Dear Associate:

We inform you that yesterday, 4/11/2024, ADIMRA and other Metallurgical Chambers that make up the Negotiation Unit signed an agreement with UOMRA within the framework of the hearing convened by the Ministry of Labor.

An increase in basic salaries of 20.6% was agreed as of February 1, 2024 and 13.2% as of March 1, 2024.

In addition, and given the exceptional and extraordinary circumstances that arose during the negotiation process that prevented reaching an agreement beforehand, *it was agreed that the retroactive payment corresponding to the months of February and March 2024 will be paid jointly with the salaries April on a non-remunerative basis (notwithstanding which lleva contributions to social and union work in accordance with the Third Clause of the Agreement).

Companies may compensate the increases and/or advances granted in the months of February and March until the Non-Remunerative Allocation is met, and must guarantee the receipt of a net sum for each of the months equal to that corresponding to the retroactive payment. agreed. Those companies that have paid remunerative payments on account may make the corresponding rectification before AFIP.

In addition, it was agreed that as a calculation basis as of 3/31/2024 for the next negotiation that begins in April, an hourly value of the incoming category equivalent to the application of the CPI for the annual period April 2023- March 2024 of 292.7% compared to the hourly value as of 4/1/2023. This last acuerdo will be formalized once the 2024-2025 joint venture begins.

We attach below the text of the Agreement, the corresponding salary scales and new amounts of the Uom collective life and funeral insurance. 

Sincerely,

AIM Rosario