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Telefônica Brasil board approves R$450M interest on capital distribution

VIVTelefonica Brasil S.A.

The Board of Directors approved a declaration of Interest on Capital (IoC) totaling R$450 million gross, or approximately R$371.25 million net of withholding income tax. The per-share amount is R$0.1408 gross and R$0.1162 net, based on shareholding records as of September 30, 2026. This distribution serves as the mandatory minimum dividend for the fiscal year ending December 31, 2026, subject to approval by shareholders at an Ordinary General Meeting in 2027. Payment is scheduled for no later than April 30, 2027. Telefônica Brasil operates telecommunications services in Brazil.

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