Ecuador

Quito, Ecuador – November 25, 2025 – BUSTAMANTE FABARA is pleased to announce that it has advised the shareholder-owners of TRECX S.A. (Pintulac) on the acquisition of a 70% majority interest in PHARMAVIDA S.A.S., a pharmaceutical distribution company in Ecuador, marking a significant strategic expansion for the Pintulac Group into the healthcare and pharmaceutical sectors. The transaction was structured through a Share Purchase Agreement combining an upfront payment to the seller with a capitalization contribution to the company, along with an additional capital injection to be completed within a defined period. This structure not only secures majority control for the shareholder-owners of TRECX S.A. but also strengthens the company’s working capital and supports its medium-term operational growth. BUSTAMANTE FABARA conducted a comprehensive due diligence review of the target, assessing its corporate, regulatory, contractual, and financial standing. The team also led the preparation and negotiation of all core transaction documents, including the Share Purchase Agreement, the Non-Disclosure Agreement, the Shareholders’ Agreement; and the corresponding bylaws reform to reflect the new ownership structure and governance framework. The BUSTAMANTE FABARA team advising the shareholder-owners of TRECX S.A. was led by Managing Partner María Rosa Fabara Vera, together with Director Andrés Becdach and Senior Associate Adriana Lasso, along with other attorneys specializing in corporate and regulatory matters. About BUSTAMANTE FABARA BUSTAMANTE FABARA is one of Ecuador’s leading law firms, with a strong track record advising on complex financial transactions, cross-border deals, and international projects. With over 120 lawyers and 190 total team members, the firm continues to lead in shaping Ecuador’s legal landscape.   About TRECX S.A. (Pintulac) TRECX S.A., part of the Pintulac Group, is one of Ecuador’s most prominent and diversified business groups, recognized for its nationwide presence and leadership in the distribution of industrial, construction, and specialty products. With more than 60 years of experience and a strong focus on innovation, operational excellence, and responsible growth, TRECX S.A. continues to expand its portfolio into new strategic sectors.   Press Contact María José Sotomayor Hidalgo Directora de Marketing y Comunicaciones BUSTAMANTE FABARA Email: [email protected] Phone: +593 98 972 8788

Quito, Ecuador – November 17, 2025 – BUSTAMANTE FABARA acted as Ecuadorian counsel to the shareholders of Anders Ecuador Cía. Ltda. (AEC) in the sale of their majority shareholding in AEC’s to Safic-Alcan S.A.S. (Buyer), advised by PwC. The deal forms part of a multi-country transaction through which Safic-Alcan acquired equity in Anders Group operating companies across nine Latin American jurisdictions. AEC, part of a regional group engaged in the distribution of specialty chemicals, food ingredients, consumables, and equipment for industrial and life sciences applications, will become an affiliate of Safic-Alcan, strengthening its platform and presence in Latin America. BUSTAMANTE FABARA played a key role in the Ecuadorian aspect of the transaction, advising the sellers throughout the process to ensure a smooth and efficient outcome. Led by Partner José Rafael Bustamante C., Director Kirina González, and Senior Associates Valentina Morillo and Gino Ivich, the team provided expert guidance at every stage, securing a successful closing of the deal. This transaction marks an important milestone in the specialty chemicals distribution sector in Latin America, reflecting the firm’s consistent involvement in complex, cross-border M&A transactions. About BUSTAMANTE FABARA BUSTAMANTE FABARA is one of Ecuador’s leading law firms, with a strong track record advising on complex financial transactions, cross-border deals, and international projects. With over 120 lawyers and 190 total team members, the firm continues to lead in shaping Ecuador’s legal landscape. About Anders Ecuador Cía. Ltda. (AEC) Anders Ecuador Cía. Ltda. (AEC) is part of the Anders Group, a regional organization dedicated to the distribution of specialty chemicals, food ingredients, consumables, and equipment for industrial and life sciences applications. The company serves key sectors such as pharmaceuticals, food and beverages, personal care, and industrial manufacturing, providing high-quality products and technical support to clients across Ecuador and Latin America. Press contact: María José Sotomayor Hidalgo Director of Marketing and Communications BUSTAMANTE FABARA Email: [email protected] Phone: 0989728788

Quito, Ecuador – November 6, 2025 – BUSTAMANTE FABARA proudly announces that it has acted as Ecuadorian legal counsel to Millicom International Cellular S.A. (“Millicom”, brand “Tigo”) in the USD 380 million acquisition of Telefónica S.A.’s Ecuadorian operations (brand “Movistar”) — a landmark transaction that officially closed on October 30th. This deal represents a transformative moment for Ecuador’s telecommunications sector, reinforcing Millicom’s regional leadership and digital expansion strategy. With approximately 5 million customers and a 28% market share, Movistar Ecuador constitutes a strategic asset in a dollarized economy with strong growth fundamentals. The firm’s multidisciplinary team — led by Partner José Rafael Bustamante C., Director Kirina González, and Senior Associate Valentina Morillo — provided comprehensive legal counsel throughout all stages of the transaction, from negotiation and due diligence to regulatory approvals and closing. Looking ahead, BUSTAMANTE FABARA will continue to advise Millicom on post-closing integration and regulatory matters. This strategic acquisition aligns with broader trends across Latin America, where Telefónica continues to optimize its portfolio by reducing its regional exposure, while Millicom expands its investment in key markets with stable growth prospects. About BUSTAMANTE FABARA BUSTAMANTE FABARA is one of Ecuador’s leading law firms, with a strong track record advising on complex financial transactions, cross-border deals, and international projects. With over 120 lawyers and 190 total team members, the firm continues to lead in shaping Ecuador’s legal landscape. About Millicom Millicom (NASDAQ: TIGO) is a leading provider of fixed and mobile telecommunications services in Latin America. Through its TIGO® and Tigo Business® brands, the company provides a wide range of digital services and products, including TIGO Money for mobile financial services, TIGO Sports for local entertainment, TIGO ONEtv for pay TV, high-speed data, voice, and business-to-business solutions such as cloud and security. As of March 31, 2025, Millicom, including its Honduras Joint Venture, employed approximately 14,000 people and provided mobile and fiber-cable services through its digital highways to more than 46 million customers, with a fiber-cable footprint over 14 million homes passed. Founded in 1990, Millicom International Cellular S.A. is headquartered in Luxembourg with principal executive offices in Doral, Florida.   Press contact: María José Sotomayor Hidalgo Director of Marketing and Communications BUSTAMANTE FABARA Email: [email protected] Phone: 0989728788

Quito, Ecuador – October 21, 2025 – BUSTAMANTE FABARA is pleased to announce its role as counsel to Vita Alimentos C.A. in the acquisition of 100% of the shares of La Holandesa (Delcampo S.A.S.), a leading cheese manufacturer renowned for its premium products and strong national market presence. This strategic transaction, which was subject to prior approval by the Superintendence of Economic Competition (Superintendencia de Competencia Económica), represents a significant milestone in Ecuador’s food and beverage sector, enhancing Vita Alimentos’ product portfolio, production capabilities, and distribution reach across the country. This deal highlights BUSTAMANTE FABARA’s position as a leading advisor to major industry participants, combining deep food and beverage expertise, strong regulatory capabilities, and a proven record in sophisticated M&A. The firm’s multidisciplinary strengths continue to place it at the forefront of complex, high-value transactions shaping Ecuador’s corporate landscape. The multidisciplinary team of BUSTAMANTE FABARA was led by Partner José Rafael Bustamante C., Director Kirina González, and Senior Associate Valentina Morillo. This acquisition reinforces Vita Alimentos’ leadership in the Ecuadorian food industry and demonstrates BUSTAMANTE FABARA’s continued role as a key advisor in complex, high-value M&A transactions within the region. About BUSTAMANTE FABARA BUSTAMANTE FABARA is one of Ecuador’s leading law firms, with a strong track record advising on complex financial transactions, cross-border deals, and international projects. With over 120 lawyers and 190 total team members, the firm continues to lead in shaping Ecuador’s legal landscape. About Vita Alimentos C.A. Vita Alimentos C.A. is a leading Ecuadorian company in the food and beverage industry, known for its extensive product portfolio and commitment to quality and innovation. The company plays a key role in Ecuador’s agri-food chain, providing nutritious and sustainable products to consumers nationwide. About La Holandesa (Delcampo S.A.S.) La Holandesa is a traditional Ecuadorian dairy company with more than 40 years of history, recognized for producing high-quality dairy products and maintaining strong ties with local producers. The company’s operations are centered on sustainable production and innovation in dairy processing. Press contact: María José Sotomayor Hidalgo Director of Marketing and Communications BUSTAMANTE FABARA Email: [email protected] Phone: 0989728788