Liberty Latin America and América Móvil Receive Approval for the Joint Venture Between VTR and Claro Chile

Denver, USA and Mexico City, Mexico – October 4, 2022: Liberty Latin America Ltd. (“Liberty Latin America” or the “LLA”) (NASDAQ: LILA and LILAK, OTC Link: LILAB) and América Móvil S.A.B. de C.V. (“América Móvil” or “AMX”) (BMV: AMX, NYSE: AMX and AMOV) confirm that the Chilean National Economic Prosecutor’s Office (FNE) has approved the announced agreement to combine their respective Chilean operations, VTR and Claro Chile, to form a 50:50 joint venture (the “JV”).

Through this joint venture, two world-class multinational companies are joining their respective Chilean operations to create a new company that will foster digital development in the market by offering cutting-edge products and services, first-class networks, and greater connectivity solutions.

The operators expect to meet all contractual obligations and close the transaction imminently.