VodafoneThree Investor Briefing

C

ADDITIONAL SYNERGY OPPORTUNITIES Additional revenue synergies on top

Benefits of full Vodafone Group ownership

+ Streamlined governance structure + Reduced management complexity + Faster decision making Simplified reporting structure

BEST NETWORK • Improved customer retention • Network monetisation opportunities (i.e. SuperMobile) • Customer upsell

CROSS-SELL • Selling to the Three mobile customer base • Improved customer retention & lifetime- value from converged offers e.g. Vodafone Together and Vodafone TV

+ Leveraging Group scale to drive procurement efficiencies + Scaled commercial platforms + Group Shared Services efficiencies Easier access to Vodafone Group scale

FWA

5G SA

• Grow FWA customer base supported by greater network coverage and capacity

• Dedicated Enterprise applications e.g. network slicing

Further £0.1bn cost saving opportunity

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