Investor Presentaiton

Africa & Turkey: Sustained growth South Africa 12% of Group EBITDAaL1 Service revenue Adj. EBITDAAL Key drivers Resilient prepaid performance Organic service revenue growth (%) 3.2% 3.0% 3.0% 3.0% 1.4% +2.6% +1.7% • Good demand for financial services • Cost efficiencies offsetting inflationary pressures Q4 FY22 Q1 FY23 Q2 FY23 Q3 FY23 Q4 FY23 • Customer base & data usage acceleration Egypt 5% of Group EBITDAAL +21.1% +10.2% • EBITDAAL growth impacted by currency devaluation • Transfer of 55% shareholding to Vodacom in Dec' 2022 vodacom Internationals Internationals 3% of Group EBITDAAL 1 25.9% 23.1% 19.2% 18.1% 16.7% Q4 FY22 Q1 Q2 Q3 Q4 FY23 FY23 FY23 FY23 +5.3% +1.5% • Revenue & EBITDAAL in H2 impacted by natural disasters 2.0% 2.5% • Continued M-Pesa growth 8.8% 5.2% 4.4% Q4 Q1 Q2 Q3 Q4 FY22 FY23 FY23 FY23 FY23 C✶ Turkey 3% of Group EBITDAAL1 +47.6% +49.8% Continuous repricing actions to mitigate inflation Service revenue growth in Q4 above current inflation rate 58.3% 52.9% 43.9% 35.8% 25.8% Q4 Q1 Q2 ⚫ Cost efficiency measures supporting EBITDAal growth FY22 FY23 FY23 Q3 FY23 Q4 FY23 O vodafone 20 20 1 Based on FY23 Adjusted EBITDAaL contribution FY23 Results: May 2023

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