Telefônica Brasil S A : RECALCULATION OF THE AMOUNT OF INTEREST ON CAPITAL PER SHARE ANNOUNCED ON JUNE 14, 2022 - Form 6-K

RECALCULATION OF THE AMOUNT OF INTEREST ON CAPITAL PER SHARE

ANNOUNCED ON JUNE 14, 2022

Further to the Notice to Shareholders dated June 14, 2022, published in the edition of June 15, 2022 in the newspaper Valor Econômico, Telefônica Brasil S.A. ("Company") hereby informs its Shareholders that the values per share referring to the Interest on Capital ("IoC") deliberated by the Board of Directors on June 14, 2022 have been modified, in view of the acquisition of shares held in treasury under the Company's Share Buyback Program, as described in the table below:

From:

Type of Payment	Declaration Date	Shareholding Position	Gross Amount per Share (R$)	Withholding Income Tax (15%)	Net Amount per Share (R$)
Interest on Capital	06/14/2022	06/30/2022	0.28712558126	0.04306883718	0.24405674407

To:

Type of Payment	Declaration Date	Shareholding Position	Gross Amount per Share (R$)	Withholding Income Tax (15%)	Net Amount per Share (R$)
Interest on Capital	06/14/2022	06/30/2022	0.28731296499	0.04309694474	0.24421602024

The IoC will be paid individually to each shareholder, based on the shareholding position in the Company's records at the end of June 30, 2022. After this date, the shares will trade as "ex-interest". The Interest on Capital will be paid by July 31, 2023, and the Company's Executive Board is responsible for setting the exact date.

São Paulo, June 30, 2022.

David Melcon Sanchez-Friera

CFO and Investor Relations Officer

Telefônica Brasil - Investor Relations

E-mail: [e-mail]

www.telefonica.com.br/ri