Eni’s board of directors resolved to propose to the shareholders’ meeting the proposal to authorize the purchase of own shares (buyback) until 30 April 2023. This proposal concerns the purchase of own shares for a minimum outlay of 1.1 billion euro , which can be increased according to the Brent price scenario. In particular, Eni will update its assessment on the scenario related to the buyback program in July and October. In the presence of Brent price scenarios higher than $ 90 per barrel, Eni will proceed to increase the overall value of the buyback program by an amount equal to 30% of the associated incremental Free Cash Flow (in any case the buyback program cannot be higher to a total of € 2.5 billion) and for a maximum number of shares equal to 10% of the ordinary shares into which Eni’s share capital will be divided following the cancellation of the treasury shares purchased in 2021.