Liberty Latin America Reports Q1 2026 Results

• Solid postpaid net adds across all segments
• Improved cash flow from operations and Adjusted FCF
• Jamaica recovery ahead of expectations
• Intention to distribute preferred stock; active stock repurchases

Denver, Colorado - May 7, 2026: Liberty Latin America Ltd. (“Liberty Latin America” or “LLA”) (NASDAQ: LILA and LILAK, OTC Link: LILAB) today announced its financial and operating results for the three months (“Q1”) ended March 31, 2026.

President and CEO Balan Nair commented, “The first quarter represented a strong start to 2026 for Liberty Latin America, adding 50,000 postpaid net additions with all segments contributing positively, including Puerto Rico for a second consecutive quarter, as we maintain a razor-sharp focus on our commercial positioning across the group.”

“Key metrics such as Adjusted OIBDA and Adjusted FCF came in ahead of our own expectations, which had reflected the tougher year-over-year comparables due to the impact of Hurricane Melissa and from the timing of B2B projects, notably in C&W Panama and Liberty Networks. We anticipate that year- over-year headwinds will ease through the remainder of the year and be supported by revenue growth and ongoing cost reduction initiatives.”

“Our recovery in Jamaica, meanwhile, is proceeding ahead of prior expectations and we are accelerating our ambition for fixed home reconnections this year, all within our anticipated capex envelope. Our Jamaican mobile operation continues to scale at pace, successfully leveraging off our satellite initiatives both during and following Hurricane Melissa. We are also thrilled to have announced our agreement to launch Central America’s first direct-to-cell service, Liberty-Starlink, in Costa Rica.”

“With bolstered confidence in our business, liquidity and cash flow trajectory, and with a focus on unlocking value for shareholders, we are announcing the intent in Q2 to distribute to our shareholders $500 million in preferred stock with a 9% dividend rate. We believe this capital allocation strategy provides our shareholders with a compelling cash return preferred stock, combined with an even more attractively geared common equity.”

“Notwithstanding this significant development, for the first time since H1 2024, we conducted stock repurchases in March 2026. We will be opportunistic with respect to further repurchases, as we have approximately $185 million remaining under our current repurchase authorization. As we look out through the rest of the year, we continue to be highly focused on organic growth, cash flow expansion, as well as our ongoing strategic initiatives.”