MILLICOM INTERNATIONAL CELLULAR SA

On May 8, 2025, the Group operation in Paraguay issued local bonds for a total amount of PYG 100,000 million (approximately USD 13 million) with a maturity of 4 years and at an interest rate of 8.10%. Additionally, during the nine-month period ended September 30, 2025, the Group operation in Paraguay issued two three-year local bonds at 10% fixed-rate for a total amount of PYG 55,000 million (approximately $7 million at the date of the transactions). These issuances are part of the local currency Debt Program registered in 2021 for a total amount equivalent to $150 million. On September 15, 2025, the Group operation in Paraguay did an early partial redemption of $150 million of the 2027 USD 5.875% Senior Notes Bond.

During the nine-month period ended September 30, 2025, the Group operation in Paraguay entered into three new 5-year term variable loans with different banks (Banco Continental, Banco Sudameris and Banco Itau) for approximately PYG 660 million (approximately $83 million in aggregate) and into three new 3-year term fixed loans with different banks (Banco GNB, Banco Solar and Bancop for approximately PYG 145 million (approximately $21 million in aggregate).