50% CO2 Reduction

2040

CO2 Reduction

50%

% carbon Intensity calculated as the ratio between absolute net GHG emissions (Scope 1, 2 and 3) along the value chain of energy products and the amount of energy they contain.

External assurance by PwC (limited for all the Non Financial KPIs - reasonable for GHG emissions scope 1 and 2)

1. Currently, the SBTi is unable to accept commitments or validate targets for companies in the oil and gas or fossil fuels sectors Other comparison tool industry-specific: 2. In 2021, the TPI carbon performance assessment recognized, for the first time, the alignment of Eni's long-term emission targets with the Paris Agreement's more ambitious goal of limiting the rise in the average global temperature to 1.5°C by the end of the century. 3. The recent Research by Carbon Tracker (pag 7 of “2022 Absolute Impact - Why Oil and Gas Companies Need Credible Plans to Meet Climate Targets “) has aknowledged Eni's primacy in addressing energy transition in consideration of the fact that Eni's carbon targets address all requirement needed consisting in: •ambitions must be framed on an absolute basis •cover scope 1, 2 and 3 emissions •account for activities based on a company’s full equity share.

Independently verified