Company: TCMFF
Filing Date: 2025-02-28
Form Type: 20-F
Source: 0001104659-25-019133
Chunk: 208

Company: TELECOM ARGENTINA SA
Filing Date: 2025-02-28
Form: 20-F
Item: Item 10
Chunk 208
---
 securities with settlement in foreign currency; 
(ii) exchanges of securities issued by residents for foreign assets; 
(iii) transfers of securities to foreign depositories; 
(iv) acquisition in the country of securities issued by non-residents with settlement in Pesos; 
(v) acquisition of Argentine certificates of deposit representing foreign shares; 
(vi) acquisition of securities representing private debt issued in foreign jurisdictions; and

​
​

PART I - ITEM 10 ADDITIONAL INFORMATION   TELECOM ARGENTINA S.A.
​

(vii) delivery of funds in local currency or other local assets (except funds in foreign currency deposited in local financial entities) to any human or legal person, resident or non-resident, related or not, receiving as prior or subsequent consideration, directly or indirectly, by itself or through a related, controlled or controlling entity, foreign assets, crypto-assets or securities deposited abroad. 
In such affidavit, the following transactions shall not be taken into account:

(i)   transfers of securities to foreign depositories made or to be made by the customer for the purpose of participating in an exchange of debt securities issued by the Argentine government, local governments or private sector resident issuers;
-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

(ii)   the delivery of local assets for the purpose of cancelling a debt with an export credit agency or a foreign financial institution, to the extent that it occurs upon maturity as a consequence of a guarantee clause provided for in the debt contract;
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

(iii)   sales of securities with settlement in foreign currency in the country or abroad when the total funds obtained from such settlements have been or will be used within 10 days following certain operations;
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
(iv)sales with settlement in a foreign country or abroad of BOPREAL Bonds, or transfers of these bonds to foreign depositories, when carried out up to the amount acquired in the primary underwriting by those who participated in such underwriting;

(v)   sales with settlement in a foreign country or abroad, or transfers to foreign depositories made from April 1, 2024, by importers of goods and services that have acquired BOPREAL Bonds in a primary underwriting for debts related to the importation of goods and services described in items 4.4 and 4.5 of Communication “A” 8035, provided that the market value of these operations does not exceed the difference between the value obtained from the sale with settlement in foreign currency abroad of BOPREAL Bonds acquired in the aforementioned primary underwritings and their