Yes, under the general principles of the Eni Remuneration Policy, it is expected the adoption of clawback mechanisms that provides for the variable component of remuneration, if already paid and/or granted, to be reclaimed, and if still  subject to deferral, to be withheld, in instances where results underpinning such awards were based on data that subsequently proved to be manifestly misstated, or make restitution of all the incentives for the year (or years) for which wilful alteration of the data used in verifying performance for the purpose of entitlement  to the incentive, and/or the commission of serious and intentional violations of the law and/or regulations, the Code of Ethics or the Company rules that are pertinent to or have an impact on the employment relationship, affecting the associated fiduciary relationship, without prejudice to any action allowed under law for the protection of the Company’s interests. The clawback rules provides that the activation of recoupment claims (or withdrawal of incentives awarded but not yet paid) must take place, once appropriate verification has been completed, within three years of payment (or award) in cases of error, and within five years in cases of deliberate intent to defraud.

FAQs Remuneration

Rate (SIR). Does Eni Remuneration Policy provides for the clawback of incentives? Yes, under the general principles of the Eni Remuneration Policy, it is expected the adoption of clawback mechanisms that [...] performance results related to the implementation of variable incentive plans. What are the aims of the Eni Remuneration Policy ...

6 April 2018 eni.com Section: enipedia

Remuneration Policy 2017

Remuneration Policy 2017 Remuneration Policy 2017 Overview In detail: remuneration, benefits, treatments and market references for the chairman remuneration, incentives, benefits, indemnities and market [...] positioning of remuneration is carried out on the basis of benchmarks consistent with the characteristics of Eni and the assigned roles. Variable remuneration The main change ...

22 July 2016 eni.com Section: enipedia

Remuneration Reports – Full transparency

of the Remuneration Committee, in accordance with applicable legal and regulatory requirements, defines and illustrates: in the first section, the 2018 Policy adopted by Eni for the remuneration of Directors [...] Plain for all to see We provide an annual Remuneration report: transparency in prime position. The Remuneration Report, approved by ...

6 April 2018 eni.com Section: company

Remuneration: governance, purpose and summary indicators

Read also Remuneration Policy 2017 We describe all the information on the 2017 Remuneration Policy. Remuneration: records archive The documents published on regarding remuneration. Remuneration: governance, [...] recommendations of the Corporate Governance Code for listed companies Purpose of the Remuneration Policy Eni's Remuneration Policy contributes to achieving the Company's ...

22 July 2016 eni.com Section: enipedia

Compensation and benefits

comparable competitor companies. Incentives Recognition of the achievements of our people is a fundamental aspect of our remuneration policy, and we attach great importance to incentive programmes linked to achievement [...] benefits Eni's remuneration policy is based on merit and fairness, in compliance with industry standards and the achievement of ...

12 May 2016 eni.com Section: careers

Remuneration: records archive

Remuneration report 2017 pdf 1 MB Remuneration report 2016 pdf 2 MB Remuneration report 2015 pdf 4 MB Remuneration report 2014 pdf 9 MB Remuneration report 2013 pdf 2 MB Remuneration report 2012 pdf [...] Monetary Incentive Plan 2014-2016 pdf 3 MB Remuneration report 2017 pdf 1 MB Remuneration report 2016 ...

22 July 2016 eni.com Section: enipedia

Committees' meetings and activities in 2016

addressed in the first half of the year: the periodic review of the remuneration policy implemented in 2015 in order to prepare the proposed policy guidelines for 2016; the review of Eni's results for 2015 in [...] for implementing the Deferred Monetary Incentive Plan for the CEO and General Manager ...

4 August 2017 eni.com Section: enipedia

Privacy Policy

e sinteticamente descritti al seguente art 1, offerti da Eni S.p.A., con sede in Roma, Piazza Enrico Mattei 1 (di seguito "Eni S.p.A.'' o "Eni"), società titolare dei portale identificato alla URL http: [...] to: a. subsidiary and associated companies of the Eni Group; b. public and ...

1 January 2016 eni.com Section: privacy policy

Cookie Policy

services to logged users technical Allows Flickr to provide tailored services third party Allows to recognize user session technical Allows Youtube to provide tailored services third party end of session / [...] months, 2 years according to the cookie youtube.com Allows Google to provide tailored services third party Allows Linkedin to ...

1 January 2016 eni.com Section: cookie policy

Eni SPA dividend and how they are distributed

to shareholders. Eni's remuneration policy is based on a full cash dividend and it is progressive with our underlying earnings and free cash flow growth." Eni's remuneration policy We announced an increase [...] our 2018 dividend by 3.75% to 0.83 per share , in line with our commitment ...

16 March 2018 eni.com Section: investors