Investor Presentaiton

LOW CARBON FAST TRACK - Key Enablers 10 LOW CARBON DEVELOPMENT Application of Best Available Technologies IN-HOUSE COMPETENCIES Parallelization of activities reservoir, engineering and procurement "DEVELOPING WHILE APPRAISING" Phased development approach to de-risk the full field exploitation CO₂ 8 Discovery FID Exploration Reservoir studies Engineering Start-Up Procurement & execution TIME TO MARKET (TTM) Ph.3 Ph.1 Ph.2 Concept design to minimize emissions Carbon offset for residual emissions Leveraging on a tailored organizational model and company know-how Computational Power, Proprietary Tools, EniProgetti, Laboratories Subsurface de-risking saving on appraisal activities while gathering data during first production phase Modular development design in the early phase, keeping flexibility and optionality

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