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Investor Presentaiton

Broadband: Acceleration Smart Capex to Ensure Acceleration 4 ...TO TRANSFORMATION BRAZIL'S BROADBAND MARKET BROADBAND AND FIBER PENETRATION (on HH) Strategic Partnership Broadband Penetration 0%-20% 20%-40% 40%-60% > 60% FIBER PENETRATION TOP 5 São Paulo 24% Santa Catarina 23% Minas Gerais 23% Paraná 21% Ceará 19% Brasil 16% Expanding TIM Live's services with the right balance between Sales and Capex, unlocking additional value of this asset Create in partnership a neutral fiber infrastructure asset in Brazil CAGR 31 33 +7% 27 29 Fiber 2 3 6 10 +79% 0 CUSTOMER BASE BY TECHONOLOGY (mln) Others 25 26 26 23 -3% 2016 2017 2018 2019 TIM (1) Anatel (dec-19), internal analysis. Market sound process with an advisor to find the right partner out of the telecom space To be completed by the end of 2020. TIM Brasil Investor Relations Strategic Plan 2020-22 15
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