Telefonica Brasil S.a. · BMFBOVESPA:VIVT3

Telefonica Brasil — Merger or Acquisition (April 2022)

9 slides from Telefonica Brasil's merger presentation, Apr 27, 2022

  1. Slide 1: Acquisition of Oi's Mobile Assets

    Acquisition of Oi’s Mobile Assets *3° Telefonica vivo

  2. Slide 2: Disclaimer

    DISCLAIMER This presentation may contain forward-looking statements concerning prospects and objectives regarding the capture of synergies, growth of the subscriber base, a breakdown of the various services to be offered and their respective results Our actual results may differ materially from thos

  3. Slide 3: Value creation through acquisition of key assets, reinforcing leadership

    Value creation through acquisition of key assets, reinforcing leadership in mobile customer base, spectrum and overall experience Acquired assets RS Billion Spectrum 43 ; A H Acquisition Cost (ex net cash) + Earnout 5.4 Z Acquisition Cost ss) in 1,800 MHz, 2,100 MHz and 900 MHz frequencies, with Nat

  4. Slide 4: Mobile consolidation reaffirming Vivo as LatAm's largest customer base

    Mobile consolidation reaffirming Vivo as LatAm’s largest customer base, enhancing our positioning throughout Brazil Largest Customer Base Vivo’s Mobile Market Position by State in LatAm From 100 million to 112 million total accesses of which 97 million’ are mobile Postpaid accesses Pty MiMarket lead

  5. Slide 5: New customers to benefit from Vivo's network, offers and customer support

    New customers to benefit from Vivo’s second-to-none network, offers and customer support Customers coming from Oi Mobile will benefit from the following assets 350 stores 4G, 4.5G and 5G Network in the regions of the acquired customer base connectivity Unique CX with Vivo App the main relationship c

  6. Slide 6: Acquisition of MHz consolidating Vivo's leadership in quality of service

    Acquisition of 43 MHz consolidating Vivo’s leadership in quality of service and allowing us to reduce capex intensity Bandwidth MHz Acquired New Spectrum Position Spectrum acquired reinforcing our 900 MHz 2:0 MHz {= mid-range portfolio, allowing for a boost in data quality 1,800 MHz 23.4 MHz Frequen

  7. Slide 7: Initial calculations show potential synergies of R$5.4bn

    Initial calculations show potential synergies of R$5.4bn, related to cost and capex savings, net of investments and integration costs Description NPV (RS billion) « Reduction of operation and maintenance costs Network * Site avoidance and shutdown, lower expenses on 4G/5G deployment, core =1.8 netwo

  8. Slide 8: Looking ahead, we will start working on the assets' integration

    Looking ahead, we will start working on the assets’ integration, thus having more visibility of the potential value capture from this transaction @ Next steps and expected timeframe to integrate Oi 2022 | 2023 Qt l a l Q3 Q4 l Q @ Anatel’s approval @ CADE's approval @ Closing Synergies and Drill dow

  9. Slide 9: Signature

    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. TELEFÔNICA BRASIL S.A. Date: April 27, 2022 By: /s/ João Pedro Carneiro Name: João Pedro Carneiro Title:

Telefonica Brasil — Merger or Acquisition (April 2022) on 6ix