Recent Updates — VOD

Societe Generale S.A. has completed the acquisition of a 50% shareholding in OXG Glasfaser Beteiligungs-GmbH, the fibre joint venture in Germany owned by Vodafone Group Plc. The transaction was previously announced on September 1, 2026. This move secures a committed funding partner for OXG, enabling the continued expansion of its fibre network in Germany while allowing Vodafone to maintain strategic flexibility. Vodafone is a leading European and African telecoms company serving mobile and broadband customers across multiple countries.

Societe Generale notified the issuer of an acquisition or disposal of voting rights, crossing a major holding threshold on October 27, 2026. The bank now holds approximately 8.93% of Vodafone's total voting rights, comprising direct share ownership and financial instruments such as contracts for difference and warrants. This disclosure is made pursuant to the FCA's Disclosure Guidance and Transparency Rules regarding significant shareholdings in listed companies. Vodafone Group Public Limited Company is a leading European and African telecommunications provider serving mobile, broadband, IoT, and financial services customers.

Vodafone announced that Joakim Reiter will depart the company on December 31, 2026, following a nine-year tenure. He is leaving to become Secretary General of the European Roundtable for Industry. CEO Margherita Della Valle thanked him for his contributions regarding government and regulatory relations in Europe and Africa. A successor announcement will be made at a later date.

Societe Generale notified the company on October 26, 2026, that it crossed the 9% major holding threshold as of October 23. The bank now holds approximately 9.01% of total voting rights, comprising direct share ownership and financial instruments including contracts for difference and warrants. This disclosure is required under UK Disclosure Guidance and Transparency Rules. Vodafone is a leading European and African telecoms company serving mobile, broadband, IoT, and financial services customers.

Societe Generale notified the company on October 20, 2026, that it crossed a major holding threshold on October 19, 2026. The bank now holds approximately 9.11% of Vodafone's total voting rights, comprising direct share ownership and financial instruments including contracts for difference and warrants. This disclosure is required under the FCA's Disclosure Guidance and Transparency Rules (DTR 5).

Vodafone Group upgraded the annual cost saving target for its UK joint venture, VodafoneThree, to £1 billion per annum by fiscal year 2032, up from a previous target of £700 million by fiscal year 2030. The company also outlined new financial ambitions including mid-to-high single digit Adjusted EBITDAaL growth and operating free cash flow more than tripling by FY32 compared to FY25 levels. These targets are supported by an £11 billion network investment plan aimed at building the UK's best 5G standalone infrastructure. Vodafone operates as a leading European and African telecommunications company serving mobile and broadband customers across multiple countries.