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As a company we do not operate in isolation: our ability to deliver value

depends on the contribution and activities of a range of different

stakeholders.

In the table below, we briefly outline those stakeholder groups who have a substantive impact on our ability to

create value, outlining how they impact on value and identifying some of their primary interests relating to our

business activities.

Our key relationships

Government and regulators

Provide access to spectrum and operating licences, the basis for creating value.

Impose regulatory measures with potential cost implications.

Means of engagement

g

g

Proactive engagement with key stakeholders

across governments on key topics.

g

g

Participation in consultations and public forums.

g

g

Submission and engagement on draft regulations

and bills.

g

g

Engagement through industry consultative bodies.

g

g

Publication of policy engagement papers.

g

g

Partnering on key programmes in education,

health and gender-based violence.

g

g

Hosting workshops across key stakeholders to

improve understanding of the industry.

Priority interests

Ensuring spectrum is managed as a strategic resource,

contributing to national broadband access and the digital

economy, especially in underserviced and rural markets.

Establishing licence certainty in our operating environments.

Promoting opportunities for job creation and socioeconomic

development (including transformation and localisation).

Protecting consumer interests on service quality, costs and

privacy.

Regulatory compliance on issues such as mobile termination

rates, price, security, safety, health and environmental

performance.

Contribution to the tax base.

Customers

Purchase our products and services, providing the basis for revenue growth.

Means of engagement

g

g

Call centres, retail outlets and online.

g

g

MyVodacom app, messaging and USSD channels.

g

g

Net promoter score (NPS) feedback interviews and

focus groups.

g

g

Social media interaction.

g

g

Vodacom website.

Priority interests

Better value offerings.

Faster data networks and wider coverage.

Making it simpler and quicker to deal with us.

Converged solutions for business customers.

Managing the challenge of data-usage transparency.

Privacy of information.

Feedback on service-related issues.

Investors and shareholders

Provide the financial capital needed to sustain and grow.

Means of engagement

g

g

Investor interactions, including roadshows,

conferences and meetings.

g

g

Investor days.

g

g

Annual and interim reports.

g

g

SENS announcements.

g

g

Monthly and quarterly operational reviews with

our parent company Vodafone.

g

g

Investor relations page on our website.

Priority interests

Strategy to ensure sustained financial performance of

South African and International operations.

Responsible investment to ensure growth, and to manage

the risks and opportunities in our markets.

Rationale for Safaricom acquisition.

Responsible allocation of capital.

Sound corporate governance practices.

Transparent executive remuneration.

Stable dividend policy.

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Vodacom Group Limited

Integrated report for the year ended 31 March 2018