CONTRACTUAL COMMITMENTS AND GUARANTEES

12 Months Ended

Dec. 31, 2025

CONTRACTUAL COMMITMENTS AND GUARANTEES

34. Contractual Commitments

34.a. Contractual Commitments

The Company has unrecognized contractual commitments arising from the purchase of goods and services, which mature on several dates, with monthly payments.

On December 31, 2025, the total consolidated nominal values equivalent to the full contract period were:


Year
2026						938,432
2027						838,722
2028						860,588
2029						840,328
2030						360,794
2031 onwards						1,574,467
Total(1)						5,413,331

(1)Includes R$1,181,762, referring to contracts for the provision of security services with Telefónica Cybersecurity Tech, S.L.U. (“CyberCo”) and its subsidiaries, companies of the Telefónica Group.

34.b. Guarantees

On December 31, 2025, the Company had guarantees for several commitments with ANATEL, suppliers and legal proceedings:


Insurance of guarantee(1)						30,925,675
Letters of guarantee(2)						9,884,006
Judicial deposits and garnishments (Note 10.)						2,964,318
Property and equipment (Note 13.f.)						9,675
Financial investments in guarantee of lawsuits (Note 4.)						41,308
Total						43,824,982

(1)They refer to insurance amounts contracted to ensure the continuity of the discussion of legal proceedings (note 19).

(2)Includes R$4 billion was contracted related to the Self-Composition Agreement for the Adaptation of STFC Concession Contracts.