Telefônica Brasil sets R$350M interest on capital

Telefônica Brasil S.A. approved the declaration of interest on capital (IoC) based on the balance sheet as of July 31, 2026.

Rhea-AI Filing Summary

Telefônica Brasil S.A. approved the declaration of interest on capital (IoC) based on the balance sheet as of July 31, 2026. The IoC totals R$350,000,000.00 gross, equivalent to R$288,750,000.00 net after standard withholding income tax.

The IoC corresponds to a gross distribution of R$0.109525379992 per share, or R$0.090358438491 per share net, initially calculated using the July 31, 2026 shareholding position and subject to adjustment for the share buyback program. Shareholders of record at the end of August 26, 2026 will be entitled to the IoC, and shares will trade “ex-IoC” thereafter.

The net IoC amount will be allocated to the mandatory minimum dividend for the fiscal year ending December 31, 2026, subject to approval by the 2027 Ordinary General Meeting. Payment of the IoC will occur by April 30, 2027, with the exact date to be set by management.

Key Figures

Total IoC (gross): R$350,000,000.00 Total IoC (net): R$288,750,000.00 IoC per share (gross): R$0.109525379992 +3 more

6 metrics

Total IoC (gross) R$350,000,000.00 Interest on capital approved based on July 31, 2026 balance sheet

Total IoC (net) R$288,750,000.00 Net of withholding income tax at standard 17.5% rate

IoC per share (gross) R$0.109525379992 Gross interest on capital per share, initially based on July 31, 2026 holdings

IoC per share (net) R$0.090358438491 Net interest on capital per share after withholding tax

Record date for IoC entitlement August 26, 2026 Shareholding position at end of day determines IoC eligibility

Payment deadline for IoC April 30, 2027 Latest date for payment of approved interest on capital

Key Terms

interest on capital, withholding income tax, mandatory minimum dividend, ex-IoC

4 terms

interest on capital financial

"The proposal for a declaration of interest on capital by the Company"

Interest on capital is the cost a business pays for using money — either money it borrowed or funds provided by owners — and functions like rent paid for that capital. It matters to investors because higher interest payments reduce profits and cash available for dividends or growth, while lower interest costs leave more profit and improve company value; think of it as the price of fueling a company’s operations.

withholding income tax financial

"corresponding to R$288,750,000.00 net of withholding income tax"

mandatory minimum dividend financial

"allocated to the mandatory minimum dividend for fiscal year ending December 31, 2026"

ex-IoC financial

"After this date, the shares will be considered “ex-IoC”"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Telefônica Brasil (VIV) approve in its August 2026 board meeting?

Telefônica Brasil’s board approved the declaration of interest on capital (IoC) based on the July 31, 2026 balance sheet, totaling R$350,000,000.00 gross. This distribution will later be credited to eligible shareholders and counted toward the 2026 mandatory minimum dividend.

How much interest on capital is Telefônica Brasil (VIV) distributing in total?

Telefônica Brasil approved total IoC of R$350,000,000.00 gross, corresponding to R$288,750,000.00 net after standard withholding tax. These amounts are based on the company’s July 31, 2026 balance sheet for allocation to shareholders entitled on the record date.

What is the per-share interest on capital amount for Telefônica Brasil (VIV)?

The IoC corresponds to R$0.109525379992 per share gross and R$0.090358438491 per share net. These per-share values are calculated from the July 31, 2026 shareholding position and may change due to the ongoing share buyback program.

What is the record date for Telefônica Brasil (VIV) interest on capital?

Shareholders recorded in Telefônica Brasil’s books at the end of August 26, 2026 will be entitled to the IoC. After this date, the shares will trade “ex-IoC”, meaning new buyers will not receive this specific distribution.

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

Payment of the IoC will be made by April 30, 2027. The company’s management will define the exact payment date, and the net IoC will be allocated to the mandatory minimum dividend for 2026, subject to 2027 shareholders’ meeting approval.

How does the interest on capital affect Telefônica Brasil (VIV) dividends for 2026?

The net IoC amount of R$288,750,000.00 will be allocated to the mandatory minimum dividend for the fiscal year ending December 31, 2026. This allocation is subject to approval by the Ordinary General Meeting of Shareholders to be held in 2027.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 08/14/2026 - 05:47 PM EDT Learn about SEC filing dates

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 August, 2026

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
CNPJ No. 02.558.157/0001-62
NIRE 35.3.0015881-4

MINUTES OF THE 532nd MEETING OF THE BOARD OF DIRECTORS OF TELEFÔNICA BRASIL S.A., HELD ON AUGUST 14, 2026

1. DATE, TIME AND VENUE: On August 14, 2026, at 10:00 a.m. (São Paulo local time), held remotely, as provided for in Article 19, paragraph 1, of the Internal Regulations of the Board of Directors and the Technical and Consultant Committees ("Regulations") of Telefônica Brasil S.A. ("Company").

2. CALL NOTICE AND ATTENDANCE: The call notice was waived, given the presence of all members of the Board of Directors of the Company, who subscribe to these minutes, establishing, therefore, quorum according to Article 15, Paragraph 2 of the Company's Regulations for instating the meeting. The Company's General Secretary and Legal Officer, Mr. Breno Rodrigo Pacheco de Oliveira, also attended the meeting as Secretary.

3. PRESIDING BOARD: Eduardo Navarro de Carvalho – Chairman of the Board of Directors; Breno Rodrigo Pacheco de Oliveira – Meeting Secretary.

4. AGENDA AND RESOLUTION: After examining and discussing the matters on the Agenda, the present members of the Board of Directors unanimously decided as follows:

4.1. Proposal for the Declaration of Interest on Capital: The proposal for a declaration of interest on capital by the Company ("IoC") was approved, based on the balance sheet of July 31, 2026, in the gross amount of R$350,000,000.00, corresponding to R$288,750,000.00¹ net of withholding income tax. The gross amount of IoC per share is equivalent to R$0.10952537999², of which R$0.09035843849^{1, 2} net of income tax.

The IoC credit will be carried out individually to the shareholders, based on the shareholding position in the Company's records at the end of August 26, 2026. After this date, the shares will be considered “ex-IoC”.

¹ Considers the standard tax rate of 17.5%, which may vary due to international treaties, tax immunities and exemptions, countries with favorable taxation, and privileged tax regimes.

² Value per share calculated based on the shareholding position of July 31, 2026. Given the Company's Share Buyback Program in effect, the value per share may be subject to change, considering the Company's shareholding position to be verified on August 26, 2026.

TELEFÔNICA BRASIL S.A.

Publicly Held Company
CNPJ No. 02.558.157/0001-62
NIRE 35.3.0015881-4

MINUTES OF THE 532nd MEETING OF THE BOARD OF DIRECTORS OF TELEFÔNICA BRASIL S.A., HELD ON AUGUST 14, 2026

The net amount of the IoC will be allocated to the mandatory minimum dividend for fiscal year ending December 31, 2026, ad referendum to the Ordinary General Meeting of Shareholders of the Company to be held in 2027, and the payment of these proceeds will be made by April 30, 2027, with the Company's Management being responsible for setting the exact date.

5. CLOSING: There being no further matters to discuss, the Chairman of the Board of Directors adjourned the meeting, and these minutes were drawn up. São Paulo, August 14, 2026. (aa) Eduardo Navarro de Carvalho – Chairman of the Board of Directors; Andrea Capelo Pinheiro; Cesar Mascaraque Alonso; Christian Mauad Gebara; Cristina Presz Palmaka de Luca; Denise Soares dos Santos; Gregorio Martínez Garrido; Ignácio Maria Moreno Martínez; Jordi Gual Solé; Marc Xirau Trias; María Cristina Rotondo Urcola and Solange Sobral Targa. Meeting Secretary: Breno Rodrigo Pacheco de Oliveira.

I hereby certify that these minutes are a faithful copy of the minutes of the 532nd Meeting of the Board of Directors of Telefônica Brasil S.A., held on August 14, 2026, drawn up in the Company's book. This is a free English translation.

___________________________________________

Breno Rodrigo Pacheco de Oliveira

Meeting Secretary

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:	August 14, 2026		By:	/s/ João Pedro Carneiro
				Name:	João Pedro Carneiro
				Title:	Investor Relations Director