TIM: REVERSE STOCK SPLIT COMPLETED

TIM, following the press release issued on 10 June 2026, announces that, in accordance with the resolution adopted by the Extraordinary General Meeting of Shareholders on 15 April 2026, and after the cancellation – for the purposes of balancing the transaction – of 5 ordinary shares made available by Intermonte SIM S.p.A., an authorized intermediary participating in the centralized management system operated by Monte Titoli S.p.A. (“Monte Titoli”), the 21,357,258,195 existing TIM ordinary shares, without an express indication of nominal value (ISIN code IT0003497168; coupon no. 15), were grouped into 2,135,725,819 newly issued TIM ordinary shares, also without an express indication of nominal value (ISIN code IT0005712671; coupon no. 1), having the same characteristics as the existing ordinary shares, on the basis of 1 new ordinary share for every 10 existing ordinary shares.

As announced in the press release of 10 June 2026, please note that the official price of TIM ordinary shares recorded on Euronext Milan on 12 June 2026, for the purpose of valuing the fractional ordinary shares resulting from the balances of authorized intermediaries participating in the centralized management system at Monte Titoli following the reverse split, is €0.78162.

The composition of the share capital following the consolidation is set out below:

These materials do not constitute and may not be interpreted as an offer or an invitation to subscribe for or purchase securities. The securities referred to herein have not been and will not be registered in the United States pursuant to the United States Securities Act of 1933, as amended (the “Securities Act”), nor in Australia, Canada, Japan, or in any other country where the offering or solicitation is subject to authorization by local authorities or is otherwise prohibited by law. The securities mentioned herein may not be offered or sold in the United States or to “U.S. Persons” (as defined under the Securities Act), unless they are registered under the Securities Act or an applicable exemption from the registration requirements under the Securities Act is available.

Rome, 15 June 2026