Vodafone Group Public Limited Company · LSE:VOD
Vodafone Group Public — Vodafone Group — Shareholder Meeting (July 2008)
20 slides from Vodafone Group Public's shareholder meeting presentation, Jul 29, 2008
Slide 1: Vodafone Group Plc Annual General Meeting
Vodafone Group Plc Annual General Meeting Sir John Bond, Chairman 29 July 2008 1
Slide 2: Disclaimer
Disclaimer The following presentations are being made only to, and are only directed at, persons to whom such presentations may lawfully be communicated (“relevant persons”). Any person who is not a relevant person should not act or rely on these presentations or any of their contents. Any informati
Slide 3: Financial highlights for the year
Financial highlights for the year 2008 Growth Revenue £35.5 billion +14.1% Adjusted operating profit1 £10.1 billion +5.7% Capital expenditure £5.1 billion +20.6% Free cash flow £5.5 billion (9.6%) 1 Excludes non-operating income of associates, impairment losses and other income and expense Dividend
Slide 4: Share price
Share price Vodafone share price (pence) FTSE 100 (Index)1 200 130 Vodafone 190 120 180 170 110 160 100 150 140 90 130 FTSE 100 80 120 110 70 Jul-07 Aug-07 Sep-07 Oct-07 Nov-07 Dec-07 Jan-08 Feb-08 Mar-08 Apr-08 Apr-08 May-08 Jun-08 Jul-08 1 Rebased to July 24 = 100 Driving usage and revenue to offs
Slide 5: Cost initiatives and Vodafone in India
Cost initiatives Centralisation Outsourcing Network sharing & Consolidation Using our scale to Outsourcing to Reducing the cost reduce unit costs lower cost suppliers of network rollout Vodafone in India 1.1 billion Vodafone’s customers (millions) Population 60 1.5 million new customers per month 25
Slide 6: Verizon Wireless (USA) and Corporate responsibility
Verizon Wireless (USA) Vodafone owns 45% of Verizon Wireless Attractive US market 88% mobile penetration Strong growth 11% increase in customers to almost 69 million1 To become largest operator (with over 80 million customers) Leading position after Alltel acquisition Vodafone and Verizon Wireless c
Slide 7: Arun Sarin
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Slide 8: Vittorio Colao
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Slide 9: Resolution 1
Resolution 1 To receive the Company’s accounts and reports of the directors and auditors for the year ended 31 March 2008 9
Slide 10: Resolutions 2 and 3
Resolution 2 0.97% 0.11% For - 98.92% Against - 0.97% Abstain - 0.11% 98.92% To re-elect director: Sir John Bond Resolution 3 0.10% 0.11% For - 99.79% Against - 0.10% Abstain - 0.11% 99.79% To re-elect director: John Buchanan 10
Slide 11: Resolutions 4 and 5
Resolution 4 0.10% 0.11% For - 99.79% Against - 0.10% Abstain - 0.11% 99.79% To re-elect director: Vittorio Colao Resolution 5 0.10% 0.11% For - 99.79% Against - 0.10% Abstain - 0.11% 99.79% To re-elect director: Andy Halford 11
Slide 12: Resolutions 6 and 7
Resolution 6 0.10% 0.12% For - 99.78% Against - 0.10% Abstain - 0.12% 99.78% To re-elect director: Alan Jebson Resolution 7 1.04% 0.90% For - 98.06% Against - 1.04% Abstain - 0.90% 98.06% To re-elect director: Nick Land 12
Slide 13: Resolutions 8 and 9
Resolution 8 0.11% 0.11% For - 99.78% Against - 0.11% Abstain - 0.11% 99.78% To re-elect director: Anne Lauvergeon Resolution 9 0.28% 0.12% For - 99.60% Against - 0.28% Abstain - 0.12% 99.60% To re-elect director: Simon Murray 13
Slide 14: Resolutions 10 and 11
Resolution 10 0.11% 0.12% For - 99.77% Against - 0.11% Abstain - 0.12% 99.77% To re-elect director: Luc Vandevelde Resolution 11 0.11% 0.11% For - 99.78% Against - 0.11% Abstain - 0.11% 99.78% To re-elect director: Anthony Watson 14
Slide 15: Resolutions 12 and 13
Resolution 12 0.11% 0.11% For - 99.78% Against - 0.11% Abstain - 0.11% 99.78% To re-elect director: Philip Yea Resolution 13 0.03% 0.07% For - 99.90% Against - 0.03% Abstain - 0.07% 99.90% To approve the final dividend of 5.02p per ordinary share 15
Slide 16: Resolutions 14 and 15
Resolution 14 3.65% 4.61% For - 91.74% Against - 3.65% Abstain - 4.61% 91.74% To approve the Remuneration Report of the Board for the year ended 31 March 2008 Resolution 15 0.49% 1.32% For - 98.19% Against - 0.49% Abstain - 1.32% 98.19% To re-appoint Deloitte & Touche LLP as auditors to the Company
Slide 17: Resolutions 16 and 17
Resolution 16 0.25% 0.61% For - 99.14% Against - 0.25% Abstain - 0.61% 99.14% To authorise the Audit Committee to determine the remuneration of the auditors Resolution 17 5.95% 0.14% For - 93.91% Against - 5.95% Abstain - 0.14% 93.91% To authorise the directors to allot shares 17
Slide 18: Resolutions 18 and 19
Resolution 18 5.47% 0.17% For - 94.36% Against - 5.47% Abstain - 0.17% 94.36% To authorise the directors to disapply pre-emption rights, within institutional shareholder guidelines Resolution 19 0.27% 0.10% For - 99.63% Against - 0.27% Abstain - 0.10% 99.63% To authorise the directors to make market
Slide 19: Resolutions 20 and 21
Resolution 20 2.19% 0.28% For - 97.53% Against - 2.19% Abstain - 0.28% 97.53% To authorise the Company and any subsidiary of the Company to make political donations or incur political expenditure for the next four years Resolution 21 1.10% 0.91% For - 97.99% Against - 1.10% Abstain - 0.91% 97.99% To
Slide 20: Resolution 22
Resolution 22 0.35% 0.16% For - 99.49% Against - 0.35% Abstain - 0.16% 99.49% To approve the Rules of the 2008 Sharesave Plan 20