Vodafone 2026 Annual Report


Vodafone Group Plc Annual Report 2026
1

In this report
2

Strategic report
3

FY26 highlights
3

Business model
4

Our mission
5

Investment case
6

Mega trends
7

Chair’s message
8

Chief Executive’s statement and strategic roadmap
9

Key Performance Indicators
10

Stakeholder Engagement
11

Our financial performance
14

ESG and responsible business
25

ESG governance and our approach to materiality
27

Protecting the Planet
30

Empowering People
35

Our People Strategy
40

Maintaining Trust
46

Law Enforcement Assistance
49

Supply chain
50

Data privacy and cyber security
52

Non-financial information
60

Principal risks and uncertainties
62

Risk management
65

Climate-related risk
67

Governance
73

Governance at a glance
73

Chair’s governance statement
74

Our governance structure and responsibilities
78

Our Board
79

Our Executive Committee
83

Culture and the Board
84

Board activities and key areas of focus during the year
86

Nominations and Governance Committee
91

Audit and Risk Committee
94

Technology Committee
100

ESG Committee
101

Remuneration Committee
102

Remuneration Policy
105

Annual Report on Remuneration
111

US listing requirements
123

Directors’ Report
124

Financials
126

Reporting on our financial performance
126

Directors’ statement of responsibility
127

Auditor’s report
129

Consolidated financial statements and notes
139

Company financial statements and notes
221

Other information
228

Non -GAAP measures -Unaudited information
228

Shareholder information
2

History and development
244

Regulation
245

Form 20-F cross reference guide
247

Forward-looking statements
251

Definition of terms
252

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