THE DISSEMINATION, PUBLICATION OR DISTRIBUTION OF THIS COMMUNICATION IS STRICTLY
PROHIBITED, WHETHER IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN ANY JURISDICTION WHERE
SUCH DISSEMINATION, PUBLICATION OR DISTRIBUTION WOULD CONSTITUTE A BREACH OF APPLICA BLE
LAWS OR REGULATIONS.
COMMUNICATION PURSUANT TO ART. 41, PARAGRAPH 2, LETTER C), OF CONSOB
REGULATION NO. 11971/1999 as subsequently amended and supplemented (the "Issuers'
Regulation")
Milan, 21 September 2026 - With reference to the voluntary tender offer for all the ordinary shares of Telecom Italia S.p.A. (ISIN IT0005712671 ) (the "Offer"), launched by Poste Italiane S.p.A.
and communicated on 22 March 2026 pursuant to Article 102, paragraph 1, of Legislative Decree no. 58 of 24 February 1998 (the "TUF"), Telecom Italia S.p.A. (the "Company" or "TIM"), in its capacity as issuer of the securities subject to the Offer,
COMMUNICATE
the following transactions pursuant to Article 41, paragraph 2, letter c) of the Issuers' Regulation carried out by members of the corporate bodies of the TIM Group :
Person who
carried out
the transaction Tool Type Identification
code
(ISIN) Operation
Date Trading
venue Type of operation Unit price
(Euro) Volume
Vallisneri
Ginevra -
Board member
of the TIM Group TIM shares IT0005712671 09/09/2026 OFF-
EXCHANGE
TRANSACTION
S Acceptance of the voluntary public exchange offer: the unit consideration consists of €1.97 and 0.218 newly issued Poste Italiane S.p.A.
ordinary shares, with the cash settlement of fractional shares pursuant to Paragraph F.5 of the Offer Document. 1.97 9,872
Vallisneri
Ginevra -
Board member
of the TIM Group TIM shares IT0005712671 17/09/2026 Euronext Milan sale 7.70
7.75
7.80
7.84 5,000
2,500
1,000
1,500
This communication is made by TIM, for the purposes and for the purposes of Article 41, paragraph 2, letter c) of the Issuers' Regulation, on behalf of the interested party.
***
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DISTRIBUTION OF THIS DOCUMENT IS PROHIBITED BY APPLICABLE LAW.