Trilogy International Partners Inc. announced that the board of directors of the Company has declared a return of capital distribution to the holders of common shares of the Company (the Common Shares) as part of the winding up, discontinuance and reorganization of its business pursuant to a Plan of Liquidation adopted by the Board on June 10, 2022. The return of capital distribution will be in the aggregate amount of CAD 27,500,000 (or approximately USD 21 million), which represents CAD 0.31 per Common Share. Shareholders living outside of Canada will receive the distribution in United States dollars in an amount reflecting the foreign exchange rate applicable on the date of distribution.

The distribution is scheduled to be paid on July 28, 2023 to holders of Common Shares of record as of the close of business on July 19, 2023.