TELEFÔNICA BRASIL S.A.

Publicly-held Company

CNPJ MF 02.558.157/0001-62 - NIRE 35.3.001.5881-4

NOTICE TO SHAREHOLDERS

DATE OF THE YEAR 2019 ORDINARY AND EXTRAORDINARY SHAREHOLDERS' MEETING

Telefônica Brasil S.A. ("Company") hereby informs its Shareholders that pursuant to CVM Instruction 481/09, as amended, the Company's Ordinary and Extraordinary Shareholders' Meeting of the year 2019 is schedule to be held on April 11, 2019 ("Shareholders' Meeting"). Additional information on said Shareholders' Meeting will be disclosed in due course.

São Paulo, January 14, 2019.

David Melcon Sanchez-Friera

CFO and Investor Relations Officer

Telefônica Brasil - Investor Relations

Tel: +55 11 3430-3687

Email:ir.br@telefonica.comInformation available at:www.telefonica.com.br/ir

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Telefônica Brasil SA published this content on 14 January 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 14 January 2019 20:58:05 UTC