Telefônica Brasil S A : Call for Notice for Ordinary Shareholders Meeting 2020

TELEFÔNICA BRASIL S.A.

Publicly-held Company

CNPJ/MF 02.558.157/0001-62 - NIRE 35.3.0015881-4

Ordinary Shareholders' Meeting

CALL NOTICE

The Shareholders of Telefônica Brasil S.A. ("Company") are hereby called to the Ordinary Shareholders' Meeting ("Meeting") to be held at 11:00 a.m. on April 8, 2020, at the Company's head office, located at Avenida Eng. Luiz Carlos Berrini, 1376, 20th floor, auditorium, Cidade Monções neighborhood, in the Capital of the State of São Paulo, to resolve on the following agenda:

1. Examine the management's accounts, analyze, discuss and vote on the Company's Financial Statements, alongside with the Management Report, Independent Auditors' Report and Audit Committee's Opinion related to the fiscal year ended on December 31, 2019;
2. Resolve on the Company's proposal for capital budget for the fiscal year ending December 31, 2020, pursuant to Article 196 of Law 6,404/76, as amended ("Corporations Law");
3. Resolve on the profitability allocation for the fiscal year ended December 31, 2019 and on the distribution of dividends to the shareholders of the Company;
4. Ratify the election of the director elected at the Board of Directors' Meeting held on June 10, 2019, under the terms of the Corporations Law;
5. Ratify the election of the director elected at the Board of Directors' Meeting held on February 21, 2020, under the terms of the Corporations Law;
6. Elect the members of the Fiscal Board for a new term; and
7. Set the amount of the global annual remuneration for the administrators and members of the Fiscal Board for the fiscal year 2020.

General Instructions:

1. In accordance with Article 12 of the Bylaws:

• May only participate and vote at the Shareholders' Meeting the shareholders whose shares are registered in their name in the records of the depositary institution, up to 72 (seventy two) hours before the date appointed for the respective Meeting; and
• The shareholders must also present, up to 72 hours prior to the Meeting's date, a physical extract containing the respective shareholding position, issued by the custodian body, in accordance with the Shareholders' Meeting Manual.

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1. The shareholder's participation may be personal, by legally constituted attorney/ legal representative or via a remote vote bulletin, and detailed guidance on the documentation required in each case is mentioned in the Shareholders' Meeting Manual:

• Personal: If the shareholder chooses to participate personally in the Meeting, the shareholder must attend the Meeting with a document proving their identity (identity card and CPF).
• Representation in the Meeting by Attorneys/Legal Representative: In order to confer more celerity and efficiency to the work of the Shareholders' Meeting, in accordance with the provisions of paragraph 2 of article 12 of the Bylaws, in case the shareholder chooses to exercise its right to vote in the Meeting through an attorney or legal representative, as the case may be, the Company hereby informs that the representation and documentation mandates described in the Shareholders' Meeting Manual shall be deposited at the Company's headquarters at Avenida Engenheiro Luiz Carlos Berrini, 1376, 17º andar, CEP 04571-936, Cidade Monções, in the Capital of the State of São Paulo, to the attention of the Investor Relations Office, on business days, from Monday to Friday, from 9:00 am to 6:00 pm, up to 72 (seventy-two) hours before the date designated for the Meeting.
• Remote Vote Bulletin: If the shareholder chooses to exercise his right to vote remotely, pursuant to CVM Instruction 481/09, as amended ("ICVM 481"), he/she may send the vote bulletin through his/her respective custody agent, through the Company's custody agent (Banco Bradesco S.A.) or directly to the Company, according to the guidelines contained in the Shareholders' Meeting Manual and in the remote vote bulletin.

1. The documents listed in Article 133 of the Law of Corporations were published in Valor Econômico and Official Gazette of the State of São Paulo on February 19, 2020.
2. All documents related to the agenda are available to shareholders at the Company's head office, and may also be found on the websites of the Brazilian Securities Commission - CVM (www.cvm.gov.br), B3 S.A. - Brasil, Bolsa, Balcão (www.b3.com.br) and the Company's website (www.telefonica.com.br/ir), in accordance with the provisions of the Law of Corporations and CVM Instruction no. 481/2009, as amended.

São Paulo, March 5, 2020.

Eduardo Navarro de Carvalho

Chairman of the Board of Directors

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