Group revenues up 2.8% and EBITDA After Lease up 2.3% on an organic basis. Positive Equity Free Cash Flow After Lease of €0.8 billion. TIM returns to investment grade for Moody’s and S&P

Highlights

• IN THE FIRST NINE MONTHS, GROUP REVENUES OF €10.4 BLN (+2.8%) AND EBITDA AFTER LEASE OF €2.8 BLN (+2.3%), ON AN ORGANIC BASIS

• IN THE THIRD QUARTER, GROUP REVENUES AND EBITDA AFTER LEASE BOTH UP 4.3% ON AN ORGANIC BASIS

• 2026 GUIDANCE CONFIRMED

• POSITIVE EQUITY FREE CASH FLOW AFTER LEASE OF €0.8 BLN IN THE FIRST NINE MONTHS AND €0.2 BLN IN THE THIRD QUARTER

• TIM RETURNS TO INVESTMENT GRADE WITH MOODY’S (Baa3 – POSITIVE OUTLOOK) AND S&P (BBB-), CONFIRMING ITS STRONGER FINANCIAL STRUCTURE

• TIM ENTERPRISE Growth CONTINUES: REVENUES UP 6.8% IN THE FIRST NINE MONTHS, WITH CLOUD UP 20%

• TIM BRASIL CONFIRMS ITS STRATEGIC CONTRIBUTION: REVENUES UP 5.8% AND EBITDA AFTER LEASE UP 6.2%

• DOMESTIC CONSUMER TOTAL REVENUES RETURN TO GROWTH IN THE QUARTER (+0.9%)