OLAF SWANTEE TO JOIN VODAFONE’S BOARD AS A NON-EXECUTIVE DIRECTOR

Publishing Date: Feb 11, 2021

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PRESS RELEASE: Vodafone Group Plc (“Vodafone”) have announced that Olaf Swantee will be appointed as a non-executive director following the Company’s Annual General Meeting on 27 July 2021, subject to shareholder approval. Mr Swantee will also become a member of Vodafone’s Audit & Risk Committee.

Olaf Swantee has extensive experience of the telecommunications sector and a consistent record of creating shareholder value. He was CEO of Sunrise Communications between 2016-2020 and transformed the company’s brand, network and services to establish it as the quality challenger in the Swiss market. Prior to that he was CEO of EE, where he successfully merged Orange UK and T-Mobile to create the UK’s leading operator following the sale to BT. Before EE, Mr Swantee held a number of senior positions at France Telecom (now Orange Group), Hewlett-Packard, Compaq Computer and Digital Equipment.

Mobile Zone, a company listed on the Swiss stock exchange, has announced Mr Swantee will be proposed to be appointed as its chairman at its AGM in April 2021. Mr Swantee is currently a non-executive director of Telia; he has indicated he does not intend to stand for re-election at its 2021 AGM in April. Mr Swantee has previously held non-executive roles at T-Mobile US, Legal & General, Mobistar (Belgium), Mobinil (Egypt), and Orange in Poland (former TP).

Jean-Francois van Boxmeer, Chairman of Vodafone, said: “I am delighted that Olaf will be joining Vodafone’s Board, subject to shareholder approval at this year’s Annual General Meeting. He brings a wealth of communications expertise, has a strong track record of value creation and has presided over a number of Europe’s leading telecoms businesses.  He is also passionate about technology and its potential to change society for the better. I look forward to Olaf’s contribution to our Board and him playing a significant role in the next stage of Vodafone’s strategic development.”

Olaf Swantee commented:
“It is an honour to be invited to join the Board of Vodafone, Europe and Africa’s leading telecommunications company.  I am greatly looking forward to working with Jean-Francois and the board to support Nick and the executive team successfully drive forward the strategy.”

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