solid; background-color: #EEF1F9; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>478</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #B6B6B6 1pt solid; background-color: #EEF1F9; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>(30)</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #B6B6B6 1pt solid; background-color: #EEF1F9; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>2,076</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #B6B6B6 1pt solid; background-color: #EEF1F9; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>(617)</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #B6B6B6 1pt solid; background-color: #EEF1F9; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>2,059</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #B6B6B6 1pt solid; background-color: #EEF1F9; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>207</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #B6B6B6 1pt solid; background-color: #EEF1F9; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>2,266</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 2pt; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; background-color: white; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; background-color: white; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; background-color: white; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; background-color: white; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; background-color: white; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; background-color: white; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; background-color: white; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; background-color: white; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; background-color: white; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; background-color: white; padding-left: 2pt">&nbsp;</TD></TR>
  <TR STYLE="background-color: #EEF1F9">
    <TD STYLE="padding-right: 2pt; border-bottom: #B6B6B6 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Balance on December 31, 2020 </B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #B6B6B6 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>101,739</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #B6B6B6 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>(526)</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #B6B6B6 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>153</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #B6B6B6 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>478</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #B6B6B6 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>(30)</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #B6B6B6 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>2,020</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #B6B6B6 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>(562)</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #B6B6B6 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>2,059</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #B6B6B6 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>215</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #B6B6B6 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>2,274</B></FONT></TD></TR>
  <TR STYLE="background-color: #EEF1F9">
    <TD STYLE="padding-right: 2pt; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Total comprehensive income for the period</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(53)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(19)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(71)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(34)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(105)</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="padding-right: 2pt; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Dividends to non controlling interests</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(3)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(3)</FONT></TD></TR>
  <TR STYLE="background-color: #EEF1F9">
    <TD STYLE="padding-right: 2pt; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Purchase of treasury shares (ii)</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(842)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(34)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">2</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(32)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(32)</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="padding-right: 2pt; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Share based compensation</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">9</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">9</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">1</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">10</FONT></TD></TR>
  <TR STYLE="background-color: #EEF1F9">
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Issuance of shares under share-based payment schemes </FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">453</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(2)</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">26</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">2</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(25)</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">1</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">1</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; background-color: #EEF1F9; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Balance on September 30, 2021</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; background-color: white; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>101,739</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; background-color: white; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>(915)</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; background-color: white; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>153</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; background-color: white; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>476</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; background-color: white; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>(38)</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; background-color: white; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>1,971</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; background-color: white; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>(595)</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; background-color: white; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>1,966</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; background-color: white; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>179</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; background-color: white; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>2,145</B></FONT></TD></TR>
  </TABLE>
<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; color: #808285"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><I>(i)</I></TD><TD><I>Retained profits &ndash; includes profit for the period attributable to equity holders, of which at September 30, 2021, $333 million
(2020: $305 million) are not distributable to equity holders. </I></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; color: #808285"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><I>(ii)</I></TD><TD><I>During the nine-month period ended September 30, 2021, in connection with the Group's share repurchase program, Millicom repurchased
739,438 shares (2020:350,000 shares) for a total amount of $28 million (2020: $10 million) and withheld approximately 102,000 shares (2020:
117,000 shares) for settlement of tax obligations on behalf of employees under share-based compensation plans.</I></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: white"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">The accompanying notes are an integral part of these
unaudited interim condensed consolidated financial statements</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">&nbsp;</P>


<!-- Field: Page; Sequence: 8 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; text-align: right; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->8<!-- Field: /Sequence -->&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="text-align: left; padding: 8pt; background-color: rgb(0,25,60); width: 85%; vertical-align: middle"><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; color: white; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-indent: 0in">Unaudited Interim Condensed Consolidated Financial Statements</P><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 11.25pt; color: white"></P><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; color: white; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-indent: 0in">for the three- and nine-month periods ended September 30, 2021</P></TD><TD STYLE="padding: 8pt 20pt 8pt 8pt; text-align: right; background-color: rgb(0,25,60); width: 15%">&nbsp;<IMG SRC="millicom.jpg" ALT=""></TD></TR></TABLE><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 14pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #39B8D4"><B>Notes to the unaudited interim condensed consolidated
statements</B></P>

<P STYLE="font: 14pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #39B8D4">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #003A66"><B>1. GENERAL</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #003A66">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">Millicom International Cellular&nbsp;S.A. (the &ldquo;Company&rdquo;
or &ldquo;MIC SA&rdquo;), a Luxembourg Soci&eacute;t&eacute; Anonyme, and its subsidiaries, joint ventures and associates (the &ldquo;Group&rdquo;
or &ldquo;Millicom&rdquo;) is a provider of cable and mobile services dedicated to emerging markets in Latin America and Africa. Millicom
provides high speed broadband and innovation around The Digital Lifestyle<sup>&reg;</sup> services through its principal brand, TIGO.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">On October&nbsp;27, 2021, the Board of Directors authorized
these unaudited interim condensed consolidated financial statements for issuance.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #003A66"><B>2. SUMMARY OF ACCOUNTING POLICIES</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #003A66">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; color: #003A66"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><B><I>I.</I></B></TD><TD><B><I>Basis of presentation</I></B></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">These interim condensed consolidated financial statements
of the Group are unaudited. They are presented in US dollars ($) and have been prepared in accordance with International Accounting Standard
(&ldquo;IAS&rdquo;) 34 &lsquo;Interim Financial Reporting&rsquo; as issued by the International Accounting Standards Board (&quot;IASB&quot;)
and as adopted by the European Union (&quot;EU&quot;). In the opinion of management, these unaudited interim condensed consolidated financial
statements reflect all adjustments that are necessary for a proper presentation of the results for interim periods. Millicom&rsquo;s operations
are not affected by significant seasonal or cyclical patterns.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">These unaudited interim condensed consolidated financial
statements should be read in conjunction with the audited consolidated financial statements for the year ended December 31, 2020, which
have been prepared in accordance with International Financial Reporting Standards (&quot;IFRS&quot;) as issued by the IASB and in conformity
with IFRS as adopted by the EU. These financial statements are prepared in accordance with consolidation and accounting policies consistent
with the December 31, 2020 consolidated financial statements, except for the changes described below.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">We have made rounding adjustments to reach some of the
figures included in these unaudited interim condensed consolidated financial statements. Accordingly, numerical figures shown as totals
in some tables may not be an arithmetic aggregation of the figures that preceded them and percentage calculations using these adjusted
figures may not result in the same percentage values as are shown in these unaudited interim condensed consolidated financial statements.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; color: #003A66"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><B><I>II.</I></B></TD><TD><B><I>COVID-19 - Qualitative and quantitative assessment on business activities, financial situation and economic performance </I></B></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #808285"><B><I>Impact on Millicom's markets
and business</I></B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #808285">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">During the first nine months of 2021, economic activity
continued to recover in our markets, as most countries continued to ease lockdowns implemented at the beginning of the pandemic, and remittances
from the U.S. to Central America sustained double-digit growth year-on-year. Meanwhile, vaccination rates improved to above 50% in Panama,
El Salvador and Costa Rica but remained below 20% in Nicaragua. Some countries experienced spikes in the number of COVID cases during
the quarter, but governments generally refrained from imposing strict lockdowns, choosing instead to use curfews or voluntary quarantine
programs, which had a negligible effect on commercial activity.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">As of September 30, 2021, and for the nine-month period
ended September 30, 2021, management did not identify any significant adverse accounting effects as a result of the pandemic.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">&nbsp;</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="text-align: left; padding: 8pt; background-color: rgb(0,25,60); width: 85%; vertical-align: middle"><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; color: white; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-indent: 0in">Unaudited Interim Condensed Consolidated Financial Statements</P><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 11.25pt; color: white"></P><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; color: white; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-indent: 0in">for the three- and nine-month periods ended September 30, 2021</P></TD><TD STYLE="padding: 8pt 20pt 8pt 8pt; text-align: right; background-color: rgb(0,25,60); width: 15%">&nbsp;<IMG SRC="millicom.jpg" ALT=""></TD></TR></TABLE><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt">&nbsp;</P></DIV>
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<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #003A66"><B>2. SUMMARY OF ACCOUNTING POLICIES
(Continued)</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #003A66">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; color: #003A66"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><B><I>III.</I></B></TD><TD><B><I>New and amended IFRS standards</I></B></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">The following changes to standards have been adopted
by the Group and did not have any significant impact on the Group&rsquo;s accounting policies or disclosures and did not require retrospective
adjustments:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; color: #808285"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in">&bull;</TD><TD>Amendment to IFRS 16, 'Leases' - COVID 19 Rent Concessions - effective for annual periods starting on June 1, 2020. While the Group
has implemented this amendment already in 2020, the IASB (in March 2021) extended its initial application beyond June 30, 2021, by one
additional year.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; color: #808285"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in">&bull;</TD><TD>Amendments to IFRS 9, IAS 39, IFRS 7, IFRS 4 and IFRS 16 - Interest Rate Benchmark Reform - Phase 2 - effective for annual periods
starting on January 1, 2021. The amendments provide temporary reliefs which address the financial reporting effects when an interbank
offered rate (IBOR) is replaced with an alternative nearly risk-free interest rate.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in; color: #808285">Main reliefs provided by the Phase
2 amendments relate to:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in; color: #808285">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; color: #808285"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">&bull;</TD><TD>Changes to contractual cash flows: That is, when changing the basis for determining contractual cash flows for financial assets and
liabilities required by the reform this will not result in an immediate gain or loss in the income statement but in an update of the effective
interest rate (or an update in the discount rate to remeasure the lease liability as a result of the IBOR reform), and;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; color: #808285"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">&bull;</TD><TD>Hedge accounting: That is, allowing hedge relationships that are directly affected by the reform to continue, though additional ineffectiveness
might need to be recorded.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">The following changes to standards not yet effective
are not expected to materially affect the Group:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; color: #808285"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in">&bull;</TD><TD>Amendments effective for annual periods starting on January 1, 2022:</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; color: #808285"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">&#9702;</TD><TD>IFRS 3 'Business Combinations' - Reference to Conceptual Framework.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; color: #808285"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">&#9702;</TD><TD>IAS 16 'Property, Plant and Equipment' - Proceeds before intended use.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; color: #808285"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">&#9702;</TD><TD>IAS 37 'Provisions, Contingent Liabilities and Contingent Assets' - Cost of fulfilling a contract.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; color: #808285"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">&#9702;</TD><TD>Annual improvements to IFRS Standards 2018-2020, affecting IFRS 1, IFRS 9, IFRS 16 and IAS 41.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; color: #808285"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in">&bull;</TD><TD>Amendments effective for annual periods starting on January 1, 2023 (not yet endorsed by the EU):</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; color: #808285"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">&#9702;</TD><TD>Amendments to IAS 1, 'Presentation of Financial Statements' : These amendments clarify that liabilities are classified as either current
or non-current, depending on the rights that exist at the end of the reporting period. The amendments also clarify what IAS 1 means when
it refers to the &lsquo;settlement&rsquo; of a liability. The IASB also issued 'Disclosure of Accounting Policies' with amendments that
are intended to help preparers in deciding which accounting policies to disclose in their financial statements.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; color: #808285"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">&#9702;</TD><TD>IFRS 17, &lsquo;Insurance contracts&rsquo;, including amendments.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; color: #808285"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">&#9702;</TD><TD>IAS 8, 'Accounting Policies, Changes in Accounting Estimates and Errors' - Definition of accounting estimates.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">The following changes to standards are effective for
annual periods starting on January 1, 2023 (not yet endorsed by the EU) and their potential impact on the Group consolidated financial
statements is currently being assessed by Management:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; color: #808285"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">&#9702;</TD><TD>Amendments to IAS 12, 'Income Taxes: Deferred tax related to Assets and liabilities arising from a Single Transaction' - These amendments
clarify that the initial recognition exception does not apply to the initial recognition of leases and decommissioning obligations. These
amendments apply prospectively to transitions that occur on or after the beginning of the earliest comparative period presented. In addition,
an entity should apply the amendments for the first time by recognising deferred tax for all temporary differences related to leases and
decommissioning obligations at the beginning of the earliest comparative period presented.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="text-align: left; padding: 8pt; background-color: rgb(0,25,60); width: 85%; vertical-align: middle"><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; color: white; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-indent: 0in">Unaudited Interim Condensed Consolidated Financial Statements</P><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 11.25pt; color: white"></P><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; color: white; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-indent: 0in">for the three- and nine-month periods ended September 30, 2021</P></TD><TD STYLE="padding: 8pt 20pt 8pt 8pt; text-align: right; background-color: rgb(0,25,60); width: 15%">&nbsp;<IMG SRC="millicom.jpg" ALT=""></TD></TR></TABLE><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #003A66"><B>3. ACQUISITION AND DISPOSAL OF SUBSIDIARIES, JOINT
VENTURES, ASSOCIATES AND OTHER NON-CONTROLLING INTERESTS</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #003A66">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">There were no material acquisitions or disposals during
the nine-month periods ended September 30, 2021 and 2020. Refer to note 16 for details related to the Ghana disposal.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">&nbsp;</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="text-align: left; padding: 8pt; background-color: rgb(0,25,60); width: 85%; vertical-align: middle"><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; color: white; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-indent: 0in">Unaudited Interim Condensed Consolidated Financial Statements</P><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 11.25pt; color: white"></P><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; color: white; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-indent: 0in">for the three- and nine-month periods ended September 30, 2021</P></TD><TD STYLE="padding: 8pt 20pt 8pt 8pt; text-align: right; background-color: rgb(0,25,60); width: 15%">&nbsp;<IMG SRC="millicom.jpg" ALT=""></TD></TR></TABLE><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt">&nbsp;</P></DIV>
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<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #003A66"><B>4. SEGMENT INFORMATION</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #003A66">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">Management determines operating and reportable segments
based on information used by the chief operating decision maker (CODM) to make strategic and operational decisions from both a business
and geographic perspective. The Group&rsquo;s risks and rates of return are predominantly affected by operating in different geographical
regions. The Group has businesses in two main regions: Latin America (&ldquo;Latam&rdquo;) and Africa. Millicom is allocating corporate
costs to each segment based on their contribution to underlying revenue, and only non-recurring costs - such as M&amp;A related costs-,
remain as unallocated. The Latam figures below include Honduras and Guatemala as if they are fully consolidated by the Group, as this
reflects the way management reviews and uses internally reported information to make decisions. The joint venture in Ghana is not reported
as if fully consolidated. Refer to note 16 for details related to the Ghana disposal.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">Revenue, operating profit (loss), EBITDA and other segment
information for the nine-month periods ended September 30, 2021 and 2020, are as follows:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="padding-right: 2pt; width: 39%; border-top: #A7A7A7 1pt solid; padding-left: 2pt">
    <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #003A66"><B>Nine months ended September 30, 2021</B></P>
    <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #003A66">&nbsp;</P>
    <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #003A66"><B>(in millions of U.S. dollars)</B></P>
    <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #003A66">&nbsp;</P></TD>
    <TD STYLE="padding-right: 2pt; width: 10%; border-top: #A7A7A7 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Latin America</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; width: 9%; border-top: #A7A7A7 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Africa</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; width: 10%; border-top: #A7A7A7 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Unallocated</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; width: 12%; border-top: #A7A7A7 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Guatemala and Honduras(vii)</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; width: 10%; border-top: #A7A7A7 1pt solid; padding-left: 2pt">
    <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center; color: #003A66"><B>Eliminations and</B></P>
    <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center; color: #003A66"><B>Transfers</B></P></TD>
    <TD STYLE="padding-right: 2pt; width: 10%; border-top: #A7A7A7 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Total</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #EEF1F9">
    <TD STYLE="padding-right: 2pt; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Mobile revenue </FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">2,509</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">257</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(1,136)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">1,630</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Cable and other fixed services revenue </FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">1,697</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">7</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(270)</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(1)</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">1,432</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #EEF1F9">
    <TD STYLE="padding-right: 2pt; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Other revenue </FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">52</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(7)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(1)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">44</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="padding-right: 2pt; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Service revenue (i) </B></FONT><B><FONT STYLE="font-size: 10pt">&#9;</FONT></B></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>4,258</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>264</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>&mdash;</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>(1,413)</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>(3)</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>3,107</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #EEF1F9">
    <TD STYLE="padding-right: 2pt; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Telephone and equipment&nbsp;&nbsp;and other revenue (i) </FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">365</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(201)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">164</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Revenue </B></FONT><B><FONT STYLE="font-size: 10pt">&#9;</FONT></B></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>4,623</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>264</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>&mdash;</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>(1,614)</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>(3)</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>3,270</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #EEF1F9">
    <TD STYLE="padding-right: 2pt; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Operating profit (loss) </B></FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>740</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>24</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>(20)</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>(482)</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>185</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>447</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="padding-right: 2pt; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Add back:</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; padding-left: 2pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #EEF1F9">
    <TD STYLE="padding-right: 2pt; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Depreciation and amortization </FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">1,145</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">63</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">9</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(338)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">879</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Share of profit in joint ventures in Guatemala and Honduras </FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(185)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(185)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #EEF1F9">
    <TD STYLE="padding-right: 2pt; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Other operating income (expenses), net </FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(4)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">12</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">8</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>EBITDA (ii) </B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; background-color: white; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>1,881</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; background-color: white; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>87</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; background-color: white; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>2</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; background-color: white; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>(820)</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; background-color: white; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>&mdash;</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; background-color: white; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>1,149</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #EEF1F9">
    <TD STYLE="padding-right: 2pt; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">EBITDA from discontinued operations </FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>EBITDA incl discontinued operations </B></FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; background-color: white; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>1,881</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; background-color: white; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>87</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; background-color: white; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>2</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; background-color: white; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>(820)</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; background-color: white; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>&mdash;</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; background-color: white; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>1,149</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #EEF1F9">
    <TD STYLE="padding-right: 2pt; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Capital expenditure (iii) </FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(737)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(30)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(9)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">196</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(580)</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Changes in working capital and others (iv) </FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(164)</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">13</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(4)</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(22)</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(177)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #EEF1F9">
    <TD STYLE="padding-right: 2pt; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Taxes paid </FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(178)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(16)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(5)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">119</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(80)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Operating free cash flow (v) </B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; background-color: white; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>802</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; background-color: white; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>54</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; background-color: white; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>(16)</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; background-color: white; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>(527)</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; background-color: white; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>&mdash;</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; background-color: white; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>313</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #EEF1F9">
    <TD STYLE="padding-right: 2pt; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Total Assets (vi)</B></FONT><B><FONT STYLE="font-size: 10pt">&#9;</FONT></B></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>12,301</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>868</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>3,651</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>(4,659)</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>(762)</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>11,400</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Total Liabilities</B></FONT><B><FONT STYLE="font-size: 10pt">&#9;</FONT></B></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>7,898</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>917</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>2,890</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>(1,666)</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>(784)</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>9,255</B></FONT></TD></TR>
  </TABLE>

<!-- Field: Page; Sequence: 12 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; text-align: right; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->12<!-- Field: /Sequence -->&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="text-align: left; padding: 8pt; background-color: rgb(0,25,60); width: 85%; vertical-align: middle"><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; color: white; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-indent: 0in">Unaudited Interim Condensed Consolidated Financial Statements</P><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 11.25pt; color: white"></P><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; color: white; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-indent: 0in">for the three- and nine-month periods ended September 30, 2021</P></TD><TD STYLE="padding: 8pt 20pt 8pt 8pt; text-align: right; background-color: rgb(0,25,60); width: 15%">&nbsp;<IMG SRC="millicom.jpg" ALT=""></TD></TR></TABLE><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #003A66"><B>4. SEGMENT INFORMATION (Continued)</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #003A66">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="padding-right: 2pt; width: 39%; border-top: #A7A7A7 1pt solid; padding-left: 2pt">
    <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #003A66"><B>Nine months ended September 30, 2020</B></P>
    <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #003A66">&nbsp;</P>
    <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #003A66"><B>(in millions of U.S. dollars)</B></P>
    <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #003A66">&nbsp;</P></TD>
    <TD STYLE="padding-right: 2pt; width: 9%; border-top: #A7A7A7 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Latin America</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; width: 10%; border-top: #A7A7A7 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Africa</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; width: 10%; border-top: #A7A7A7 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Unallocated</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; width: 12%; border-top: #A7A7A7 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Guatemala and Honduras (vii)</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; width: 10%; border-top: #A7A7A7 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Eliminations and transfers</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; width: 10%; border-top: #A7A7A7 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Total</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #EEF1F9">
    <TD STYLE="padding-right: 2pt; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Mobile revenue </FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">2,383</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">263</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(1,078)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">1,568</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Cable and other fixed services revenue </FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">1,558</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">6</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(1)</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(222)</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">1,341</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #EEF1F9">
    <TD STYLE="padding-right: 2pt; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Other revenue </FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">43</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">1</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(1)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(5)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">38</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="padding-right: 2pt; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Service revenue (i) </B></FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>3,984</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>269</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>(2)</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>(1,304)</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>&mdash;</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>2,947</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #EEF1F9">
    <TD STYLE="padding-right: 2pt; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Telephone and equipment revenue (i) </FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">326</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(190)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">136</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Revenue </B></FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>4,309</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>269</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>(2)</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>(1,494)</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>&mdash;</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>3,083</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #EEF1F9">
    <TD STYLE="padding-right: 2pt; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Operating profit (loss) </B></FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>565</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>23</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>11</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>(377)</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>101</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>323</B></FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Add back:</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; text-align: center; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; text-align: center; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; text-align: center; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; text-align: center; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; text-align: center; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; text-align: center; padding-left: 2pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #EEF1F9">
    <TD STYLE="padding-right: 2pt; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Depreciation and amortization </FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">1,170</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">67</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">8</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(341)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">904</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Share of profit in joint ventures in Guatemala and Honduras </FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(101)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(101)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #EEF1F9">
    <TD STYLE="padding-right: 2pt; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Other operating income (expenses), net </FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(10)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(21)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(1)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(31)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>EBITDA (ii) </B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; background-color: white; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>1,725</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; background-color: white; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>91</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; background-color: white; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>(2)</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; background-color: white; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>(719)</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; background-color: white; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>&mdash;</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; background-color: white; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>1,096</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #EEF1F9">
    <TD STYLE="padding-right: 2pt; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">EBITDA from discontinued operations </FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>EBITDA incl discontinued operations </B></FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; background-color: white; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>1,725</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; background-color: white; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>90</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; background-color: white; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>(2)</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; background-color: white; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>(719)</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; background-color: white; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>&mdash;</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; background-color: white; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>1,095</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #EEF1F9">
    <TD STYLE="padding-right: 2pt; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Capital expenditure (iii) </FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(692)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(32)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(7)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">191</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(541)</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Changes in working capital and others (iv) (viii)</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">14</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">2</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(24)</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(38)</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(46)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #EEF1F9">
    <TD STYLE="padding-right: 2pt; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Taxes paid </FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(196)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(8)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(1)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">97</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(108)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Operating free cash flow (v) </B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; background-color: white; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>852</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; background-color: white; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>52</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; background-color: white; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>(33)</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; background-color: white; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>(470)</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; background-color: white; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>&mdash;</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; background-color: white; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>400</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #EEF1F9">
    <TD STYLE="padding-right: 2pt; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Total Assets (vi)</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>13,185</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>915</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>4,338</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>(5,241)</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>(868)</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>12,330</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Total Liabilities</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>8,680</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>945</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>3,598</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>(2,155)</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>(1,004)</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>10,063</B></FONT></TD></TR>
  </TABLE>

<!-- Field: Page; Sequence: 13 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; text-align: right; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->13<!-- Field: /Sequence -->&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="text-align: left; padding: 8pt; background-color: rgb(0,25,60); width: 85%; vertical-align: middle"><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; color: white; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-indent: 0in">Unaudited Interim Condensed Consolidated Financial Statements</P><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 11.25pt; color: white"></P><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; color: white; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-indent: 0in">for the three- and nine-month periods ended September 30, 2021</P></TD><TD STYLE="padding: 8pt 20pt 8pt 8pt; text-align: right; background-color: rgb(0,25,60); width: 15%">&nbsp;<IMG SRC="millicom.jpg" ALT=""></TD></TR></TABLE><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #003A66"><B>4. SEGMENT INFORMATION (Continued)</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #003A66">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="padding-right: 2pt; width: 40%; border-top: gray 1pt solid; padding-left: 2pt"><P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Three months ended September 30, 2021</B></FONT></P>
                                                                                <P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font: 10pt Arial, Helvetica, Sans-Serif; color: #003A66"><B>(in millions of U.S. dollars)</B></FONT></P></TD>
    <TD STYLE="padding-right: 2pt; width: 10%; border-top: gray 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Latin America</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; width: 10%; border-top: gray 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Africa</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; width: 10%; border-top: gray 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Unallocated</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; width: 10%; border-top: gray 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Guatemala and Honduras (vii)</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; width: 10%; border-top: gray 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Eliminations and transfers</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; width: 10%; border-top: gray 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Total</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #EEF1F9">
    <TD STYLE="padding-right: 2pt; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; padding-left: 2pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="padding-right: 2pt; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Mobile revenue</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">840</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">84</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(378)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">546</FONT></TD></TR>
  <TR STYLE="background-color: #EEF1F9">
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Cable and other fixed services revenue</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">568</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">2</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(94)</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">477</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="padding-right: 2pt; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Other revenue</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">18</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(3)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">15</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #EEF1F9">
    <TD STYLE="padding-right: 2pt; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Service revenue (i)</B></FONT><B><FONT STYLE="font-size: 10pt">&#9;</FONT></B></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>1,427</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>87</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>&mdash;</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>(475)</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>(1)</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>1,038</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="padding-right: 2pt; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Telephone and equipment revenue (i)</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">121</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(66)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">55</FONT></TD></TR>
  <TR STYLE="background-color: #EEF1F9">
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Revenue</B></FONT><B><FONT STYLE="font-size: 10pt">&#9;</FONT></B></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>1,548</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>87</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>&mdash;</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>(541)</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>(1)</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>1,093</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="padding-right: 2pt; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Operating profit (loss)</B></FONT><B><FONT STYLE="font-size: 10pt">&#9;</FONT></B></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>269</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>5</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>24</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>(158)</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>57</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>197</B></FONT></TD></TR>
  <TR STYLE="background-color: #EEF1F9">
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Add back:</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; text-align: center; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; text-align: center; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; text-align: center; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; text-align: center; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; text-align: center; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; text-align: center; padding-left: 2pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="padding-right: 2pt; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Depreciation and amortization</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">357</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">21</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">3</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(112)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">269</FONT></TD></TR>
  <TR STYLE="background-color: #EEF1F9">
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Share of profit in joint ventures in Guatemala and Honduras</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(56)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(56)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="padding-right: 2pt; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Other operating income (expenses), net</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(3)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(25)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(29)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #EEF1F9">
    <TD STYLE="padding-right: 2pt; border-bottom: gray 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>EBITDA (ii)</B></FONT><B><FONT STYLE="font-size: 10pt">&#9;</FONT></B></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: gray 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>622</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: gray 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>26</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: gray 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>2</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: gray 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>(270)</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: gray 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>&mdash;</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: gray 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>380</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="padding-right: 2pt; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">EBITDA from discontinued operations</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD></TR>
  <TR STYLE="background-color: #EEF1F9">
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>EBITDA incl discontinued operations</B></FONT><B><FONT STYLE="font-size: 10pt">&#9;</FONT></B></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>622</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>26</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>2</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>(270)</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>&mdash;</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>380</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="padding-right: 2pt; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Capital expenditure (iii)</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(237)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(8)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(4)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">77</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(173)</FONT></TD></TR>
  <TR STYLE="background-color: #EEF1F9">
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Changes in working capital and others (iv)</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">40</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">1</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(6)</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(22)</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">12</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="padding-right: 2pt; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Taxes paid</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(54)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(9)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(1)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">35</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(30)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #EEF1F9">
    <TD STYLE="padding-right: 2pt; border-bottom: gray 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Operating free cash flow (v)</B></FONT><B><FONT STYLE="font-size: 10pt">&#9;</FONT></B></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: gray 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>371</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: gray 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>10</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: gray 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>(10)</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: gray 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>(181)</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: gray 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>&mdash;</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: gray 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>189</B></FONT></TD></TR>
  </TABLE>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="text-align: left; padding: 8pt; background-color: rgb(0,25,60); width: 85%; vertical-align: middle"><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; color: white; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-indent: 0in">Unaudited Interim Condensed Consolidated Financial Statements</P><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 11.25pt; color: white"></P><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; color: white; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-indent: 0in">for the three- and nine-month periods ended September 30, 2021</P></TD><TD STYLE="padding: 8pt 20pt 8pt 8pt; text-align: right; background-color: rgb(0,25,60); width: 15%">&nbsp;<IMG SRC="millicom.jpg" ALT=""></TD></TR></TABLE><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt">&nbsp;</P></DIV>
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<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #003A66"><B>4. SEGMENT INFORMATION (Continued)</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #003A66">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="padding-right: 2pt; width: 39%; border-top: gray 1pt solid; padding-left: 2pt">
    <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #003A66"><B>Three months ended September 30, 2020</B></P>
    <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #003A66">&nbsp;</P>
    <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #003A66"><B>(in millions of U.S. dollars)</B></P>
    <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #003A66">&nbsp;</P></TD>
    <TD STYLE="padding-right: 2pt; width: 11%; border-top: gray 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Latin America</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; width: 6%; border-top: gray 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Africa</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; width: 10%; border-top: gray 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Unallocated</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; width: 13%; border-top: gray 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Guatemala and Honduras (vii)</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; width: 11%; border-top: gray 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Eliminations and transfers</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; width: 10%; border-top: gray 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Total</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #EEF1F9">
    <TD STYLE="padding-right: 2pt; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; padding-left: 2pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="padding-right: 2pt; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Mobile revenue</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">790</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">92</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(360)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">522</FONT></TD></TR>
  <TR STYLE="background-color: #EEF1F9">
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Cable and other fixed services revenue</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">513</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">2</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(76)</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">439</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="padding-right: 2pt; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Other revenue</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">15</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(2)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">13</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #EEF1F9">
    <TD STYLE="padding-right: 2pt; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Service revenue (i)</B></FONT><B><FONT STYLE="font-size: 10pt">&#9;</FONT></B></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>1,318</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>94</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>&mdash;</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>(438)</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>&mdash;</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>974</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="padding-right: 2pt; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Telephone and equipment revenue (i)</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">126</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(75)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">52</FONT></TD></TR>
  <TR STYLE="background-color: #EEF1F9">
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Revenue</B></FONT><B><FONT STYLE="font-size: 10pt">&#9;</FONT></B></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>1,445</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>94</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>&mdash;</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>(512)</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>&mdash;</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>1,026</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="padding-right: 2pt; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Operating profit (loss)</B></FONT><B><FONT STYLE="font-size: 10pt">&#9;</FONT></B></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>194</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>9</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>(1)</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>(128)</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>22</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>97</B></FONT></TD></TR>
  <TR STYLE="background-color: #EEF1F9">
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Add back:</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; text-align: center; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; text-align: center; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; text-align: center; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; text-align: center; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; text-align: center; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; text-align: center; padding-left: 2pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="padding-right: 2pt; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Depreciation and amortization</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">394</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">22</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">2</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(114)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">305</FONT></TD></TR>
  <TR STYLE="background-color: #EEF1F9">
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Share of profit in joint ventures in Guatemala and Honduras</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(22)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(22)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="padding-right: 2pt; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Other operating income (expenses), net</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(7)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">1</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(1)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(9)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #EEF1F9">
    <TD STYLE="padding-right: 2pt; border-bottom: gray 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>EBITDA (ii)</B></FONT><B><FONT STYLE="font-size: 10pt">&#9;</FONT></B></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: gray 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>581</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: gray 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>32</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: gray 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>(1)</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: gray 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>(242)</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: gray 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>&mdash;</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: gray 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>371</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="padding-right: 2pt; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">EBITDA from discontinued operations</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD></TR>
  <TR STYLE="background-color: #EEF1F9">
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>EBITDA incl discontinued operations</B></FONT><B><FONT STYLE="font-size: 10pt">&#9;</FONT></B></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>581</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>32</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>(1)</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>(242)</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>&mdash;</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>370</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="padding-right: 2pt; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Capital expenditure (iii)</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(223)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(13)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(2)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">73</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(165)</FONT></TD></TR>
  <TR STYLE="background-color: #EEF1F9">
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Changes in working capital and others (iv) (viii)</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(19)</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">1</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">79</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(19)</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">42</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="padding-right: 2pt; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Taxes paid</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(100)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(3)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">39</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(65)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #EEF1F9">
    <TD STYLE="padding-right: 2pt; border-bottom: gray 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Operating free cash flow (v)</B></FONT><B><FONT STYLE="font-size: 10pt">&#9;</FONT></B></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: gray 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>238</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: gray 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>17</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: gray 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>76</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: gray 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>(149)</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: gray 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>&mdash;</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: gray 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>183</B></FONT></TD></TR>
  </TABLE>
<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; color: #808285"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><I>(i)</I></TD><TD><I>Service revenue is Group revenue related to the provision of ongoing services such as monthly subscription fees, airtime and data
usage fees, &#9; interconnection fees, roaming fees, mobile finance service commissions, installation fees and fees from other telecommunications
services such as data services, SMS and other value-added services excluding telephone and equipment sales. Revenues from other sources
comprises rental, sub-lease rental income and other non-recurring revenues. The Group derives revenue from the transfer of goods and services
over time and at a point in time. Refer to the table below.</I></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; color: #808285"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><I>(ii)</I></TD><TD><I>EBITDA is operating profit excluding impairment losses, depreciation and amortization and gains/losses on the disposal of fixed
assets. EBITDA is used by the management to monitor the segmental performance and for capital management.</I></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; color: #808285"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in; text-align: left"><I>(iii)</I></TD><TD><I>Excluding spectrum and licenses of $25 million (2020: $95
million).</I></TD>
</TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; color: #808285"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><I>(iv)</I></TD><TD><I>&lsquo;Changes in working capital and others&rsquo; include changes in working capital as stated in the cash flow statement as
well as share based payments expense.</I></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; color: #808285"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><I>(v)</I></TD><TD><I>Operating Free Cash Flow is EBITDA less cash capex (excluding spectrum and license costs) less change in working capital, other
non-cash items (share-based payment expense) and taxes paid.</I></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285"><I>(vi)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Segment
assets include goodwill and other intangible assets.</I></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285"><I>(vii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Including
eliminations for Guatemala and Honduras as reported in the Latin America segment.</I></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285"><I>(viii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Represented
for an intercompany transaction between Latin America and HQ</I></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">&nbsp;</P>


<!-- Field: Page; Sequence: 15 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; text-align: right; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->15<!-- Field: /Sequence -->&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="text-align: left; padding: 8pt; background-color: rgb(0,25,60); width: 85%; vertical-align: middle"><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; color: white; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-indent: 0in">Unaudited Interim Condensed Consolidated Financial Statements</P><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 11.25pt; color: white"></P><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; color: white; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-indent: 0in">for the three- and nine-month periods ended September 30, 2021</P></TD><TD STYLE="padding: 8pt 20pt 8pt 8pt; text-align: right; background-color: rgb(0,25,60); width: 15%">&nbsp;<IMG SRC="millicom.jpg" ALT=""></TD></TR></TABLE><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #003A66"><B>4. SEGMENT INFORMATION (Continued)</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #003A66">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">Revenue from contracts with customers from continuing
operations</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 2pt; border-top: #A7A7A7 1pt solid; padding-left: 2pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-top: #A7A7A7 1pt solid; padding-left: 2pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="border-top: rgb(167,167,167) 1pt solid; padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #003A66"><B>Nine
    months ended September 30, 2021</B></FONT></TD>
    <TD COLSPAN="3" STYLE="border-top: rgb(167,167,167) 1pt solid; border-left: rgb(167,167,167) 1pt solid; padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #003A66"><B>Nine
    months ended September 30, 2020</B></FONT></TD>
    <TD COLSPAN="3" STYLE="border-top: rgb(167,167,167) 1pt solid; border-left: rgb(167,167,167) 1pt solid; padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #003A66"><B>Three
    months ended September 30, 2021</B></FONT></TD>
    <TD COLSPAN="3" STYLE="border-left: rgb(167,167,167) 1pt solid; padding-right: 2pt; border-top: rgb(167,167,167) 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #003A66"><B>Three
    months ended September 30, 2020</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; width: 23%; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #003A66"><B>in
    millions of U.S. dollars</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; width: 9%; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #003A66"><B>Timing
    of revenue recognition</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; width: 7%; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #003A66"><B>Latin
    America</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; width: 5%; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #003A66"><B>Africa</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; width: 5%; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #003A66"><B>Total
    Group</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; width: 7%; border-left: #B6B6B6 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #003A66"><B>Latin
    America</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; width: 5%; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #003A66"><B>Africa</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; width: 5%; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #003A66"><B>Total
    Group</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; width: 7%; border-left: #B6B6B6 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #003A66"><B>Latin
    America</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; width: 5%; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #003A66"><B>Africa</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; width: 5%; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #003A66"><B>Total
    Group</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; width: 7%; border-left: #B6B6B6 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #003A66"><B>Latin
    America</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; width: 5%; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #003A66"><B>Africa</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; width: 5%; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #003A66"><B>Total
    Group</B></FONT></TD></TR>
  <TR STYLE="background-color: #EEF1F9">
    <TD STYLE="padding-right: 2pt; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #808285">Mobile</FONT><FONT STYLE="font-size: 8pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #808285">Over time</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #808285">1,346</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #808285">170</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #808285">1,516</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #B6B6B6 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #808285">1,282</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #808285">177</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #808285">1,459</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #B6B6B6 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #808285">453</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #808285">59</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #808285">511</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #B6B6B6 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #808285">421</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #808285">60</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #808285">481</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="padding-right: 2pt; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #808285">Mobile Financial Services</FONT><FONT STYLE="font-size: 8pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #808285">Point in time</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #808285">27</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #808285">87</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #808285">114</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #B6B6B6 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #808285">22</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #808285">86</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #808285">108</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #B6B6B6 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #808285">9</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #808285">26</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #808285">35</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #B6B6B6 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #808285">8</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #808285">32</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #808285">40</FONT></TD></TR>
  <TR STYLE="background-color: #EEF1F9">
    <TD STYLE="padding-right: 2pt; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #808285">Cable and other fixed services</FONT><FONT STYLE="font-size: 8pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #808285">Over time</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #808285">1,425</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #808285">7</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #808285">1,432</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #B6B6B6 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #808285">1,336</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #808285">6</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #808285">1,342</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #B6B6B6 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #808285">474</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #808285">2</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #808285">477</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #B6B6B6 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #808285">438</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #808285">2</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #808285">439</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="padding-right: 2pt; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #808285">Other</FONT><FONT STYLE="font-size: 8pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #808285">Over time</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #808285">44</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #808285">44</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #B6B6B6 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #808285">37</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #808285">1</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #808285">38</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #B6B6B6 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #808285">15</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #808285">15</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #B6B6B6 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #808285">13</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #808285">14</FONT></TD></TR>
  <TR STYLE="background-color: #EEF1F9">
    <TD STYLE="padding-right: 2pt; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #003A66"><B>Service Revenue</B></FONT><B><FONT STYLE="font-size: 8pt">&#9;</FONT></B></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #003A66"><B>2,842</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #003A66"><B>264</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #003A66"><B>3,107</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #B6B6B6 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #003A66"><B>2,678</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #003A66"><B>269</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #003A66"><B>2,947</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #B6B6B6 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #003A66"><B>951</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #003A66"><B>87</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #003A66"><B>1,038</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #B6B6B6 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #003A66"><B>881</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #003A66"><B>94</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #003A66"><B>974</B></FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="padding-right: 2pt; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #808285">Telephone and equipment</FONT><FONT STYLE="font-size: 8pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #808285">Point in time</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #808285">164</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #808285">164</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #B6B6B6 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #808285">136</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #808285">136</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #B6B6B6 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #808285">55</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #808285">55</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #B6B6B6 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #808285">51</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #808285">51</FONT></TD></TR>
  <TR STYLE="background-color: #EEF1F9">
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #003A66"><B>Revenue
    from contracts with customers</B></FONT><B><FONT STYLE="font-size: 8pt">&#9;</FONT></B></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; border-bottom: #A7A7A7 1pt solid; padding-left: 2pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #003A66"><B>3,006</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #003A66"><B>264</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #003A66"><B>3,270</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; border-left: #B6B6B6 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #003A66"><B>2,814</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #003A66"><B>269</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #003A66"><B>3,083</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; border-left: #B6B6B6 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #003A66"><B>1,006</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #003A66"><B>87</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #003A66"><B>1,093</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; border-left: #B6B6B6 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #003A66"><B>932</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #003A66"><B>94</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt; color: #003A66"><B>1,026</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #003A66">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #003A66"><B>5. OTHER NON-OPERATING (EXPENSES) INCOME, NET</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #003A66">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">The Group&rsquo;s other non-operating (expenses) income,
net comprised the following:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; width: 49%; border-top: #A7A7A7 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>in millions of U.S. dollars</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; width: 13%; border-top: #A7A7A7 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Nine months ended September 30, 2021</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; width: 13%; border-top: #A7A7A7 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Nine months ended September 30, 2020 </B></FONT></TD>
    <TD STYLE="padding-right: 2pt; width: 13%; border-top: #A7A7A7 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Three months ended September 30, 2021 </B></FONT></TD>
    <TD STYLE="padding-right: 2pt; width: 12%; border-top: #A7A7A7 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Three months ended September 30, 2020</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #EEF1F9">
    <TD STYLE="padding-right: 2pt; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Change in fair value of derivatives (Note 13)</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">2</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(5)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">1</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Change in fair value in investment in Jumia (Note 14)</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(18)</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #EEF1F9">
    <TD STYLE="padding-right: 2pt; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Change in fair value in investment in Helios Towers (Note 14)</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">18</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(22)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">23</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="padding-right: 2pt; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Change in value of call option and put option liability (Note 13)</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(26)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">8</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD></TR>
  <TR STYLE="background-color: #EEF1F9">
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Exchange gains (losses), net</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(35)</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(113)</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(21)</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(34)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="padding-right: 2pt; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Other non-operating income (expenses), net</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">2</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">2</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">1</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #EEF1F9">
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Total</B></FONT><B><FONT STYLE="font-size: 10pt">&#9;</FONT></B></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>(37)</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>(147)</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: gray 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>(20)</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: gray 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>(10)</B></FONT></TD></TR>
  </TABLE>

<!-- Field: Page; Sequence: 16 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; text-align: right; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->16<!-- Field: /Sequence -->&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="text-align: left; padding: 8pt; background-color: rgb(0,25,60); width: 85%; vertical-align: middle"><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; color: white; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-indent: 0in">Unaudited Interim Condensed Consolidated Financial Statements</P><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 11.25pt; color: white"></P><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; color: white; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-indent: 0in">for the three- and nine-month periods ended September 30, 2021</P></TD><TD STYLE="padding: 8pt 20pt 8pt 8pt; text-align: right; background-color: rgb(0,25,60); width: 15%">&nbsp;<IMG SRC="millicom.jpg" ALT=""></TD></TR></TABLE><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #003A66"><B>6. EARNINGS PER COMMON SHARE</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #003A66">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">Earnings per common share (EPS) attributable to owners
of the Company are comprised as follows:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; width: 52%; border-top: #A7A7A7 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>in millions of U.S. dollars</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; width: 12%; border-top: #A7A7A7 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Nine months ended September 30, 2021</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; width: 12%; border-top: #A7A7A7 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Nine months ended September 30, 2020</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; width: 12%; border-top: gray 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Three months ended September 30, 2021</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; width: 12%; border-top: gray 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Three months ended September 30, 2020</B></FONT></TD></TR>
  <TR STYLE="background-color: #EEF1F9">
    <TD STYLE="padding-right: 2pt; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Basic and Diluted</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt">&nbsp;</TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="padding-right: 2pt; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Net profit (loss) attributable to equity holders from continuing operations </FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(52)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(279)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">5</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(43)</FONT></TD></TR>
  <TR STYLE="background-color: #EEF1F9">
    <TD STYLE="padding-right: 2pt; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Net profit (loss) attributable to equity holders from discontinued operations </FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(9)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(8)</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Net profit/(loss)&nbsp;&nbsp;attributable to all equity holders to determine the basic earnings (loss)&nbsp;&nbsp;per share </FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(53)</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(288)</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">5</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(51)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #EEF1F9">
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; padding-left: 2pt">&nbsp;</TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="padding-right: 2pt; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>in thousands</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt">&nbsp;</TD></TR>
  <TR STYLE="background-color: #EEF1F9">
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Weighted average number of ordinary shares for basic and diluted earnings per share </FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">101,408</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">101,158</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">101,348</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">101,201</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="padding-right: 2pt; border-bottom: gray 1pt solid; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; border-bottom: gray 1pt solid; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; border-bottom: gray 1pt solid; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; border-bottom: gray 1pt solid; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; border-bottom: gray 1pt solid; padding-left: 2pt">&nbsp;</TD></TR>
  <TR STYLE="background-color: #EEF1F9">
    <TD STYLE="padding-right: 2pt; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>in U.S. dollars</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt">&nbsp;</TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="padding-right: 2pt; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Basic and diluted</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt">&nbsp;</TD></TR>
  <TR STYLE="background-color: #EEF1F9">
    <TD STYLE="padding-right: 2pt; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">EPS from continuing operations attributable to owners of the Company </FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(0.52)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(2.76)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">0.05</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(0.42)</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="padding-right: 2pt; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">EPS from discontinued operations attributable to owners of the Company </FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(0.09)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(0.08)</FONT></TD></TR>
  <TR STYLE="background-color: #EEF1F9">
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">EPS for the period attributable to owners of the Company </FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(0.52)</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(2.85)</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">0.05</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #A7A7A7 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(0.50)</FONT></TD></TR>
  </TABLE>

<!-- Field: Page; Sequence: 17 -->
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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="text-align: left; padding: 8pt; background-color: rgb(0,25,60); width: 85%; vertical-align: middle"><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; color: white; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-indent: 0in">Unaudited Interim Condensed Consolidated Financial Statements</P><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 11.25pt; color: white"></P><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; color: white; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-indent: 0in">for the three- and nine-month periods ended September 30, 2021</P></TD><TD STYLE="padding: 8pt 20pt 8pt 8pt; text-align: right; background-color: rgb(0,25,60); width: 15%">&nbsp;<IMG SRC="millicom.jpg" ALT=""></TD></TR></TABLE><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt">&nbsp;</P></DIV>
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<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #003A66"><B>7. INVESTMENTS IN JOINT VENTURES</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #003A66">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">Joint ventures are businesses over which Millicom exercises
joint control as decisions over the relevant activities of each, such as the ability to upstream cash from the joint ventures, require
unanimous consent of shareholders. Millicom determines the existence of joint control by reference to joint venture agreements, articles
of association, structures and voting protocols of the board of directors of those ventures.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">At September 30, 2021, the carrying value of the Group's
investment in AirtelTigo Ghana joint venture is zero and is therefore not shown in the table below (see note 15 for further details on
the disposal of our stake in the AirtelTigo joint venture in Ghana).</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">At September 30, 2021, the equity accounted net assets
of Millicom's joint ventures in Guatemala and Honduras totaled $2,992 million (December 31, 2020: $3,072 million). These net assets do
not necessarily represent statutory reserves available for distribution as these include consolidation adjustments (such as goodwill and
previously unrecognized assets and assumed liabilities recognized as part of the purchase accounting). Out of a total reserve of $297
million (December 31, 2020: $278 million), $164 million (December 31, 2020: $153 million) represent statutory reserves that are unavailable
to be distributed to the Group. During the nine-month period ended September 30, 2021, Millicom&rsquo;s joint ventures paid $13 million
(December 31, 2020: $71 million) as dividends or dividend advances to the Company.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD ROWSPAN="2" STYLE="vertical-align: bottom; border-top: #A7A7A7 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>in millions of U.S. dollars</B></FONT></TD>
    <TD COLSPAN="4" STYLE="vertical-align: top; border-top: #A7A7A7 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>2021</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Guatemala(i)</B></FONT></TD>
    <TD COLSPAN="2" STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Honduras (i)</B></FONT></TD></TR>
  <TR STYLE="background-color: #EEF1F9">
    <TD STYLE="vertical-align: bottom; width: 71%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Opening Balance at January 1, 2020</B></FONT><B><FONT STYLE="font-size: 10pt">&#9;</FONT></B></TD>
    <TD STYLE="vertical-align: top; width: 13%; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>2,031&nbsp;</B></FONT></TD>
    <TD STYLE="vertical-align: top; width: 1%; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 14%; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>610&nbsp;</B></FONT></TD>
    <TD STYLE="vertical-align: top; width: 1%; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="vertical-align: bottom"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Results for the period</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">164&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">21&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: #EEF1F9">
    <TD STYLE="vertical-align: bottom"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Dividends declared during the period</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(201)</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(34)</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="vertical-align: bottom"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Currency exchange differences</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">3&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">1&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: #EEF1F9">
    <TD STYLE="vertical-align: bottom; border-bottom: #A7A7A7 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Closing Balance at September 30, 2021</B></FONT><B><FONT STYLE="font-size: 10pt">&#9;</FONT></B></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #A7A7A7 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>1,998&nbsp;</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: #A7A7A7 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: #A7A7A7 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>598&nbsp;</B></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: #A7A7A7 1pt solid; text-align: right">&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285"><I>(i) Share of profit is recognized under &lsquo;Share
of profit in the joint ventures in Guatemala and Honduras&rsquo; in the statement of income. </I></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #003A66"><B>8. PROPERTY, PLANT AND EQUIPMENT</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #003A66">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">During the nine-month period ended September 30, 2021,
Millicom added property, plant and equipment for $450 million (September 30, 2020: $388 million) and received $6 million from disposal
of property, plant and equipment (September 30, 2020: $6 million).</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #003A66"><B>9. INTANGIBLE ASSETS</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #003A66">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">During the nine-month period ended September 30, 2021,
Millicom added intangible assets for $98 million of which $10 million related to spectrum and licenses, and $89 million to additions of
other intangible assets (September 30, 2020: $497 million out of which $427 million related to spectrum and licenses and $70 million to
additions of intangible assets) and did not receive any proceeds from disposal of intangible assets (September 30, 2020: nil).</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">&nbsp;</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="text-align: left; padding: 8pt; background-color: rgb(0,25,60); width: 85%; vertical-align: middle"><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; color: white; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-indent: 0in">Unaudited Interim Condensed Consolidated Financial Statements</P><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 11.25pt; color: white"></P><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; color: white; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-indent: 0in">for the three- and nine-month periods ended September 30, 2021</P></TD><TD STYLE="padding: 8pt 20pt 8pt 8pt; text-align: right; background-color: rgb(0,25,60); width: 15%">&nbsp;<IMG SRC="millicom.jpg" ALT=""></TD></TR></TABLE><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt">&nbsp;</P></DIV>
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<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #003A66"><B>10. FINANCIAL OBLIGATIONS</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #003A66">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285"><B><I>A. Debt and financing</I></B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">The most significant movements in debt and financing
for the nine-month period ended September 30, 2021 were as follows:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285"><B>Luxembourg</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">On September 22, 2021, Millicom announced the early
participation exchange results from its offer dated September 8, 2021; $302.1 million of the 6.625% Notes due 2026 were exchanged for
$307.5 million of the 4.5% Notes due 2031 (at 101.812% exchange ratio). The gain of $15 million, derived from applying the &quot;modification
accounting&quot; under IFRS 9 to this exchange, has been recorded under &quot;Interest and other financial income&quot; in the statement
of income during the nine-month period ended September 30, 2021. Transaction costs attributable to this exchange amount to approximately
$4 million.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">On February 22, 2021, Millicom redeemed 10% of the principal
outstanding of its Notes due 2026, 2028 and 2029 at a price of 103%. This redemption followed Millicom&rsquo;s announcement dated February
11, 2021. Total consideration of approximately $180&nbsp;million was funded from cash, consistent with the Company's decision to prioritize
debt reduction. The redemption premium of $5 million and the accelerated amortization of the upfront costs of $3 million, have been recorded
in the line &quot;Interest and other financial expenses&quot; in the statement of income during the nine-month period ended September
30, 2021.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285"><B>Colombia</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">On February 16, 2021, UNE EPM Telecomunicaciones S.A.
issued under the approved local bond program, a COP 485,680 million bond (approximately $138 million using the transaction date exchange
rate) with 3 maturities; Series 7 years at 5.56% fixed rate, Series 10 years at CPI plus 2.61% and Series 15 years at CPI plus 3.18% margin.
With the aim to improve UNE&rsquo;s natural hedge against local currency, the bond proceeds were used on March 26, 2021 to partially repay
50% of the $300 million syndicated loan of Colombia Movil S.A. (originally due in December 2024).</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285"><B>Panama</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">In November 2020, Cable Onda executed an agreement with
Bank of Nova Scotia for $110 million, which were disbursed in two tranches. The first tranche of $85 million was disbursed in December
2020, and on March 1, 2021 the second and final tranche ($25 million) was disbursed to Cable Onda.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">On August 31, 2021, Cable Onda executed an agreement
with Bank of Scotia for $75 million at 3.5% fixed rate. The facility was used to repay Cable Onda's remaining $75 million under the 5.75%
local bond, which was initially due on September 3, 2025.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285"><B>El Salvador</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">On July 1, 2021 Telemovil El Salvador S.A. repaid the
remaining outstanding balance of $18 million of principal under a credit facility dated June 3, 2016 entered into with Citibank, as lender,
and the Company as guarantor.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285"><I>Analysis of debt and financing by maturity</I></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">The total amount of debt and financing is repayable
as follows:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">&nbsp;</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="text-align: left; padding: 8pt; background-color: rgb(0,25,60); width: 85%; vertical-align: middle"><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; color: white; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-indent: 0in">Unaudited Interim Condensed Consolidated Financial Statements</P><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 11.25pt; color: white"></P><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; color: white; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-indent: 0in">for the three- and nine-month periods ended September 30, 2021</P></TD><TD STYLE="padding: 8pt 20pt 8pt 8pt; text-align: right; background-color: rgb(0,25,60); width: 15%">&nbsp;<IMG SRC="millicom.jpg" ALT=""></TD></TR></TABLE><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt">&nbsp;</P></DIV>
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<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="border-top: gray 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>in millions of U.S. dollars</B></FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; border-top: gray 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>As at September 30, 2021</B></FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; border-top: gray 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>December 31, 2020</B></FONT></TD></TR>
  <TR STYLE="background-color: #EEF1F9">
    <TD STYLE="vertical-align: bottom"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Due within:</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; text-align: right">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="vertical-align: bottom; width: 66%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">One year</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="width: 16%; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">95&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 16%; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">113&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: #EEF1F9">
    <TD STYLE="vertical-align: bottom"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">One-two years</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">377&nbsp;</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">107&nbsp;</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="vertical-align: bottom"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Two-three years</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">505&nbsp;</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">439&nbsp;</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: #EEF1F9">
    <TD STYLE="vertical-align: bottom"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Three-four years</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">445&nbsp;</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">811&nbsp;</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="vertical-align: bottom"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Four-five years</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">310&nbsp;</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">467&nbsp;</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: #EEF1F9">
    <TD STYLE="vertical-align: bottom"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">After five years</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">3,534&nbsp;</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">3,755&nbsp;</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="vertical-align: bottom; border-bottom: gray 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Total debt and financing</B></FONT><B><FONT STYLE="font-size: 10pt">&#9;</FONT></B></TD>
    <TD STYLE="border-bottom: gray 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>5,267&nbsp;</B></FONT></TD>
    <TD STYLE="border-bottom: gray 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: gray 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>5,691&nbsp;</B></FONT></TD>
    <TD STYLE="border-bottom: gray 1pt solid; text-align: right">&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">As at September 30, 2021, the Group's share of total
debt and financing secured by either pledged assets, pledged deposits issued to cover letters of credit or guarantees was $299 million
(December 31, 2020: $287 million).</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">The table below describes the outstanding and maximum
exposure under guarantees and the remaining terms of the guarantees as at September 30, 2021 and December 31, 2020.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 4pt; border-top: #A7A7A7 1pt solid; padding-left: 4pt">&nbsp;</TD>
    <TD COLSPAN="4" STYLE="padding-right: 4pt; border-top: #A7A7A7 1pt solid; text-align: center; padding-left: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Bank and financing guarantees (i)</B></FONT></TD>
    <TD COLSPAN="4" STYLE="padding-right: 4pt; border-top: #A7A7A7 1pt solid; text-align: center; padding-left: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Supplier's guarantees</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="padding-right: 4pt; padding-left: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>in millions of U.S. dollars</B></FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 4pt; text-align: center; padding-left: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>As at September 30, 2021</B></FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 4pt; text-align: center; padding-left: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>As at December 31, 2020</B></FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 4pt; text-align: center; padding-left: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>As at September 30, 2021</B></FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 4pt; text-align: center; padding-left: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>As at December 31, 2020</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 4pt; vertical-align: bottom; padding-left: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Terms</B></FONT></TD>
    <TD COLSPAN="4" STYLE="padding-right: 4pt; text-align: center; padding-left: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Outstanding and Maximum exposure</B></FONT></TD>
    <TD COLSPAN="4" STYLE="padding-right: 4pt; text-align: center; padding-left: 4pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Outstanding and Maximum exposure</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #EEF1F9">
    <TD STYLE="width: 22%; padding-left: 6.75pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">0-1&nbsp;year</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="width: 17%; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">74&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 19%; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">59&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 19%; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">51&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 19%; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="vertical-align: bottom; padding-left: 6.75pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">1-3&nbsp;years</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">225&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">227&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: #EEF1F9">
    <TD STYLE="vertical-align: bottom; padding-left: 6.75pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">3-5&nbsp;years</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="vertical-align: bottom; padding-left: 6.75pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">More than 5&nbsp;years</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>&mdash;&nbsp;</B></FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>&mdash;&nbsp;</B></FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>&mdash;&nbsp;</B></FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>&mdash;&nbsp;</B></FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #EEF1F9">
    <TD STYLE="border-bottom: #A7A7A7 1pt solid; padding-left: 6.75pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Total</B></FONT><B><FONT STYLE="font-size: 10pt">&#9;</FONT></B></TD>
    <TD STYLE="border-bottom: #A7A7A7 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>299&nbsp;</B></FONT></TD>
    <TD STYLE="border-bottom: #A7A7A7 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #A7A7A7 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>287&nbsp;</B></FONT></TD>
    <TD STYLE="border-bottom: #A7A7A7 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #A7A7A7 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>51&nbsp;</B></FONT></TD>
    <TD STYLE="border-bottom: #A7A7A7 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #A7A7A7 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>&mdash;&nbsp;</B></FONT></TD>
    <TD STYLE="border-bottom: #A7A7A7 1pt solid; text-align: right">&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285"><I>(i) If non-payment by the obligor, the guarantee
ensures payment of outstanding amounts by the Group's guarantor.</I></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">The Group&rsquo;s interest and other financial expenses
comprised the following:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom; border-top: #A7A7A7 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>in millions of U.S. dollars</B></FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; border-top: #A7A7A7 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Nine months ended September 30, 2021</B></FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; border-top: #A7A7A7 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Nine months ended September 30, 2020</B></FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; border-top: gray 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Three months ended September 30, 2021</B></FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; border-top: gray 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Three months ended September 30, 2020</B></FONT></TD></TR>
  <TR STYLE="background-color: #EEF1F9">
    <TD STYLE="vertical-align: bottom; width: 40%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Interest expense on bonds and bank financing</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="vertical-align: top; width: 14%; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(247)</FONT></TD>
    <TD STYLE="vertical-align: top; width: 1%; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 14%; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(288)</FONT></TD>
    <TD STYLE="vertical-align: top; width: 1%; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 14%; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(80)</FONT></TD>
    <TD STYLE="vertical-align: top; width: 1%; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 14%; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(93)</FONT></TD>
    <TD STYLE="vertical-align: top; width: 1%; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="vertical-align: bottom"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Interest expense on leases</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(94)</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(117)</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(19)</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(39)</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: #EEF1F9">
    <TD STYLE="vertical-align: bottom"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Early redemption charges</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(5)</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="vertical-align: bottom"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Others</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(42)</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(52)</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(13)</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(9)</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #EEF1F9">
    <TD STYLE="border-bottom: #A7A7A7 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Total interest and other financial expenses</B></FONT><B><FONT STYLE="font-size: 10pt">&#9;</FONT></B></TD>
    <TD STYLE="border-bottom: #A7A7A7 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>(389)</B></FONT></TD>
    <TD STYLE="border-bottom: #A7A7A7 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #A7A7A7 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>(457)</B></FONT></TD>
    <TD STYLE="border-bottom: #A7A7A7 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #A7A7A7 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>(112)</B></FONT></TD>
    <TD STYLE="border-bottom: #A7A7A7 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #A7A7A7 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>(141)</B></FONT></TD>
    <TD STYLE="border-bottom: #A7A7A7 1pt solid; text-align: right">&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #003A66">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #003A66"><B>11. COMMITMENTS AND CONTINGENCIES</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #003A66">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285"><B><I>Litigation &amp; claims</I></B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">The Company and its operations are contingently liable
with respect to lawsuits, legal, regulatory, commercial and other legal risks that arise in the normal course of business. As of September
30, 2021, the total amount of claims brought against Millicom and its subsidiaries is $244 million (December 31, 2020: $288 million).
The Group's share of the comparable exposure for joint ventures is $8 million (December 31, 2020: $14 million).</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">As at September 30, 2021, $42 million has been provisioned
by its subsidiaries for these risks in the consolidated statement of financial position (December 31, 2020: $45 million). The Group's
share of provisions made by the joint ventures was </P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">&nbsp;</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="text-align: left; padding: 8pt; background-color: rgb(0,25,60); width: 85%; vertical-align: middle"><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; color: white; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-indent: 0in">Unaudited Interim Condensed Consolidated Financial Statements</P><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 11.25pt; color: white"></P><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; color: white; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-indent: 0in">for the three- and nine-month periods ended September 30, 2021</P></TD><TD STYLE="padding: 8pt 20pt 8pt 8pt; text-align: right; background-color: rgb(0,25,60); width: 15%">&nbsp;<IMG SRC="millicom.jpg" ALT=""></TD></TR></TABLE><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">$1 million (December 31, 2020: $3 million). While
it is not possible to ascertain the ultimate legal and financial liability with respect to these claims and risks, the ultimate
outcome is not anticipated to have a material effect on the Group&rsquo;s financial position and operations.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285"><B><I>Taxation</I></B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">At September 30, 2021, the tax risks exposure of the
Group's subsidiaries is estimated at $274 million, for which provisions of $47 million have been recorded in tax liabilities; representing
the probable amount of eventual claims and required payments related to those risks (December 31, 2020: $339 million of which provisions
of $77 million were recorded). The Group's share of comparable tax exposure and provisions in its joint ventures amounts to $83 million
(December 31, 2020: $69 million) and $7 million (December 31, 2020: $7 million), respectively. During the third quarter of 2021, due to
tax audit closure in Tanzania, the Group has released tax risk contingencies amounting to $26 million which were considered as 'possible'
and has also recorded the reversal of a $30 million provision for claims no longer deemed as 'probable'.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285"><B><I>Capital commitments</I></B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">At September 30, 2021, the Company and its subsidiaries
had fixed commitments to purchase network equipment, other fixed assets and intangible assets of $747 million of which $528 million are
due within one year (December 31, 2020: $564 million of which $400 million are due within one year). The Group&rsquo;s share of commitments
in the joint ventures is $92 million and $85 million. (December 31, 2020: $69 million and $52 million).</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">&nbsp;</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="text-align: left; padding: 8pt; background-color: rgb(0,25,60); width: 85%; vertical-align: middle"><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; color: white; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-indent: 0in">Unaudited Interim Condensed Consolidated Financial Statements</P><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 11.25pt; color: white"></P><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; color: white; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-indent: 0in">for the three- and nine-month periods ended September 30, 2021</P></TD><TD STYLE="padding: 8pt 20pt 8pt 8pt; text-align: right; background-color: rgb(0,25,60); width: 15%">&nbsp;<IMG SRC="millicom.jpg" ALT=""></TD></TR></TABLE><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #003A66"><B>12. RELATED PARTY TRANSACTIONS</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #003A66">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">The following transactions were conducted with related
parties:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom; border-top: #A7A7A7 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>in millions of U.S. dollars</B></FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; border-top: #A7A7A7 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Nine months ended September 30, 2021</B></FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; border-top: #A7A7A7 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Nine months ended September 30, 2020</B></FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; border-top: gray 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Three months ended September 30, 2021</B></FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; border-top: gray 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Three months ended September 30, 2020</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Expenses</B></FONT></TD>
    <TD COLSPAN="2">&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
  <TR STYLE="background-color: #EEF1F9">
    <TD STYLE="vertical-align: bottom; width: 48%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Purchases of goods and services from Miffin</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="width: 12%; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(150)</FONT></TD>
    <TD STYLE="width: 1%; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 12%; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(157)</FONT></TD>
    <TD STYLE="width: 1%; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 12%; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(50)</FONT></TD>
    <TD STYLE="width: 1%; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 12%; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(53)</FONT></TD>
    <TD STYLE="width: 1%; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="vertical-align: bottom"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Purchases of goods and services from EPM</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(29)</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(27)</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(10)</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(8)</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: #EEF1F9">
    <TD STYLE="vertical-align: bottom"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Other expenses</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(15)</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(11)</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(5)</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">(5)</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="vertical-align: bottom; border-bottom: #A7A7A7 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Total</B></FONT><B><FONT STYLE="font-size: 10pt">&#9;</FONT></B></TD>
    <TD STYLE="border-bottom: #A7A7A7 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>(194)</B></FONT></TD>
    <TD STYLE="border-bottom: #A7A7A7 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #A7A7A7 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>(194)</B></FONT></TD>
    <TD STYLE="border-bottom: #A7A7A7 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: gray 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>(65)</B></FONT></TD>
    <TD STYLE="border-bottom: gray 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: gray 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>(66)</B></FONT></TD>
    <TD STYLE="border-bottom: gray 1pt solid; text-align: right">&nbsp;</TD></TR>
  </TABLE>
<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom; border-top: #A7A7A7 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>in millions of U.S. dollars</B></FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; border-top: #A7A7A7 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Nine months ended September 30, 2021</B></FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; border-top: #A7A7A7 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Nine months ended September 30, 2020</B></FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; border-top: gray 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Three months ended September 30, 2021</B></FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; border-top: gray 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Three months ended September 30, 2020</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Income / gains</B></FONT></TD>
    <TD COLSPAN="2">&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #EEF1F9">
    <TD STYLE="width: 49%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Sale of goods and services to Miffin</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="width: 12%; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">268&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 11%; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">237&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 12%; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">90&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 12%; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">82&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Sale of goods and services to EPM</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">11&nbsp;</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">11&nbsp;</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">3&nbsp;</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">4&nbsp;</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #EEF1F9">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Other income / gains</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">2&nbsp;</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">2&nbsp;</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">1&nbsp;</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">1&nbsp;</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD STYLE="border-bottom: #A7A7A7 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Total</B></FONT><B><FONT STYLE="font-size: 10pt">&#9;</FONT></B></TD>
    <TD STYLE="border-bottom: #A7A7A7 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>280&nbsp;</B></FONT></TD>
    <TD STYLE="border-bottom: #A7A7A7 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: #A7A7A7 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>249&nbsp;</B></FONT></TD>
    <TD STYLE="border-bottom: #A7A7A7 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: gray 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>95&nbsp;</B></FONT></TD>
    <TD STYLE="border-bottom: gray 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: gray 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>86&nbsp;</B></FONT></TD>
    <TD STYLE="border-bottom: gray 1pt solid; text-align: right">&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">The Group had the following balances with related parties:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom; border-top: #A7A7A7 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>in millions of U.S. dollars</B></FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; border-top: #A7A7A7 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>As at September 30, 2021</B></FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; border-top: #A7A7A7 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>As at December 31, 2020</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Liabilities</B></FONT></TD>
    <TD COLSPAN="2">&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #EEF1F9">
    <TD STYLE="width: 70%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Payables to Guatemala joint venture(i)</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="width: 13%; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">46&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 15%; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">231&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Payables to Honduras joint venture(ii)</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">70&nbsp;</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">103&nbsp;</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #EEF1F9">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Payables to AirtelTigo Ghana(iii)</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">33&nbsp;</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">&mdash;&nbsp;</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Payables to EPM</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">14&nbsp;</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">20&nbsp;</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #EEF1F9">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Payables to Panama non-controlling interests</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">1&nbsp;</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">1&nbsp;</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Other accounts payable</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">1&nbsp;</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">1&nbsp;</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: #EEF1F9">
    <TD STYLE="vertical-align: bottom; border-bottom: #A7A7A7 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Total</B></FONT><B><FONT STYLE="font-size: 10pt">&#9;</FONT></B></TD>
    <TD STYLE="vertical-align: top; border-bottom: #A7A7A7 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>164&nbsp;</B></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: #A7A7A7 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: #A7A7A7 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>356&nbsp;</B></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: #A7A7A7 1pt solid; text-align: right">&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; color: #808285"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in; text-align: left"><I>(i)</I></TD><TD><I>Interest bearing shareholder loans of which $1 million are
due after more than one year.</I></TD>
</TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; color: #808285"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in; text-align: left"><I>(ii)</I></TD><TD><I>Mainly advances for dividends expected to be declared in
2021</I></TD>
</TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; color: #808285"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><I>(iii)</I></TD><TD><I>As of September 30, 2021, $32.5 million, out of a total commitment of $37.5 million, remain outstanding as a result of the transfer
of shares of AirtelTigo Ghana to the Government of Ghana (see note 16). The total commitment has been provided for in the statement of
income under &quot;Profit (loss) from other joint ventures and associates, net&quot;.</I></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>


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    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; text-align: right; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->22<!-- Field: /Sequence -->&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="text-align: left; padding: 8pt; background-color: rgb(0,25,60); width: 85%; vertical-align: middle"><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; color: white; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-indent: 0in">Unaudited Interim Condensed Consolidated Financial Statements</P><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 11.25pt; color: white"></P><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; color: white; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-indent: 0in">for the three- and nine-month periods ended September 30, 2021</P></TD><TD STYLE="padding: 8pt 20pt 8pt 8pt; text-align: right; background-color: rgb(0,25,60); width: 15%">&nbsp;<IMG SRC="millicom.jpg" ALT=""></TD></TR></TABLE><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #003A66"><B>12. RELATED PARTY TRANSACTIONS (Continued)</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #003A66">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom; border-top: #A7A7A7 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>in millions of U.S. dollars</B></FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; border-top: #A7A7A7 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>As at September 30, 2021</B></FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; border-top: #A7A7A7 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>As at December 31, 2020</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Assets</B></FONT></TD>
    <TD COLSPAN="2">&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #EEF1F9">
    <TD STYLE="width: 65%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Receivables from Guatemala joint venture (i)</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="width: 16%; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">13&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 17%; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">206&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Receivables from Honduras joint venture</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">63&nbsp;</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">84&nbsp;</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #EEF1F9">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Receivables from EPM</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">3&nbsp;</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">3&nbsp;</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Receivables from Panama non-controlling interests</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">2&nbsp;</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">1&nbsp;</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #EEF1F9">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Other accounts receivable</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">5&nbsp;</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">5&nbsp;</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="vertical-align: bottom; border-bottom: #A7A7A7 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Total</B></FONT><B><FONT STYLE="font-size: 10pt">&#9;</FONT></B></TD>
    <TD STYLE="vertical-align: top; border-bottom: #A7A7A7 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>85&nbsp;</B></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: #A7A7A7 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="vertical-align: top; border-bottom: #A7A7A7 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>299&nbsp;</B></FONT></TD>
    <TD STYLE="vertical-align: top; border-bottom: #A7A7A7 1pt solid; text-align: right">&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285"><I>(i) As of September 30, 2021, the Guatemala joint
venture has prepaid the entire $193 million Millicom's shareholder loan granted in October 2020 and originally repayable by January 13,
2022, at the latest. </I></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #003A66"><B>13. FINANCIAL INSTRUMENTS</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #003A66">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">Other than the items disclosed below, the fair values
of financial assets and financial liabilities approximate their carrying values as at September 30, 2021 and December 31, 2020:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: bottom; border-top: #A7A7A7 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>in millions of U.S. dollars</B></FONT></TD>
    <TD COLSPAN="4" STYLE="vertical-align: top; border-top: #A7A7A7 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Carrying value</B></FONT></TD>
    <TD COLSPAN="4" STYLE="vertical-align: bottom; border-top: #A7A7A7 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Fair value</B></FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; border-top: gray 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>As at September 30, 2021</B></FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; border-top: gray 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>As at December 31, 2020</B></FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; border-top: gray 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>As at September 30, 2021</B></FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: top; border-top: gray 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>As at December 31, 2020</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: #EEF1F9">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #003A66"><B>Financial liabilities</B></FONT></TD>
    <TD COLSPAN="2">&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="vertical-align: bottom; width: 40%; border-bottom: #A7A7A7 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Debt and financing</FONT><FONT STYLE="font-size: 10pt">&#9;</FONT></TD>
    <TD STYLE="width: 14%; border-bottom: #A7A7A7 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">5,267&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; border-bottom: #A7A7A7 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 14%; border-bottom: #A7A7A7 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">5,691&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; border-bottom: #A7A7A7 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 14%; border-bottom: #A7A7A7 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">5,457&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; border-bottom: #A7A7A7 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="width: 14%; border-bottom: #A7A7A7 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">5,572&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; border-bottom: #A7A7A7 1pt solid; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0in; color: #808285"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; color: #808285"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in; text-align: left"><I>(i)</I></TD><TD><I>Fair values are measured with reference to Level 1 (for listed
bonds) or 2.</I></TD>
</TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0in; color: #808285">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285"><B><I>Derivative financial instruments</I></B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285"><I>Currency and interest rate swap contracts </I></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">MIC S.A. entered into swap contracts in order to hedge
the foreign currency and interest rate risks in relation to the SEK 2 billion (approximately $228 million) senior unsecured sustainability
bond issued in May 2019. These swaps are accounted for as cash flow hedges as the timing and amounts of the cash flows under the swap
agreements match the cash flows under the SEK bond. Their maturity date is May 2024. The hedging relationship is highly effective and
related fluctuations are recorded through other comprehensive income. At September 30, 2021, the fair values of the swaps amount to an
asset of $10 million (December 31, 2020: an asset of $23 million).</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">Colombia, El Salvador and Costa Rica operations have
also entered into several swap agreements in order to hedge foreign currency and interest rate risks on certain long term debts. These
swaps are accounted for as cash flow hedges and related fair value changes are recorded through other comprehensive income. At September
30, 2021, the fair value of El Salvador amount to a liability of $2 million (December 31, 2020: a liability of $3 million), Costa Rica
swaps amount to a liability of $1 million and an asset of $1 million (December 31, 2020: liability of $5 million and an asset of $1 million)
and the fair value of Colombia swap amount to an asset of $10 million (December 31, 2020: a liability of $7 million).</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">Interest rate and currency swaps are measured with reference
to Level 2 of the fair value hierarchy.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">&nbsp;</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="text-align: left; padding: 8pt; background-color: rgb(0,25,60); width: 85%; vertical-align: middle"><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; color: white; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-indent: 0in">Unaudited Interim Condensed Consolidated Financial Statements</P><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 11.25pt; color: white"></P><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; color: white; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-indent: 0in">for the three- and nine-month periods ended September 30, 2021</P></TD><TD STYLE="padding: 8pt 20pt 8pt 8pt; text-align: right; background-color: rgb(0,25,60); width: 15%">&nbsp;<IMG SRC="millicom.jpg" ALT=""></TD></TR></TABLE><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt">&nbsp;</P></DIV>
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<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285"><B><I>Call and put options - Panama</I></B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">As of September 30, 2021, the put option liability is
valued at $285 million (December 31, 2020: $262 million) (being the higher of the value of the 'Transaction Price' put option and fair
market value - for further details refer to the Group's 2020 consolidated financial statements). Changes in the value of the put option
liability are recorded in the Group's statement of income under 'other non-operating (expenses) income, net' (see note 5).</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">The call option, having a strike price at initial Transaction
price +10% interest p.a (exercisable from June 14, 2022 to July 14, 2022), has been valued at $0.2 million</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">There are no other derivative financial instruments
with a significant fair value at September 30, 2021.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #003A66"><B>14. EQUITY INVESTMENTS</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #003A66">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">As at December 31, 2020, Millicom held an investment
in equity instruments of Helios Towers (&quot;HT&quot;) amounting to $160 million. The investment was measured at fair value through profit
and loss under IFRS 9 and changes were shown under 'Other non-operating (expenses) income, net' (see note 5).</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">In June 2021, Millicom disposed of its remaining 76
million shares it owned in HT for a total net consideration of GBP 115 million ($163 million), triggering a net loss on disposal of $15
million, recorded under &lsquo;other operating income (expenses), net&rsquo;. In total, starting June 2020, Millicom sold 162 million
shares it held in HT, yielding total proceeds of GBP 244 million ($383 million). Following these disposals, Millicom has no remaining
ownership in HT.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">In the course of June 2020, Millicom disposed of its
entire stake in Jumia (approximately 6%) for a total net consideration of $29 million, triggering a net gain on disposal of $15 million
recorded in the statement of income for the nine-month period ended September 30, 2020 under &lsquo;other operating income (expenses),
net&rsquo;.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #003A66"><B>15. MILLICOM&rsquo;S OPERATIONS IN TANZANIA</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #003A66">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285"><FONT STYLE="background-color: white"><B>Tanzania divestiture</B></FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285"><FONT STYLE="background-color: white">On April 19, 2021,
Millicom agreed to sell its entire operations in Tanzania to a consortium led by Axian, a pan-African group that was part of the consortium
that acquired Millicom&rsquo;s operations in Senegal in 2018. The Group is still awaiting the necessary regulatory approvals in order
to complete the disposal. </FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285"><FONT STYLE="background-color: white"><B>IPO &ndash;
Tanzania</B></FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">The Tanzanian government has implemented legislation
requiring telecommunications companies to list their shares on the Dar es Salaam Stock Exchange and offer 25% of their shares in a Tanzanian
public offering. The Group is currently seeking to reach an agreement with the Tanzanian government regarding the conditions of the IPO,
taking into account the proposed sale of Millicom's Tanzanian operation.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #003A66"><B>16. SUBSEQUENT EVENTS</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #003A66">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285"><B><I>Ghana's divestiture</I></B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">On October 13, 2021, Millicom, along with its joint
venture partner Bharti Airtel Limited, closed the disposal of AirtelTigo Ghana to the Government of Ghana. As part of the closing conditions,
each partner committed up to $37.5 million for the reimbursement of certain local bank facilities. As of September 30, 2021, $32.5 million
remain unpaid (see note 12).</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">&nbsp;</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="text-align: left; padding: 8pt; background-color: rgb(0,25,60); width: 85%; vertical-align: middle"><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; color: white; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-indent: 0in">Unaudited Interim Condensed Consolidated Financial Statements</P><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 11.25pt; color: white"></P><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; color: white; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-indent: 0in">for the three- and nine-month periods ended September 30, 2021</P></TD><TD STYLE="padding: 8pt 20pt 8pt 8pt; text-align: right; background-color: rgb(0,25,60); width: 15%">&nbsp;<IMG SRC="millicom.jpg" ALT=""></TD></TR></TABLE><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt">&nbsp;</P></DIV>
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<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285"><B><I>Financing</I></B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">On October 1, 2021, Telecel issued a PYG400,000 million
bond (approximately $58 million using September 30, 2021 exchange rate) in three series with fixed interest rates between 6% to 7.5% and
a repayment period from 5 to 10 years.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285"><FONT STYLE="background-color: white">On October 25,
2021, Millicom Cable Costa Rica S.A. repaid a $120 million syndicated loan which was initially due on 2023 with the proceeds of a new
loan, executed on October 22, 2021 which was disbursed on October 25, 2021 for an amount of $125 million. The latter has 2 tranches, a
USD $33 million tranche and a local currency tranche for an amount equivalent to US$92 million. Cross currency swaps used to hedge the
previous interest and principal on the previous loan were terminated. </FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #808285">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #808285">Finally, in October 2021, Tigo
Bolivia signed additional credit facilities for a total amount of approximately $26 million with a repayment period between 2.5 and 5
years.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #808285">&nbsp;</P>


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<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="text-align: right; margin: 0"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Item 2</B></FONT></P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="padding: 8pt; text-align: left; background-color: rgb(0,25,60); width: 84%; vertical-align: middle"><P STYLE="font: 18pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #CBF8FF"><B>Earnings Release</B></P>

<P STYLE="font: 18pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #CBF8FF"></P>

<P STYLE="font: 14pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #CBF8FF"><B>Q3 2021</B>&nbsp;</P>

</TD><TD STYLE="padding: 8pt 20pt 8pt 8pt; text-align: right; background-color: rgb(0,25,60); width: 16%">&nbsp;<IMG SRC="millicom.jpg" ALT=""></TD></TR></TABLE>
<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #000640">Luxembourg, October&nbsp;28, 2021</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #000640">&nbsp;</P>

<P STYLE="font: 14pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center; color: rgb(0,6,64)"><B>Broad-based growth continued
in Q3</B></P>

<P STYLE="font: 14pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center; color: #000640">&nbsp;</P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="color: rgb(0,6,64)"><B>Group highlights Q3 2021</B></FONT></P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><I>The financial highlights discussed and summarized in the table below
are presented on an IFRS basis and therefore do not include the fully consolidated results from our Guatemala and Honduras joint ventures.</I></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; color: #474747"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">&bull;</TD><TD>Revenue up 6.5% to $1,093 million, with most countries and all business lines showing positive growth.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; color: #474747"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">&bull;</TD><TD>Operating profit up 103.6%, due to the improved revenue performance and increased profitability in Guatemala.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; color: #474747"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">&bull;</TD><TD>Net profit of $5 million, $0.05 per share, an improvement from a net loss of $51 million in Q3 2020, reflects higher revenue generation,
lower amortization expense, and a significant reduction in net interest expense, the result of debt repayment over the past year.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; color: #474747"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">&bull;</TD><TD>Leverage declined, and we resumed shareholder remuneration via share repurchases.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top; background-color: #000640">
    <TD STYLE="padding-right: 2pt; width: 39%; border-top: black 1pt solid; border-left: black 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Financial highlights ($ millions)</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; width: 10%; border-top: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Q3 2021</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; width: 10%; border-top: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Q3 2020</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; width: 10%; border-top: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>% change</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; width: 10%; border-top: black 1pt solid; border-left: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>9M 2021</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; width: 10%; border-top: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>9M 2020</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; width: 11%; border-top: black 1pt solid; border-right: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>% change</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 2pt; vertical-align: top; border-left: black 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Revenue</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">1,093</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">1,026</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">6.5%</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">3,270</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">3,083</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-right: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">6.1%</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 2pt; vertical-align: top; border-left: black 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Operating Profit</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">197</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">97</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">103.6%</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">447</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">323</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-right: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">38.3%</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 2pt; vertical-align: top; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Net profit/(loss)</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">5</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(51)</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">NM</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: black 1pt solid; border-left: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(53)</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(288)</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-right: black 1pt solid; border-bottom: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(81.7)%</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #474747"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #474747">&nbsp;</P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #000640"><B>Latin America segment highlights<FONT STYLE="font-size: 12pt"><SUP>1</SUP></FONT>
&ndash; Q3 2021</B></P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #000640">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><I>Our Latin America (&ldquo;Latam&rdquo;) segment includes our Guatemala
and Honduras joint ventures as if they were fully consolidated. </I></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; color: #474747"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><B>&bull;</B></TD><TD>Service revenue up 8.2% compared to Q3 2020 and 0.6% compared to Q2 2021, marking a fifth consecutive quarter of sequential growth.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; color: #474747"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><B>&bull;</B></TD><TD>In Home, strong 88,000 HFC customer net additions drove service revenue growth of 13.3%, and HFC RGU growth of 15.5%.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; color: #474747"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><B>&bull;</B></TD><TD>Strong prepaid and postpaid net additions drove mobile results, including a second consecutive quarter of more than 200,000 postpaid
net additions in Colombia.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; color: #474747"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><B>&bull;</B></TD><TD>EBITDA grew 7.1% year-on-year, reflecting robust service revenue growth offset by growth related sales and marketing costs.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; color: #474747"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><B>&bull;</B></TD><TD>Capex was $287 million in Q3 2021 and $694 million in 9M 2021, up 19.0% year-on-year as we have accelerated network investment in
2021. We anticipate that our capex-to-sales ratio should reach approximately 18% in 2021 and return to the historical range of 16-17%
in 2022.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; color: #474747"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><B>&bull;</B></TD><TD>OCF was $335 million in Q3 2021 and $1,187 million in 9M 2021, up 4.1% year-on-year organically.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="background-color: #000640">
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; width: 28%; border-top: black 1pt solid; border-left: black 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Latam segment highlights ($ millions)</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; width: 9%; border-top: black 1pt solid; border-left: black 2.25pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Q3 2021</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; width: 9%; border-top: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Q3 2020</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; width: 9%; border-top: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B><I>% change</I></B></FONT></TD>
    <TD STYLE="padding-right: 2pt; width: 9%; border-top: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B><I>Organic % change</I></B></FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; width: 9%; border-top: black 1pt solid; border-left: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>9M 2021</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; width: 9%; border-top: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>9M 2020</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; width: 9%; border-top: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B><I>% change</I></B></FONT></TD>
    <TD STYLE="padding-right: 2pt; width: 9%; border-top: black 1pt solid; border-right: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B><I>Organic % change</I></B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 2pt; vertical-align: top; border-left: black 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Revenue</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">1,548</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">1,445</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">7.1%</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">7.4%</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">4,623</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">4,309</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">7.3%</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-right: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">7.5%</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 2pt; vertical-align: top; border-left: black 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Service Revenue</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">1,427</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">1,318</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">8.2%</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">8.5%</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">4,258</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">3,984</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">6.9%</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-right: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">7.1%</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 2pt; vertical-align: top; border-left: black 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">EBITDA</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000040">622</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000040">581</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">7.1%</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">7.4%</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000040">1,881</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000040">1,725</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000040">9.0%</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-right: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000040">9.0%</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 2pt; vertical-align: top; border-left: black 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">EBITDA Margin</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000040">40.2%</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000040">40.2%</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000040"><I>&mdash;</I></FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000040">40.7%</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000040">40.0%</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000040"><I>0.6 pt</I></FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; border-right: black 1pt solid; padding-left: 2pt">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding-right: 2pt; vertical-align: top; border-left: black 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Capex</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000040">287</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000040">220</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000040">30.7%</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000040">694</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000040">583</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">19.0%</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; border-right: black 1pt solid; padding-left: 2pt">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding-right: 2pt; vertical-align: top; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">OCF (EBITDA &ndash; Capex)</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; border-bottom: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000040">335</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; border-bottom: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000040">362</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; border-bottom: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000040">(7.3)%</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(6.1)%</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; border-bottom: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000040">1,187</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: top; border-bottom: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000040">1,142</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">3.9%</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-right: black 1pt solid; border-bottom: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">4.1%</FONT></TD></TR>
</TABLE>

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<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: gray"><B><I><SUP>1</SUP></I></B><I>Service revenue, EBITDA, EBITDA
margin, Capex, OCF and Organic growth are non-IFRS measures. See page 13 for a description of these measures and for reconciliations to
the nearest equivalent IFRS measures.</I></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: gray"></P>

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<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #000640"><B>Millicom Chief Executive Officer Mauricio Ramos commented:</B></P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #000640">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #828282">&quot;We had another excellent
quarter in Q3, with every business line and every country in Latam contributing to our solid performance. In Colombia, we continued to
leverage our mobile network superiority to grow our customer base, adding 359,000 mobile customers, including 249,000 in postpaid. Our
robust commercial performance is producing strong momentum for mobile service revenue, which grew 6.5% year-on-year and 4.1% sequentially.
El Salvador led the way with service revenue growth of 18.0%, a direct result of recent investments to acquire spectrum and expand our
network in that country.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #828282">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #828282">During Q3, we resumed shareholder
remuneration, repurchasing nearly 1% of our shares outstanding, and we continued to reduce our financial leverage. We remain on track
to deliver on our OCF target of at least $1.4 billion for 2021, as we continue to execute on our 2021 investment plan, which includes
our Colombia mobile network expansion, as well as the modernization of our mobile networks in El Salvador, Honduras, Paraguay and Bolivia.
Additionally, during the quarter we continued to invest in our Tigo Money business and in our infrastructure, and we have projects underway
to carve out these valuable assets from our core business to provide optionality to optimize their capital structure and unlock value
in the future.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #828282">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #828282">Now more than ever, we measure
our success not only by looking at our financial results and at our balance sheet, but also by measuring our contribution to the lives
of our employees and of the people in the communities we serve, while also reducing our impact on the environment. During the quarter,
we made significant progress on many facets of our ESG agenda, and we plan to announce Paris-aligned emissions reduction targets in the
near future. We recognize and embrace our role as an agent of positive change in our region, and the work we do every day to connect more
people to our digital highways is a source of tremendous pride for me personally, and for each of our 21,000 employees. We remain very
focused on nurturing and strengthening the Sangre Tigo culture that motivates our teams and drives our performance.&quot;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #828282">&nbsp;</P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #000640"><B>Subsequent Events</B></P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #000640">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #828282">On October 13, 2021, we closed
the disposal of our 50% stake in AirtelTigo Ghana. As part of the closing conditions, each partner committed up to $37.5 million for the
reimbursement of certain local bank facilities. As of September 30, 2021, $32.5 million remain unpaid.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #828282">&nbsp;</P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #000640"><B>Group Quarterly Financial Review - Q3 2021</B></P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #000640">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #828282">In Q3 2021, group revenue increased
6.5% year-on-year to $1,093 million due to strong customer growth in all business lines and countries, compared to a softer top line due
to the negative impact of the COVID-19 and the impact of currency translation in Q3 2020. Cost of sales increased 9.4%, due to improved
activity levels and to an $8 million increase in bad debt in Q3 2021 compared to Q3 2020, which benefited from strong collection activity
as lockdowns began to ease.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #828282">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #828282">Operating expenses increased 8.3%
($31 million) year-on-year to $400 million, reflecting increased sales and marketing costs to support customer growth in Q3 2021, as compared
to Q3 2020 when COVID-19 was still impacting mobility and commercial activity in our markets.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #828282">&nbsp;</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt"></P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="padding: 8pt; text-align: left; background-color: rgb(0,25,60); width: 84%; vertical-align: middle"><P STYLE="font: 18pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #CBF8FF"><B>Earnings Release</B></P><P STYLE="font: 18pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #CBF8FF"></P><P STYLE="font: 14pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #CBF8FF"><B>Q3 2021</B>&nbsp;</P></TD><TD STYLE="padding: 8pt 20pt 8pt 8pt; text-align: right; background-color: rgb(0,25,60); width: 16%">&nbsp;<IMG SRC="millicom.jpg" ALT=""></TD></TR></TABLE><P STYLE="margin: 0pt">&nbsp;</P></DIV>
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<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #828282">Depreciation decreased 2.4% ($5
million) year-on-year to $212 million, due to network modernization activities which accelerated the depreciation of older infrastructure
in 2020. Amortization decreased 35.1% ($31 million) to $57 million as brands acquired in the Cable Onda acquisition in Panama have now
been fully amortized, which also impacted Q3 2020 when we recognized $15 million of accelerated amortization related to a brand in Panama
that was discontinued in that quarter.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #828282">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #828282">Our share of profits in&nbsp;Guatemala and Honduras
increased to $56 million in Q3 2021 from $22 million in Q3 2020 due to very strong operational performance as well as lower interest expenses
stemming from the reduction in debt in Guatemala.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #828282">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #828282"><FONT STYLE="background-color: white">As a resul</FONT>t
of the above factors, operating profit&nbsp;was $197 million in Q3 2021, up 103.6% year-on-year.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #828282">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="background-color: #000640">
    <TD STYLE="padding-right: 2pt; width: 46%; border-top: black 1pt solid; border-bottom: black 1pt solid; border-left: #44546A 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Income statement data (IFRS)</B></FONT></TD>
    <TD ROWSPAN="2" STYLE="padding-right: 2pt; width: 9%; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Q3 2021</B></FONT></TD>
    <TD ROWSPAN="2" STYLE="padding-right: 2pt; width: 9%; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Q3 2020</B></FONT></TD>
    <TD ROWSPAN="2" STYLE="padding-right: 2pt; width: 9%; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B><I>% change</I></B></FONT></TD>
    <TD ROWSPAN="2" STYLE="padding-right: 2pt; width: 9%; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>9M 2021</B></FONT></TD>
    <TD ROWSPAN="2" STYLE="padding-right: 2pt; width: 9%; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>9M 2020</B></FONT></TD>
    <TD ROWSPAN="2" STYLE="padding-right: 2pt; width: 9%; border-left: #44546A 1pt solid; border-right: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B><I>% change</I></B></FONT></TD></TR>
  <TR STYLE="background-color: #000640">
    <TD STYLE="padding-right: 2pt; border-bottom: black 1pt solid; border-left: #44546A 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>$ millions (except EPS in $)</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 2pt; border-left: #44546A 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>Revenue</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-top: black 1pt solid; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>1,093</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-top: black 1pt solid; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>1,026</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-top: black 1pt solid; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>6.5%</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-top: black 1pt solid; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>3,270</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-top: black 1pt solid; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>3,083</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-top: black 1pt solid; border-right: #44546A 1pt solid; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>6.1%</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 2pt; border-left: #44546A 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Cost of sales</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(313)</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(286)</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">9.4%</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(928)</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(887)</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-right: #44546A 1pt solid; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">4.6%</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 2pt; border-left: #44546A 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>Gross profit</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>780</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>740</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>5.4%</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>2,343</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>2,196</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-right: #44546A 1pt solid; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>6.7%</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 2pt; border-left: #44546A 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Operating expenses</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(400)</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(369)</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">8.3%</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(1,193)</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(1,101)</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-right: #44546A 1pt solid; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">8.4%</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 2pt; border-left: #44546A 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Depreciation</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(212)</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(217)</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(2.4)%</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(640)</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(660)</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-right: #44546A 1pt solid; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(3.0)%</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 2pt; border-left: #44546A 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Amortization</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(57)</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(88)</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(35.1)%</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(239)</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(244)</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-right: #44546A 1pt solid; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(2.2)%</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 2pt; border-left: #44546A 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Share of net profit in Guatemala and Honduras</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">56</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">22</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">NM</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">185</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">101</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-right: #44546A 1pt solid; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">83.9%</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 2pt; border-left: #44546A 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Other operating income (expenses), net</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">29</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">9</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">NM</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(8)</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">31</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-right: #44546A 1pt solid; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">NM</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 2pt; border-left: #44546A 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>Operating profit</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>197</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>97</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>103.6%</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>447</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>323</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-right: #44546A 1pt solid; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>38.3%</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 2pt; border-left: #44546A 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Net financial expenses</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(95)</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(140)</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(32.1)%</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(367)</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(448)</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-right: #44546A 1pt solid; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(18.1)%</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 2pt; border-left: #44546A 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Other non-operating income (expenses), net</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(20)</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(10)</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">94.5%</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(37)</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(147)</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-right: #44546A 1pt solid; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(74.4)%</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 2pt; border-left: #44546A 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Gains (losses) from other JVs and associates, net</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(35)</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">1</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">NM</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(38)</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-right: #44546A 1pt solid; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">NM</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 2pt; border-left: #44546A 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>Profit (loss) before tax</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>46</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>(53)</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>NM</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>4</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>(272)</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-right: #44546A 1pt solid; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>NM</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 2pt; border-left: #44546A 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Net tax credit (expense)</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(42)</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">1</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">NM</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(84)</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(48)</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-right: #44546A 1pt solid; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">76.4%</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 2pt; border-left: #44546A 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>Profit (loss) for the period from continuing ops.</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>4</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>(51)</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>NM</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>(80)</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>(320)</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-right: #44546A 1pt solid; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>(75.0)%</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 2pt; border-left: #44546A 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Non-controlling interests</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">1</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">9</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(88.3)%</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">28</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">40</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-right: #44546A 1pt solid; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(31.6)%</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 2pt; border-left: #44546A 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Profit (loss) from discontinued operations</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(8)</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(96.4)%</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; vertical-align: bottom; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(9)</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-right: #44546A 1pt solid; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(94.7)%</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 2pt; border-left: #44546A 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>Net profit (loss) for the period</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>5</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>(51)</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>NM</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>(53)</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>(288)</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-right: #44546A 1pt solid; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>(81.7)%</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 2pt; border-left: #44546A 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Weighted average shares outstanding (millions)</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">101.35</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">101.20</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">0.1%</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">101.41</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">101.16</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-right: #44546A 1pt solid; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">0.2%</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 2pt; border-bottom: #44546A 1pt solid; border-left: #44546A 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">EPS</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #44546A 1pt solid; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">0.05</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #44546A 1pt solid; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(0.50)</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #44546A 1pt solid; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">NM</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #44546A 1pt solid; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(0.52)</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: #44546A 1pt solid; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(2.85)</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-right: #44546A 1pt solid; border-bottom: #44546A 1pt solid; border-left: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(81.7)%</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #828282">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #828282">Net financial expenses&nbsp;decreased
$45 million year-on-year to $95 million, as a result of debt repayment over the past year, as well as a one-time $15 million gain related
to the bond exchange completed during the quarter. Other non-operating expense of $20 million reflects foreign exchange losses and compares
to an expense of $10 million in Q3 2020,&nbsp;which benefited from the</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #828282">&nbsp;</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt"></P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="padding: 8pt; text-align: left; background-color: rgb(0,25,60); width: 84%; vertical-align: middle"><P STYLE="font: 18pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #CBF8FF"><B>Earnings Release</B></P><P STYLE="font: 18pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #CBF8FF"></P><P STYLE="font: 14pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #CBF8FF"><B>Q3 2021</B>&nbsp;</P></TD><TD STYLE="padding: 8pt 20pt 8pt 8pt; text-align: right; background-color: rgb(0,25,60); width: 16%">&nbsp;<IMG SRC="millicom.jpg" ALT=""></TD></TR></TABLE><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #828282">revaluation of equity investments.
Losses from other joint ventures and associates reached $35&nbsp;million in Q3 2021 compared to a gain of $1&nbsp;million in Q3 2020 due
to charges related to the closing of the sale of the Ghana joint venture.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #828282">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #828282">Tax expense of $42 million in&nbsp;Q3
2021, declined from a tax credit of $1 million in Q3 2020<FONT STYLE="background-color: white">, d</FONT>ue to higher profitability and
deferred tax one-off adjustments to existing liabilities, offset by lower withholding taxes. Non-controlling interests were a $1 million
loss in Q3 2021, reflecting our partners' share of net losses in Colombia, down from from a $9 million loss in Q3 2020.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #828282">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #828282">As a result of these factors, net&nbsp;profit&nbsp;attributable
to owners of the Company was $5 million,&nbsp;or $0.05&nbsp;per share, as compared to a net loss of $51 million ($0.50 loss per share)
in Q3 2020. The weighted average number of shares during the quarter was 101.35 million, an increase of 0.1% year-on-year related to our
employee share-based compensation plans. As of September 30, 2021, we had 101,739,217 shares outstanding, including 915,037 held in treasury,
which increased due to the 834,974 shares that were repurchased so far.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #828282">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #000640"><B>Cash Flow</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #000640">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="background-color: #000640">
    <TD STYLE="padding-right: 2pt; width: 52%; border-top: black 1pt solid; border-bottom: #44546A 1pt solid; border-left: black 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Cash flow data ($ millions)</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; width: 8%; border-top: black 1pt solid; border-bottom: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Q3 2021</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; width: 8%; border-top: black 1pt solid; border-bottom: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Q3 2020</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; width: 8%; border-top: black 1pt solid; border-bottom: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B><I>% change</I></B></FONT></TD>
    <TD STYLE="padding-right: 2pt; width: 8%; border-top: black 1pt solid; border-bottom: #44546A 1pt solid; border-left: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>9M 2021</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; width: 8%; border-top: black 1pt solid; border-bottom: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>9M 2020</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; width: 8%; border-top: black 1pt solid; border-right: black 1pt solid; border-bottom: #44546A 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B><I>% change</I></B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 2pt; border-left: black 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>Operating free cash flow*</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #000640 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>189</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #000640 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>183</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #000640 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>3.6%</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #000640 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>313</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #000640 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>400</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-right: black 1pt solid; border-left: #000640 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>(21.9)%</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 2pt; border-left: black 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Finance charges paid, net</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #000640 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(85)</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #000640 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(109)</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #000640 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(22.2)%</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #000640 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(267)</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #000640 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(305)</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-right: black 1pt solid; border-left: #000640 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(12.5)%</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 2pt; border-left: black 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Lease interest payments, net</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #000640 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(40)</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #000640 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(37)</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #000640 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">6.7%</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #000640 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(109)</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #000640 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(111)</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-right: black 1pt solid; border-left: #000640 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(1.5)%</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 2pt; border-left: black 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>Free cash flow*</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #000640 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>64</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #000640 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>36</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #000640 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>78.2%</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #000640 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>(63)</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #000640 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>(16)</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-right: black 1pt solid; border-left: #000640 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>NM</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 2pt; border-left: black 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Dividends and advances from Guatemala and Honduras</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #000640 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #000640 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">9</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #000640 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(100.0)%</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #000640 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">13</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #000640 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">67</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-right: black 1pt solid; border-left: #000640 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(80.6)%</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 2pt; border-left: black 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Dividends and advances to non-controlling interests</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #000640 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">&mdash;</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #000640 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(3)</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #000640 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(100.0)%</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #000640 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(6)</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #000640 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(5)</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-right: black 1pt solid; border-left: #000640 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">20.7%</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 2pt; border-left: black 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>Equity free cash flow*</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #000640 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>64</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #000640 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>42</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #000640 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>52.6%</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #000640 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>(56)</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #000640 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>46</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-right: black 1pt solid; border-left: #000640 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>NM</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 2pt; border-left: black 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Lease principal repayments</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #000640 1pt solid; background-color: white; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(28)</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #000640 1pt solid; background-color: white; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(30)</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #000640 1pt solid; background-color: white; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(7.0)%</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #000640 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(90)</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: #000640 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(83)</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-right: black 1pt solid; border-left: #000640 1pt solid; background-color: white; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">8.4%</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 2pt; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>Equity free cash flow after leases*</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: black 1pt solid; border-left: #000640 1pt solid; background-color: white; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>36</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: black 1pt solid; border-left: #000640 1pt solid; background-color: white; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>12</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: black 1pt solid; border-left: #000640 1pt solid; background-color: white; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>NM</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: black 1pt solid; border-left: #000640 1pt solid; background-color: white; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>(146)</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: black 1pt solid; border-left: #000640 1pt solid; background-color: white; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>(37)</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: #000640 1pt solid; background-color: white; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>NM</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #000640">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #000640"><I>* Non-IFRS measures. See page 13 for a description
of these measures. Please refer to page 18 of this Earnings Release or to Note 4 of our Unaudited Interim Condensed Consolidated Financial
Statements for the reconciliation of Operating free cash flow to the nearest IFRS measures. In prior years, equity free cash flow was
calculated by including the results of Guatemala and Honduras as if fully consolidated. On that same comparable basis, equity free cash
flow was $394 million in 9M 2021 and $298 million in 9M 2020, before lease principal repayments of $117 million in 9M 2021 and $111 million
in 9M 2020.</I></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #000640">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #828282">During 9M 2021, Operating Free
Cash Flow (OFCF) was $313 million, a decrease of $87 million compared to $400 million in 9M 2020. The <FONT STYLE="background-color: white">decline</FONT>
was largely due to <FONT STYLE="background-color: white">increased </FONT>working capital supporting improved revenue growth, as well
as higher capex, which <FONT STYLE="background-color: white">more than offset</FONT> the increase in EBITDA during the period.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #828282">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #828282">In 9M 2021, dividends and advances
received from our joint ventures in Guatemala and Honduras were $13 million, compared to $67 million received in 9M 2020. This reflects
the decision to prioritize use of Guatemala's robust cash flow generation to reduce gross debt in Guatemala. As of the end of September
2021, Guatemala had repaid $319 million of</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #828282">&nbsp;</P>


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    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right; margin: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->4<!-- Field: /Sequence -->&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt"></P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="padding: 8pt; text-align: left; background-color: rgb(0,25,60); width: 84%; vertical-align: middle"><P STYLE="font: 18pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #CBF8FF"><B>Earnings Release</B></P><P STYLE="font: 18pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #CBF8FF"></P><P STYLE="font: 14pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #CBF8FF"><B>Q3 2021</B>&nbsp;</P></TD><TD STYLE="padding: 8pt 20pt 8pt 8pt; text-align: right; background-color: rgb(0,25,60); width: 16%">&nbsp;<IMG SRC="millicom.jpg" ALT=""></TD></TR></TABLE><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #828282">the $350 million in shareholder
notes that were used to help fund the Comcel bond redemption in Q4 2020. Repayments have been funded from Guatemala's internally generated
cash flow.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #828282">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #828282">Finally, dividends paid to non-controlling
interests in Colombia were $6 million in 9M 2021. As a result of these factors, Equity Free Cash Flow (EFCF) for 9M 2021 was negative
$56 million, as compared to positive $46 million in 9M 2020. Further adjusting for lease principal repayments, EFCF after leases was negative
$146 million in 9M 2021, down from negative $37 million in 9M 2020. The decline reflects our decision to prioritize Guatemala debt reduction;
including Guatemala and Honduras as if fully consolidated, EFCF after leases was $277&nbsp;million in 9M 2021, up from $187&nbsp;million
in 9M 2020.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #828282">&nbsp;</P>


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    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right; margin: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->5<!-- Field: /Sequence -->&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt"></P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="padding: 8pt; text-align: left; background-color: rgb(0,25,60); width: 84%; vertical-align: middle"><P STYLE="font: 18pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #CBF8FF"><B>Earnings Release</B></P><P STYLE="font: 18pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #CBF8FF"></P><P STYLE="font: 14pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #CBF8FF"><B>Q3 2021</B>&nbsp;</P></TD><TD STYLE="padding: 8pt 20pt 8pt 8pt; text-align: right; background-color: rgb(0,25,60); width: 16%">&nbsp;<IMG SRC="millicom.jpg" ALT=""></TD></TR></TABLE><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #000640"><B>Debt</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #000640">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="background-color: #000640">
    <TD STYLE="padding-right: 2pt; border-top: black 1pt solid; border-left: black 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Debt information </B></FONT></TD>
    <TD COLSPAN="3" STYLE="padding-right: 2pt; border-top: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Gross Debt</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-top: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Cash</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-top: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Net</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-top: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Leases</B></FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 2pt; border-top: black 1pt solid; border-right: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Financial Obligations</B></FONT></TD></TR>
  <TR STYLE="background-color: #000640">
    <TD STYLE="padding-right: 2pt; width: 34%; border-left: black 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>($ millions)</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; width: 8%; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>USD</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; width: 8%; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>LCY</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; width: 8%; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Total</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; width: 8%; text-align: center; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; width: 8%; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Debt</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; width: 8%; text-align: center; padding-left: 2pt">&nbsp;</TD>
    <TD STYLE="padding-right: 2pt; width: 9%; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Gross</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; width: 9%; border-right: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Net*</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 2pt; border-left: black 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Latin America</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">657</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">2,117</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">2,774</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">334</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">2,440</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">741</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">3,515</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-right: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">3,181</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 2pt; border-left: black 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Africa</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">156</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">40</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">196</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">18</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">178</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">192</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">388</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-right: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">370</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 2pt; border-left: black 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Corporate</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">2,260</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">37</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">2,297</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">371</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">1,926</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">20</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">2,316</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-right: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">1,946</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 2pt; border-left: black 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>Millicom Group (IFRS)</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>3,073</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>2,193</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>5,267</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>723</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>4,543</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>953</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>6,219</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-right: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>5,496</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 2pt; border-left: black 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Guatemala and Honduras JVs</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">197</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">539</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">737</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">261</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">476</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">264</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">1,001</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-right: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">740</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 2pt; border-left: black 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>Underlying (non-IFRS)</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>3,270</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>2,733</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>6,003</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>984</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>5,019</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>1,217</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>7,220</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-right: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>6,236</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 2pt; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Total Proportionate (non-IFRS)</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">3,176</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">1,996</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">5,172</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">808</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: black 1pt solid; border-left: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">4,364</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: black 1pt solid; border-left: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">941</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">6,113</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-right: black 1pt solid; border-bottom: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">5,305</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #000640">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #000640"><I>* Net Debt and Net financial obligations are non-IFRS
measures. See page 13 for a description of non-IFRS measures and for reconciliations to the nearest equivalent IFRS measures. Cash includes
term deposits of nil as of September 30, 2021 and including Guatemala and Honduras as if fully consolidated includes term deposits of
$4 million as of September 30, 2021.</I></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #000640">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: gray"><I>In order to provide a more complete
picture of the Group's financial situation, this section discusses gross debt, leases, cash, and net debt on an underlying basis, a non-IFRS
measure that includes Guatemala and Honduras as if fully consolidated. </I></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: gray">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #828282">As of September 30, 2021, underlying
gross debt was $6,003 million, a reduction of $133 million during the quarter. Our underlying gross debt includes Guatemala and Honduras,
which had $737 million of gross debt as of September 30, 2021, a decrease of $3 million during the quarter.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #828282">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #828282">Approximately 58% of underlying
gross debt at September 30, 2021 was in Latam, 3% in Africa, and the remaining 38% at the corporate level. Over the past year, we have
lowered our average effective interest rate to 5.4% from 5.8% while also improving the mix to 46% in local currency or swapped for local
currency as of Q3 2021, up from 34% as of Q3 2020. In addition 81% was at fixed rates or swapped for fixed rates and the average maturity
of 5.9 years, in line with our targets. On our dollar-denominated debt, the average rate was 5.0% with an average maturity of 6.6 years,
as of September 30, 2021, an improvement from an average rate of 5.1% and an average maturity of 6.3 years as of June 30, 2021.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #828282">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #828282">Our underlying cash position was
$984 million as of September 30, 2021, a decrease of $57 million c<FONT STYLE="background-color: white">ompared to </FONT>$1,041 million
<FONT STYLE="background-color: white">as of June 30, 2021, in part due to $28 million spent on share buybacks. Of our underlying cash
balance, 73% was held in U.S. dollars. As a result, our underlying net debt was 5,019 as of </FONT>September 30, 2021, a dec<FONT STYLE="background-color: white">rease
of </FONT>$76 million <FONT STYLE="background-color: white">during the quarter.</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #828282">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #828282">In addition, as of September 30,
2021, we had underlying lease liabilities of $1,217 million, which represented 17% of underlying gross financial obligations. Including
these lease liabilities, underlying net financial obligations were $6,236 million as of September 30, 2021, a reduction of $111 million
during the quarter, which reflects cash generation during the quarter.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #828282">&nbsp;</P>


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    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #828282">Proportionate leverage<SUP>1</SUP>,
which captures our proportional ownership in each country as well as lease obligations, was 2.81x as of September 30, 2021. This is down
from 2.89x as of June 30, 2021 due to the strong EBITDA growth and the reduction in net debt during the quarter despite higher levels
of capital expenditure and the commencement of share buybacks. Excluding the impact of leases, proportionate leverage would h<FONT STYLE="background-color: white">ave
been 2</FONT>.67x<B><I><SUP>2</SUP></I></B>, an improvement from 2.75x as of June 30, 2021.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #828282">&nbsp;</P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #000640"><B>Operating segment performance</B></P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #000640">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: gray"><I>Our management determines operating
and reportable segments based on the reports that are used by the chief operating decision maker to make strategic and operational decisions
from both a business and geographic perspective. The Millicom Group&rsquo;s risks and rates of return for its operations are predominantly
affected by operating in different geographical regions. The Millicom Group has businesses in two main regions, Latin America and Africa,
which constitute our two segments. We allocate corporate costs to each segment based on their contribution to underlying revenue, and
only unusual costs, such as the M&amp;A-related fees remain unallocated. </I></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: gray">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: gray"><I>Our Latin America segment includes
the results of Guatemala and Honduras as if they were fully consolidated, as this reflects the way our management reviews and uses internally
reported information to make decisions about operating matters and to provide increased transparency to investors on those operations.
Our Africa segment does not include our joint venture in Ghana because our management does not consider it to be a strategic part of the
group.</I></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: gray">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: gray"><I>Please refer to Note 4 of our Unaudited
Interim Condensed Consolidated Financial Statements for more details on our segments. The information contained herein can also be accessed
electronically in the Financial &amp; Operating Data Excel file published at www.millicom.com/investors alongside this earnings release.</I></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: gray">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #000640"><B>Latin America segment</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #000640">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #000640"><B><I>Business units</I></B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #000640">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #828282">We discuss our Latam results under
two principal business units:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #828282">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #828282">1. Mobile, including mobile data,
mobile voice, and mobile financial services (MFS) to consumer, business and government customers;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #828282">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #828282">2. Cable and other fixed, including
broadband, Pay TV, content, and fixed voice services for residential (Home) customers, as well as voice, data and value-added services
and solutions to business and government customers.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #828282">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #828282">On occasion, we also discuss our
performance by customer type, with B2B referring to our business and government customers, while B2C includes residential and personal
consumer groups.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #828282">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 9pt; text-indent: -9pt; color: #000640"><B><I>Market environment</I></B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 9pt; text-indent: -9pt; color: #000640">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 9pt; text-indent: -9pt; color: #000640"></P>


<P STYLE="margin: 0"></P>

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<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 9pt; text-indent: -9pt; color: #000640"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: gray"><B><I><SUP>1</SUP></I></B><I> Proportionate leverage is
a non-IFRS measure calculated using LTM (last twelve-month) EBITDA, proforma for acquisitions and disposals.</I></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: gray"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: gray"><B><I><SUP>2</SUP></I></B><I> Proportionate leverage after
leases is the ratio of proportionate net debt over LTM EBITDA after leases, proforma for acquisitions made during the last twelve months.
Refer to page 13 for a description of non-IFRS measures and for reconciliations to the nearest equivalent IFRS measures.</I></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: gray"></P>

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<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #828282">Economic activity continued to
recover in our markets, while remittances from the U.S. to Central America sustained double-digit growth year-on-year. Meanwhile, vaccination
rates improved to above 50% in Panama, El Salvador, and Costa Rica, but remained below 20% in Nicaragua. Some countries experienced spikes
in the number of COVID cases during the quarter, but governments generally refrained from imposing strict lockdowns, choosing instead
to use curfews or voluntary quarantine programs, which had a negligible effect on commercial activity. Currencies in our markets were
generally stable, both during the quarter and over the past year. Foreign exchange rates and movements are presented on page 16.</P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt"></P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="padding: 8pt; text-align: left; background-color: rgb(0,25,60); width: 84%; vertical-align: middle"><P STYLE="font: 18pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #CBF8FF"><B>Earnings Release</B></P><P STYLE="font: 18pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #CBF8FF"></P><P STYLE="font: 14pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #CBF8FF"><B>Q3 2021</B>&nbsp;</P></TD><TD STYLE="padding: 8pt 20pt 8pt 8pt; text-align: right; background-color: rgb(0,25,60); width: 16%">&nbsp;<IMG SRC="millicom.jpg" ALT=""></TD></TR></TABLE><P STYLE="margin: 0pt">&nbsp;</P></DIV>
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<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #000640"><B>Latam segment - Key Performance
Indicators</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #000640">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="background-color: #000640">
    <TD STYLE="width: 39%; border-top: black 1pt solid; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Key Performance Indicators (&lsquo;000)</B></FONT></TD>
    <TD STYLE="width: 10%; border-top: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Q3 2021</B></FONT></TD>
    <TD STYLE="width: 10%; border-top: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Q2 2021</B></FONT></TD>
    <TD STYLE="width: 10%; border-top: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Q1 2021</B></FONT></TD>
    <TD STYLE="width: 10%; border-top: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Q4 2020</B></FONT></TD>
    <TD STYLE="width: 10%; border-top: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Q3 2020</B></FONT></TD>
    <TD STYLE="width: 11%; border-top: black 1pt solid; border-right: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Q3 2021 vs Q3 2020</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Mobile customers</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">43,901</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">43,137</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">42,805</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">41,734</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">39,483</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">11.2%</FONT></TD></TR>
  <TR>
    <TD STYLE="border-left: black 1pt solid; padding-left: 15.75pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><I>Of which 4G customers</I></FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">20,327</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">19,321</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">18,830</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">18,243</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">16,330</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">24.5%</FONT></TD></TR>
  <TR>
    <TD STYLE="border-left: black 1pt solid; padding-left: 15.75pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><I>Of which postpaid subscribers</I></FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">5,682</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">5,352</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">5,060</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">4,920</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">4,773</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">19.0%</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Mobile ARPU ($)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">6.4</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">6.4</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">6.5</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">6.8</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">6.8</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(5.6)%</FONT></TD></TR>
  <TR>
    <TD STYLE="border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Total homes passed</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">12,539</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">12,403</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">12,248</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">12,229</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">12,106</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">3.6%</FONT></TD></TR>
  <TR>
    <TD STYLE="border-left: black 1pt solid; padding-left: 15.75pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><I>Of which HFC homes passed</I></FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">12,263</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">12,113</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">11,949</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">11,888</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">11,762</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">4.3%</FONT></TD></TR>
  <TR>
    <TD STYLE="border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><I>Total customer relationships</I></FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">4,857</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">4,792</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">4,701</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">4,545</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">4,453</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">9.1%</FONT></TD></TR>
  <TR>
    <TD STYLE="border-left: black 1pt solid; padding-left: 15.75pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><I>Of which HFC customer relationships</I></FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">4,086</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">3,998</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">3,899</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">3,733</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">3,630</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">12.6%</FONT></TD></TR>
  <TR>
    <TD STYLE="border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">HFC revenue generating units</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">8,480</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">8,273</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">7,971</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">7,602</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">7,343</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">15.5%</FONT></TD></TR>
  <TR>
    <TD STYLE="border-left: black 1pt solid; padding-left: 15.75pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><I>Of which Broadband Internet</I></FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">3,728</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">3,642</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">3,535</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">3,356</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">3,238</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">15.1%</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Home ARPU ($)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">28.1</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">28.6</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">28.8</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">28.0</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">27.7</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">1.6%</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #000640">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #000640"><B>Mobile services</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #000640">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #828282">We ended Q3 21 with 43.9 million
customers, an increase of 764,000 during the quarter<FONT STYLE="background-color: white">, including</FONT> 331,000 <FONT STYLE="background-color: white">net
additions in postpaid, with the vast majority of these coming from Colombia, where our</FONT> investm<FONT STYLE="background-color: white">ents
in spectrum, network and distribution channels have extended our reach an</FONT>d improved cu<FONT STYLE="background-color: white">stomer
experience driving postpaid customer gains of 249,000. In prepaid, we added 433,000 customers, ending the period with 38.2 million, up
10% year-on-year, with Colombia and Bolivia accounting for the majority of the net gains. We added 1 million new 4G smartphone data users,
and these now account for 46% of our mobile customer base, up from 41% in Q3 2020.</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #828282">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #828282">Mobile ARP<FONT STYLE="background-color: white">U</FONT>
was flat sequentially at $6.4, declining 5.6% compared to Q3 2020. ARPU increased in El Salvador and Nicaragua, where we have invested
to upgrade and expand our networks over the past two years.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #828282">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #000640"><B>Cable and other fixed services</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #000640">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #828282">In Home, our residential cable
business, we continued to experience strong demand for our services, and we added 88,000 HFC customer relationships in the quarter, reflecting
a slight slowdown compared to recent periods, as we increased prices in some of our markets. At the end of Q3, our networks passed 12.5
million homes, an increase of 137,000 during the period. We continued our HFC network deployment, passing an additional 149,000 homes,
as we continued to expand our network mainly in Colombia, Nicaragua, Bolivia and Guatemala. As a result, penetration on our HFC network
increased to 33.3%, an increase of 2.4 percentage points from 30.9% in Q3 2020.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #828282">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #828282">Demand was strong, with all countries
showing positive HFC Home customer relationship net additions in the quarter. Colombia sustained strong customer intake with HFC net additions
of 32,000, while Bolivia added 19,000 and Guatemala added 13,000. Home ARPU increased in constant currency terms and improv<FONT STYLE="background-color: white">ed
by 1.6% year-on-year in US dollar terms, averaging $28.1 for the quarter.</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #828282">&nbsp;</P>


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<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #000640"><B>Latam segment financial results</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #000640">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="background-color: #000640">
    <TD STYLE="width: 28%; border-top: black 1pt solid; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B><I>Latam Financial Highlights*</I></B></FONT></TD>
    <TD ROWSPAN="2" STYLE="width: 9%; border-top: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Q3 2021</B></FONT></TD>
    <TD ROWSPAN="2" STYLE="width: 9%; border-top: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Q3 2020</B></FONT></TD>
    <TD ROWSPAN="2" STYLE="width: 9%; border-top: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B><I>% change</I></B></FONT></TD>
    <TD ROWSPAN="2" STYLE="width: 9%; border-top: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B><I>Organic % change</I></B></FONT></TD>
    <TD ROWSPAN="2" STYLE="width: 9%; border-top: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>9M 2021</B></FONT></TD>
    <TD ROWSPAN="2" STYLE="width: 9%; border-top: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>9M 2020</B></FONT></TD>
    <TD ROWSPAN="2" STYLE="width: 9%; border-top: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B><I>% change</I></B></FONT></TD>
    <TD ROWSPAN="2" STYLE="width: 9%; border-top: black 1pt solid; border-right: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B><I>Organic % change</I></B></FONT></TD></TR>
  <TR STYLE="background-color: #000640">
    <TD STYLE="border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>($m, unless otherwise stated)</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Revenue</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">1,548</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">1,445</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">7.1%</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">7.4%</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">4,623</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">4,309</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">7.3%</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">7.5%</FONT></TD></TR>
  <TR>
    <TD STYLE="border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Service revenue</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">1,427</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">1,318</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">8.2%</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">8.5%</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">4,258</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">3,984</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">6.9%</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">7.1%</FONT></TD></TR>
  <TR>
    <TD STYLE="border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><I>&nbsp;&nbsp;Mobile</I></FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">840</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">790</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">6.4%</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">2,509</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">2,383</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">5.3%</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-right: black 1pt solid">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><I>&nbsp;&nbsp;Cable and other fixed services</I></FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">568</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">513</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">10.7%</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">1,697</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">1,558</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">8.9%</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-right: black 1pt solid">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><I>Other</I></FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">18</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">15</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">21.2%</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">52</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">43</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">22.5%</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-right: black 1pt solid">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">EBITDA</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">622</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">581</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">7.1%</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">7.4%</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">1,881</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">1,725</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">9.0%</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">9.0%</FONT></TD></TR>
  <TR>
    <TD STYLE="border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">EBITDA margin</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">40.2%</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">40.2%</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000040"><I>&mdash;</I></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">40.7%</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">40.0%</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000040"><I>0.6 pt</I></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-right: black 1pt solid">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Capex</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">287</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">220</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">30.7%</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">694</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">583</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">19.0%</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-right: black 1pt solid">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">OCF</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">335</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">362</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(7.3)%</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(6.1)%</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">1,187</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">1,142</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">3.9%</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">4.1%</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #000640"><I>* Service revenue, EBITDA, EBITDA margin, Capex,
OCF and organic growth are Non-IFRS measures. Capex is defined as capital expenditures excluding spectrum, license costs and finance lease
capitalizations. See page 13 for a description of non-IFRS measures and for reconciliations to the nearest equivalent IFRS measures. </I></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #000640">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #828282">In Q3 2021, revenue in our Latam
segment increased 7.1% year-on-year to $1,548 million, while service revenue increased 8.2% to $<FONT STYLE="background-color: white">1,427
million</FONT>. Adjusting for currency, organic service revenue grow<FONT STYLE="background-color: white">th was 8.5% ye</FONT>ar-on-year,
benefiting from a second consecutive quarter of positive growth in all countries and business units.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #828282">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #828282">For a fourth consecutive quarter,
El Salvador registered the fastest service revenue growth at 18.0%, as mobile continued to drive rapid growth stemming from recent spectrum
and network investments in that country. In Panama, growth across all business units, including double digit mobile growth and a return
to growth in our B2B business, resulted in 9.5% growth overall. In Colombia, strong performance in all business lines, including 8% growth
in both Home and consumer mobile, led to 6.0% growth overall in the quarter. In Honduras, double-digit growth in cable were offset by
a low single-digit growth in mobile. Finally, service revenue grew 14.7% in Nicaragua and 12.3% in Costa Rica.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #828282">&nbsp;</P>


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<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #828282"><FONT STYLE="background-color: white">By
business unit, </FONT>Home service revenue grew 13.3% organically, fueled by customer growth and improving ARPU. <FONT STYLE="background-color: white">In
our consumer Mobile business, organic service revenue grew 7.5% year-on-year, with both prepaid and postpaid growing. Finally, B2B service
revenue returned to positive growth, increasing 2.7% organically, as most countries saw improved B2B performance during the quarter.</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #828282">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #828282">EBITDA for our Latam segment wa<FONT STYLE="background-color: white">s
</FONT>$622 million <FONT STYLE="background-color: white">in </FONT>Q3 2021<FONT STYLE="background-color: white">, an increase of 7.1%
year-on-year (7.4% organically) compared to </FONT>$581 million in Q3 2020. Growth was positive in all countries, except for Colombia,
which saw a 5.6% decline in EBITDA year-on-year, due to a significant increase in selling and marketing expenses, as we experienced strong
mobile customer intake during the quarter, resulting in improved market share. El Salvador had its fourth consecutive quarter of growth
driven by strong top line results.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #828282">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #828282"><FONT STYLE="background-color: white">Capex
in Latin America was </FONT>$287 million <FONT STYLE="background-color: white">in the quarter. In mobile, we added more than 800 points
of presence to our 4G network, and we ended the quarter with more than 16,600, an increase of 20% year-on-year. At the end of </FONT>Q3
2021<FONT STYLE="background-color: white">, our 4G networks covered approximately 80% of the population (approximately 120 million in
our markets), up from approximat</FONT>ely 73% <FONT STYLE="background-color: white">at </FONT>Q3 2020<FONT STYLE="background-color: white">.
</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #828282">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #828282"><FONT STYLE="background-color: white">Operating
Cash Flow (OCF) decreased 7.3% year-on-year to $335&nbsp;million in </FONT>Q3 2021<FONT STYLE="background-color: white">, an decrease</FONT>
of 6.1% on <FONT STYLE="background-color: white">an organic basis on higher capex. Including our Africa segment, underlying OCF was $350&nbsp;million
for the quarter and $1,243&nbsp;million for the first nine months of the year, on track to achieve our target of at least $1.4 billion
for the year.</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #828282">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #000640"><B>Africa segment - Segment financial
results and Key Performance Indicators</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #000640">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: gray"><I>Please refer to Note 4 of our Unaudited
Interim Condensed Consolidated Financial Statements for more details on our segments.</I></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: gray">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="background-color: #000640">
    <TD STYLE="width: 34%; border-top: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; border-right: #44546A 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Africa Financial Highlights*</B></FONT></TD>
    <TD ROWSPAN="2" STYLE="width: 11%; border-top: black 1pt solid; border-right: #44546A 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Q3 2021</B></FONT></TD>
    <TD ROWSPAN="2" STYLE="width: 11%; border-top: black 1pt solid; border-right: #44546A 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Q3 2020</B></FONT></TD>
    <TD ROWSPAN="2" STYLE="width: 11%; border-top: black 1pt solid; border-right: #44546A 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B><I>% change</I></B></FONT></TD>
    <TD ROWSPAN="2" STYLE="width: 11%; border-top: black 1pt solid; border-right: #44546A 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>9M 2021</B></FONT></TD>
    <TD ROWSPAN="2" STYLE="width: 11%; border-top: black 1pt solid; border-right: #44546A 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>9M 2020</B></FONT></TD>
    <TD ROWSPAN="2" STYLE="width: 11%; border-top: black 1pt solid; border-right: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B><I>% change</I></B></FONT></TD></TR>
  <TR STYLE="background-color: #000640">
    <TD STYLE="border-right: #44546A 1pt solid; border-left: black 1pt solid; border-bottom: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>($m, unless otherwise stated)</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Revenue</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: #44546A 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">87</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: #44546A 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">94</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: #44546A 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(7.6)%</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: #44546A 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">264</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: #44546A 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">269</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-right: black 1pt solid; border-left: #44546A 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(1.9)%</FONT></TD></TR>
  <TR>
    <TD STYLE="border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Service revenue</FONT></TD>
    <TD STYLE="border-left: #44546A 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">87</FONT></TD>
    <TD STYLE="border-left: #44546A 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">94</FONT></TD>
    <TD STYLE="border-left: #44546A 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(7.6)%</FONT></TD>
    <TD STYLE="border-left: #44546A 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">264</FONT></TD>
    <TD STYLE="border-left: #44546A 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">269</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; border-left: #44546A 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(1.9)%</FONT></TD></TR>
  <TR>
    <TD STYLE="border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">EBITDA</FONT></TD>
    <TD STYLE="border-left: #44546A 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">26</FONT></TD>
    <TD STYLE="border-left: #44546A 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">32</FONT></TD>
    <TD STYLE="border-left: #44546A 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(19.5)%</FONT></TD>
    <TD STYLE="border-left: #44546A 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">87</FONT></TD>
    <TD STYLE="border-left: #44546A 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">91</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; border-left: #44546A 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(4.7)%</FONT></TD></TR>
  <TR>
    <TD STYLE="border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">EBITDA margin %</FONT></TD>
    <TD STYLE="border-left: #44546A 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">29.9%</FONT></TD>
    <TD STYLE="border-left: #44546A 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">34.4%</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-left: #44546A 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><I>(4.4) pt</I></FONT></TD>
    <TD STYLE="border-left: #44546A 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">32.8%</FONT></TD>
    <TD STYLE="border-left: #44546A 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">33.7%</FONT></TD>
    <TD STYLE="vertical-align: bottom; border-right: black 1pt solid; border-left: #44546A 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><I>(1.0) pt</I></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Capex</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-left: #44546A 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">11</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-left: #44546A 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">11</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-left: #44546A 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(1.5)%</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-left: #44546A 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">25</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-left: #44546A 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">28</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; border-left: #44546A 1pt solid; border-bottom: black 1pt solid; background-color: white; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(11.5)%</FONT></TD></TR>
  <TR STYLE="background-color: #000640">
    <TD COLSPAN="2" STYLE="border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Key Performance Indicators ('000)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-left: #44546A 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-left: #44546A 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-left: #44546A 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-left: #44546A 1pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-right: black 1pt solid; border-left: #44546A 1pt solid">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Mobile customers</FONT></TD>
    <TD STYLE="border-left: #44546A 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">13,416</FONT></TD>
    <TD STYLE="border-left: #44546A 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">12,427</FONT></TD>
    <TD STYLE="border-left: #44546A 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">8.0%</FONT></TD>
    <TD STYLE="border-left: #44546A 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">13,416</FONT></TD>
    <TD STYLE="border-left: #44546A 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">12,427</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; border-left: #44546A 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">8.0%</FONT></TD></TR>
  <TR>
    <TD STYLE="border-left: black 1pt solid; padding-left: 9pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><I>Tigo Money customers</I></FONT></TD>
    <TD STYLE="border-left: #44546A 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><I>6,861</I></FONT></TD>
    <TD STYLE="border-left: #44546A 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><I>6,727</I></FONT></TD>
    <TD STYLE="border-left: #44546A 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><I>2.0%</I></FONT></TD>
    <TD STYLE="border-left: #44546A 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><I>6,861</I></FONT></TD>
    <TD STYLE="border-left: #44546A 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><I>6,727</I></FONT></TD>
    <TD STYLE="border-right: black 1pt solid; border-left: #44546A 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><I>2.0%</I></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Mobile ARPU ($)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-left: #44546A 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">2.1</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-left: #44546A 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">2.4</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-left: #44546A 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(13.7)%</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-left: #44546A 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">2.1</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-left: #44546A 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">2.3</FONT></TD>
    <TD STYLE="border-right: black 1pt solid; border-left: #44546A 1pt solid; border-bottom: black 1pt solid; background-color: white; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(8.4)%</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #000640"><I>* Service revenue, EBITDA and Capex are non-IFRS
measures. See page 13 for a description of non-IFRS measures and for reconciliations to the nearest equivalent IFRS measures. </I></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #000640">&nbsp;</P>


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    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #828282">Our Africa segment comprises our
Tanzania operations. <FONT STYLE="background-color: white">On April 19, 2021, we announced the signing of an agreement for the sale of
our operations in Tanzania to a consortium led by Axian, a pan-African group that was part of the consortium that acquired Millicom&rsquo;s
operations in Senegal in 2018. Completion remains subject to regulatory approvals.</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #828282">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #828282">Service revenue for our Africa
segment decreased 7.6% year-on-year to $87 million in Q3 2021, while <FONT STYLE="background-color: white">EB</FONT>ITDA declined 19.5%
year-on-year to $26 million. The decline in performance was mostly due to a reduction in customer usage of mobile financial services,
which make up a third of our revenues, due to a new government levy imposed on many mobile money transactions. Capex reduced 1.5% year-on-year
to $11 million and as a result OCF decreased 28.5% year-on-year to $15 million.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #828282">&nbsp;</P>


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    <!-- Field: /Page -->

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #000640"><B>ESG highlights &ndash; Q3 2021 </B></P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #000640">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #000640"><FONT STYLE="background-color: white"><B>Responsible
Leadership in Action</B></FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #000640">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #828282"><B>Protecting Children </B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #828282">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #828282">In September, we officially launched
our collaboration with Fundaci&oacute;n Real Madrid, through which we will reach over 11,100 children and adolescents that are part of
their social sports schools in the region. We will start implementing our Conectate Segur@ and Conectadas programs starting in October
through our Tigo operations and the Foundation's local partners. This five-year alliance will facilitate the sustainability of more than
65 social sports projects that the Foundation has in our countries.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #828282">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #828282">In Bolivia we launched EducaTigo,
the first TV channel 100% devoted to education in the country, available in two channels of Tigo Home. Educatigo focuses on broadcasting
24- hour educational content for children and adults: aimed at students, teachers and families it offers curated content on digital skills,
responsible internet use and cybersecurity and mental health.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #828282">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #828282"><B>Empowering Women </B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #828282">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #828282">Our Conectadas App is in its final
phase of development and we will be doing soft launches during late November and December. For these soft launches we will test the App
with groups of beneficiaries that will allow us to further optimize its usability for 2022. Through this app, we will be able to significantly
expand the reach of our training content on digital skills, in addition to the women empowerment programs already in place.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #828282">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #828282"><B>Responsible Supply Chain Management </B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #828282">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #828282">We are closing in on our goal of
reaching 75% of our suppliers with over $1 million in spend with our online sustainability training, with currently 70% of our suppliers
having completed the training. We are continuing our efforts to reach our goal by December.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #828282">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #828282"><B>Health, safety and environment </B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #828282">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #828282">Millicom continues to implement
protocols to safeguard the safety and health of our people, encouraging them to participate in the COVID-19 vaccination processes in their
respective countries, ensuring continuity of service. We currently have more than 50% of our employees with their complete vaccinations.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #828282">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #828282">Despite the fact that more than
half of our people continue to work from home, we continue to make constant adjustments to our facilities and have initiated pilot plans
to return to offices, under the latest COVID-19 guidelines from the World Health Organization, the US Centers for Disease Control, and
the Ministries of Health in the countries where we operate, to care for our employees, contractors and customers.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #828282">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #828282">Regarding our commitment to minimize
e-waste and foster circular economies, we have met our 2021 CPE (customer premise equipment) goal ahead of time, having redeployed over
2.2 million CPEs by the end of Q3.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #828282">&nbsp;</P>


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    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #828282">We are advanced in our efforts
to set and announce Paris-aligned emissions reduction targets during 2022, engaging a cross-functional team to align investments, resources,
policies and partnerships towards that goal.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #828282">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #828282"><B>Compliance and anti-corruption program </B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #828282">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #828282">During Q3 2021, we launched our
annual mandatory Compliance training, covering all relevant aspects of the program (Code of Conduct, Anti-Corruption, Gifts &amp; Hospitality,
Speak Up, Sponsorships &amp; Donations, Conflicts of Interest, Third Party Due Diligence, and Anti Money Laundering). The training targets
all active employees and contracted staff of the company. Preliminary completion rates indicate that at least 95% of the target has successfully
completed the training. As part of our continuous improvement and monitoring efforts, we are revising our Code of Conduct and Corporate
Compliance Policies, with an expected launch timeframe of 2022.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #828282">&nbsp;</P>


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<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #000640"><B>Video conference details</B></P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #000640">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="color: gray">A video conference to
discuss these results will take place on October 28 a<FONT STYLE="background-color: white">t 14:00 (Luxembourg/Stockholm) / 13:00 (London)
/ 08:00 (Miami)</FONT>. Registration for the live event is required and is available at the following </FONT><FONT STYLE="color: blue"><U>link</U></FONT><FONT STYLE="color: gray">.
After registering, participants will receive a confirmation email containing details about joining the video conference. Alternatively,
participants can join in a listen-only mode, by dialing any of the following numbers and using webinar ID number 824-3416-1714. Please
dial a number base on your location:</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 12%; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: gray; background-color: white">US</FONT></TD>
    <TD STYLE="width: 48%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: gray; background-color: white">+1 929 205 6099</FONT></TD>
    <TD STYLE="width: 15%; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: gray; background-color: white">Sweden:</FONT></TD>
    <TD STYLE="width: 25%; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: gray; background-color: white">&nbsp;+46 850 539 728</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: gray; background-color: white">UK:</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: gray; background-color: white">+44 330 088 5830</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: gray; background-color: white">Luxembourg:</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: gray; background-color: white">&nbsp;+352 342 080 9265</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="color: gray">Additional international
numbers are available at the following</FONT> <FONT STYLE="color: blue"><U>link</U></FONT>.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="color: gray">A replay of the event
will be available on the </FONT><FONT STYLE="color: blue"><U>Millicom website</U></FONT><FONT STYLE="color: gray">. </FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #000640"><B>Financial calendar</B></P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #000640">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #000640"><B>2022</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #000640">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="background-color: #000640">
    <TD STYLE="width: 15%; border-top: black 1pt solid; border-bottom: black 1pt solid; border-left: #44546A 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Date</B></FONT></TD>
    <TD STYLE="width: 85%; border-top: black 1pt solid; border-left: #44546A 1pt solid; border-bottom: black 1pt solid; border-right: #44546A 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Event</B></FONT></TD></TR>
  <TR>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: gray">February 11</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: gray">Q4 2021 results</FONT></TD></TR>
  <TR>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: gray">April 28</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: gray">Q1 2022 results</FONT></TD></TR>
  <TR>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: gray">May 4</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: gray">2022 AGM<SUP>1</SUP></FONT></TD></TR>
  <TR>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: gray">July 28</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: gray">Q2 2022 results</FONT></TD></TR>
  <TR>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: gray">October 27</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: gray">Q3 2022 results</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #000640">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #000640"><B>For further information, please contact</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #000640">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 59%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>Press:</B></FONT></TD>
    <TD STYLE="width: 41%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>Investors:</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Vivian Kobeh, Corporate Communications Director</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Michel Morin, VP Investor Relations</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">+1 (786) 628-5300</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">+1 (786) 628-5270</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">press@millicom.com</FONT></TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">investors@millicom.com</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Yocasta Valdez, Group Manager Digital Media &amp; Communications</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">Sarah Inmon, Director Investor Relations</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">+1 (305) 929-541</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">+1 (786) 628-5303</FONT></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">press@millicom.com</FONT></TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #808285">investors@millicom.com</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #000640">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #000640"><B>About Millicom</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #000640">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="color: #808285">Millicom (NASDAQ U.S.:
TIGO, Nasdaq Stockholm: TIGO_SDB) is a leading provider of fixed and mobile services dedicated to emerging markets in Latin America and
Africa. Millicom sets the pace when it comes to providing high- speed broadband and innovation around The Digital Lifestyle<SUP>&reg;</SUP>
services through its principal brand, TIGO. As of December 31, 2020, Millicom operating subsidiaries and joint ventures employed more
than 21,000 people and provided mobile services to approximately 55 million customers, with a cable footprint of more than 12 million
homes passed. Founded in 1990, Millicom International Cellular S.A. is headquartered in Luxembourg. For more information, visit: </FONT><FONT STYLE="color: blue"><B><U>millicom.com</U></B></FONT><FONT STYLE="color: #808285">.
Connect with Millicom on </FONT><FONT STYLE="color: blue"><B><U>Twitter</U></B></FONT><FONT STYLE="color: #808285">, </FONT><FONT STYLE="color: blue"><B><U>Instagram</U></B></FONT><FONT STYLE="color: #808285">,
</FONT><FONT STYLE="color: blue"><B><U>Facebook</U></B></FONT> <FONT STYLE="color: #808285">and </FONT><FONT STYLE="color: blue"><B><U>LinkedIn</U></B></FONT><FONT STYLE="color: #808285">.</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"></P>


<P STYLE="margin: 0"></P>

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<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="color: gray"><B><I><SUP>1</SUP></I></B><I> The deadline
for submitting additional items to the 2022 AGM is April 12, 2022</I></FONT>.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

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    <!-- Field: /Page -->

<P STYLE="font: 14pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #000640"><B>Forward-Looking Statements</B></P>

<P STYLE="font: 14pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #000640">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #808285">Statements included herein that
are not historical facts, including without limitation statements concerning future strategy, plans, objectives, expectations and intentions,
projected financial results, liquidity, growth and prospects, are forward-looking statements. Such forward-looking statements involve
a number of risks and uncertainties and are subject to change at any time. In the event such risks or uncertainties materialize, Millicom&rsquo;s
results could be materially adversely affected. In particular, there is uncertainty about the spread of the COVID-19 virus and the impact
it may have on Millicom's operations, the demand for Millicom's products and services, global supply chains and economic activity in general.
The risks and uncertainties include, but are not limited to, the following:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #808285">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; color: #808285"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">&bull;</TD><TD>global economic conditions and foreign exchange rate fluctuations as well as local economic conditions in the markets we serve;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; color: #808285"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">&bull;</TD><TD>potential disruption due to diseases, pandemics, political events, piracy or acts by terrorists, including the impact of the recent
outbreak of the COVID-19 virus and the ongoing efforts throughout the world to contain it;&#9;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; color: #808285"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">&bull;</TD><TD>telecommunications usage levels, including traffic and customer growth;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; color: #808285"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">&bull;</TD><TD>competitive forces, including pricing pressures, the ability to connect to other operators&rsquo; networks and our ability to retain
market share in the face of competition from existing and new market entrants as well as industry consolidation;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; color: #808285"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">&bull;</TD><TD>legal or regulatory developments and changes, or changes in governmental policy, including with respect to the availability of spectrum
and licenses, the level of tariffs, tax matters, the terms of interconnection, customer access and international settlement arrangements;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; color: #808285"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">&bull;</TD><TD>adverse legal or regulatory disputes or proceedings;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; color: #808285"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">&bull;</TD><TD>the success of our business, operating and financing initiatives and strategies, including partnerships and capital expenditure plans;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; color: #808285"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">&bull;</TD><TD>the level and timing of the growth and profitability of new initiatives, start-up costs associated with entering new markets, the
successful deployment of new systems and applications to support new initiatives;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; color: #808285"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">&bull;</TD><TD>relationships with key suppliers and costs of handsets and other equipment;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; color: #808285"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">&bull;</TD><TD>our ability to successfully pursue acquisitions, investments or merger opportunities, integrate any acquired businesses in a timely
and cost-effective manner and achieve the expected benefits of such transactions;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; color: #808285"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">&bull;</TD><TD>the availability, terms and use of capital, the impact of regulatory and competitive developments on capital outlays, the ability
to achieve cost savings and realize productivity improvements;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; color: #808285"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">&bull;</TD><TD>technological development and evolving industry standards, including challenges in meeting customer demand for new technology and
the cost of upgrading existing infrastructure;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; color: #808285"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">&bull;</TD><TD>the capacity to upstream cash generated in operations through dividends, royalties, management fees and repayment of shareholder loans;
and</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; color: #808285"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">&bull;</TD><TD>other factors or trends affecting our financial condition or results of operations.&#9;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #808285">A further list and description
of risks, uncertainties and other matters can be found in Millicom&rsquo;s Registration Statement on Form 20-F, including those risks
outlined in &ldquo;Item 3. Key Information&mdash;D. Risk Factors,&rdquo; and in Millicom&rsquo;s subsequent U.S. Securities and Exchange
Commission filings, all of which are available at www.sec.gov. To the extent COVID-19</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #808285">&nbsp;</P>


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<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #808285">adversely affects Millicom's business
and financial results, it may also have the effect of heightening many of the risks described in its filings.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #808285">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #808285">All forward-looking statements
attributable to us or any person acting on our behalf are expressly qualified in their entirety by this cautionary statement. Readers
are cautioned not to place undue reliance on these forward-looking statements that speak only as of the date hereof. Except to the extent
otherwise required by applicable law, we do not undertake any obligation to update or revise forward-looking statements, whether as a
result of new information, future events or otherwise.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #808285">&nbsp;</P>


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<P STYLE="font: 14pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #000640"><B>Non IFRS Measures</B></P>

<P STYLE="font: 14pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #000640">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #808285">This press release contains financial
measures not prepared in accordance with IFRS. These measures are referred to as &ldquo;non-IFRS&rdquo; measures and include: non-IFRS
service revenue, non-IFRS EBITDA, and non-IFRS Capex, among others defined below. Annual growth rates for these non-IFRS measures are
often expressed in organic constant currency terms to exclude the effect of changes in foreign exchange rates, the adoption of new accounting
standards, and are proforma for material changes in perimeter due to acquisitions and divestitures. The non-IFRS financial measures are
presented in this press release as Millicom&rsquo;s management believes they provide investors with an additional information for the
analysis of Millicom&rsquo;s results of operations, particularly in evaluating performance from one period to another. Millicom&rsquo;s
management uses non-IFRS financial measures to make operating decisions, as they facilitate additional internal comparisons of Millicom&rsquo;s
performance to historical results and to competitors' results, and provides them to investors as a supplement to Millicom&rsquo;s reported
results to provide additional insight into Millicom&rsquo;s operating performance. Millicom&rsquo;s Remuneration Committee uses certain
non-IFRS measures when assessing the performance and compensation of employees, including Millicom&rsquo;s executive directors.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #808285">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #808285">The non-IFRS financial measures
used by Millicom may be calculated differently from, and therefore may not be comparable to, similarly titled measures used by other companies
- refer to the section &ldquo;Non-IFRS Financial Measure Descriptions&rdquo; for additional information. In addition, these non-IFRS measures
should not be considered in isolation as a substitute for, or as superior to, financial measures calculated in accordance with IFRS, and
Millicom&rsquo;s financial results calculated in accordance with IFRS and reconciliations to those financial statements should be carefully
evaluated.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #808285">&nbsp;</P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #000640"><B>Financial Measure Descriptions</B></P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #000640">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="color: #001F5F"><B>Service revenue</B></FONT>
<FONT STYLE="color: #808285">is revenue related to the provision of ongoing services such as monthly subscription fees, airtime and data
usage fees, interconnection fees, roaming fees, mobile finance service commissions and fees from other telecommunications services such
as data services, short message services, installation fees and other value-added services excluding telephone and equipment sales. </FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="color: #001F5F"><B>EBITDA</B></FONT>
<FONT STYLE="color: #808285">is operating profit excluding impairment losses, depreciation and amortization, and gains/losses on fixed
asset disposals. In respect of the segments Latam or Africa it is shown after the allocation of Corporate Costs and inter-company eliminations.
</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="color: #001F5F"><B>EBITDA after Leases
(EBITDAaL) </B></FONT><FONT STYLE="color: #808285">represents EBITDA excluding lease interest and principal repayments. </FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="color: #001F5F"><B>EBITDA Margin</B></FONT>
<FONT STYLE="color: #808285">represents EBITDA in relation to Revenue.</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="color: #001F5F"><B>Proportionate EBITDA</B></FONT>
<FONT STYLE="color: #808285">is the sum of the EBITDA in every country where Millicom operates, including its Guatemala and Honduras joint
ventures, pro rata for Millicom&rsquo;s ownership stake in each country.</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="color: #001F5F"><B>Organic growth</B></FONT>
<FONT STYLE="color: #808285">represents year-on-year growth excluding the impact of changes in FX rates, perimeter, and accounting. Changes
in perimeter are the result of acquisitions and divestitures. Results from divested assets are immediately removed from both periods,
whereas the results from acquired assets are included in both periods at the beginning (January 1) of the first full calendar year of
ownership.</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="color: #001F5F"><B>Net debt</B></FONT>
<FONT STYLE="color: #808285">is Debt and financial liabilities less cash and pledge and time deposits.</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="color: #001F5F"><B>Net financial obligations</B></FONT>
<FONT STYLE="color: #808285">is Net debt plus lease liabilities.</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="color: #001F5F"><B>Proportionate financial
obligations</B></FONT> <FONT STYLE="color: #808285">is the sum of the net financial obligations in every country where Millicom operates,
including its Guatemala and Honduras joint ventures, pro rata for Millicom&rsquo;s ownership stake in each country. </FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="color: #001F5F"><B>Leverage</B></FONT>
<FONT STYLE="color: #808285">is the ratio of net financial obligations over LTM (Last twelve month) EBITDA, proforma for acquisitions
made during the last twelve months.</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>


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<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="color: #001F5F"><B>Leverage after
leases</B></FONT> <FONT STYLE="color: #808285">is the ratio of net debt over LTM (Last twelve month) EBITDA after leases, proforma for
acquisitions made during the last twelve months. </FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="color: #001F5F"><B>Proportionate leverage</B></FONT>
<FONT STYLE="color: #808285">is the ratio of proportionate net financial obligations over LTM proportionate EBITDA, proforma for acquisitions
made during the last twelve months.</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="color: #001F5F"><B>Proportionate leverage
after leases</B></FONT> <FONT STYLE="color: #808285">is the ratio of proportionate net debt over LTM (Last twelve month) EBITDA after
leases, proforma for acquisitions made during the last twelve months. </FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="color: #001F5F"><B>Capex</B></FONT>
<FONT STYLE="color: #808285">is balance sheet capital expenditure excluding spectrum and license costs and lease capitalizations. </FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="color: #001F5F"><B>Cash Capex</B></FONT>
<FONT STYLE="color: #808285">represents the cash spent in relation to capital expenditure, excluding spectrum and licenses costs. </FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="color: #001F5F"><B>Operating Cash
Flow (OCF)</B></FONT> <FONT STYLE="color: #808285">is EBITDA less Capex. </FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="color: #001F5F"><B>Operating Free
Cash Flow (OFCF) </B></FONT> <FONT STYLE="color: #808285">is OCF less changes in working capital and other non-cash items and taxes paid.
</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="color: #001F5F"><B>Equity Free Cash
Flow (EFCF)</B></FONT> <FONT STYLE="color: #808285">is OFCF less finance charges paid (net), less advances for dividends to non-controlling
interests, plus dividends received from joint ventures. </FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="color: #001F5F"><B>Equity Free Cash
Flow after Leases (EFCFaL</B>) </FONT><FONT STYLE="color: #808285">is EFCF, less lease principal repayments.</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="color: #001F5F"><B>Operating Profit
After Tax</B></FONT> <FONT STYLE="color: #808285">displays the profit generated from the operations of the company after statutory taxes.
</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="color: #001F5F"><B>Return on Invested
Capital (ROIC)</B></FONT> <FONT STYLE="color: #808285">is used to assess the Group&rsquo;s efficiency at allocating the capital under
its control to and is defined as Operating Profit After Tax, including Guatemala and Honduras as if fully consolidated, divided by the
average invested Capital during the period. </FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="color: #001F5F"><B>Average Invested
Capital</B></FONT> <FONT STYLE="color: #808285">is the capital invested in the company operation throughout the year and is calculated
with the average of opening and closing balances of the total assets minus current liabilities (excluding debt, joint ventures, accrued
interests, deferred and current tax, cash as well as investments and non-controlling interests), less assets and liabilities held for
sale.</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="color: #001F5F"><B>Underlying</B></FONT>
<FONT STYLE="color: #808285">measures, such as</FONT> <FONT STYLE="color: #001F5F"><B>Underlying service revenue</B>, <B>Underlying EBITDA</B>,
<B>Underlying equity free cash flow</B>, <B>Underlying net debt, Underlying leverage,</B></FONT> <FONT STYLE="color: #808285">etc., include
Guatemala and Honduras, as if fully consolidated.</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="color: #001F5F"><B>Average Revenue
per User per Month (ARPU)</B></FONT> <FONT STYLE="color: #808285">for our Mobile customers is (x) the total mobile and mobile financial
services revenue (excluding revenue earned from tower rentals, call center, data and mobile virtual network operator, visitor roaming,
national third parties roaming and mobile telephone equipment sales revenue) for the period, divided by (y) the average number of mobile
subscribers for the period, divided by (z) the number of months in the period. We define ARPU for our Home customers in our Latin America
segment as (x) the total Home revenue (excluding equipment sales, TV advertising and equipment rental) for the period, divided by (y)
the average number of customer relationships for the period, divided by (z) the number of months in the period. ARPU is not subject to
a standard industry definition and our definition of ARPU may be different to other industry participants.</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #000640"><B><I>Please refer to our 2020 Annual Report for a list
and description of non-IFRS measures. </I></B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #000640">&nbsp;</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt"></P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="padding: 8pt; text-align: left; background-color: rgb(0,25,60); width: 84%; vertical-align: middle"><P STYLE="font: 18pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #CBF8FF"><B>Earnings Release</B></P><P STYLE="font: 18pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #CBF8FF"></P><P STYLE="font: 14pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #CBF8FF"><B>Q3 2021</B>&nbsp;</P></TD><TD STYLE="padding: 8pt 20pt 8pt 8pt; text-align: right; background-color: rgb(0,25,60); width: 16%">&nbsp;<IMG SRC="millicom.jpg" ALT=""></TD></TR></TABLE><P STYLE="margin: 0pt">&nbsp;</P></DIV>
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<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #000640"><B>Non-IFRS Reconciliations</B></P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #000640">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #000640"><B>Reconciliation from Reported Growth to Organic Growth
for the Latam segment<SUP>1</SUP></B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #000640">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="background-color: #000640">
    <TD ROWSPAN="2" STYLE="padding-right: 2pt; width: 32%; border-top: black 1pt solid; border-left: black 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Latam Segment ($ millions)</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; width: 17%; border-top: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B><U>Revenue</U></B></FONT></TD>
    <TD STYLE="padding-right: 2pt; width: 17%; border-top: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B><U>Service Revenue</U></B></FONT></TD>
    <TD STYLE="padding-right: 2pt; width: 17%; border-top: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B><U>EBITDA</U></B></FONT></TD>
    <TD STYLE="padding-right: 2pt; width: 17%; border-top: black 1pt solid; border-right: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B><U>OCF</U></B></FONT></TD></TR>
  <TR STYLE="background-color: #000640">
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Q3 2021</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Q3 2021</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Q3 2021</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-right: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Q3 2021</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 2pt; border-left: black 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">A- Current period</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">1,548</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">1,427</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">622</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-right: black 1pt solid; background-color: white; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">335</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 2pt; border-left: black 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">B- Prior year period</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">1,445</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">1,318</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">581</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-right: black 1pt solid; background-color: white; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">362</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 2pt; border-left: black 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>C- Reported growth (A/B)</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>7.1%</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>8.2%</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>7.1%</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-right: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>(7.3)%</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 2pt; border-left: black 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">D- FX impact</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(0.2)%</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(0.2)%</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(0.1)%</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-right: black 1pt solid; background-color: white; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(0.1)%</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 2pt; border-left: black 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">E- Other*</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(0.1)%</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(0.1)%</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(0.2)%</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-right: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(1.1)%</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 2pt; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black"><B>F- Organic Growth (C-D-E)</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>7.4%</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>8.5%</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>7.4%</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-right: black 1pt solid; border-bottom: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>(6.1)%</B></FONT></TD></TR>
  </TABLE>
<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="background-color: #000640">
    <TD ROWSPAN="2" STYLE="padding-right: 2pt; width: 32%; border-top: black 1pt solid; border-left: black 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Latam Segment ($ millions)</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; width: 17%; border-top: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B><U>Revenue</U></B></FONT></TD>
    <TD STYLE="padding-right: 2pt; width: 17%; border-top: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B><U>Service Revenue</U></B></FONT></TD>
    <TD STYLE="padding-right: 2pt; width: 17%; border-top: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B><U>EBITDA</U></B></FONT></TD>
    <TD STYLE="padding-right: 2pt; width: 17%; border-top: black 1pt solid; border-right: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B><U>OCF</U></B></FONT></TD></TR>
  <TR STYLE="background-color: #000640">
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>9M 2021</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>9M 2021</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>9M 2021</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-right: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>9M 2021</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 2pt; border-left: black 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">A- Current period</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">4,623</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">4,258</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">1,881</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-right: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">1,187</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 2pt; border-left: black 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">B- Prior year period</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">4,309</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">3,984</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">1,725</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-right: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">1,142</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 2pt; border-left: black 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>C- Reported growth (A/B)</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>7.3%</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>6.9%</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>9.0%</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-right: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>3.9%</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 2pt; border-left: black 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">D- FX impact</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(0.1)%</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(0.1)%</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(0.1)%</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-right: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(0.1)%</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 2pt; border-left: black 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">E- Other*</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(0.2)%</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(0.1)%</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">0.1%</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-right: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(0.1)%</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 2pt; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>F- Organic Growth (C-D-E)</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>7.5%</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>7.1%</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>9.0%</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-right: black 1pt solid; border-bottom: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>4.1%</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: gray"><I>*Organic growth is calculated by re-basing all periods
to the budget FX rates of the current year. This creates small differences that are captured in &quot;Other&quot;. EBITDA and OCF are
calculated excluding the allocation of corporate costs to reflect operational growth and to align with how we manage the Latam segment,
and this also creates small differences that are included in &quot;other&quot;.</I></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: gray">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #000640"><B>ARPU reconciliations </B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #000640">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="background-color: #000640">
    <TD STYLE="padding-right: 2pt; width: 56%; border-top: black 1pt solid; border-left: black 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Latam Segment - Mobile ARPU Reconciliation</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; width: 11%; border-top: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Q3 2021</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; width: 11%; border-top: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Q3 2020</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; width: 11%; border-top: black 1pt solid; border-left: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>9M 2021</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; width: 11%; border-top: black 1pt solid; border-right: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>9M 2020</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 2pt; border-left: black 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Mobile service revenue ($m)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">840</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">790</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">2,509</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-right: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">2,383</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 2pt; border-left: black 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><I>Mobile Service revenue ($m) from non Tigo customers ($m) *</I></FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><I>(8)</I></FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><I>(7)</I></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: black 1pt solid; background-color: white; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><I>(21)</I></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-right: black 1pt solid; background-color: white; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><I>(26)</I></FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 2pt; border-left: black 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Mobile Service revenue ($m) from Tigo customers (A)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">832</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">782</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">2,489</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-right: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">2,357</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 2pt; border-left: black 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Mobile customers - end of period (000)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">43,901</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">39,483</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">43,901</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-right: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">39,483</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 2pt; border-left: black 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Mobile customers - average (000) (B) **</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">43,519</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">38,630</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: black 1pt solid; background-color: white; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">42,894</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-right: black 1pt solid; background-color: white; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">39,139</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 2pt; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Mobile ARPU (USD/Month) (A/B/number of months)</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">6.4</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">6.8</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: black 1pt solid; border-left: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">6.4</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-right: black 1pt solid; border-bottom: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">6.7</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: gray"><I>* Refers to production services, MVNO, DVNO, equipment
rental revenue, call center revenue, national roaming, equipment sales, visitor roaming, tower rental, DVNE, and other non-customer driven
revenue.</I></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: gray"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: gray"><I>** Average QoQ for the quarterly view is the average
of the last quarter.</I></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: gray">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: gray"></P>


<P STYLE="margin: 0"></P>

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<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: gray"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: gray"><B><I><SUP>1</SUP></I></B><I> See Note 4 of our Unaudited
Interim Condensed Consolidated Financial Statements for details on our segments.</I></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: gray"></P>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt"></P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="padding: 8pt; text-align: left; background-color: rgb(0,25,60); width: 84%; vertical-align: middle"><P STYLE="font: 18pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #CBF8FF"><B>Earnings Release</B></P><P STYLE="font: 18pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #CBF8FF"></P><P STYLE="font: 14pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #CBF8FF"><B>Q3 2021</B>&nbsp;</P></TD><TD STYLE="padding: 8pt 20pt 8pt 8pt; text-align: right; background-color: rgb(0,25,60); width: 16%">&nbsp;<IMG SRC="millicom.jpg" ALT=""></TD></TR></TABLE><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="background-color: #000640">
    <TD STYLE="padding-right: 2pt; width: 56%; border-top: black 1pt solid; border-left: black 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Latam Segment - Home&nbsp;&nbsp;ARPU Reconciliation</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; width: 11%; border-top: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Q3 2021</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; width: 11%; border-top: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Q3 2020</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; width: 11%; border-top: black 1pt solid; border-left: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>9M 2021</B></FONT></TD>
    <TD STYLE="padding-right: 2pt; width: 11%; border-top: black 1pt solid; border-right: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>9M 2020</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 2pt; border-left: black 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Home service revenue ($m)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">416</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">371</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">1,238</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-right: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">1,122</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 2pt; border-left: black 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><I>Home service revenue ($m) from non Tigo customers ($m) *</I></FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><I>(10)</I></FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><I>(8)</I></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><I>(25)</I></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-right: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><I>(23)</I></FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 2pt; border-left: black 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Home service revenue ($m) from Tigo customers (A)</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">407</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">363</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">1,212</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-right: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">1,099</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 2pt; border-left: black 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Customer Relationships - end of period (000) **</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">4,857</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">4,453</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">4,857</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-right: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">4,453</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 2pt; border-left: black 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Customer Relationships - average (000)&nbsp;&nbsp;(B) ***</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">4,824</FONT></TD>
    <TD STYLE="padding-right: 2pt; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">4,374</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">4,724</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-right: black 1pt solid; background-color: white; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">4,370</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 2pt; border-bottom: black 1pt solid; border-left: black 1pt solid; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Home ARPU (USD/Month) (A/B/number of months)</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">28.1</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">27.7</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: black 1pt solid; border-left: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">28.5</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-right: black 1pt solid; border-bottom: black 1pt solid; text-align: center; padding-left: 2pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">27.9</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: gray"><I>* TV advertising, production services, equipment rental
revenue, call center revenue, equipment sales and other non customer driven revenue.</I></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: gray"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: gray"><I>** Represented by homes connected all technologies
(HFC + Other Technologies + DTH &amp; Wimax RGUs).</I>&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: gray"><I>*** Average QoQ for the quarterly view is the average
of the last quarter.</I></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: gray">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #000640"><B>One-off Summary - Items above EBITDA only</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #000640">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="background-color: #000640">
    <TD STYLE="padding: 2pt; border-top: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>2021</B></FONT></TD>
    <TD COLSPAN="2" STYLE="padding: 2pt; border-top: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Q3 2021</B></FONT></TD>
    <TD COLSPAN="2" STYLE="padding: 2pt; border-top: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>9M 2021</B></FONT></TD>
    <TD STYLE="padding: 2pt; vertical-align: bottom; border-top: black 1pt solid; border-right: black 1pt solid; border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: #000640">
    <TD STYLE="padding: 2pt; width: 18%; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>($ millions)</B></FONT></TD>
    <TD STYLE="padding: 2pt; width: 8%; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Revenue</B></FONT></TD>
    <TD STYLE="padding: 2pt; width: 8%; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>EBITDA</B></FONT></TD>
    <TD STYLE="padding: 2pt; width: 8%; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Revenue</B></FONT></TD>
    <TD STYLE="padding: 2pt; width: 8%; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>EBITDA</B></FONT></TD>
    <TD STYLE="padding: 2pt; width: 50%; border-right: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Comment (Q3 2021)</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-bottom: black 1pt solid; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">Paraguay</FONT></TD>
    <TD STYLE="padding: 2pt; vertical-align: bottom; border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">&mdash;</FONT></TD>
    <TD STYLE="padding: 2pt; vertical-align: bottom; border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">&mdash;</FONT></TD>
    <TD STYLE="padding: 2pt; vertical-align: bottom; border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">(4)</FONT></TD>
    <TD STYLE="padding: 2pt; vertical-align: bottom; border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">(4)</FONT></TD>
    <TD STYLE="padding: 2pt; vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; text-align: center">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-bottom: black 1pt solid; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black"><B>Latam Total</B></FONT></TD>
    <TD STYLE="padding: 2pt; vertical-align: bottom; border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black"><B>&mdash;</B></FONT></TD>
    <TD STYLE="padding: 2pt; vertical-align: bottom; border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black"><B>&mdash;</B></FONT></TD>
    <TD STYLE="padding: 2pt; vertical-align: bottom; border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black"><B>(4)</B></FONT></TD>
    <TD STYLE="padding: 2pt; vertical-align: bottom; border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black"><B>(4)</B></FONT></TD>
    <TD STYLE="padding: 2pt; vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; text-align: center">&nbsp;</TD></TR>
  </TABLE>
<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="background-color: #000640">
    <TD STYLE="padding: 2pt; border-top: black 1pt solid; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>2020</B></FONT></TD>
    <TD COLSPAN="2" STYLE="padding: 2pt; border-top: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Q3 2020</B></FONT></TD>
    <TD COLSPAN="2" STYLE="padding: 2pt; border-top: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>9M 2020</B></FONT></TD>
    <TD STYLE="padding: 2pt; vertical-align: bottom; border-top: black 1pt solid; border-right: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="background-color: #000640">
    <TD STYLE="padding: 2pt; width: 18%; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>($ millions)</B></FONT></TD>
    <TD STYLE="padding: 2pt; width: 8%; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Revenue</B></FONT></TD>
    <TD STYLE="padding: 2pt; width: 8%; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>EBITDA</B></FONT></TD>
    <TD STYLE="padding: 2pt; width: 8%; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Revenue</B></FONT></TD>
    <TD STYLE="padding: 2pt; width: 8%; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>EBITDA</B></FONT></TD>
    <TD STYLE="padding: 2pt; width: 50%; border-right: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Comment (Q3 2020)</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-bottom: black 1pt solid; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Nicaragua</FONT></TD>
    <TD STYLE="padding: 2pt; border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">&mdash;</FONT></TD>
    <TD STYLE="padding: 2pt; border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">&mdash;</FONT></TD>
    <TD STYLE="padding: 2pt; border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">&mdash;</FONT></TD>
    <TD STYLE="padding: 2pt; border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(8)</FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-bottom: black 1pt solid; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Latam Total</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>&mdash;</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>&mdash;</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>&mdash;</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>(8)</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; border-bottom: black 1pt solid">&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #000640">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #000640"><B>Foreign Exchange rates used to support FX impact
calculations in the above Organic Growth reconciliations</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #000640">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="background-color: #000640">
    <TD STYLE="padding: 2pt; vertical-align: bottom; border-top: black 1pt solid; border-left: black 1pt solid">&nbsp;</TD>
    <TD STYLE="padding: 2pt; vertical-align: bottom; border-top: black 1pt solid; border-right: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="5" STYLE="padding: 2pt; vertical-align: top; border-top: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B><U>Average FX rate (vs. USD)</U></B></FONT></TD>
    <TD COLSPAN="5" STYLE="padding: 2pt; vertical-align: top; border-top: black 1pt solid; border-right: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B><U>End of period FX rate (vs. USD)</U></B></FONT></TD></TR>
  <TR STYLE="background-color: #000640">
    <TD STYLE="padding: 2pt; vertical-align: bottom; width: 14%; border-left: black 1pt solid">&nbsp;</TD>
    <TD STYLE="padding: 2pt; vertical-align: bottom; width: 6%">&nbsp;</TD>
    <TD STYLE="padding: 2pt; width: 8%; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Q3 21</B></FONT></TD>
    <TD STYLE="padding: 2pt; width: 8%; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Q2 21</B></FONT></TD>
    <TD STYLE="padding: 2pt; width: 8%; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>QoQ</B></FONT></TD>
    <TD STYLE="padding: 2pt; width: 8%; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Q3 20</B></FONT></TD>
    <TD STYLE="padding: 2pt; width: 8%; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>YoY</B></FONT></TD>
    <TD STYLE="padding: 2pt; width: 8%; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Q3 21</B></FONT></TD>
    <TD STYLE="padding: 2pt; width: 8%; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Q2 21</B></FONT></TD>
    <TD STYLE="padding: 2pt; width: 8%; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>QoQ</B></FONT></TD>
    <TD STYLE="padding: 2pt; width: 8%; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Q3 20</B></FONT></TD>
    <TD STYLE="padding: 2pt; width: 8%; border-right: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>YoY</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Bolivia</FONT></TD>
    <TD STYLE="padding: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">BOB</FONT></TD>
    <TD STYLE="padding: 2pt; vertical-align: bottom; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">6.91</FONT></TD>
    <TD STYLE="padding: 2pt; vertical-align: bottom; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">6.91</FONT></TD>
    <TD STYLE="padding: 2pt; vertical-align: bottom; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">0.0%</FONT></TD>
    <TD STYLE="padding: 2pt; vertical-align: bottom; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">6.91</FONT></TD>
    <TD STYLE="padding: 2pt; vertical-align: bottom; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">0.0%</FONT></TD>
    <TD STYLE="padding: 2pt; vertical-align: bottom; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">6.91</FONT></TD>
    <TD STYLE="padding: 2pt; vertical-align: bottom; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">6.91</FONT></TD>
    <TD STYLE="padding: 2pt; vertical-align: bottom; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">0.0%</FONT></TD>
    <TD STYLE="padding: 2pt; vertical-align: bottom; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">6.91</FONT></TD>
    <TD STYLE="padding: 2pt; vertical-align: bottom; border-right: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">0.0%</FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Colombia</FONT></TD>
    <TD STYLE="padding: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">COP</FONT></TD>
    <TD STYLE="padding: 2pt; vertical-align: bottom; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">3,705</FONT></TD>
    <TD STYLE="padding: 2pt; vertical-align: bottom; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">3,730</FONT></TD>
    <TD STYLE="padding: 2pt; vertical-align: bottom; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">0.7%</FONT></TD>
    <TD STYLE="padding: 2pt; vertical-align: bottom; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">3,784</FONT></TD>
    <TD STYLE="padding: 2pt; vertical-align: bottom; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">2.2%</FONT></TD>
    <TD STYLE="padding: 2pt; vertical-align: bottom; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">3,835</FONT></TD>
    <TD STYLE="padding: 2pt; vertical-align: bottom; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">3,757</FONT></TD>
    <TD STYLE="padding: 2pt; vertical-align: bottom; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(2.0)%</FONT></TD>
    <TD STYLE="padding: 2pt; vertical-align: bottom; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">3,879</FONT></TD>
    <TD STYLE="padding: 2pt; vertical-align: bottom; border-right: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">1.2%</FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Costa Rica</FONT></TD>
    <TD STYLE="padding: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">CRC</FONT></TD>
    <TD STYLE="padding: 2pt; vertical-align: bottom; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">621</FONT></TD>
    <TD STYLE="padding: 2pt; vertical-align: bottom; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">619</FONT></TD>
    <TD STYLE="padding: 2pt; vertical-align: bottom; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(0.2)%</FONT></TD>
    <TD STYLE="padding: 2pt; vertical-align: bottom; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">594</FONT></TD>
    <TD STYLE="padding: 2pt; vertical-align: bottom; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(4.3)%</FONT></TD>
    <TD STYLE="padding: 2pt; vertical-align: bottom; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">630</FONT></TD>
    <TD STYLE="padding: 2pt; vertical-align: bottom; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">622</FONT></TD>
    <TD STYLE="padding: 2pt; vertical-align: bottom; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(1.2)%</FONT></TD>
    <TD STYLE="padding: 2pt; vertical-align: bottom; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">607</FONT></TD>
    <TD STYLE="padding: 2pt; vertical-align: bottom; border-right: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(3.7)%</FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Guatemala</FONT></TD>
    <TD STYLE="padding: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">GTQ</FONT></TD>
    <TD STYLE="padding: 2pt; vertical-align: bottom; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">7.74</FONT></TD>
    <TD STYLE="padding: 2pt; vertical-align: bottom; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">7.72</FONT></TD>
    <TD STYLE="padding: 2pt; vertical-align: bottom; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(0.2)%</FONT></TD>
    <TD STYLE="padding: 2pt; vertical-align: bottom; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">7.73</FONT></TD>
    <TD STYLE="padding: 2pt; vertical-align: bottom; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(0.1)%</FONT></TD>
    <TD STYLE="padding: 2pt; vertical-align: bottom; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">7.73</FONT></TD>
    <TD STYLE="padding: 2pt; vertical-align: bottom; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">7.74</FONT></TD>
    <TD STYLE="padding: 2pt; vertical-align: bottom; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">0.1%</FONT></TD>
    <TD STYLE="padding: 2pt; vertical-align: bottom; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">7.79</FONT></TD>
    <TD STYLE="padding: 2pt; vertical-align: bottom; border-right: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">0.7%</FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Honduras</FONT></TD>
    <TD STYLE="padding: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">HNL</FONT></TD>
    <TD STYLE="padding: 2pt; vertical-align: bottom; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">24.07</FONT></TD>
    <TD STYLE="padding: 2pt; vertical-align: bottom; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">24.06</FONT></TD>
    <TD STYLE="padding: 2pt; vertical-align: bottom; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">0.0%</FONT></TD>
    <TD STYLE="padding: 2pt; vertical-align: bottom; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">24.66</FONT></TD>
    <TD STYLE="padding: 2pt; vertical-align: bottom; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">2.4%</FONT></TD>
    <TD STYLE="padding: 2pt; vertical-align: bottom; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">24.17</FONT></TD>
    <TD STYLE="padding: 2pt; vertical-align: bottom; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">23.95</FONT></TD>
    <TD STYLE="padding: 2pt; vertical-align: bottom; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(0.9)%</FONT></TD>
    <TD STYLE="padding: 2pt; vertical-align: bottom; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">24.53</FONT></TD>
    <TD STYLE="padding: 2pt; vertical-align: bottom; border-right: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">1.5%</FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Nicaragua</FONT></TD>
    <TD STYLE="padding: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">NIO</FONT></TD>
    <TD STYLE="padding: 2pt; vertical-align: bottom; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">35.08</FONT></TD>
    <TD STYLE="padding: 2pt; vertical-align: bottom; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">35.08</FONT></TD>
    <TD STYLE="padding: 2pt; vertical-align: bottom; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">0.0%</FONT></TD>
    <TD STYLE="padding: 2pt; vertical-align: bottom; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">34.47</FONT></TD>
    <TD STYLE="padding: 2pt; vertical-align: bottom; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(1.8)%</FONT></TD>
    <TD STYLE="padding: 2pt; vertical-align: bottom; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">35.34</FONT></TD>
    <TD STYLE="padding: 2pt; vertical-align: bottom; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">35.17</FONT></TD>
    <TD STYLE="padding: 2pt; vertical-align: bottom; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(0.5)%</FONT></TD>
    <TD STYLE="padding: 2pt; vertical-align: bottom; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">34.60</FONT></TD>
    <TD STYLE="padding: 2pt; vertical-align: bottom; border-right: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(2.1)%</FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Paraguay</FONT></TD>
    <TD STYLE="padding: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">PYG</FONT></TD>
    <TD STYLE="padding: 2pt; vertical-align: bottom; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">6,764</FONT></TD>
    <TD STYLE="padding: 2pt; vertical-align: bottom; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">6,604</FONT></TD>
    <TD STYLE="padding: 2pt; vertical-align: bottom; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(2.4)%</FONT></TD>
    <TD STYLE="padding: 2pt; vertical-align: bottom; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">6,921</FONT></TD>
    <TD STYLE="padding: 2pt; vertical-align: bottom; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">2.3%</FONT></TD>
    <TD STYLE="padding: 2pt; vertical-align: bottom; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">6,914</FONT></TD>
    <TD STYLE="padding: 2pt; vertical-align: bottom; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">6,754</FONT></TD>
    <TD STYLE="padding: 2pt; vertical-align: bottom; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(2.3)%</FONT></TD>
    <TD STYLE="padding: 2pt; vertical-align: bottom; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">6,990</FONT></TD>
    <TD STYLE="padding: 2pt; vertical-align: bottom; border-right: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">1.1%</FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-bottom: black 1pt solid; border-left: black 1pt solid; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Tanzania</FONT></TD>
    <TD STYLE="padding: 2pt; border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">TZS</FONT></TD>
    <TD STYLE="padding: 2pt; vertical-align: bottom; border-bottom: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">2,315</FONT></TD>
    <TD STYLE="padding: 2pt; vertical-align: bottom; border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">2,318</FONT></TD>
    <TD STYLE="padding: 2pt; vertical-align: bottom; border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">0.1%</FONT></TD>
    <TD STYLE="padding: 2pt; vertical-align: bottom; border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">2,317</FONT></TD>
    <TD STYLE="padding: 2pt; vertical-align: bottom; border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">0.1%</FONT></TD>
    <TD STYLE="padding: 2pt; vertical-align: bottom; border-bottom: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">2,307</FONT></TD>
    <TD STYLE="padding: 2pt; vertical-align: bottom; border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">2,317</FONT></TD>
    <TD STYLE="padding: 2pt; vertical-align: bottom; border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">0.5%</FONT></TD>
    <TD STYLE="padding: 2pt; vertical-align: bottom; border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">2,319</FONT></TD>
    <TD STYLE="padding: 2pt; vertical-align: bottom; border-right: black 1pt solid; border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">0.5%</FONT></TD></TR>
  </TABLE>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt"></P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="padding: 8pt; text-align: left; background-color: rgb(0,25,60); width: 84%; vertical-align: middle"><P STYLE="font: 18pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #CBF8FF"><B>Earnings Release</B></P><P STYLE="font: 18pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #CBF8FF"></P><P STYLE="font: 14pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #CBF8FF"><B>Q3 2021</B>&nbsp;</P></TD><TD STYLE="padding: 8pt 20pt 8pt 8pt; text-align: right; background-color: rgb(0,25,60); width: 16%">&nbsp;<IMG SRC="millicom.jpg" ALT=""></TD></TR></TABLE><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #000640"><B>Reconciliation of Net financial obligations to EBITDA
to Proportionate net financial obligations to EBITDA as of September 30, 2021 </B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #000640">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="background-color: #000640">
    <TD STYLE="padding: 2pt; border-top: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Debt Information - September 30, 2021</B></FONT></TD>
    <TD COLSPAN="3" STYLE="padding: 2pt; border-top: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B><U>Financial obligations</U></B></FONT></TD>
    <TD STYLE="padding: 2pt; border-top: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B><U>EBITDA</U></B></FONT></TD>
    <TD STYLE="padding: 2pt; border-top: black 1pt solid; border-right: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B><U>Leverage</U></B></FONT></TD></TR>
  <TR STYLE="background-color: #000640">
    <TD STYLE="padding: 2pt; width: 50%; border-left: black 1pt solid; border-bottom: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>$ millions</B></FONT></TD>
    <TD STYLE="padding: 2pt; width: 10%; border-top: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Gross</B></FONT></TD>
    <TD STYLE="padding: 2pt; width: 10%; border-left: black 1pt solid; border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Cash</B></FONT></TD>
    <TD STYLE="padding: 2pt; width: 10%; border-left: black 1pt solid; border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Net</B></FONT></TD>
    <TD STYLE="padding: 2pt; vertical-align: bottom; width: 10%; border-left: black 1pt solid; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="padding: 2pt; vertical-align: bottom; width: 10%; border: black 1pt solid">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>Millicom Group (IFRS)</B></FONT></TD>
    <TD STYLE="padding: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>6,219</B></FONT></TD>
    <TD STYLE="padding: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>723</B></FONT></TD>
    <TD STYLE="padding: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>5,496</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>1,549</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; text-align: center">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Plus: Guatemala</FONT></TD>
    <TD STYLE="padding: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">619</FONT></TD>
    <TD STYLE="padding: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">200</FONT></TD>
    <TD STYLE="padding: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">420</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">856</FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; text-align: center">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Plus: Honduras</FONT></TD>
    <TD STYLE="padding: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">381</FONT></TD>
    <TD STYLE="padding: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">61</FONT></TD>
    <TD STYLE="padding: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">320</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">265</FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; text-align: center">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Less: Corporate Costs</FONT></TD>
    <TD STYLE="padding: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">&mdash;</FONT></TD>
    <TD STYLE="padding: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">&mdash;</FONT></TD>
    <TD STYLE="padding: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">&mdash;</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">29</FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; text-align: center">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>Underlying Millicom Group (Non-IFRS)</B></FONT></TD>
    <TD STYLE="padding: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>7,220</B></FONT></TD>
    <TD STYLE="padding: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>984</B></FONT></TD>
    <TD STYLE="padding: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>6,236</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>2,641</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>2.36x</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Less: 50% Minority Stake in Colombia</FONT></TD>
    <TD STYLE="padding: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">501</FONT></TD>
    <TD STYLE="padding: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">49</FONT></TD>
    <TD STYLE="padding: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">452</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">225</FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; text-align: center">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Less: 45% Minority Stake in Guatemala</FONT></TD>
    <TD STYLE="padding: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">279</FONT></TD>
    <TD STYLE="padding: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">91</FONT></TD>
    <TD STYLE="padding: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">188</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">385</FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; text-align: center">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Less: 33% Minority Stake in Honduras</FONT></TD>
    <TD STYLE="padding: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">127</FONT></TD>
    <TD STYLE="padding: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">20</FONT></TD>
    <TD STYLE="padding: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">107</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">88</FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; text-align: center">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Less: 20% Minority Stake in Panama</FONT></TD>
    <TD STYLE="padding: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">194</FONT></TD>
    <TD STYLE="padding: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">16</FONT></TD>
    <TD STYLE="padding: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">179</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">54</FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; text-align: center">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Less: 1.5% Minority Stake in Tanzania</FONT></TD>
    <TD STYLE="padding: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">6</FONT></TD>
    <TD STYLE="padding: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">&mdash;</FONT></TD>
    <TD STYLE="padding: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">6</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">2</FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; text-align: center">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-bottom: black 1pt solid; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>Proportionate Millicom Group (Non-IFRS)</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>6,113</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>808</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>5,305</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-bottom: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>1,887</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>2.81x</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #000640">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #000640"><B>Capex Reconciliation</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #000640">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="background-color: #000640">
    <TD STYLE="padding: 2pt; width: 53%; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Capex Reconciliation</B></FONT></TD>
    <TD STYLE="padding: 2pt; width: 12%; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Q3 2021</B></FONT></TD>
    <TD STYLE="padding: 2pt; width: 11%; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Q3 2020</B></FONT></TD>
    <TD STYLE="padding: 2pt; width: 12%; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>9M 2021</B></FONT></TD>
    <TD STYLE="padding: 2pt; width: 12%; border-left: black 1pt solid; border-right: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>9M 2020</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>Consolidated:</B></FONT></TD>
    <TD STYLE="padding: 2pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding: 2pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center">&nbsp;</TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; text-align: center">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Additions to property, plant and equipment</FONT></TD>
    <TD STYLE="padding: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">189</FONT></TD>
    <TD STYLE="padding: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">149</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">450</FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">388</FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Additions to licenses and other intangibles</FONT></TD>
    <TD STYLE="padding: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">64</FONT></TD>
    <TD STYLE="padding: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">34</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">98</FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">497</FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><I>Of which spectrum and license costs</I></FONT></TD>
    <TD STYLE="padding: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><I>24</I></FONT></TD>
    <TD STYLE="padding: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><I>7</I></FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><I>10</I></FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><I>427</I></FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>Total consolidated additions</B></FONT></TD>
    <TD STYLE="padding: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>253</B></FONT></TD>
    <TD STYLE="padding: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>182</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>548</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>885</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-bottom: black 1pt solid; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><I>Of which capital expenditures related to corporate offices</I></FONT></TD>
    <TD STYLE="padding: 2pt; border-bottom: black 1pt solid; background-color: white; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><I>3</I></FONT></TD>
    <TD STYLE="padding: 2pt; border-bottom: black 1pt solid; background-color: white; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><I>1</I></FONT></TD>
    <TD STYLE="padding: 2pt; border-bottom: black 1pt solid; border-left: black 1pt solid; background-color: white; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><I>7</I></FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; border-bottom: black 1pt solid; background-color: white; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><I>6</I></FONT></TD></TR>
  </TABLE>
<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="background-color: #000640">
    <TD STYLE="padding: 2pt; width: 53%; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Latin America Segment</B></FONT></TD>
    <TD STYLE="padding: 2pt; width: 12%; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Q3 2021</B></FONT></TD>
    <TD STYLE="padding: 2pt; width: 11%; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Q3 2020</B></FONT></TD>
    <TD STYLE="padding: 2pt; width: 12%; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>9M 2021</B></FONT></TD>
    <TD STYLE="padding: 2pt; width: 12%; border-left: black 1pt solid; border-right: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>9M 2020</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Additions to property, plant and equipment</FONT></TD>
    <TD STYLE="padding: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">238</FONT></TD>
    <TD STYLE="padding: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">188</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">589</FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">499</FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Additions to licenses and other intangibles</FONT></TD>
    <TD STYLE="padding: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">80</FONT></TD>
    <TD STYLE="padding: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">38</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">136</FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">594</FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><I>Of which spectrum and license costs</I></FONT></TD>
    <TD STYLE="padding: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><I>30</I></FONT></TD>
    <TD STYLE="padding: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><I>7</I></FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><I>31</I></FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><I>510</I></FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Latin America Segment total additions (Underlying)</FONT></TD>
    <TD STYLE="padding: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">317</FONT></TD>
    <TD STYLE="padding: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">227</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">725</FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">1,093</FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-bottom: black 1pt solid; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>Capex excluding spectrum and license costs</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>287</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>220</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-bottom: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>694</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>583</B></FONT></TD></TR>
  </TABLE>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt"></P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="padding: 8pt; text-align: left; background-color: rgb(0,25,60); width: 84%; vertical-align: middle"><P STYLE="font: 18pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #CBF8FF"><B>Earnings Release</B></P><P STYLE="font: 18pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #CBF8FF"></P><P STYLE="font: 14pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #CBF8FF"><B>Q3 2021</B>&nbsp;</P></TD><TD STYLE="padding: 8pt 20pt 8pt 8pt; text-align: right; background-color: rgb(0,25,60); width: 16%">&nbsp;<IMG SRC="millicom.jpg" ALT=""></TD></TR></TABLE><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="background-color: #000640">
    <TD STYLE="padding: 2pt; width: 53%; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Africa Segment</B></FONT></TD>
    <TD STYLE="padding: 2pt; width: 12%; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Q3 2021</B></FONT></TD>
    <TD STYLE="padding: 2pt; width: 11%; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Q3 2020</B></FONT></TD>
    <TD STYLE="padding: 2pt; width: 12%; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>9M 2021</B></FONT></TD>
    <TD STYLE="padding: 2pt; width: 12%; border-left: black 1pt solid; border-right: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>9M 2020</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Additions to property, plant and equipment</FONT></TD>
    <TD STYLE="padding: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">11</FONT></TD>
    <TD STYLE="padding: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">11</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">25</FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">28</FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Additions to licenses and other intangibles</FONT></TD>
    <TD STYLE="padding: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">&mdash;</FONT></TD>
    <TD STYLE="padding: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">&mdash;</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">&mdash;</FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">&mdash;</FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><I>Of which spectrum and license costs</I></FONT></TD>
    <TD STYLE="padding: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><I>&mdash;</I></FONT></TD>
    <TD STYLE="padding: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><I>&mdash;</I></FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><I>&mdash;</I></FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><I>&mdash;</I></FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Africa Segment total additions</FONT></TD>
    <TD STYLE="padding: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">11</FONT></TD>
    <TD STYLE="padding: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">11</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">25</FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">28</FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-bottom: black 1pt solid; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>Capex excluding spectrum and license costs</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>11</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>11</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-bottom: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>25</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>28</B></FONT></TD></TR>
  </TABLE>
<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="background-color: #000640">
    <TD STYLE="padding: 2pt; width: 53%; border-top: black 1pt solid; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Underlying Capex</B></FONT></TD>
    <TD STYLE="padding: 2pt; width: 12%; border-top: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Q3 2021</B></FONT></TD>
    <TD STYLE="padding: 2pt; width: 11%; border-top: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Q3 2020</B></FONT></TD>
    <TD STYLE="padding: 2pt; width: 12%; border-top: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>9M 2021</B></FONT></TD>
    <TD STYLE="padding: 2pt; width: 12%; border-top: black 1pt solid; border-right: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>9M 2020</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Latam capex excluding spectrum and license cost</FONT></TD>
    <TD STYLE="padding: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">287</FONT></TD>
    <TD STYLE="padding: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">220</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">694</FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">583</FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Africa capex excluding spectrum and license cost</FONT></TD>
    <TD STYLE="padding: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">11</FONT></TD>
    <TD STYLE="padding: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">11</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">25</FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">28</FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><I>Capital expenditures related to corporate offices</I></FONT></TD>
    <TD STYLE="padding: 2pt; background-color: white; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">3</FONT></TD>
    <TD STYLE="padding: 2pt; background-color: white; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">1</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; background-color: white; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">7</FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; background-color: white; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">6</FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-bottom: black 1pt solid; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>Underlying capex excluding spectrum and license costs</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-bottom: black 1pt solid; background-color: white; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>300</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-bottom: black 1pt solid; background-color: white; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>231</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-bottom: black 1pt solid; border-left: black 1pt solid; background-color: white; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>726</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; border-bottom: black 1pt solid; background-color: white; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>618</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #000640">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #000640"><B>Equity Free Cash Flow Reconciliation</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #000640">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="background-color: #000640">
    <TD STYLE="text-indent: 0pt; padding: 2pt; width: 64%; border-top: black 1pt solid; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Cash Flow Data</B></FONT></TD>
    <TD STYLE="text-indent: 0pt; padding: 2pt; width: 9%; border-top: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Q3 2021</B></FONT></TD>
    <TD STYLE="text-indent: 0pt; padding: 2pt; width: 9%; border-top: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Q3 2020</B></FONT></TD>
    <TD STYLE="text-indent: 0pt; padding: 2pt; width: 9%; border-top: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>9M 2021</B></FONT></TD>
    <TD STYLE="text-indent: 0pt; padding: 2pt; width: 9%; border-top: black 1pt solid; border-right: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>9M 2020</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-left: black 1pt solid; padding: 2pt; text-indent: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Net cash provided by operating activities</B></FONT></TD>
    <TD STYLE="text-indent: 0pt; padding: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black"><B>237</B></FONT></TD>
    <TD STYLE="text-indent: 0pt; padding: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black"><B>201</B></FONT></TD>
    <TD STYLE="text-indent: 0pt; padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black"><B>516</B></FONT></TD>
    <TD STYLE="text-indent: 0pt; padding: 2pt; border-right: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black"><B>525</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-left: black 1pt solid; padding: 2pt; text-indent: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Purchase of property, plant and equipment</FONT></TD>
    <TD STYLE="text-indent: 0pt; padding: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">(149)</FONT></TD>
    <TD STYLE="text-indent: 0pt; padding: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">(138)</FONT></TD>
    <TD STYLE="text-indent: 0pt; padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">(479)</FONT></TD>
    <TD STYLE="text-indent: 0pt; padding: 2pt; border-right: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">(440)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-left: black 1pt solid; padding: 2pt; text-indent: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Proceeds from sale of property, plant and equipment</FONT></TD>
    <TD STYLE="text-indent: 0pt; padding: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">2</FONT></TD>
    <TD STYLE="text-indent: 0pt; padding: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">5</FONT></TD>
    <TD STYLE="text-indent: 0pt; padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">6</FONT></TD>
    <TD STYLE="text-indent: 0pt; padding: 2pt; border-right: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">6</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-left: black 1pt solid; padding: 2pt; text-indent: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Purchase of intangible assets</FONT></TD>
    <TD STYLE="text-indent: 0pt; padding: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">(29)</FONT></TD>
    <TD STYLE="text-indent: 0pt; padding: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">(35)</FONT></TD>
    <TD STYLE="text-indent: 0pt; padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">(132)</FONT></TD>
    <TD STYLE="text-indent: 0pt; padding: 2pt; border-right: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">(201)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-left: black 1pt solid; padding: 2pt; text-indent: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Proceeds from sale of intangible assets</FONT></TD>
    <TD STYLE="text-indent: 0pt; padding: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">&mdash;</FONT></TD>
    <TD STYLE="text-indent: 0pt; padding: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">&mdash;</FONT></TD>
    <TD STYLE="text-indent: 0pt; padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">&mdash;</FONT></TD>
    <TD STYLE="text-indent: 0pt; padding: 2pt; border-right: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">&mdash;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-left: black 1pt solid; padding: 2pt; text-indent: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Purchase of spectrum and licenses</FONT></TD>
    <TD STYLE="text-indent: 0pt; padding: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">4</FONT></TD>
    <TD STYLE="text-indent: 0pt; padding: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">4</FONT></TD>
    <TD STYLE="text-indent: 0pt; padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">25</FONT></TD>
    <TD STYLE="text-indent: 0pt; padding: 2pt; border-right: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">95</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-left: black 1pt solid; padding: 2pt; text-indent: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Finance charges paid, net</FONT></TD>
    <TD STYLE="text-indent: 0pt; padding: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">125</FONT></TD>
    <TD STYLE="text-indent: 0pt; padding: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">147</FONT></TD>
    <TD STYLE="text-indent: 0pt; padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">376</FONT></TD>
    <TD STYLE="text-indent: 0pt; padding: 2pt; border-right: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">416</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-left: black 1pt solid; padding: 2pt; text-indent: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Operating free cash flow</B></FONT></TD>
    <TD STYLE="text-indent: 0pt; padding: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black"><B>189</B></FONT></TD>
    <TD STYLE="text-indent: 0pt; padding: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black"><B>183</B></FONT></TD>
    <TD STYLE="text-indent: 0pt; padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black"><B>313</B></FONT></TD>
    <TD STYLE="text-indent: 0pt; padding: 2pt; border-right: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black"><B>400</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-left: black 1pt solid; padding: 2pt; text-indent: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Interest (paid), net</FONT></TD>
    <TD STYLE="text-indent: 0pt; padding: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">(125)</FONT></TD>
    <TD STYLE="text-indent: 0pt; padding: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">(147)</FONT></TD>
    <TD STYLE="text-indent: 0pt; padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">(376)</FONT></TD>
    <TD STYLE="text-indent: 0pt; padding: 2pt; border-right: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">(416)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-left: black 1pt solid; padding: 2pt; text-indent: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Free cash flow</B></FONT></TD>
    <TD STYLE="text-indent: 0pt; padding: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black"><B>64</B></FONT></TD>
    <TD STYLE="text-indent: 0pt; padding: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black"><B>36</B></FONT></TD>
    <TD STYLE="text-indent: 0pt; padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black"><B>(63)</B></FONT></TD>
    <TD STYLE="text-indent: 0pt; padding: 2pt; border-right: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black"><B>(16)</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-left: black 1pt solid; padding: 2pt; text-indent: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Dividends received from joint ventures (Guatemala and Honduras)</FONT></TD>
    <TD STYLE="text-indent: 0pt; padding: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">&mdash;</FONT></TD>
    <TD STYLE="text-indent: 0pt; padding: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">9</FONT></TD>
    <TD STYLE="text-indent: 0pt; padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">13</FONT></TD>
    <TD STYLE="text-indent: 0pt; padding: 2pt; border-right: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">67</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-left: black 1pt solid; padding: 2pt; text-indent: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Dividends paid to non-controlling interests</FONT></TD>
    <TD STYLE="text-indent: 0pt; padding: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">&mdash;</FONT></TD>
    <TD STYLE="text-indent: 0pt; padding: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">(3)</FONT></TD>
    <TD STYLE="text-indent: 0pt; padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">(6)</FONT></TD>
    <TD STYLE="text-indent: 0pt; padding: 2pt; border-right: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">(5)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-left: black 1pt solid; padding: 2pt; text-indent: 0pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Equity free cash flow</B></FONT></TD>
    <TD STYLE="text-indent: 0pt; padding: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black"><B>64</B></FONT></TD>
    <TD STYLE="text-indent: 0pt; padding: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black"><B>42</B></FONT></TD>
    <TD STYLE="text-indent: 0pt; padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black"><B>(56)</B></FONT></TD>
    <TD STYLE="text-indent: 0pt; padding: 2pt; border-right: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black"><B>46</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="text-indent: 0pt; padding: 2pt; border-left: black 1pt solid; background-color: white"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">Lease Principal Repayments</FONT></TD>
    <TD STYLE="text-indent: 0pt; padding: 2pt; background-color: white; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">(28)</FONT></TD>
    <TD STYLE="text-indent: 0pt; padding: 2pt; background-color: white; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">(30)</FONT></TD>
    <TD STYLE="text-indent: 0pt; padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">(90)</FONT></TD>
    <TD STYLE="text-indent: 0pt; padding: 2pt; border-right: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">(83)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="text-indent: 0pt; padding: 2pt; border-bottom: black 1pt solid; border-left: black 1pt solid; background-color: white"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black"><B>Equity free cash flow after leases</B></FONT></TD>
    <TD STYLE="text-indent: 0pt; padding: 2pt; border-bottom: black 1pt solid; background-color: white; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black"><B>36</B></FONT></TD>
    <TD STYLE="text-indent: 0pt; padding: 2pt; border-bottom: black 1pt solid; background-color: white; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black"><B>12</B></FONT></TD>
    <TD STYLE="text-indent: 0pt; padding: 2pt; border-bottom: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black"><B>(146)</B></FONT></TD>
    <TD STYLE="text-indent: 0pt; padding: 2pt; border-right: black 1pt solid; border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black"><B>(37)</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #000640">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #000640"><B>OCF (EBITDA- Capex) Reconciliation</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #000640">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="background-color: #000640">
    <TD STYLE="padding: 2pt; width: 52%; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Latam OCF Underlying</B></FONT></TD>
    <TD STYLE="padding: 2pt; width: 12%; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Q3 2021</B></FONT></TD>
    <TD STYLE="padding: 2pt; width: 12%; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Q3 2020</B></FONT></TD>
    <TD STYLE="padding: 2pt; width: 12%; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>9M 2021</B></FONT></TD>
    <TD STYLE="padding: 2pt; width: 12%; border-left: black 1pt solid; border-right: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>9M 2020</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Latam EBITDA</FONT></TD>
    <TD STYLE="padding: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">622</FONT></TD>
    <TD STYLE="padding: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">581</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">1,881</FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">1,725</FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(-) Capex (Ex. Spectrum)</FONT></TD>
    <TD STYLE="padding: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">287</FONT></TD>
    <TD STYLE="padding: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">220</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">694</FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">583</FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-bottom: black 1pt solid; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>Latam OCF</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>335</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>362</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-bottom: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>1,187</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>1,142</B></FONT></TD></TR>
  </TABLE>

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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt"></P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="padding: 8pt; text-align: left; background-color: rgb(0,25,60); width: 84%; vertical-align: middle"><P STYLE="font: 18pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #CBF8FF"><B>Earnings Release</B></P><P STYLE="font: 18pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #CBF8FF"></P><P STYLE="font: 14pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #CBF8FF"><B>Q3 2021</B>&nbsp;</P></TD><TD STYLE="padding: 8pt 20pt 8pt 8pt; text-align: right; background-color: rgb(0,25,60); width: 16%">&nbsp;<IMG SRC="millicom.jpg" ALT=""></TD></TR></TABLE><P STYLE="margin: 0pt">&nbsp;</P></DIV>
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<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="background-color: #000640">
    <TD STYLE="padding: 2pt; width: 52%; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Africa OCF</B></FONT></TD>
    <TD STYLE="padding: 2pt; width: 12%; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Q3 2021</B></FONT></TD>
    <TD STYLE="padding: 2pt; width: 12%; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Q3 2020</B></FONT></TD>
    <TD STYLE="padding: 2pt; width: 12%; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>9M 2021</B></FONT></TD>
    <TD STYLE="padding: 2pt; width: 12%; border-left: black 1pt solid; border-right: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>9M 2020</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Africa EBITDA</FONT></TD>
    <TD STYLE="padding: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">26</FONT></TD>
    <TD STYLE="padding: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">32</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">87</FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">91</FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(-) Capex (Ex. Spectrum)</FONT></TD>
    <TD STYLE="padding: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">11</FONT></TD>
    <TD STYLE="padding: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">11</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">25</FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">28</FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-bottom: black 1pt solid; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>Africa OCF</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>15</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>22</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-bottom: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>61</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>63</B></FONT></TD></TR>
  </TABLE>
<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="background-color: #000640">
    <TD STYLE="padding: 2pt; width: 52%; border-top: black 1pt solid; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Corporate OCF</B></FONT></TD>
    <TD STYLE="padding: 2pt; width: 12%; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Q3 2021</B></FONT></TD>
    <TD STYLE="padding: 2pt; width: 12%; border-top: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Q3 2020</B></FONT></TD>
    <TD STYLE="padding: 2pt; width: 12%; border-top: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>9M 2021</B></FONT></TD>
    <TD STYLE="padding: 2pt; width: 12%; border-top: black 1pt solid; border-right: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>9M 2021</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Corporate EBITDA</FONT></TD>
    <TD STYLE="padding: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">2</FONT></TD>
    <TD STYLE="padding: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(1)</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">2</FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(2)</FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(-) Capex (Ex. Spectrum)</FONT></TD>
    <TD STYLE="padding: 2pt; background-color: white; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">3</FONT></TD>
    <TD STYLE="padding: 2pt; background-color: white; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">1</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; background-color: white; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">7</FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">6</FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-bottom: black 1pt solid; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>Corporate OCF</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-bottom: black 1pt solid; background-color: white; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>(1)</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-bottom: black 1pt solid; background-color: white; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>(2)</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-bottom: black 1pt solid; border-left: black 1pt solid; background-color: white; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>(5)</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; border-bottom: black 1pt solid; background-color: white; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>(8)</B></FONT></TD></TR>
  </TABLE>
<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="background-color: #000640">
    <TD STYLE="padding: 2pt; width: 52%; border-top: black 1pt solid; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Underlying OCF</B></FONT></TD>
    <TD STYLE="padding: 2pt; width: 12%; border-top: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Q3 2021</B></FONT></TD>
    <TD STYLE="padding: 2pt; width: 12%; border-top: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Q3 2020</B></FONT></TD>
    <TD STYLE="padding: 2pt; width: 12%; border-top: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>9M 2021</B></FONT></TD>
    <TD STYLE="padding: 2pt; width: 12%; border-top: black 1pt solid; border-right: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>9M 2020</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Underlying EBITDA</FONT></TD>
    <TD STYLE="padding: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">650</FONT></TD>
    <TD STYLE="padding: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">613</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">1,969</FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">1,815</FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(-) Capex (Ex. Spectrum)</FONT></TD>
    <TD STYLE="padding: 2pt; background-color: white; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">300</FONT></TD>
    <TD STYLE="padding: 2pt; background-color: white; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">231</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; background-color: white; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">726</FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">618</FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-bottom: black 1pt solid; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>Underlying OCF</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-bottom: black 1pt solid; background-color: white; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>350</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-bottom: black 1pt solid; background-color: white; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>381</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-bottom: black 1pt solid; border-left: black 1pt solid; background-color: white; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>1,243</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; border-bottom: black 1pt solid; background-color: white; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>1,197</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #000640">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #000640">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #000640"><B>Interest Expense Reconciliation</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #000640">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="background-color: #000640">
    <TD STYLE="padding: 2pt; width: 52%; border-top: black 1pt solid; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Interest ($ millions)</B></FONT></TD>
    <TD STYLE="padding: 2pt; width: 12%; border-top: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Q3 2021</B></FONT></TD>
    <TD STYLE="padding: 2pt; width: 12%; border-top: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Q3 2020</B></FONT></TD>
    <TD STYLE="padding: 2pt; width: 12%; border-top: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>9M 2021</B></FONT></TD>
    <TD STYLE="padding: 2pt; width: 12%; border-top: black 1pt solid; border-right: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>9M 2020</B></FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="padding: 2pt; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">Interest expense</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">(80)</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">(93)</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">(247)</FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">(288)</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="padding: 2pt; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">Interest expense on leases</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">(19)</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">(39)</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">(94)</FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">(117)</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="padding: 2pt; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">Loan Redemption expense</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">&mdash;</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">&mdash;</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">(5)</FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">&mdash;</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="padding: 2pt; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">Other</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">(13)</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">(9)</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">(42)</FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">(52)</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="padding: 2pt; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black"><B>Total financial expenses</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black"><B>(112)</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black"><B>(141)</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black"><B>(389)</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black"><B>(457)</B></FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="padding: 2pt; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">Interest income</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">17</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">1</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">22</FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black">8</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="padding: 2pt; border-bottom: black 1pt solid; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black"><B>Net financial expenses</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-bottom: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black"><B>(95)</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-bottom: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black"><B>(140)</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-bottom: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black"><B>(367)</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: black"><B>(448)</B></FONT></TD></TR>
  </TABLE>

<!-- Field: Page; Sequence: 24 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right; margin: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->24<!-- Field: /Sequence -->&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt"></P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="padding: 8pt; text-align: left; background-color: rgb(0,25,60); width: 84%; vertical-align: middle"><P STYLE="font: 18pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #CBF8FF"><B>Earnings Release</B></P><P STYLE="font: 18pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #CBF8FF"></P><P STYLE="font: 14pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #CBF8FF"><B>Q3 2021</B>&nbsp;</P></TD><TD STYLE="padding: 8pt 20pt 8pt 8pt; text-align: right; background-color: rgb(0,25,60); width: 16%">&nbsp;<IMG SRC="millicom.jpg" ALT=""></TD></TR></TABLE><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="background-color: #000640">
    <TD STYLE="padding: 2pt; width: 52%; border-top: black 1pt solid; border-bottom: black 2.25pt solid; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Underlying Interest ($ millions)</B></FONT></TD>
    <TD STYLE="padding: 2pt; width: 12%; border-top: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Q3 2021</B></FONT></TD>
    <TD STYLE="padding: 2pt; width: 12%; border-top: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Q3 2020</B></FONT></TD>
    <TD STYLE="padding: 2pt; width: 12%; border-top: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>9M 2021</B></FONT></TD>
    <TD STYLE="padding: 2pt; width: 12%; border-top: black 1pt solid; border-right: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>9M 2020</B></FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="padding: 2pt; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Interest expense on bonds and bank financing</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(88)</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(119)</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(271)</FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(352)</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="padding: 2pt; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Interest expense on leases</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(25)</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(45)</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(113)</FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(137)</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="padding: 2pt; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Loan Redemption expense</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&mdash;</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(18)</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(5)</FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(18)</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="padding: 2pt; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Other</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(24)</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(21)</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(63)</FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(67)</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="padding: 2pt; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Total financial expenses</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>(137)</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>(204)</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>(452)</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>(575)</B></FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="padding: 2pt; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Interest income</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">17</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">3</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">22</FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">16</FONT></TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="padding: 2pt; border-bottom: black 1pt solid; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Net financial expenses</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-bottom: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>(121)</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-bottom: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>(200)</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-bottom: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>(430)</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>(559)</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #000640">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #000640"><B>Amortization Expense Detail</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #000640">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="background-color: #000640">
    <TD STYLE="padding: 2pt; width: 36%; border-top: black 1pt solid; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Amortization Expense* ($ millions)</B></FONT></TD>
    <TD STYLE="padding: 2pt; width: 16%; border-top: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Q3 2021</B></FONT></TD>
    <TD STYLE="padding: 2pt; width: 16%; border-top: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Q3 2020</B></FONT></TD>
    <TD STYLE="padding: 2pt; width: 16%; border-top: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>9M 2021</B></FONT></TD>
    <TD STYLE="padding: 2pt; width: 16%; border-top: black 1pt solid; border-right: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>9M 2020</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Licenses and Spectrum </FONT></TD>
    <TD STYLE="padding: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(18)</FONT></TD>
    <TD STYLE="padding: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(19)</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(55)</FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(48)</FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Related to acquisitions</FONT></TD>
    <TD STYLE="padding: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(12)</FONT></TD>
    <TD STYLE="padding: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(35)</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(104)</FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(114)</FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Other items</FONT></TD>
    <TD STYLE="padding: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(28)</FONT></TD>
    <TD STYLE="padding: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(34)</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(80)</FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(83)</FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-bottom: black 1pt solid; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>Total Amortization</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>(57)</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>(88)</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-bottom: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>(239)</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>(244)</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #000640"><I>*Amortization expense related to Guatemala and Honduras
was $33 million in Q3 2021 and $102 million in 9M 2021, and $34 million in Q3 2020 and $100 million in 9M 2020.</I></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #000640">&nbsp;</P>


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    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right; margin: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->25<!-- Field: /Sequence -->&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt"></P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="padding: 8pt; text-align: left; background-color: rgb(0,25,60); width: 84%; vertical-align: middle"><P STYLE="font: 18pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #CBF8FF"><B>Earnings Release</B></P><P STYLE="font: 18pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #CBF8FF"></P><P STYLE="font: 14pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #CBF8FF"><B>Q3 2021</B>&nbsp;</P></TD><TD STYLE="padding: 8pt 20pt 8pt 8pt; text-align: right; background-color: rgb(0,25,60); width: 16%">&nbsp;<IMG SRC="millicom.jpg" ALT=""></TD></TR></TABLE><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #000640"><B><I>Guatemala and Honduras Financial Information (unaudited)</I></B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #000640">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: gray"><I>Until 2015, Millicom group results
included Guatemala and Honduras on a 100% consolidation basis. Since 2016, these businesses are treated as joint ventures and are consolidated
using the equity method. To aid investors to better track the evolution of the company&rsquo;s performance over time, we provide the following
indicative unaudited financial statement data for the Millicom group as if our Guatemala and Honduras joint ventures had been fully consolidated.</I></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: gray">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="background-color: #000640">
    <TD STYLE="padding: 2pt; width: 44%; border: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Income statement data Q3 2021</B></FONT></TD>
    <TD ROWSPAN="2" STYLE="padding: 2pt; width: 14%; border-top: black 1pt solid; border-right: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Millicom (IFRS)</B></FONT></TD>
    <TD ROWSPAN="2" STYLE="padding: 2pt; width: 14%; border-top: black 1pt solid; border-right: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Guatemala and Honduras JVs</B></FONT></TD>
    <TD ROWSPAN="2" STYLE="padding: 2pt; width: 14%; border-top: black 1pt solid; border-right: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Eliminations</B></FONT></TD>
    <TD ROWSPAN="2" STYLE="padding: 2pt; width: 14%; border-top: black 1pt solid; border-right: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Underlying (non-IFRS)</B></FONT></TD></TR>
  <TR STYLE="background-color: #000640">
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>($millions)</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>Revenue </B></FONT></TD>
    <TD STYLE="padding: 2pt; border-top: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>1,093</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-top: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>541</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-top: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>&mdash;</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-top: black 1pt solid; border-right: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>1,634</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Cost of sales</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(313)</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(120)</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">&mdash;</FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(432)</FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>Gross profit</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>780</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>421</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>&mdash;</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>1,201</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Operating expenses</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(400)</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(151)</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">&mdash;</FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(551)</FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>EBITDA</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>380</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>270</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>&mdash;</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>650</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>EBITDA margin</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>34.8%</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>50.0%</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #44546A">&mdash;</FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>39.8%</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Depreciation &amp; amortization</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(269)</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(112)</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">&mdash;</FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(381)</FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Share of net profit in joint ventures</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">56</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">&mdash;</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(56)</FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">&mdash;</FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Other operating income (expenses), net</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">29</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">&mdash;</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">&mdash;</FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">28</FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>Operating profit</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>197</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>158</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>(56)</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>298</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Net financial expenses</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(95)</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(25)</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">&mdash;</FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(121)</FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Other non-operating income (expenses), net</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(20)</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(3)</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">&mdash;</FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(23)</FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Gains (losses) from associates</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(35)</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">&mdash;</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">&mdash;</FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(35)</FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>Profit (loss) before tax</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>46</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>130</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>(56)</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>120</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Net tax credit (charge)</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(42)</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(26)</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">&mdash;</FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(68)</FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>Profit (loss) for the period</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>4</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>104</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>(56)</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>52</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Non-controlling interests</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">1</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(48)</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">&mdash;</FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(47)</FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Profit (loss) from discontinued operations</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">&mdash;</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">&mdash;</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">&mdash;</FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">&mdash;</FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-bottom: black 1pt solid; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>Net profit (loss) for the period</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-bottom: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>5</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-bottom: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>56</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-bottom: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>(56)</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>5</B></FONT></TD></TR>
  </TABLE>
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    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt"></P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="padding: 8pt; text-align: left; background-color: rgb(0,25,60); width: 84%; vertical-align: middle"><P STYLE="font: 18pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #CBF8FF"><B>Earnings Release</B></P><P STYLE="font: 18pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #CBF8FF"></P><P STYLE="font: 14pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #CBF8FF"><B>Q3 2021</B>&nbsp;</P></TD><TD STYLE="padding: 8pt 20pt 8pt 8pt; text-align: right; background-color: rgb(0,25,60); width: 16%">&nbsp;<IMG SRC="millicom.jpg" ALT=""></TD></TR></TABLE><P STYLE="margin: 0pt">&nbsp;</P></DIV>
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<P STYLE="margin-top: 0; margin-bottom: 0"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="background-color: #000640">
    <TD STYLE="padding: 2pt; width: 44%; border: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Income statement data 9M 2021</B></FONT></TD>
    <TD ROWSPAN="2" STYLE="padding: 2pt; width: 14%; border-top: black 1pt solid; border-right: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Millicom (IFRS)</B></FONT></TD>
    <TD ROWSPAN="2" STYLE="padding: 2pt; width: 14%; border-top: black 1pt solid; border-right: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Guatemala and Honduras JVs</B></FONT></TD>
    <TD ROWSPAN="2" STYLE="padding: 2pt; width: 14%; border-top: black 1pt solid; border-right: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Eliminations</B></FONT></TD>
    <TD ROWSPAN="2" STYLE="padding: 2pt; width: 14%; border-top: black 1pt solid; border-right: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Underlying (non-IFRS)</B></FONT></TD></TR>
  <TR STYLE="background-color: #000640">
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>($millions)&nbsp;&nbsp;</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>Revenue </B></FONT></TD>
    <TD STYLE="padding: 2pt; border-top: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>3,270</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-top: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>1,614</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-top: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>&mdash;</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-top: black 1pt solid; border-right: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>4,885</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Cost of sales</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(928)</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(356)</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">&mdash;</FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(1,284)</FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>Gross profit</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>2,343</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>1,258</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>&mdash;</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>3,601</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Operating expenses</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(1,193)</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(439)</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">&mdash;</FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(1,632)</FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>EBITDA</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>1,149</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>820</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>&mdash;</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>1,969</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>EBITDA margin</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>35.1%</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>50.8%</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #44546A">&mdash;</FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>40.3%</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Depreciation &amp; amortization</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(879)</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(338)</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">&mdash;</FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(1,217)</FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Share of net profit in joint ventures</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">185</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">&mdash;</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(185)</FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">&mdash;</FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Other operating income (expenses), net</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(8)</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">&mdash;</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">&mdash;</FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(8)</FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>Operating profit</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>447</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>482</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>(185)</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>744</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Net financial expenses</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(367)</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(63)</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">&mdash;</FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(430)</FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Other non-operating income (expenses), net</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(37)</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">3</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">&mdash;</FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(34)</FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Gains (losses) from associates</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(38)</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">&mdash;</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">&mdash;</FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(38)</FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>Profit (loss) before tax</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>4</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>423</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>(185)</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>242</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Net tax credit (charge)</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(84)</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(86)</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">&mdash;</FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(170)</FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>Profit (loss) for the period</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>(80)</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>336</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>(185)</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>71</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Non-controlling interests</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">28</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(151)</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">&mdash;</FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(124)</FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Profit (loss) from discontinued operations</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">&mdash;</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">&mdash;</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">&mdash;</FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">&mdash;</FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-bottom: black 1pt solid; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>Net profit (loss) for the period</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-bottom: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>(53)</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-bottom: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>185</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-bottom: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>(185)</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>(53)</B></FONT></TD></TR>
  </TABLE>

<!-- Field: Page; Sequence: 27 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right; margin: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->27<!-- Field: /Sequence -->&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt"></P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="padding: 8pt; text-align: left; background-color: rgb(0,25,60); width: 84%; vertical-align: middle"><P STYLE="font: 18pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #CBF8FF"><B>Earnings Release</B></P><P STYLE="font: 18pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #CBF8FF"></P><P STYLE="font: 14pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #CBF8FF"><B>Q3 2021</B>&nbsp;</P></TD><TD STYLE="padding: 8pt 20pt 8pt 8pt; text-align: right; background-color: rgb(0,25,60); width: 16%">&nbsp;<IMG SRC="millicom.jpg" ALT=""></TD></TR></TABLE><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="background-color: #000640">
    <TD STYLE="padding: 2pt; width: 55%; border-top: black 1pt solid; border-bottom: #00245D 1pt solid; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Balance Sheet data ($ millions)</B></FONT></TD>
    <TD STYLE="padding: 2pt; width: 15%; border-top: #00245D 1pt solid; border-bottom: #00245D 1pt solid; border-left: #00245D 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Millicom IFRS</B></FONT></TD>
    <TD STYLE="padding: 2pt; width: 15%; border-top: #00245D 1pt solid; border-bottom: #00245D 1pt solid; border-left: #00245D 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Guatemala and Honduras JVs</B></FONT></TD>
    <TD STYLE="padding: 2pt; width: 15%; border: #00245D 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Underlying (non-IFRS)</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: #00245D 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>Assets</B></FONT></TD>
    <TD STYLE="padding: 2pt; vertical-align: bottom; border-left: #00245D 1pt solid">&nbsp;</TD>
    <TD STYLE="padding: 2pt; vertical-align: bottom; border-left: #00245D 1pt solid">&nbsp;</TD>
    <TD STYLE="padding: 2pt; vertical-align: bottom; border-right: #00245D 1pt solid; border-left: #00245D 1pt solid">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: #00245D 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Intangible assets, net</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: #00245D 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">3,201</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: #00245D 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">2,770</FONT></TD>
    <TD STYLE="padding: 2pt; border-right: #00245D 1pt solid; border-left: #00245D 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">5,971</FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: #00245D 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Property, plant and equipment, net</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: #00245D 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">2,549</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: #00245D 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">855</FONT></TD>
    <TD STYLE="padding: 2pt; border-right: #00245D 1pt solid; border-left: #00245D 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">3,405</FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: #00245D 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Right of Use Assets</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: #00245D 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">805</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: #00245D 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">241</FONT></TD>
    <TD STYLE="padding: 2pt; border-right: #00245D 1pt solid; border-left: #00245D 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">1,046</FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: #00245D 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Investments in joint ventures and associates</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: #00245D 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">2,619</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: #00245D 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(2,596)</FONT></TD>
    <TD STYLE="padding: 2pt; border-right: #00245D 1pt solid; border-left: #00245D 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">23</FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: #00245D 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Other non-current assets</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: #00245D 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">336</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: #00245D 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">3</FONT></TD>
    <TD STYLE="padding: 2pt; border-right: #00245D 1pt solid; border-left: #00245D 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">339</FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: #00245D 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>Total non-current assets</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-left: #00245D 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>9,511</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-left: #00245D 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>1,273</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; border-left: #00245D 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>10,784</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: #00245D 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Inventories, net</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: #00245D 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">55</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: #00245D 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">48</FONT></TD>
    <TD STYLE="padding: 2pt; border-right: #00245D 1pt solid; border-left: #00245D 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">103</FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: #00245D 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Trade receivables, net</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: #00245D 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">352</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: #00245D 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">86</FONT></TD>
    <TD STYLE="padding: 2pt; border-right: #00245D 1pt solid; border-left: #00245D 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">438</FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: #00245D 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Other current assets</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: #00245D 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">576</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: #00245D 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">184</FONT></TD>
    <TD STYLE="padding: 2pt; border-right: #00245D 1pt solid; border-left: #00245D 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">760</FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: #00245D 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Restricted cash</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: #00245D 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">183</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: #00245D 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">19</FONT></TD>
    <TD STYLE="padding: 2pt; border-right: #00245D 1pt solid; border-left: #00245D 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">202</FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: #00245D 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Cash and cash equivalents</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: #00245D 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">723</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: #00245D 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">257</FONT></TD>
    <TD STYLE="padding: 2pt; border-right: #00245D 1pt solid; border-left: #00245D 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">980</FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: #00245D 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>Total current assets</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-left: #00245D 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>1,889</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-left: #00245D 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>594</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; border-left: #00245D 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>2,483</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: #00245D 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Assets held for sale</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: #00245D 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">&mdash;</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: #00245D 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">&mdash;</FONT></TD>
    <TD STYLE="padding: 2pt; border-right: #00245D 1pt solid; border-left: #00245D 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">&mdash;</FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: #00245D 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>Total assets</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-left: #00245D 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>11,400</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-left: #00245D 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>1,867</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; border-left: #00245D 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>13,267</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding: 2pt; border-left: #00245D 1pt solid">&nbsp;</TD>
    <TD STYLE="padding: 2pt; border-left: #00245D 1pt solid">&nbsp;</TD>
    <TD STYLE="padding: 2pt; border-left: #00245D 1pt solid">&nbsp;</TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; border-left: #00245D 1pt solid">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>Equity and liabilities </B></FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center">&nbsp;</TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center">&nbsp;</TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; border-left: black 1pt solid; text-align: center">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Equity attributable to owners of the Company</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">1,966</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(50)</FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">1,916</FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Non-controlling interests</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">179</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">444</FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">623</FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>Total equity </B></FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>2,145</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>394</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>2,540</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Debt and financing</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">5,994</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">942</FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">6,937</FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Other non-current liabilities</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">962</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">140</FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">1,101</FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>Total non-current liabilities </B></FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>6,956</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>1,082</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>8,038</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Debt and financing</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">225</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">59</FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">283</FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Other current liabilities</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">2,074</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">332</FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">2,406</FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>Total current liabilities </B></FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>2,299</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>390</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>2,689</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Liabilities directly associated with assets held for sale</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">&mdash;</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">&mdash;</FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">&mdash;</FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>Total liabilities </B></FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>9,255</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>1,472</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>10,727</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-bottom: black 1pt solid; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>Total equity and liabilities </B></FONT></TD>
    <TD STYLE="padding: 2pt; border-bottom: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>11,400</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-bottom: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>1,867</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-right: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>13,267</B></FONT></TD></TR>
  </TABLE>

<!-- Field: Page; Sequence: 28 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; text-align: right; margin: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->28<!-- Field: /Sequence -->&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt"></P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="padding: 8pt; text-align: left; background-color: rgb(0,25,60); width: 84%; vertical-align: middle"><P STYLE="font: 18pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #CBF8FF"><B>Earnings Release</B></P><P STYLE="font: 18pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #CBF8FF"></P><P STYLE="font: 14pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #CBF8FF"><B>Q3 2021</B>&nbsp;</P></TD><TD STYLE="padding: 8pt 20pt 8pt 8pt; text-align: right; background-color: rgb(0,25,60); width: 16%">&nbsp;<IMG SRC="millicom.jpg" ALT=""></TD></TR></TABLE><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="background-color: #000640">
    <TD STYLE="padding: 2pt; width: 63%; border-top: black 1pt solid; border-bottom: black 1pt solid; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Cash Flow Data 9M 2021</B></FONT></TD>
    <TD ROWSPAN="2" STYLE="padding: 2pt; width: 12%; border-top: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Millicom IFRS</B></FONT></TD>
    <TD ROWSPAN="2" STYLE="padding: 2pt; width: 14%; border-top: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Guatemala and Honduras JVs</B></FONT></TD>
    <TD ROWSPAN="2" STYLE="padding: 2pt; width: 11%; border-top: black 1pt solid; border-right: black 1pt solid; border-left: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>Underlying (non-IFRS)</B></FONT></TD></TR>
  <TR STYLE="background-color: #000640">
    <TD STYLE="padding: 2pt; border-bottom: black 1pt solid; border-left: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: white"><B>($millions)</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: #00245D 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>Profit (loss) before taxes from continuing operations</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-top: black 1pt solid; border-left: #00245D 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>4</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-top: black 1pt solid; border-left: #00245D 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>238</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-top: black 1pt solid; border-right: #00245D 1pt solid; border-left: #00245D 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>242</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: #00245D 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Profit (loss) for the period from discontinued operations</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: #00245D 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">&mdash;</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: #00245D 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">&mdash;</FONT></TD>
    <TD STYLE="padding: 2pt; border-right: #00245D 1pt solid; border-left: #00245D 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">&mdash;</FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: #00245D 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>Profit (loss) before taxes</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-left: #00245D 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>3</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-left: #00245D 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>238</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-right: #00245D 1pt solid; border-left: #00245D 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>241</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: #00245D 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>Net cash provided by operating activities (incl. discontinued ops)</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-left: #00245D 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>516</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-left: #00245D 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>678</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-right: #00245D 1pt solid; border-left: #00245D 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>1,194</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: #00245D 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>Net cash used in investing activities (incl. discontinued ops)</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-left: #00245D 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>(395)</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-left: #00245D 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>(286)</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-right: #00245D 1pt solid; border-left: #00245D 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>(681)</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: #00245D 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>Net cash from (used by) financing activities (incl. discontinued ops)</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-left: #00245D 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>(265)</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-left: #00245D 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>(383)</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-right: #00245D 1pt solid; border-left: #00245D 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>(647)</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: #00245D 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Exchange impact on cash and cash equivalents, net</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: #00245D 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(9)</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: #00245D 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">&mdash;</FONT></TD>
    <TD STYLE="padding: 2pt; border-right: #00245D 1pt solid; border-left: #00245D 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">(9)</FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: #00245D 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>Net (decrease) increase in cash and cash equivalents</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-left: #00245D 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>(152)</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-left: #00245D 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>10</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-right: #00245D 1pt solid; border-left: #00245D 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>(142)</B></FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: #00245D 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Cash and cash equivalents at the beginning of the period</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: #00245D 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">875</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: #00245D 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">247</FONT></TD>
    <TD STYLE="padding: 2pt; border-right: #00245D 1pt solid; border-left: #00245D 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">1,122</FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-left: #00245D 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">Effect of cash in disposal group held for sale</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: #00245D 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">&mdash;</FONT></TD>
    <TD STYLE="padding: 2pt; border-left: #00245D 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">&mdash;</FONT></TD>
    <TD STYLE="padding: 2pt; border-right: #00245D 1pt solid; border-left: #00245D 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640">&mdash;</FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 2pt; border-bottom: #00245D 1pt solid; border-left: #00245D 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>Cash and cash equivalents at the end of the period</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-bottom: #00245D 1pt solid; border-left: #00245D 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>723</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-bottom: #00245D 1pt solid; border-left: #00245D 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>257</B></FONT></TD>
    <TD STYLE="padding: 2pt; border-right: #00245D 1pt solid; border-bottom: #00245D 1pt solid; border-left: #00245D 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; color: #000640"><B>980</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #000640">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #000640"><B>Regulatory Statement</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #000640">&nbsp;</P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #808285"><I>This information was prior to
this release inside information and is information that Millicom is obliged to make public pursuant to the EU Market Abuse Regulation.
This information was submitted for publication, through the agency of the contact person set out above, at 12:00 CET on October&nbsp;28,
2021.</I></P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #808285">&nbsp;</P>


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<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: gray"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: gray"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>SIGNATURES</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2">&nbsp;</TD>
    <TD COLSPAN="3">
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>MILLICOM INTERNATIONAL CELLULAR S.A.</B></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Registrant)&nbsp;</P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2">&nbsp;</TD>
    <TD COLSPAN="3">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2">&nbsp;</TD>
    <TD COLSPAN="3">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>By:</TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid">/s/ Salvador Escalon</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 5%">&nbsp;</TD>
    <TD STYLE="width: 45%">&nbsp;</TD>
    <TD STYLE="width: 4%">&nbsp;</TD>
    <TD STYLE="width: 5%">Name:</TD>
    <TD STYLE="width: 41%">Salvador Escalon</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>Title:</TD>
    <TD>Executive Vice President, General Counsel</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">Date: October 28, 2021</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>


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end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
