Control and Risk Committee

It supports the Board of Director, with an adequate inquiry activity, in assessments and decisions related to the internal control and risk management system (SCIGR), as well as in those concerning the periodic financial reports approval. In particular, the Committee expresses its opinion to the BoD on the periodically assess on the adequacy and the effectiveness of the SCIGR and acts in accordance with structures, functions and bodies entrusted with the management and/or supervision of SCIGR. Moreover, the Committee expresses its opinion to the Board of Directors on the adoption and modification of procedures to ensure transparency and substantial and procedural fairness of the transactions with related parties and it is called upon to express its opinion on the interest of the Company in the completion of transactions with related parties, as well as on the convenience and substantial correctness of the underlying terms. For transactions with related parties of greater importance, the Committee is involved in the preparatory stage of these transactions.

Members

  • Alessandro Lorenzi, Chairman, independent

    He has been a Board Member in Eni since May 2011, elected from the list presented by Italian and Foreign institutional investors. He was born in Turin in 1948 and is founding partner of Tokos S.r.l, Director of Ersel SIM SpA and of Mutti SpA.

     

  • Andrea Gemma, independent

    He was born in Rome in 1973 and has been a Board Member in Eni since May 2014. He is Professor of Private Law at The Third University of Rome and was visiting professor at European Universities and at Villanova University. He is member of the strategic board of the American University of Rome. He is Appeal Court Lawyer. He is also Deputy Chairman of Serenissima SGR SpA and member of the Board of Directors of Banca UBAE SpA and of Global Capital PLC.

  • Karina A. Litvack, independent

    She has been a Board Member in Eni since May 2014, elected from the list presented by Italian and Foreign institutional investors. She was born in Montreal in 1962 and graduated in Political Economy from the University of Toronto.

  • Diva Moriani, independent

    She has been a Board Member in Eni since May 2014 elected from the list presented by the Economy and Finance Ministry. She was born in Arezzo in 1968 and graduated in Economics from the University of Florence.

     

Committees of the Board of Directors

resources. Committees in 2017 On 13 April 2017, the Board of Directors established the following internal Committees: Control and Risk Committee Remuneration Committee (Compensation Committee until March 15, 2018) [...] Governance Code, namely the Control and Risk Committee, the Compensation Committee and the Nomination Committee. The Board confirmed as well the ...

25 January 2018 eni.com Section: company

Meetings and operational procedures of the Board of Statutory Auditors

the Chairman of Statutory Auditors or other auditor designated by it participates to the Control and Risk Committee meetings; anyway other Statutory Auditors can also participate. Statutory Auditors: simultaneously [...] regard to certain issues, the entire Board of Statutory Auditors attended all 13 of the Control and Risk Committee meetings and ...

27 July 2017 eni.com Section: enipedia

FAQs Board of Directors

meet? Have any internal Committees been established by the Board of Directors? What economic and financial data has to be approved by the Board of Directors? Does Eni communicate at the beginning of the [...] comprising a minimum of 3 and a maximum of 9 members. The Shareholders' Meeting of 13 ...

6 April 2018 eni.com Section: enipedia

Board of Directors

2017, the Board of Directors set up four internal advisory and consultative Committees: Control and Risk Committee Remuneration Committee (Compensation Committee until March 15, 2018) Nomination Committee

13 April 2017 eni.com Section: company

Enrico Maria Bignami

institutional investors. He was born in Milan in 1957 and he has been standing Statutory Auditor of Eni since April 2017. He is a certified chartered accountant and a certified public auditor. He is a founder [...] which he also's member of the Watch Structure, independent Director and Chairman of ...

28 March 2018 eni.com Section: company

Committees' meetings and activities in 2016

aspects of the individual and consolidated financial statements at December 31, 2015 of Eni and its subsidiaries Eni Trading & Shipping (ETS) and Syndial and Eni's half-year consolidated financial report [...] of the appointment of members of the Eni Watch Structure, board of directors and board of statutory auditors of Versalis and the members of the board of directors of Eni International BV; completed an examination

4 August 2017 eni.com Section: enipedia

Code of Ethics

Integrity and transparency Eni was one of the first European companies to create a Business Conduct Code. The first version dates back to 1994. These values are set forth in the Eni Code of Ethics , approved [...] between the Code of Ethics and the Model 231 are underlined by the assignment ...

13 December 2017 eni.com Section: company

The Internal Control and Risk Management System

of persons with access to Eni inside information has been brought into line with the new legislation; Eni has also opted to create a "permanent" section of the list for the Eni personnel who meet the strictest [...] legislation to Eni made it necessary to begin updating the MSG in 2016 ...

13 December 2017 eni.com Section: company

Integrated Risk-Management

and risks associated with the cyclical nature of the oil and gas industry. Risk-management objectives Eni has developed and adopted a model for Integrated Risk Management (IRM) that aims to ensure the company [...] medium- to long-term sustainability of the business. In addition, after consultation with the Control and Risk Committee ...

26 July 2017 eni.com Section: investors

Audit firm

Legislative Decree no. 39/2010 currently in force. Fees and services paid by Eni in 2015 and 2016 The following table shows total fees paid by Eni, its consolidated and non-consolidated subsidiaries and Eni's share [...] services provided by Eni to its public auditors Ernst & Young S.p.A. and ...

17 May 2017 eni.com Section: company