Millicom announces the Nomination Committee ahead of the 2021 Annual General Meeting
Millicom International Cellular has established a Nomination Committee in preparation for its 2021 Annual General Meeting. The Committee includes representatives from major shareholders such as Swedbank Robur, Nordea Investment Funds, AMF Pensionsförsäkring AB, and Southeastern Asset Management. During its inaugural meeting on October 5, 2020, John Hernander was elected as the Chairman. Shareholders wishing to propose candidates for the Board of Directors can submit their suggestions in writing.
- Formation of a Nomination Committee enhances corporate governance.
- Diverse representation from major shareholders may improve decision-making.
- None.
Millicom announces the Nomination Committee ahead of the 2021 Annual General Meeting
Luxembourg, October 6th, 2020 – In accordance with the resolution of the 2020 Annual General Meeting of Millicom International Cellular S.A. (“Millicom”), the Nomination Committee has been formed in consultation with the largest shareholders as of the last business day of June 2020.
The Nomination Committee comprises representatives of four shareholders that represent the largest shareholders in Millicom that have chosen to appoint members; Jan Andersson, appointed by Swedbank Robur; John Hernander, appointed by Nordea Investment Funds; Peter Guve, appointed by AMF Pensionsförsäkring AB; and Staley Cates, appointed by Southeastern Asset Management, as well as the Chairman of Millicom’s Board of Directors, José Antonio Ríos García.
At the first meeting of the Committee, held on October 5th, 2020, the members elected John Hernander as the Chairman of the Nomination Committee.
Information about the work of the Nomination Committee can be found on Millicom’s website. Shareholders wishing to propose candidates for election to the Board of Directors of Millicom should submit their proposal in writing to the Company Secretary, Millicom International Cellular S.A., 2 rue du Fort Bourbon, L-1249 Luxembourg.
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For further information, please contact
| Press: Vivian Kobeh, Corporate Communications Director +1-786-628-5300 / +1-305-302-2858 press@millicom.com | Investors: Michel Morin, VP Investor Relations +1-786-628-5270 investors@millicom.com Sarah Inmon, Investor Relations Sr. Manager Tel: +1-786-628-5303 investors@millicom.com |
About Millicom
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® services through its principal brand, TIGO. As of December 31, 2019, Millicom operating subsidiaries and joint ventures employed more than 22,000 people and provided mobile services to approximately 52 million customers, with a cable footprint of more than 11 million homes passed. Founded in 1990, Millicom International Cellular S.A. is headquartered in Luxembourg.
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