South Africa Highlights

HEPS | Ethiopia losses impact, Egypt accretive Headline earnings per share cents -11 -11 457 1H23 PY Tanzania Ethiopia start-up deferred tax recognition losses Vodafone Egypt was EPS accretive after issuing 242 million Group shares and raising R11 billion of debt -7 16 -6 438 Finance costs (ex Egypt) Egypt contribution SA + IB 1H24 contribution Factors impacting growth (after tax and non- controlling interests) • Deferred tax asset recognised . in prior year for Tanzania Higher start-up losses in Ethiopia of R219 million • Higher finance costs (excluding Egypt funding) of R138 million Business performance expected to accelerate into second half

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