NOTICE TO THE MARKET

CONFIRMATION OF THE AMOUNT OF INTEREST ON CAPITAL DELIBERATED ON JUNE 17, 2021

Continuing the Notice to Shareholders of June 17, 2021, published in the editions of June 18, 2021 of the newspaper Diário Oficial do Estado de São Paulo and of the newspaper Valor Econômico, Telefônica Brasil S.A. ('Company') announces to its shareholders that there were no acquisitions, divestitures or cancellations of shares held in treasury under the Company's Share Buyback Program. Thus, the amounts per share for the Interest on Capital deliberated by the Board of Directors on June 17, 2021 remain unchanged as described in the table below:

Type of Payment Declaration Date Shareholding Position Gross Amount per Share (R$)

Withholding Income Tax

(15%)

Net Amount per Share (R$)

Interest on Capital

06/17/2021 06/30/2021 0.37390025008 0.05608503751 0.31781521257

The credit of Interest on Capital will be made on individual basis for each shareholder, in accordance to the shareholder registry book position by the end of the day, on June 30, 2021. After this date, the shares will be considered as 'ex-Interest on Capital'. The payment of this proceeds will be made until July 31, 2022, in a date to be defined by the Company's Executive Board.

São Paulo, June 30, 2021.

David Melcon Sanchez-Friera

CFO and Investor Relations Officer

Telefônica Brasil - Investor Relations

Tel: +55 11 3430-3687

E-mail: ir.br@telefonica.com

www.telefonica.com.br/ri

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Telefônica Brasil SA published this content on 30 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 June 2021 20:43:40 UTC.