* On September 28, 2020, TIM Participacoes S.A. implemented a holding company reorganization (the “Merger”), pursuant to a merger agreement, dated as of August 31, 2020, by and among TIM Participacoes and TIM S.A. (“TIM”), a
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* On September 28, 2020, TIM Participacoes S.A. implemented a holding company reorganization (the “Merger”), pursuant to a merger agreement, dated as of August 31, 2020, by and among TIM Participacoes and TIM S.A. (“TIM”), a wholly owned subsidiary of TIM Participacoes , which resulted in the merger of TIM Participacoes with and into TIM, as the surviving company, pursuant to which the shareholders of TIM Participacoes received one (1) TIM share for every TIM Participacoes share they held. Upon completion of the Merger on September 28, 2020, TIM became the successor issuer to TIM Participacoes pursuant to Rule 12g-3 under the Securities Exchange Act of 1934, as amended.