Telefônica Brasil proposes R$450M interest on capital

Under the proposal, the October 26, 2026 shareholding position sets IoC eligibility, and payment would be made by April 30, 2027.

Rhea-AI Filing Summary

Telefônica Brasil S.A. (VIV)'s Fiscal Council unanimously gave a favorable opinion to a proposal, to be submitted to the Board of Directors, to declare interest on capital (IoC) of R$450,000,000.00 gross and R$371,250,000.00 net of withholding income tax, based on the September 30, 2026 balance sheet.

The proposed per-share amounts are R$0.140818345702 gross and R$0.116175135201 net. They were calculated using the September 30, 2026 shareholding position; the per-share value may change based on the position to be verified October 26 under the Company's share buyback program. The net amount uses a standard 17.5% withholding income tax rate, which may vary under the stated tax circumstances.

Under the proposal, the shareholding position at the end of October 26, 2026, determines individual credits; shares would be considered ex-IoC after that date. The net amount would be allocated to the mandatory minimum dividend for the fiscal year ending December 31, 2026, ad referendum to the 2027 Ordinary General Meeting. Payment is to be made by April 30, 2027, with management setting the exact date.

Key Figures

Gross IoC: R$450,000,000.00 Net IoC: R$371,250,000.00 Gross IoC per share: R$0.140818345702 +4 more

7 metrics

Gross IoC R$450,000,000.00 Proposed amount based on the September 30, 2026 balance sheet

Net IoC R$371,250,000.00 Proposed amount after withholding income tax

Gross IoC per share R$0.140818345702 Calculated using the September 30, 2026 shareholding position

Net IoC per share R$0.116175135201 Calculated using the September 30, 2026 shareholding position

Standard withholding income tax rate 17.5% Rate considered for the net IoC amount; may vary under the stated tax circumstances

Shareholding position date October 26, 2026 Proposed basis for individual IoC credits

Payment deadline April 30, 2027 Proposed payment deadline

Key Terms

Interest on Capital, ex-IoC, mandatory minimum dividend, ad referendum, +1 more

5 terms

Interest on Capital financial

"declaration of Interest on Capital ("IoC")"

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.

ex-IoC financial

"shares will be considered "ex-IoC""

mandatory minimum dividend financial

"allocated to the mandatory minimum dividend"

ad referendum regulatory

"ad referendum to the Ordinary General Meeting"

withholding income tax financial

"net of withholding income tax"

FAQ

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

How much interest on capital is Telefônica Brasil (VIV) proposing?

The proposal is for R$450,000,000.00 gross and R$371,250,000.00 net of withholding income tax. It lists per-share amounts of R$0.140818345702 gross and R$0.116175135201 net.

What is the eligibility date and payment deadline for VIV's proposed IoC?

Shareholding positions in the Company's records at the end of October 26, 2026, would determine individual credits; shares would be considered ex-IoC after that date. Payment is to be made by April 30, 2027, with management setting the exact date.

What withholding tax rate is used for Telefônica Brasil's proposed IoC?

The net amount uses the standard withholding income tax rate of 17.5%. The stated rate may vary due to international treaties, tax immunities and exemptions, countries with favorable taxation, and privileged tax regimes.

How would Telefônica Brasil allocate the net IoC amount?

The proposal allocates the net IoC to the mandatory minimum dividend for the fiscal year ending December 31, 2026, ad referendum to the Ordinary General Meeting to be held in 2027.

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

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Available on EDGAR 10/14/2026 - 05:16 PM EDT Accepted by SEC EDGAR 10/14/2026 - 05:15 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 October, 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 268th FISCAL COUNCIL'S MEETING

OF TELEFÔNICA BRASIL S.A., HELD ON OCTOBER 13, 2026

1. DATE, TIME AND VENUE: On October 13, 2026, at 11:40 a.m. (São Paulo local time), held remotely, as provided for in Article 16, paragraph 1, of the Internal Rules of the Fiscal Council ("Rules") of Telefônica Brasil S.A. ("Company").

2. CALL NOTICE AND ATTENDANCE: The call notice was waived, given the presence of all members of the Company's Fiscal Council, who subscribe to these minutes, establishing quorum for the installation of the meeting, pursuant to Article 12, paragraph 2, of the Company's Rules. The Director of Corporate and Business Affairs, Ms. Nathalia Pereira Leite, was also present as Secretary of the Meeting.

3. AGENDA AND RESOLUTION: After reviewing and discussing the matter on the Agenda, the Fiscal Council members present at the meeting unanimously decided the following:

3.1. Proposal for the Declaration of Interest on Capital: The proposal for the declaration of Interest on Capital ("IoC") to be submitted to the Company's Board of Directors, was reviewed in the following terms:

"Proposal to declare IoC based on the balance sheet of September 30, 2026, in the gross amount of R$450,000,000.00, corresponding to R$371,250,000.00¹ net of withholding income tax. The gross amount of IoC per share is equivalent to R$0.14081834570², of which R$0.11617513520^{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 October 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 September 30, 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 October 26, 2026.

TELEFÔNICA BRASIL S.A.

Publicly Held Company

CNPJ No. 02.558.157/0001-62

NIRE 35.3.0015881-4

MINUTES OF THE 268th FISCAL COUNCIL'S MEETING

OF TELEFÔNICA BRASIL S.A., HELD ON OCTOBER 13, 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 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."

Unanimously, the members of the Fiscal Council presented a favorable opinion to the proposal, given that they consider it to be in accordance with the applicable legislation.

4. CLOSING: There being no further matter to discuss, the meeting was adjourned, and these minutes were drawn up. São Paulo, October 13, 2026.

Gabriela Soares Pedercini		Sergio Barcelos Dutra de Almeida
Luciana Doria Wilson		Nathalia Pereira Leite
		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:	October 14, 2026		By:	/s/ João Pedro Carneiro
				Name:	João Pedro Carneiro
				Title:	Investor Relations Director