Eric Louis Zinterhofer - 30 Jun 2024 Form 4 Insider Report for Liberty Latin America Ltd. (LILA)

Footnote F1

Searchlight LEO Coinvest Partners, L.P. ("SL LEO Coinvest LP") made a pro rata distribution of 1,979,876 the Issuer's common shares to its co-investors in accordance with capital account percentages and transferred 11,572 of the Issuer's common shares to Searchlight LEO Co-Invest Partners GP, LLC ("LEO GP").

Footnote F2

Shares were previously held indirectly through SL LEO Coinvest LP, and the Reporting Person is a manager of SL LEO Coinvest LP's general partner, LEO GP. Accordingly, the Reporting Person may have been deemed to be the indirect beneficial owner of the securities owned by SL LEO Coinvest LP. The Reporting Person disclaims beneficial ownership of those securities, except to the extent of his pecuniary interest therein.

Footnote F3

The securities were owned by SL LEO Coinvest LP. LEO GP is the general partner of SL LEO Coinvest LP. The Reporting Person is a manager of LEO GP. By reason of the provisions of Rule 16a-1, the Reporting Person may have been deemed to be the beneficial owner of the securities beneficially owned by SL LEO Coinvest LP. The Reporting Person does not alone have dispositive or voting power with respect to any securities owned, directly or indirectly, by SL LEO Coinvest LP or LEO GP. The Reporting Person hereby disclaims beneficial ownership of all securities, except to the extent of any indirect pecuniary interest therein and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.

Footnote F4

Acquired in accordance with the terms of the Liberty Latin America 2018 Nonemployee Director Incentive Plan for the equity portion of the fees paid to the Reporting Person for his services as a director. The number of shares was determined using the closing market price of the applicable class of common shares on June 28, 2024.

Footnote F5

The securities are owned by Searchlight Capital Partners, L.P. ("SCP"). Searchlight Capital Partners, LLC ("SCP LLC") is the general partner of SCP and the Reporting Person is a member of SCP LLC. By reason of the provisions of Rule 16a-1, the Reporting Person may be deemed to be the beneficial owner of the securities beneficially owned by SCP. The Reporting Person does not alone have dispositive or voting power with respect to any securities owned, directly or indirectly, by SCP. The Reporting Person hereby disclaims beneficial ownership of all securities, except to the extent of any indirect pecuniary interest therein and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.

Footnote F6

The securities are owned by Searchlight LEO, L.P. ("SLLP"). Searchlight Capital Partners GP, L.P. ("SCP GP LP") is the general partner of SLLP and Searchlight Capital Partners GP, LLC ("SCP GP LLC") is the general partner of SCP GP LP and the Reporting Person is a member of SCP GP LLC. By reason of the provisions of Rule 16a-1, the Reporting Person may be deemed to be the beneficial owner of the securities beneficially owned by SLLP. The Reporting Person does not alone have dispositive or voting power with respect to any securities owned, directly or indirectly, by SLLP, SCP GP LP or SCP GP LLC. The Reporting Person hereby disclaims beneficial ownership of all securities, except to the extent of any indirect pecuniary interest therein and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.

Footnote F7

The securities are owned by LEO GP. The Reporting Person is a manager of LEO GP. By reason of the provisions of Rule 16a-1, the Reporting Person may be deemed to be the beneficial owner of the securities beneficially owned by LEO GP. The Reporting Person does not alone have dispositive or voting power with respect to any securities owned, directly or indirectly, by LEO GP. The Reporting Person hereby disclaims beneficial ownership of all securities, except to the extent of any indirect pecuniary interest therein and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.