<SEC-DOCUMENT>0001292814-21-001311.txt : 20210331
<SEC-HEADER>0001292814-21-001311.hdr.sgml : 20210331
<ACCEPTANCE-DATETIME>20210330180535
ACCESSION NUMBER:		0001292814-21-001311
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20210331
FILED AS OF DATE:		20210331
DATE AS OF CHANGE:		20210330

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			TIM S.A.
		CENTRAL INDEX KEY:			0001826168
		STANDARD INDUSTRIAL CLASSIFICATION:	TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			D5
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-39570
		FILM NUMBER:		21788765

	BUSINESS ADDRESS:	
		STREET 1:		JOAO CABRAL DE MELO NETO AVENUE
		STREET 2:		850 - NORTH TOWER - 12TH FLOOR
		CITY:			RIO DE JANEIRO, RJ
		STATE:			D5
		ZIP:			22775-057
		BUSINESS PHONE:		(55) 21-4109-4167

	MAIL ADDRESS:	
		STREET 1:		JOAO CABRAL DE MELO NETO AVENUE
		STREET 2:		850 - NORTH TOWER - 12TH FLOOR
		CITY:			RIO DE JANEIRO, RJ
		STATE:			D5
		ZIP:			22775-057
</SEC-HEADER>
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<TYPE>6-K
<SEQUENCE>1
<FILENAME>timb20210330_6k1.htm
<DESCRIPTION>TIMB20210330_6K1
<TEXT>
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<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: center"><FONT STYLE="font-size: 14pt"><B>UNITED
STATES<BR>
SECURITIES AND EXCHANGE COMMISSION<BR>
</B></FONT><B><FONT STYLE="font-size: 10.5pt">WASHINGTON, D.C. 20549</FONT></B></P>

<HR SIZE="1" NOSHADE ALIGN="CENTER" STYLE="width: 376px; width: 225.5pt; color: black">

<P STYLE="font: 16pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: center"><B>FORM 6-K</B></P>

<HR SIZE="1" NOSHADE ALIGN="CENTER" STYLE="width: 376px; width: 225.5pt; color: black">

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: center"><B>REPORT OF FOREIGN PRIVATE ISSUER<BR>
PURSUANT TO RULE 13a-16 OR 15d-16<BR>
UNDER THE SECURITIES EXCHANGE ACT OF 1934</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: center"><B>Date of Report: March 30, 2021</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: center"><B>Commission File Number: 001-39570</B></P>

<HR SIZE="1" NOSHADE ALIGN="CENTER" STYLE="width: 376px; width: 225.5pt; color: black">

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: center"><FONT STYLE="font-size: 18pt"><B>TIM S.A.<BR>
</B></FONT><B><FONT STYLE="font-size: 10pt">(Exact name of Registrant as specified in its Charter)</FONT></B></P>

<HR SIZE="1" NOSHADE ALIGN="CENTER" STYLE="width: 376px; width: 225.5pt; color: black">

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>Jo&atilde;o
Cabral de Melo Neto Avenue, 850 &ndash; North Tower &ndash; 12<SUP>th</SUP>&nbsp;floor<BR>
22775-057 Rio de Janeiro, RJ, Brazil<BR>
</B></FONT><B><FONT STYLE="font-size: 8pt">(Address of principal executive office)</FONT></B></P>

<HR SIZE="1" NOSHADE ALIGN="CENTER" STYLE="width: 376px; width: 225.5pt; color: black">

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt">Indicate by check mark whether the registrant files or will
file annual reports under cover of Form 20-F or Form 40-F.</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0 0 10pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">Form
20-F&nbsp;</FONT><FONT STYLE="font-family: Segoe UI Symbol,sans-serif">&#9746;</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;Form
40-F&nbsp;</FONT><FONT STYLE="font-family: Segoe UI Symbol,sans-serif">&#9744;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt">Indicate by check mark if the registrant is submitting the
Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1).</P>

<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0 0 10pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">Yes&nbsp;</FONT><FONT STYLE="font-family: Segoe UI Symbol,sans-serif">&#9744;</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;No&nbsp;</FONT><FONT STYLE="font-family: Segoe UI Symbol,sans-serif">&#9746;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt">Indicate by check mark if the registrant is submitting the
Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7).</P>

<P STYLE="font: 10pt/11.5pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif">Yes&nbsp;</FONT><FONT STYLE="font-family: Segoe UI Symbol,sans-serif">&#9744;</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;No&nbsp;</FONT><FONT STYLE="font-family: Segoe UI Symbol,sans-serif">&#9746;</FONT></P>

<!-- Field: Page; Sequence: 1; Options: NewSection -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%"><IMG SRC="logo01.jpg" ALT="">&nbsp;</TD></TR></TABLE><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><P STYLE="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>CONT. MINUTES OF THE ANNUAL AND EXTRAORDINARY SHAREHOLDERS&rsquo; MEETING OF </B></P><P STYLE="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>TIM S.A</B></P><P STYLE="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>March 30<SUP>th</SUP>, 2021</B></P></DIV>
    <!-- Field: /Page -->
<P STYLE="font: 11pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"></P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>TIM S.A.</B></P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>Publicly-Held Company</B></P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>CNPJ/ME n&ordm; 02.421.421/0001-11</B></P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>NIRE 333.0032463-1</B></P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B><U>ANNEX I </U></B></P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B><U>BY-LAWS</U></B></P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>CHAPTER I</B></P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>THE COMPANY&rsquo;S CHARACTERISTICS</B></P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>SECTION 1&ordm;</B> - TIM S.A. (the &ldquo;Company&rdquo;)
is a publicly held company, governed by these By-laws and by the applicable legislation.</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>SECTION 2&ordm;</B> - The Company is headquartered
and its forum is based in the city and State of Rio de Janeiro. The Company, upon resolution of its Board of Officers, may establish or
amend the headquarter&rsquo;s address, as well as open, transfer, or close branches, agencies, warehouses, offices and any other establishments
anywhere in Brazil or abroad.</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>SECTION 3&ordm;</B> - The purpose of the
Company is to:&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">i.&#9;Implement, expand, operate and provide
any kind of electronic communications services and their contents, under the applicable legislation;&#9;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">ii.&#9;Build, manage, implement, execute, operate
and provide maintenance services, or commercialize infrastructure for private or third-parties use;&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">iii.&#9;Commercialize goods, provide services,
develop activities and practice any acts and/or legal transactions, direct or indirectly, or which are complementary, related or bounded
to the services or activities stated in the corporate purpose; and&#9;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">iv.&#9;Hold interest in the capital of other
business or non-business companies.&#9;&#9;</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%"><IMG SRC="logo01.jpg" ALT="">&nbsp;</TD></TR></TABLE><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><P STYLE="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>CONT. MINUTES OF THE ANNUAL AND EXTRAORDINARY SHAREHOLDERS&rsquo; MEETING OF </B></P><P STYLE="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>TIM S.A</B></P><P STYLE="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>March 30<SUP>th</SUP>, 2021</B></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Sole Paragraph</B> - Without prejudice to
the development of new services or activities, the Company may, among other activities:</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">i.&#9;Commercialize, rent, lend, provide installation
and/or maintenance services to the necessary or useful goods related to the services provision stated in the corporate purpose, such as,
handsets, electronic devices, computers and others, its accessories and replacement parts;&#9;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">ii.&#9;Promote, import and export necessary
goods and services related to the execution of the activities stated in the corporate purpose;&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">iii.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Provide
administrative, consulting, advisory and planning services;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">iv.&#9;Provide services and/or develop activities
related to the internet of things, artificial intelligence and others;&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">v.&#9;Provide services regarding information
technology and internet, such as, licensing services or assignment of right of use computer programs, technical support services, including
installation, configuration, development and maintenance of programs, of computing systems and database, and processing of data services;&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">vi.&#9;Provide services of information security,
of monitoring and of georeferencing;&#9;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">vii.&#9;Provide marketing and advertising campaign
support and marketing services of its own or third parties, including, the activities of preparing and sending offers, advertising materials
and publicity to clients, through any physical or virtual medium;&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">viii.&#9;Provide commercial representation and
insurance representative services;&#9;&#9;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">ix.&#9;Provide services to financial
institutions, including correspondent banking, under the applicable legislation, such as, but not restricted to: (i) receipt and
forwarding of proposals for the opening of deposit and savings accounts held by the contracting institution; (ii) receipt and
forwarding of proposals for credit and leasing operations granted to the contracting institution, as well as other monitoring
services; and (iii) receipt and forwarding of proposals for the supply of credit cards
under the responsibility of contracting institution;&#9;</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%"><IMG SRC="logo01.jpg" ALT="">&nbsp;</TD></TR></TABLE><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><P STYLE="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>CONT. MINUTES OF THE ANNUAL AND EXTRAORDINARY SHAREHOLDERS&rsquo; MEETING OF </B></P><P STYLE="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>TIM S.A</B></P><P STYLE="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>March 30<SUP>th</SUP>, 2021</B></P></DIV>
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<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"></P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">x.&#9;Buy, sell or disclose, through any kind
of electronic communication, digital goods or assets, such as, e-books, audiobooks, journals and others;&#9;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">xi.&#9;Promote charging and data management
services;&#9;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">xii.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Engage
in any other activities related or akin to the previous items.</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>SECTION 4&ordm;</B> - The duration term of
the Company is indeterminate.</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>CHAPTER II</B></P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>CAPITAL STOCK</B></P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>SECTION 5&ordm;</B> - The subscribed and
fully-paid capital stock is of thirteen billion, four hundred and seventy-seven million, eight hundred and ninety thousand, five hundred
and seven reais and fifty-five cents (R$13,477,890,507.55) divided into 2,420,804,398 (two billion, four hundred and twenty million, eight
hundred and four thousand, three hundred and ninety-eight) common shares, all nominative, book-entry and with no-par value.</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>SECTION 6&deg;</B> - Each common share corresponds
to 1 (one) vote in the Shareholders&rsquo; Meeting resolutions.&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>SECTION 7&ordm;</B> - The Company is authorized
to increase the capital stock upon resolution of the Board of Directors, irrespective of an amendment to these By-laws, up to a limit
of four billion, four hundred and fifty thousand million (4,450,000,000) common shares.&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Paragraph 1&ordm;</B> - Within the limits
of the authorized capital set forth in the caput section of Section 7, the Company may, upon the Board of Directors&rsquo; resolutions,
grant stock options or subscription of shares to its officers, employees or any individuals that render services to the Company or its,
directly or indirectly, controlled companies, as per the plan approved by the General Shareholders&rsquo; Meeting.&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>


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    <!-- Field: /Page -->

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Paragraph 2&ordm;</B> - Within the limits
of the authorized capital set forth in the caput of Section 7, the Board of Directors may decide on the issuance of convertible debentures.&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>SECTION 8&ordm;</B> - The shares of Company
shall be book entry shares and shall be kept in a deposit account, at a financial institution, on behalf of their holders, with no issuance
of share certificates. The depository institution may charge shareholders for the cost of transferring their shares, as provided in Section
35, paragraph 3rd of Law no. 6,404, of December 15th, 1976 (&ldquo;Law 6,404/76&rdquo;).</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>CHAPTER III</B></P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>SHAREHOLDERS&rsquo; MEETING</B></P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>SECTION 9&ordm;</B> - The Shareholders&rsquo;
Meeting is the ruling body of the Company, with authority to decide on all business concerning its corporate purpose and take the actions
deemed convenient to the protection and development of the Company.&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>SECTION 10</B> &ndash; The following are
exclusive powers of the Shareholders&rsquo; Meeting:&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">I.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To
amend the By-Laws;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">II.&#9;To decide on the appraisal of assets
given by shareholders to pay up capital stock;&#9;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">III.&#9;To decide on the Company&rsquo;s transformation,
merger, take-over and split-up, its dissolution and liquidation, to appoint and remove liquidators and appreciate their accounts;&#9;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">IV.&#9;To suspend the rights of shareholders
that do not comply with their duties imposed by law, by these By-laws or by the Novo Mercado Listing Rules (the &ldquo;Novo Mercado Rules&rdquo;)
disclosed by B3 S.A. &ndash; Brasil, Bolsa, Balc&atilde;o (&ldquo;B3&rdquo;);&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">V.&#9;To elect and remove, at any time, the
members of the Board of Directors and the members of the Fiscal Council;&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">VI.&#9;To determine the global or individual
compensation of the members of the Board of Directors, Board of Officers and members of the Fiscal Council;&#9;</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%"><IMG SRC="logo01.jpg" ALT="">&nbsp;</TD></TR></TABLE><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><P STYLE="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>CONT. MINUTES OF THE ANNUAL AND EXTRAORDINARY SHAREHOLDERS&rsquo; MEETING OF </B></P><P STYLE="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>TIM S.A</B></P><P STYLE="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>March 30<SUP>th</SUP>, 2021</B></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">VII.&#9;To take, annually, the accounts of the
management and decide about the financial statements submitted by the management;&#9;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">VIII.&#9;To decide whether the Company shall
file a civil liability law suit against the management for losses in the Company&rsquo;s assets, as provided in section 159 of Law no.
6,404/76;&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">IX.&#9;To resolve in accordance with all provisions
set forth in any law, the By-laws or the Novo Mercado Rules about capital stock increase by means of subscription of new shares, and on
the issuance of any other bonds or securities, whether in Brazil or abroad as provided in the paragraph 1 of section 7 and whenever the
limit of the authorized capital has been attained; and&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">X.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To
previously approve the execution of loan agreements, management agreements and technical support services agreements, between the Company
or its controlled companies, on the one side, and the controlling shareholder or its controlled companies, affiliated or under the same
control or the controlling companies of the latter, or parties related to the Company, on the other side, after prior assessment of the
Statutory Audit Committee to the effect that the terms and conditions of the agreement in question are in compliance with standards normally
adopted in the market for transactions of the same nature between independent parties.</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Sole Paragraph - </B>The reimbursement amount
due to dissenting shareholders, who exercise the right of withdrawal in the cases provided for in the Law No. 6,404/76, is determined
by dividing the value of net equity, as provided in the latest financial statements approved by the Shareholders&rsquo; Meeting, by the
total number of shares issued by the Company, excluding treasury shares. &#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>SECTION 11</B> &ndash; The Shareholders&rsquo;
Meeting shall be convened by the Board of Directors, represented by its Chairman, and may also be convened as provided under the sole
paragraph of section 123 of Law no. 6,404/76.&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>SECTION 12</B> &ndash; The Shareholders&rsquo;
Meeting shall be opened and presided over by the Company&rsquo;s Chief Executive Officer or by the Chairman of the Board of Directors,
or by an attorney-in-fact expressly appointed by the
Company&rsquo;s Chief Executive Officer or by the Chairman of the Board of Directors, with specific authority for such purpose. The Chairman
of the Shareholders&rsquo; Meeting shall appoint the Secretary.&#9;</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%"><IMG SRC="logo01.jpg" ALT="">&nbsp;</TD></TR></TABLE><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><P STYLE="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>CONT. MINUTES OF THE ANNUAL AND EXTRAORDINARY SHAREHOLDERS&rsquo; MEETING OF </B></P><P STYLE="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>TIM S.A</B></P><P STYLE="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>March 30<SUP>th</SUP>, 2021</B></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"></P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Paragraph 1&ordm;</B> - In order to prove
the shareholder status, it will be observed the provision of section 126 of Law no. 6,404/76; holders of uncertified or deposited shares
shall deposit with the Company&rsquo;s head-office, no later than two (2) working days before the Shareholders&rsquo; Meeting, their identity
document and respective proxy, when needed, and the receipt/statement issued by the depository institution, issued no later than five
(5) working days before the Shareholders&rsquo; Meeting.&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Paragraph 2&ordm;</B> - Notwithstanding the
provision above, the shareholder who attends to the Shareholders&rsquo; Meeting with the referred documents in the paragraph 1&ordm; above,
until the opening of the Meeting, may participate and vote, even though the documents have not been presented before.&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>SECTION 13</B> &ndash; The Shareholders&rsquo;
Meeting proceedings and resolutions shall be recorded in minutes, signed by the presiding board and the shareholders attending the meeting
that represent, at least, the majority required for passing resolutions.&#9;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">Paragraph 1&ordm; - The minutes shall be recorded
as a summary of facts, including dissents and protests.&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Paragraph 2&ordm;</B> - Except as otherwise
decided by the Meeting, the minutes shall be published without the shareholders&rsquo; signatures.</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>SECTION 14</B> &ndash; Annually, within the
first four months following the end of the fiscal year, an annual Shareholders&rsquo; Meeting shall be convened to:</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">(i)&#9;Take the management accounts; examine,
discuss and vote the financial statements;&#9;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">(ii)&#9;Decide on the uses to which the net
profits of the fiscal year should be put and on the distribution of dividends; and&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">(iii)&#9;Elect the members of the Fiscal Council
and, when applicable, the members of the Board of Directors.&#9;</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%"><IMG SRC="logo01.jpg" ALT="">&nbsp;</TD></TR></TABLE><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><P STYLE="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>CONT. MINUTES OF THE ANNUAL AND EXTRAORDINARY SHAREHOLDERS&rsquo; MEETING OF </B></P><P STYLE="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>TIM S.A</B></P><P STYLE="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>March 30<SUP>th</SUP>, 2021</B></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>SECTION 15</B> &ndash; The Shareholders&rsquo;
Meeting shall be convened, extraordinarily, whenever the Company&rsquo;s interests so require.&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>SECTION 16</B> &ndash; The shareholders shall
exercise their voting rights in the Company&rsquo;s interests.&#9;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>CHAPTER IV</B></P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>COMPANY MANAGEMENT</B></P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>SECTION I</B></P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>GENERAL RULES</B></P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>SECTION 17</B> &ndash; The Company shall
be managed by the Board of Directors and by the Board of Officers.&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Paragraph 1&ordm;</B> - The Board of Directors,
as a decision body, shall carry out the high management of the Company.&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Paragraph 2&ordm;</B> - The Board of Executive
Officers is the Company&rsquo;s representative and executive body, and each one of its members shall act within his/her respective scope
of authority, provided that the limits set forth in sections 10, 22 and 32 of these By-laws are observed.&#9;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Paragraph 3&ordm;</B> - The duties and powers
vested by law on each management body cannot be assigned to another.&#9;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Paragraph 4&ordm;</B> - The positions of
Chairman of the Board of Directors and Chief Executive Officer or main executive officer of the Company shall not be held by the same
manager cumulatively.&#9;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Paragraph 5&ordm;</B> - The members of the
Board of Directors and of the Board of Officers are released from providing a pledge as guarantee of their term of office.&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>SECTION 18</B> &ndash; Managers will take
office by signing an instrument of appointment recorded in the Book of the Minutes of the Board of Directors or Board of Officers&rsquo;
Meetings, as the case may be.</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%"><IMG SRC="logo01.jpg" ALT="">&nbsp;</TD></TR></TABLE><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><P STYLE="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>CONT. MINUTES OF THE ANNUAL AND EXTRAORDINARY SHAREHOLDERS&rsquo; MEETING OF </B></P><P STYLE="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>TIM S.A</B></P><P STYLE="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>March 30<SUP>th</SUP>, 2021</B></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Sole Paragraph - </B>The members of the Board
of Directors and of the Board of Officers shall take office only after the execution of the term of office, which shall encompass his/her
subjection to the arbitration clause referred to in Section 49 of these By-laws, pursuant to any the applicable legal requirements.&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>SECTION 19</B> &ndash; At the taking of office,
the Company&rsquo;s Managers shall sign, in addition to the instrument of appointment, a statement pursuant to which they shall adhere
to the terms of the Company&rsquo;s Policies and Code of Ethics and Conduct.&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>SECTION 20</B> &ndash; In addition to the
events of death, resignation, dismissing and other events provided for in the law, the position shall become vacant whenever the manager
fails to sign the terms of office provided in these By-laws within the thirty (30) days as of his/her election, everything with no just
cause, at the discretion of the Board of Directors.</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Paragraph 1&ordm;</B> - The resignation from
the position of manager shall be made upon written communication to the body integrated by the resigning member, and it shall become effective
as of such moment to the Company and, to any third parties, after the filling of the document of resignation with the Board of Trade and
its publication.&#9;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Paragraph 2&ordm;</B> - Should any position
in the Board of Directors be vacant, including the position of Chairman of the Board of Directors, the other Board members, upon decision
of the majority of members, shall appoint an alternate member, who shall remain in office until the next Shareholders&rsquo; Meeting.
The alternate elected by the Shareholders&rsquo; Meeting shall remain in office for the remaining period of the replaced member&rsquo;s
term of office.</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Paragraph 3&ordm;</B> - The members of the
Board of Directors shall be replaced in the event of absence or impediment by a proxy duly appointed insofar as such proxy is a member
of the Board of Directors.</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>SECTION 21</B> &ndash; Managers shall serve
a unified term of two (2) years, with reelection allowed.&#9;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Sole Paragraph -</B> The terms of office
of the Managers shall be extended until the instatement of their elected successors.&#9;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 9 -->
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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%"><IMG SRC="logo01.jpg" ALT="">&nbsp;</TD></TR></TABLE><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><P STYLE="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>CONT. MINUTES OF THE ANNUAL AND EXTRAORDINARY SHAREHOLDERS&rsquo; MEETING OF </B></P><P STYLE="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>TIM S.A</B></P><P STYLE="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>March 30<SUP>th</SUP>, 2021</B></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>SECTION II</B></P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>BOARD OF DIRECTORS</B></P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>SECTION 22</B> &ndash; In addition to the
duties provided by law, the Board of Directors is responsible for:&#9;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">i.&#9;Approving and following up the Company&rsquo;s
annual budget and the Company&rsquo;s goals actions plan and business strategy plan for the period covered by the budget of the Company
and of its controlled companies;&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">ii.&#9;Deciding on the issuance of shares and
convertible debentures, within the limits of the authorized capital stock as per Section 7 of the present By-laws, as well as non-convertible
debentures, and the Board of Directors may also exclude the preemptive rights or reduce the term for its exercise in the issuance of shares
and convertible debentures which are placed for sale in the Stock Exchange or by public subscription or exchange for shares in a public
tender offer for the acquisition of control under the terms set forth by law and the applicable legislation;&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">iii.&#9;Authorizing the issue of commercial
papers for public offering;&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">iv.&#9;Deciding, when so empowered by the Shareholders&rsquo;
Meeting, on the conditions for the issue of debentures, the maturity date and conditions, amortization or redemption, the date and conditions
for interest payment, profit sharing and refund premium, if any, and the form of subscription or placement, as well as the other types
of debentures;&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">v.&#9;Authorizing the purchase of shares issued
by the Company, for the purposes of cancellation or holding them in treasury and subsequent sale;&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">vi.&#9;Deciding on the approval of a program
of depository receipts issued by the Company;&#9;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">vii.&#9;Deciding on the purchase or sale, in
whole or partially, by the Company or by its controlled companies, of interest in the capital stock of other companies, as well as of
participation in joint venture that requires the incorporation of a new company;&#9;&#9;</P>


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    <!-- Field: /Page -->

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">viii.&#9;Authorizing the Exchange of shares
and other securities, as well as the waiver of preemptive rights to the subscription of shares, debentures convertible into shares or
subscription bonus issued by the controlled companies;&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">ix.&#9;Authorizing the incorporation or liquidation
of subsidiary companies or controlled companies;&#9;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">x.&#9;Authorizing the Company, as well as its
controlled companies and affiliates, to enter into, amend or terminate shareholders&rsquo; agreements;&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">xi.&#9;Deciding on the submission to the General
Shareholders&rsquo; Meeting of loan agreements, management agreements and technical support services agreements between the Company or
its controlled companies, on one side, and the controlling shareholder or its controlled companies, affiliated, under the same control
or the controlling companies of the latter, or parties related to the Company, on the other side, subject to the provisions in Section
10, item xiii, of these By-Laws;&#9;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">xii.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Decide
on the execution of agreements of any nature, except for those mentioned in Section 10, item x, of these By-laws, between the Company
or its controlled companies, on one side, and the controlling shareholder or its controlled companies, affiliated or under the same control
or the controlling companies of the latter, or parties related to the Company, on the other side, involving amounts equal to or exceeding
R$ 50,000,000.00 (fifty million Reais), after prior assessment of the Company&rsquo;s Statutory Audit Committee to the effect that the
terms and conditions of the agreement in question are in compliance with standards normally adopted in the market for transactions of
the same nature between independent parties;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">xiii.&#9;Decide on the execution of agreements
by the Company or by its controlled companies of loans, financing or other transactions implying indebtedness to the Company or its controlled
companies, whose total value is higher than R$500,000,000.00 (five hundred million Reais). Letter of bank guarantees or guarantees of
any nature, hired by the Company or its controlled companies, to ensure judicial or administrative proceedings, are excepted;&#9;</P>


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    <!-- Field: /Page -->

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">xiv.&#9;Decide on the execution of agreements
by the Company, or by its controlled companies, for the purchase of assets or services, whose total value exceeds R$500,000,000.00 (five
hundred million Reais);&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">xv.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Decide
on the sale, donation, assignment, or encumbrance of any assets or rights classified in the non-current assets of the Company or its subsidiaries
or controlled companies, whose original acquisition value, or in its absence, the market value, exceeds R$50,000,000.00 (fifty million
Reais);</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">xvi.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Decide
on the granting of secured or personal guaranty by the Company in favor of third parties, controlled companies included, over the amount
of R$50,000,000.00 (fifty million Reais), except for any guarantees in favor of (i) employees of the Company or its controlled companies
with respect to residential rental agreements, in the event of relocation at the request of the Company; and (ii) controlled or affiliated
companies with respect to rental agreements for establishments, stores or commercial points;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">xvii.&#9;Authorize the execution by the Company,
or by its subsidiaries or controlled companies, of agreements, judicial or extrajudicial, Conduct Adjustment Agreement or any similar
instruments, which result in the assumption of financial obligations, to do or not to do, the donation of goods or services, and / or
the waiver of rights, whenever the total amount involved exceeds R$50,000,000.00 (fifty million Reais), and whose main objective is (i)
to avoid the filing of new lawsuits, (ii) to remove or suspend the application of penalties and / or the imposition of restrictions by
the competent authorities, or (iii) to close litigations in progress;&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">xviii.&#9;Decide on policies or equivalent documents,
to be observed by all officers, members of the Fiscal Council, of the Statutory Audit Committee, and employees of the Company, and of
its controlled companies, related to: (a) functional conduct guided by ethical and moral standards (Code of Ethics and Conduct of the
Company); (b) the Company's sustainability practices; (c) management compensation; (d) appointment of members of the Board of Directors,
its advisory committees, and the Board of Officers; (e) risk management; (f) transactions with related parties; (g) conflict of interests;
and (h) trading in the Company's securities;&#9;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>


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    <!-- Field: /Page -->

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">xix.&#9;Decide on the performance of non-profit
acts, for the benefit of employees or the community whenever the value involved is greater than R$2,000,000.00 (two million Reais);&#9;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">xx.&#9;Approving the Company&rsquo; supplementary
pension plan and that of its controlled companies;&#9;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">xxi.&#9;Electing and dismissing, at any time,
the Officers, including the Chief Executive Officer, determining their specific titles, duties and scopes of authority in compliance with
the provisions of these By-laws, and also approving the assignment of new duties to Officers and any amendment to the composition and
the duties of the members of the Board of Officers;&#9;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">xxii.&#9;Dividing the total global remuneration
amount established by the Shareholders&rsquo; Meeting among the Directors and Officers of the Company, as the case may be;&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">xxiii.&#9;Approve its internal rulings, as well
as the internal rulings of its advisory committees;&#9;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">xxiv.&#9;Approve the Board of Officers&rsquo;
internal rulings, with its respective organizational structure;&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">xxv.&#9;Appointing the Company's representatives
in the management of its controlled companies;&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">xxvi.&#9;Electing or dismissing the independent
auditors responsible for providing audit services on the Company&rsquo;s financial statements, after assessment and opinion issued by
the Statutory Audit Committee;&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">xxvii.&#9;Rendering an prior and grounded opinion
for or against any tender offer for the acquisition of shares issued by the Company to be disclosed until fifteen (15) days prior to the
publication of the tender offer call notice that shall address, at least,: (i) the convenience and opportunity of the tender offer regarding
the interest of the overall shareholders also related to the price and potential impacts for the liquidity of shares; (ii) the repercussions
of the tender offer on the Company&rsquo;s interests; (iii) the strategic plans disclosed by the offeror with regard to the Company; (iv)
the options to the acceptance of the tender offer for the acquisition of shares available in the market; and (v) other points the Board of Directors consider pertinent, as
well as the information required by the applicable rules set forth by CVM;&#9;</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%"><IMG SRC="logo01.jpg" ALT="">&nbsp;</TD></TR></TABLE><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><P STYLE="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>CONT. MINUTES OF THE ANNUAL AND EXTRAORDINARY SHAREHOLDERS&rsquo; MEETING OF </B></P><P STYLE="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>TIM S.A</B></P><P STYLE="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>March 30<SUP>th</SUP>, 2021</B></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"></P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">xxviii.&#9;Decide on any subject or proposal
to be submitted to the Shareholders&rsquo; Meeting and to resolve on its convening, whenever it is necessary;&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">xxix.&#9;review, annually, the corporate governance
program, in order to improve it; &#9;&#9;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">xxx.&#9;decide on independent auditors&rsquo;
annual work plan, after prior assessment of the Statutory Audit Committee of the Company;&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">xxxi.&#9;Performing any other activities assigned
to it by the Shareholders' Meeting; and&#9;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">xxxii.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Deciding
the cases not provided for herein and performing other duties not assigned to another body by law or by these By-laws.</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Sole Paragraph</B> - The Board of Directors
may establish differentiated levels of authority for the Board of Officers and down the hierarchical structure of the Company&rsquo;s
administrative organization, always observing the provisions of these By-Laws.&#9;&#9;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>SECTION 23</B> &ndash; The Board of Directors
is comprised of at least five (5) and at most nineteen (19) permanent members.&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Paragraph 1&ordm;</B> &ndash; At least two
(2) or twenty percent (20%) of the members of the Board of Directors, which is higher, shall be Independent Directors, as per the definition
of the Novo Mercado Rules, and shall also be considered independent the Director(s) elected as provided in paragraphs 4 and 5 of Section
141 of Law 6,404/76 and in paragraph 3 of Section 16 of Novo Mercado Rules.&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Paragraph 2&ordm;</B> &ndash; Whenever the
membership percentage results in a fraction, as a result of the compliance with the percentage set forth in the above paragraph, the number
will be rounded up to the immediate following whole number, under the Novo Mercado Rules.&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%"><IMG SRC="logo01.jpg" ALT="">&nbsp;</TD></TR></TABLE><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><P STYLE="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>CONT. MINUTES OF THE ANNUAL AND EXTRAORDINARY SHAREHOLDERS&rsquo; MEETING OF </B></P><P STYLE="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>TIM S.A</B></P><P STYLE="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>March 30<SUP>th</SUP>, 2021</B></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Paragraph 3&ordm;</B> &ndash; The qualification
as Independent Directors shall be resolved in the Shareholders&rsquo; Meeting that elects them and expressly recorded in its Minutes.&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>SECTION 24</B> &ndash; The Directors shall
be elected and dismissible by the Shareholders&rsquo; Meeting, and the Board of Directors shall appoint, among them, its Chairman.</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Paragraph 1&ordm;</B> - The member of the
Board of Directors shall have a spotless reputation; and except as waived by the Shareholders&rsquo; Meeting, the following may not be
elected: (i) those who hold positions in companies that might be considered competitors to the Company; or (ii) those who have or represent
conflicting interest with that of the Company. Directors shall not be entitled to exercise voting rights or have access to information
or take part in Board of Directors&rsquo; Meetings in case of impediments specified in this Paragraph 1&ordm;, derived from supervening
or unknown event, at the time of their elections.&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Paragraph 2&ordm;</B> - Pursuant to Section
156, of Law no. 6,404/76, the right to vote shall not be exercised in the circumstances where there is a conflict of interest with that
of the Company.&#9;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>SECTION 25</B> &ndash; The Board of Directors
shall meet regularly at least six (6) and up to twelve (12) times per year, and whenever called for a special meeting by its Chairman,
by any 2 (two) Directors or by the Company&rsquo;s Chief Executive Officer.&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Paragraph 1&ordm;</B> - The call notices
shall be sent by mail or e-mail, delivered at least 7 (seven) days in advance, except in the cases of evident urgency, at the sole discretion
of the Chairman of the Board. The call notice shall specify the agenda.&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Paragraph 2&ordm;</B> - The members of the
Board are authorized to participate through video and/or audio conferences, everything with no prejudice to the effectiveness of the decisions
made. Votes by letter, e-mail or registered through the corporate governance system or any other formal means of communications are allowed
as well, as long as they are received by the Chairman of the Board of Directors or the alternate thereto until the time of the respective
meeting.&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Paragraph 3&ordm;</B> - The Chairman of the
Board of Directors may invite to attend the meetings of the body any other members of the Board of Officers, other Company&rsquo;s high
ranked employees, as well as any third parties that may contribute with opinions or recommendations related to the matter to be
decided on by the Board of Directors. The individuals invited to attend the meetings of the Board shall not be entitled to vote.&#9;</P>


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    <!-- Field: /Page -->

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"></P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>SECTION 26</B> &ndash; The Board of Directors
decisions shall be passed by majority of votes, with the presence of the majority of the Directors; and in the event of draw, the Chairman
shall be entitled to the deciding vote.&#9;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Sole Paragraph</B> - Minutes shall be drawn
up to record the meetings of the Board of Directors, which minutes shall be signed by all Directors that attended such meeting and by
the Secretary of the meeting.&#9;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>Subsection I</B></P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>Committees of The Board of Directors</B></P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>SECTION 27</B> &ndash; The Board of Directors,
for its advice, may create technical and advisory committees, on a permanent basis or not, whenever it deems necessary.</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Sole Paragraph -</B> The Board of Directors
shall establish the rules applicable to its committees, including rules on authorities, composition, term of office, compensation, operation
and scope.&#9;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>SECTION 28</B> &ndash; The Company shall
have a Statutory Audit Committee, an advisory body directly under the Board of Directors.</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Paragraph 1&deg;</B> &ndash; The Statutory
Audit Committee shall adopt its own Internal Regulations, approved by the Board of Directors, which shall provide in detail on its functions
and on its operational procedures, observing the legislation in force and the rules issued by the regulatory bodies of the financial market
and of the stock exchanges where the Company&rsquo;s securities are listed.&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Paragraph 2&deg;</B> &ndash; The Statutory
Audit Committee shall operate permanently and shall be composed of at least 3 (three) and no more than 5 (five) members, appointed by
the Board of Directors, for a term of office of 2 (two) years, which shall coincide with the term of office of the members of the Board of Directors, and
their appointment shall be limited to a maximum period of 10 (ten) years.&#9;</P>


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    <!-- Field: /Page -->

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"></P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Paragraph 3&ordm;</B> &ndash; In compliance
with the rules issued by the regulatory bodies of the financial market: (i) at least 1 (one) of the independent members of the Board of
Directors shall also be a member of the Statutory Audit Committee; (ii) at least 1 (one) member of the Statutory Audit Committee shall
have recognized experience in matters of corporate accounting; (iii) all members of the Statutory Audit Committee shall be independent
members; and (iv) all its members shall meet the requirements provided for in Section 147 of Law 6,404/76.&#9;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Paragraph 4&deg;</B> - The same member of
the Statutory Audit Committee may accumulate both characteristics referred to in items (i) and (ii) of Paragraph 3rd above.&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Paragraph 5&deg;</B> &ndash; Persons who
are or have been, in last the 5 (five) years, members of management or employees of the Company, or of its controlled, parent or affiliated
companies, or of companies under common control, directly or indirectly, or technical professionals in charge of teams involved in the
Company's audit work, or their spouses, relatives through lineal or collateral kinship up to the third degree, and through affinity up
to the second degree, shall be prohibited from being members of the Statutory Audit Committee.&#9;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Paragraph 6&deg;</B> &ndash; The Statutory
Audit Committee shall have one coordinator elected by the majority of its members, whose activities and duties shall be determined in
the Statutory Audit Committee's Internal Regulations.</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Paragraph 7&deg;</B> &ndash; The Statutory
Audit Committee shall meet whenever necessary, but at least every two months, so that the accounting information of the Company may always
be reviewed by such body before their disclosure.&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>SECTION 29</B> - The Statutory Audit Committee,
among other functions that may be assigned to such body by the Board of Directors or by the applicable regulation, shall be responsible
for:&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%"><IMG SRC="logo01.jpg" ALT="">&nbsp;</TD></TR></TABLE><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><P STYLE="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>CONT. MINUTES OF THE ANNUAL AND EXTRAORDINARY SHAREHOLDERS&rsquo; MEETING OF </B></P><P STYLE="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>TIM S.A</B></P><P STYLE="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>March 30<SUP>th</SUP>, 2021</B></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">I.&#9;issuing its opinion on the hiring and
dismissal of the independent auditor responsible for the audit services on the financial statements, as well as any other services, whether
or not they are audit services;&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">II.&#9;analyzing the annual work plan, discussing
the result of the activities performed, the revisions made and assessing the performance of the independent auditors;&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">III.&#9;supervising the activities of the independent
auditors with the purposes of assessing their independence, the quality and the adequacy of the services provided to the Company, including,
to the extent allowed by the legislation, assisting in the solution of any divergences between the management and the independent auditors
with respect to the presentation of the financial statements;&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">IV.&#9;supervising the activities performed
by the internal audit, analyzing, for such purpose, the annual work plan, discussing the result of the activities performed, the revisions
made and assessing the performance of the internal auditors;&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">V.&#9;supervising and analyzing the effectiveness,
quality and integrity of the internal control mechanisms, in order to, among other things, monitor compliance with provisions related
to: (i) presentation of the financial statements, including the quarterly financial information and other interim statements; and (ii)
the information and measurements disclosed based on adjusted accounting data and on non-accounting data, which add elements that are not
provided for in the structure of the usual reports of the financial statements;&#9;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">VI.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;to
have tools for receiving and treatment of information about non-compliance with legal and regulatory provisions applicable to the Company,
in addition to internal regulations and codes, including provision for specific procedures to protect the provider and confidentiality
of information;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">VII.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;analyzing
whistleblower reports, anonymous or otherwise, related to any accounting, internal controls or audit matters, received by the Company,
as well as suggesting the measures that may be taken;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>


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    <!-- Field: /Page -->

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">VIII.&#9;examining, assessing and issuing its
opinion, previously, on whether the agreements to be executed between the Company or its controlled companies, on one side, and the controlling
shareholder or its controlled companies, affiliated or under the same control or the controlling companies of the latter, or parties related
to the Company, on the other side, comply with the standards normally adopted in the market in transactions of the same nature between
independent parts, based on the material submitted by the Company's management, and the Statutory Audit Committee may request additional
clarifications or opinions of independent third parties, whenever it deems necessary;&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">IX.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;preparing
summarized annual report, to be presented together with the financial statements, containing the description of: (a) its activities, the
results and conclusions reached and the recommendations made; and (b) any situations in which there are significant divergences among
the Company's management, the independent auditors and the Statutory Audit Committee with respect to the Company's financial statements;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">X.&#9;assessing and monitoring the risk exposures
of the Company, being authorized to request detailed information on policies and procedures related to: (a) the compensation of the management;
(b) the use of the Company's assets; and (c) the expenses incurred on behalf of the Company; &#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">XI.&#9;evaluating, monitoring and recommending
to the Management the correction or improvement of the Company's internal policies, including the policy of transactions with related
parties; and&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">XII.&#9;evaluating the quarterly information,
interim statements and financial statements.&#9;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"></P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Sole Paragraph -</B> The Statutory Audit
Committee, by means of resolution passed by the majority of its members, may hire external consultants, including independent auditors
and lawyers, to assist it in the fulfillment of its duties and responsibilities.&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>SECTION 30</B> - The Statutory Audit Committee
shall have operational autonomy and budgetary endowment, within the limits approved by the Board of Directors and in accordance with proposal
prepared by the Statutory Audit Committee itself, to conduct or determine the conduction of inquiries, assessments and investigations
within the scope of its activities, and it may hire, for such purpose, independent external specialists.&#9;</P>


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    <!-- Field: /Page -->

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>SECTION III</B></P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>BOARD OF EXECUTIVE OFFICERS</B></P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>SECTION 31</B> &ndash; The Board of Executive
Officers, who may or may not be shareholders themselves, shall be comprised of a minimum of three (3) and a maximum of twelve (12) members.
All Officers shall be elected by the Board of Directors, which may dismiss them at any time. Among the Officers, shall be entitled, necessarily,
the Chief Executive Officer, the Chief Financial Officer, the Investor Relations Officer and the Legal Officer, and the others shall be
entitled as established by the Board of Directors.&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Paragraph 1&ordm;</B> - In the case of a
vacant Officer position, the Board of Directors shall elect a new Officer or an alternate to fill it in for the unexpired term of mandate.&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Paragraph 2&ordm;</B> - In the absence or
temporary incapacity of any Officer, an alternate Officer shall be appointed by the Chief Executive Officer or, in the event of his/her
incapacity, by majority decision of the Officers.&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>SECTION 32</B> &ndash; Pursuant to the provisions
of Section 143, paragraph 2&ordm; of Law 6,404/76, it is incumbent upon the Board of Officers, acting as a decision body:&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">i.&#9;Approve the proposals, plans and projects
to be submitted to the Board of Directors and/or the Shareholders&rsquo; Meeting;&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">ii.&#9;Decide on the execution of agreements
of any nature, except for those mentioned in Section 10, item xiii of these By-laws, between the Company or its controlled companies,
on one side, and the controlling shareholder or its controlled companies, affiliated or under the same control or the controlling companies
of the latter, or parties related to the Company, on the other side, with a value under R$50,000,000.00 (fifty million Reais), after prior
assessment of the Company&rsquo;s Statutory Audit Committee to the effect that the terms and conditions of the agreement in question are
in compliance with standards normally adopted in the market for transactions of the same nature between independent parties;&#9;</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%"><IMG SRC="logo01.jpg" ALT="">&nbsp;</TD></TR></TABLE><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><P STYLE="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>CONT. MINUTES OF THE ANNUAL AND EXTRAORDINARY SHAREHOLDERS&rsquo; MEETING OF </B></P><P STYLE="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>TIM S.A</B></P><P STYLE="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>March 30<SUP>th</SUP>, 2021</B></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">iii.&#9;Decide on the participation of the Company
or its controlled companies in any association and, once it does not require the incorporation of a company, in any joint venture, consortium
or any similar structure;&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">iv.&#9;Decide on the appointment of the Company
and its controlled companies' representatives in other companies or associations in which they participate;&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">v.&#9;Decide on the execution of agreements
by the Company or by its controlled companies of loans, financing or other transactions implying indebtedness to the Company or its controlled
companies, whose total value is equal to or lower than R$500,000,000.00 (five hundred million Reais). Letter of bank guarantees or guarantees
of any nature, hired by the Company or its controlled companies, to ensure judicial or administrative proceedings, are excepted;&#9;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">vi.&#9;Decide on the execution of agreements
by the Company, or by its controlled companies, for the purchase of assets or services, whose total value is equal to or lower than R$500,000,000.00
(five hundred million Reais);&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">vii.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Decide
on the sale, donation, assignment, or encumbrance of any assets or rights classified in the non-current assets of the Company or its subsidiaries
or controlled companies, whose original acquisition value, or in its absence, the market value, is equal to or lower than R$50,000,000.00
(fifty million Reais);</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">viii.&#9;Decide on the granting of secured or
personal guaranty by the Company in favor of third parties, controlled companies included, equal to or lower than R$50,000,000.00 (fifty
million Reais) and over the amount of R$10,000,000.00 (ten million Reais), except for any guarantees in favor of (i) employees of the
Company or its controlled companies with respect to residential rental agreements, in the event of relocation at the request of the Company;
and (ii) controlled or affiliated companies with respect to rental agreements for establishments, stores or commercial points;&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">ix.&#9;Authorize the execution by the Company,
or by its subsidiaries or controlled companies, of agreements, judicial or extrajudicial, Conduct Adjustment Agreement or any similar
instruments, which result in the assumption of financial obligations, to do or not to do, the donation of goods or services, and / or
the waiver of rights, whenever the total amount involved exceeds R$10,000,000.00 (ten
million Reais), and whose main objective is (i) to avoid the filing of new lawsuits, (ii) to remove or suspend the application of penalties
and / or the imposition of restrictions by the competent authorities, or (iii) to close litigations in progress;&#9;</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%"><IMG SRC="logo01.jpg" ALT="">&nbsp;</TD></TR></TABLE><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><P STYLE="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>CONT. MINUTES OF THE ANNUAL AND EXTRAORDINARY SHAREHOLDERS&rsquo; MEETING OF </B></P><P STYLE="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>TIM S.A</B></P><P STYLE="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>March 30<SUP>th</SUP>, 2021</B></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"></P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">x.&#9;Decide on the performance of non-profit
acts, for the benefit of employees or the community whenever the value involved is equal to or lower than R$2,000,000.00 (two million
Reais);&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">xi.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Approve
the execution of collective agreements by the Company or its controlled companies; and</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">xii.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Establish
financial thresholds to be applied down the hierarchical structure of the Company&rsquo;s administrative organization, based on the limits
defined in these By-laws, for the practice of acts and execution of agreements, and those that may be approved for the Company's Board
of Officers and attorneys-in-fact by the Board of Directors.</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Paragraph 1&ordm;</B> - The Chief Executive
Officer shall, among other attributions, coordinate the activities of the Officers and conduct the execution of the Company&rsquo;s Management,
as follows:&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">i.&#9;To guarantee the effectiveness and the
proper operation of the Board of Officers;&#9;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">ii.&#9;To organize and coordinate, with collaboration
of the Secretary, the agenda of the meetings;&#9;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">iii.&#9;To convene, directly or through the
Secretary collaboration, the Board of Officers&rsquo; Meetings;&#9;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">iv.&#9;To install and chair the Board of Officers&rsquo;
Meetings;&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">v.&#9;To coordinate the discussions and resolutions
taken in the Board of Officers&rsquo; Meetings, promoting participation of all members in decision-making process, observing your independent
position and being responsible for the proper operation of the meetings;&#9;</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%"><IMG SRC="logo01.jpg" ALT="">&nbsp;</TD></TR></TABLE><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><P STYLE="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>CONT. MINUTES OF THE ANNUAL AND EXTRAORDINARY SHAREHOLDERS&rsquo; MEETING OF </B></P><P STYLE="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>TIM S.A</B></P><P STYLE="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>March 30<SUP>th</SUP>, 2021</B></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">vi.&#9;To combine the Board of Officers&rsquo;
activities with the interests of the Company, its shareholders and related parties; and&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">vii.&#9;To address to the Board of Directors&rsquo;
Chairman doubts and information requirements of the members of the Board of Officers, in order to facilitate and organize the communication
with the Board of Directors.&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Paragraph 2&ordm;</B> - The Investor Relations
Officer shall, among other activities, the following attribution:&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">i.&#9;To guarantee the relationship with the
national and international financial community, ensuring compliance with the obligations of capital market regulators where the company's
shares are listed.&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Paragraph 3&ordm;</B> - The Chief Financial
Officer shall, among other activities, the following attribution:&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">i.&#9;To ensure financial, administrative, economic-managerial
and tax procedures.&#9;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Paragraph 4&ordm;</B> - The Legal Officer
shall, among other activities, the following attribution:&#9;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">i.&#9;To ensure the Company's tutelage and legal
support, except for tax matters.&#9;&#9;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>SECTION 33</B> &ndash; The Board of Officers
shall meet whenever convened by the Chief Executive Officer or by 2 (two) members of the Board of Officers.&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Paragraph 1&ordm;</B> - The call notices
for the meetings of the Board of Officers shall be made by mail or e-mail, delivered at least 2 (two) days in advance, except in the cases
of evident urgency, at the sole discretion of the Chief Executive Officer. The call notice shall be waived when all Officers are present.&#9;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Paragraph 2&ordm;</B> - The members of the
Board of Officers are authorized to participate through video and/or audio conferences, everything with no prejudice to the effectiveness
of the decisions made. Votes by letter, e-mail or registered through the corporate governance system or any other formal means of communications
are allowed as well, as long as they are received by the Chief Executive Officer
or the alternate thereto until the time of the respective meeting.&#9;</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%"><IMG SRC="logo01.jpg" ALT="">&nbsp;</TD></TR></TABLE><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><P STYLE="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>CONT. MINUTES OF THE ANNUAL AND EXTRAORDINARY SHAREHOLDERS&rsquo; MEETING OF </B></P><P STYLE="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>TIM S.A</B></P><P STYLE="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>March 30<SUP>th</SUP>, 2021</B></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"></P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Paragraph 3&ordm;</B> &ndash; The decisions
of the Board of Officers shall be made by majority of votes of the Officers, and the Chief Executive Officer shall be entitled to the
deciding vote in the event of draw.&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Paragraph 4&ordm;</B> - The meetings of the
Board of Officers shall be recorded in minutes, which shall be signed by the attending Officers and by the Secretary.&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>SECTION 34</B> &ndash; The Chief Executive
Officer, acting severally, is vested with full powers to practice any and every act and sign any and every document on behalf of the Company,
provided that the limits set forth by Sections 10, 22 and 32 of these By-laws and under the law are observed.&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Paragraph 1&ordm;</B> - The Board of Directors
is responsible for determining the scope of authority of each one of the other Officers, as well as the value up to which they are authorized
to perform acts and sign documents on behalf of the Company, provided that the limits set forth in Sections 10, 22 and 32 of these By-laws
and under the law are observed.</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Paragraph 2&ordm;</B> - Without prejudice
of the provisions in the caput and in paragraph 1&ordm; of this Section, any of the Company&rsquo;s Officers may act severally in matters
within the levels of authority established by the Board of Directors, as well as representing the Company before third parties, including
federal, state and local government agencies.&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>SECTION 35</B> &ndash; Provided that the
limits set forth in Sections 10, 22, 32 and 34 of these By-laws, in the levels of authority established by the Board of Directors and
in the law are observed, the Company shall be represented and shall be validly bound by the act or signature of:&#9;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">i.&#9;any Officer, acting individually;&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">ii.&#9;2 (two) attorneys acting jointly; or&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%"><IMG SRC="logo01.jpg" ALT="">&nbsp;</TD></TR></TABLE><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><P STYLE="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>CONT. MINUTES OF THE ANNUAL AND EXTRAORDINARY SHAREHOLDERS&rsquo; MEETING OF </B></P><P STYLE="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>TIM S.A</B></P><P STYLE="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>March 30<SUP>th</SUP>, 2021</B></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">iii.&#9;a single attorney, acting individually,
as long as the respective power of attorney has been signed (a) by 2 (two) Officers, one of them necessarily being the Chief Executive
Officer, or (b) by 3 (three) Officers acting jointly;&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Paragraph 1&ordm;</B> - The powers of attorney
granted by the Company shall be signed by one Officer, except for power of attorney instruments that grant powers for the grantee to act
individually, which shall observe the provisions in item III of the caput of this Section, observing the relevant levels of authority
established by these By-laws.&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Paragraph 2&ordm;</B> &ndash; The powers
of attorney granted by the Company shall specify the powers granted and shall be valid for a maximum of 1 (one) year, except for those
for judicial purposes, which shall be granted for an indeterminate term. The delegation of powers of attorney <I>ad negotia</I> is prohibited.&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>SECTION 36 </B>&ndash; The Board of Officers
shall manage the Company strictly complying with the provisions of these By-laws and the applicable legislation, and the members thereof
are not allowed to, jointly or severally, practice any act strange to the Company&rsquo;s corporate purposes.&#9;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>CHAPTER V</B></P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>FISCAL COUNCIL</B></P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>SECTION 37</B> - The Fiscal Council is the
body responsible for the surveillance of the Company&rsquo;s management acts and of information to shareholders and shall be operated
permanently.&#9;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>SECTION 38</B> - The Fiscal Council shall
be comprised of 3 (three) to 5 (five) permanent members and each one shall have an alternate, shareholders or not, elected by the Shareholders&rsquo;
Meeting.&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Paragraph 1&ordm;</B> &ndash; The members
of the Fiscal Council shall be independent, and for such, they shall comply with the following requirements: (i) not be or not have been
in the past 3 (three) years an employee or manager of the Company or any company controlled thereby or under the common control therewith;
and (ii) not receive any remuneration, either directly or indirectly, from the Company or from a company controlled thereby or under the
common control therewith, except for the remuneration as member of the Fiscal Council.</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%"><IMG SRC="logo01.jpg" ALT="">&nbsp;</TD></TR></TABLE><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><P STYLE="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>CONT. MINUTES OF THE ANNUAL AND EXTRAORDINARY SHAREHOLDERS&rsquo; MEETING OF </B></P><P STYLE="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>TIM S.A</B></P><P STYLE="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>March 30<SUP>th</SUP>, 2021</B></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">Individuals who are not qualified as independent,
as provided for in this paragraph 1, may not be elected for the Fiscal Council.&#9;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Paragraph 2&ordm;</B> &ndash; The members
of the Fiscal Council, effective or alternate, shall take office after the execution of the term of office, which shall encompass their
subjection to the arbitration clause referred to in Section 49 of these By-Laws and the compliance with any applicable legal requirements.&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Paragraph 3&ordm;</B> &ndash; The term of
office of the Fiscal Council&rsquo;s members shall end at the first Annual Shareholders' Meeting following the respective election, reelection
being allowed. The members of the Fiscal Council shall remain in office until their successors are installed.&#9;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Paragraph 4&ordm;</B> &ndash; The members
of the Fiscal Council, in their first meeting, shall elect their Chairman, charged with effecting that body&rsquo;s resolutions.&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Paragraph 5&ordm;</B> &ndash; The Fiscal
Council may request the Company to appoint qualified staff to provide it clerical and technical support.&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Paragraph 6&ordm;</B>&ndash; Upon their installation,
the members of the Fiscal Council shall sign, in addition to the instrument of taking of office, a statement whereby they shall abide
by the internal rules of the Fiscal Council, the Company&rsquo;s Policies and Code of Ethics and Conduct as well as a statement certifying
that they are not under any hindrance, as provided for in the Internal Rules of the Fiscal Council.&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>SECTION 39</B> &ndash; In addition to the
duties provided for at law, the Fiscal Council shall deliberate on its own Internal Rules.&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>SECTION 40</B> &ndash; The Fiscal Council
shall meet regularly every quarter, and specially whenever needed.&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Paragraph 1&ordm;</B> &ndash; The meetings
shall be convened by the Chairman of the Fiscal Council or by 2 (two) of its members or by the Company&rsquo;s Chief Executive Officer,
and they shall be established upon the attendance of the majority of its members.&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>


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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%"><IMG SRC="logo01.jpg" ALT="">&nbsp;</TD></TR></TABLE><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><P STYLE="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>CONT. MINUTES OF THE ANNUAL AND EXTRAORDINARY SHAREHOLDERS&rsquo; MEETING OF </B></P><P STYLE="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>TIM S.A</B></P><P STYLE="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>March 30<SUP>th</SUP>, 2021</B></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Paragraph 2&ordm;</B> &ndash; The Fiscal
Council&rsquo;s resolutions shall be passed by majority vote, the majority of its members being present, and the dissenting member of
the Fiscal Council shall state his/her dissenting opinion on the meeting minutes and shall inform it to the managing corporate bodies
and to the Shareholders&rsquo; Meeting.&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>SECTION 41</B> &ndash; The members of the
Fiscal Council shall be replaced in their absence or incapacity by their respective alternates.&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>SECTION 42</B> &ndash; In addition to the
events of death, resignation, removal and others provided by law, a position shall become vacant when the member of the Fiscal Council
fails to appear, for no good reason, at 2 (two) consecutive meetings or 3 (three) non-consecutive meetings in a fiscal year.&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Paragraph 1&ordm;</B> &ndash; In the event
a position in the Fiscal Council becomes vacant, the replacement shall be effected as provided under Section 41 above.&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Paragraph 2&ordm;</B> &ndash; If a position
in the Fiscal Council becomes vacant and there is no alternate to be called to serve for the remaining term of office, a Shareholders'
Meeting shall be convened to elect the alternate.</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>SECTION 43</B> &ndash; The remuneration of
the members of the Fiscal Council shall be determined by the Annual Shareholders' Meeting electing them, and for each acting member it
shall not be less than one tenth of the average remuneration paid to each member of the Board of Officers, not counting profit sharing.</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Sole Paragraph -</B> The acting alternate
shall be entitled to the member's remuneration for the replacement period, counted month by month, on which case the permanent member
shall not receive the monthly remuneration.&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>SECTION 44</B> &ndash; As suggested by the
Fiscal Council, the Company&rsquo;s Shareholders&rsquo; Meeting shall set aside, on an annual basis, a reasonable amount to pay the expenses
incurred by the Fiscal Council, which shall be incurred pursuant to the budget approved by the majority of its members.&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>


<!-- Field: Page; Sequence: 27 -->
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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%"><IMG SRC="logo01.jpg" ALT="">&nbsp;</TD></TR></TABLE><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><P STYLE="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>CONT. MINUTES OF THE ANNUAL AND EXTRAORDINARY SHAREHOLDERS&rsquo; MEETING OF </B></P><P STYLE="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>TIM S.A</B></P><P STYLE="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>March 30<SUP>th</SUP>, 2021</B></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Paragraph 1&ordm;</B> &ndash; The Company&rsquo;s
management shall take the actions required for the Company to bear all costs and expenses as approved by the Fiscal Council, provided
that the limit established by the Company&rsquo;s Shareholders&rsquo; Meeting is observed.&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Paragraph 2&ordm;</B> &ndash; The Fiscal
Council, upon decision of the majority of its members, may hire external consultants, including independent auditors and lawyers, to assist
it in complying with its duties and assignments, provided that the annual budgetary limit determined by the Shareholders&rsquo; Meeting
is observed, as provided in the caput of this Section.</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>CHAPTER VI</B></P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>FISCAL YEAR AND FINANCIAL STATEMENTS</B></P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>SECTION 45</B> &ndash; The fiscal year shall
last one year, starting on January 1st (first) of each year and ending on the last day of the month of December.&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>SECTION 46</B> &ndash; The Management shall
submit to the Annual Shareholders&rsquo; Meeting together with the financial statements, a proposal for employee profit sharing and for
the destinations of the net income of the year.&#9;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Paragraph 1&ordm;</B> - The net income shall
have the following destination:</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">(i)&#9;5% (five percent) for the legal reserve,
up to 20% (twenty percent) of the paid-up capital; and&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">(ii)&#9;25% (twenty-five percent) of the net
income, restated pursuant to items II and III of section 202 of Law no. 6,404/76 shall be distributed as mandatory minimum dividend to
all shareholders&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Paragraph 2&ordm;</B> &ndash; The net income
balance not allocated to the payment of the mandatory minimum dividend shall be allocated to a supplementary reserve for the expansion
of corporate business, including, but not limited to: investments in infrastructure, and in the development of products and services.
The reserve provided in this Paragraph 2&ordm; shall not exceed 80% (eighty percent) of the capital stock. Once that limit is reached,
the Shareholders&rsquo; Meeting shall decide on
the destination of the balance, either distribution to shareholders or capitalization.&#9;</P>


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    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%"><IMG SRC="logo01.jpg" ALT="">&nbsp;</TD></TR></TABLE><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><P STYLE="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>CONT. MINUTES OF THE ANNUAL AND EXTRAORDINARY SHAREHOLDERS&rsquo; MEETING OF </B></P><P STYLE="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>TIM S.A</B></P><P STYLE="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>March 30<SUP>th</SUP>, 2021</B></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"></P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Paragraph 3&ordm;</B> - The management may
pay or credit interest on capital as provided under paragraph 7, of Section 9 of Law No. 9,249/95 and applicable laws and regulations,
which can be deducted from the mandatory dividends under Section 202 of Law No. 6,404/76, including on the basis of interim financial
statements, half-yearly, quarterly or monthly, provided under these By-laws, by resolution of the Board of Directors.&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Paragraph 4&ordm;</B> - The authorization
stated in the paragraph 3&ordm; above, is equally applied in case of any declaration of dividends or interest on capital stock, account
of retained earnings or account of profit reserves existing.&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Paragraph 5&ordm;</B> - Dividends not received
or claimed within a period of 3 (three) years, counting from the date they were made available to the shareholder, shall be reverted to
the Company.&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>CHAPTER VII</B></P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>LIQUIDATION</B></P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>SECTION 47</B> &ndash; The Company shall
be liquidated in the cases provided by law, or upon decision of the Shareholders&rsquo; Meeting, which shall determine the method of liquidation,
elect the liquidator and install the Fiscal Council for the liquidation period, electing its members and determining their respective
remuneration.&#9;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>CHAPTER VIII</B></P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>DISPOSAL OF CORPORATE CONTROL</B></P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>SECTION 48</B> &ndash; The disposal of corporate
control, directly or indirectly, through as sole transaction or as successive ones, shall be conclude under a condition that the Buyer
of the Company&rsquo;s Control undertakes to make a public tender offer to acquire all shares, issued by the Company owned by the other
shareholders, and this public tender offer must comply with terms and conditions set forth in the statutory laws and regulations in force
and the Novo Mercado Rules, so as to warrant that shareholders
shall be given the same treatment as the transferor.</P>


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    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%"><IMG SRC="logo01.jpg" ALT="">&nbsp;</TD></TR></TABLE><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><P STYLE="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>CONT. MINUTES OF THE ANNUAL AND EXTRAORDINARY SHAREHOLDERS&rsquo; MEETING OF </B></P><P STYLE="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>TIM S.A</B></P><P STYLE="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>March 30<SUP>th</SUP>, 2021</B></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&#9;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>CHAPTER IX</B></P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>ARBITRATION</B></P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>SECTION 49</B> &ndash; The Company, its Shareholders,
Managers and The Fiscal Council members, effective or alternate, if applicable, shall refer to arbitration before the Market Arbitration
Panel, according its regulations, any controversies that may arise among them, with relation to or origin on the condition of issuer,
shareholders, officers and members of the Fiscal Council, in particular, derived from the provisions set forth in the Law n&ordm; 6,385/76,
Law n&ordm; 6,404/76, Company&rsquo;s By-laws, rules enacted by the National Monetary Council, the Central Bank of Brazil and Securities
and Exchange Commission of Brazil as well as in any other applicable rules to the functioning of the overall capital markets, in addition
to the rules set forth in the Novo Mercado Rules, other B3 regulations and the Novo Mercado Agreement.&#9;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>CHAPTER X</B></P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>DELISTING OF THE COMPANY OF NOVO MERCADO LISTING
SEGMENT</B></P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>SECTION I</B></P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>GENERAL PROVISIONS</B></P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>SECTION 50</B> &ndash; The Company&rsquo;s
delisting of Novo Mercado listing segment may occur, pursuant to Sections II and III below, according to:&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">I.&#9;the decision of the controlling shareholder
or of the Company;&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">II.&#9;the non-compliance with obligations under
the Novo Mercado Rules; and&#9;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">III.&#9;the cancellation of the Company's publicly-held
registration or the conversion of the CVM registration category, in which case the provisions set forth in the legislation and regulations
in force shall be observed.&#9;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 30 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%"><IMG SRC="logo01.jpg" ALT="">&nbsp;</TD></TR></TABLE><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><P STYLE="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>CONT. MINUTES OF THE ANNUAL AND EXTRAORDINARY SHAREHOLDERS&rsquo; MEETING OF </B></P><P STYLE="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>TIM S.A</B></P><P STYLE="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>March 30<SUP>th</SUP>, 2021</B></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>SECTION II</B></P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>VOLUNTARY DELISTING OF THE COMPANY</B></P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>SECTION 51</B> &ndash; The voluntary delisting
from the Novo Mercado listing segment will only be granted by B3, if it is preceded by a public tender offer for the acquisition of shares
that observes the procedures provided in CVM instructions for cancellation of registration as a publicly held company and in the Novo
Mercado Rules.&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Sole Paragraph - </B>The voluntary delisting
from the Novo Mercado listing segment may occur regardless of the public tender offer for the acquisition of shares mentioned above in
the event of dismissal approved by the Shareholders&rsquo; Meeting, in accordance with the Novo Mercado Rules.&#9;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>SECTION III</B></P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>COMPULSORY DELISTING OF THE COMPANY</B></P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>SECTION 52</B> &ndash; The application of
penalty for compulsory delisting from the Novo Mercado listing segment depends on a public tender offer for the acquisition of shares
with the same characteristics as the public tender offer for the acquisition of shares as a result of voluntary delisting from the Novo
Mercado listing segment, as provided in Section 51 above.&#9;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Sole Paragraph - </B>In the event of not
reaching the percentage level equivalent to 1/3 (one third) of the outstanding shares, after the public tender offer for acquisition of
shares, the shares issued by the Company will still be traded for a period of 6 (six) months in that segment, counted from the auction
of the public tender offer for the acquisition of shares, without prejudice to the application of a financial penalty.&#9;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>CHAPTER XI</B></P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>CORPORATE RESTRUCTURING</B></P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>SECTION 53</B> - In the event of a
corporate restructuring that involves the transfer of the Company's shareholding base, the resulting companies shall request
admission to the Novo Mercado listing segment within 120 (one hundred
and twenty) days from the date of the Shareholders&rsquo; Meeting that resolved on the said restructuring.&#9;</P>


<!-- Field: Page; Sequence: 31 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%"><IMG SRC="logo01.jpg" ALT="">&nbsp;</TD></TR></TABLE><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P><P STYLE="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>CONT. MINUTES OF THE ANNUAL AND EXTRAORDINARY SHAREHOLDERS&rsquo; MEETING OF </B></P><P STYLE="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>TIM S.A</B></P><P STYLE="font: 10pt/115% Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>March 30<SUP>th</SUP>, 2021</B></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"></P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>Sole Paragraph - </B>In the event that the
restructuring involves resulting companies that do not intend to request admission to the Novo Mercado listing segment, the majority of
the holders of the outstanding shares of the Company present at the Shareholders&rsquo; Meeting shall agree to this corporate structure.&#9;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>CHAPTER XII</B></P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>TEMPORARY PROVISIONS</B></P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>SECTION 54</B> &ndash; Upon the Company&rsquo;s
admission to the Novo Mercado Rules of B3 S.A. - Brasil, Bolsa, Balc&atilde;o (&ldquo;Novo Mercado&rdquo; and &ldquo;B3&rdquo;, respectively):&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">I.&#9;The Company, its shareholders, including
controlling shareholders, Senior Managers and members of the Fiscal Council, as installed, shall be subject to the provisions of the Novo
Mercado Rules;&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">II.&#9;The capitalized terms in the present
By-laws that have not been defined herein shall have the meaning attributed to them in the Novo Mercado Rules; and&#9;</P>

<P STYLE="font: 11pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">III.&#9;The provisions of the Novo Mercado Rules
shall supersede statutory provisions, in case of harm to the rights of addressees of the public tender offers provided for herein.&#9;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"></P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>SECTION 55</B> &ndash; The approval by the
Company, through its representatives, of the merger, split-up, takeover or dissolution of its controlled companies shall be preceded by
an economic-financial analysis by an internationally acknowledged independent company, that shall confirm equitable treatment is being
provided to all companies involved, and to the shareholders of which shall be granted ample access to the report on that analysis.&#9;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"></P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>SECTION 56</B> &ndash; These By-laws shall
be interpreted in good faith. The shareholders and the Company shall act, in their relationship, with the strictest good faith, subjectively
and objectively.&#9;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>




<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>SECTION 57</B> &ndash; This instrument is
governed by the laws of Federative Republic of Brazil.&#9;</P>

<P STYLE="font: 12pt/18pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>



<P STYLE="font: 11pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 11pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 11pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 11pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"></P>

<!-- Field: Page; Sequence: 32; Options: NewSection -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR></TABLE><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P></DIV>
    <!-- Field: /Page -->
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 10pt 0; text-align: center"><B>SIGNATURES</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 0.25in">Pursuant to the requirements of the
Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto
duly authorized.</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.75pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.75pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.75pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">TIM S.A.</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 53%; padding-right: 5.75pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Date: March 30, 2021</FONT></TD>
    <TD STYLE="width: 5%; padding-right: 5.75pt">&nbsp;</TD>
    <TD STYLE="width: 3%; padding-right: 5.75pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By:</FONT></TD>
    <TD STYLE="width: 39%; border-bottom: black 1pt solid; padding-right: 5.75pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">/s/ Adrian Calaza</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.75pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.75pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.75pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.75pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Adrian Calaza</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.75pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.75pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.75pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.75pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Chief Financial Officer and Investor Relations Officer</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Calibri, Helvetica, Sans-Serif; margin: 0 0 10pt; text-align: center">&nbsp;&nbsp;</P>

<P STYLE="font: 12pt/13.45pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 11pt/115% Calibri, Helvetica, Sans-Serif; margin: 0 0 10pt">&nbsp;</P>

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end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
