Yes, under the general principles of the Eni Remuneration Policy, it is expected the adoption of clawback mechanisms allowing to reclaim the variable remuneration components already paid, or to withhold those subject to deferral, whose achievement took place on the basis of data that subsequently proved to be manifestly misstated, or allowing the recoupment of all the incentives of the year (or the years) for which fraudulent alteration was detected in the results data used in order to achieve the right to incentives, and/or the commission of serious and deliberate violations of the law and/or regulations, the Code of Ethics or the Company rules, if relevant to the employment and trust relationship, without prejudice to any other action permitted by law and regulations to protect the interests of the Company. The clawback policy 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 allowing [...] performance results related to the implementation of variable incentive plans. What are the aims of the Eni Remuneration Policy ...

17 March 2017 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

Plain for all to see We provide an annual Remuneration report: transparency in prime position. The Remuneration Report, approved by the Board of Directors on February 28, 2017, as per the recommendation [...] regulatory requirements, defines and illustrates: in the first section, the 2017 Policy adopted by Eni for the remuneration ...

4 August 2017 eni.com Section: company

Remuneration: records archive

relating to long-term incentive plans no longer in operation Documents Remuneration report 2015 pdf 4 MB Remuneration report 2014 pdf 9 MB Remuneration report 2013 pdf 2 MB Remuneration report 2012 pdf [...] Remuneration: records archive Remuneration: records archive Overview In detail: the main published documents on remuneration, in particular the ...

22 July 2016 eni.com Section: enipedia

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

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

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

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

Compensation paid in 2016

employment Bonuses and other incentives Other Managers with strategic responsibilities(**) (15) Remuneration in the company that prepares the Financial Statements 8,595 Remuneration from subsidiaries and associates [...] fixed annual remuneration set by the Shareholders' Meeting of 8 th May, 2014. (b) The amount related to the pro-rata remuneration for the ...

1 January 2016 eni.com Section: company