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Investor Presentaiton

Capital Expenditure: Investments driving profitable growth 23.3% 489 Capital expenditure (CAPEX) 30.0% 637 21.5% 18.7% 16.1% 660 411 408 Return on capital employed (ROCE) +7.0 ppts 4.2% 3.3% 2.8% 6.7% +3.0 ppts 9.8% FY21 FY22 FY18 FY19 FY20 FY21 FY22 FY18 FY19 FY20 CAPEX -O-CAPEX Intensity vodafone FY22 Financial Performance 26 January 2023 ROCE calculated as: (Net Profit + Borrowing costs)/Average (Equity + Loans) 19 All amounts are in QR millions unless otherwise stated
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