TIMB board update: Alves steps down; Delfino elected effective Dec 1
Rhea-AI Filing Summary
TIM S.A. (TIMB) announced a board change: Herculano Aníbal Alves resigned as a member of the Board of Directors, effective December 1, 2025. On the same date, the Board elected Denísio Augusto Liberato Delfino to serve as a director, also effective December 1, 2025.
Mr. Denísio is a Brazilian executive with deep financial-market experience, including roles as CEO of BB Asset Management and director at Previ. His background spans Corporate Governance, Capital Markets, and Private Banking at Banco do Brasil and a tenure at the Ministry of Finance. He holds a PhD and Master’s in Economics (FGV) and a bachelor’s in Economics (Federal University of Viçosa). He has served on the PRI Council for Latin America, sits on Neoenergia’s Board and Sustainability Committee, and on Gerdau’s Fiscal Council. TIM thanked Mr. Alves for his service and will provide updates on leadership matters as required.
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Insights
Board transition disclosed; routine leadership refresh.
TIM S.A. reports a director resignation and a replacement effective December 1, 2025. The company immediately filled the seat with Denísio A. L. Delfino, maintaining board continuity. This is a standard governance action and does not change operating plans stated elsewhere.
The appointee’s profile emphasizes financial-market expertise, prior leadership at BB Asset Management, and roles at Previ and the Ministry of Finance. He also holds governance-linked positions at Neoenergia and Gerdau, aligning with board oversight needs.
Future disclosures may outline committee assignments or further board composition details. The filing cites compliance with CVM Resolution No. 44 and Novo Mercado rules, indicating adherence to timely market communication.
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: November 3, 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
CNPJ/MF 02.421.421/0001-11
NIRE 33.300.324.631
NOTICE TO THE MARKET
RESIGNATION AND ELECTION OF A MEMBER OF THE BOARD OF DIRECTORS
TIM S.A. ("TIM" or "Company") (B3: TIMS3; NYSE: TIMB), in accordance with article 157 of Law No. 6,404/1976, with the provisions of CVM Resolution No. 44 and with article 26 of the Novo Mercado Regulation, hereby informs its shareholders, the market in general and other interested parties that:
On today's date, Mr. Herculano Aníbal Alves presented to the Company his resignation from the position of member of the Board of Directors, with effect from December 1, 2025.
Due to the above resignation, on this date, the Board of Directors elected Mr. Denísio Augusto Liberato Delfino to the position of member of the Board of Directors with effect from December 1, 2025.
Mr. Denísio is Brazilian and has extensive experience in the financial market, having served as CEO of BB Asset Management and as a director at Previ, the largest pension fund in Brazil. He worked for more than 20 years at Banco do Brasil in areas such as Corporate Governance, Capital Markets and Private Banking, in addition to having worked at the Ministry of Finance. He holds a PhD and a Master's degree in Economics from FGV and a bachelor's degree in Economics from the Federal University of Viçosa. Until September 2025, he represented Latin America on the Council of Principles for Responsible Investment (PRI). He is currently a member of the Board of Directors and the Sustainability Committee of Neoenergia and a member of the Fiscal Council of Gerdau. Recognized by Forbes as one of the top 10 CEOs in 2024, he has advanced certifications in financial markets and solid performance in ESG and investments.
TIM expresses its gratitude to Mr. Herculano Aníbal Alves for his commitment and dedication in the performance of his duties at the Company and wishes him success in his new professional career.
The Company will keep its shareholders and the market in general duly informed of relevant updates related to its leadership, pursuant to CVM Resolution No. 44 and applicable legislation.
Rio de Janeiro, November 03, 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: November 3, 2025 | By: | /s/ Alberto Mario Griselli | |
| Alberto Mario Griselli | |||
| Chief Executive Officer, Chief Financial Officer and Investor Relations Officer | |||