Slide 1: Classificado como Uso Interno
Classificado como Uso Interno
Slide 2: Disclaimer
Disclaimer This presentation contains Analysts and investors are Such forward-looking Financial figures are statements that constitute cautioned not to place undue statements are not presented forward-looking reliance on those forward-looking guarantees of future considering impacts statements regar
Slide 3: Early-year performance confirms consistency of our trajectory
Quarter Highlights Early-year performance confirms consistency of our trajectory (1Q26) SERVICE REVENUE MOBILE SERVICE REVENUE NEW PARTNERSHIP WITH MSR's performance once again Through the PicPay partnership, Growth driven by advances in reflected the consistency of the TIM expands its distribution
Slide 4: Solid net service revenue growth across mobile and fixed
Revenue Performance TOTAL NET REVENUE AT A SOLID PACE (Total Net Revenue in R$ Mln; %YoY) Solid net service Products 6,394 6.5% 6,806 162 revenue growth (+5.4% YoY) 153 391 319 Fixed² (+22.8% YoY) across mobile Mobile (+5.6% YoY) 5,922 6,253 and fixed 1Q25 1Q26 MOBILE FIXED Consistent mobile perform
Slide 5: Strengthening competitiveness across all segments through ongoing initiatives under our 3Bs strategy
Mobile Services Strengthening competitiveness across all segments through ongoing initiatives under our 3Bs strategy Best Network Best Offer Best Service NETWORK UPGRADE BRAND AND PERCEPTION DIGITAL EVOLUTION STRATEGY Network modernization in main urban BBB 26 sponsorship: TIM is leader in Meu TIM A
Slide 6: Enhancing TIM's Digital Ecosystem: PicPay as the new financial partner
New Revenue Opportunities: Partnerships Enhancing TIM’s Digital Ecosystem: PicPay as the new financial partner VALUE PROPOSITION TO TIM’S CLIENTS Two strong brands and massive-reach platforms are joining forces to create a Financial inclusion unique proposition and deliver a more complete, digital,
Slide 7: Ongoing operational improvements in Broadband are sustaining tangible results
Fixed: Broadband Services NET ADDS SUSTAINS GROWTH WHILE FTTH MIGRATION ACCELERATES (Broadband Client Base, ‘000) 11.4% 880 790 4 99.5% Running on FTTC 29 FTTH Network 761 876 92% operates at speeds FTTH of 400 Mbps or higher 1Q25 1Q26 BROADBAND REVENUES GREW FOR 2ND QUARTER IN A ROW (TIM Ultrafibra
Slide 8: B2B IoT Update Axia Partnership: First 5G-Enabled Hydropower Plant
B2B Evolution B2B IoT Update Axia Partnership: First 5G-Enabled Hydropower Plant CONTRACTED REVENUE GREW 30% YOY AND REACHED R$1.08 ENHANCING CONNECTIVITY AT AXIA STRATEGIC SITE BLN IN 1Q26 Itumbiara Power Plant to be equipped with simultaneous 4G Agribusiness and 5G coverage, to be implemented in 2
Slide 9: V8: Expansion of our B2B's value proposition
B2B Evolution V8: Expansion of our B2B’s value proposition V8 AT A GLANCE 10 +240 +300 R$40 Mln YEARS HISTORY CLIENTS EMPLOYEES NET REVENUES IN FEB AND MAR 2026 CONVERGENT IOT + AI APPLIED TO SOLUTIONS FOR BUSINESS VERTICALS TIM V8 + TIM: MULTIPLYING POTENTIAL Scale, capillarity, and Relationships w
Slide 10: AI Transformation: TIM's Technology Agenda starts bearing fruit
AI Transformation TIM’s Technology Agenda starts bearing fruit AI program SOFTWARE DEVELOPMENT Deployment of AI agents execution: early across the software development lifecycle to 31% Reduction in the # +22% deliverables enhance productivity, Of productivity of weeks to full gains optimize factory-
Slide 11: Resilient EBITDA expansion while EBITDA-AL maintains solid pace driven by lease efficiency
1Q26 REVENUES TO EBITDA-AL BREAKDOWN Resilient EBITDA (in R$ Mln) expansion while EBITDA-AL -3,519 maintains solid 6,806 -764 pace driven by 3,287 2,523 lease efficiency Net Revenues OPEX EBITDA Leases EBITDA-AL EBITDA EBITDA-AL Leases² growing +6.6% 48.3% +7.8% 37.1% below inflation YoY EBITDA¹ EBI
Slide 12: Operational discipline reinforcing cash flow generation
Financials Operational discipline reinforcing cash flow generation CONSISTENT EXECUTION SUPPORTS OpCF GROWTH OpFC MARGIN RAMP-UP (OpCF represents normalized¹ EBITDA-AL minus Capex in R$ Mln; %YoY) (OpCF over Net Revenues, %) 15.7% 17.2% 1,169 13.8% 9.4% 16,8% 5.2% 1,001 1Q22 1Q23 1Q24 1Q25 1Q26 WELL
Slide 13: Solid results supports consistent Returns and healthy Balance Sheet
Financials Solid results supports consistent Returns and healthy Balance Sheet NET INCOME AT POSITIVE PACE ROBUST CASH POSITION DRIVING FINANCIAL STABILITY (Net Income¹ in R$ Mln; %YoY) (Total Cash in R$ Mln) -29 -3,103 1,3% -637 993 810 821 9,224 -5,903 11,775 5,327 5,871 Cash EBITDA - Decomm. Leas
Slide 14: Focused execution across our key business priorities
Closing remarks Focused execution across our key business priorities MOBILE BROADBAND CORE ECOSYSTEM EXPANSION Sustaining the operational recovery momentum, Best Network: Continued leveraging combined offers and disciplined progress in the network swap execution in key markets. Return to the fintech