Remuneration
The Report on remuneration policy and remuneration paid is prepared by the Remuneration Committee and is approved by the Board of Directors.
The Report, as approved on April 4, 2024 by the Board of Directors, on the recommendation of the Remuneration Committee, in accordance with applicable legal and regulatory requirements, with an annual duration in relation to potential developments in the regulatory, organisational and business scenarios, and shows:
- in the first section, a description of the Remuneration Policy for 2024, adopted by Eni SpA for the Directors, Statutory Auditors, Chief Operating Officers and the other Managers with strategic responsibilities, subordinate to approval by the Shareholders’ Meeting of May 15, 2024 (binding vote), called to approve the financial statements at December 31, 2023. The first section also includes a description of the Employee Stock Ownership Plan for all employees, including the Chief Executive Officer/General Manager and Managers with Strategic Responsibilities.
Finally, the section describes the corporate bodies involved and the procedures used for the adoption, implementation and possible revision of the Policy.
The Remuneration Policy has been prepared in line with the principles and the recommendations of the Corporate Governance Code, as well as the additional indications of the Corporate Governance Committee.
- in the second section, the implementation of the Policy applying in 2023, with the information on the final results and an indication of the remuneration accrued and the shareholdings held, in individual form for the Directors, Statutory Auditors and Chief Operating Officers, and in aggregate form, for the other Managers with strategic responsibilities, which will be submitted to the 2024 Shareholders’ Meeting for a non-binding vote.
Finally, the section presents, for the 2023-2025 Long-Term Incentive Plan, information on implementation in 2023, in line with current regulations.
The two sections of the Report are introduced by an Executive Summary that provides an overview of the Remuneration Policy for 2024 and some background information.
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