Approval of the strategy of TIM S.A. for further years

Date

2022-05-18

Current report no.

11/2022

 

TIM S.A. based in Wrocław ”TIM S.A.”, the “Company” announces that on 18 May 2022, the Management Board of TIM S.A. approved the new strategy of TIM S.A. for further years ”Strategy”. The approved assumptions and objectives of the Strategy are shown in the presentation enclosed hereto. 
The main objective of the Strategy is further development of the B2B e-commerce platform, focused especially on the needs and expectations of professionals in the electronic engineering industry and achievement by 2026 of annual revenues for the Company of at least 3 billion PLN and EBiTDA of at least 250 billion PLN. 
The Company also announces that the approved objectives and assumptions in the Strategy are not forecasts or estimations of results, including financial results and they concern only directions of operations in the coming years. 
The approved Strategy will be regularly verified by the Management Board of TIM S.A.
SIGNATURES OF PERSONS REPRESENTING THE COMPANY
2022-05-18, Krzysztof Folta – President of the Board
2022-05-18, Piotr Tokarczuk – Member of the Board
ATTACHMENT (Polish only)
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Strategia TIM 2022+
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