Company: TCMFF
Filing Date: 2025-05-19
Form Type: 6-K
Source: 0001104659-25-050264
Chunk: 67

Company: TELECOM ARGENTINA SA
Filing Date: 2025-05-19
Form: 6-K
Chunk 67
---
 increase of 28,372,979,020 was registered with the Public Registry of Commerce. On April 17, 2023, the Extraordinary
General Meeting of TMA, as a result of the reorganization process referred to in Note 1, approved a capital increase effective on the
effective date of the merger, which occurred on January 1, 2024, through the issuance of 1,450,022,273 shares of $1 nominal amount
each and entitled to one vote per share, following the capitalization of the integral capital adjustment account in the amount of 26,922,956,747,
which were delivered to the shareholder TLH HoldCo in replacement of the shares it held in TASA.

As a result of the effective merger date, and
according to the exchange ratio set forth in the Preliminary Merger Agreement and the Final Merger Agreement, and the ownership interest
TLH HoldCo held in TASA as of that date, TMA recognized as of that moment an issue premium for a total amount of 107,376,686,940 pesos.

On April 4, 2024, the Company entered into
an agreement with TLH HoldCo, whereby the shareholder offered to make an irrevocable contribution on account of a future subscription
of shares amounting to 7,455,870,000 pesos, which was approved by the Company’s Board of Directors on April 4, 2024. On May 2,
2024, the Company’s Ordinary and Extraordinary Shareholders' Meeting resolved to capitalize this irrevocable contribution and to
issue 305,710,819 book-entry ordinary shares of $1 nominal amount each and entitled to one vote per share in favor of TLH HoldCo. It also
resolved to capitalize the capital adjustment account of equity, which amounted to 57,504,708,733, by issuing 57,504,708,733 shares of
$1 nominal amount each, which were distributed pro-rata among the shareholders.

As a result, following the capitalization of the
Irrevocable Contributions, the share capital was increased to the amount of 86,461,307,278 pesos, represented by 86,461,307,278 book-entry
ordinary shares of $1 nominal amount each and entitled to one vote per share.

All the preceding figures are expressed at nominal
values, without restatement.

| b) | Dividends |

During fiscal years ended December 31