Enhanced Investments - Financial Portal

Allocation of conditional and forfeitable shares

Published: 2023-06-23 18:00:26 ET

Vodacom Group Limited
(Incorporated in the Republic of South Africa)
(Registration number 1993/005461/06)
(ISIN: ZAE000132577 Share code: VOD)
(ISIN: 0592858D2009 ADR code: VDMCY)
("Vodacom Group" or “the company”)

Allocation of conditional and forfeitable shares

In accordance with paragraph 3.63 of the JSE Listings Requirements, shareholders are advised that the
following executive directors and company secretary of Vodacom Group, and directors and company
secretary of Vodacom (Pty) Limited, were awarded shares in terms of the company’s conditional and
forfeitable share plans, the salient details of which are set out below.

Name of executive director:                        MS Aziz Joosub

Designation:                                       Chief Executive Officer

Number of conditional shares awarded:              261 270 Vodacom Group shares of which 100% is
                                                   subject to performance conditions

Price at which shares were awarded:                R111.4416

Value:                                             R29 116 346.83

Date of award:                                     19 June 2023

Vesting period:                                    3 years from award date

Nature of transaction:                             Direct beneficial

Clearance:                                         Yes


Name of executive director:                        RK Morathi

Designation:                                       Chief Financial Officer

Number of conditional shares awarded:              133 185 Vodacom Group shares of which 100% is
                                                   subject to performance conditions

Price at which shares were awarded:                R111.4416

Value:                                             R 14 842 349,50

Date of award:                                     19 June 2023

Vesting period:                                    3 years from award date

Nature of transaction:                             Direct beneficial

Clearance:                                         Yes

                                                    1
Name of company secretary:              KE Robinson

Designation:                            Group Company Secretary

Number of forfeitable shares awarded:   9 691 Vodacom Group shares

Price at which shares were awarded:     R111.4416

Value:                                  R1 079 980.55

Date of award:                          19 June 2023

Vesting period:                         3 years from award date

Nature of transaction:                  Direct beneficial

Clearance:                              Yes


Name of director of major subsidiary:   S Mdlalose

Major subsidiary:                       Vodacom (Pty) Limited

Designation:                            CEO: Vodacom South Africa

Number of conditional shares awarded:   30 509 Vodacom Group shares

Price at which shares were awarded:     R111.4416

Value:                                  R3 399 971.77

Date of award:                          19 June 2023

Vesting period:                         3 years from award date

Nature of transaction:                  Direct beneficial

Clearance:                              Yes



Number of conditional shares awarded:   15 255 Vodacom Group shares of which 100% is
                                        subject to performance conditions

Price at which shares were awarded:     R111.4416

Value:                                  R1 700 041.61

Date of award:                          19 June 2023

Vesting period:                         3 years from award date


                                         2
Nature of transaction:                  Direct beneficial

Clearance:                              Yes



Number of conditional shares awarded:   7 179 Vodacom Group shares

Price at which shares were awarded:     R111.4416

Value:                                  R800 039.25

Date of award:                          19 June 2023

Vesting period:                         2 years from award date

Nature of transaction:                  Direct beneficial

Clearance:                              Yes


Name of director of major subsidiary:   RS Nkabinde

Major subsidiary:                       Vodacom (Pty) Limited

Designation:                            Financial Director

Number of forfeitable shares awarded:   27 866 Vodacom Group shares of which 50% is
                                        subject to performance conditions

Price at which shares were awarded:     R111.4416

Value:                                  R 3 105 431,63

Date of award:                          19 June 2023

Vesting period:                         3 years from award date

Nature of transaction:                  Direct beneficial

Clearance:                              Yes



Name of director of major subsidiary:   NM Mashigo

Major subsidiary:                       Vodacom (Pty) Limited

Designation:                            Human Resources Director

Number of forfeitable shares awarded:   24 206 Vodacom Group shares of which 50% is
                                        subject to performance conditions


                                         3
Price at which shares were awarded:     R111.4416

Value:                                  R 2 697 555,37

Date of award:                          19 June 2023

Vesting period:                         3 years from award date

Nature of transaction:                  Direct beneficial

Clearance:                              Yes


Name of director of major subsidiary:   RAS Tayob

Major subsidiary:                       Vodacom (Pty) Limited

Designation:                            Consumer Business Unit Director

Number of conditional shares awarded:   14 582 Vodacom Group shares of which 50% is
                                        subject to performance conditions

Price at which shares were awarded:     R111.4416

Value:                                  R1 625 041.41

Date of award:                          19 June 2023

Vesting period:                         3 years from award date

Nature of transaction:                  Direct beneficial

Clearance:                              Yes



Number of conditional shares awarded:   7 291 Vodacom Group shares

Price at which shares were awarded:     R111.4416

Value:                                  R812 520.71

Date of award:                          19 June 2023

Vesting period:                         3 years from award date

Nature of transaction:                  Direct beneficial

Clearance:                              Yes




                                         4
Name of director of major subsidiary:         TE Netshitenzhe

Major subsidiary:                             Vodacom (Pty) Limited

Designation:                                  Chief Officer: Vodacom SA External Affairs Director

Number of forfeitable shares awarded:         24 730 Vodacom Group shares of which 50% is
                                              subject to performance conditions

Price at which shares were awarded:           R111.4416

Value:                                        R 2 755 950,77

Date of award:                                19 June 2023

Vesting period:                               3 years from award date

Nature of transaction:                        Direct beneficial

Clearance:                                    Yes


Name of director of major subsidiary:         B Ngwenya

Major subsidiary:                             Vodacom (Pty) Limited

Designation:                                  Technology Director

Number of forfeitable shares awarded:         30 238 Vodacom Group shares of which 50% is
                                              subject to performance conditions

Average price at which shares were awarded:   R111.4416

Value:                                        R 3 369 771,10

Date of award:                                19 June 2023

Vesting period:                               3 years from award date

Nature of transaction:                        Direct beneficial

Clearance:                                    Yes

Name of director of major subsidiary:         TD Nel

Major subsidiary:                             Vodacom (Pty) Limited

Designation:                                  Commercial Operations Director

Number of conditional shares awarded:         5 395 Vodacom Group shares of which 50% is
                                              subject to performance conditions

Average price at which shares were awarded:   R111.4416

                                               5
Value:                                        R601 227.43

Date of award:                                19 June 2023

Vesting period:                               3 years from award date

Nature of transaction:                        Direct beneficial

Clearance:                                    Yes



Number of conditional shares awarded:         10 790 Vodacom Group shares

Average price at which shares were awarded:   R111.4416

Value:                                        R1 202 454.86

Date of award:                                19 June 2023

Vesting period:                               3 years from award date

Nature of transaction:                        Direct beneficial

Clearance:                                    Yes


Name of company secretary
of major subsidiary:                          NR Imasiku

Major subsidiary:                             Vodacom (Pty) Limited

Designation:                                  Company Secretary

Number of forfeitable shares awarded:         5 608 Vodacom Group shares

Average price at which shares were awarded:   R111.4416

Value:                                        R624 964.49

Date of award:                                19 June 2023

Vesting period:                               3 years from award date

Nature of transaction:                        Direct beneficial

Clearance:                                    Yes


All shares acquired for purposes of the above awards were acquired on market.



                                                6
Midrand
23 June 2023
Sponsor: Nedbank Corporate and Investment Banking, a division of Nedbank Limited




                                               7

Enhanced Investments, Inc.
329 South Oyster Bay Road #2085
Plainview, NY 11803
team@eninvs.com

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All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.