TIM S.A.

TIM Participações operates as a telecommunications company. The company holds all necessary authorizations for its operations, which were previously issued to other companies under its control. Radiofrequency (RF) authorizations are typically valid for up to 20 years initially and are renewable for an equal additional period following the 2021 revision of the General Telecommunications Law. TIM Participações' current authorizations began expiring in September 2022, and the company has started requesting renewals as these authorizations reach the end of their original terms. If authorizations cannot be renewed, the spectrum is returned to the Brazilian Federal Government under ANATEL's management. In March 2022, TIM Participações completed the implementation of its standalone 5G network CORE, which was necessary to provide fifth-generation services in line with government requirements. ANATEL approved a revised schedule for granting access to the 3.5 GHz spectrum band, enabling 5G network activation in Brasília and the Federal District after August 2022, and commencing commercial 5G SA operations across Brazil. In 2022, the company began its 5G rollout and now has 5G coverage in Brasília and all 26 state capitals. The company aims to reach a total of 1,089 cities by the end of 2025, with a focus on São Paulo, Rio de Janeiro, Curitiba, Recife, Salvador, Brasília, and Fortaleza, where 100% of neighborhoods were covered. The acquisition of any frequency made available by ANATEL for mobile services is a priority for the company.