How much Interest on Capital per share will Telefônica Brasil (VIV) pay?

The approved Interest on Capital equals R$0.18775779427 per share gross and R$0.15490018027 per share net of income tax. These figures were calculated using the shareholding position on April 30, 2026 and may change due to the ongoing share buyback program.

How does Telefônica Brasil’s (VIV) share buyback program affect the IoC per share?

The IoC per share was initially calculated using the April 30, 2026 shareholding position. Because Telefônica Brasil has a share buyback program in effect, the final IoC per-share amount may change based on the shareholding position verified on May 27, 2026.

Telefônica Brasil (NYSE: VIV) declares R$600M Interest on Capital

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

6-K

Rhea-AI Filing Summary

Telefônica Brasil S.A. approved a proposal to declare Interest on Capital (IoC) of R$600,000,000.00 based on the balance sheet of April 30, 2026. This corresponds to R$495,000,000.00 net of withholding income tax and will count toward the mandatory minimum dividend for the fiscal year ending December 31, 2026.

The IoC equals R$0.18775779427 per share gross and R$0.15490018027 per share net, initially calculated from the shareholding position on April 30, 2026. Shareholders recorded at the end of May 27, 2026 will be entitled to the IoC, and payment will be made by April 30, 2027, with the exact date to be set by management.

Key Figures

Interest on Capital gross: R$600,000,000.00 Interest on Capital net: R$495,000,000.00 IoC per share gross: R$0.18775779427 per share +4 more

7 metrics

Interest on Capital gross R$600,000,000.00 Based on balance sheet of April 30, 2026

Interest on Capital net R$495,000,000.00 After withholding income tax

IoC per share gross R$0.18775779427 per share Calculated from April 30, 2026 shareholding

IoC per share net R$0.15490018027 per share Net of income tax, initial calculation

Withholding tax rate assumption 17.5% Standard rate; may vary by treaties and exemptions

Record date May 27, 2026 Shareholders entitled to IoC based on this date

Latest payment date April 30, 2027 IoC payment deadline; exact date set by management

Key Terms

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

5 terms

Interest on Capital financial

"The proposal for the declaration of Interest on Capital (“IoC”) to be submitted"

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$495,000,000.00 net of withholding income tax"

mandatory minimum dividend financial

"The net amount of the IoC will be allocated to the mandatory minimum dividend"

ex-IoC financial

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

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

05/15/2026 - 05:21 PM

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 May, 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

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

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

TELEFÔNICA BRASIL S.A.

Publicly Held Company

CNPJ No. 02.558.157/0001-62

NIRE 35.3.0015881-4

MINUTES OF THE 261st FISCAL COUNCIL’S MEETING OF

TELEFÔNICA BRASIL S.A., HELD ON MAY 14, 2026

1.	DATE, TIME AND VENUE: On May 14, 2026, at 11:15 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”).

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 April 30, 2026, in the gross amount of R$600,000,000.00, corresponding to R$495,000,000.00^[1] net of withholding income tax. The gross amount of IoC per share is equivalent to R$0.18775779427 ^[2], of which R$0.15490018027 ^[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 May 27, 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 April 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 May 27, 2026.

TELEFÔNICA BRASIL S.A.

Publicly Held Company

CNPJ No. 02.558.157/0001-62

NIRE 35.3.0015881-4

MINUTES OF THE 261st FISCAL COUNCIL’S MEETING OF

TELEFÔNICA BRASIL S.A., HELD ON MAY 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 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, May 14, 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:	May 15, 2026	By:	/s/ João Pedro Carneiro
			Name:	João Pedro Carneiro
			Title:	Investor Relations Director

Source: View Original Filing on SEC EDGAR

FAQ

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

Telefônica Brasil approved Interest on Capital of R$600,000,000.00, based on its April 30, 2026 balance sheet. This amount equals R$495,000,000.00 net of withholding income tax and will be allocated to the mandatory minimum dividend for the 2026 fiscal year.

What is the shareholder record date for Telefônica Brasil (VIV) Interest on Capital?

Shareholders of Telefônica Brasil recorded at the end of May 27, 2026 will be entitled to receive the Interest on Capital. From May 28, 2026 onward, shares will trade ex-IoC, meaning new buyers after that date will not receive this specific distribution.

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

Telefônica Brasil plans to pay the Interest on Capital by April 30, 2027. The company’s management will later define the exact payment date, and the amount will be considered part of the mandatory minimum dividend for the 2026 fiscal year.

How is withholding income tax applied to Telefônica Brasil (VIV) Interest on Capital?

The net Interest on Capital assumes a standard withholding income tax rate of 17.5%. This rate can vary due to international treaties, tax immunities, exemptions, countries with favorable taxation, or privileged tax regimes that may apply to specific shareholders’ situations.