Allocation of forfeitable shares Vodacom Group Limited (Incorporated in the Republic of South Africa) (Registration number 1993/005461/06) (ISIN: ZAE000132577 Share code: VOD) (ISIN: US92858D2009 ADR code: VDMCY) ("Vodacom Group" or “the company”) Allocation of forfeitable shares In accordance with paragraph 3.63 of the JSE Listings Requirements, shareholders are advised that the following executive director and company secretary of Vodacom Group and directors of Vodacom (Pty) Limited were awarded shares in terms of the company’s forfeitable share plan, the salient details of which are set out below. Name of executive director: MS Aziz Joosub Designation: Chief Executive Officer Number of forfeitable shares awarded: 330 398 Vodacom shares of which 100% is subject to performance conditions Price at which shares were awarded: R 129.7414 Value: R42 866 299 Date of award: 19 June 2020 Vesting period: 3 years from award date Nature of transaction: Direct beneficial Clearance: Yes Name of company secretary: SF Linford Designation: Group Company Secretary Number of forfeitable shares awarded: 22 819 Vodacom shares of which 4 503 shares are subject to performance conditions Price at which shares were awarded: R 129.7414 Value: R2 960 256 Date of award: 19 June 2020 Vesting period: 3 years from award date Nature of transaction: Direct beneficial Clearance: Yes Name of director of major subsidiary W Mzimba Major subsidiary: Vodacom (Pty) Limited Designation: Chief Officer: Vodacom Business Number of forfeitable shares awarded: 39 212 Vodacom shares of which 26 141 shares are subject to performance conditions Price at which shares were awarded: R 129.7414 Value: R 5 087 420 Date of award: 19 June 2020 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: Managing Executive: VSA Network Officer Number of forfeitable shares awarded: 20 017 Vodacom shares of which 8 007 are subject to performance conditions Average price at which shares were awarded: R 129.7414 Value: R 2 597 033 Date of award: 19 June 2020 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: Executive director: Finance Number of forfeitable shares awarded: 48 560 Vodacom shares of which 7 092 shares are subject to performance conditions Price at which shares were awarded: R 129.7414 Value: R 6 300 242 Date of award: 19 June 2019 Vesting period: 3 years from award date Nature of transaction: Direct beneficial Clearance: Yes Name of director of major subsidiary JJ Mendes Major subsidiary: Vodacom (Pty) Limited Designation: Chief Officer: Consumer Business Unit Number of forfeitable shares awarded: 39 309 Vodacom shares of which 26 206 shares are subject to performance conditions Price at which shares were awarded: R 129.7414 Value: R 5 100 004 Date of award: 19 June 2019 Vesting period: 3 years from award date Nature of transaction: Direct beneficial Clearance: Yes Name of director of major subsidiary T Netshitenzhe Major subsidiary: Vodacom (Pty) Limited Designation: Chief Officer: Corporate Affairs Number of forfeitable shares awarded: 12 449 Vodacom shares of which 8 299 shares are subject to performance conditions Price at which shares were awarded: R 129.7414 Value: R 1 615 150 Date of award: 19 June 2020 Vesting period: 3 years from award date Nature of transaction: Direct beneficial Clearance: Yes Name of director of major subsidiary M Cassim Major subsidiary: Vodacom (Pty) Limited Designation: Chief Officer: Financial Services Number of forfeitable shares awarded: 25 050 Vodacom shares of which 16 700 shares are subject to performance conditions Average price at which shares were awarded: R 129.7414 Value: R 3 250 022 Date of award: 19 June 2020 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. Midrand 22 June 2020 Sponsor: UBS South Africa (Pty) Limited Date: 22-06-2020 04:45:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.