Telefônica Brasil (NYSE: VIV) lines up R$350M payout — who gets it?

Rhea-AI Filing Summary

Telefônica Brasil S.A. (VIV) announced that its Board of Directors approved the declaration of Interest on Capital (IoC) based on the balance sheet of July 31, 2026. The gross IoC totals R$350,000,000.00, with income tax withheld at 17.5%, resulting in a net distribution of R$288,750,000.00. The declared IoC corresponds to a gross amount of R$0.10952537999 per share and a net amount of R$0.09035843849 per share, initially calculated using the shareholding position of July 31, 2026.

The IoC will be considered part of the Company’s mandatory dividends for the fiscal year ending December 31, 2026, subject to approval at the Ordinary General Shareholders’ Meeting in 2027. Shareholders of record at the end of August 26, 2026 will be entitled to receive the IoC, and after this date the shares will trade “ex-IoC.” Payment will be made by April 30, 2027, on a date to be set by the Executive Board, and the per-share amount may be adjusted depending on share repurchases under the ongoing Share Buyback Program.

Key Figures

Gross Interest on Capital: R$350,000,000.00 Net Interest on Capital: R$288,750,000.00 IoC gross amount per share: R$0.10952537999 +5 more

8 metrics

Gross Interest on Capital R$350,000,000.00 IoC declared based on balance sheet of July 31, 2026

Net Interest on Capital R$288,750,000.00 Gross IoC after 17.5% withholding income tax

IoC gross amount per share R$0.10952537999 Per-share IoC before withholding tax

IoC net amount per share R$0.09035843849 Per-share IoC after 17.5% withholding tax

Withholding income tax rate 17.5% Standard tax rate applied to IoC, subject to treaties and exemptions

Shareholding position for entitlement August 26, 2026 Record date determining shareholders eligible for IoC

Payment deadline April 30, 2027 Latest date for IoC payment, exact date to be set by Executive Board

Documentation deadline for special tax status September 2, 2026 Deadline to prove differentiated withholding tax status to Banco Bradesco S.A.

Key Terms

Interest on Capital, mandatory dividends, Share Buyback Program, withholding income tax, +1 more

5 terms

Interest on Capital financial

"approved the 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.

mandatory dividends financial

"IoC will be considered as part of the mandatory dividends"

Share Buyback Program financial

"possible acquisitions of shares under the Company’s ongoing Share Buyback Program"

A share buyback program is when a company uses its cash to repurchase its own outstanding shares from the market, reducing the number of shares available to investors. That matters because it can raise the value of remaining shares and signal management's confidence in the business—similar to a bakery buying back unsold loafs to make each remaining loaf represent a larger share of its oven’s output—though buybacks can also affect cash available for other uses.

withholding income tax financial

"withholding income tax at the rate of 17.5%"

book-entry shares financial

"depositary institution of the Company’s book-entry shares"

Shares recorded electronically on a central register or in brokerage accounts instead of being issued as paper certificates; ownership is shown as entries in a ledger much like a bank account record. This matters to investors because it makes buying, selling, dividend payments and voting simpler and faster, reduces the risk of lost certificates, and determines how ownership is tracked for corporate actions and legal rights.

FAQ

What Interest on Capital did Telefônica Brasil (VIV) approve in August 2026?

Telefônica Brasil approved R$350,000,000.00 in gross Interest on Capital, with net proceeds of R$288,750,000.00 after 17.5% withholding tax, based on the balance sheet dated July 31, 2026.

What is the per-share Interest on Capital amount for Telefônica Brasil (VIV)?

The declared IoC equals a gross R$0.10952537999 per share and a net R$0.09035843849 per share, initially calculated from the shareholding position as of July 31, 2026.

What are the record and ex-IoC dates for Telefônica Brasil (VIV) IoC distribution?

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

When will Telefônica Brasil (VIV) pay the approved Interest on Capital?

Payment of the approved IoC will occur by April 30, 2027. The Company’s Executive Board will set the exact payment date, and the IoC will count toward mandatory dividends for the 2026 fiscal year.

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

The IoC per-share amount may be adjusted based on the shareholding base on August 26, 2026 if share repurchases occur under the ongoing Share Buyback Program, with any recalculated amount disclosed in a Notice to the Market.

How are Telefônica Brasil (VIV) shareholders with special tax status treated for IoC?

Shareholders with differentiated withholding income tax, exemptions, or immunity must prove their status by September 2, 2026 to Banco Bradesco S.A., which keeps the Company’s book-entry share records.

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

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Form 6-K: How Foreign Companies Report to the SEC →

Available on EDGAR 08/17/2026 - 06:03 AM Accepted by SEC EDGAR 08/14/2026 - 05:44 PM 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

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 to its Shareholders that its Board of Directors, at a meeting held on August 14, 2026, 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$350,000,000.00 (three hundred and fifty million reais), withholding income tax at the rate of 17.5%, resulting in a net amount of R$288,750,000.00 (two hundred and eighty-eight million, seven hundred and fifty thousand reais)^[1], based on the balance sheet of July 31, 2026. The amount per share is described in the table below:

Type of Payment	Declaration Date	Shareholding Position	Gross Amount per Share (R$)2	Withholding Income Tax (17.5%)¹	Net Amount per Share (R$)1,2
Interest on Capital	08/14/2026	08/26/2026	0.10952537999	0.01916694150	0.09035843849

As established in 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, 2026, ad referendum of the Ordinary General Shareholders’ Meeting to be held in 2027.

The IoC will be paid individually to each shareholder, based on the shareholding position in the Company’s records at the end of August 26, 2026. After this date, the shares will trade as “ex-IoC”. The payment of these proceeds will be made by April 30, 2027, with the Company’s Executive Board being responsible for setting the exact date.

The amount per share of the IoC may be adjusted considering the Company’s shareholding base on August 26, 2026, due to possible acquisitions of shares under the Company’s ongoing Share Buyback Program. In the event of share repurchases, the Company will disclose a Notice to the Market informing the recalculated amount per share. If no share repurchases occur during the respective period, the information contained in this Notice shall remain valid, and no additional Notice to the Market will be issued to confirm the amount per share.

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 Amount per share calculated based on the shareholding position of July 31, 2026.

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 subject to a differentiated withholding income tax (IRRF) regime based on international agreements and treaties, as well as shareholders that are exempt or immune, must provide evidence of such status, in accordance with current legislation, by September 2, 2026, 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, August 14, 2026.

Rodrigo Rossi Monari

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