FY25 H1 Results Presentation

FY25 focus ⫶ b) Vodafone Business capabilities expansion

Large & growing addressable markets

Strengthening product offering • New Device-as-a-Service platform in DE, UK & IE • Strong demand for our connectivity services across Africa • Microsoft partnership for cloud-based services • SME Managed Services platform in DE & IE • Google partnership extended • Building new cloud-native security services • 194m connected devices • Mastercard payment gateway partnership

Enhancing capabilities

Addressable market spend

• New Vodafone Business CEO + Director for Germany & Other Europe now in place • Over 200 new digital specialist sales team members • 850 people upskilled in Germany sales team • European security operations centre in Romania launching in November • MPN verticals momentum across Europe (industry 3.0) • New subsea cable across Black Sea • Brand investment through “Your Business Can” campaign in 8 markets

€19bn Other 1

UK

Germany

€62bn

€50bn

Corporate

SME

SoHo

Connectivity

€87bn

€34bn €11bn

Unified Comms

€11bn IT

IoT €9bn

Cloud & Security

€14bn €22bn Mobile Fixed

€68bn

€8bn

Cloud

Average annual IT & communication spend (€)

Digital services 2

Core connectivity 2

0.7k

0.4k

FY23

0.8k

0.9k

FY28E

SoHo

Security

8.2k

16.1k

FY23

FY28E

8.4k

36.9k

SME

FY23

0.7m

1.0m

FY28E

0.7m

2.6m

Corporate

IoT

H1 FY25 results ⫶ November 2024

19

1. Other includes Other Europe, Africa & Turkey. 2. Includes Fixed & Mobile.

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