Company: TCMFF
Filing Date: 2025-05-19
Form Type: 6-K
Source: 0001104659-25-050264
Chunk: 75

Company: TELECOM ARGENTINA SA
Filing Date: 2025-05-19
Form: 6-K
Chunk 75
---
The original plan was expanded in 2024, maintaining
the conditions outlined in the original plans, with the initiatives called “Voluntary Retirement Plan”, “Voluntary Early
Retirement Plan” and “Matrix and Focused Plans” primarily offering, for all individuals who meet certain age and seniority
requirements, of certain specific areas of the organization, a financial compensation, corporate prepaid health plan coverage and advice
regarding retirement matters.

Additionally, in December, in order to extend
the deadline for these initiatives, the Executive Committee decided to allocate a new financial cap for the company, totaling 19,600 million
pesos, to be used within a defined period or until the cap is exhausted. This decision was communicated on December 31, 2024.

At the end of the fiscal year, a liability for
payment commitments was recorded, calculated with its estimated costs according to the plan and the number of employees who adhered to
it, amounting to 46,386 million pesos.

”

In line with the strategy of simplification of the organizational structure
implemented in recent years, in December 2024, the Company announced the launch of a voluntary retirement plan called “Prejubilable 2024”.

This plan, addressed to male employees over 60
years of age and female employees over 55 years of age, with a minimum seniority of 15 years, offers a voluntary retirement option, together
with an economic proposal and prepaid health coverage for a specific period of time after retirement. The period to join the plan expires
on March 14, 2025, or when the defined financial cap of 3.160 million pesos is exhausted, which amount was recorded during fiscal
year 2024.

As of December 31, 2024, a liability of 3,518
million pesos remains, representing the expected value of payment commitments calculated on the basis of the estimated costs of the plan's
economic conditions and the number of employees who joined it.

Post-employment Defined Benefit Plans

The Company has a defined benefits plan. The table
below summarizes the amounts of such plan:

|               |     | 12/31/2024 |               |     | 12/31/2023 |               |
| Obligation    |     |            | 7,521,122,419 |     |            | 5,148,853,263 |
| Net provision |     |            | 7,521,122,419 |     |            |