TIM S A : MINUTES OF THE BOARD OF DIRECTORS’ MEETING - Form 6-K

MINUTES OF THE BOARD OF DIRECTORS' MEETING

HELD ON SEPTEMBER 30^th, 2023

DATE, TIME AND PLACE: September 30^th, 2023, at 2.00 p.m. Due to the importance and urgency of the matter on the Agenda, the meeting was held on a virtual basis, as provided in the 2^nd paragraph of Section 25 of TIM S.A.'s By-laws ("Company").

PRESENCE: The Board of Directors' Meeting of the Company was held with the presence of Messrs. Nicandro Durante, Adrian Calaza, Alberto Mario Griselli, Claudio Giovanni Ezio Ongaro, Elisabetta Paola Romano, Flavia Maria Bittencourt, Gesner José de Oliveira Filho, Gigliola Bonino, Herculano Aníbal Alves and Michele Valensise.

BOARD: Mr. Nicandro Durante - Chairman; and Mrs. Fabiane Reschke - Secretary.

AGENDA: Ratify the Price Adjustment Dispute Settlement Instrument, signed on September 4^th, 2023, executed between the Company, Telefônica Brasil S.A. and Claro S.A. ("Buyers"), and, on the other side, Oi Móvel S.A. - Em Recuperação Judicial, succeeded by Oi S.A. - Em Recuperação Judicial ("Seller"), to settle all disputes related to the Price Adjustment related to the acquisition by the Buyers of the assets, rights and obligations that make up the UPI Ativos Móveis sold by the Seller.

RESOLUTIONS: Upon the review of the material presented and filed at the Company's head office, and based on the information provided and discussions of the subject included on the Agenda, the Board Members, unanimously by those present and with the abstention of the legally restricted, decided to register the discussions as follows:

Within the scope of the approvals previously resolved by this collegiate and in compliance with the specific statement of the Arbitration Court in Arbitration Procedure No. 228/2022, instituted before the Market Arbitration Chamber, the Board members ratified the execution of the Price Adjustment Dispute Settlement Instrument, signed on September 4^th, 2023, which consists of an agreement regarding the Post-Closing Adjustment (as defined in the Contract), executed between the Company, Telefônica Brasil S.A. and Claro S.A. ("Buyers"), and on the other side, Oi S.A. - Em Recuperação Judicial ("Seller" and, together with the Buyer, the "Parties") ("Agreement"), as a way to put an end to controversies and the arbitration procedure related to the Post-Closing Adjustment.