Vodafone 2025 Annual Report

Vodafone Group Plc Annual Report 2025 153

Strategic report

Governance

Financials

Other information

8. Earnings per share

9. Equity dividends

Basic earnings per share is the amount of profit generated for the financial year attributable to equity shareholders divided by the weighted average number of shares in issue during the year. 2025 2024 2023 Millions Millions Millions Weighted average number of shares for basic earnings per share 26,149 27,056 27,680 Effect of dilutive potential shares: Employee share schemes – 95 95 Weighted average number of shares for diluted earnings per share 26,149 27,151 27,775 2025 2024 2023 €m €m €m (Loss)/profit for earnings per share from continuing operations attributable to owners (4,147) 1,205 12,085 Loss for earnings per share from discontinued operations attributable to owners (22) (65) (247) (Loss)/profit for basic and diluted earnings per share (4,169) 1,140 11,838 2025 2024 2023 eurocents eurocents eurocents Basic (loss)/earnings per share from continuing operations (15.86)c 4.45c 43.66c Basic (loss) per share from discontinued operations (0.08)c (0.24)c (0.89)c Basic (loss)/earnings per share (15.94)c 4.21c 42.77c 2025 2024 2023 eurocents eurocents eurocents Diluted (loss)/earnings per share from continuing operations (15.86)c 4.44c 43.51c Diluted loss per share from discontinued operations (0.08)c (0.24)c (0.89)c Diluted (loss)/earnings per share (15.94)c 4.20c 42.62c

Dividends are one type of shareholder return, historically paid to our shareholders in February and August. 2025 2024 2023 €m €m €m Declared during the financial year Final dividend for the year ended 31 March 2024: 4.50 eurocents per share (2023: 4.50 eurocents per share, 2022: 4.50 eurocents per share) 1,212 1,215 1,265 Interim dividend for the year ended 31 March 2025: 2.25 eurocents per share (2024: 4.50 eurocents per share, 2023: 4.50 eurocents per share) 583 1,218 1,237 1,795 2,433 2,502 Proposed after the end of the year and not recognised as a liability

Final dividend for the year ended 31 March 2025: 2.25 eurocents per (2024: 4.50 eurocents per share, 2023: 4.50 eurocents per share)

558

1,219

1,215

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