Company: TCMFF
Filing Date: 2025-05-19
Form Type: 6-K
Source: 0001104659-25-050264
Chunk: 70

Company: TELECOM ARGENTINA SA
Filing Date: 2025-05-19
Form: 6-K
Chunk 70
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 rights.

Additionally, on April 24, June 23,
September 4, and October 6, 2023, TASA approved new agreements with TMA, whereby the shareholder made irrevocable contributions
on account of future share subscriptions in the amounts of 5,000 million, 8,400 million, 9,800 million and 4,000 million pesos, respectively.
Furthermore, on May 8, 2023, TASA approved a new agreement with TLH HoldCo, whereby the shareholder made an irrevocable contribution
on account of future share subscriptions in the amount of 7,613,872,598 pesos.

On October 31, 2023, TASA’s shareholders
resolved to capitalize these irrevocable contributions by increasing TASA’s share capital by 34,813,872,598 pesos, represented by
348,138,725,980 book-entry preferred shares, of $0.10 nominal amount each and entitled to one vote per share, in accordance with the issuing
terms.

As a result of the above referred capitalizations,
TMA increased its interest in TASA from 77.64% to 79.06%, which remained unchanged until the effective date of the merger.

All the preceding figures are expressed in nominal
values, without restatement, as described in Note 2.1.b).

| 12. | Financial Assets and Liabilities |

| a) | Financial Assets |

The composition of financial assets as of December 31,
2024 and 2023 is as follows:

|                                         |     | 12/31/2024          |                |     |                     |                |     |                |                 |     | 12/31/2023          |                 |     |                |                 |
|                                         |     | Financial assets at 
 fair value through  
 profit or loss      |                |     | Financial assets at 
 fair value through  
 other               
 comprehensive       
 income              |                |     | Amortized cost |                 |     | Financial assets at 
 fair value through  
 other               
 comprehensive       
 income              |                 |     | Amortized cost |                 |
| Non-current financial assets            |     |                     |              - |     |                     | 19,416,719,630 |     |                | 129,543,660,430 |     |                     |  16,743,771,550 |     |                |     827,825,732 |
| Other