Telefônica Brasil Fiscal Council Approves R$230M Interest on Capital Distribution

Telefônica Brasil S.A. filed a Form 6-K reporting that its Fiscal Council held a meeting on June 12, 2026, where members unanimously approved a proposal to declare Interest on Capital (IoC) in the gross amount of R$230,000,000.00 (approximately R$189,750,000.00 net of withholding tax). The distribution is based on the balance sheet as of May 31, 2026, with a gross amount per share of R$0.071973821142. The IoC will be credited to shareholders based on their shareholding position as of June 26, 2026, after which shares will trade ex-IoC. The net amount will be allocated to the mandatory minimum dividend for fiscal year 2026, with payment scheduled by April 30, 2027, subject to approval at the 2027 Ordinary General Meeting. The Fiscal Council determined the proposal complies with applicable legislation.