Situation as of December 31, 2025
The overall annual remuneration of the Board of Directors pursuant to art. 2389(1) of the Italian Civil Code was established by the Shareholders’ Meeting on 23 April 2024 in a maximum gross amount of 1,300,000 euros.
The Board of Directors held on 24 April 2024 allocated such remuneration, assigning a gross fixed annual amount of 100,000 euros to each Director (excluding the President and the Chief Executive Officer; please see the relevant sections of TIM’s website. There is no remuneration linked to the Company’s results, nor severance pay.
The Board of Directors has also established the remuneration for the Directors’ participation to the Committees; the related composition is described in the relevant section of TIM’s website.
Situation as of December 31, 2025
| BODY | ANNUAL COMPENSATION (euro) | MEMBERS |
|---|---|---|
Sustainability Committee | Members 40.000 Chairman and CEO do not receive compensation | A. Figari (Chair) P. Labriola (CEO) A. Perrazzelli G. Gorno Tempini S. Siragusa |
Control and Risk Committee | Members 50.000 Chairman 70.000 | F. Ferro Luzzi (Chair)
|
Nomination and Remuneration Committee | Members 40.000 Chairman 50.000 | P. Giannotti De Ponti (Chair) A. Perrazzelli U. Paolucci |
Related Parties Committee | Members 40.000 Chairman 50.000 | P. Camagni (Chair) F. Ferro Luzzi U. Paolucci |
Source: Board of Directors' minutes of April 24, 2024, post April 23, 2024 meeting that appointed the Board of Directors (for the three-year period 2024/2026)