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Investor Presentation

INTRO ENERGY EVOLUTION NATURAL RESOURCES BEST IN CLASS EXPLORATION EXPLORING FOR A PURPOSE AND VALUE UK & Norway N.Sea, NCS, Barents Egypt-Libya-Italy Cyprus-Lebanon South & East Med Kazakhstan Caspian basin FINANCIALS TECHNOLOGY Algeria Berkine basin Mexico Sureste basin TARGET AREA IN THE 4YP (per type) Oil Gas Cote d'Ivoire Transform margin Congo-Angola Lower Congo basin UAE-Oman Arabic Gulf & other basins Mozambique Angoche basin 10 O&G Vietnam Eastern basins LEADING THE SECTOR IN VALUE CREATION Feeding upstream growth & value 15 10 225250524 -5 -10 -15 Eni Value creation in 2012-2021 (@base price $bn) Peer 1 Peer 2 Peer 6 Peer 5 Peer 4 Peer 3 FOCUS ON EFFICIENCY WITH ~3.5 YEARS TIME-TO-MARKET 2x faster than industry avg Time-to-market (years) Indones Kutel basin 7.0 6.0 MAIN DISCOVERIES IN 2022 (Mboe Equity) < 100 100-150 > 150 5.0 4.0 SOLID & SIMPLE STRATEGY High equity shares Simple JVs operatorship CENTRALISED PROCESSES Presidium of basins knowledge Rigorous project ranking Pervasive exploration culture COMPUTATIONAL CAPABILITY Proprietary algorithms Master in seismic imaging Collaborative & parallel workflows 3.0 2.0 ON WA UO2 0.0 Industry Eni Congo LNG Baleine Ph. 1 ...up to 2022 new projects...
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