Polydispersed Ag species-modified TiO2 samples with abundant oxygen vacancies were successfully prepared through the calcination of atomically precise Ag33 nanocluster-loaded TiO2 at an optimal temperature under a nitrogen atmosphere. The ligands of the Ag33 nanoclusters are removed by extracting lattice oxygen from TiO2 during the calcination, leading to the formation of CO2, SO2, and H2O vapor. This process simultaneously induces Ag species sintering on the surface of TiO2. The resulting nanocomposites exhibited excellent catalytic activity for the reduction of nitroarenes with NaBH4 as the reductant. This is attributed to the produced Ag species on the oxygen-deficient TiO2, which act as active centers for the catalytic process.