Company: TCMFF
Filing Date: 2025-03-05
Form Type: 6-K
Source: 0001104659-25-020826
Chunk: 4

Company: TELECOM ARGENTINA SA
Filing Date: 2025-03-05
Form: 6-K
Chunk 4
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 “Voluntary Reserve to maintain the capital investments level and the Company’s current level of solvency”. (iii) Reclassify the amount of AR$93,077,304,540 from the account “Voluntary reserve to maintain the capital investments level and the Company’s current level of solvency” (which will amount, as a consequence, to AR$1,164,365,049,990) by charging that amount to the account “Contributed Surplus”, which, after giving effect to such reclassification, will total AR$2,488,650,848,653. (iv) Submit for the consideration of the Shareholders’ Meeting the delegation of powers to the Board of Directors in order to totally or partially withdraw the “Voluntary reserve to maintain the capital investments level and the Company’s current level of solvency” and to distribute dividends in cash or in kind or any combination of both options.

We note that this proposal regarding the Retained Earnings of the Fiscal Year 2024 sets forth amounts in constant currency as of December 31, 2024.

Proposal for the Fourth Item on the Agenda:

No proposal is formulated on this item, for which the Shareholders’ Meeting will consider the performance of the Members of the Board of Directors and the Members of the Supervisory Committee of Telecom Argentina who have served during the Fiscal Year 2024.

Proposal for the Fifth Item on the Agenda:

The proposal to the Shareholders’ Meeting is to: “Approve a total compensation of AR$3,574,607,443 to the Members of the Board of Directors of Telecom Argentina who served since January 1 st, 2024 up to December 31, 2024 to be distributed, in the manner that the Board of Directors resolves.”

Proposal for the Sixth Item on the Agenda:

The Board proposes to: “Authorize the Board of Directors to pay advances on fees to those Directors of Telecom Argentina that during the Fiscal Year 2025 serve as independent directors or perform technical-administrative tasks or perform special assignments (within the guidelines determined by the General Corporations Law and contingent upon what the Shareholders’ Meeting resolves).”

Proposal for the Seventh Item on the Agenda:

The Board proposes to the Shareholders Meeting to: “Approve a total compensation of AR$328,782,707 for the Supervisory Committee of Telecom Argentina who served since January 1, 2024 up to December 31, 2024, to be equally distributed among the five regular Members of said Committee