Telefônica Brasil (NYSE: VIV) to pay R$400,000,000 interest on capital

Rhea-AI Filing Summary

Telefônica Brasil S.A. declared interest on capital of R$400,000,000.00, based on the balance sheet of August 31, 2025. After 15% income tax withholding, shareholders will receive a total net amount of R$340,000,000.00. The declared gross amount per share is R$0.12477350287, with net per share of R$0.10605747744, initially calculated using the shareholding position of August 29, 2025.

This interest on capital will count toward the Company’s mandatory dividends for the fiscal year ending December 31, 2025, subject to approval at the 2026 ordinary shareholders’ meeting. Shareholders must be on record by the end of September 22, 2025 to be entitled, after which the shares will trade ex-interest on capital. Payment will be made by April 30, 2026, and the per-share amount may be adjusted to reflect share repurchases under the current buyback program.

Insights

Equity income analyst

Telefônica Brasil declares sizable interest-on-capital distribution for 2025.

Telefônica Brasil approved interest on capital totaling R$400,000,000.00, which functions similarly to a dividend under Brazilian rules. After a 15% withholding tax, the net amount to shareholders is R$340,000,000.00, with an indicated net per share of R$0.10605747744.

The distribution is based on the balance sheet as of August 31, 2025 and will be credited to holders of record at the end of September 22, 2025. It will be treated as part of the mandatory dividend for the fiscal year ending December 31, 2025, pending confirmation at the 2026 ordinary shareholders’ meeting. The company targets payment by April 30, 2026, and the final per-share amount may be adjusted for shares repurchased under the ongoing buyback program.

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of September, 2025

Commission File Number: 001-14475

TELEFÔNICA BRASIL S.A.
(Exact name of registrant as specified in its charter)

TELEFONICA BRAZIL S.A. (Translation of registrant’s name into English)

Av. Eng° Luís Carlos Berrini, 1376 -  28º andar
São Paulo, S.P.
Federative Republic of Brazil
(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

Form 20-F X Form 40-F

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):

Yes No X 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):

Yes No X 

TELEFÔNICA BRASIL S.A.

Publicly Held Company

Corporate Taxpayer’s ID (CNPJ) 02.558.157/0001-62

Company Registry (NIRE) 35.3.001.5881-4

NOTICE TO SHAREHOLDERS

DELIBERATION OF INTEREST ON CAPITAL

Telefônica Brasil S.A. (“Company”) communicates its Shareholders that its Board of Directors, at a meeting held on September 11, 2025, approved the declaration of Interest on Capital (“IoC”), pursuant to Article 26 of the Company’s Bylaws, Article 9 of Law 9,249/95 and CVM Resolution 143/2022, in the gross amount of R$400,000,000.00 (four hundred million reais), withholding income tax at the rate of 15%, resulting in the net amount of R$340,000,000.00 (three hundred and forty million reais), based on the balance sheet of August 31, 2025. The amount per share is described in the table below:

Type of Payment	Declaration Date	Shareholding Position	Gross Amount per Share (R$)¹	Withholding Income Tax (15%)	Net Amount per Share (R$)¹
Interest on Capital	09/11/2025	09/22/2025	0.12477350287	0.01871602543	0.10605747744

¹ Amount per share calculated based on the shareholding position of August 29, 2025.

As established in the article 26 of the Company’s Bylaws, said IoC will be considered as part of the mandatory dividends for the fiscal year ending on December 31, 2025, ad referendum of the Ordinary General Shareholders’ Meeting to be held in 2026.

The IoC will be paid individually to each shareholder, based on the shareholding position in the Company’s records at the end of September 22, 2025. After this date, the shares will trade as “ex-IoC”. The payment of these proceeds will be made by April 30, 2026, with the Company’s Executive Board being responsible for setting the exact date.

The amount per share of Interest on Capital may be adjusted according to the Company’s shareholding base on September 22, 2025, due to possible acquisitions of shares under the current Company's Share Buyback Program.

TELEFÔNICA BRASIL S.A.

Publicly Held Company

Corporate Taxpayer’s ID (CNPJ) 02.558.157/0001-62

Company Registry (NIRE) 35.3.001.5881-4

Shareholders who are immune to or exempt from income tax, in accordance with the current legislation, must prove such conditions by September 29, 2025, to the Shares and Custody Department of Banco Bradesco S.A., the depositary institution of the Company’s book-entry shares, located at Cidade de Deus, s/n, Prédio Amarelo Velho, subsolo – Vila Yara – Zip Code: 06029-900 – Osasco – SP.

São Paulo, September 11, 2025.

David Melcon Sanchez-Friera

CFO and Investor Relations Officer

Telefônica Brasil – Investor Relations

Email: ir.br@telefonica.com

https://ri.telefonica.com.br/en

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

			TELEFÔNICA BRASIL S.A.
Date:	September 11, 2025		By:	/s/ João Pedro Carneiro
				Name:	João Pedro Carneiro
				Title:	Investor Relations Director

FAQ

What did Telefônica Brasil (VIV) announce in this Form 6-K?

Telefônica Brasil S.A. announced that its Board of Directors approved the declaration of Interest on Capital totaling R$400,000,000.00, to be distributed to shareholders.

How much will Telefônica Brasil (VIV) shareholders receive per share in interest on capital?

The declared gross amount per share is R$0.12477350287, with income tax withholding of R$0.01871602543 per share, resulting in a net amount per share of R$0.10605747744, initially calculated based on the shareholding position of August 29, 2025.

What are the record date and ex-date for Telefônica Brasil (VIV) interest on capital?

Shareholders must be on record at the end of September 22, 2025 to receive the interest on capital. After this date, Telefônica Brasil shares will trade as ex-IoC.

When will Telefônica Brasil (VIV) pay the declared interest on capital?

The proceeds will be paid by April 30, 2026, with the exact payment date to be set by the Company’s Executive Board.

How will this interest on capital affect Telefônica Brasil (VIV) dividends for 2025?

According to the Company’s bylaws, the interest on capital will be considered part of mandatory dividends for the fiscal year ending December 31, 2025, subject to approval at the 2026 ordinary shareholders’ meeting.

Can Telefônica Brasil (VIV) adjust the per-share IoC amount after declaration?

Yes. The Company states that the per-share interest on capital may be adjusted based on the shareholding base on September 22, 2025, reflecting potential share acquisitions under its current share buyback program.

What must tax-exempt Telefônica Brasil (VIV) shareholders do regarding this payment?

Shareholders who are immune or exempt from income tax must prove this status by September 29, 2025 to Banco Bradesco S.A., the depositary institution for the Company’s book-entry shares.