Tim S A SEC Filings

Viegas Marques Andrea Palma reported acquisition or exercise transactions in this Form 4 filing.

TIM S.A. Chief Financial Officer Andrea Palma Viegas Marques reported new equity awards tied to company performance. On May 5, 2026, she was granted 16,644 and 63,298 common shares at no cash cost, reflecting performance shares granted in 2023 and 2024 that were earned after the board certified results, including accrued dividend equivalent units. She was also awarded 3,907 restricted shares, each representing a contingent right to receive one common share minus withholding taxes, bringing her reported restricted-share holdings to 26,042. The 2023 and 2024 performance-related common shares vest in stages over three years, while the restricted shares vest on July 31, 2026, all subject to her continued service.

Oliveira Ana Cristina Menezes reported acquisition or exercise transactions in this Form 4 filing.

TIM S.A. reported that officer Ana Cristina Menezes Oliveira received a grant of 2,617 Common Shares as equity compensation, following the Board of Directors’ certification of performance for portions of performance shares granted in 2024. The award, including accrued dividend equivalent units, vests 10%, 20% and 70% on the first three anniversaries of the 2024 grant date, subject to her continued service. After this grant, she directly holds 3,858 Common Shares.

TIM S.A. Chief Executive Officer Alberto Mario Griselli reported two equity compensation grants of common shares. On May 5, 2026, he acquired 99,692 common shares and 397,022 common shares at no cash price as awards tied to performance share programs.

The first award reflects shares earned from performance shares granted in 2023, including accrued dividend equivalent units, which vest 20%, 30% and 50% on the first three anniversaries of the original grant date. The second award reflects shares earned from portions of 2024 performance share grants, vesting 10%, 20% and 70% on the first three anniversaries of that grant date, in each case subject to his continued service.

TIM S.A. has completed the acquisition of the remaining 51% of the share capital of I-Systems Soluções de Infraestrutura S.A., after all conditions precedent were fulfilled on May 6, 2026. With this closing, TIM now owns 100% of I-Systems, which becomes a wholly owned subsidiary.

The final purchase price for the remaining stake was R$947 million, with all other terms and conditions unchanged from those previously disclosed in the February 11, 2026 material fact.

TIM S.A. reports Q1 2026 consolidated results and completes the acquisition of V8.Tech. Consolidated net revenue reached R$ 6,806,150 thousand, while net profit was R$ 817,093 thousand, slightly above the prior year. Operating cash generation remained strong, with consolidated net cash from operating activities of R$ 2,666,012 thousand.

Total consolidated assets stood at R$ 57,796,095 thousand and shareholders’ equity at R$ 24,420,124 thousand. TIM closed the purchase of 100% of V8.Tech for total consideration of R$ 166,006 thousand, recognizing R$ 128,602 thousand of goodwill and a new customer relationship intangible, reinforcing its B2B and digital solutions offering.

TIM S.A. reported 1Q26 net revenue of R$6,806 million, up 6.5% year over year, driven by mobile and Ultrafibra services. Service revenue also grew 6.5%, while mobile service revenue rose 5.6% and fixed service revenue increased 22.8%, including Ultrafibra growth.

Normalized EBITDA-AL reached R$2,523 million, up 7.8%, with a margin of 37.1%. Operating cash flow was R$1,169 million (up 16.8%), and operating free cash flow was R$453 million (up 54.0%), after Capex of R$1,354 million, or 19.9% of revenue.

Postpaid mobile ARPU rose to R$55.1, and Ultrafibra customers grew 11.4% to 880 thousand. TIM advanced its B2B and digital ecosystem with the V8.Tech acquisition, a deal to acquire the remaining 51% of I-Systems, a new financial-services partnership with PicPay, and expanded AI initiatives.

TIM S.A. reports early-year 1Q26 results with solid growth in core businesses. Total net revenue reached R$6,806 million, up 6.5% year over year, driven by both mobile and fixed services.

Mobile service revenue rose 5.6%, supported by postpaid growth and higher ARPU of R$33.7 per month, while prepaid revenue declined 6.5%. Broadband remained a highlight, with Ultrafibra net revenue up 11.4% and FTTH ARPU at R$93.8 per month, up 3.2%. Normalized EBITDA-AL grew 7.8% with a 37.1% margin, and operating cash flow increased 16.8% to R$1,169 million as capex discipline kept capex at 19.9% of net revenue. Normalized net income in 1Q26 was R$821 million, up 1.3%, while leverage remained low at 0.82x Net Debt/LTM EBITDA and -0.22x on a Net Debt-AL basis.

TIM S.A. furnished a Form 6-K presenting minutes of its Fiscal Council meeting and the council’s opinion on the company’s Q1 2026 quarterly information. The council reviewed tax, regulatory, civil and labor contingencies, examined the Quarterly Information Report, and heard Ernst & Young’s limited review, which reported no irregularities or reservations.

The Fiscal Council approved its 2026 work plan and unanimously elected Walmir Urbano Kesseli as its chairman, with a term running until the 2027 annual shareholders’ meeting. The council concluded that the quarterly information for the period ended March 31, 2026 is appropriate for submission to the Board of Directors under Brazilian Corporate Law.

TIM S.A. filed a Form 6-K to announce that it has been included in the ISE portfolio for the 18th consecutive year. The company states it is the telecommunications company with the longest continuous presence in this index, highlighting its ongoing focus on social, environmental and governance practices.