TIM S.A. (NYSE: TIMB) declares R$480M Interest on Shareholders’ Equity
Rhea-AI Filing Summary
TIM S.A. is distributing R$ 480,000,000.00 as Interest on Shareholders’ Equity, a form of cash return similar to a dividend under Brazilian rules. The board approved the payment on September 23, 2025.
The gross amount is currently estimated at R$ 0.1994037422 per share and may change depending on the number of treasury shares from buybacks, in which case a new notice will be issued. Shareholders of record on September 26, 2025 are entitled to receive the payment, and the cash will be paid by January 21, 2026.
A 15% withholding income tax will be deducted from the Interest on Shareholders’ Equity, except for shareholders who are exempt or have differentiated tax treatment and provide proof by September 26, 2025. Payments will be processed mainly through B3 and Banco Bradesco channels, according to how the shares are held.
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Insights
TIM announces a sizable cash distribution via Interest on Shareholders’ Equity.
TIM S.A. approved a distribution of R$ 480,000,000.00 as Interest on Shareholders’ Equity, with an estimated gross amount of R$ 0.1994037422 per share. This is a direct cash return to shareholders under Brazilian corporate tax rules, functioning economically like a dividend for investors who receive it.
The record date is September 26, 2025, meaning only holders on that date participate, and payment will occur by January 21, 2026. The company notes the per-share figure may change if its treasury share count changes through buybacks, highlighting the link between repurchase activity and the final cash per share.
A standard 15% withholding income tax applies, except for exempt or differently taxed shareholders who submit documentation by September 26, 2025. Overall, this is a routine capital return decision; its significance for any investor depends on portfolio objectives and local tax status.
UNITED
STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
Date of Report: September 23, 2025
Commission File Number: 001-39570
TIM S.A.
(Exact name of Registrant as specified in its Charter)
João
Cabral de Melo Neto Avenue, 850 – North Tower – 12th floor
22775-057 Rio de Janeiro, RJ, Brazil
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F ☒ Form 40-F ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1).
Yes ☐ No ☒
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7).
Yes ☐ No ☒
TIM S.A.
Publicly-Held Company
Corporate Taxpayer's ID (CNPJ/ME): 02.421.421/0001-11
Corporate Registry (NIRE): 33.300.324.631
NOTICE TO THE SHAREHOLDERS
PAYMENT OF INTEREST ON SHAREHOLDERS’ EQUITY
TIM S.A. (“TIM” or "Company") (B3: TIMS3; NYSE: TIMB), informs that its Board of Directors approved today, September 23, 2025, the distribution of R$ 480,000,000.00 (four hundred and eighty million reais) as Interest on Shareholders’ Equity.
The payment will be made by January 21st, 2026, and September 26th, 2025, is the date for identification of shareholders entitled to receive such values. Thus, the shares acquired after that date will be ex-Interest on Shareholders’ Equity rights.
1 – INTEREST ON SHAREHOLDERS’ EQUITY PER SHARE:
| Gross value per share | Total amount | |
| Interest on Shareholders’ Equity | R$ 0.1994037422 | R$ 480,000,000.00 |
The gross value per share is estimated and may be modified due to the variation in the number of treasury shares as a result of share buybacks carried out under the current program. In this case, the Company will issue a new Notice to the Shareholders informing the final value per share.
2 – WITHHOLDING TAX:
2.1. 15% of the Income Tax will be retained (Withholding Income Tax), for the occasion of the credit of Interest on Shareholders' Equity, except for shareholders who have differentiated taxation or who are exempt from taxation.
2.2. The shareholders mentioned above must prove this condition by September 26th, 2025 by means of an exemption letter, which should be sent first to the electronic address – dac.escrituracao@bradesco.com.br – and, subsequently, the hard copy should be mailed to Banco Bradesco S/A – Cidade de Deus, s/n, Vila Yara – Osasco/SP – CEP: 06029-900 – Prédio Amarelo – Departamento de Ações e custódia – Escrituração de Ativos.
3 - FORMS OF PAYMENT (BOOK-ENTRY SHARES):
3.1. The Interest on Shareholders' Equity related to shares custody by CBLC (Companhia Brasileira de Liquidação e Custódia) will be paid by B3 S.A. - Brasil, Bolsa, Balcão, which will transfer to the shareholders through custody agents;
3.2. Credit on account indicated by the shareholder at Banco Bradesco S/A;
3.3. Payment of Interest on Shareholders' Equity by Banco Bradesco S/A branches, in the case of shareholders who do not meet the aforementioned conditions; and
3.4. Additional information may be obtained at any branches of Banco Bradesco S/A. or through the e-mail address informed on item 2.2.
Rio de Janeiro, September 23, 2025.
TIM S.A.
Vicente de Moraes Ferreira
Investor Relations Officer
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| TIM S.A. | |||
| Date: September 23, 2025 | By: | /s/ Alberto Mario Griselli | |
| Alberto Mario Griselli | |||
| Chief Executive Officer, Chief Financial Officer and Investor Relations Officer | |||
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