TIM S.A. Approves Shareholder Equity Interest

TIM (TIMB) has released an update.

TIM S.A., in a recent Board of Directors meeting, has approved a substantial distribution of R$300 million as Interest on Shareholders’ Equity, to be paid out by October 23, 2024. The meeting also included the appointment of Alessandra Michelini to the Board, with her tenure extending until the next Annual Shareholders’ Meeting in 2025. Furthermore, the Board acknowledged the activities of both the Statutory Audit Committee and the Control and Risks Committee.

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