STRATEGY PRESENTATION 2021-2024

SCENARIO ASSUMPTIONS STRATEGY PRESENTATION 2021-2024 4YP Scenario 2021 2022 2023 2024 Brent dated ($/bbl) 50 55 60 61.2 FX avg ($/€) 1.190 1.190 1.200 1.230 Ural MED c.i.f. - Med Dated Strip ($/bbl) -1.0 -1.4 -1.5 -1.7 Std. Eni Refining Margin ($/bbl) 3.8 4.5 4.6 4.6 NBP ($/mmbtu) 4.3 4.9 5.2 5.7 PSV (€/kcm) 147 163 167 181 Sensitivity 2021 EBIT adj (€ bln) net adj (€ bln) FCF (€ bln) Brent (+1 $/bbl) 0.21 0.14 0.15 Std. Eni Refining Margin (+1 $/bbl) 0.16 0.11 0.16 Exchange rate $/€ (-0.05 $/€) 0.18 0.08 0.14 30

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