Telefônica Brasil proposes R$200M interest on capital

Telefônica Brasil reported that its Fiscal Council unanimously issued a favorable opinion on a proposal to declare interest on capital based on the February 28, 2026 balance sheet.

Rhea-AI Filing Summary

Telefônica Brasil reported that its Fiscal Council unanimously issued a favorable opinion on a proposal to declare interest on capital based on the February 28, 2026 balance sheet. The proposal calls for a gross IoC of R$200,000,000.00, equal to R$165,000,000.00 net of withholding income tax at the standard 17.5% rate.

The proposed IoC corresponds to a gross amount of R$0.062585931421 per share, or R$0.05163339342 per share net, initially calculated from the February 27, 2026 share position and subject to change due to the share buyback program. Shareholders of record at the end of March 25, 2026 would be entitled to the credit, with shares trading ex-IoC after that date. The net IoC would be included in the minimum mandatory dividend for the year ending December 31, 2026, subject to approval at the 2027 Ordinary General Meeting, and is scheduled for payment by April 30, 2027, with the Executive Board setting the exact payment date.

FAQ

What did Telefônica Brasil (VIV) announce in its March 2026 Form 6-K?

Telefônica Brasil’s Fiscal Council gave a unanimous favorable opinion on a proposal to declare interest on capital. The plan is based on the February 28, 2026 balance sheet and will still be evaluated by the Board of Directors and a future shareholders’ meeting.

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

The company is proposing gross interest on capital of R$200,000,000.00, equivalent to R$165,000,000.00 net of withholding income tax. The standard tax rate considered is 17.5%, which may vary depending on international treaties, tax immunities, exemptions, and special tax regimes.

What is the proposed Telefônica Brasil (VIV) interest on capital per share?

The proposal sets IoC at R$0.062585931421 per share gross, or R$0.05163339342 per share net. These values were calculated using the shareholding position on February 27, 2026 and may change because of the company’s ongoing share buyback program and the final March 25, 2026 share count.

Who will be entitled to Telefônica Brasil (VIV) interest on capital and when do shares trade ex-IoC?

Shareholders recorded in the company’s books at the end of March 25, 2026 will be entitled to the interest on capital. From the trading day after that date, shares will be considered “ex-IoC”, meaning new buyers will not receive this specific distribution.

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

The payment of the proposed interest on capital is scheduled to occur by April 30, 2027. The company’s Executive Board will determine the exact payment date, and the distribution is subject to ratification at the 2027 Ordinary General Meeting of shareholders.

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

The net amount of the interest on capital will be included in the minimum mandatory dividend for the fiscal year ending December 31, 2026. This inclusion is subject to approval by shareholders at the Ordinary General Meeting expected to be held in 2027.

How is the tax on Telefônica Brasil (VIV) interest on capital calculated?

The company used a 17.5% withholding income tax rate to derive the net IoC of R$165,000,000.00 from the R$200,000,000.00 gross amount. This standard rate may vary for some investors due to treaties, tax immunities, exemptions, or privileged tax regimes.

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Accepted by SEC EDGAR 03/13/2026 - 05:11 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 March, 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. Engº 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 258th FISCAL COUNCIL’S MEETING OF

TELEFÔNICA BRASIL S.A., HELD ON MARCH 13, 2026

1. DATE, TIME AND VENUE: On March 13, 2026, at 09:00 a.m. (São Paulo local time), held remotely, as provided for in Article 16, paragraph 1, of the Internal Reules 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 Board of Directors, who subscribe 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 examining and debating the matter in 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 February 28, 2026, in the gross amount of R$200,000,000.00, corresponding to R$165,000,000.00¹ net of withholding income tax. The gross amount of IoC per share is equivalent to R$0.062585931421, of which R$0.05163339342¹ 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 March 25, 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 February 27, 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 March 25, 2026.

TELEFÔNICA BRASIL S.A.

Publicly Held Company

CNPJ No. 02.558.157/0001-62

NIRE 35.3.0015881-4

MINUTES OF THE 258th FISCAL COUNCIL’S MEETING OF

TELEFÔNICA BRASIL S.A., HELD ON MARCH 13, 2026

The net amount of the IoC will be included in the minimum mandatory dividend for fiscal year ending December 31, 2026, ad referendum to the Ordinary General Meeting to be held in 2027, and the payment of this proceeds will be made by April 30, 2027, with the Company’s Executive Board 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, March 13, 2026.

Gabriela Soares Pedercini						Stael Prata Silva Filho
Luciana Doria Wilson						Nathalia Pereira Leite
						Meeting Secretary

SIGNATURES

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.

Date: March 13, 2026

			TELEFÔNICA BRASIL S.A.
			By:			/s/ João Pedro Carneiro
			Name:			João Pedro Carneiro
			Title:			Investor Relations Director