January 14, 2019

Elliott Statement on Telecom Italia

MILAN & LONDON–(BUSINESS WIRE)–Elliott Advisors (UK) Limited, advises funds (together “Elliott”) that collectively are one of the largest shareholders in Telecom Italia (the “Company”, “TIM”). Elliott notes today’s decision by TIM’s Board to grant Vivendi S.A.’s (“Vivendi”) request for a vote upon the revocation of five Directors at the Company’s Annual General Meeting (“AGM”), to be held on 29 March 2019. Vivendi’s request represents its latest effort to take back control of TIM and run the

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