Vodafone 2025 Annual Report

Vodafone Group Plc Annual Report 2025 11

Strategic report

Governance

Financials

Other information

Stakeholder engagement Engaging regularly with our stakeholders is fundamental to the way we do business Regular engagement ensures we

operate in a balanced and responsible way, in both the short and longer term. We are committed to maintaining good communications and building positive relationships with all of our stakeholders, as we see this as essential to strengthening our sustainable business. Vodafone is required to provide information on how the Directors have performed their duty under section 172 of the Companies Act 2006 to promote the success of Vodafone, and these matters are covered throughout this Annual Report and summarised in the table to the right. This includes how those matters and the interests of Vodafone’s key stakeholders have been taken into account by the Directors. We have also summarised our interactions with key stakeholders during the year in this section. The engagement mechanisms directly involving the Directors are indicated below with a  symbol.

Factors considered by Directors when promoting the success of the Company Disclosure

Location

The likely consequences of any decision in the long term

Business model

page 3

Key performance indicators Stakeholder engagement

pages 6–7 pages 11–13 pages 30–41 pages 42–52 pages 55–60 pages 67–93 pages 6–7 pages 11–13 pages 14–18 pages 30–41 pages 42–52

Our Purpose Maintaining Trust

Principle risks and uncertainties, and risk management

Governance

The interests of the Company’s employees

Key performance indicators Stakeholder engagement Our people strategy Our Purpose Maintaining Trust Culture and the Board

page 78

Remuneration Committee, Remuneration Policy and Annual Report on Remuneration

pages 94–112

The need to foster the Company’s business relationships with suppliers, customers and others

Business model

page 3

Stakeholder engagement

pages 11–13 pages 8–9 pages 30–41 pages 42–52 pages 55–60 pages 79–81

Chief Executive’s statement and strategic roadmap

Our Purpose Maintaining Trust

Principle risks and uncertainties, and risk management Board activities and principal decisions

Supplier financing arrangements Stakeholder engagement

page 165

The impact of the Company’s operations on the community and the environment

pages 11–13 pages 30–41 pages 61–66 pages 42–52

Our Purpose

Climate-related risk Maintaining Trust ESG Committee Maintaining Trust Governance Stakeholder engagement Stakeholder engagement

page 93

The desirability of the Company maintaining a reputation for high standards of business conduct The need to act fairly as between members of the Company

pages 11 to 13 pages 42–52 pages 67–93 pages 11–13 pages 67–93 pages 223–228

Governance

Shareholder information

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