Tender Offer

You wish to access a webpage dedicated to documents and information relating to the tender offer initiated by FEGA & Schmitt Elektrogroßhandel GmbH on the shares of TIM S.A. (the “Tender Offer”). This Tender Offer is only made in Poland and participation to the Tender Offer may be subject to legal restrictions outside Poland.

Accordingly, access to this web page is restricted to persons who are (i) residents of Poland or of a country where local laws authorize them to participate to the Tender Offer, (ii) not residents, in particular, of the United States of America, Canada, Australia or Japan (iii) not U.S. persons, not located in the United States and not participating in such Tender Offer from the United States or acting on a nondiscretionary basis for a principal that is not a U.S. person, that is located outside the United States and that is not giving an order to participate in such Tender Offer from the United States.

For the purposes of this document, the “United States” means the United States of America, its territories and possessions (including Puerto Rico, the U.S. Virgin Islands, Guam, American Samoa, Wake Island and the Northern Mariana Islands), any state of the United States of America and the District of Columbia.

FEGA & Schmitt Elektrogroßhandel GmbH declines all liability whatsoever in the event of any breach, by any person, of these restrictions. In the event you would have any doubt with regard to the compliance with these restrictions, we recommend that you do not access this website.

By clicking on the “Accept” button below, you certify that you comply with these restrictions and you agree to be bound by each of the terms of this disclaimer.

The documents and materials available on this webpage which is dedicated to the Tender Offer nor any copy of them nor any of their contents may be taken or transmitted into the United States of America, Canada, Japan, Australia or any jurisdiction where it would be prohibited, or distributed, directly or indirectly, in the United States of America, Canada, Japan, Australia, or distributed or redistributed to any resident thereof. The distribution of these documents in other jurisdictions may be restricted by law, and persons who are in possession of these documents should inform themselves about, and observe, any such restrictions. Failure to comply with these provisions may constitute a violation of applicable law.

THIS DOCUMENT DOES NOT CONSTITUTE AN EXTENSION OF THE TENDER OFFER INTO THE UNITED STATES AND THIS DOCUMENT DOES NOT CONSTITUTE OR FORM PART OF THE SOLICITATION OF AN TENDER OFFER TO BUY SECURITIES IN THE UNITED STATES, CANADA, JAPAN, AUSTRALIA, OR ANY OTHER JURISDICTION WHERE SUCH ACTIONS WOULD VIOLATE APPLICABLE LAWS OR WOULD REQUIRE REGISTRATION.

Notice to U.S. Holders: the Tender Offer is not subject to the tender offer rules or the proxy solicitation rules under the US Securities Exchange Act of 1934, as amended. The Tender Offer is not being made, and will not be made, directly or indirectly in or into, or by use of the mails of, or by any means or instrumentality of interstate or foreign commerce of or of any facilities of a national securities exchange of the United States. This includes, but is not limited to, facsimile transmission, electronic mail, telex, telephone, the internet and other forms of electronic communication. The shares may not be tendered in the Tender Offer by any such use, means, instrumentality or facility from or within the United States or by persons located or resident in the United States. Accordingly, copies of the Tender Offer document and any other documents or materials relating to the Tender Offer are not being, and must not be, directly or indirectly mailed or otherwise transmitted, distributed or forwarded (including, without limitation, by custodians, nominees or trustees) in or into the United States or to any U.S. persons or any persons located or resident in the United States. Any purported tender of shares in a Tender Offer resulting directly or indirectly from a violation of these restrictions will be invalid and any purported tender of shares made by a person located in the United States or any agent, fiduciary or other intermediary acting on a nondiscretionary basis for a principal giving instructions from within the United States will be invalid and will not be accepted.

Please confirm your agreement to the above-mentioned restrictions