Board Induction

In accordance with the provisions of the Eni Code relative to the effective and conscious implementation of each Director’s role, Eni drew up, for the Board currently holding office, immediately after their appointment, an induction training plan (board induction) allowing the new Directors to acquire detailed knowledge of the activities and organization of the Company, its industry and their role considering the specific characteristics of Eni.

The program, which also involved the new members of the Board of Statutory Auditors, and to which the other members of the two company bodies were also invited, began on June 30, 2008, and was implemented by setting up a series of meetings dedicated to analyzing the identified themes in depth, with the involvement of senior managers and the participation of external speakers of acknowledged professionalism.

The meetings covered  the following topics:

• responsibilities, duties, powers, composition and operation of the Board of Directors;
•  the market and  the relevant sector;
• organization;
• Group business;
• business administration;
• sustainability and ethics of business administration;
• technological innovation.

In 2009, more detailed examinations of business issues were carried out and are still under way.

In this context, for example, Board meetings can be held in locations other than the registered offices of companies, even abroad, in order to increase knowledge of Eni's operating activities company operations.