Slide 1: Results Presentation
TIM S.A. – Investor Relations Classificado como Uso Interno Results Presentation 1
Slide 2: Disclaimer
DISCLAIMER This presentation contains Analysts and investors are Such forward looking Financial figures are declarations that cautioned not to place undue statements are not presented constitute forward-looking reliance on those forward-looking guarantees of future considering impacts statements reg
Slide 3: Reaping the Benefits of a Well-Designed Plan and Sharp Execution
Solid above inflation Robust TIM’s 5G rollout, expansion in Service already covering 266 REAPING THE Revenue¹ cities, including all (+7.3% YoY in 1Q24) BENEFITS OF capitals A WELL- DESIGNED Double digit EBITDA¹ growth (+10.7% YoY in Launch of TIM IoT Solutions brand and PLAN AND 1Q24) with margin ex
Slide 4: Financials: Solid Expansion with Consistent Performance Across All Revenue Lines
FINANCIALS: SOLID EXPANSION WITH CONSISTENT PERFORMANCE ACROSS Service Revenue¹ ALL REVENUE LINES +7.3% YoY in 1Q24 High-Single digit growth in Mobile and Fixed streams assured a TOTAL NET REVENUE GROWING HIGH-SINGLE DIGIT consistent service revenue (Normalized¹ Net Revenue in R$ Mln; %YoY) performa
Slide 5: Mobile: Capturing Value Through Customer Base Transformation
MOBILE: CAPTURING VALUE THROUGH CUSTOMER BASE TRANSFORMATION MOBILE ARPU1 INCREASES HIGH SINGLE-DIGIT… … AS WE IMPROVE COSTUMER BASE PROFILE (R$ /Mo) POSTPAID EX-M2M CHURN RATE SUSTAINS THE LEVEL 30.3 8.8% 27.9 0.8% Churn reduction, reflecting improved customer satisfaction and loyalty through enhan
Slide 6: Mobile: The 3Bs Strategy in Action
MOBILE: THE 3Bs STRATEGY IN ACTION TO DELIVER THE BEST VALUE PROPOSITION AND CHANGE CLIENTS' MINDSET Best Service Best Network Best Offer First and only company in Brazil to be 5G sustaining good expansion TIM exclusive in-flight awarded the Procon SP seal for the best performance, already covering
Slide 7: B2B Verticals Continue to Evolve: Launch of TIM IoT Solutions
LAUNCH OF THE PRIVATE PROJECT WITH THE OFFER INNOVATION: FIRST BUNDLE IN LARGEST 4G AREA IN THE COUNTRY IOT (MACHINERY + CONNECTIVITY) B2B In partnership with BP Bunge, we will guarantee the provision “BUY A TRACTOR AND GET A 4G TOWER FOR YOUR FARM” VERTICALS of a 4G signal to an area of 3 million h
Slide 8: TIM UltraFibra: Focus on Value to Support Growth with Profitability
TIM ULTRAFIBRA: FOCUS ON VALUE TO SUPPORT GROWTH WITH PROFITABILITY TIM ULTRAFIBRA NET REVENUE ABOVE 90% OF OUR CUSTOMER BASE SUSTAINED THE PACE IN FTTH (R$ Mln; %YoY) (Customer Base in '000) 806 10.1% 732 229 +13.4 p.p. 9.1% 209 FTTC 23.8% SIGNIFICANT YoY growth in digital GROWTH IN channels FTTH M
Slide 9: Financials: Robust EBITDA Numbers, Double-Digit Growth with Margin Expansion
FINANCIALS: ROBUST EBITDA NUMBERS, DOUBLE-DIGIT GROWTH WITH MARGIN EXPANSION EBITDA GROWTH FUELED BY REVENUE EXPANSION 8 CONSECUTIVE QUARTERS OF DOUBLE-DIGIT AND KEEPING COSTS UNDER CONTROL GROWTH AT EBITDA-AL (Normalized¹ EBITDA in R$ Mln; %YoY) (Normalized¹ EBITDA-AL in R$ Mln; %YoY) 2,890 2,198 1
Slide 10: Financials: Net Income Continues to Grow Strongly
FINANCIALS: NET INCOME CONTINUES TO GROW STRONGLY, SUPPORTED BY OPERATIONAL EFFICIENCY NET INCOME CONTINUES TO GROW STRONGLY BY DOUBLE-DIGIT (Normalized1 Net Income in R$ Mln) Main effects in the quarter: 19.0% D&A (-1.3% YoY): Leases reduction totaled R$ 157 Mln YoY in 1Q24, 22 however was partiall
Slide 11: Financials: Operating Cash Flow Growing While Maintaining a Strong Balance Sheet
FINANCIALS: OPERATING CASH FLOW GROWING AT SOUND PACE, WHILE MANTAINING A STRONG BALANCE SHEET FAST OpFCF EXPANSION STRONG BALANCE SHEET SUPPORTING OUR (EBITDA-AL1 minus Capex in R$ Mln; %YoY) FINANCIAL SUSTAINABILITY (Net Debt in R$ Mln) 843 -14.2% 58.6% 15,094 532 12,943 1Q23 1Q24 1Q23 1Q24 1.08 N
Slide 12: People, Society and Environmental Achievements
PEOPLE, SOCIETY AND ENVIRONMENTAL EXCELLENCE IN DIVERSITY ACHIEVEMENTS AND INCLUSION TIM was 4x recognized Results highlighted in TIM's 2023 – ESG in the Diversity Report rankings at Great Place to Work Brazil >36% Women in Leadership, target achieved 2 years earlier The only telco to be awarded in
Slide 13: Best Results for a 1st Quarter in Our History
BEST RESULTS FOR A 1st QUARTER IN OUR HISTORY: A SOLID START FOR THE YEAR AHEAD MOBILE B2B BROADBAND EFFICIENCY Best Service: CEX to continue with solid achievements, while we Materializing the B2B Maintain a value-driven Tower decommissioning work on changing clients’ opportunity with a new approac