STRATEGY PRESENTATION 2021-2024

REMUNERATION POLICY DIVIDEND BASED UPON ENI'S ANNUAL BRENT SCENARIO* | €/share OLD DIVIDEND NEW DIVIDEND 0.7 0.61 0.56 0.49 0.45 0.45 0.39 0.41 0.36 0.36 STRATEGY PRESENTATION 2021-2024 0.75 TOTAL DIVIDEND $43 Brent $45 Brent $48 Brent $50 Brent $55 Brent $60 Brent PROGRESSIVE FLOOR DIVIDEND ADDITIONAL VARIABLE DIVIDEND ANNUAL BUYBACK €0.36 dividend when Brent Scenario is $43 / bbl or above Floor is evaluated every year considering the execution of the strategic plan Equal to 30 - 45% of additional FCF generated between $43 - 65 / bbl Brent €300 mln for Brent between $56 - 60 /bbl €400 mln for Brent between $61 - 65 / bbl €800 mln for Brent above $65/bbl * To be announced in July 27 22

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