Eni: Treasury Shares Purchase Programme Terminated

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(Eni, 7.Dec.2022) — During the period from 28-29 November 2022, Eni acquired n. 4,322,849 shares, at a weighted average price per share equal to 14.0850 euro, for a total consideration of 60,887,377.41 euro within the authorization to purchase treasury shares approved at Eni’s Shareholders’ Meeting on 11 May 2022, previously subject to disclosure pursuant to art. 144-bis of Consob Regulation 11971/1999.

On the basis of the information provided by the intermediary appointed to make the purchases, the following are details of transactions for the purchase of treasury shares on the Euronext Milan on a daily basis:

The purchase programme for the year 2022, started on 30 May 2022 in accordance with the communication made to the market on 26 May 2022, terminated with the purchases reported above. On 29 July 2022 Eni informed the market that the buy-back commitment had been raised to 2.4 billion euro During the execution of the programme, Eni purchased n. 195,550,084 treasury shares (equal to 5.48% of the share capital) for an aggregate amount of 2,399,992,593 euro. Following the purchases made until 29 November 2022, considering the treasury shares already held and the assignment of ordinary shares to Eni’s directors, following the conclusion of the Vesting Period as provided by the “Long-Term Incentive Plan 2017-2019” approved by Eni’s Meeting of shareholders of 13 April 2017, Eni holds n. 226,097,834 shares equal to 6.33% of the share capital. The purchase programme for the year 2022 was completed in 6 months from the start date, in advance of April 2023 (date communicated at the start of the programme).

The weekly information including the daily details of the 2022 share buyback programme can be found on the Company’s website, in the sections Treasury shares year 2022 and Shareholders Remuneration 2022.

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ENERGY ANALYTICS INSTITUTE (EAI) https://energy-analytics-institute.org

Energy Analytics Institute (EAI), formerly LatinPetroleum.com, is a Houston-established private organization with a satellite presence in Calgary, Mexico City and Venezuela where it operates under Editores LatinPetroleum SA. Since 1999, EAI has been a leader in energy news coverage of Latin America in particular. Coverage, run out of Latin America, now spans the world and encompasses nearly all energy and energy-related sectors.

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