Company: TCMFF
Filing Date: 2025-05-19
Form Type: 6-K
Source: 0001104659-25-050264
Chunk: 66

Company: TELECOM ARGENTINA SA
Filing Date: 2025-05-19
Form: 6-K
Chunk 66
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538 |     |           | (28,554,795,304  | ) |     |               |  32,574,664,143 |
| Contract fulfillment costs |     |               |  96,398,183,952 |     |           |  93,207,169,461 |     |           | (84,533,585,773  | ) |     |               | 105,071,767,640 |
| Total                      |     |               | 131,722,089,861 |     |           | 119,012,722,999 |     |           | (113,088,381,077 | ) |     |               | 137,646,431,783 |

| 11. | Equity |

| a) | Capital stock and Issue Premium |

At the end of fiscal years 2024 and 2023 the nominal
amount of capital stock is as follows:

|                  |     | Number of      
 subscribed and 
 paid in shares |                |     |            |             |     | Nominal amount in Pesos of     
 subscribed and paid in capital |                |     |            |             |
|                  |     | 12/31/2024     |                |     | 12/31/2023 |             |     | 12/31/2024                     |                |     | 12/31/2023 |             |
| Number of shares |     |                | 86,461,307,278 |     |            | 277,908,706 |     |                                | 86,461,307,278 |     |            | 277,908,706 |
| TOTAL            |     |                | 86,461,307,278 |     |            | 277,908,706 |     |                                | 86,461,307,278 |     |            | 277,908,706 |

On January 17, 2023, the Company’s
Board of Directors received a notifice from TLH on the terms of Section 215 of the General Companies Law, informing on the transfer
of all the shares in the Company to TLH HoldCo, and proceeding to register the transfer in the Company’s Register of Shareholders.
Both companies are controlled by TSA.

TLH HoldCo directly controls TMA, holding a 99.9996%
interest therein.

As a result of the merger process, on March 4,
2024, a capital