Vodafone Group Plc Annual Report 2026
Strategic report
Governance
Financials
Other information
Welcome to our 2026 Annual Report Helping you get the most from our 2026 reporting suite You will find the fundamentals of our business covered within our annual report. For more detail on specific topics, please refer to our cross-referencing table below. We continue to move our reporting to align to the Corporate Sustainability Reporting Directive (‘CSRD’).
In this report Strategic report
1 FY26 highlights 2 Business model 3 Our mission 4 Investment case 5 Mega-trends 6 Chair’s message 7 Chief Executive’s statement and strategic roadmap 8 Key Performance Indicators 9 Stakeholder engagement 12 Our financial performance 23 ESG and responsible business 25 ESG governance and our approach to materiality
Modern Slavery Statement
Human Rights Policy
Pay Gap Reporting Site
Code of Conduct
Transparency Report
Vodafone Annual Report
ESG Addendum & Methodology
Climate Transition Plan
Our reporting suite Strategy Financial Performance Stakeholder Engagement People Strategy GHG Emissions & Net Zero Human Rights Modern Slavery Privacy & Cyber Security Climate Related Risk Our Governance Structure Pay Gap Key:
28 Protecting the Planet 33 Empowering people 38 Our people strategy 44 Maintaining trust 47 - Law Enforcement Assistance 48 - Supply chain 50 - Data privacy and cyber security 58 Non-financial information 60 Principle risks and uncertainties
63 Risk management 65 Climate-related risk Governance 71 Governance at a glance 72 Chair’s governance statement 74 Our governance structure and responsibilities 77 Our Board 81 Our Executive Committee 82 Culture and the Board 84 Board activities and key areas of focus during the year 89 Nominations and Governance Committee 92 Audit and Risk Committee 98 Technology Committee 99 ESG Committee 100 Remuneration Committee 103 Remuneration Policy 109 Annual Report on Remuneration 121 US listing requirements 122 Directors’ report Financials 124 Reporting on our financial performance 125 Directors’ statement of responsibility 127 Auditor’s report 137 Consolidated financial statements and notes 219 Company financial statements and notes Other information 226 Non-GAAP measures 236 Shareholder information 242 History and development 243 Regulation 245 Form 20-F cross reference guide 249 Forward-looking statements 250 Definition of terms
Detailed information available
High level information available
V isit our corporate website to see the full reporting suite: vodafone.com/esga-z
New shape of the Group Following the announced sales of Vodafone Spain and Vodafone Italy, both businesses are treated as discontinued operations, and therefore excluded from Group results for continuing operations. Following the announced UK merger, FY26 results include two months of Vodafone UK on a standalone basis and ten months of VodafoneThree results. Environmental, Social and Governance (‘ESG’) reporting We have continued to simplify our ESG reporting in the Annual Report as we focus on embedding our ESG framework across the business. We also report against a number of voluntary reporting frameworks to help our stakeholders understand our sustainable business performance. Disclosures prepared with reference to the Global Reporting Initiative (‘GRI’) guidance can be found in our ESG Addendum and on our website.
This document is the Group’s UK Annual Report and is not the Group’s Annual Report on Form 20-F that will be filed separately with the US SEC. This report contains references to Vodafone’s website, and other supporting disclosures located thereon such as videos, our ESG Addendum and Methodology document, and our cyber security factsheet, amongst others. These references are for readers’ convenience only and information included on Vodafone’s website is not incorporated in, and does not form part of, this Annual Report. References We have cross-referenced relevant material and included the following navigation icons. Read more in the report Click to see related content online Click to watch related content Scan QR code
A richer, digital experience awaits online The investor story, digitally told Head to our investor site for more content aligned to our performance this year. Corporate website vodafone.com Video content for every topic
Choose from a wide array of investor-related video content on our library, including: FY26 performance, technology, ESG and governance.
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