Telefônica Brasil S.A. announced on March 14, 2024, that it will distribute R$300 million in Interest on Capital to shareholders, resulting in a net amount of R$255 million after tax, based on the February 29, 2024 balance sheet. Shareholders will receive R$0.1543 per share, with payment scheduled by April 30, 2025, contingent on a future shareholders' meeting approval.