Creo Claudio 4

4 · TIM S.A. · Filed May 7, 2026

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Updated May 8, 2026

TIM S.A. VP Creo Claudio Receives Equity Award

What Happened

Creo Claudio, Vice President, Risk & Compliance at TIM S.A. (TIMB), was granted/awarded a total of 21,443 shares on May 5, 2026: 15,315 performance shares (F1), 5,182 performance shares (F2), and 946 restricted/derivative shares (F3). All awards are reported at $0.00 per share (total reported value $0) because these are equity awards earned/awarded rather than open-market purchases or sales. The performance awards were issued after the Board certified achievement of performance goals for grants made in 2023 and portions of 2024; the restricted shares include dividend equivalents and are subject to withholding and vesting conditions.

Key Details

Transaction date: May 5, 2026; Form 4 filed May 7, 2026 (appears timely — within the typical 2-business-day reporting window).
Price: $0.00 per share; total reported value $0 (these are awards, not cash purchases).
Shares awarded: 15,315 (F1) + 5,182 (F2) + 946 (F3) = 21,443 total shares.
Shares owned after transaction: Not specified in the provided filing excerpt.
Notable footnotes:
- F1: 15,315 = performance shares earned (grant made in 2023); vest 20% / 30% / 50% on the first three anniversaries of the grant date, subject to continued service.
- F2: 5,182 = performance shares earned (portions of 2024 grant); vest 10% / 20% / 70% on the first three anniversaries, subject to continued service.
- F3: 946 restricted shares = contingent right to receive one common share minus withholding taxes.
- F4: Dividend equivalent units with respect to restricted shares were accrued upon Board approval on May 5, 2026.
- F5: The restricted shares vest on July 31, 2026.

Context

These transactions are awards/earnings of equity tied to performance certification and service-based vesting, not open-market purchases or sales. Such awards indicate the company met certain performance criteria (as certified by the Board) but remain subject to future vesting and service requirements, so they do not necessarily imply immediate ownership control or a market trading signal. The restricted shares are a contingent right (derivative) that will convert to common shares after withholding/vesting conditions are met.

Form 4

Period: 2026-05-05

VP, Risk & Compliance

Transactions

Award
Common Shares
[F1]
2026-05-05+15,315→ 15,315 total
Award
Common Shares
[F2]
2026-05-05+5,182→ 20,497 total
Award
Restricted Shares
[F3][F4][F5]
2026-05-05+946→ 6,301 total
→ Common Shares (946 underlying)

Footnotes (5)

[F1]Represents the number of common shares earned (including any accrued dividend equivalent units), as a result of the Issuer's Board of Director's (the "Board") certification to the achievement of performance for the performance shares granted in 2023. These shares vest 20%, 30% and 50% on the first three anniversaries of the grant date, respectively, subject to the Reporting Person's continued service through each such vesting date.
[F2]Represents the number of common shares earned (including any accrued dividend equivalent units), as a result of the Board's certification to the achievement of performance for portions of the performance shares granted in 2024. These shares vest 10%, 20% and 70% on the first three anniversaries of the grant date, respectively, subject to the Reporting Person's continued service through each such vesting date.
[F3]Each restricted share represents a contingent right to receive one common share minus withholding taxes.
[F4]Represents dividend equivalent units with respect to restricted shares accrued upon approval by the Board on May 5, 2026.
[F5]These restricted shares vest on July 31, 2026.

Signature

/s/ Pedro Yagelovic Bravin Arantes, attorney-in-fact|2026-05-07

1 file