# EDGAR Filing Document

**Accession Number:** 0001066119
**File Stem:** 0001292814-23-000465
**Filing Date:** 2023-2
**Character Count:** 7146
**Document Hash:** a27cad4c44a49b3e764fd52ed0051561
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001292814-23-000465.hdr.sgml**: 20230215

**ACCESSION NUMBER**: 0001292814-23-000465

**CONFORMED SUBMISSION TYPE**: 6-K

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20230331

**FILED AS OF DATE**: 20230215

**DATE AS OF CHANGE**: 20230215

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** TELEFONICA BRASIL S.A.
- **CENTRAL INDEX KEY:** 0001066119
- **STANDARD INDUSTRIAL CLASSIFICATION:** TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813]
- **IRS NUMBER:** 000000000

**FILING VALUES:**
- **FORM TYPE:** 6-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-14475
- **FILM NUMBER:** 23635938

**BUSINESS ADDRESS:**
- **STREET 1:** AVENIDA ENGENHEIRO LUIS CARLOS BERRINI,
- **STREET 2:** 1376, CIDADE MONCOES
- **CITY:** SAO PAULO-SP
- **STATE:** D5
- **ZIP:** 04571-936
- **BUSINESS PHONE:** 55 11 3430-3687

**MAIL ADDRESS:**
- **STREET 1:** AVENIDA ENGENHEIRO LUIS CARLOS BERRINI,
- **STREET 2:** 1376, CIDADE MONCOES
- **CITY:** SAO PAULO-SP
- **STATE:** D5
- **ZIP:** 04571-936

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** TELESP HOLDING CO
- **DATE OF NAME CHANGE:** 20051028

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** TELESP PARTICIPACOES SA
- **DATE OF NAME CHANGE:** 19980716

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**UNITED STATES<br>SECURITIES AND EXCHANGE COMMISSION<br>Washington, D.C. 20549<br>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 February, 2023**

**Commission File Number: 001-14475**

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**TELEFÔNICA BRASIL S.A.** <br> **(Exact name of registrant as specified in its charter)** 

**TELEFONICA BRAZIL S.A.** <br>**(Translation of registrant's name into English)**

**Av. Eng° Luís Carlos Berrini, 1376 - 28º andar**<br> **São Paulo, S.P.** <br> **Federative Republic of Brazil**<br> (Address of principal executive office)

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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 <u> X</u> 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):

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| Yes  | No | X <br>|

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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):

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| Yes  | No | X <br>|

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![](viv202302156k1_001.jpg)

**TELEFÔNICA BRASIL S.A.**

Publicly Held Company

CNPJ 02.558.157/0001-62 – NIRE 35.3.0015881-4

**MATERIAL FACT**

Telefônica Brasil S.A. ("<u>Company</u>"), in the form and for the purposes of Article 157, paragraph 4, of Law 6404/76 and pursuant to CVM Resolution No. 44/2021 ("<u>Resolution 44</u>"), hereby informs the following:

Pursuant to article 15, item XV of the Bylaws and the CVM Instruction No. 77/2022 ("<u>Resolution 77</u>"), the Board of Directors approved on this date, **(i)** the cancellation of 13,381,540 common, registered, book-entry shares with no par value, held in the Company's treasury and **(ii)** a new Share Buyback Program for the acquisition of shares issued by the Company ("<u>Program</u>"), which will only come into force as of February 23, 2023, that is, after the end of the Share Buyback Program currently in force, aiming at the acquisition of shares issued by the Company for subsequent cancellation, sale or holding in treasury, as follows:

**(i) Program Objective:** acquisition of common shares issued by the Company for subsequent cancellation, sale or holding in treasury, with no capital reduction, for the purpose of increasing shareholder value through the efficient application of available cash, optimizing the Company's capital allocation.

**(ii) Resources:** the share buybacks will be carried out through the use of resources available under the terms of article 8, paragraph 1, of Resolution 77, such as profit reserves, capital reserves and results as realized in the fiscal year in progress. The maximum amount to be used in the Program is R$500 million;

**(iii) Deadline:** beginning on February 23, 2023 (day following the end date of the Share Buyback Program currently in force) up to February 22, 2024;

**(iv) Price and Acquisition Method:** The acquisitions shall be made in the Stock Exchange (B3 – Brasil, Bolsa e Balcão), at market prices, and it is up to the Company's management to decide the moment and number of shares to be acquired, observing the limits foreseen in the Program and in the applicable regulation;

![](viv202302156k1_001.jpg)

**TELEFÔNICA BRASIL S.A.**

Publicly Held Company

CNPJ 02.558.157/0001-62 – NIRE 35.3.0015881-4

**(v) Company's Capital stock:** The Company's capital stock currently comprises 1,663,556,731 common shares, already considering the cancellation of shares approved by its Board of Directors on February 15<sup>th</sup>, 2023;

**(vi) Number of Shares to be acquired:** up to a maximum of 40,550,121 common shares;

**(vii) Number of Outstanding Shares:** 419,289,206 common shares, pursuant to the article 1, sole paragraph, item I, of Resolution 77; and

**(viii) Intermediary Financial Institutions:** The operation will be performed through the following financial institutions: (i) Bradesco Corretora S.A. CTVM, headquartered at Av. Paulista, 1.450, 7<sup>th</sup> floor – São Paulo/SP, (ii) BTG Pactual Corretora de Títulos e Valores Mobiliários S.A., headquartered at Av. Brigadeiro Faria Lima, 3.477 - São Paulo/SP, (iii) Itaú Corretora de Valores S.A., headquartered at Av. Brig. Faria Lima, 3.500, 3<sup>rd</sup> floor – São Paulo/SP, (iv) Santander Corretora de Câmbio e Valores Mobiliários S.A., headquartered at Av. Presidente Juscelino Kubitschek, 2.235, 24<sup>th</sup> floor – São Paulo/SP, and (iv) XP Investimentos CCTVM S.A., headquartered at Av. Ataulfo de Paiva, 153, sala 201 - Rio de Janeiro/RJ.

Information about the Program, including those required under the Resolution 77 and Resolution 44, and additional documents are available to shareholders at the Company's headquarters, on the Company's website (http://www.telefonica.com.br/ir), as well as on CVM and Bolsa de Valores (B3 – Brasil, Bolsa e Balcão) websites.

São Paulo, February 15, 2023.

**David Melcon Sanchez-Friera**

CFO and Investor Relations Officer

Telefônica Brasil – Investor Relations

Phone: +55 11 3430-3687

E-mail: ir.br@telefonica.com

Information available at <u>www.telefonica.com.br/ir</u>

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.

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| | | | | |
|:---|:---|:---|:---|:---|
|  |  | &nbsp;&nbsp; **TELEFÔNICA BRASIL S.A.** | &nbsp;&nbsp; **TELEFÔNICA BRASIL S.A.** | &nbsp;&nbsp; **TELEFÔNICA BRASIL S.A.** |
| &nbsp;&nbsp; Date: | &nbsp;&nbsp; February 15, 2023 | &nbsp;&nbsp; By: | &nbsp;&nbsp; /s/ João Pedro Carneiro  | &nbsp;&nbsp; /s/ João Pedro Carneiro  |
|  |  |  | Name: | &nbsp;&nbsp;João Pedro Carneiro |
|  |  |  | Title: | &nbsp;&nbsp; Investor Relations Director |

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