Company: TCMFF
Filing Date: 2025-05-19
Form Type: 6-K
Source: 0001104659-25-050264
Chunk: 121

Company: TELECOM ARGENTINA SA
Filing Date: 2025-05-19
Form: 6-K
Chunk 121
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, 2023, the Boards of Directors
of TASA and TMA resolved that, as all the conditions set forth in the Preliminary Merger Agreement and the Final Merger Agreement had
been met, the effective date of the Merger was January 1, 2024, and all rights, human resources, and obligations of the absorbed
company were transferred on that date.

As of the effective date of the merger, TMA continued
TASA’s activities, generating the corresponding operating, accounting and tax effects. On that date, TMA, as the absorbing and continuing
company, incorporated all assets and liabilities, including registered properties, rights and obligations previously belonging to TASA
as the absorbed company, and the transfer of all human resources was completed.

As a result of the merger, the absorbed company
was early dissolved without liquidation, and its shares were canceled.

Finally, on January 23, 2024, the merger
was submitted to the IGJ for registration, and on March 4, 2024, the merger was officially registered.

There follows a breakdown of TASA’s balances
by item, net of eliminations, incorporated as of January 1, 2024 (the effective date of the merger):

| Amounts in Pesos                       |     | 12/31/2023 |                   |
| ASSETS                                 |     |            |                   |
| A) NON-CURRENT ASSETS                  |     |            | 1,302,395,729,874 |
| Intangible assets                      |     |            |    13,428,012,344 |
| Property, plant & equipment            |     |            | 1,173,911,611,101 |
| Rights-of-use assets                   |     |            |    11,984,790,926 |
| Investment properties                  |     |            |    28,078,645,932 |
| Investments in companies               |     |            |             7,846 |
| Financial assets                       |     |            |       590,261,318 |
| Other assets                           |     |            |    70,056,612,964 |
| Tax credits                            |     |            |     4,345,787,443 |
| B) CURRENT ASSETS                      |     |            |   491,055,069,913 |
| Inventories                            |     |            |    21,277,920,785 |
| Trade receivables