Telefônica Brasil S A : MINUTES OF THE 401st BOARD OF DIRECTORS’ MEETING OF TELEFÔNICA BRASIL S.A. HELD ON JUNE 17, 2021 (Form 6-K)

MINUTES OF THE 401st BOARD OF DIRECTORS' MEETING OF TELEFÔNICA BRASIL S.A. HELD ON JUNE 17, 2021

1.DATE, TIME AND VENUE:On June 17 (seventeen), 2021, at 1:00 p.m.,exceptionally, due to the COVID-19 pandemic, held remotely, as provided in the Article 19, paragraph 1 of the Internal Rules of the Board of Directors and the Technical and Advisory Committees ('Rules') of Telefônica Brasil S.A. ('Company').

2.CALL NOTICE AND ATTENDANCE: The call was waived given the presence of all members of the Board of Directors, who subscribe these minutes, pursuant to the article 15, paragraph 2 of the Company's Bylaws, and therefore constituting a quorum in accordance with the Bylaws. The General-Secretary and Legal Officer, Mr. Breno Rodrigo Pacheco de Oliveira, also attended the meeting as Secretary.

3.PRESIDING: Eduardo Navarro de Carvalho - Chairman of the Board of Directors; Breno Rodrigo Pacheco de Oliveira - Secretary.

4.	AGENDA AND RESOLUTION: After examining and deliberating on the matter on the Agenda, the members of the Board of Directors unanimously decided as follows:

4.1. Statement of Interest on Capital: The proposal to state interest on capital ('IoC') based on the balance sheet as of May 31, 2021, in the gross amount of R$630,000,000.00, corresponding to R$535,500,000.00 net of withholding income tax, was approved. The interest per share is equivalent to R$0.37390025008 per common share (R$0.31781521257 net of income tax).

The IoC shall be credited individually to the shareholders, in accordance with the shareholding position in the Company's records at the end of June 30, 2021. After this date the shares will be considered 'ex-interests'.

The IoC will be included in the minimum required dividend for the fiscal year of 2021 'ad referendum' of the General Shareholders' Meeting to be held in 2022, and the payment will be made until July 31, 2022, the date tobe set by the Company's Board of Directors.

1

TELEFÔNICA BRASIL S.A.

Publicly Held Company

Corporate Taxpayer's ID (CNPJ/MF): 02.558.157/0001-62

Company Registry (NIRE): 35.3.0015881-4

MINUTES OF THE 401st BOARD OF DIRECTORS' MEETING OF TELEFÔNICA BRASIL S.A. HELD ON JUNE 17, 2021

5.CLOSURE: There being no further matters to discuss, the Chairman stated that the meeting was adjourned and these minutes were drawn up. São Paulo, June 17, 2021. (aa) Eduardo Navarro de Carvalho - Chairman of the Board of Directors. Board Members: Ana Theresa Masetti Borsari; Antonio Carlos Valente da Silva; Christian Mauad Gebara; Claudia Maria Costin; Francisco Javier de Paz Mancho; José María Del Rey Osorio; Juan Carlos Ros Brugueras; Julio Esteban Linares Lopez; Luiz Fernando Furlan; Narcís Serra Serra e Sonia Julia Sulzbeck Villalobos. Secretary: Breno Rodrigo Pacheco de Oliveira.

6.

This is a free English translation of the Minutes of the 401^st Board of Directors' Meeting of Telefônica Brasil S.A., held on June 17, 2021, drawn up in the Company's book.

Breno Rodrigo Pacheco de Oliveira

Secretary

2