Telecom Italia Rsp

M&A Activity • Jan 31, 2024

Press Release

TIM: OFFER FOR THE PURCHASE OF SPARKLE RECEIVED FROM MEF

Rome, 31 January 2024

TIM announces that it has today received an offer from the Ministry of Economy and Finance (MEF) for the acquisition of Sparkle. The offer also refers to the possibility of negotiating a different option, with possible adjustments to the contractual terms, in the event TIM retains a minority stake for a certain period of time and supports the implementation of the strategic plan.

The offer will be effective for 15 days and will be examined by TIM's Board of Directors scheduled for 7 February next.

TIM Press Office

+39 06 36882610 https://www.gruppotim.it/media X: @GruppoTIM

TIM Investor Relations

+39 06 36882500 https://www.gruppotim.it/investor\_relations