Dividend and share buyback programme

Publications Global Presence EN

EN - English IT - Italian

Reserved area Intranet Access (MyEni)

Company

Our history Brand identity Diversity & Inclusion Business model Organisational chart Management Eni's main subsidiaries

Eni's main subsidiaries

AGI Eni Corporate University Eni España Comercializadora de Gas Eni International Resources Limited Eni Trade & Biofuels Enibioch4in Ecofuel EGEM Enilive Enipower EniProgetti EniServizi LNG Shipping Spa

COMPANY

We are an integrated energy company committed to the energy transition with solid actions for carbon neutrality by 2050

BRAND IDENTITY

The Six-Legged Dog: Eni's brand identity and history

Governance

Eni’s Model Governance Actors

Governance Actors

Board of Directors Committees Board of Statutory Auditors Financial Reporting Officer 231 Supervisory Body Audit firm Magistrate of the Court of Auditors

Governance Rules

By-laws Corporate Governance Code Code of Ethics Model 231

Corporate Governance Report Shareholders’ Meeting Shareholders Controls and Risks

Controls and Risks

Auditing levels Eni Regulatory System Anti-Corruption Transactions with related parties Antitrust Consumer Protection & Green Claims

Remuneration Management of whistleblowing reports Market Abuse

Market Abuse

Managers’ transactions Archive (2006 to 2014) Eni SpA Relevant Managers

GOVERNANCE

Eni's Corporate Governance is the company's management and control system, a tool for creating sustainable value for shareholders and stakeholders

CODE OF ETHICS

The Code defines the values and principles that guide the work of Eni, of its people and of those that contribute to the achievement of its goals

Sustainability

Commitment to sustainability

Sustainability management

Climate and decarbonisation

GHG emissions indicators Oil & Gas Decarbonisation Partnerships and advocacy initiatives Carbon Offset Solutions

Environmental Protection

Biodiversity Water Resources Land and air Circular economy

People and community

Respect for human rights Eni people Health Safety Alliances for development Customers and suppliers

Transparency and integrity Reporting and performances

Reporting and performances

Sustainability reporting Sustainability performance tool

SUSTAINABILITY

We create value for today and for the future by contributing to providing affordable energy in a sustainable way for people and the environment

ENI FOR 2023

The story of our commitment to a Just transition

Vision

Mission and values People and Partnerships Net Zero Satellite model Accessible energy

Accessible energy

Gas in Eni's strategy Security of supply Technology neutrality principle Fair and sustainable energy for a growing world

Innovation

Research and technological innovation Digitalisation Eni Awards

Global energy scenarios

World Energy Review Gas and the global energy scenario

STRATEGIC VISION

We offer increasingly decarbonized energy products and services, thanks to our industry leading technologies and investment in research and innovation

Eni Award

Our international prize for research and technological innovation applied to the energy sector

Actions

Energy Diversification

Oil & Gas Renewable sources Bioenergy Hydrogen Magnetic confinement fusion

Technologies for the transition

Biofuels

Advanced biofuel production process

Carbon capture, utilization and storage Renewable energy

Renewable energy

Solar thermal energy

Sustainable chemistry Supercomputing and Artificial Intelligence

Supercomputing and Artificial Intelligence

Supercomputer Robotics

Geosciences

Experimental geosciences Digital geosciences

Environmental remediation

Remediation of hydrocarbons in groundwater Land remediation Bioremediation of chlorinated solvents in groundwater

Partnership for innovation

Universities, research centers and companies Open Innovation

Activities around the world

Africa

Algeria

Bir Rebaa North

Angola

West Hub and East Hub

Cote d'Ivoire

Baleine Educational project Improved cookstoves Health Protection

Egypt

Nooros Zohr Port Said

Ghana

OCTP Educational projects Livelihood Restoration Plan Okuafo Pa Agricultural training

Kenya Libya Mozambique

Mozambique

Coral South Rovuma LNG Economic diversification Education projects Energy efficiency

Nigeria

Green River Project

Republic of Congo

Congo LNG Marine XII Access to energy Hinda Integrated Project Supporting culture

Tunisia

Adam Tataouine

Americas

Mexico

Area 1 Local development project

United States

Asia and Oceania

Australia

Katherine Caring for Country

Indonesia

Jangkrik Merakes Local development projects

Iraq

Access to water Educational project Health protection

Kazakhstan

Badamsha Karachaganak Kashagan

United Arab Emirates

Ghasha Ruwais

Qatar

Europe

Austria Belgium Cyprus France Germany Greece Italy

Italy

Gela Livorno Porto Torres Ravenna Sannazzaro Taranto Venezia Porto Marghera

Netherlands Norway Spain Switzerland United Kingdom

United Kingdom

HyNet North West Liverpool Bay

Two workers walk through the photovoltaic plant

ACTIONS

We are working towards energy transition through groundbreaking solutions, proprietary technologies, new business models and global partnerships

Man and woman look at the world map inside the office

ACTIVITIES AROUND THE WORLD

We are a global company that operates in 61 countries, creating and developing innovative projects alongside local communities

Products

Home Businesses Mobility

PRODUCTS

Our vision and actions lead to increasingly sustainable products, services and energy solutions

SUSTAINABLE B2B

Our innovative products, services and solutions are tailored to small, medium and large companies also thanks to our international partnerships

Investors

Strategy

Strategic Plan 2024-2027 Long term Strategic Plan to 2050 Eni’s transformation since 2014 Business Outlook

Rating ESG Stock and Shareholder remuneration policy

Stock and Shareholder remuneration policy

Shareholders’ remuneration Eni share Evolution of Share Capital Analyst coverage

Reporting and Financial statements

Financial Results and Reports Acquisitions and Disposals

Financial Calendar Risk Management

Risk Management

Integrated Risk Management Main Risks and Financial Risks Sensitivity Factors

Debt and Rating

Credit Rating and Debt Debt Capital Market (DCM) documentation

Sustainable Finance Individual Investors

INVESTORS

Announcements, financial events, reports, results and useful information for our investors

Event

2024 Third Quarter Results

Media

Press Releases News Media kit Events Stories Editorial Publications

Editorial Publications

Books Magazines

Magazines

Publishing

Multimedia

MEDIA

News, press releases, stories, events, publications and multimedia to tell our story and describe the changing world of energy

Serie A Enilive

Enilive will be Title Sponsor of Serie A until 2027

Careers

Selection process Working at Eni

Working at Eni

Onboarding and career paths Corporate Training International Careers Meet the Eni Ambassadors Hear from our global team Companies and professional areas

Companies and professional areas

Working at Versalis Working at Enilive Working at Plenitude Working at EniProgetti Working at Eni Technology, Research & Development and Digital Working at Eni Trade & Biofuels (ETB) Working at Eni México

Welfare Training courses

Training courses

Master

Master Next-Gen Nuclear Power Master MEDEA Master in Energy Innovation Master MiNDS Master GEMS

University courses

Engineering Geology and Geophysics Other subjects

International training courses

CAREERS

EniJobs is the new platform where you can apply for all Eni job offers and Master programs. Join a global energy tech company

Group of master's students in the classroom

Eni Masters

Discover our training programmes in partnership with Italian universities. We put people at the centre, for the skills of the future

Investors Media Careers

Company Governance Sustainability

Publications Global Presence Login MyEni Login

EN IT

Shareholders’ remuneration framework

Our distribution policy confirms the progressive growth in shareholder value related to our strategy. Our model is to continue to rank distribution as a top priority through a percentage of operating cashflow – a transparent link to our business performance.

Eni enhanced the payout which will target a distribution between 30-35% of expected annual CFFO, compared with the previous 25-30%, by way of a combination of dividend and share buyback.

For 2024 Eni announced:

an annual dividend of €1.00/share, a 6% increase versus 2023
a share buyback programme of €1.1 bln, reflecting the expectations on scenario and the performance of the business.

This is a flexible tool, with higher exposure to the upside. In fact, similar to 2023, we can confirm that in lower than planned scenario we will seek business outperformance and use financial flexibility to deliver the target buyback.

While, in the case of better than planned CFFO outcomes, we will now allocate up to 60% of incremental cash to our buyback, a material improvement versus last year when we indicated an upside of 35%.

In April, we raised the 2024 buyback by 45%, to €1.6Bln from €1.1Bln, with the continuing commitment to revisit in each of the remaining quarters to update on expected financial performance and the associated distribution.

Finally during 3Q call, in consideration of the disposal plan progressing ahead of our initial plan, we confirmed to further raise the 2024 share buyback (as announced in July). It is now expected at €2 bln, bringing total distributions close to around 38% of CFFO.

Reduce

2024 Share Buyback Program

The Buyback Program commenced on 27 May 2024.

Buybacks to Date:	Volume	Transaction amount (EURO)
6 December 2024	93,075,685	1,314,386,384
Data updated every Wednesday on a weekly basis
Daily transaction volumes and prices

Dividend Yield

This is the ratio between the dividend and the share price. The following methodology was used for the calculation of values: value of dividend in relation to the average of closing prices in the December of the year to which the dividend pertains. For example: 2014 dividend yield = €1.12 (2014 dividend distributed with an interim dividend in September 2014 and the balance in May 2015)/€14.72 (average share price in December 2014). The dividend yield is used as an indicator of the return regardless of gains/losses. It should not be considered as an expected return as it takes into account the dividend for each year.

Reduce

Dividend history

Year		Ex-Date	Payment Date	Amount
				€	Lire
2024	2^th instalment	18 November 2024	20 November 2024	0.25
2024	1^th instalment	23 September 2024	25 September 2024	0.25
2023	4^th instalment	20 May 2024	22 May 2024	0.23
2023	3^rd instalment	18 March 2024	20 March 2024	0.24
2023	2^nd instalment	20 November 2023	22 November 2023	0.23
2023	1^st instalment	18 September 2023	20 September 2023	0.24
2022	4^th instalment	22 May 2023	24 May 2023	0.22
2022	3^rd instalment	20 March 2023	22 March 2023	0.22
2022	2^nd instalment	21 November 2022	23 November 2022	0.22
2022	1^stinstalment	19 September 2022	21 September 2022	0.22
2021	Balance	23 May 2022	25 May 2022	0.43
2021	Interim	20 September 2021	22 September 2021	0.43
2020	Balance	24 May 2021	26 May 2021	0.24
2020	Interim	21 September 2020	23 September 2020	0.12
2019	Balance	18 May 2020	20 May 2020	0.43
2019	Interim	23 September 2019	25 September 2019	0.43
2018	Balance	20 May 2019	22 May 2019	0.41
2018	Interim	24 September 2018	26 September 2018	0.42
2017	Balance	21 May 2018	23 May 2018	0.40
2017	Interim	18 September 2017	20 September 2017	0.40
2016	Balance	24-apr-17	26-apr-17	0.40
2016	Interim	19 September 2016	21 September 2016	0.40
2015	Balance	23 May 2016	25 May 2016	0.40
2015	Interim	21 September 2015	23 September 2015	0.40
2014	Balance	18 May 2015	20 May 2015	0.56
2014	Interim	22 September 2014	25 September 2014	0.56
2013	Balance	19 May 2014	22 May 2014	0.55
2013	Interim	23 September 2013	26 September 2013	0.55
2012	Balance	20 May 2013	23 May 2013	0.54
2012	Interim	24 September 2012	27 September 2012	0.54
2011	Balance	21 May 2012	24 May 2012	0.52
2010	Interim	19 September2011	22 September 2011	0.52
2010	Balance	23 May 2011	26 May 2011	0.50
2009	Interim	20 September 2010	23 September 2010	0.50
2009	Balance	24 May 2010	27 May 2010	0.50
2008	Interim	21 September 2009	24 September 2009	0.50
2008	Balance	18 May 2009	21 May 2009	0.65
2007	Interim	22 September 2008	25 September 2008	0.65
2007	Balance	19 May 2008	22 May 2008	0.70
2006	Interim	22 October 2007	25 October 2007	0.60
2006	Balance	18 June 2007	21 June 2007	0.65
2005	Interim	23 October 2006	26 October 2006	0.60
2005	Balance	19 June 2006	22 June 2006	0.65
2004	Interim	24 October 2005	27 October 2005	0.45
2004	Balance	20 June 2005	23 June 2005	0.90
2003	Balance	21 June 2004	24 June 2004	0.75
2002	Balance	23 June 2003	26 June 2003	0.75
2001	Balance	24 June 2002	27 June 2002	0.75
2000*	Balance	18 June 2001	21 June 2001	0.424	820
1999	Balance	19 June 2000	22 June 2000	0.362	700
1998	Balance	21 June 1999	28 June 1999	0.310	600
1997	Balance	22 June 1998	22 June 1998	0.289	560
1996	Balance	23 June 1997	23 June 1997	0.248	480
1995	Balance	24 June 1996	24 June 1996	0.222	430