Shareholders

Eni S.p.A. share capital amounted to 4,005,358,876 euro fully paid, represented by 4,005,358,876 ordinary nominative shares with a nominal value of 1 euro each.

The shares are indivisible and each share gives the right to one vote.

Shareholders are entitled to attend and vote at the ordinary and extraordinary shareholders’ meeting and they can exercise the right to participate in profits and any other right as provided by the law and subject to any applicable legal limitations.

In accordance with Article 6 of Eni’s By-laws and in accordance with the special provision of article 3 of Law Decree No. 332/1994 as converted into Law No. 474/1994 (“Law No. 474 of 1994‘), no shareholder can directly or indirectly own a shareholding higher than 3% of Eni’s share capital; shares held above this limit do not allow to exercise the right to vote and other rights, except for the right to participate in profits. This limitation does not apply to shares held by the State, the Public Entities or entities controlled by them. The law states in addition that this limitation is waived in case of a public offer to buy Eni’s shares whereby the offeror will hold at least the 75% of share capital with voting rights in relation to resolutions on the appointment or removal of directors.

To learn more about the role of the Government, not as a Eni shareholder: Special powers of the State.

Every shareholder can present a list or present it with another shareholder. Only those shareholders who, alone or together with other Shareholders, represent at least 1% of voting share capital at the ordinary shareholders' meeting may present candidate lists for the appointment of Board members, except for the one appointed pursuant to Article 6.2, letter d) of these by-laws, and of the Statutory Auditors (see Articles 17 and 28 of the By-laws).

In 1995 Eni issued a sponsored ADR (American Depositary Receipts) program directed to US investors.
An ADR is a certificate issued by a US depositary bank which represents shares of a non US company, held and traded on US stock markets. Each Eni’s ADR is equal to two Eni’s ordinary shares; Eni’s ADRs are listed on the New York Stock Exchange