Telecom Argentina S.A. (TEO) Q2 2026 Earnings Call Prepared Remarks Transcript

Good morning. On behalf of Telecom Argentina, I would like to thank everybody for participating in this conference call. The participants of today's conference call are Roberto Nóbile, Chief Executive Officer; Manuel García Diez, who recently joined Telecom Argentina as Chief Financial Officer and is participating in his first earnings conference call; Federico Pra, Financial Director; and myself, Luis Ubago, Head of Investor Relations. The purpose of this call is to share with you the results of the first half and second quarter ended on June 30, 2026.

If you have not received our press release or presentation, you can call our Investor Relations office to request the documents or download them from the Investor Relations section of our website located at inversores.telecom.com.ar. I would like to go over some safe harbor information and other details of the quarter.

We would like to clarify that during the conference call and Q&A session, we could mention certain forward-looking statements about Telecom's future performance, plans, strategies and objectives. Such statements are subject to uncertainties that could cause Telecom's actual results and operations to differ materially. Such uncertainties include, but are not limited to, the effects of ongoing industry and economic regulations, possible changes in the demand for Telecom's products and services, the effects of potential changes in general market and economic conditions and in legislation. A press release dated August 7, 2026, a copy of which was included in our Form 6-K sent to the SEC, describes certain factors that may affect any forward-looking statements that could be mentioned during this call. The company has reflected the effects of the inflation adjustment adopted by Resolution 777/18 of