Vodafone Announces Board Changes, Appoints Olaf Koch as Non-Executive Director

Vodafone Group Plc  announces that Olaf Koch will be appointed as a Non-Executive Director with effect from the conclusion of the 2026 Annual General Meeting (“AGM”), subject to shareholder approval.

Maria Amparo Moraleda Martinez, Non-Executive Director will not seek re-election at the AGM and will therefore retire as a Board member, Chair of the Remuneration Committee and Chair of the ESG Committee at the conclusion of the AGM following completion of nine years’ service.

With effect from the conclusion of the AGM, Christine Ramon will be appointed Chair of the Remuneration Committee and Anne-Françoise Nesmes will be appointed Chair of the ESG Committee.

Jean-François van Boxmeer, Vodafone’s Chair said:

“I am delighted to welcome Olaf Koch to Vodafone’s Board. His extensive experience of leading complex transformations and deep knowledge of the German market will be a valuable addition as the Group continues to execute its strategy. I would also like to take the opportunity to thank Amparo Moraleda for her outstanding service to the Company and look forward to her continuing contribution until the conclusion of our AGM. I am delighted to announce the new roles being undertaken by Anne-Françoise Nesmes and Christine Ramon.”

– Jean-François van Boxmeer, Chair, Vodafone Group Plc

“I am thrilled to be joining the Board of Vodafone and look forward to working with Jean- François and my fellow directors to support Margherita and the executive team in driving Vodafone’s vision forward.”

– Olaf Koch, Non-Executive Director, Vodafone Group Plc

 

About Olaf Koch

From 2011 to 2021, Olaf Koch was Chief Executive Officer of Metro AG, the international wholesale and food specialist, where he led a major transformation of the group, refocusing the business into a streamlined wholesale model and strengthening financial discipline, operational efficiency and strategic clarity. During his tenure, Olaf oversaw significant portfolio reshaping and organisational change across a large, complex multinational group.

Prior to Metro, Olaf held a number of senior leadership roles at Daimler, including leading Corporate e‑Business and overseeing Finance, Controlling and Strategy at Mercedes‑Benz Cars. Earlier in his career, he founded and successfully sold an IT networks company, and later served as Managing Director, Operations at Permira, where he was involved in the operational development of portfolio companies. He has been a partner at Zintinus since 2021, advising companies on transformation, strategy and digital development.

Olaf currently serves as a shareholder representative on the Supervisory Board of Mercedes‑Benz Group AG, where he is Chair of the Audit Committee and the Legal Affairs Committee.

This announcement is made in compliance with the Company’s obligations under the UK Listing Rules, specifically Rule 6.4.6. There are no further matters to be disclosed in respect of Olaf Koch’s appointment under UK Listing Rule 6.4.8.