Sale of Vodafone Italy and capital return

⫶ Right-sized for growth Africa

Investments

Europe

Operations

Infrastructure

Innovation Partner Markets

8 countries 200m mobile customers 76m FinTech users

9 countries 100m mobile customers 17m fixed customers

45 countries

Procurement vodafone

vodafone RoamingServices

vodafone Networks

Technology & operations

Roaming & carrier services

Network services

SharedOperations

_VO IS

Procurement

Investor update ⫶ March 2024

4

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