Telecom Argentina SA reports consolidated results for the first half ("1H24") and second quarter of fiscal year 2024 ("2Q24")**

Market capitalization (NYSE: TEO): US$3,036.7 million *Note: For the figures included in the FFSS, the Company has taken into account the effects of the inflation adjustment adopted by Resolution 777/18 of the Comisión Nacional de Valores (“CNV”), which established that …

Market Cap (NYSE: TEO): US$3,036.7 million*

Remark: For the figures included in the FFSS, the Company has taken into account the effects of inflation adjustment adopted by Resolution 777/18 of the Comisión Nacional de Valores (“CNV”), which stipulates that the revision will be applied to annual, interim and special periods ending on December 31, 2018. Accordingly, the reported figures corresponding to 1H24 include the effects of the introduction of inflation accounting in accordance with IAS 29. Therefore, comments regarding variations in results between 1H24 and 1H23 mentioned in this press release correspond to “inflation-adjusted figures” or “constant” figures.

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