Eni : Board of Directors

Approval of 2022 first tranche of dividend: € 0.22 per share

Rome, 28 July 2022 - Eni's Board of Directors, chaired by Lucia Calvosa, today resolved to distribute to Shareholders the first of the four tranches of the dividend 2022 from Eni S.p.A. available reserves[1] for the fiscal year 2022 of € 0.22 (compared to a total annual dividend of € 0,88) per share outstanding at the ex-dividend date as of 19 September 2022[2], payable on 21 September 2022[3], as announced on 18 March 2022 with the Capital Market Day and resolved by the Shareholders' Meeting of 11 May 2022.

Holders of ADRs, outstanding at the record date of 20 September 2022, will receive € 0.44 per ADR, payable on 7 October 2022[4], with each ADR listed on the New York Stock Exchange representing two Eni shares.

^{[1] Coupon No. 39}

^{[2] Depending on the recipient's fiscal status dividends are subject to a withholding tax or are treated in part as taxable income.}

^{[3] Pursuant to article 83-terdecies of the Italian Legislative Decree no. 58 of February 24, 1998, the right to receive the interim dividend is determined with reference to the entries on the books of the intermediary - as set out in art. 83-quater, paragraph 3 of the Italian Legislative Decree no. 58 of February 24, 1998 - at the end of the accounting day of the September 20, 2022 (record date).}

^{[4]On ADR payment date, Citibank, N.A. will pay Eni S.p.A.'s dividend net of the amount of the withholding tax under Italian law applicable to all Depository Trust Company Participants.}