{"id":458170,"date":"2021-03-15T18:15:18","date_gmt":"2021-03-15T22:15:18","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=458170"},"modified":"2021-03-15T18:15:18","modified_gmt":"2021-03-15T22:15:18","slug":"the-millicom-nomination-committees-proposal-for-board-of-directors","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/the-millicom-nomination-committees-proposal-for-board-of-directors\/","title":{"rendered":"The Millicom Nomination Committee\u2019s proposal for Board of Directors"},"content":{"rendered":"
\n

\n The Millicom Nomination Committee\u2019s proposal for Board of Directors<\/strong>\n <\/p>\n

\n Luxembourg, March 15, 2021 \u2013 In advance of the Annual General Meeting of shareholders (\u201cAGM\u201d) of Millicom International Cellular S.A. (\u201cMillicom\u201d), to be held on May 4, 2021, Millicom\u2019s Nomination Committee proposes the election of Bruce Churchill,<\/strong>
\n Sonia Dul\u00e1 and Lars-Johan Jarnheimer<\/strong>
\n as new Non-Executive Directors of the Board, the re-election of Jos\u00e9 Antonio Rios Garc\u00eda as Chairman of the Board, and the re-election of Jos\u00e9 Antonio Rios Garc\u00eda, Odilon Almeida, Pernille Erenbjerg, Mercedes Johnson, and James Thompson as Non-Executive Directors of the Board, and the re-election of Mauricio Ramos, as an Executive Director of the Board. Tomas Eliasson and Lars-\u00c5ke Norling have decided not to seek re-election. <\/strong>
\n
Bruce Churchill will bring over 30-years of operational and strategy experience in the media industry, the latter part of which was gained from senior management roles in Latin America.<\/p>\n

Sonia Dul\u00e1 will bring a wealth of experience from the investment banking, technology and media industries, and her deep Latin America expertise will be particularly valuable to Millicom\u2019s Board. <\/p>\n

Lars-Johan Jarnheimer will bring a track record of successfully developing and delivering strategies for promoting and selling products and services to consumers in highly competitive environments of complex and highly regulated businesses, including in the telecommunications and media industries.<\/p>\n

John Hernander, Chairman of the Nomination Committee, commented: \u201cThe Nomination Committee is pleased to propose the election of Bruce Churchill, Sonia Dul\u00e1 and Lars-Johan Jarnheimer as new Board Directors. The addition of Bruce, Sonia and Lars-Johan will strengthen Millicom\u2019s strategic and operational oversight in the telecommunications, cable and media industries, as well as its operational experience in Latin America, as Millicom\u2019s continues to focus on opportunities in Latin America in its growth journey.\u201d<\/p>\n

Jos\u00e9 Antonio Rios Garc\u00eda, Chairman of the Board, added: \u201cOn behalf of the Board, the management team, and all shareholders, I would like to extend our gratitude to both Tomas Eliasson and Lars-\u00c5ke Norling for their significant contributions to the Board. Tomas Eliasson joined the Board in 2014 and served as Chairman of the Audit Committee during his tenure, overseeing the development of Millicom\u2019s internal control environment and its US listing during this time.\u00a0 Lars-\u00c5ke Norling joined the Board in 2018 and was an invaluable member of the Board as well as its Compensation Committee, and its Compliance and Business Conduct Committee.\u201d
The Nomination Committee\u2019s motivated statement and full proposals are available in the corporate governance section of the Millicom website and presented together with the convening notice to Millicom\u2019s AGM, to be held on May 4, 2021.
The Nomination Committee ahead of the 2021 AGM comprised: John Hernander, appointed by Nordea Investment Funds; Jan Andersson, appointed by Swedbank Robur Funds; Peter Guve, appointed by AMF Pensionsf\u00f6rs\u00e4kring AB; Staley Cates, appointed by Southeastern Asset Management, as well as the Chairman of Millicom\u2019s Board of Directors, Jos\u00e9 Antonio R\u00edos Garc\u00eda, appointed by the shareholders at the 2020 AGM.<\/p>\n

-END-<\/p>\n

\n \n <\/p>\n

Inquiries should be sent to investors@millicom.com<\/u><\/a>.<\/p>\n

\n For further information, please contact<\/strong>\n <\/p>\n\n\n
\n Press: <\/strong>
\n
\n
\n <\/strong>Vivian Kobeh, Corporate Communications Director
+1 786 628 5300
press@millicom.com<\/u><\/a><\/strong><\/p>\n

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\n Investors:<\/strong>
\n
Michel Morin, VP Investor Relations
+1 786 628 5270\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 investors@millicom.com<\/u><\/a><\/strong><\/p>\n

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Sarah Inmon, Investor Relations Manager
+1-786-628-5303\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 investors@millicom.com<\/u><\/a><\/strong><\/td>\n<\/tr>\n<\/table>\n

\n About Millicom<\/strong>\n <\/p>\n

Millicom (NASDAQ U.S.: TIGO, Nasdaq Stockholm: TIGO_SDB) is a leading provider of cable 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\u00ae 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.<\/p>\n

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\n Attachment<\/strong>\n <\/p>\n