Board Induction

In line with the provisions of the Eni Code on the efficient and aware performance of his role by each director, Eni prepared a training plan (induction) for the current Board of Directors, aimed at providing Board members, especially newly elected members with an in-depth knowledge of Eni's activities, business segments and organization as well as the competitive landscape and the role the Board is expected to play in relation to the company's specific features. This training plan is addressed also to the new Statutory Auditors, but all members of both Boards are invited to participate. The program was started on June 30, 2008 and included meetings dedicated to discussing the issues identified with Eni's top management and external consultants with well-known professional expertise.

 Main issues covered were:

• responsibilities, duties, powers, composition and functioning of the Board of Directors;
• the energy and oil markets and competition analysis;
• the company's organizational set-up;
• Eni's core businesses;
• the company's decision making process;
• sustainability and management ethics;
• technological innovation.

Specific sessions will be dedicated to the members of Board committees.

In addition to the induction program, all Board members are required to attend initiatives and training programs as part of a ongoing training. In this light, Board meetings can be held also outside Eni's registered head-offices, also abroad, in order to improve knowledge of Eni's operating activities