On March 27, 2026, Liberty Latin America Ltd. (the "Company") announced that it has entered into an exchange agreement with its President and CEO, Mr. Balan Nair. Under this agreement, Mr. Nair will exchange 1,363,080 Class A Common Shares for 1,300,243 Class C Common Shares of the Company. This transaction is categorized as a LILAK Share Exchange and is exempt from registration under Section 3(a)(9) of the Securities Act of 1933. The exchange is part of Mr. Nair's tax planning strategy, particularly in response to the Net Controlled Foreign Corporation Tested Income regime, which imposes additional taxes on U.S. shareholders with significant voting power in foreign corporations. The transaction closed on the same day, March 27, 2026. The Company emphasizes that Mr. Nair remains committed to its long-term business strategy despite this exchange. This move is expected to have a small positive effect on the stock price as it reflects strategic financial planning by the leadership, although it does not fundamentally alter the company's operational or financial outlook.

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