Telecom Argentina (TEO) director discloses 188,500 Class B shares in Form 3

Rhea-AI Filing Summary

TELECOM ARGENTINA SA director Luis Alberto Gonzalez Baruki filed an initial ownership report on Form 3. The filing shows he directly owns 188,500 Class B Shares after the reported holdings. This is a disclosure of his existing stake and does not reflect any new purchase or sale of shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Gonzalez Baruki Luis Alberto

Role Director

Type	Security	Shares	Price	Value
holding	Class B Shares	--	--	--

Holdings After Transaction: Class B Shares — 188,500 shares (Direct)

Footnotes (1)

Understanding Insider Trading Forms →

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^*

Gonzalez Baruki Luis Alberto

(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)
Class B Shares	188,500	D

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

	/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 the TELECOM ARGENTINA (TEO) Form 3 filing report?

The Form 3 filing reports director Luis Alberto Gonzalez Baruki’s existing ownership in TELECOM ARGENTINA. It discloses his direct holding of 188,500 Class B Shares, serving as an initial statement of beneficial ownership rather than documenting a new transaction.

Did Luis Alberto Gonzalez Baruki buy or sell TELECOM ARGENTINA (TEO) shares in this Form 3?

The Form 3 does not show any new buy or sell transaction. It only records that Luis Alberto Gonzalez Baruki holds 188,500 Class B Shares directly, functioning as a baseline ownership disclosure as he becomes a reportable insider.

How many TELECOM ARGENTINA (TEO) shares does the director report owning?

The director reports owning 188,500 Class B Shares of TELECOM ARGENTINA. This figure is listed as the total number of shares held following the reported holdings and represents his direct beneficial ownership position in the company’s equity.

What type of security is disclosed in the TELECOM ARGENTINA (TEO) Form 3?

The Form 3 discloses ownership of Class B Shares of TELECOM ARGENTINA. These are equity securities of the company, and the filing records that 188,500 of these Class B Shares are held directly by the reporting director.

Does the TELECOM ARGENTINA (TEO) Form 3 show any derivative securities?

The Form 3 does not list any derivative securities for the reporting person. The filing focuses solely on non-derivative holdings, specifically 188,500 Class B Shares, with no options, warrants, or other derivative positions reported in the derivative section.