Vodacom Annual Results

Service revenue | Consistent performance in South Africa Group R million/% South Africa R million/% International R million/% 7.8% 5.3% 4.8% 13.5% 5.2% 3.1% 4.5% 6.7% 7.6% 3.2% 4.9% 3.3% 4.4% 5.2% 4.5% 3.2% 3.3% 2.2% 3.5% 1.7% 2.1% 0.0% -6.3% -5.9% 19 165 19 750 20 664 20 358 14 070 14 545 14 950 14 961 5 301 5412 5913 5586 1Q22 2Q22 3Q22 4Q22 1Q22 2Q22 3Q22 4Q22 1Q22 2Q22 3Q22 4Q22 Service revenue Reported YoY % growth Normalised✶ YoY % growth Service revenue Reported YoY % growth Adjusted YoY % growth1 Service revenue Reported YoY % growth O.. Normalised* YoY % growth 1. Adjusted for a R142 million loyalty programme provision release in the prior year * Normalised growth, which presents performance on a comparable basis. This adjusts for trading foreign exchange, foreign currency fluctuation on a constant currency basis (using the current period as base) and excludes the impact of merger, acquisition and disposal activities at a constant currency basis where applicable, to show a like-for-like comparison of results Further together 20

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