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Investor Presentaiton

Performance Evolution Revenue & EBITDA Performance Indexed to 2017 Indexed Cumulative Revenue Growth (2017-2022 Q3 TTM) 26.4% 10.1% 5.1% 6.3% 2017-Baseline 47.9% +38.3pp • Vodafone has realized 47.9% revenue growth while the overall Market revenue has increased by 9.6% since 2017 9.6% 0.5% 2.1% -3.7% FY17 FY18 FY19 -5.3% FY20 FY21 FY22 Q3 TTM VQ Cumulative Market Cumulative Indexed Cumulative EBITDA Growth (2017-2022 Q3 TTM) 120.9% 91.4% 50.1% +109.3pp 31.7% 8.5% 2017-Baseline 2.6% FY17 FY18 4.8% FY19 9.5% 11.6% 1.1% FY20 FY21 FY22 Q3 TTM VQ Cumulative Market Cumulative vodafone FY22 Financial Performance 26 January 2023 • Vodafone has realized 120.9% EBITDA growth while the overall Market EBITDA has increased by 11.6% since 2017 TTM: Trailing Twelve Months 10
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