On November 26th, 2021, TIM SpA (?Telecom Italia Group?, ?Group?) announced that its Board of Directors has accepted the resignation of its Chief Executive Officer (CEO) and General Manager, Mr. Luigi Gubitosi (who remains a member of the Group?s Board of Directors). Simultaneously, as a step of the CEO succession planning process, Mr. Pietro Labriola was appointed as General Manager of Telecom Italia Group (in addition to his current roles of CEO and Board Member of TIM Brasil), with certain powers, previously attributed to the CEO, necessary to ensure management stability and continuity. The Group also communicated that its Board of Directors would continue to carry out the CEO succession planning process, aimed at defining a stable and lasting executive leadership.