Vodafone Group Public Limited Company (LSE:VOD) commences share repurchases on August 8, 2024, under the program mandated by the shareholders at the Annual General Meeting held on July 30, 2024. As per the mandate, the company is authorized to repurchase up to 4,053,092,397 ordinary shares, representing 10% of its issued shares for ?500 million worth of common stock. The shares will be repurchased at a minimum price of 20 20/21 US cents per ordinary share and the maximum price (excluding expenses) which may be paid for any ordinary share does not exceed the higher of 5% above the average closing price of such shares on the London Stock Exchange Daily Official List for the five business days prior to the date of purchase and the higher of the price of the last independent trade and the highest current independent bid as stipulated by Regulatory Technical Standards adopted by the European Commission under Article 5 (6) of the Market Abuse Regulation.

This authority will expire at the earlier of the end of the next Annual General Meeting of the company or at the close of business on September 30, 2025, unless the authority is renewed. As of May 20, 2024, the company had 28,164,633,473 shares in issue (excluding treasury shares) and 653,022,515 in treasury.