Telefônica Brasil S.A. - Board of Directors Meeting Minutes (June 15, 2026)

The Board of Directors of Telefônica Brasil S.A. convened on June 15, 2026, to approve the declaration of interest on capital (IoC) amounting to R$230,000,000.00 gross, or R$189,750,000.00 net of withholding income tax. This IoC is based on the May 31, 2026 balance sheet. Shareholders will receive R$0.071973821142 gross per share, or R$0.059378402441 net. The IoC will be credited to shareholders of record as of June 26, 2026, with shares trading ex-IoC thereafter. The net IoC will be allocated to the mandatory minimum dividend for the fiscal year ending December 31, 2026, subject to approval at the 2027 Ordinary General Meeting. Payment is scheduled by April 30, 2027, with the exact date to be determined by the Company's Management. The value per share may be adjusted due to the Company's Share Buyback Program.