Welcome to our dedicated page for Tim S A SEC filings (Ticker: TIMB), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
TIM S.A. filings document the disclosure record of a Brazilian telecommunications company with American depositary shares listed under TIMB. The company files Form 20-F annual reports with financial and operational data, audited financial statements, Sarbanes-Oxley certifications, and internal-control reporting, alongside Form 6-K current reports for foreign issuers.
Recent filings cover quarterly individual and consolidated information, results presentations, related-party and management security disclosures, Fiscal Council minutes, contingencies, sustainability index notices, debenture terms tied to an eco-efficiency target, and the completed acquisition of the remaining interest in I-Systems. The record also reflects governance, capital-structure, debt, risk, and ADR-related disclosure subjects.
TIM S.A. Chief Executive Officer Alberto Mario Griselli has filed an initial ownership report on Form 3. The filing shows he directly holds 220,759 common shares of TIM S.A. This is a statement of existing beneficial ownership rather than a report of new share purchases or sales.
TIM S.A. reports consolidated information on securities holdings and transactions by its board of directors, executive management, fiscal council, advisory bodies, controlling shareholder and related parties, in accordance with CVM Resolution 44/21.
The controlling shareholder section lists a holding of 67.386500% of common registered shares, corresponding to 1,611,969,909 shares. Individual directors and related parties show very small ownership percentages, such as 0.021617%, 0.012389% and 0.011928%, including positions linked to a compensation plan.
TIM S.A. filed a report summarizing a Fiscal Council meeting held with the Statutory Audit Committee. The Council reviewed the methodology for calculating 2026 interest on shareholders’ equity and a proposal to simplify how these payments are submitted and approved, and expressed a favorable opinion, noting projected benefits and compliance with applicable rules.
The members also evaluated a Tax Contingencies Report supported by an external legal review that recognized the company’s technical soundness in handling tax litigation and adherence to accounting standards and market practices. The Council accepted management’s explanations and confirmed that existing controls and procedures meet the recommendations presented.
TIM S.A. calls an annual and extraordinary shareholders’ meeting for March 31, 2026 to approve 2025 accounts, profit allocation, board and fiscal council elections, compensation and by-law changes, including an extension and 19th amendment of its Cooperation and Support Agreement with Telecom Italia.
In 2025, net revenue reached R$26.6 billion, up 4.6% year over year, while Adjusted EBITDA was R$13.53 billion and net income rose 36.7% to R$4.31 billion. Adjusted net debt was R$11.09 billion, equal to 0.8x Adjusted EBITDA, with gross debt of R$16.03 billion and strong interest coverage of 7.6x.
The company proposes allocating 92.76% of 2025 profit as gross dividends and interest on equity totaling R$4.0 billion, plus R$900.8 million paid from prior years’ earnings. TIM repurchased 33.5 million shares in 2025, cancelling 28.7 million, and plans 2026 capex of R$4.4–4.6 billion focused on 5G, broadband and B2B growth.
TIM S.A. announced changes to its Board of Directors. Mr. Nicandro Durante resigned as member and Chairman of the Board, and from his roles as Chairman of the Compensation Committee, Chairman of the Environmental, Social & Governance Committee, and member of the Statutory Audit Committee, effective from March 31, 2026.
Following his resignation, the Board elected Mr. Adrian Calaza as Chairman and appointed Mr. Camillo Greco as a Board member, both effective from March 31, 2026. The company highlighted Mr. Greco’s background in investment banking and finance and expressed gratitude to Mr. Durante for his service, stating it will inform shareholders of further leadership updates in line with applicable regulations.
TIM S.A. reported that its board met and approved key items for the 2026 cycle. Directors endorsed updated guidelines for the company’s 2026–2028 industrial plan, the methodology for interest on shareholders’ equity in 2026, and the 2026 Management by Objectives incentive program.
The board backed a compensation proposal for directors, officers, committee members and the fiscal council for 2026, to be submitted to shareholders. It also approved sending to an extraordinary meeting the 19th amendment extending the Cooperation and Support Agreement with Telecom Italia and a bylaws change updating the number of outstanding shares after treasury share cancellations.
Chairman Nicandro Durante tendered his resignation effective March 31, 2026, and the board appointed Adrian Calaza as the next chairman and rebalanced committee memberships. The board also appointed Camillo Greco as a director subject to shareholder ratification and called an annual and extraordinary shareholders’ meeting for March 31, 2026 with a detailed agenda.
TIM S.A. is calling an Annual and Extraordinary General Meeting for March 31, 2026 at 2:30 p.m. in Rio de Janeiro. Shareholders will vote on the 2025 management report and financial statements and on how to allocate 2025 results, including dividends. TIM reports net income of R$ 4,311,984,064.94 for the 2025 fiscal year.
The agenda also includes ratifying two Board appointments, electing a Fiscal Council with three effective and three alternate independent members, and approving 2026 compensation budgets for the Board, Statutory Board, Committees and Fiscal Council. Shareholders will further decide on extending the Cooperation and Support Agreement with Telecom Italia via its 19th amendment and amending the bylaws to reflect a new capital stock after share cancellations approved in December 2025. Participation is allowed in person, via proxy or through a remote voting ballot under CVM Resolution 81/2022.
TIM S.A. has called its Annual and Extraordinary General Shareholders’ Meeting for March 31, 2026 at 2:30 pm in Rio de Janeiro. Shareholders will vote on the 2025 management report and financial statements, how to allocate 2025 results, and the distribution of dividends.
They will also address board matters, including confirming prior Board of Directors appointments, assessing an independent board candidate under Novo Mercado rules, electing the Fiscal Council, and approving 2026 compensation for management, committees, and the Fiscal Council. The extraordinary agenda covers extending a Cooperation and Support Agreement with Telecom Italia S.p.A. via its 19th amendment and approving revised, consolidated by‑laws.
TIM S.A. outlines a 2026 strategic plan focused on turning revenue growth into stronger cash generation, built around mobile, broadband, B2B, AI, efficiency and ESG. The company aims to become an AI-first organization, modernize its network, expand 5G coverage and strengthen customer engagement through digital channels and personalized offers.
For 2026 guidance, TIM targets service revenue growth of about 5% year over year and EBITDA growth of 6%–8% on a normalized basis. Nominal capex is projected at R$ 4.4–4.6 billion, while EBITDA-AL minus capex is expected to rise 11%–14% to R$ 5.3–5.5 billion, supporting faster growth in shareholder returns.
TIM S.A. updated its 2026 strategic plan projections, targeting real service revenue growth above inflation and a stronger mix across mobile, broadband, and B2B services. The company expects service revenue to grow about 5% year over year, supported by cost discipline, digitalization, and artificial intelligence initiatives.
TIM is guiding for EBITDA growth of 6%–8% year over year and nominal capital expenditures of R$ 4.4–4.6 billion, excluding new spectrum assignments. Operating cash flow, measured as EBITDA-AL minus capex, is projected to grow 11%–14% year over year, and total shareholder remuneration related to fiscal 2026 is estimated at R$ 5.3–5.5 billion, subject to corporate approvals.