Liberty Latin America Ltd. Announces Successful Outcome of Subscription Rights Offering

Denver, Colorado - September 28, 2020: Liberty Latin America Ltd. (“Liberty Latin America” or “LLA”) (NASDAQ: LILA and LILAK, OTC Link: LILAB) is pleased to announce the preliminary results of its rights offering, which expired in accordance with its terms at 5:00 p.m. New York City time on September 25, 2020.

In the rights offering, Liberty Latin America received subscription requests (including oversubscription requests) in excess of the 49,019,607 Class C common shares, which was the aggregate number of shares available for subscription in the offer.

At the previously announced subscription price of $7.14 per share, Liberty Latin America expects to receive gross proceeds from the rights offering of approximately $350 million, before expenses. Liberty Latin America expects to issue the new Class C common shares on or about October 2, 2020.

The foregoing numbers are estimates only. Liberty Latin America will announce the final results of the rights offering in a press release on or about October 2, 2020.