[Form 3] TELECOM ARGENTINA SA Initial Statement of Beneficial Ownership

Rhea-AI Filing Summary

TELECOM ARGENTINA SA director Luca Luciani filed an initial insider ownership report on Form 3. The filing lists him as a director but does not report any transactions or derivative positions, indicating this is a baseline disclosure of his status as an insider rather than a trading event.

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SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Luciani Luca

(Last) (First) (Middle)

GENERAL HORNOS 690

(Street)

BUENOS AIRES C1 C1272ACK

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
03/16/2026

3. Issuer Name and Ticker or Trading Symbol
TELECOM ARGENTINA SA [ TEO ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney

No securities are beneficially owned.

	/s/ Luis Fernando Rial Ubago, Attorney-in-fact	03/16/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What does Luca Luciani’s Form 3 filing for TELECOM ARGENTINA SA (TEO) show?

The Form 3 filing shows that Luca Luciani is a director of TELECOM ARGENTINA SA. It reports no insider transactions or derivative positions, serving as an initial baseline disclosure of his insider status.

Does the TELECOM ARGENTINA SA (TEO) Form 3 for Luca Luciani report any share purchases or sales?

No, the Form 3 reports no insider share purchases or sales. All transaction-related counts, including buys, sells, exercises, gifts, and tax withholdings, are shown as zero in the transaction summary.

Is Luca Luciani reported as a major (10%+) shareholder of TELECOM ARGENTINA SA (TEO)?

The filing identifies Luca Luciani as a director but not as a ten percent owner. The field for ten percent owner status is set to zero, indicating he is not reported as holding 10% or more of the shares.

Does the TELECOM ARGENTINA SA (TEO) Form 3 disclose any derivative securities for Luca Luciani?

No, the Form 3 shows an empty derivativeSummary, meaning no options, warrants, or other derivative positions are listed for Luca Luciani in this initial ownership report.

What does a neutral net buy/sell direction mean in the TELECOM ARGENTINA SA (TEO) Form 3?

A neutral net buy/sell direction means there were no reported insider transactions. For Luca Luciani, buy, sell, exercise, gift, and other transaction counts and share amounts are all zero in this filing.