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Vesting of forfeitable shares
Vodacom Group Limited
(Incorporated in the Republic of South Africa)
(Registration number 1993/005461/06)
Share code VOD ISIN ZAE000132577
ADR code VDMCY USIN US92858D2009
("Vodacom Group" or "the company")
Vesting of forfeitable shares
Shareholders are referred to the announcement released on the Stock Exchange News Service
on 25 June 2026 and are advised in accordance with paragraphs 6.77 to 6.85 of the JSE Limited
Listings Requirements, that the following additional shares were awarded to directors of Vodacom
(Pty) Limited, in terms of the company's 2022 conditional and forfeitable share plan on 19 June
2023 have vested, the details of which are set out below:
Name of director of major subsidiary: RS Nkabinde
Major subsidiary: Vodacom (Pty) Limited
Designation: Financial Director
Date of vesting: 19 June 2026
Class of securities: Ordinary shares
Number of shares vested: 2 752
Deemed price per share*: R147,40
Deemed value: R405 644,80
Nature of transaction: Off market vesting and delivery of forfeitable
shares with performance conditions awarded in
2023 subject to the satisfaction of applicable
performance conditions over the three-year
vesting period
Nature of Interest: Direct Beneficial
Clearance to deal obtained: Yes
Name of director of major subsidiary: NM Mashigo
Major subsidiary: Vodacom (Pty) Limited
Designation: Human Resources Director
Date of vesting: 19 June 2026
Class of securities: Ordinary shares
Nature of Interest: Direct Beneficial
Clearance to deal obtained: Yes
Number of shares vested: 2 392
Deemed price per share*: R147,40
Deemed value: R352 580,80
Nature of transaction: Off market vesting and delivery of forfeitable
shares with performance conditions ss awarded
in 2023 subject to the satisfaction of applicable
performance conditions over the three-year
vesting period and which vested
Nature of Interest: Direct Beneficial
Clearance to deal obtained: Yes
Name of director of major subsidiary: TE Netshitenzhe
Major subsidiary: Vodacom (Pty) Limited
Designation: Vodacom SA External Affairs Director
Date of vesting: 19 June 2026
Class of securities: Ordinary shares
Number of shares vested: 2 443
Deemed price per share*: R147,40
Deemed value: R 360 098,20
Nature of transaction: Off market vesting and delivery of forfeitable
shares with performance conditions awarded in
2023 subject to the satisfaction of applicable
performance conditions over the three-year
vesting period
Nature of Interest: Direct Beneficial
Clearance to deal obtained: Yes
Name of director of major subsidiary: B Ngwenya
Major subsidiary: Vodacom (Pty) Limited
Designation: Technology Director
Date of vesting: 19 June 2026
Class of securities: Ordinary shares
Number of shares vested: 2 987
Deemed price per share*: R147,40
Deemed value: R 440 283,80
Nature of transaction: Off market vesting and delivery of forfeitable
shares with performance conditions awarded in
2023 subject to the satisfaction of applicable
performance conditions over the three-year
vesting period
Nature of Interest: Direct Beneficial
Clearance to deal obtained: Yes
*Deemed value is based on the company price at close of business 19 June 2026 of R147,40
26 June 2026
Midrand
Sponsor
Investec Bank Limited
Date: 26-06-2026 05:29:00
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