Telecom Argentina S.A. announced that the company on January 3, 2022, submitted a proposal for an export credit line for a total amount of up to USD 23,367,200 to the following entities: JPMorgan Chase Bank, N.A., as agent of the facility, initial lender and residual risk guarantor, JPMorgan Chase Bank, N.A., Buenos Aires branch, as onshore custody agent, and JPMorgan Chase Bank, NA and Export Development Canada as lead co-organizers, which was accepted on the same date. The facility will be guaranteed by the official export credit agency of Canada, Export Development Canada (EDC), subject to the terms and conditions established by EDC. Finally, it is informed that the proceeds of the loans made under the facility will be used to finance up to 85% of the payments made or to be made by the company to the suppliers under the supply agreement for eligible goods and services originated outside of Argentina and delivered within the applicable delivery period, up to 50% of the payments made or to be made by the company to the suppliers under the supply agreement for goods and services originated in Argentina and subject to certain limits and conditions established by EDC, and the payment of the applicable premium due to EDC in respect of such loan.