Telecom Argentina S.A. entered into a loan agreement with the International Finance Corporation (“IFC”) (the “Loan”). The disbursement of funds under the Loan will be made by IFC as may be requested by the Company, subject to the fulfillment of certain conditions precedent. Finally, it is informed that the Company's Board of Directors authorized the financing referred to herein in its meeting held on June 27, 2022, subject to the completion of the negotiations.