Telefonica Brasil Files 6-K Report

TL;DR

Telefonica Brasil filed its 6-K, confirming 20-F annual report filing.

AI Summary

On December 18, 2024, TELEFÔNICA BRASIL S.A. filed a Form 6-K with the SEC, reporting for the month of December 2024. The company is a foreign private issuer and is submitting its report under Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934. The filing indicates that the company will file its annual reports under cover of Form 20-F.

Why It Matters

This filing provides routine updates for investors and regulators regarding Telefonica Brasil's status as a foreign private issuer. It confirms their reporting schedule and adherence to SEC regulations.

Risk Assessment

Risk Level: low — This is a routine administrative filing by a foreign private issuer and does not contain new financial or operational information that would typically impact risk.

Key Players & Entities

• TELEFÔNICA BRASIL S.A. (company) — Registrant
• 001-14475 (company) — Commission File Number
• 20241218 (date) — Filing Date
• December 2024 (date) — Reporting Period

FAQ

Filing Documents

• viv20241218_6k1.htm (6-K) — 26KB
• viv202412186k1_001.jpg (GRAPHIC) — 3KB
• 0001292814-24-004598.txt ( ) — 32KB

From the Filing

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 December, 2024 Commission File Number: 001-14475 TELEFNICA 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 Lus Carlos Berrini, 1376 - 28 andar So 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 X 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 No X 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 No X TELEFÔNICA BRASIL S.A. Publicly Held Company CNPJ No. 02.558.157/0001-62 - NIRE 35.3.0015881-4 MATERIAL FACT Telefônica Brasil S.A. (“ Company ”) (B3: VIVT3; NYSE: VIV), in the form and purposes of article 157, Paragraph 4, of Law No. 6,404 from December 15 th , 1976 (“ Corporation Law ”), and CVM Resolution No. 44 from August 23 rd , 2021, informs its shareholders and the market in general, in continuity to the Material Fact disclosed on November 05 th , that in an Extraordinary General Meeting held on this date (" EGM "), the proposal for the Company's capital reduction in the amount of R$ 2,000,000,000.00 (two billion reais), without the cancellation of shares, was approved, in accordance with article 173 of the Corporation Law, maintaining the number of shares and the percentage of shareholders' participation in the Company's share capital unchanged (" Reduction "). Consequently, the Company's share capital will be changed from R$ 62,071,415,865.09 to R$ 60,071,415,865.09. The Reduction will proceed with the restitution to the shareholders, in local currency, of the amount of R$ 1.22651176012 per common share issued by the Company, considering a total of 1,652,588,360 ordinary shares in which its share capital is divided, excluding 21,947,656 shares held in treasury on October 31 st , 2024. The value per share is calculated based on the shareholder position as of October 31 st , 2024, and, due to the Company's Share Buyback Program, this value may change, considering the Company's shareholding base to be verified on February 27 th , 2025. Thus, the shareholding position to be considered for receiving the resources resulting from the Reduction will be the one contained in the Company’s records at the end of February 27 th , 2025, and after said date, the shares issued by the Company will be considered ex-reimbursement rights. The resources resulting from the Reduction will be paid in a single installment, by July 31 st , 2025, on a date to be determined by the Company's Management, individually to each shareholder and in proportion to their respective participation in the Company's share capital, observing the settlement procedures established by B3 S.A. - Brasil, Bolsa, Balcão (" B3 ") and the bookkeeper institution of the Company's shares, as applicable. The Reduction will become effective after 60 (sixty) days from the publication of the minutes of the EGM, as provided for in article 174 of the Corporation Law. The Company will disclose, in due course, the documents and procedures to be delivered and observed by non-resident shareholders, for tax purposes, including with respect to any withholding income tax (" IRRF ") on capital gains derived from the Reduction. The Company will keep its shareholders and the market in general duly informed about the progress of the matter. São Paulo, December 18 th , 2024. David Melcon Sanchez-Friera CFO and Investor Relations Officer Telefônica Brasil - Investor Relations Email: ir.br@telefonica.com https:/ri.telefonica.com.br/en 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. TELEFNICA BRASIL S.A. Date: December 18, 2024 By: /s/ João Pedro Carneiro Name: João Pedro Carneiro Title: Investor Relations Director

View Full Filing

View this 6-K filing on SEC EDGAR