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Press release content from PR Newswire. The AP news staff was not involved in its creation. Irrawaddy Green Towers Limited: Sale of Company December 11, 2020 GMT DUBAI, UAE, Dec. 11, 2020 /PRNewswire/ The shareholders of Irrawaddy Towers Asset Holding Pte. Ltd. (the “Company”), including Blu Stone Management and M1 Group, have agreed today to sell the Company to CVC Capital Partners Asia V (“CVC”). The Company owns Irrawaddy Green Towers Limited (“IGT”), the leading independent telecommunications tower company in Myanmar with close to 4,000 towers strategically located across the entire country. Georges Makhoul, Chairman of the Company, commented: “Since the day we established IGT, it has been a privilege to work with the Myanmar community to facilitate the delivery of mobile services across the whole country. Our shareholders’ early capital commitment, the support of the relevant ministries and regulators, the partnership with all the mobile operators, and the

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