<SEC-DOCUMENT>0001104659-20-120283.txt : 20201102
<SEC-HEADER>0001104659-20-120283.hdr.sgml : 20201102
<ACCEPTANCE-DATETIME>20201102090858
ACCESSION NUMBER:		0001104659-20-120283
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		4
CONFORMED PERIOD OF REPORT:	20201031
FILED AS OF DATE:		20201102
DATE AS OF CHANGE:		20201102

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ENI SPA
		CENTRAL INDEX KEY:			0001002242
		STANDARD INDUSTRIAL CLASSIFICATION:	CRUDE PETROLEUM & NATURAL GAS [1311]
		IRS NUMBER:				000000000
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-14090
		FILM NUMBER:		201279133

	BUSINESS ADDRESS:	
		STREET 1:		PIAZZALE ENRICO MATTEI 1
		CITY:			ROME ITALY
		STATE:			L6
		ZIP:			00144
		BUSINESS PHONE:		011390659824367

	MAIL ADDRESS:	
		STREET 1:		PIAZZALE ENRICO MATTEI 1
		CITY:			ROME ITALY
		STATE:			L6
		ZIP:			00144
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>tm2034515d1_6k.htm
<DESCRIPTION>FORM 6-K
<TEXT>
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<P STYLE="font: 13pt Times New Roman, Times, Serif; margin: 0pt 14.1pt 0pt 14.2pt; text-align: center"></P>

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<P STYLE="font: 13pt Times New Roman, Times, Serif; margin: 0pt 14.1pt 0pt 14.2pt; text-align: center">&nbsp;</P>

<P STYLE="font: 13pt Times New Roman, Times, Serif; margin: 0pt 14.1pt 0pt 14.2pt; text-align: center"><FONT STYLE="font-size: 10pt"><B>SECURITIES
AND EXCHANGE COMMISSION</B></FONT></P>

<P STYLE="font: 13pt Times New Roman, Times, Serif; margin: 0pt 14.1pt 0pt 14.2pt; text-align: center"><FONT STYLE="font-size: 10pt; font-variant: small-caps">Washington,
D.C. 20549</FONT></P>

<P STYLE="font: 13pt Times New Roman, Times, Serif; margin: 0pt 14.1pt 0pt 14.2pt; text-align: center"><FONT STYLE="font-size: 10pt; font-variant: small-caps">________________________</FONT></P>

<P STYLE="font: 13pt Times New Roman, Times, Serif; margin: 0pt 14.1pt 0pt 14.2pt; text-align: center"><FONT STYLE="font-size: 10pt; font-variant: small-caps">&nbsp;</FONT></P>

<P STYLE="font: 13pt Times New Roman, Times, Serif; margin: 0pt 14.1pt 0pt 14.2pt; text-align: center"><FONT STYLE="font-size: 10pt; font-variant: small-caps">&nbsp;</FONT></P>

<P STYLE="font: 13pt Times New Roman, Times, Serif; margin: 0pt 14.1pt 0pt 14.2pt; text-align: center"><FONT STYLE="font-size: 10pt"><B>Form
6-K</B></FONT></P>

<P STYLE="font: 13pt Times New Roman, Times, Serif; margin: 0pt 14.1pt 0pt 14.2pt; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;</FONT></P>

<P STYLE="font: 13pt Times New Roman, Times, Serif; margin: 0pt 14.1pt 0pt 14.2pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 13pt Times New Roman, Times, Serif; margin: 0pt 14.1pt 0pt 14.2pt; text-align: center"><FONT STYLE="font-size: 10pt; text-transform: uppercase"><B>Report
of Foreign Issuer</B></FONT></P>

<P STYLE="font: 13pt Times New Roman, Times, Serif; margin: 0pt 14.1pt 0pt 14.2pt; text-align: center"><FONT STYLE="font-size: 10pt">Pursuant
to Rule 13a-16 or 15d-16 of</FONT></P>

<P STYLE="font: 13pt Times New Roman, Times, Serif; margin: 0pt 14.1pt 0pt 14.2pt; text-align: center"><FONT STYLE="font-size: 10pt">the
Securities Exchange Act of 1934</FONT></P>

<P STYLE="font: 13pt Times New Roman, Times, Serif; margin: 0pt 14.1pt 0pt 14.2pt"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;</FONT></P>

<P STYLE="font: 13pt Times New Roman, Times, Serif; margin: 0pt 14.1pt 0pt 14.2pt; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 13pt Times New Roman, Times, Serif; margin: 0pt 14.1pt 0pt 14.2pt; text-align: center"><FONT STYLE="font-size: 10pt">For
the month of October 2020</FONT></P>

<P STYLE="font: 13pt Times New Roman, Times, Serif; margin: 0pt 14.1pt 0pt 14.2pt; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;<B>&nbsp;</B></FONT></P>

<P STYLE="font: 13pt Times New Roman, Times, Serif; margin: 0pt 14.1pt 0pt 14.2pt; text-align: center"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 13pt Times New Roman, Times, Serif; margin: 0pt 14.1pt 0pt 14.2pt; text-align: center"><FONT STYLE="font-size: 16pt"><B>Eni
S.p.A.</B></FONT></P>

<P STYLE="font: 13pt Times New Roman, Times, Serif; margin: 0pt 14.1pt 0pt 14.2pt; text-align: center"><FONT STYLE="font-size: 10pt">(Exact
name of Registrant as specified in its charter)</FONT></P>

<P STYLE="font: 13pt Times New Roman, Times, Serif; margin: 0pt 14.1pt 0pt 14.2pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 13pt Times New Roman, Times, Serif; margin: 0pt 14.1pt 0pt 14.2pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 13pt Times New Roman, Times, Serif; margin: 0pt 14.1pt 0pt 14.2pt; text-align: center"><FONT STYLE="font-size: 10pt"><B>Piazzale
Enrico Mattei 1 -- 00144 Rome, Italy</B></FONT></P>

<P STYLE="font: 13pt Times New Roman, Times, Serif; margin: 0pt 14.1pt 0pt 14.2pt; text-align: center"><FONT STYLE="font-size: 10pt">(Address
of principal executive offices)</FONT></P>

<P STYLE="font: 13pt Times New Roman, Times, Serif; margin: 0pt 14.1pt 0pt 14.2pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 13pt Times New Roman, Times, Serif; margin: 0pt 14.1pt 0pt 14.2pt; text-align: center"><FONT STYLE="font-size: 10pt">_________________________</FONT></P>

<P STYLE="font: 13pt Times New Roman, Times, Serif; margin: 0pt 14.1pt 0pt 14.2pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 13pt Times New Roman, Times, Serif; margin: 0pt 14.1pt 0pt 14.2pt; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(Indicate
by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.)</FONT></P>

<P STYLE="font: 13pt Times New Roman, Times, Serif; margin: 0pt 14.1pt 0pt 14.2pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 13pt Times New Roman, Times, Serif; margin: 0pt 14.1pt 0pt 14.2pt; text-align: center"><FONT STYLE="font-size: 10pt">Form
20-F <U>X </U> &nbsp;&nbsp;&nbsp;&nbsp;Form 40-F</FONT></P>

<P STYLE="font: 13pt Times New Roman, Times, Serif; margin: 0pt 14.1pt 0pt 14.2pt; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 13pt Times New Roman, Times, Serif; margin: 0pt 14.1pt 0pt 14.2pt; text-align: center"><FONT STYLE="font-size: 10pt">_________________________</FONT></P>

<P STYLE="font: 13pt Times New Roman, Times, Serif; margin: 0pt 14.1pt 0pt 14.2pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 13pt Times New Roman, Times, Serif; margin: 0pt 14.1pt 0pt 14.2pt; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(Indicate
by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information
to the Commission pursuant to Rule 12g3-2b under the Securities Exchange Act of 1934.)</FONT></P>

<P STYLE="font: 13pt Times New Roman, Times, Serif; margin: 0pt 14.1pt 0pt 14.2pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 13pt Times New Roman, Times, Serif; margin: 0pt 14.1pt 0pt 14.2pt; text-align: center"><FONT STYLE="font-size: 10pt">Yes&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
No <U>X </U></FONT></P>

<P STYLE="font: 13pt Times New Roman, Times, Serif; margin: 0pt 14.1pt 0pt 14.2pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 13pt Times New Roman, Times, Serif; margin: 0pt 14.1pt 0pt 14.2pt; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">(If
 &quot;Yes&quot; is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): )</FONT></P>

<P STYLE="font: 13pt Times New Roman, Times, Serif; margin: 0pt 14.1pt 0pt 14.2pt; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

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<P STYLE="font: 13pt Times New Roman, Times, Serif; margin: 0pt 14.1pt 0pt 14.2pt; text-indent: 0.5in"></P>

<P STYLE="font: 13pt Times New Roman, Times, Serif; margin: 0pt 14.1pt 0pt 14.2pt; text-indent: 0.5in"></P>

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<P STYLE="font: 13pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt; text-transform: uppercase"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 13pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt; text-transform: uppercase"><B>Table
of contents</B></FONT></P>

<P STYLE="font: 13pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="text-transform: uppercase"><B>&nbsp;</B></FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in"><A HREF="#a_001">&middot;</A></TD><TD STYLE="text-align: justify"><A HREF="#a_001"><B>Eni:
                                         Board of Directors approves hybrid bond issue - October 1, 2020;</B></A></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in"><A HREF="#a_002">&middot;</A></TD><TD STYLE="text-align: justify"><A HREF="#a_002"><B>Eni
                                         results for the third quarter and nine months of 2020 - October 28, 2020.</B></A></TD></TR></TABLE>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0"></P>

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<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="font: 13pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>SIGNATURES</B></FONT></P>

<P STYLE="font: 13pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><B></B></FONT></P>

<P STYLE="font: 13pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 13pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf
by the undersigned, hereunto duly authorised.</FONT></P>

<P STYLE="font: 13pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 13pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">Eni S.p.A.</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif; text-align: center">&nbsp;</TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 0.5in">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 2.5in">&nbsp;</TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; font: 10pt Times New Roman, Times, Serif">/s/ Vanessa Siscaro</TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">Name:</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">Vanessa Siscaro</TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">Title:</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">Head of Corporate</TD></TR>
<TR STYLE="font: 10pt Times New Roman, Times, Serif; vertical-align: top">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif">Secretary&rsquo;s Staff Office</TD></TR>
</TABLE>
<P STYLE="font: 13pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 13pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">Date: October 31, 2020</FONT></P>

<P STYLE="font: 13pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 13pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 13pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 13pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 5.65pt"><IMG SRC="image_001.jpg" ALT="" STYLE="height: 97px; width: 88px"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><A NAME="a_001" TITLE="Eni: Board of Directors"></A><FONT STYLE="font-size: 14pt"><B>Eni: Board of Directors approves
hybrid bond issue</B></FONT></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0in; text-indent: 0in; text-align: justify"><I>Rome,
1 October 2020</I> &ndash; Eni's Board of Directors today approved the possible issue of one or more hybrid subordinated bonds,
to be placed with institutional investors, with a value up to a maximum aggregate amount of 5 billion euro, or its equivalent
in other currencies, to be issued in one or more tranches by 30 June 2022.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 5.6pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0in; text-indent: 0in; text-align: justify">The
bonds will enable Eni to pre-fund the future financial needs and to maintain a well- balanced financial structure. The bonds are
intended to be listed on one or more regulated markets.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0in; text-indent: 0in; text-align: justify"><B>Company
Contacts:</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0in; text-indent: 0in; text-align: justify"><B>Press
Office<I>:</I> Tel. +39.0252031875 &ndash; +39.0659822030</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0in; text-indent: 0in; text-align: justify"><B>Freephone
for shareholders (from Italy): 800940924</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0in; text-indent: 0in; text-align: justify"><B>Freephone for shareholders (from abroad): +</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0in; text-indent: 0in; text-align: justify"><B>80011223456 Switchboard: +39-0659821</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0in; text-indent: 0in; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; color: #0070C0; margin-top: 0; margin-bottom: 0; margin-left: 0in; text-indent: 0in; text-align: justify"><B><U>ufficio.stampa@eni.com</U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; color: #0070C0; margin-top: 0; margin-bottom: 0; margin-left: 0in; text-indent: 0in; text-align: justify"><B><U>segreteriasocietaria.azionisti@eni.com</U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; color: #0070C0; margin-top: 0; margin-bottom: 0; margin-left: 0in; text-indent: 0in; text-align: justify"><B><U>investor.relations@eni.com</U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0in; text-indent: 0in; text-align: justify"><B>Web
site: <FONT STYLE="color: #0070C0"><U>www.eni.com</U></FONT></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0in; text-indent: 0in; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif"><IMG SRC="image_002.jpg" ALT="" STYLE="height: 19px; width: 84px"></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="margin: 0pt; text-indent: 0.25in"></P>

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<P STYLE="margin: 0pt; text-indent: 0.25in"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-family: Times New Roman, Times, Serif">
<TR>
    <TD STYLE="vertical-align: top; width: 70%; font-size: 11pt"><IMG SRC="tm2034515d1_6kimg001.jpg" ALT=""><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT></TD>
    <TD STYLE="width: 30%">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Registered Head Office,</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Piazzale Enrico Mattei, 1</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">00144 Roma</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Tel. +39 06598.21</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">www.eni.com</P></TD></TR>
</TABLE>
<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 8.5pt Times New Roman, Times, Serif; margin: 0pt 0">Rome</P>

<P STYLE="font: 8.5pt Times New Roman, Times, Serif; margin: 0pt 0">October 28, 2020</P>

<P STYLE="font: 8.5pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 18.5pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: -3.95pt"><FONT STYLE="font-size: 14pt"><B><A NAME="a_002" TITLE="Eni results for the third quarter"></A>Eni
results for the third quarter and nine months of 2020 </B></FONT></P>

<P STYLE="font: 18.5pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: -3.95pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-family: Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-bottom: 2pt; width: 50%; background-color: #FFD465; padding-top: 2pt; padding-left: 5.4pt; font-size: 11pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 14pt"><B>Key operating and financial results</B></FONT></TD>
    <TD STYLE="padding-top: 2pt; width: 50%; font-size: 11pt; padding-bottom: 2pt">&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-top: #BFBFBF 1pt dotted; border-right: #BFBFBF 1pt dotted; border-left: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>IIQ
    </B></FONT></TD>
    <TD STYLE="text-indent: 12pt; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="border-top: #BFBFBF 1pt dotted; border-right: #BFBFBF 1pt dotted; border-left: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt"><B>IIIQ
    </B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="border-top: #BFBFBF 1pt dotted; border-right: #BFBFBF 1pt dotted; border-left: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt"><B>Nine
    months </B></FONT></TD></TR>
<TR>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; border-bottom: black 1pt solid; border-left: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>2020</B></FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); border-bottom: black 1pt solid; border-left: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>2020</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>2019</B></FONT></TD>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; border-bottom: black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>%
    Ch.</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); border-bottom: black 1pt solid; border-left: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>2020</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>2019</B></FONT></TD>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; border-bottom: black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>%
    Ch.</B></FONT></TD></TR>
<TR>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; border-left: #BFBFBF 1pt dotted; width: 5%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">29.20</FONT></TD>
    <TD STYLE="width: 50%; padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt">Brent dated</FONT></TD>
    <TD STYLE="white-space: nowrap; width: 8%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt">$/bbl</FONT></TD>
    <TD STYLE="border-left: #BFBFBF 1pt dotted; background-color: rgb(242,242,242); width: 5%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">43.00</FONT></TD>
    <TD STYLE="width: 5%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">61.94</FONT></TD>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; width: 8%; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(31)</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); border-left: #BFBFBF 1pt dotted; width: 5%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">40.82</FONT></TD>
    <TD STYLE="width: 5%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">64.66</FONT></TD>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; width: 8%; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(37)</FONT></TD></TR>
<TR>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; border-left: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">1.101</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt">Average EUR/USD exchange
    rate</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-left: #BFBFBF 1pt dotted; background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">1.169</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">1.112</FONT></TD>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">5</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); border-left: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">1.125</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">1.124</FONT></TD>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">0</FONT></TD></TR>
<TR>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; border-left: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">26.51</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt">Brent dated </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt">&euro;/bbl</FONT></TD>
    <TD STYLE="border-left: #BFBFBF 1pt dotted; background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">36.78</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">55.70</FONT></TD>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(34)</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); border-left: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">36.28</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">57.54</FONT></TD>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(37)</FONT></TD></TR>
<TR>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; border-left: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">75</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt">PSV</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt">&euro;/kcm</FONT></TD>
    <TD STYLE="border-left: #BFBFBF 1pt dotted; background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">95</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">131</FONT></TD>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(27)</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); border-left: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">97</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">175</FONT></TD>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(45)</FONT></TD></TR>
<TR>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; border-left: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">2.3</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt">Standard Eni Refining
    Margin (SERM)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt">$/bbl</FONT></TD>
    <TD STYLE="border-left: #BFBFBF 1pt dotted; background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">0.7</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">6.0</FONT></TD>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(88)</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); border-left: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">2.2</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">4.4</FONT></TD>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(50)</FONT></TD></TR>
<TR>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; border-left: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>1,729</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt; color: #C00000"><B>Hydrocarbon
    production</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt">kboe/d</FONT></TD>
    <TD STYLE="border-left: #BFBFBF 1pt dotted; background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>1,701</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>1,888</B></FONT></TD>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>(10)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); border-left: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>1,740</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>1,854</B></FONT></TD>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>(6)</B></FONT></TD></TR>
<TR>
    <TD STYLE="border-top: black 1pt solid; border-right: #BFBFBF 1pt dotted; border-left: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>(434)</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt; color: #C00000"><B>Adjusted
    operating profit (loss) </B></FONT><B><FONT STYLE="font-size: 8pt; color: rgb(192,0,0)"><SUP>(a)(b)</SUP></FONT></B></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt">&euro;
    million</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: #BFBFBF 1pt dotted; background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>537</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>2,159</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>(75)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); border-top: black 1pt solid; border-left: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>1,410</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>6,792</B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>(79)</B></FONT></TD></TR>
<TR>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; border-left: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>(807)</I></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 0.375in; text-indent: 12pt"><FONT STYLE="font-size: 10pt"><I>E&amp;P</I></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-left: #BFBFBF 1pt dotted; background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>515</I></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>2,141</I></FONT></TD>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>(76)</I></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); border-left: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>745</I></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>6,589</I></FONT></TD>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>(89)</I></FONT></TD></TR>
<TR>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; border-left: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>130</I></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 0.375in; text-indent: 12pt"><FONT STYLE="font-size: 10pt"><I>Global
    Gas &amp; LNG Portfolio (GGP)</I></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-left: #BFBFBF 1pt dotted; background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>64</I></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>69</I></FONT></TD>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>(7)</I></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); border-left: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>427</I></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>239</I></FONT></TD>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>79</I></FONT></TD></TR>
<TR>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; border-left: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>73</I></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 0.375in; text-indent: 12pt"><FONT STYLE="font-size: 10pt"><I>R&amp;M
    and Chemicals</I></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-left: #BFBFBF 1pt dotted; background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>21</I></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>149</I></FONT></TD>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>(86)</I></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); border-left: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>110</I></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>182</I></FONT></TD>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>(40)</I></FONT></TD></TR>
<TR>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; border-bottom: black 1pt solid; border-left: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>85</I></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 0.375in; text-indent: 12pt"><FONT STYLE="font-size: 10pt"><I>Eni
    gas e luce, Power, Renewables</I></FONT></TD>
    <TD STYLE="white-space: nowrap; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-left: #BFBFBF 1pt dotted; background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>57</I></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>15</I></FONT></TD>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; border-bottom: black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>280</I></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); border-bottom: black 1pt solid; border-left: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>333</I></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>214</I></FONT></TD>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; border-bottom: black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>56</I></FONT></TD></TR>
<TR>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; border-left: #BFBFBF 1pt dotted; padding-top: 2pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>(714)</B></FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt; color: #C00000"><B>Adjusted
    net profit (loss)</B></FONT><B><FONT STYLE="font-size: 8pt; color: rgb(192,0,0)"><SUP>(a)(c)</SUP></FONT></B></TD>
    <TD STYLE="white-space: nowrap; padding-top: 2pt; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-left: #BFBFBF 1pt dotted; background-color: rgb(242,242,242); padding-top: 2pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>(153)</B></FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>776</B></FONT></TD>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; padding-top: 2pt; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); border-left: #BFBFBF 1pt dotted; padding-top: 2pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>(808)</B></FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>2,330</B></FONT></TD>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; padding-top: 2pt; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; border-left: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>(0.20)</I></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt"><I>&nbsp;&nbsp;&nbsp;per
    share - diluted (&euro;) </I></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-left: #BFBFBF 1pt dotted; background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>(0.04)</I></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>0.22</I></FONT></TD>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); border-left: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>(0.23)</I></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>0.65</I></FONT></TD>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; border-left: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>(4,406)</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt"><B>Net profit (loss)
    </B></FONT><B><FONT STYLE="font-size: 8pt"><SUP>(c)</SUP></FONT></B></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-left: #BFBFBF 1pt dotted; background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>(503)</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>523</B></FONT></TD>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); border-left: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>(7,838)</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>2,039</B></FONT></TD>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; border-bottom: black 1pt solid; border-left: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>(1.23)</I></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt"><I>&nbsp;&nbsp;&nbsp;per
    share - diluted (&euro;) </I></FONT></TD>
    <TD STYLE="white-space: nowrap; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-left: #BFBFBF 1pt dotted; background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>(0.14)</I></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>0.15</I></FONT></TD>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; border-bottom: black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); border-bottom: black 1pt solid; border-left: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>(2.19)</I></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>0.57</I></FONT></TD>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; border-bottom: black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; border-left: #BFBFBF 1pt dotted; padding-top: 2pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>1,148</B></FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt; color: #C00000"><B>Net
    cash before changes in working capital at replacement cost </B></FONT><B><FONT STYLE="font-size: 8pt; color: rgb(192,0,0)"><SUP>(d)</SUP></FONT></B></TD>
    <TD STYLE="white-space: nowrap; padding-top: 2pt; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-left: #BFBFBF 1pt dotted; background-color: rgb(242,242,242); padding-top: 2pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>1,774</B></FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>2,573</B></FONT></TD>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; padding-top: 2pt; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>(31)</B></FONT></TD>
    <TD STYLE="padding-top: 2pt; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); border-left: #BFBFBF 1pt dotted; padding-top: 2pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>5,144</B></FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>9,162</B></FONT></TD>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; padding-top: 2pt; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>(44)</B></FONT></TD></TR>
<TR>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; border-left: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>1,403</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt; color: #C00000"><B>Net
    cash from operations </B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-left: #BFBFBF 1pt dotted; background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>1,456</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>2,055</B></FONT></TD>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>(29)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); border-left: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>3,834</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>8,667</B></FONT></TD>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>(56)</B></FONT></TD></TR>
<TR>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; border-left: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">957</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt">Net capital expenditure
    </FONT><FONT STYLE="font-size: 8pt"><SUP>(<FONT STYLE="font-family: Times New Roman, Times, Serif">e</FONT>)(f)</SUP></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-left: #BFBFBF 1pt dotted; background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">902</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">1,791</FONT></TD>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(50)</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); border-left: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">3,764</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">5,580</FONT></TD>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(33)</FONT></TD></TR>
<TR>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; border-left: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">14,329</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt">Net borrowings before
    lease liabilities ex IFRS 16</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-left: #BFBFBF 1pt dotted; background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">14,525</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">12,709</FONT></TD>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">14</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); border-left: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">14,525</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">12,709</FONT></TD>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">14</FONT></TD></TR>
<TR>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; border-left: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">19,971</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt">Net borrowings after
    lease liabilities ex IFRS 16</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-left: #BFBFBF 1pt dotted; background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">19,853</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">18,517</FONT></TD>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">7</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); border-left: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">19,853</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">18,517</FONT></TD>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">7</FONT></TD></TR>
<TR>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; border-left: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">38,839</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt">Shareholders' equity
    including non-controlling interest</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-left: #BFBFBF 1pt dotted; background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">36,533</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">51,471</FONT></TD>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(29)</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); border-left: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">36,533</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">51,471</FONT></TD>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(29)</FONT></TD></TR>
<TR>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; border-left: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>0.37</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt"><B>Leverage before
    lease liabilities ex IFRS 16</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-left: #BFBFBF 1pt dotted; background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>0.40</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>0.25</B></FONT></TD>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); border-left: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>0.40</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>0.25</B></FONT></TD>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; border-bottom: black 2.25pt double; border-left: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>0.51</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt"><B>Leverage
    after lease liabilities ex IFRS 16</B></FONT></TD>
    <TD STYLE="white-space: nowrap; border-bottom: black 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; border-left: #BFBFBF 1pt dotted; background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>0.54</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>0.36</B></FONT></TD>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; border-bottom: black 2.25pt double; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); border-bottom: black 2.25pt double; border-left: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>0.54</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>0.36</B></FONT></TD>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; border-bottom: black 2.25pt double; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: #BFBFBF 1pt dotted; border-bottom: #BFBFBF 1pt dotted; border-left: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 2pt">&nbsp;</FONT></TD>
    <TD STYLE="text-indent: 12pt; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 2pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 2pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #BFBFBF 1pt dotted; border-left: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 2pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 2pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; border-bottom: #BFBFBF 1pt dotted; padding-right: 5.4pt"><FONT STYLE="font-size: 2pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 2pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #BFBFBF 1pt dotted; border-left: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 2pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 2pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; border-bottom: #BFBFBF 1pt dotted; padding-right: 5.4pt"><FONT STYLE="font-size: 2pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="10"><FONT STYLE="font-size: 8pt">(a) Non-GAAP measure. For further information see the paragraph &quot;Non-GAAP measures&quot; on page 23.</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="10" STYLE="text-align: justify"><FONT STYLE="font-size: 8pt">(b) Due to a new Group-wide structure approved by the management last June to adhere to the decarbonization strategy underway, effective July 1, 2020 the reportable segments of the Company&rsquo;s financial reporting have been re-designed. As required by international accounting standards, the new segment information is effective as of the beginning of the reporting year with the restatement of the 2019 comparative periods. For more information see page 21.</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="6"><FONT STYLE="font-size: 8pt">(c) Attributable to Eni's shareholders.</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD COLSPAN="10" STYLE="text-align: justify"><FONT STYLE="font-size: 8pt">(d) Non-GAAP measure. Net cash provided by operating activities before changes in working capital excluding inventory holding gains or losses and provisions for extraordinary credit losses and other charges, as well as from the third quarter 2020 considering the high market volatility, changes in fair value of commodity derivatives lacking the formal criteria to be designed as hedges, for which the underlying transactions are expected to occur in future reporting periods.</FONT></TD></TR>
<TR>
    <TD COLSPAN="10"><FONT STYLE="font-size: 8pt">(e) Include capital contribution to equity accounted entities.</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD COLSPAN="10"><FONT STYLE="font-size: 8pt">(f) Net of expenditures relating to reserves acquisition, purchase of minority interests and other non-organic items.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;</FONT></P>

<P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">Today, Eni's
Board of Directors approved the consolidated results for the third quarter and the nine months of 2020 (not subject to audit).
Having examined the results, Eni CEO Claudio Descalzi said:</FONT></P>

<P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt"><I>&ldquo;In
a market environment that remains challenging, we are continuing to successfully mitigate the negative impact of this crisis and
making progress with our decarbonization strategy. We achieved excellent results during the quarter, clearly exceeding market
expectations in the face of a 30% decline in oil and gas prices, and a 90% decline in refining margins. In E&amp;P, even with
Brent at 43 $/barrel, we achieved production levels in line with our expectations, and an EBIT of &euro;0.52 billion, double consensus
estimates. In a quarter that is traditionally weaker seasonally, the Global Gas &amp; LNG Portfolio has achieved significant results.
R&amp;M has shown its resilience in a particularly unfavourable scenario for traditional refining, driven by strong marketing
performance, particularly in biofuels, as our two biorefineries allowed us to capture advantageous market opportunities. The growth
of gas retail, driven by customer loyalty, and the stable results of the power and oil products marketing, helped to offset the
impact of an extremely negative scenario in traditional refining and chemicals. Over the last nine months, thanks to the reduction
in capex and costs efficiencies implemented earlier this year, we generated an operating cash flow of over &euro;5 billion, compared
to a level of capex equal to &euro;3.8 billion. These results showcase our robust capital structure that has been further strengthened
by the two hybrid bond issues of &euro;3 billion made in October, which have allowed us to keep leverage below 30%. Faced with
a crisis of unprecedented proportions, Eni has demonstrated great resilience and flexibility. In light of these results, we look
forward to a recovery in demand, whilst continuing to pursue our energy transition program.</I>&rdquo;</FONT></P>

<P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>


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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 13pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>Eni&rsquo;s new organizational structure
and segment reporting<SUP>1</SUP></B></P>

<P STYLE="font: 13pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt"><B><SUP>&nbsp;</SUP></B></FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">On June 4,
2020, Eni&rsquo;s Board of Directors established a new organizational structure with two business groups to align with an ongoing
strategic shift. The &ldquo;Natural Resources&rdquo; business group is responsible for enhancing the upstream oil &amp; gas portfolio
in a sustainable manner, focusing also on energy efficiency activities, projects for forests conservation (REDD+) and carbon capture
and storage projects. In addition to E&amp;P, this business group comprises the results of the wholesale gas and LNG businesses
as well as the activity of environmental clean-up and remediation managed by our subsidiary Eni Rewind. The other business group
 &ldquo;Energy Evolution&rdquo; is responsible for progressing the generation, transformation and retail and marketing businesses
from fossil to bio, blue and green products. This business group comprises the results of the Refining &amp; Marketing business,
the chemical business managed by Versalis SpA and its subsidiaries, the retail gas and power business managed by Eni gas e luce
and the business of producing and selling power from thermoelectric plants and renewable sources.</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">The new organizational
structure is a fundamental step towards the implementation of Eni&rsquo;s 2050 strategy aimed at leading the market for the supply
of de-carbonized products, combining value creation, businesses sustainability and economic and financial robustness.</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">In re-designing
the Group&rsquo;s segmental information for financial reporting purposes, the management evaluated that the components of the
Company whose operating results are regularly reviewed by the CEO (Chief Operating Decision Maker as defined by IFRS 8) to make
decisions about the allocation of resources and to assess performances would continue being the single business units which are
comprised in the two newly-established business groups, rather than the two groups themselves. Therefore, in order to comply with
the provisions of the international reporting standard that regulates the segment reporting (IFRS 8), the new reportable segments
of Eni, substantially confirming the pre-existing setup, are identified as follows:</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">-</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Exploration &amp;
    Production</B>, which also comprises the economics of the forestry projects (REDD+) and projects for CO<SUB>2</SUB> capture
    and storage;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">-</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Global Gas &amp;
    LNG Portfolio (GGP)</B>: engages in the wholesale activity of supplying and selling natural gas via pipeline and LNG, and
    the international transport activity. It also comprises gas trading activities targeting to both hedge and stabilize the Group
    commercial margins and optimize the gas asset portfolio;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">-</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Refining &amp;
    Marketing and Chemicals</B>: engages in the manufacturing, supply and distribution and marketing activities of oil products
    and chemical products and also in trading. Oil and products trading activities are designed to perform supply balancing transactions
    on the market and to stabilize or hedge commercial margins;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">-</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Eni gas e luce,
    Power, Renewables</B>: engages in the activities of retail marketing of gas, power and related services, as well as in the
    production and wholesale marketing of power produced by both thermoelectric plants and from renewable sources. It also comprises
    trading activities of CO<SUB>2</SUB> emission allowances and of forward sales of power to help stabilize/hedge the clean crack
    spreads of power;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">-</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Corporate and
    Other activities</B>: include the costs of the main business support functions, as well as the results of the Group environmental
    clean-up and remediation activities performed by the subsidiary Eni Rewind.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-family: Times New Roman, Times, Serif">
<TR STYLE="vertical-align: top">
    <TD STYLE="padding: 2pt 5.4pt; width: 50%; background-color: #FFD465"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 14pt"><B>Highlights for the third quarter and nine months</B></FONT></TD>
    <TD STYLE="padding-top: 2pt; width: 50%; padding-bottom: 2pt">&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 13pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; color: #C00000">&nbsp;</P>

<P STYLE="font: 13pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; color: #C00000">Exploration &amp; Production</P>

<P STYLE="font: 13pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; color: #C00000"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0px"><FONT STYLE="font-size: 10pt"></FONT></TD>
    <TD STYLE="width: 24px"><FONT STYLE="font-family: Symbol; font-size: 10pt; color: #C00000">&middot;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Hydrocarbon production:
    1.7 million boe/d </B>in the third quarter 2020, down by 10% compared to the third quarter 2019 (1.74 million boe/d in the
    nine months, down by 6%). </FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">-</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Net of price effects,
    the decline was due to COVID-19 impacts and related OPEC+ production cuts as well as lower gas demand, mainly in Egypt. Production
    start-ups/ramp-ups in Algeria and Mexico, a better performance in Nigeria, as well as portfolio contributions in Norway, were
    partly offset by lower volumes in Libya driven by an expected contractual trigger, lower entitlements/spending and losses
    due to force majeure, as well as mature field declines.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="text-align: justify; font: 11pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 8pt"><SUP>1 </SUP>The new Eni segment
information including the restatement of the previous reporting periods and the nine months/third quarter 2020 results showing
both the new and the previous segmental information is reported on page 21.</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;&nbsp;</P>


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    <!-- Field: /Page -->

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">-</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">In the nine months
    start-ups and ramp-ups added 104 kboe/d mainly in Mexico (ramp-up of Area 1), Algeria (Berkine gas field start-up), Congo
    (Nen&egrave; phase 2B start-up) and Angola (Agogo oilfield start-up).</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0px"><FONT STYLE="font-size: 10pt"></FONT></TD>
    <TD STYLE="width: 24px"><FONT STYLE="font-family: Symbol; font-size: 10pt; color: #C00000">&middot;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>New exploration
    acreage in the nine months</B>:</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 19px"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #666666">-</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">awarded the operatorship
    of Block 28 (Eni w.i. 60%) in the Namibe and Benguela basins <B>offshore Angola</B>;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 19px"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #666666">-</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">awarded to the JV
    V&aring;r Energi <B>17 new exploration licenses </B>(7 of which operated) in the three main basins of the <B>Norwegian</B>
    continental shelf;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 19px"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #666666">-</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">awarded in <B>Indonesia
    </B>the <B>West Ganal block</B> (Eni operator, w.i. 40%).</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0px"><FONT STYLE="font-size: 10pt"></FONT></TD>
    <TD STYLE="width: 24px"><FONT STYLE="font-family: Symbol; font-size: 10pt; color: #C00000">&middot;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Exploration:
    additions of more than 300 million boe of new resources expected for the full year at approximately 2 $/boe thanks to the
    successes achieved in the year</B>:</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 19px"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #666666">-</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">increased to 1 billion
    barrels the oil in place at the <B>Agogo </B>discovery in <B>Block 15/06 </B>(Eni operator, w.i. 36.8%), offshore Angola,
    following a successful appraisal well;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 19px"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #666666">-</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">made an oil discovery
    in the <B>Saasken</B> exploration prospect in <B>Block 10 </B>(Eni operator, w.i. 65%), <B>offshore Mexico</B>. Estimated
    200-300 million barrels of oil in place;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 19px"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #666666">-</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">made a gas and condensate
    discovery in the <B>exploration prospect Mahani-1 </B>(Eni w.i. 50%), onshore the <B>Sharjah Emirate (UAE)</B>, in the Concession
    B area, just one year after signing the concession agreement;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 19px"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #666666">-</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">made a gas discovery
    in the <B>Bashrush prospect </B>(Eni operator, w.i. 37.5%) in the <B>Nile Delta</B>, close to the Nooros and Baltim South
    West fields. The well was successfully tested delivered a production up to 32 million standard cubic feet per day of gas;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 19px"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #666666">-</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">made an oil discovery
    in the <B>South West Meleiha</B> concession (Eni operator, w.i. 100%), in the <B>Western Desert of Egypt</B>, which supported
    the production ramp-up at the concession up to 12 kboe/d, just one year after the start-up in July 2019;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 19px"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #666666">-</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">increased reserves
    estimates to 200-250 billion cubic meters of gas in place and 400-500 million of barrels of condensate in place at the <B>Ken
    Bau </B>discovery in Block 114 (Eni operator, w.i. 50%), <B>offshore Vietnam</B>;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 19px"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #666666">-</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">made a gas discovery
    in the Abu Madi West (Eni operator, w.i. 75%) concession in the <B>Great Nooros Area</B> in the Nile Delta.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0px"><FONT STYLE="font-size: 10pt"></FONT></TD>
    <TD STYLE="width: 24px"><FONT STYLE="font-family: Symbol; font-size: 10pt; color: #C00000">&middot;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Path to decarbonization</B>:
    awarded by the UK Oil and Gas Authority a license for building a carbon storage project in depleted offshore fields located
    in the Liverpool Bay and the Irish Sea.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0px"><FONT STYLE="font-size: 10pt"></FONT></TD>
    <TD STYLE="width: 24px"><FONT STYLE="font-family: Symbol; font-size: 10pt; color: #C00000">&middot;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>E&amp;P&rsquo;s
    adjusted operating profit </B>of &euro;0.52 billion for the third quarter 2020 increased strongly from the second quarter
    2020 loss of &euro;0.81 billion. It was still remarkably down compared to the third quarter of last year (-76%), driven by
    materially lower hydrocarbon prices and production losses due to the effects of the COVID-19 pandemic on the economy and the
    energy demand (adjusted operating profit of &euro;0.75 billion in the nine months, down by 89% y-o-y).</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 13pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; color: #C00000">Global Gas &amp; LNG Portfolio</P>

<P STYLE="font: 13pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; color: #C00000"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0px"><FONT STYLE="font-size: 10pt"></FONT></TD>
    <TD STYLE="width: 24px"><FONT STYLE="font-family: Symbol; font-size: 10pt; color: #C00000">&middot;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>GGP&rsquo;s adjusted
    operating result</B>: &euro;64 million in the third quarter, down by 7% compared to the same period of 2019 due to an unfavourable
    trading environment. In the nine months, adjusted operating profit was &euro;0.43 billion, up by 79% compared to the same
    period of 2019 driven by the optimization of the gas and the LNG assets portfolio, leveraging elevated price volatility.</FONT>
    <FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt"></FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;&nbsp;</P>

<P STYLE="font: 13pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; color: #C00000">Refining &amp; Marketing
and Chemicals</P>

<P STYLE="font: 13pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; color: #C00000"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0px"><FONT STYLE="font-size: 10pt"></FONT></TD>
    <TD STYLE="width: 24px"><FONT STYLE="font-family: Symbol; font-size: 10pt; color: #C00000">&middot;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Achieved stable
    run rates at the <B>Gela bio-refinery</B> with throughputs 60% higher than budgeted. </FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0px"><FONT STYLE="font-size: 10pt"></FONT></TD>
    <TD STYLE="width: 24px"><FONT STYLE="font-family: Symbol; font-size: 10pt; color: #C00000">&middot;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Restarted and
    upgraded the Crescentino plant </B>for the production of a bioethanol disinfectant from corn glucose syrup, based on the formulation
    provided by the WHO for a medical application; restarted the biomass power plant for renewable electricity generation. </FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0px"><FONT STYLE="font-size: 10pt"></FONT></TD>
    <TD STYLE="width: 24px"><FONT STYLE="font-family: Symbol; font-size: 10pt; color: #C00000">&middot;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">In July 2020, Versalis
    finalized the acquisition of a 40% interest in <B>Finproject</B>, a company engaged in the production of high-performance
    polymers, increasing exposure to products more resilient to the volatility of the chemicals scenario. </FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0px"><FONT STYLE="font-size: 10pt"></FONT></TD>
    <TD STYLE="width: 24px"><FONT STYLE="font-family: Symbol; font-size: 10pt; color: #C00000">&middot;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Versalis signed
    an agreement with <B>COREPLA</B> (National Consortium for the Collection, Recycling and Recovery of Plastic Packaging) to
    develop effective solutions to reutilize plastics applying Eni&rsquo;s expertise in the fields of gasification and chemical
    recycling by means of pyrolysis.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0px"><FONT STYLE="font-size: 10pt"></FONT></TD>
    <TD STYLE="width: 24px"><FONT STYLE="font-family: Symbol; font-size: 10pt; color: #C00000">&middot;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Versalis signed
    an agreement with <B>Forever S.p.A.,</B> a leading Italian company in the recovery and recycling of post-consumer plastic
    to develop and market a new range of solid polystyrene products made from recycled packaging.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0px"><FONT STYLE="font-size: 10pt"></FONT></TD>
    <TD STYLE="width: 24px"><FONT STYLE="font-family: Symbol; font-size: 10pt; color: #C00000">&middot;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>R&amp;M&rsquo;s
    adjusted operating profit </B>of &euro;74 million in the third quarter, down by 66% y-o-y, was affected by a significantly
    depressed scenario affected by the crisis of fuels demand due to the COVID-19 pandemic, resulting in products crack spreads
    at multi-year lows, reduced refinery runs and lower sales volumes, in an overcapacity context and high inventory levels. Instead,
    bio-refineries performed strongly due to the ramp-up of the Gela plant with increasing volumes to satisfy growing demand needs.
    In the nine months 2020, adjusted operating profit of &euro;294 million was down by 10% from the same period of the previous
    year.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0px"><FONT STYLE="font-size: 10pt"></FONT></TD>
    <TD STYLE="width: 24px"><FONT STYLE="font-family: Symbol; font-size: 10pt; color: #C00000">&middot;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Chemicals&rsquo;
    adjusted operating result</B>: the third quarter result improved y-o-y (up by 24%) thanks to a moderate recovery in demand
    and better plant performance. In the nine months, the result (down by 28% y-o-y) was negatively affected by a significant
    drop in commodity demand due to the global downturn.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 13pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; color: #C00000">Eni gas e luce, Power,
Renewables</P>

<P STYLE="font: 13pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; color: #C00000"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0px"><FONT STYLE="font-size: 10pt"></FONT></TD>
    <TD STYLE="width: 28px"><FONT STYLE="font-family: Symbol; font-size: 10pt; color: #C00000">&middot;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Acquired a 20% interest
    in <B>Tate s.r.l.</B>, a start-up operating in the activation and management of electricity and gas contracts through digital
    solutions.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0px"><FONT STYLE="font-size: 10pt"></FONT></TD>
    <TD STYLE="width: 28px"><FONT STYLE="font-family: Symbol; font-size: 10pt; color: #C00000">&middot;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Launched a strategic
    partnership with <B>OVO</B> targeting the residential market in France to raise customer awareness for a responsible use of
    energy and access to zero-emission technologies leveraging digitalization. </FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0px"><FONT STYLE="font-size: 10pt"></FONT></TD>
    <TD STYLE="width: 28px"><FONT STYLE="font-family: Symbol; font-size: 10pt; color: #C00000">&middot;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Increased <B>the
    customer base in the gas &amp; power retail market</B> by adding 120,000 delivery points from the end of 2019 (up by 1.3%)
    due to growth in Italy and in other markets in Europe, notwithstanding the pandemic impact.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0px"><FONT STYLE="font-size: 10pt"></FONT></TD>
    <TD STYLE="width: 28px"><FONT STYLE="font-family: Symbol; font-size: 10pt; color: #C00000">&middot;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Expansion of
    the generation capacity in renewable energies</B>: as of September 30, 2020, reached an installed capacity of 276 MW (up by
    102 MW compared to December 31, 2019).</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0px"><FONT STYLE="font-size: 10pt"></FONT></TD>
    <TD STYLE="width: 28px"><FONT STYLE="font-family: Symbol; font-size: 10pt; color: #C00000">&middot;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Closed in the U.S.A.
    the <B>acquisition </B>from Falck Renewables of <B>a 49% stake</B> in <B>five operating photovoltaic plants</B> (for a total
    installed capacity of 56.6 MW net to Eni), including storage capacity.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0px"><FONT STYLE="font-size: 10pt"></FONT></TD>
    <TD STYLE="width: 28px"><FONT STYLE="font-family: Symbol; font-size: 10pt; color: #C00000">&middot;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Within the partnership
    with Falck Renewables to develop joint activities in the USA, Eni signed, through its subsidiary Novis Renewables Holdings
    (Eni&rsquo;s interest 49%), an agreement with Building Energy SpA to acquire <B>Building Energy Holdings US (BEHUS)</B> managing
    62 MW of wind and solar capacity fully in operation in the U.S.A. and a pipeline of wind projects of up to 160 MW. Production
    from already in operation BEHUS assets is expected to avoid over 93 ktons of CO<SUB>2</SUB>/y.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0px"><FONT STYLE="font-size: 10pt"></FONT></TD>
    <TD STYLE="width: 28px"><FONT STYLE="font-family: Symbol; font-size: 10pt; color: #C00000"><STRIKE>&middot;</STRIKE></FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Acquired from Asja
    Ambiente <B>three wind projects </B>for a <B>total capacity of 35.2 MW</B> expected to produce approximately 81 GWh/y, avoiding
    around 33 ktons of CO<SUB>2</SUB>/y. </FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0px"><FONT STYLE="font-size: 10pt"></FONT></TD>
    <TD STYLE="width: 28px"><FONT STYLE="font-family: Symbol; font-size: 10pt; color: #C00000">&middot;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Started in July
    a <B>photovoltaic plant at Volpiano</B> (total capacity of 18 MW), with an expected production of 27 GWh/y, avoiding 370 ktons
    of CO<SUB>2</SUB> emissions over the service life of the plant.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0px"><FONT STYLE="font-size: 10pt"></FONT></TD>
    <TD STYLE="width: 28px"><FONT STYLE="font-family: Symbol; font-size: 10pt; color: #C00000">&middot;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>EGL, Power, Renewables&rsquo;
    adjusted operating result</B>: &euro;57 million in the third quarter of 2020, an almost fourfold increase compared to the
    same period of 2019 (&euro;333 million in the nine months of 2020, up by 56% from the same period of 2019). The positive performance
    leveraged on solid and growing results reported by the retail business, despite lower seasonal sales and the COVID-19 impact
    on demand and counterparty risk.</FONT> <FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt"></FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 13pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; color: #C00000">ESG performance</P>

<P STYLE="font: 13pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; color: #C00000"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0px"><FONT STYLE="font-size: 10pt"></FONT></TD>
    <TD STYLE="width: 28px"><FONT STYLE="font-family: Symbol; font-size: 10pt; color: #C00000">&middot;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Positive assessment
    of our ESG (Environmental, Social and Governance) performance made by institutions including MSCI, CDP, Sustainalytics, Vigeo,
    Bloomberg ES and from the Transition Pathways Initiative, confirming the company's leading focus on sustainability.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0px"><FONT STYLE="font-size: 10pt"></FONT></TD>
    <TD STYLE="width: 28px"><FONT STYLE="font-family: Symbol; font-size: 10pt; color: #C00000">&middot;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Confirmed in the
    FTSE4Good Developed markets and this year in the ESG iTraxx index.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 13pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; color: #C00000">Group results</P>

<P STYLE="font: 13pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; color: #C00000"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt"><B>Results
were significantly impacted by the combined effects of the economic downturn due to COVID-19 that suppressed energy demand and
caused oversupplied markets. The third quarter performance showed a noticeable improvement over the previous quarter due to a
better balance in oil market fundamentals, against the backdrop of a slow economic recovery and uncertainties about the containment
of the pandemic with repercussions on travel.</B></FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0px"><FONT STYLE="font-size: 10pt"></FONT></TD>
    <TD STYLE="width: 24px"><FONT STYLE="font-family: Symbol; font-size: 10pt; color: #C00000">&middot;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Adjusted operating
    profit</B> of &euro;0.54 billion in the third quarter 2020 increased significantly from the second quarter 2020 loss (up by
    &euro;1 billion). Compared to the year-ago quarter, the quarterly performance (down by 75%) was materially hit by the downturn
    in energy demand driven by the COVID-19 pandemic. In the nine months of 2020, adjusted operating profit was &euro;1.41 billion
    (down by 79% compared to same period of 2019).</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify"><FONT STYLE="font-size: 10pt">Net
of scenario effects of -&euro;1.6 billion in the quarter (-&euro;5.1 billion in the nine months) and the operational effects of
COVID-19 for -&euro;0.3 billion (-&euro;0.8 billion in the nine months)<SUP>2</SUP>, the underlying performance was a positive
 &euro;0.3 billion in the quarter (+&euro;0.5 billion in the nine months).</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0px"><FONT STYLE="font-size: 10pt"></FONT></TD>
    <TD STYLE="width: 24px"><FONT STYLE="font-family: Symbol; font-size: 10pt; color: #C00000">&middot;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Adjusted net
    result: </B>adjusted net loss at &euro;0.15 billion in the third quarter and &euro;0.81 billion in the nine months.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0px"><FONT STYLE="font-size: 10pt"></FONT></TD>
    <TD STYLE="width: 24px"><FONT STYLE="font-family: Symbol; font-size: 10pt; color: #C00000">&middot;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Net result</B>:
    the Group reported a net loss of &euro;0.5 billion in the third quarter of 2020, negatively impacted by lack of recognition
    of deferred tax assets for losses of the period. In the nine months, the net loss was &euro;7.84 billion due to the recognition
    of pre-tax impairment losses at non-current assets for &euro;2.75 billion mainly relating to oil and gas assets and refinery
    plants, due to a revised outlook for oil and natural gas prices and product margins, an inventory loss of &euro;1.4 billion
    due to the alignment of the book value to current market prices, as well as by the write-off of deferred tax assets (&euro;0.8
    billion).</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0px"><FONT STYLE="font-size: 10pt"></FONT></TD>
    <TD STYLE="width: 24px"><FONT STYLE="font-family: Symbol; font-size: 10pt; color: #C00000">&middot;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Adjusted net
    cash before changes in working capital at replacement cost</B>: &euro;5.14 billion in the nine months of 2020, down by 44%
    versus the nine months of 2019 (&euro;1.77 billion in the third quarter 2020, down by 31%) driven by negative scenario effects
    for approximately -&euro;4.8 billion, including the impact of dividends from equity accounted entities, operational impacts
    associated with the COVID-19 for -&euro;0.9 billion, while the underlying performance was a positive &euro;1.7 billion.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0px"><FONT STYLE="font-size: 10pt"></FONT></TD>
    <TD STYLE="width: 24px"><FONT STYLE="font-family: Symbol; font-size: 10pt; color: #C00000">&middot;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Net cash from
    operations</B>: &euro;3.83 billion in the nine months, down by 56% from the nine months 2019. </FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0px"><FONT STYLE="font-size: 10pt"></FONT></TD>
    <TD STYLE="width: 24px"><FONT STYLE="font-family: Symbol; font-size: 10pt; color: #C00000">&middot;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Net investments</B>:
    &euro;3.76 billion, down by 33% due to the curtailment of the capex plan adopted since March 2020, fully funded by the adjusted
    cash flow.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0px"><FONT STYLE="font-size: 10pt"></FONT></TD>
    <TD STYLE="width: 24px"><FONT STYLE="font-family: Symbol; font-size: 10pt; color: #C00000">&middot;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Net borrowings</B>:
    &euro;19.85 billion (&euro;14.53 billion when excluding lease liabilities), up by &euro;2.7 billion from December 31, 2019.
    </FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT>&nbsp;</P>

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<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 1pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 8pt"><SUP>2 </SUP>They
comprise a reduction in hydrocarbon production due to capex cut and lower global gas demand, lower offtakes at LNG supply in Asia,
lower production sale volumes in R&amp;M and Chemicals, higher allowances for doubtful accounts due to an expected deterioration
in the counterparty risk.</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 5pt">&nbsp;</FONT></P>

<P STYLE="font: 5pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>


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<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0px"><FONT STYLE="font-size: 10pt"></FONT></TD>
    <TD STYLE="width: 24px"><FONT STYLE="font-family: Symbol; font-size: 10pt; color: #C00000">&middot;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Leverage</B>:
    0.40, before the effect of IFRS 16, higher than the ratio at December 31, 2019 (0.24) and at June 30, 2020 (0.37). Including
    IFRS 16, leverage was 0.54.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0px"><FONT STYLE="font-size: 10pt"></FONT></TD>
    <TD STYLE="width: 24px"><FONT STYLE="font-family: Symbol; font-size: 10pt; color: #C00000">&middot;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">On October 6, 2020
    <B>two hybrid bonds were successfully issued, rising an overall financing of &euro;3 billion</B>. The proforma leverage as
    of September 30, 2020 including this issuance as equity instruments would be 0.29.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
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    <TD STYLE="padding: 2pt 5.4pt; width: 50%; background-color: #FFD465"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 14pt"><B>Outlook 2020</B></FONT></TD>
    <TD STYLE="width: 50%">&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt; background-color: white">Management
expects the fourth quarter to be in line with the business trends recorded in the just-ended quarter, which featured high volatility
in energy commodity prices due to an uncertain and uneven economic recovery. Possible downside risks. The fundamentals of the
oil market are anticipated to remain weak due to continuing oversupply, high global inventory levels and a sluggish pace in demand
growth due to a complex pandemic situation which is weighing on economic activity, trade and travel. The same trends are expected
in the other business segments. The Brent price is estimated at approximately 40 $/barrel for the year; PSV gas price at 3 $/mmBTU;
SERM margin at 2.4 $/barrel. In 2021, expected a rebound in energy demand.</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">During the
year 2020, in response to an unprecedented crisis for the oil industry due to the fall in energy demand caused by the COVID-19
pandemic and continued pressure on product prices, Eni&rsquo;s management has repeatedly reviewed business plans and operating
schedules to adapt the business to the current challenges, defining a set of actions and initiatives designed to strengthen liquidity
and the robustness of the balance sheet, to preserve profitable operations and increase the portfolio resilience to the scenario,
without impairing the Company's ability to grow as soon as macro-economic conditions improve, while accelerating the low-carbon
evolution of the business.</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">The initiatives
already announced and implemented comprise:</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0px"><FONT STYLE="font-size: 10pt"></FONT></TD>
    <TD STYLE="width: 19px"><FONT STYLE="font-family: Symbol; font-size: 10pt; color: #C00000">&middot;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; background-color: white"><B>Assumed
    a more conservative oil scenario with a LT Brent at 60 $/barrel </B>in real terms 2023 (compared to the previous projection
    of 70 $/barrel) to reflect the possible structural effects of the pandemic on oil demand and the strong &quot;green&quot;
    footprint of the economic measures for the recovery launched by various countries and the EU, which could possibly accelerate
    the pace of the transition to a low-carbon economy. Recognized &euro;2.75 billion of plants impairment losses due to the changed
    price assumptions;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0px"><FONT STYLE="font-size: 10pt"></FONT></TD>
    <TD STYLE="width: 19px"><FONT STYLE="font-family: Symbol; font-size: 10pt; color: #C00000">&middot;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; background-color: white"><B>Launched
    a new Company structure</B> to align the shape of the business with the transformation being implemented by Eni aimed at leading
    the market for the supply of decarbonized products and at achieving a more balanced portfolio, featuring less exposure to
    the volatility of hydrocarbon prices;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0px"><FONT STYLE="font-size: 10pt"></FONT></TD>
    <TD STYLE="width: 19px"><FONT STYLE="font-family: Symbol; font-size: 10pt; color: #C00000">&middot;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Defined a new
    shareholder remuneration policy</B> aligned to the current market conditions, characterized by high volatility and depressed
    oil and gas prices, which provides an annual dividend consisting of a floor amount currently set at &euro;0.36 per share,
    when the annual Brent is at least 45 $/barrel, and a growing variable component which will increase when the Brent price grows
    up to 60 $/barrel, beyond which the buy-back plan will be reactivated.&nbsp;The floor amount will increase depending on the
    results of the Company&rsquo;s growth strategy and will be reviewed every year. The floor dividend will be paid in 2020 notwithstanding
    today&rsquo;s forecast of an annual average Brent price of 40 $/barrel: one third of that amount has been paid in September
    as interim dividend.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">Management
is currently executing on several initiatives which comprise:</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0px"><FONT STYLE="font-size: 10pt"></FONT></TD>
    <TD STYLE="width: 19px"><FONT STYLE="font-family: Symbol; font-size: 10pt; color: #C00000">&middot;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; background-color: white"><B>In
    2020, investment optimizations of &euro;2.6 billion</B> (for a total reduction of 35% compared to the original plans); <B>cost
    optimizations of &euro;1.4 billion</B>. Expected annual capex level at &euro;5.2 billion (on a constant exchange rate);</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0px"><FONT STYLE="font-size: 10pt"></FONT></TD>
    <TD STYLE="width: 19px"><FONT STYLE="font-family: Symbol; font-size: 10pt; color: #C00000">&middot;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>In 2021</B> planned
    <B>cost reductions of &euro;1.4 billion and lower investments of &euro;2.4 billion</B>;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0px"><FONT STYLE="font-size: 10pt"></FONT></TD>
    <TD STYLE="width: 19px"><FONT STYLE="font-family: Symbol; font-size: 10pt; color: rgb(192,0,0)">&middot;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>2020-2021 capex
    optimizations almost fully focused in the E&amp;P segment</B>. Higher investments expected for 2022-2023 for an overall amount
    of &euro;800 million targeting growth at the green businesses (bio-refineries, renewables and retail customers expansion);</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0px"><FONT STYLE="font-size: 10pt"></FONT></TD>
    <TD STYLE="width: 19px"><FONT STYLE="font-family: Symbol; font-size: 10pt; color: #C00000">&middot;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Confirmed 2020
    production target within the range of 1.72-1.74 mboe/d</B> including OPEC+ cuts, in line with what previously announced, based
    on capex curtailments in response to the COVID-19 crisis, the reduction of worldwide gas demand (also partly related to the
    pandemic) and the extension of force majeure in Libya until the end of September 2020. Reviewed the target production profile
    of 2023 to approximately 2 million boe/d;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0px"><FONT STYLE="font-size: 10pt"></FONT></TD>
    <TD STYLE="width: 19px"><FONT STYLE="font-family: Symbol; font-size: 10pt; color: #C00000">&middot;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Advanced agreements
    this year on <B>gross disposals</B> of around &euro;1 billion;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0px"><FONT STYLE="font-size: 10pt"></FONT></TD>
    <TD STYLE="width: 19px"><FONT STYLE="font-family: Symbol; font-size: 10pt; color: #C00000">&middot;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">At management&rsquo;s
    assumption of an average Brent price of 40 $/bbl for the FY 2020, expected <B>adjusted cash flow before working capital changes
    </B>of &euro;6.5 billion, which will enable the Company to fund the expected capex for 2020. Compared to the initial guidance
    of &euro;11.5 billion at a Brent price of 60 $/barrel, the shortfall is attributable to lower hydrocarbon prices (for a total
    effect of approximately -&euro;4.5 billion) and COVID-19 impact (approximately -&euro;1.7 billion), offset by opex savings
    and a better performance for &euro;1.2 billion;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0px"><FONT STYLE="font-size: 10pt"></FONT></TD>
    <TD STYLE="width: 19px"><FONT STYLE="font-family: Symbol; font-size: 10pt; color: #C00000">&middot;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Sensitivity of
    the cash flow to movements in crude oil prices</B>: estimated approximately &euro;170 million of cash flow variation for each
    one-dollar change in the Brent crude oil prices and commensurate changes in gas prices applicable to deviation in a range
    of 5-10 $/bbl from the base-case scenario, also assuming no further management initiatives and excluding effects on dividends
    from equity accounted entities;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0px"><FONT STYLE="font-size: 10pt"></FONT></TD>
    <TD STYLE="width: 19px"><FONT STYLE="font-family: Symbol; font-size: 10pt; color: #C00000">&middot;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Revision of the
    2020 guidance for adjusted EBIT of the mid-downstream</B>: GGP is expected at &euro;0.2 billion, while R&amp;M (including
    the pro-forma Eni&rsquo;s share of ADNOC refining and trading results), Versalis, the gas and power retail business and the
    power production business are expected to earn more than &euro;0.3 billion, down from the previous overall guidance &euro;0.8
    billion mainly due to a deteriorated refining scenario, assuming SERM refining margin of 2.7 $/bbl on average in the fourth
    quarter;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0px"><FONT STYLE="font-size: 10pt"></FONT></TD>
    <TD STYLE="width: 19px"><FONT STYLE="font-family: Symbol; font-size: 10pt; color: #C00000">&middot;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; background-color: white"><B>Liquidity</B>:
    Eni is well equipped to </FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">withstand the downturn
    leveraging on the <B>resilience of its portfolio of conventional oil and gas properties with low break-even prices and a robust
    financial framework</B>. <FONT STYLE="background-color: white">At September 30, 2020, the Company can count on a <B>liquidity
    reserve</B> of approximately &euro;17.4 billion, </FONT>consisting of &euro;6.88 billion of cash and cash equivalents, &euro;5.61
    billion of readily disposable securities, &euro;0.35 billion of short-term financing receivable and &euro;4.56 billion of
    committed undrawn credit facilities<FONT STYLE="background-color: white">.</FONT></FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>


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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="padding: 2pt 5.4pt; width: 50%; background-color: #FFD465"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 14pt"><B>Business segments operating results</B></FONT></TD>
    <TD STYLE="width: 50%">&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 16pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Exploration &amp; Production</B></P>

<P STYLE="font: 16pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 8pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; color: #C00000"><B>Production and prices</B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; color: #C00000"><FONT STYLE="font-size: 6pt"><B>&nbsp;</B></FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>IIQ
    </B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>IIIQ
    </B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Nine
    months </B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>2020</B></FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; background-color: #F2F2F2; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: black"><B>2020</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>2019</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>%
    Ch.</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; background-color: #F2F2F2; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: black"><B>2020</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>2019</B></FONT></TD>
    <TD STYLE="white-space: nowrap; border-bottom: black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>%
    Ch.</B></FONT></TD></TR>
<TR>
    <TD STYLE="width: 8%; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; width: 45%; padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 24.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Production</B></FONT></TD>
    <TD STYLE="width: 10%; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 6%; background-color: #F2F2F2; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 6%; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 7%; padding-right: 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 6%; background-color: #F2F2F2; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 6%; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 6%; padding-right: 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">853</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 24pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Liquids</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">kbbl/d</FONT></TD>
    <TD STYLE="background-color: #F2F2F2; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: black">817</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">893</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(9)</FONT></TD>
    <TD STYLE="background-color: #F2F2F2; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: black">854</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">882</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(3)</FONT></TD></TR>
<TR>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">4,653</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 24pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Natural
    gas </FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">mmcf/d</FONT></TD>
    <TD STYLE="background-color: #F2F2F2; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: black">4,694</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">5,379</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(13)</FONT></TD>
    <TD STYLE="background-color: #F2F2F2; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: black">4,705</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">5,256</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(11)</FONT></TD></TR>
<TR>
    <TD STYLE="border-bottom: gray 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #C00000"><B>1,729</B></FONT></TD>
    <TD STYLE="border-bottom: gray 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 24.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #C00000"><B>Hydrocarbons
    </B></FONT><B><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt; color: rgb(192,0,0)"><SUP>(a)</SUP></FONT></B></TD>
    <TD STYLE="border-bottom: gray 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">kboe/d</FONT></TD>
    <TD STYLE="border-bottom: gray 1pt solid; background-color: #F2F2F2; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #C00000"><B>1,701</B></FONT></TD>
    <TD STYLE="border-bottom: gray 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #C00000"><B>1,888</B></FONT></TD>
    <TD STYLE="border-bottom: gray 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #C00000"><B>(10)</B></FONT></TD>
    <TD STYLE="border-bottom: gray 1pt solid; background-color: #F2F2F2; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #C00000"><B>1,740</B></FONT></TD>
    <TD STYLE="border-bottom: gray 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #C00000"><B>1,854</B></FONT></TD>
    <TD STYLE="border-bottom: gray 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #C00000"><B>(6)</B></FONT></TD></TR>
<TR>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 24.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Average
    realizations </B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: #F2F2F2; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: #F2F2F2; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">24.24</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 24pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Liquids</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">$/bbl</FONT></TD>
    <TD STYLE="background-color: #F2F2F2; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: black">39.64</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">56.90</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(30)</FONT></TD>
    <TD STYLE="background-color: #F2F2F2; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: black">35.55</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">59.34</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(40)</FONT></TD></TR>
<TR>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">3.40</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 24pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Natural
    gas</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">$/kcf</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; background-color: #F2F2F2; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: black">3.44</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">4.49</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(23)</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; background-color: #F2F2F2; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: black">3.71</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">4.99</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(26)</FONT></TD></TR>
<TR>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #C00000"><B>21.56</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 24.1pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #C00000"><B>Hydrocarbons</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">$/boe</FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; background-color: #F2F2F2; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #C00000"><B>29.06</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #C00000"><B>40.99</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #C00000"><B>(29)</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; background-color: #F2F2F2; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #C00000"><B>28.03</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #C00000"><B>43.57</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #C00000"><B>(36)</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 4pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 4pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 4pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 4pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 4pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt"><FONT STYLE="font-size: 4pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 4pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 4pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt"><FONT STYLE="font-size: 4pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="9" STYLE="text-align: justify"><FONT STYLE="font-size: 8pt">(a) Effective January 1, 2020, the conversion rate of natural gas from cubic feet to boe has been updated to 1 barrel of oil = 5,310 cubic feet of gas (it was 1 barrel of oil = 5,408 cubic feet of gas). The effect on production has been 16 kboe/d in the third quarter and nine months 2020. Data of the previous 2020 quarters have been restated accordingly.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0px"><FONT STYLE="font-size: 10pt"></FONT></TD>
    <TD STYLE="width: 19px"><FONT STYLE="font-family: Symbol; font-size: 10pt; color: #C00000">&middot;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">In the third quarter
    of 2020, <B>oil and natural gas production </B>averaged 1.7 million boe/d (1.74 million boe/d in the nine months), a decrease
    of 10% compared to the third quarter of 2019 (down by 6% from the nine months). Net of price effects, the decline was due
    to COVID-19 effects and related OPEC+ production cuts as well as lower gas demand, mainly in Egypt. Production start-ups/ramp-ups
    in Algeria and Mexico, better contribution of Nigeria, as well as portfolio contributions in Norway, were partly offset by
    the lower volumes in Libya driven by an anticipated contractual trigger, lower entitlements/spending and force majeure, as
    well as mature field declines. In the nine months the results were supported by better field performance in Kazakhstan.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0px"><FONT STYLE="font-size: 10pt"></FONT></TD>
    <TD STYLE="width: 19px"><FONT STYLE="font-family: Symbol; font-size: 10pt; color: #C00000">&middot;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Liquids production
    </B>was 817 kbbl/d, down by 9% from the third quarter 2019 (854 kbbl/d in the nine months, down by 3% compared to the same
    period of 2019). The reduction in Libya and Kazakhstan, the effect of OPEC+ cuts as well as the mature fields decline are
    partly offset by production growth in Mexico due to the ramp-up of Area 1, Angola for the start-up of Agogo, Congo due to
    the Nen&egrave; phase 2B start-up and Algeria, as well as the contribution from portfolio activities.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0px"><FONT STYLE="font-size: 10pt"></FONT></TD>
    <TD STYLE="width: 19px"><FONT STYLE="font-family: Symbol; font-size: 10pt; color: #C00000">&middot;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Natural gas production
    </B>amounted to 4,694 mmcf/d in the period, decreased by 685 mmcf/d or by approximately 13% y-o-y (4,705 mmcf/d in the nine
    months, down by 11%). Lower production in Libya and the impact of lower natural gas demand in certain areas (mainly in Egypt),
    as well as LNG demand were partly offset by the growth in Nigeria due to increasing activity and Algeria due to the start-up
    of the Berkine gas project.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; color: #C00000"><B>&nbsp;</B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; color: #C00000"><B>Results</B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; color: #C00000"><FONT STYLE="font-size: 4pt"><B>&nbsp;</B></FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>IIQ
    </B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt"><B>IIIQ
    </B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt"><B>Nine
    months </B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>2020</B></FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt">(&euro;
    million)</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>2020</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>2019</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>%
    Ch.</B></FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>2020</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>2019</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>%
    Ch.</B></FONT></TD></TR>
<TR>
    <TD STYLE="width: 8%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>(2,393)</B></FONT></TD>
    <TD STYLE="width: 51%; padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 24.1pt"><FONT STYLE="font-size: 10pt; color: #C00000"><B>Operating
    profit (loss) </B></FONT></TD>
    <TD STYLE="width: 1%; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); width: 6%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>514</B></FONT></TD>
    <TD STYLE="width: 8%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>2,162</B></FONT></TD>
    <TD STYLE="width: 7%; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>(76)</B></FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); width: 6%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>(1,164)</B></FONT></TD>
    <TD STYLE="width: 6%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>6,587</B></FONT></TD>
    <TD STYLE="width: 7%; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>..</B></FONT></TD></TR>
<TR>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">1,586</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 24pt"><FONT STYLE="font-size: 10pt">Exclusion of special
    items</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">1</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(21)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">1,909</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">2</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>(807)</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 24.1pt"><FONT STYLE="font-size: 10pt; color: #C00000"><B>Adjusted
    operating profit (loss) </B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>515</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>2,141</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>(76)</B></FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>745</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>6,589</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>(89)</B></FONT></TD></TR>
<TR>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(54)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 24pt"><FONT STYLE="font-size: 10pt">Net finance (expense)
    income</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(102)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(119)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(271)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(322)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">102</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 24pt"><FONT STYLE="font-size: 10pt">Net income (expense)
    from investments</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">58</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">50</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">101</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">198</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>45</I></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 48pt"><FONT STYLE="font-size: 10pt"><I>of which: - V&aring;r
    Energi</I></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>37</I></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>(27)</I></FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>45</I></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>38</I></FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(26)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 24pt"><FONT STYLE="font-size: 10pt">Income taxes</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(402)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(1,267)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(1,079)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(3,857)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="border-top: gray 1pt solid; border-bottom: gray 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>(785)</B></FONT></TD>
    <TD STYLE="border-top: gray 1pt solid; border-bottom: gray 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 24.1pt"><FONT STYLE="font-size: 10pt; color: #C00000"><B>Adjusted
    net profit (loss) </B></FONT></TD>
    <TD STYLE="border-top: gray 1pt solid; border-bottom: gray 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); border-top: gray 1pt solid; border-bottom: gray 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>69</B></FONT></TD>
    <TD STYLE="border-top: gray 1pt solid; border-bottom: gray 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>805</B></FONT></TD>
    <TD STYLE="border-top: gray 1pt solid; border-bottom: gray 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>(91)</B></FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); border-top: gray 1pt solid; border-bottom: gray 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>(504)</B></FONT></TD>
    <TD STYLE="border-top: gray 1pt solid; border-bottom: gray 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>2,608</B></FONT></TD>
    <TD STYLE="border-top: gray 1pt solid; border-bottom: gray 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>..</B></FONT></TD></TR>
<TR>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 24pt"><FONT STYLE="font-size: 10pt">Results also include:</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>261</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 24.1pt"><FONT STYLE="font-size: 10pt; color: #C00000"><B>Exploration
    expenses:</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>26</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>69</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>(62)</B></FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>462</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>375</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>23</B></FONT></TD></TR>
<TR>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">45</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 24pt"><FONT STYLE="font-size: 10pt">- prospecting, geological
    and geophysical expenses</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">43</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">66</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">143</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">212</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">216</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 24pt"><FONT STYLE="font-size: 10pt">- write-off of unsuccessful
    wells </FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(17)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">3</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">319</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">163</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="border-top: gray 1pt solid; border-bottom: #0D0D0D 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>760</B></FONT></TD>
    <TD STYLE="border-top: gray 1pt solid; border-bottom: #0D0D0D 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 24.1pt"><FONT STYLE="font-size: 10pt; color: #C00000"><B>Capital
    expenditure</B></FONT></TD>
    <TD STYLE="border-top: gray 1pt solid; border-bottom: #0D0D0D 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); border-top: gray 1pt solid; border-bottom: #0D0D0D 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>673</B></FONT></TD>
    <TD STYLE="border-top: gray 1pt solid; border-bottom: #0D0D0D 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>1,559</B></FONT></TD>
    <TD STYLE="border-top: gray 1pt solid; border-bottom: #0D0D0D 2.25pt double; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>(57)</B></FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); border-top: gray 1pt solid; border-bottom: #0D0D0D 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>2,691</B></FONT></TD>
    <TD STYLE="border-top: gray 1pt solid; border-bottom: #0D0D0D 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>5,221</B></FONT></TD>
    <TD STYLE="border-top: gray 1pt solid; border-bottom: #0D0D0D 2.25pt double; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>(48)</B></FONT></TD></TR>
</TABLE>
<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0px"><FONT STYLE="font-size: 10pt"></FONT></TD>
    <TD STYLE="width: 19px"><FONT STYLE="font-family: Symbol; font-size: 10pt; color: #C00000">&middot;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">In the third quarter
    of 2020, the <B>Exploration &amp; Production adjusted operating profit </B>of &euro;515 million rebounded significantly from
    the previous quarter loss of approximately &euro;800 million, driven by a partial recovery in the pricing environment with
    the Brent crude oil price of 43 $/barrel on average vs. 29 $/barrel in the previous quarter. Instead, the comparison with
    the corresponding period a year ago down by 76% was negatively affected by a depressed oil scenario due to the COVID-19 pandemic
    which impacted economic activity and travel leading to both reduced hydrocarbons realized prices (down by 29% on average)
    and lower production. Particularly, lower sales volumes were driven by capex optimizations intended to preserve the Company&rsquo;s
    cash flows, the production cuts implemented by the OPEC+ agreement and falling gas demand with more pronounced effects in
    certain geographies (e.g. Egypt).</FONT></TD></TR>
</TABLE>
<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


<!-- Field: Page; Sequence: 12 -->
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    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0px"><FONT STYLE="font-size: 10pt"></FONT></TD>
    <TD STYLE="width: 19px"><FONT STYLE="font-family: Symbol; font-size: 10pt; color: #C00000">&middot;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">In the nine months
    of 2020, <B>adjusted operating profit </B>was &euro;745 million, down by &euro;5.84 billion y-o-y, or 89%. Approximately &euro;5.1
    billion of the EBIT contraction was driven by a sharply deteriorated pricing scenario in all the geographies particularly
    in the second quarter which was the hardest hit by the downturn, as well as the negative impacts associated with COVID-19.
    Furthermore, the result of the period was affected by a loss incurred in reselling the gas entitlements of a Libyan partner,
    which were marketed in Europe. This resale price is excluded from the calculation of Eni&rsquo;s average realized gas prices
    because Eni&rsquo;s realized prices are calculated only with reference to equity production. </FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: justify"><FONT STYLE="font-size: 10pt">Unfavorable volume/mix effects as previously
    discussed and bigger write-off expenses relating to unsuccessful exploration wells also negatively affected the nine-months
    performance and were partly offset by operating expense savings.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 14.2pt; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0px"><FONT STYLE="font-size: 10pt"></FONT></TD>
    <TD STYLE="width: 19px"><FONT STYLE="font-family: Symbol; font-size: 10pt; color: #C00000">&middot;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The segment reported
    an <B>adjusted net loss </B>of &euro;504 million in the nine months 2020 (it was a profit of &euro;69 million in the quarter)
    due to lower results accrued at the equity-accounted entities, mainly Eni&rsquo;s share of results at Angola LNG (a reduction
    of &euro;74 million in the nine months) driven by a significantly deteriorated trading environment.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0px"><FONT STYLE="font-size: 10pt"></FONT></TD>
    <TD STYLE="width: 19px"><FONT STYLE="font-family: Symbol; font-size: 10pt; color: #C00000">&middot;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The adjusted tax
    rate in the nine months was negatively and materially affected by a worsening scenario that reduced the business capacity
    to recognize deferred tax assets on the losses of the period, due to the projection of lower future taxable income, also determining
    the concentration of positive pre-tax results in countries with higher taxation and on the other hand exacerbated the impact
    of certain trends such as the non-deductibility/non-recoverability of some cost items (such as costs relating to the exploration
    phase of new licenses). Furthermore, the tax rate was negatively affected by a tax dis-optimization due to the fact that a
    loss incurred at reselling the gas entitlements of a Libyan partner was a non-deductible tax item. </FONT></TD></TR>
</TABLE>
<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">For the disclosure
on business segment special charges, see page 15.</FONT></P>

<P STYLE="font: 16pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 16pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Global Gas &amp; LNG Portfolio</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; color: rgb(192,0,0)">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; color: #C00000"><B>Sales</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; color: rgb(192,0,0)">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>IIQ
    </B></FONT></TD>
    <TD STYLE="text-indent: 12pt; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt"><B>IIIQ
    </B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt"><B>Nine
    months </B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>2020</B></FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>2020</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>2019</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>%
    Ch.</B></FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>2020</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>2019</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>%
    Ch.</B></FONT></TD></TR>
<TR>
    <TD STYLE="width: 6%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>75</B></FONT></TD>
    <TD STYLE="width: 44%; padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt"><B>PSV</B></FONT></TD>
    <TD STYLE="width: 10%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&euro;/kcm</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); width: 6%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>95</B></FONT></TD>
    <TD STYLE="width: 6%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>131</B></FONT></TD>
    <TD STYLE="width: 8%; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>(27)</B></FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); width: 6%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>97</B></FONT></TD>
    <TD STYLE="width: 6%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>175</B></FONT></TD>
    <TD STYLE="width: 8%; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>(45)</B></FONT></TD></TR>
<TR>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>57</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt"><B>TTF</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>82</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>108</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>(24)</B></FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>81</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>146</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>(45)</B></FONT></TD></TR>
<TR>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt"><B>Natural
    gas sales</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">bcm</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">9.13</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt">Italy</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">10.55</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">8.73</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">21</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">28.65</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">29.27</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(2)</FONT></TD></TR>
<TR>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">3.80</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt">Rest of Europe</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">4.27</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">6.17</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(31)</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">14.74</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">19.90</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(26)</FONT></TD></TR>
<TR>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>0.98</I></FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt"><I>of
    which: Importers in Italy</I></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>0.79</I></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>1.11</I></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>(29)</I></FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>2.73</I></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>3.23</I></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>(15)</I></FONT></TD></TR>
<TR>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>2.82</I></FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt"><I>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;European
    markets</I></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>3.48</I></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>5.06</I></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>(31)</I></FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>12.01</I></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>16.67</I></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>(28)</I></FONT></TD></TR>
<TR>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">0.92</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt">Rest of World</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">1.16</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">1.93</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(40)</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">3.03</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">6.63</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(54)</FONT></TD></TR>
<TR>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>13.85</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt; color: #C00000"><B>Worldwide
    gas sales&nbsp;&nbsp;(*)</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>15.98</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>16.83</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>(5)</B></FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>46.42</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>55.80</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>(17)</B></FONT></TD></TR>
<TR>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; border-bottom: black 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>2.00</I></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt"><I>of
    which: LNG sales</I></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); border-bottom: black 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>2.10</I></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>2.50</I></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>(16)</I></FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); border-bottom: black 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>6.60</I></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>7.40</I></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>(11)</I></FONT></TD></TR>
<TR STYLE="font-size: 1pt; vertical-align: bottom">
    <TD STYLE="font-size: 1pt; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="font-size: 1pt; text-indent: 12pt; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="font-size: 1pt; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="font-size: 1pt; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="font-size: 1pt; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="font-size: 1pt; white-space: nowrap; padding-right: 5.4pt">&nbsp;</TD>
    <TD STYLE="font-size: 1pt; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="font-size: 1pt; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="font-size: 1pt; white-space: nowrap; padding-right: 5.4pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="9"><FONT STYLE="font-size: 8pt">(*) Data include intercomapny sales.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt"></FONT></P>

<P STYLE="font: 1pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0px"><FONT STYLE="font-size: 10pt"></FONT></TD>
    <TD STYLE="width: 19px"><FONT STYLE="font-family: Symbol; font-size: 10pt; color: #C00000">&middot;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">In the third quarter
    2020 <B>natural gas sales</B> of 15.98 bcm decreased by 5% compared to the same period of 2019 (46.42 bcm in the nine months,
    down by 17% vs. the comparative period), due to the lower volumes lifted from certain long-term gas supply contracts. In the
    nine months of 2020 natural gas sales decreased by 17% y-o-y based on the same trends of the quarter and on a greater impact
    by economic downturn driven by the COVID-19 situation, which mainly impacted volumes lifted at the industrial and the thermoelectric
    sectors, as well as at the main European countries of presence.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


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    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; color: #C00000"><B>Results</B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; color: #C00000"><B>&nbsp;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>IIQ
    </B></FONT></TD>
    <TD STYLE="text-indent: 12pt; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt"><B>IIIQ
    </B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt"><B>Nine
    months </B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>2020</B></FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt">(&euro;
    million)</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>2020</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>2019</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>%
    Ch.</B></FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>2020</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>2019</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>%
    Ch.</B></FONT></TD></TR>
<TR>
    <TD STYLE="width: 6%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>62</B></FONT></TD>
    <TD STYLE="width: 53%; padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt; color: #C00000"><B>Operating
    profit (loss) </B></FONT></TD>
    <TD STYLE="width: 1%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); width: 6%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>(205)</B></FONT></TD>
    <TD STYLE="width: 6%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>(80)</B></FONT></TD>
    <TD STYLE="width: 8%; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>..</B></FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); width: 6%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>(42)</B></FONT></TD>
    <TD STYLE="width: 6%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>150</B></FONT></TD>
    <TD STYLE="width: 8%; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>..</B></FONT></TD></TR>
<TR>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">68</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt">Exclusion of special
    items </FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">269</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">149</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">469</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">89</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>130</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt; color: #C00000"><B>Adjusted
    operating profit (loss) </B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>64</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>69</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>(7)</B></FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>427</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>239</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>79</B></FONT></TD></TR>
<TR>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt">Net finance (expense)
    income</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">1</FONT></TD>
    <TD STYLE="background-color: white; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(4)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt">Net income (expense)
    from investments </FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">2</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(17)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(11)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(24)</FONT></TD>
    <TD STYLE="background-color: white; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(71)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt">Income taxes</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(3)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(14)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(126)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(66)</FONT></TD>
    <TD STYLE="background-color: white; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="border-top: gray 1pt solid; border-bottom: gray 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>55</B></FONT></TD>
    <TD STYLE="border-top: gray 1pt solid; border-bottom: gray 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt; color: #C00000"><B>Adjusted
    net profit (loss) </B></FONT></TD>
    <TD STYLE="border-top: gray 1pt solid; border-bottom: gray 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); border-top: gray 1pt solid; border-bottom: gray 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>63</B></FONT></TD>
    <TD STYLE="border-top: gray 1pt solid; border-bottom: gray 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>38</B></FONT></TD>
    <TD STYLE="border-top: gray 1pt solid; border-bottom: gray 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>66</B></FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); border-top: gray 1pt solid; border-bottom: gray 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>290</B></FONT></TD>
    <TD STYLE="border-top: gray 1pt solid; border-bottom: gray 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>150</B></FONT></TD>
    <TD STYLE="border-top: gray 1pt solid; border-bottom: gray 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>93</B></FONT></TD></TR>
<TR>
    <TD STYLE="border-bottom: #0D0D0D 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>2</B></FONT></TD>
    <TD STYLE="border-bottom: #0D0D0D 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt; color: #C00000"><B>Capital
    expenditure</B></FONT></TD>
    <TD STYLE="border-bottom: #0D0D0D 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); border-bottom: #0D0D0D 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>1</B></FONT></TD>
    <TD STYLE="border-bottom: #0D0D0D 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>4</B></FONT></TD>
    <TD STYLE="border-bottom: #0D0D0D 2.25pt double; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>(75)</B></FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); border-bottom: #0D0D0D 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>8</B></FONT></TD>
    <TD STYLE="border-bottom: #0D0D0D 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>8</B></FONT></TD>
    <TD STYLE="border-bottom: #0D0D0D 2.25pt double; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-indent: 12pt; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0px"><FONT STYLE="font-size: 10pt"></FONT></TD>
    <TD STYLE="width: 19px"><FONT STYLE="font-family: Symbol; font-size: 10pt; color: #C00000">&middot;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">In the third quarter
    2020, the <B>Global Gas &amp; LNG Portfolio</B> segment reported an <B>adjusted operating profit</B> of &euro;64 million,
    down by 7% compared to the same period of 2019 due to an unfavourable gas and LNG trading environment, the effects of which
    were partly offset by the positive outcome of a contract settlement in the LNG business.</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: justify">In
the nine months of 2020, the Global Gas &amp; LNG Portfolio segment reported an adjusted operating profit of &euro;427 million,
up by 79% compared to the same period of 2019, due to the optimization of the gas and the LNG assets portfolio leveraging high
price volatility and on contracts&rsquo; flexibility, as well as to a favourable outcome of an LNG contract renegotiation closed
in the third quarter. These positive trends more than offset the lower performance at the gas business negatively affected by
a contraction in gas demand at the main European markets due to the COVID-19 pandemic mainly in the second quarter of 2020, being
the height of the crisis.</TD></TR>
</TABLE>
<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 14.2pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">For the disclosure
on business segment special charges, see page 15.</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 16pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Refining &amp; Marketing and Chemicals</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; color: rgb(192,0,0)">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; color: #C00000"><B>Production and sales</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; color: rgb(192,0,0)">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt"><B>IIQ
    </B></FONT></TD>
    <TD STYLE="text-indent: 12pt; white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt"><B>IIIQ
    </B></FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt"><B>Nine
    months </B></FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt"><B>2020</B></FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>2020</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>2019</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>%
    Ch.</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>2020</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>2019</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>%
    Ch.</B></FONT></TD></TR>
<TR>
    <TD STYLE="text-align: right; padding-right: 10pt; padding-left: 0; text-indent: 0; width: 7%"><FONT STYLE="font-size: 10pt"><B>2.3</B></FONT></TD>
    <TD STYLE="width: 52%; padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt"><B>Standard
    Eni Refining Margin (SERM)</B></FONT></TD>
    <TD STYLE="width: 5%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">$/bbl</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); width: 5%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>0.7</B></FONT></TD>
    <TD STYLE="width: 5%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>6.0</B></FONT></TD>
    <TD STYLE="width: 8%; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>(88)</B></FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); width: 5%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>2.2</B></FONT></TD>
    <TD STYLE="width: 5%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>4.4</B></FONT></TD>
    <TD STYLE="width: 8%; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>(50)</B></FONT></TD></TR>
<TR>
    <TD STYLE="text-align: right; padding-right: 10pt; padding-left: 0; text-indent: 0"><FONT STYLE="font-size: 10pt">3.15</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt">Throughputs in Italy</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">mmtonnes</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">3.68</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">5.65</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(35)</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">10.89</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">15.84</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(31)</FONT></TD></TR>
<TR>
    <TD STYLE="text-align: right; padding-right: 10pt; padding-left: 0; text-indent: 0"><FONT STYLE="font-size: 10pt">0.50</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt">Throughputs in the
    rest of Europe</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">0.61</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">0.61</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">1.66</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">1.40</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">19</FONT></TD></TR>
<TR>
    <TD STYLE="text-align: right; padding-right: 10pt; padding-left: 0; text-indent: 0"><FONT STYLE="font-size: 10pt">1.69</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt">Throughputs in the
    Middle East (ADNOC Refining 20%)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">1.82</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">1.45</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">26</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">4.93</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">1.45</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">..</FONT></TD></TR>
<TR>
    <TD STYLE="text-align: right; padding-right: 10pt; padding-left: 0; text-indent: 0"><FONT STYLE="font-size: 10pt; color: #C00000"><B>5.34</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt; color: #C00000"><B>Total
    throughputs</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>6.11</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>7.71</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>(21)</B></FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>17.48</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>18.69</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>(6)</B></FONT></TD></TR>
<TR>
    <TD STYLE="padding-right: 10pt; padding-left: 0; text-align: right; text-indent: 0"><FONT STYLE="font-size: 10pt">60</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt">Average refineries
    utilization rate</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">%</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">69</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">94</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">68</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">89</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="padding-right: 10pt; padding-left: 0; text-align: right; text-indent: 0"><FONT STYLE="font-size: 10pt; color: #C00000"><B>188</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt; color: #C00000"><B>Bio
    throughputs</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">ktonnes</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>151</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>85</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>78</B></FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>527</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>185</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>..</B></FONT></TD></TR>
<TR>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 10pt; padding-left: 0; text-align: right; text-indent: 0"><FONT STYLE="font-size: 10pt">66</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt">Average
    bio refineries utilization rate</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">%</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">53</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">38</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">62</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">44</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="text-align: right; text-indent: 0; padding-right: 10pt; padding-left: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt"><B>Marketing</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="text-align: right; padding-right: 10pt; padding-left: 0; text-indent: 0"><FONT STYLE="font-size: 10pt; color: #C00000"><B>1.32</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt; color: #C00000"><B>Retail
    sales in Europe</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">mmtonnes</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>2.02</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>2.19</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>(8)</B></FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>4.98</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>6.23</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>(20)</B></FONT></TD></TR>
<TR>
    <TD STYLE="text-align: right; padding-right: 10pt; padding-left: 0; text-indent: 0"><FONT STYLE="font-size: 10pt">0.89</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt">Retail sales in Italy</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">1.41</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">1.53</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(8)</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">3.42</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">4.39</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(22)</FONT></TD></TR>
<TR>
    <TD STYLE="text-align: right; padding-right: 10pt; padding-left: 0; text-indent: 0"><FONT STYLE="font-size: 10pt">0.43</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt">Retail sales in the
    rest of Europe</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">0.61</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">0.66</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(8)</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">1.56</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">1.84</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(15)</FONT></TD></TR>
<TR>
    <TD STYLE="text-align: right; padding-right: 10pt; padding-left: 0; text-indent: 0"><FONT STYLE="font-size: 10pt">23.9</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt">Retail market share
    in Italy</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">%</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">23.0</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">23.7</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">23.4</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">23.7</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="text-align: right; padding-right: 10pt; padding-left: 0; text-indent: 0"><FONT STYLE="font-size: 10pt; color: #C00000"><B>1.75</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt; color: #C00000"><B>Wholesale
    sales in Europe</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">mmtonnes</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>2.21</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>2.83</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>(22)</B></FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>6.04</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>7.66</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>(21)</B></FONT></TD></TR>
<TR>
    <TD STYLE="text-align: right; padding-right: 10pt; padding-left: 0; text-indent: 0"><FONT STYLE="font-size: 10pt">1.16</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt">Wholesale sales in
    Italy</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">1.58</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">2.07</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(24)</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">4.25</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">5.75</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(26)</FONT></TD></TR>
<TR>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right; padding-right: 10pt; padding-left: 0; text-indent: 0"><FONT STYLE="font-size: 10pt">0.59</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt">Wholesale
    sales in the rest of Europe</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">0.63</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">0.76</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(17)</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">1.79</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">1.91</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(6)</FONT></TD></TR>
<TR>
    <TD STYLE="text-align: right; text-indent: 0; padding-right: 10pt; padding-left: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt"><B>Chemicals</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="text-align: right; padding-right: 10pt; padding-left: 0; text-indent: 0"><FONT STYLE="font-size: 10pt; color: #C00000"><B>1.02</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt; color: #C00000"><B>Sales
    of petrochemical products</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">mmtonnes</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>1.10</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>1.09</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>1</B></FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>3.01</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>3.24</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>(7)</B></FONT></TD></TR>
<TR>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 10pt; padding-left: 0; text-align: right; text-indent: 0"><FONT STYLE="font-size: 10pt">60</FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt">Average
    plant utilization rate</FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">%</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); border-bottom: black 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">66</FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">68</FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); border-bottom: black 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">61</FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">68</FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-indent: 12pt; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0px"><FONT STYLE="font-size: 10pt"></FONT></TD>
    <TD STYLE="width: 19px"><FONT STYLE="font-family: Symbol; font-size: 10pt; color: #C00000">&middot;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">In the third quarter
    of 2020, the <B>Standard Eni Refining Margin </B>reported unprofitable values (0.7 $/barrel the average quarterly level, down
    by almost 90% from the third quarter of 2019; 2.2 $/barrel the average of nine-months period, down by 50% vs. the comparative
    period) driven mainly by lower crack spreads of gasoil, due to an ongoing weak fuels demand with consumption levels severely
    hit by the pandemic which affected economic activity and travel, against a backdrop of overcapacity and high inventory levels.
    The weak scenario was exacerbated by a recovery in the cost of the oil feedstock, which was supported in the quarter by implementation
    of production cuts resolved by the OPEC+ agreement. Refining margins were also penalized by the shrinking spread between sour
    crudes like the Ural vs. light-sweet crudes, such as the Brent, for the lower availability of sour crudes due to OPEC+ cuts
    (the Ural actually traded at premium vs. the Brent of +0.4 $/barrel on average in the quarter), which resulted in low margins
    of conversion plants.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0px"><FONT STYLE="font-size: 10pt"></FONT></TD>
    <TD STYLE="width: 19px"><FONT STYLE="font-family: Symbol; font-size: 10pt; color: #C00000">&middot;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Eni refining
    throughputs on own account </B>were 6.11 mmtonnes in the third quarter 2020, down by 21% vs. the comparative period, including
    ADNOC Refining throughputs, effective since August 1, 2019, following the closing of acquisition. Throughputs at Eni&rsquo;s
    refineries in Italy declined by 35% in the quarter and by 31% in the nine months of 2020, in response to a sharply depressed
    refining scenario, as consequence of demand backdrop due to the pandemic.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0px"><FONT STYLE="font-size: 10pt"></FONT></TD>
    <TD STYLE="width: 19px"><FONT STYLE="font-family: Symbol; font-size: 10pt; color: #C00000">&middot;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">In the third quarter
    2020, <B>bio throughputs</B> were a bright spot with 151 ktonnes, significantly higher than the same period of 2019, due to
    the start-up of the Gela bio-refinery in August 2019 and higher performance at the Venice plant. In the nine months of 2020,
    bio throughputs were 527 ktonnes, increasing for the aforementioned drivers as the quarter.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0px"><FONT STYLE="font-size: 10pt"></FONT></TD>
    <TD STYLE="width: 19px"><FONT STYLE="font-family: Symbol; font-size: 10pt; color: #C00000">&middot;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">In the third quarter
    2020, <B>retail sales in Italy</B> were 1.41 mmtonnes, down by 8%. The decline was driven by lower consumption due to the
    pandemic effects with negative impacts also in the third quarter, while the performance in the nine-months period (3.42 mmtonnes
    in the nine months; down by 22%) was determined by the lockdown measures imposed in the second quarter, during the pandemic
    peak. The market share for the third quarter was 23% (23.7% in the third quarter 2019).</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0px"><FONT STYLE="font-size: 10pt"></FONT></TD>
    <TD STYLE="width: 19px"><FONT STYLE="font-family: Symbol; font-size: 10pt; color: #C00000">&middot;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">In the third quarter
    of 2020, <B>wholesale sales in Italy</B> were 1.58 mmtonnes, down by 24% y-o-y (4.25 mmtonnes in the nine months; down by
    26% vs. the comparative period), driven by a weak industrial activity and particularly by lower sales of jet fuel to the airline
    sector, which was the hardest hit by the pandemic. </FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0px"><FONT STYLE="font-size: 10pt"></FONT></TD>
    <TD STYLE="width: 19px"><FONT STYLE="font-family: Symbol; font-size: 10pt; color: #C00000">&middot;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">In the third quarter
    of 2020, <B>retail sales in the rest of Europe</B> of 0.61 mmtonnes decreased by 8% y-o-y, driven by lower volumes marketed,
    due to the pandemic, which negatively affected also the third quarter, while in the nine months (1.56 mmtonnes, down by 15%
    compared to the same period of 2019) were affected by the lockdown measures imposed in the second quarter, during the pandemic
    peak.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0px"><FONT STYLE="font-size: 10pt"></FONT></TD>
    <TD STYLE="width: 19px"><FONT STYLE="font-family: Symbol; font-size: 10pt; color: #C00000">&middot;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">In the third quarter,
    <B>wholesale sales in the rest of Europe</B> were 0.63 mmtonnes, down by 17% vs. the same period of 2019, in particular, main
    reductions were reported in Spain, Austria and Switzerland, mainly due to lower consumptions of gasoil. In the nine months
    sales amounted to 1.79 mmtonnes, down by 6% from the comparative period. </FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0px"><FONT STYLE="font-size: 10pt"></FONT></TD>
    <TD STYLE="width: 19px"><FONT STYLE="font-family: Symbol; font-size: 10pt; color: #C00000">&middot;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Sales of petrochemical
    products </B>were 1.1 mmtonnes in the third quarter, substantially in line with the same period of 2019, driven by higher
    volumes of intermediates due to higher product availability, styrenics, particularly in the appliance and packaging sector,
    and elastomers. The 7% reduction reported in the nine months reflects lower volumes sold due to weaker demand at the main
    end-markets, particularly the automotive sector, as result of a global economic downturn caused by the COVID-19 pandemic and
    uncertainties about the strength of the recovery which induced operators to decrease the storage. </FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0px"><FONT STYLE="font-size: 10pt"></FONT></TD>
    <TD STYLE="width: 19px"><FONT STYLE="font-family: Symbol; font-size: 10pt; color: #C00000">&middot;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Petrochemical
    product margins</B> performed well mainly in the polyethylene segment, despite the ongoing weakness of the end-user demand,
    driven by lower competitive pressures and a widening spread vs. ethylene, and to a lesser degree, styrenics/elastomers, due
    to a decrease of feedstock prices. </FONT></TD></TR>
</TABLE>
<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 14.2pt; text-align: justify"><FONT STYLE="font-size: 10pt">In
the third quarter, the cracker margin reported a significant decrease as a result of the reduction of the main monomers prices;
stable on an annual basis due to lower cost of feedstock.</FONT></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; color: #C00000"><B>&nbsp;</B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; color: #C00000"><B>Results</B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; color: #C00000"><B>&nbsp;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>IIQ
    </B></FONT></TD>
    <TD STYLE="text-indent: 12pt; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt"><B>IIIQ
    </B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt"><B>Nine
    months </B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="width: 6%; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>2020</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; vertical-align: bottom; width: 52%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt">(&euro;
    million)</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); width: 6%; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>2020</B></FONT></TD>
    <TD STYLE="width: 6%; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>2019</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; width: 8%; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>%
    Ch.</B></FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); width: 8%; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>2020</B></FONT></TD>
    <TD STYLE="width: 6%; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>2019</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; width: 8%; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>%
    Ch.</B></FONT></TD></TR>
<TR>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>(392)</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt; color: #C00000"><B>Operating
    profit (loss) </B></FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>(22)</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>(8)</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>..</B></FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>(2,324)</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>324</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>..</B></FONT></TD></TR>
<TR>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(321)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt">Exclusion of inventory
    holding (gains) losses</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">30</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">129</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">1,400</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(315)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">786</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt">Exclusion of special
    items</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">13</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">28</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">1,034</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">173</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>73</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt; color: #C00000"><B>Adjusted
    operating profit (loss) </B></FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>21</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>149</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>(86)</B></FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>110</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>182</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>(40)</B></FONT></TD></TR>
<TR>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>139</I></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt"><I>- Refining &amp;
    Marketing</I></FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>74</I></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>219</I></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>(66)</I></FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>294</I></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>326</I></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>(10)</I></FONT></TD></TR>
<TR>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>(66)</I></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt"><I>- Chemicals</I></FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>(53)</I></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>(70)</I></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>24</I></FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>(184)</I></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>(144)</I></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>(28)</I></FONT></TD></TR>
<TR>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">1</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt">Net finance (expense)
    income</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">1</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(18)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(6)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(30)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(19)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt">Net income (expense)
    from investments</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(61)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">2</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(90)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">9</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>(14)</I></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 0.25in; text-indent: 12pt"><FONT STYLE="font-size: 10pt"><I>of which: ADNOC
    Refining</I></FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>(77)</I></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>(13)</I></FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>(109)</I></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>(13)</I></FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">25</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt">Income taxes</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(18)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(51)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(55)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(91)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="border-top: gray 1pt solid; border-bottom: gray 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>80</B></FONT></TD>
    <TD STYLE="border-top: gray 1pt solid; border-bottom: gray 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt; color: #C00000"><B>Adjusted
    net profit (loss) </B></FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); border-top: gray 1pt solid; border-bottom: gray 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>(57)</B></FONT></TD>
    <TD STYLE="border-top: gray 1pt solid; border-bottom: gray 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>82</B></FONT></TD>
    <TD STYLE="border-top: gray 1pt solid; border-bottom: gray 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>..</B></FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); border-top: gray 1pt solid; border-bottom: gray 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>(41)</B></FONT></TD>
    <TD STYLE="border-top: gray 1pt solid; border-bottom: gray 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>70</B></FONT></TD>
    <TD STYLE="border-top: gray 1pt solid; border-bottom: gray 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>..</B></FONT></TD></TR>
<TR>
    <TD STYLE="white-space: nowrap; border-bottom: black 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>142</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt; color: #C00000"><B>Capital
    expenditure</B></FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); border-bottom: black 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>138</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>231</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>(40)</B></FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); border-bottom: black 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>515</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>648</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>(21)</B></FONT></TD></TR>
</TABLE>
<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0px"><FONT STYLE="font-size: 10pt"></FONT></TD>
    <TD STYLE="width: 19px"><FONT STYLE="font-family: Symbol; font-size: 10pt; color: #C00000">&middot;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">In the third quarter
    of 2020, the <B>Refining &amp; Marketing </B>business reported an <B>adjusted operating profit</B> of &euro;74 million, down
    by 66% compared to the same period (&euro;294 million in the nine months of 2020, down by 10% compared to the nine months
    of 2019). The oil-based refining business reported a lower performance due to a depressed refining scenario, negatively affected
    by the pandemic-induced crisis in fuels demand, resulting in product crack spreads at historic lows, reduced refinery runs,
    combined with worsening conversion premium, against the backdrop of overcapacity and high levels of inventories. These impacts
    were partially offset by optimization actions of the industrial setup and by a positive performance of the biorefineries thanks
    to higher volumes and margins. The marketing business reported an improved performance, both in the retail and wholesale segments,
    driven by optimization initiatives and efficiency.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0px"><FONT STYLE="font-size: 10pt"></FONT></TD>
    <TD STYLE="width: 19px"><FONT STYLE="font-family: Symbol; font-size: 10pt; color: #C00000">&middot;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">In the third quarter
    of 2020, the <B>Chemical </B>business reported an <B>adjusted operating loss </B>of &euro;53 million, an improvement of &euro;17
    million compared to the same period of 2019 driven by better sales volumes and a margin recovery, particularly in the polyethylene
    business. The nine-month period reported an adjusted operating loss of &euro;184 million, &euro;40 million worse than the
    corresponding period of 2019, driven by sharply lower sales volumes due to weak demand trends in the European economies triggered
    by the restrictive measures implemented during the COVID-19 pandemic peak, as well as ongoing uncertainties about the strength
    of the recovery which led operators to postpone purchase decisions. Furthermore, lower sales volumes were negatively affected
    by reduced product availability due to longer maintenance standstills at the production hubs in response to the COVID-19 emergency
    (particularly at the steam-cracking of Priolo and Brindisi hub). These trends were offset by a recovery in polyethylene margins,
    driven by higher demand and lower extra-European imports. </FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0px"><FONT STYLE="font-size: 10pt"></FONT></TD>
    <TD STYLE="width: 19px"><FONT STYLE="font-family: Symbol; font-size: 10pt; color: #C00000">&middot;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Adjusted net
    loss</B> of &euro;57 million in the third quarter, compared to the net profit of &euro;82 million in the same period of 2019,
    following a loss related to the investment in ADNOC Refining (a loss of &euro;77 million and &euro;109 million respectively
    in the quarter and the nine months; immaterial the contribution in the comparative reporting periods), which was negatively
    affected by a weak margins scenario in the Middle East and planned maintenance activities. In the nine months, adjusted net
    loss was &euro;41 million (adjusted net profit of &euro;70 million in the same period of 2019).</FONT></TD></TR>
</TABLE>
<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">For the disclosure on business
segment special charges, see page 15.</FONT></P>

<P STYLE="font: 16pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 16pt Times New Roman, Times, Serif; margin: 0pt 0"><B>EGL, Power, Renewables</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; color: rgb(192,0,0)">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; color: #C00000"><B>Production and sales</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; color: rgb(192,0,0)">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: right; padding-right: 5.4pt; font-size: 10pt; padding-left: 5.4pt"><B>IIQ</B></TD>
    <TD STYLE="text-indent: 12pt; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt"><B>IIIQ
    </B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt"><B>Nine
    months </B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right; padding-right: 5.4pt; font-size: 10pt; padding-left: 5.4pt"><B>2020</B></TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>2020</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>2019</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>%
    Ch.</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>2020</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>2019</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>%
    Ch.</B></FONT></TD></TR>
<TR>
    <TD STYLE="width: 6%">&nbsp;</TD>
    <TD STYLE="width: 47%; padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt"><B>EGL</B></FONT></TD>
    <TD STYLE="width: 9%; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); width: 6%; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 6%; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 7%; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); width: 6%; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 6%; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 7%; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="padding-right: 5.4pt; text-align: right; font-size: 10pt; padding-left: 5.4pt">0.88</TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt">Retail
    gas sales</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">bcm</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">0.66</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">0.74</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(11)</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">5.17</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">6.14</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(16)</FONT></TD></TR>
<TR>
    <TD STYLE="padding-right: 5.4pt; text-align: right; font-size: 10pt; padding-left: 5.4pt">2.78</TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt">Retail
    power sales</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">TWh</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">3.14</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">2.81</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">12</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">9.31</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">8.15</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">14</FONT></TD></TR>
<TR>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right; font-size: 10pt; padding-left: 5.4pt">9.55</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt">Retail
    customers (POD)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">mln
    pod</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">9.54</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">9.32</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">2</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">9.54</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">9.32</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">2</FONT></TD></TR>
<TR>
    <TD STYLE="padding-right: 5.4pt; text-align: right; font-size: 10pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt"><B>Power &amp; Renewables</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="padding-right: 5.4pt; text-align: right; font-size: 10pt; padding-left: 5.4pt">5.60</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt">Power sales in the
    open market</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">TWh</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">6.65</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">7.37</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(10)</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">18.75</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">21.42</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(12)</FONT></TD></TR>
<TR>
    <TD STYLE="padding-right: 5.4pt; text-align: right; font-size: 10pt; padding-left: 5.4pt">4.88</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt">Thermoelectric production</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">5.43</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">5.86</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(7)</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">15.77</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">16.60</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(5)</FONT></TD></TR>
<TR>
    <TD STYLE="padding-right: 5.4pt; text-align: right; font-size: 10pt; padding-left: 5.4pt">100</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt">Energy production sold
    from renewable sources</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">GWh</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">108</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">18</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">..</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">252</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">44</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">..</FONT></TD></TR>
<TR>
    <TD STYLE="padding-right: 5.4pt; text-align: right; font-size: 10pt; padding-left: 5.4pt">251</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt">Installed capacity
    from renewables at period end</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">MW</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">276</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">42</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">..</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">276</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">42</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">..</FONT></TD></TR>
<TR>
    <TD STYLE="padding-right: 5.4pt; text-align: right; font-size: 10pt; padding-left: 5.4pt">78</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt"><I>of which: - photovoltaic</I></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>%</I></FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>80</I></FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>100</I></FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>80</I></FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>100</I></FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="padding-right: 5.4pt; text-align: right; font-size: 10pt; padding-left: 5.4pt">19</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt"><I>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;-
    wind</I></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>17</I></FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>17</I></FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="border-bottom: Black 2pt double; padding-right: 5.4pt; text-align: right; font-size: 10pt; padding-left: 5.4pt">3</TD>
    <TD STYLE="border-bottom: Black 2pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt"><I>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;-
    installed storage capacity</I></FONT></TD>
    <TD STYLE="border-bottom: Black 2pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 2pt double; background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>3</I></FONT></TD>
    <TD STYLE="border-bottom: Black 2pt double; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 2pt double; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 2pt double; background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>3</I></FONT></TD>
    <TD STYLE="border-bottom: Black 2pt double; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 2pt double; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0px"><FONT STYLE="font-size: 10pt"></FONT></TD>
    <TD STYLE="width: 19px"><FONT STYLE="font-family: Symbol; font-size: 10pt; color: #C00000">&middot;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Retail gas sales
    </B>amounted to 0.66 bcm in the third quarter of 2020, down by 11% from the third quarter 2019 due to the economic downturn
    following the pandemic crisis, which impacted sales volumes at small and medium-sized enterprises and the wholesale segment,
    as well as due to seasonal factors, partly offset by a slight recovery in retail consumptions. In the nine months 2020, retail
    gas sales amounted to 5.17 bcm, down by 16% vs. the comparative period, mainly due to lower volumes marketed to small and
    medium-sized enterprises and to the retail consumers.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0px"><FONT STYLE="font-size: 10pt"></FONT></TD>
    <TD STYLE="width: 19px"><FONT STYLE="font-family: Symbol; font-size: 10pt; color: #C00000">&middot;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Retail power
    sales </B>were 3.14 TWh in the third quarter of 2020 and 9.31 TWh in the nine months, increasing by 12% and 14% respectively,
    benefitting from the growth of the retail customers portfolio outside Italy.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


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    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0px"><FONT STYLE="font-size: 10pt"></FONT></TD>
    <TD STYLE="width: 19px"><FONT STYLE="font-family: Symbol; font-size: 10pt; color: #C00000">&middot;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Power sales in
    the open market</B> were 6.65 TWh in the third quarter, decreased by 10% due to the economic downturn (18.75 Twh in the nine
    months; down by 12% from the same period of 2019). </FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0px"><FONT STYLE="font-size: 10pt"></FONT></TD>
    <TD STYLE="width: 19px"><FONT STYLE="font-family: Symbol; font-size: 10pt; color: #C00000">&middot;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Energy production
    from renewable sources </B>amounted to 108 GWh in the third quarter of 2020, a six-fold increase from the same period of 2019
    (252 GWh in the nine months) due to new capacity following the finalization of construction projects mainly in Italy and abroad,
    as well as the contribution of the US assets acquired in the first quarter of 2020.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0px"><FONT STYLE="font-size: 10pt"></FONT></TD>
    <TD STYLE="width: 19px"><FONT STYLE="font-family: Symbol; font-size: 10pt; color: #C00000">&middot;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">As of September
    30, 2020, the <B>installed capacity from renewables</B> was 276 MW: 80% attributable to photovoltaic plants and 17% attributable
    to wind farms.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0px"><FONT STYLE="font-size: 10pt"></FONT></TD>
    <TD STYLE="width: 19px"><FONT STYLE="font-family: Symbol; font-size: 10pt; color: #C00000">&middot;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Capacity under
    construction </B>(sanctioned/obtained authorizations) at period end amounted to 170 MW mainly relating to Badamsha 2 (wind
    project) and Shaulder (photovoltaic project) in Kazakhstan, the three wind farms project in the Southern Italy, acquired by
    Asja Ambiente Italia, as well as the BEHUS assets, being acquired in the USA.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 4pt Times New Roman, Times, Serif; margin: 0pt 0; color: #C00000"><B>&nbsp;</B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; color: #C00000"><B>Results</B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; color: #C00000"><B>&nbsp;</B></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>IIQ
    </B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt"><B>IIIQ
    </B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt"><B>Nine
    months </B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>2020</B></FONT></TD>
    <TD COLSPAN="2" STYLE="vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt">(&euro;
    million)</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>2020</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>2019</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>%
    Ch.</B></FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>2020</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>2019</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>%&nbsp;Ch.</B></FONT></TD></TR>
<TR>
    <TD STYLE="width: 5%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>113</B></FONT></TD>
    <TD STYLE="width: 55%; padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt; color: #C00000"><B>Operating
    profit (loss) </B></FONT></TD>
    <TD STYLE="width: 1%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); width: 6%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>43</B></FONT></TD>
    <TD STYLE="width: 6%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>(9)</B></FONT></TD>
    <TD STYLE="width: 7%; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>..</B></FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); width: 6%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>256</B></FONT></TD>
    <TD STYLE="width: 6%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>99</B></FONT></TD>
    <TD STYLE="width: 7%; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>..</B></FONT></TD></TR>
<TR>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(28)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt">Exclusion of special
    items </FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">14</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">24</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">77</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">115</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>85</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt; color: #C00000"><B>Adjusted
    operating profit (loss) </B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>57</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>15</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>280</B></FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>333</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>214</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>56</B></FONT></TD></TR>
<TR>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>26</I></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 0.125in; text-indent: 12pt"><FONT STYLE="font-size: 10pt"><I>- Eni gas e luce</I></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>39</I></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>(4)</I></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>..</I></FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>222</I></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>162</I></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>37</I></FONT></TD></TR>
<TR>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>59</I></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 0.125in; text-indent: 12pt"><FONT STYLE="font-size: 10pt"><I>- Power &amp; Renewables</I></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>18</I></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>19</I></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>(5)</I></FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>111</I></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>52</I></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>..</I></FONT></TD></TR>
<TR>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(1)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt">Net finance (expense)
    income</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(1)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(1)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt">Net income (expense)
    from investments </FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(3)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(1)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">4</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">7</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(27)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt">Income taxes</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(15)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(5)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(102)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(66)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="border-top: gray 1pt solid; border-bottom: gray 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>56</B></FONT></TD>
    <TD STYLE="border-top: gray 1pt solid; border-bottom: gray 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt; color: #C00000"><B>Adjusted
    net profit (loss) </B></FONT></TD>
    <TD STYLE="border-top: gray 1pt solid; border-bottom: gray 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); border-top: gray 1pt solid; border-bottom: gray 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>39</B></FONT></TD>
    <TD STYLE="border-top: gray 1pt solid; border-bottom: gray 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>9</B></FONT></TD>
    <TD STYLE="border-top: gray 1pt solid; border-bottom: gray 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>..</B></FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); border-top: gray 1pt solid; border-bottom: gray 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>234</B></FONT></TD>
    <TD STYLE="border-top: gray 1pt solid; border-bottom: gray 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>155</B></FONT></TD>
    <TD STYLE="border-top: gray 1pt solid; border-bottom: gray 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>51</B></FONT></TD></TR>
<TR>
    <TD STYLE="border-bottom: #0D0D0D 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>70</B></FONT></TD>
    <TD STYLE="border-bottom: #0D0D0D 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt; color: #C00000"><B>Capital
    expenditure</B></FONT></TD>
    <TD STYLE="border-bottom: #0D0D0D 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); border-bottom: #0D0D0D 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>63</B></FONT></TD>
    <TD STYLE="border-bottom: #0D0D0D 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>88</B></FONT></TD>
    <TD STYLE="border-bottom: #0D0D0D 2.25pt double; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>(28)</B></FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); border-bottom: #0D0D0D 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>204</B></FONT></TD>
    <TD STYLE="border-bottom: #0D0D0D 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>221</B></FONT></TD>
    <TD STYLE="border-bottom: #0D0D0D 2.25pt double; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>(8)</B></FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0px"><FONT STYLE="font-size: 10pt"></FONT></TD>
    <TD STYLE="width: 24px"><FONT STYLE="font-family: Symbol; font-size: 10pt; color: #C00000">&middot;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">In the third quarter
    of 2020 the retail gas and power business, managed by <B>Eni gas e luce</B>, reported a solid and growing performance (adjusted
    operating profit increased by &euro;43 million vs. the quarter 2019; up by &euro;60 million in the nine months) notwithstanding
    reduced sales due to lower consumption following the economic downturn and higher provisions for impairment losses at trade
    receivables in line with an expected deterioration in the counterparty risk. The performance was supported by commercial and
    efficiency initiatives, the contribution of extra-commodity business in Italy and by the development of the business in France
    and Greece. The <B>Power &amp; Renewables</B> business reported an adjusted operating profit of &euro;18 million (unchanged)
    and &euro;111 million (up by &euro;59 million) in the third quarter and in the nine months, respectively, benefitting from
    optimizations of assets portfolio and higher margins.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">For the disclosure
on business segment special charges, see page 15.</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


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    <!-- Field: /Page -->

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 60%; background-color: #FFD465; padding-top: 5.4pt; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 14pt"><B>Group results</B></FONT></TD>
    <TD STYLE="width: 40%">&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; background-color: white; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>IIQ
    </B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 3pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt"><B>IIIQ
    </B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt"><B>Nine
    months </B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="width: 5%; border-bottom: black 1pt solid; background-color: white; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>2020</B></FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; width: 57%; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 3pt; text-align: center; text-indent: 12pt"><FONT STYLE="font-size: 10pt">(&euro;
    million)</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); width: 5%; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>2020</B></FONT></TD>
    <TD STYLE="width: 5%; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>2019</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; width: 8%; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>%
    Ch.</B></FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); width: 7%; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; text-indent: 12.05pt"><FONT STYLE="font-size: 10pt"><B>2020</B></FONT></TD>
    <TD STYLE="width: 5%; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>2019</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; width: 8%; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>%
    Ch.</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>8,157
    </B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 3pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt"><B>Sales
    from operations</B></FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>10,326
    </B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>16,686
    </B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>(38)</B></FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>32,356
    </B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>53,666
    </B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>(40)</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>(2,680)</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 3pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt"><B>Operating
    profit (loss)</B></FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>220
    </B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>1,861
    </B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>(88)</B></FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>(3,555)</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>6,610
    </B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>..</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(183)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 3pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt">Exclusion
    of inventory holding (gains) losses</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(7)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">109
    </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">1,387
    </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(237)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">2,429
    </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 3pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt">Exclusion
    of special items </FONT><FONT STYLE="font-size: 8pt"><SUP>(a)</SUP></FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">324
    </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">189
    </FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; white-space: nowrap; padding-right: 5.4pt; text-align: right; text-indent: 12pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">3,578
    </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">419
    </FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; white-space: nowrap; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>(434)</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 3pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt; color: #C00000"><B>Adjusted
    operating profit (loss)</B></FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); white-space: nowrap; border-top: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>537
    </B></FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>2,159
    </B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC3300"><B>(75)</B></FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); white-space: nowrap; border-top: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>1,410
    </B></FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>6,792
    </B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>(79)</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 3pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt">Breakdown
    by segment:</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>(807)</I></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 3pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt"><I>Exploration
    &amp; Production</I></FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>515
    </I></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>2,141
    </I></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>(76)</I></FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>745
    </I></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>6,589
    </I></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>(89)</I></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>130
    </I></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 3pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt"><I>GGP</I></FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>64
    </I></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>69
    </I></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>(7)</I></FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>427
    </I></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>239
    </I></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>79</I></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>73
    </I></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 3pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt"><I>Refining
    &amp; Marketing and Chemicals</I></FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>21
    </I></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>149
    </I></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>(86)</I></FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>110
    </I></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>182
    </I></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>(40)</I></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>85
    </I></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 3pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt"><I>EGL,
    Power, Renewables</I></FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>57
    </I></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>15
    </I></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>280</I></FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>333
    </I></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>214
    </I></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>56</I></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>(135)</I></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 3pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt"><I>Corporate
    and other activities</I></FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>(84)</I></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>(144)</I></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>42</I></FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>(423)</I></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>(399)</I></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>(6)</I></FONT></TD></TR>
<TR>
    <TD STYLE="border-bottom: Black 2pt double; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>220
    </I></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 0.25in"><FONT STYLE="font-size: 10pt"><I>Impact of unrealized intragroup profit
    elimination and other consolidation adjustments</I></FONT></TD>
    <TD STYLE="border-bottom: Black 2pt double; background-color: rgb(242,242,242); white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>(36)</I></FONT></TD>
    <TD STYLE="border-bottom: Black 2pt double; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>(71)</I></FONT></TD>
    <TD STYLE="border-bottom: Black 2pt double; white-space: nowrap; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 2pt double; background-color: rgb(242,242,242); white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>218
    </I></FONT></TD>
    <TD STYLE="border-bottom: Black 2pt double; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>(33)</I></FONT></TD>
    <TD STYLE="border-bottom: Black 2pt double; white-space: nowrap; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 3pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>(4,406)</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 3pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt; color: #C00000"><B>Net
    profit (loss) attributable to Eni's shareholders</B></FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>(503)</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>523
    </B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>(7,838)</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>2,039
    </B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(127)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 3pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt">Exclusion
    of inventory holding (gains) losses</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(5)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">77
    </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">986
    </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(167)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">3,819
    </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 3pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt">Exclusion
    of special items </FONT><FONT STYLE="font-size: 8pt"><SUP>(a)</SUP></FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">355
    </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">176
    </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">6,044
    </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">458
    </FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="border-bottom: Black 2pt double; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>(714)</B></FONT></TD>
    <TD STYLE="border-bottom: Black 2pt double; vertical-align: bottom; padding-right: 5.4pt; padding-left: 3pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt; color: #C00000"><B>Adjusted
    net profit (loss) attributable to Eni's shareholders </B></FONT></TD>
    <TD STYLE="border-bottom: Black 2pt double; background-color: rgb(242,242,242); white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>(153)</B></FONT></TD>
    <TD STYLE="border-bottom: Black 2pt double; white-space: nowrap; background-color: white; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>776
    </B></FONT></TD>
    <TD STYLE="border-bottom: Black 2pt double; white-space: nowrap; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 2pt double; background-color: rgb(242,242,242); white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>(808)</B></FONT></TD>
    <TD STYLE="border-bottom: Black 2pt double; white-space: nowrap; background-color: white; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>2,330
    </B></FONT></TD>
    <TD STYLE="border-bottom: Black 2pt double; white-space: nowrap; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 5pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0">(a) For further information see table &ldquo;Breakdown of special items&rdquo;.</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; color: #C00000">Adjusted results</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0px">&nbsp;</TD>
    <TD STYLE="width: 19px"><FONT STYLE="font-family: Symbol; font-size: 10pt; color: #C00000">&middot;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">In the third quarter
    of 2020, the Group reported an <B>adjusted operating profit</B> of &euro;537 million, down by &euro;1.6 billion from the same
    period of 2019. Net of scenario effects of -&euro;1.6 billion and the negative impacts associated with COVID-19 of &euro;0.3
    billion<SUP>3</SUP>, the underlying performance was positive for &euro;0.3 billion, due to the drivers disclosed in the
    business segments review.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0px"><FONT STYLE="font-size: 10pt"></FONT></TD>
    <TD STYLE="width: 19px"><FONT STYLE="font-family: Symbol; font-size: 10pt; color: #C00000">&middot;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">In the nine months
    of 2020, the Group&rsquo;s <B>adjusted operating profit</B> of &euro;1,410 million was approximately &euro;5.38 billion lower
    than the nine months of 2019. Net of scenario effects of -&euro;5.1 billion and the negative impacts associated with COVID-19
    of &euro;0.8 billion<SUP>3</SUP>, the underlying performance was positive for &euro;0.5 billion, due to the drivers disclosed
    in the business segments review.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0px"><FONT STYLE="font-size: 10pt"></FONT></TD>
    <TD STYLE="width: 19px"><FONT STYLE="font-family: Symbol; font-size: 10pt; color: #C00000">&middot;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Adjusted net
    result</B> was a loss of &euro;153 million and &euro;808 million in the third quarter and the nine months of 2020, respectively,
    due to a weaker operating performance and to lower results at equity-accounted JVs and associates due to a deteriorated macroeconomic
    backdrop as well as a significantly increased tax rate.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt"><B>Analysis
of Group&rsquo;s tax rate </B></FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0px"><FONT STYLE="font-size: 10pt"></FONT></TD>
    <TD STYLE="width: 24px"><FONT STYLE="font-family: Symbol; font-size: 10pt; color: #C00000">&middot;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">In the nine months
    of 2020, the Group's tax rate recorded a disproportionate value, with accrued income taxes being more than 100% of pre-tax
    profit due to a depressed pricing scenario which, on the one hand, determined higher relative weight of certain transactions
    and therefore higher distortive effects of certain tax items than in the past, on the other hand limited the Company&rsquo;s
    ability to recognize deferred tax assets for current losses. In particular, the Group tax rate was negatively affected by
    the following trends:</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 19px"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">-</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">the incurrence of
    non-deductible expenses and losses, because their tax recognition depends on the achievement of certain project milestones
    (such as a project FID) like in the case of explorations expenses or because they related to intercompany losses as in the
    case of the one incurred in connection with the resale of the gas entitlements of a Libyan partner; those impacts under normal
    scenarios are strongly mitigated;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 19px"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">-</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">inability to recognize
    tax-losses carryforwards in certain jurisdictions due to lack of sufficient future taxable profits against which offset deferred
    tax assets as required by IFRS 12;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 19px"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">-</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">the recognition
    of current income taxes on intercompany dividend distribution which created a mismatch due to absence of pre-tax profit at
    Group level (intercompany dividends are eliminated in the consolidation process).</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 14.2pt; text-align: justify"></P>

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<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 14.2pt; text-align: justify"></P>

<P STYLE="font: 1pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 8pt"><SUP>3 </SUP>They
comprise a reduction in hydrocarbon production due to capex cut and lower global gas demand, lower offtakes at LNG supply in Asia,
lower production sale volumes in R&amp;M and Chemicals, higher allowances for doubtful accounts due to an expected deterioration
in the counterparty risk.</FONT></P>

<P STYLE="font: 5pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 5pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>


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    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 14.2pt; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 14.2pt; text-align: justify"><FONT STYLE="font-size: 10pt">Net
of these transactions, the Group&rsquo;s normalized tax rate would come at 72% reflecting the high impact in the Eni&rsquo;s portfolio
of PSA oil contracts that have tax rates less sensitive to oil prices.</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 14.2pt; text-align: justify"></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">(&euro;
    million)</FONT></TD>
    <TD COLSPAN="5" STYLE="white-space: nowrap; border-bottom: black 1pt solid; background-color: #F2F2F2; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt"><B>Nine
    months 2020</B></FONT></TD></TR>
<TR>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; width: 34%; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 10%; border-bottom: black 1pt solid; background-color: #F2F2F2; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt"><B>reported
    (ex-special items)</B></FONT></TD>
    <TD STYLE="width: 15%; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt"><B>costs,
    losses and non-deductible exploration items</B></FONT></TD>
    <TD STYLE="width: 15%; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt"><B>amounts
    of deferred<BR>
 tax assets not<BR>
 recognized on losses<BR>
 for the period</B></FONT></TD>
    <TD STYLE="width: 15%; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt"><B>tax
    accrued on intercompany dividends</B></FONT></TD>
    <TD STYLE="width: 11%; border-bottom: black 1pt solid; background-color: #F2F2F2; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt"><B>normalized
    tax rate</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt"><B>Pre-tax profit</B></FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #F2F2F2; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt"><B>628</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt">692</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #F2F2F2; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt"><B>1,320</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt"><B>Accrued income
    taxes</B></FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #F2F2F2; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt"><B>1,431</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt">(354)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt">(130)</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #F2F2F2; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt"><B>947</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: Black 2pt double; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt; color: #C00000"><B>Tax
    rate</B></FONT></TD>
    <TD STYLE="border-bottom: Black 2pt double; white-space: nowrap; background-color: #F2F2F2; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt; color: #C00000"><B>n.s.</B></FONT></TD>
    <TD STYLE="border-bottom: Black 2pt double; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 2pt double; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 2pt double; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 2pt double; white-space: nowrap; background-color: #F2F2F2; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt; color: #C00000"><B>72%</B></FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;<FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; color: #C00000">Special items</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">The breakdown
of <B>special items of operating profit</B> by segment (a net charge of &euro;3,578 million in the nine months and &euro;324 million
in the quarter) is the following:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0px"><FONT STYLE="font-size: 10pt"></FONT></TD>
    <TD STYLE="width: 19px"><FONT STYLE="font-family: Symbol; font-size: 10pt; color: #C00000">&middot;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>E&amp;P: </B>net
    charges of &euro;1,909 million in the nine months (&euro;1 million in the quarter) related mainly to impairment losses recorded
    at oil and gas properties in production or under development (&euro;1,657 million, totally related to the first half) following
    an impairment review of all oil&amp;gas CGUs, driven by a downward revision to management&rsquo;s expectations for crude oil
    prices in the long-term, which were reduced to 60 $/barrel and the associated curtailments of expenditures in the years 2020-2021
    with the re-phasing of a number of projects, in order to preserve cash generation. The main impairment losses were recorded
    at CGUs in Italy, the USA, Algeria, Turkmenistan and Congo. Other special items included: an allowance for doubtful accounts
    relating a barrel-denominated receivable to align its carrying value to current value (&euro;108 million in the nine months
    of 2020), risk provisions (&euro;107 million in the nine months);</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0px"><FONT STYLE="font-size: 10pt"></FONT></TD>
    <TD STYLE="width: 19px"><FONT STYLE="font-family: Symbol; font-size: 10pt; color: #C00000">&middot;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>GGP</B>: net
    charges of &euro;469 million in the nine months of 2020 (&euro;269 million in the quarter) included the accounting effect
    of certain fair-valued commodity derivatives lacking the formal criteria to be classified as hedges (&euro;469 million and
    &euro;318 million in the nine months of 2020 and in the quarter, respectively); the reclassification to adjusted operating
    profit of the negative balance of &euro;100 million (negative of &euro;93 million in the quarter) related to derivative financial
    instruments used to manage margin exposure to foreign currency exchange rate movements and exchange translation differences
    of commercial payables and receivables; and charge given by the difference between the change in gas inventories accounted
    under the weighted-average cost method provided by IFRS and management&rsquo;s own measure of inventories which moves forward
    at the time of inventory drawdown the margins captured on volumes in inventories above their normal levels leveraging the
    seasonal spread in gas prices net of the effects of the associated commodity derivatives (&euro;43 million in the quarter
    and &euro;95 million in the nine months);</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0px"><FONT STYLE="font-size: 10pt"></FONT></TD>
    <TD STYLE="width: 19px"><FONT STYLE="font-family: Symbol; font-size: 10pt; color: #C00000">&middot;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>R&amp;M and Chemicals:
    </B>net charges of &euro;1,034 million in the nine months (&euro;13 million in the quarter) relating mainly to impairment
    losses at refineries (&euro;1,004 million, mainly related to the first half) driven by a reviewed outlook for refining margins
    due to lower expectation on products spreads and the appreciation of medium-sour crude oil compared to the light-sweet crude
    oil. Other special items relate to environmental charges (&euro;13 million and &euro;74 million in the third quarter and the
    nine months of 2020, respectively), as well as the accounting effect of certain fair-valued commodity derivatives lacking
    the formal criteria to be classified as hedges or to be eligible for the own use exemption (gain of &euro;27 million and &euro;125
    million in the quarter and in the nine months of 2020, respectively);</FONT></TD></TR>
</TABLE>
<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


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    <!-- Field: /Page -->

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0px"><FONT STYLE="font-size: 10pt"></FONT></TD>
    <TD STYLE="width: 19px"><FONT STYLE="font-family: Symbol; font-size: 10pt; color: #C00000">&middot;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>EGL, Power, Renewables</B>:
    net charge of &euro;77 million (&euro;14 million in the quarter) included the accounting effect of certain fair-valued commodity
    derivatives lacking the formal criteria to be classified as hedges (charges of &euro;45 million and gain of &euro;14 million
    in the nine months of 2020 and in the third quarter, respectively) and provision for redundancy incentives (&euro;27 million
    and &euro;26 million in the nine months and in the quarter, respectively).</FONT></TD></TR>
</TABLE>
<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt"><B>Special
items of investment </B>in the nine months include: (i) charges of &euro;703 million relating to the JV V&aring;r Energi, driven
by impairment losses recorded at oil&amp;gas assets due to a revised oil price outlook. A special charge was also recorded in
connection with accrued currency translation differences at finance debt denominated in a currency other than the reporting currency
for which the reimbursement cash outflows are expected to be matched by highly probable cash inflows from the sale of production
volumes, in the same currency as the finance debt as part of a natural hedge relationship; (ii) a loss of &euro;246 million relating
to non-current assets impairment losses driven by a reviewed scenario of refining margins and the alignment of raw material and
products inventories to their net realizable values at period end at ADNOC Refining; (iii) charges of &euro;252 million relating
to Saipem.</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; color: #C00000">Reported results</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">In the nine
months of 2020, the Group reported a <B>net loss attributable to Eni&rsquo;s shareholders</B> of &euro;7,838 million compared
to a net profit of &euro;2,039 million reported in the same period of the previous year due to an operating loss of approximately
 &euro;3.6 billion. In addition to the drivers described in the review of the Company&rsquo;s business segments, the operating
performance was negatively affected by the recognition of impairment losses of &euro;2.75 billion mainly taken at oil&amp;gas
assets and refineries, driven by the revision of the scenario for Brent prices and margins and by the impact of falling oil and
product prices on inventories evaluation, which were aligned to their net realizable values at period end (resulting in an operating
charge of &euro;1.4 billion). The Group incurred losses of &euro;1.32 billion at joint ventures and other industrial investments
which were negatively affected by the same market and industrial trends as operated activities, as well as to impairment losses
of tangible assets and inventories valuation allowance.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">Finally,
the net result was negatively affected by the write-off of deferred tax assets driven by projections of lower future taxable income
(&euro;0.8 billion).</FONT></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; color: #C10000">&nbsp;&nbsp;</P>


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    <!-- Field: /Page -->

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; color: #C10000">&nbsp;&nbsp;</P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; color: #C10000">Net borrowings and cash flow from operations</P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; color: #C10000">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>IIQ
    </B></FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt"><B>IIIQ
    </B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt"><B>Nine
    months </B></FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; width: 5%; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>2020</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 64%; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; text-indent: 12pt"><FONT STYLE="font-size: 10pt">(&euro;
    million) </FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); width: 5%; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>2020</B></FONT></TD>
    <TD STYLE="width: 5%; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>2019</B></FONT></TD>
    <TD STYLE="width: 5%; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>Change</B></FONT></TD>
    <TD STYLE="width: 1%; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); width: 5%; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>2020</B></FONT></TD>
    <TD STYLE="width: 5%; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>2019</B></FONT></TD>
    <TD STYLE="width: 5%; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>Change</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>(4,405)</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt; color: #C00000"><B>Net
    profit (loss)</B></FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>(501)</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>524</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>(1,025)</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>(7,833)</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>2,044</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>(9,877)</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 0.25in"><FONT STYLE="font-size: 10pt"><I>Adjustments to reconcile net profit
    (loss) to net cash provided by operating activities: </I></FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">4,970</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 0.25in"><FONT STYLE="font-size: 10pt">- depreciation, depletion and amortization
    and other non monetary items</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">1,860</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">1,962</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(102)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">10,165</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">6,246</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">3,919</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(1)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt">- net gains on disposal
    of assets</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(2)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(18)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">16</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(6)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(44)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">38</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">1,245</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt">- dividends, interests
    and taxes</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">658</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">1,483</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(825)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">2,624</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">4,666</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(2,042)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">3</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt">Changes in working
    capital related to operations</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(74)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(438)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">364</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">614</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(972)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">1,586</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">172</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt">Dividends received
    by equity investments</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">85</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">72</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">13</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">413</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">1,227</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(814)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(334)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt">Taxes paid</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(352)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(1,220)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">868</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(1,424)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(3,736)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">2,312</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(247)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt">Interests (paid) received</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(218)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(310)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">92</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(719)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(764)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">45</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>1,403</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt; color: #C00000"><B>Net
    cash provided by operating activities</B></FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); white-space: nowrap; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>1,456</B></FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>2,055</B></FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>(599)</B></FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); white-space: nowrap; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>3,834</B></FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>8,667</B></FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>(4,833)</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(978)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt">Capital expenditure</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(889)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(1,899)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">1,010</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(3,457)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(6,135)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">2,678</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(42)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt">Investments</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(95)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(2,931)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">2,836</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(359)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(2,982)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">2,623</FONT></TD></TR>
<TR>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">13</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 0.25in"><FONT STYLE="font-size: 10pt">Disposal of consolidated subsidiaries,
    businesses, tangible and intangible assets and investments</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">1</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">192</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(191)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">22</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">230</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(208)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(300)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 0.25in"><FONT STYLE="font-size: 10pt">Other cash flow related to capital expenditure,
    investments and disposals</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(339)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(117)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(222)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(732)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(76)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(656)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>96</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt; color: #C00000"><B>Free
    cash flow</B></FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>134</B></FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: white; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>(2,700)</B></FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: white; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>2,834</B></FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: white; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>(692)</B></FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: white; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>(296)</B></FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: white; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>(396)</B></FONT></TD></TR>
<TR>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">1,198</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 0.25in"><FONT STYLE="font-size: 10pt">Borrowings (repayment) of debt related
    to financing activities</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">507</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(31)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">538</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">970</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(153)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">1,123</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">3,359</FONT></TD>
    <TD STYLE="background-color: white; padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt; color: black">Changes
    in short and long-term financial debt</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">372</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(1,432)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">1,804</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">3,279</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(2,095)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">5,374</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(213)</FONT></TD>
    <TD STYLE="background-color: white; padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt; color: black">Repayment
    of lease liabilities</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(214)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(255)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">41</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(676)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(652)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(24)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(1,537)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 0.25in"><FONT STYLE="font-size: 10pt">Dividends paid and changes in non-controlling
    interests and reserves</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(423)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(1,719)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">1,296</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(1,960)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(3,244)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">1,284</FONT></TD></TR>
<TR>
    <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(17)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 0.25in"><FONT STYLE="font-size: 10pt">Effect of changes in consolidation, exchange
    differences and cash and cash equivalent </FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; background-color: rgb(242,242,242); white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(24)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">16</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(40)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; background-color: rgb(242,242,242); white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(36)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">18</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(54)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: Black 2pt double; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>2,886</B></FONT></TD>
    <TD STYLE="border-bottom: Black 2pt double; padding-right: 5.4pt; padding-left: 0.25in"><FONT STYLE="font-size: 10pt; color: #C00000"><B>NET INCREASE (DECREASE)
    IN CASH AND CASH EQUIVALENT</B></FONT></TD>
    <TD STYLE="border-bottom: Black 2pt double; background-color: rgb(242,242,242); white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>352</B></FONT></TD>
    <TD STYLE="border-bottom: Black 2pt double; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>(6,121)</B></FONT></TD>
    <TD STYLE="border-bottom: Black 2pt double; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>6,473</B></FONT></TD>
    <TD STYLE="border-bottom: Black 2pt double; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 2pt double; background-color: rgb(242,242,242); white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>885</B></FONT></TD>
    <TD STYLE="border-bottom: Black 2pt double; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>(6,422)</B></FONT></TD>
    <TD STYLE="border-bottom: Black 2pt double; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>7,307</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: Black 2pt double; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>1,148</B></FONT></TD>
    <TD STYLE="border-bottom: Black 2pt double; padding-right: 5.4pt; padding-left: 0.25in"><FONT STYLE="font-size: 10pt; color: #C00000"><B>Adjusted net cash
    before changes in working capital at replacement cost </B></FONT></TD>
    <TD STYLE="border-bottom: Black 2pt double; background-color: rgb(242,242,242); white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>1,774</B></FONT></TD>
    <TD STYLE="border-bottom: Black 2pt double; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>2,573</B></FONT></TD>
    <TD STYLE="border-bottom: Black 2pt double; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>(799)</B></FONT></TD>
    <TD STYLE="border-bottom: Black 2pt double; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 2pt double; background-color: rgb(242,242,242); white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>5,144</B></FONT></TD>
    <TD STYLE="border-bottom: Black 2pt double; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>9,162</B></FONT></TD>
    <TD STYLE="border-bottom: Black 2pt double; white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>(4,018)</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 0.25in">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>IIQ
    </B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt"><B>IIIQ
    </B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt"><B>Nine
    months </B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>2020</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center; text-indent: 12pt"><FONT STYLE="font-size: 10pt">(&euro;
    million) </FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>2020</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>2019</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>Change</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>2020</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>2019</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>Change</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>96</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>Free
    cash flow</B></FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>134</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>(2,700)</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>2,834</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>(692)</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>(296)</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>(396)</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(213)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt">Repayment
    of lease liabilities</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(214)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(255)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">41</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(676)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(652)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(24)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(1)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt">Net
    borrowings of acquired companies</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(67)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(67)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt">Net
    borrowings of divested companies</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">13</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(13)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">13</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(13)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">246</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 0.25in"><FONT STYLE="font-size: 10pt">Exchange differences on net borrowings
    and other changes</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">307</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(179)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">486</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">347</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(241)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">588</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(1,537)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 0.25in"><FONT STYLE="font-size: 10pt">Dividends paid and changes in non-controlling
    interest and reserves</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(423)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(1,719)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">1,296</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(1,960)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(3,244)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">1,284</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>(1,409)</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 0.25in"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>CHANGE IN NET BORROWINGS
    BEFORE LEASE LIABILITIES</B></FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>(196)</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>(4,840)</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>4,644</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>(3,048)</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>(4,420)</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>1,372</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt">IFRS 16 first application
    effect</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(5,759)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">5,759</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">213</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt">Repayment of lease
    liabilities</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">214</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">255</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(41)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">676</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">652</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">24</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(94)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt">New leases subscription
    of the period and other changes</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">100</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(341)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">441</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(356)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(701)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">345</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>119</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt; color: #C00000"><B>Change
    in lease liabilities</B></FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>314</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>(86)</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>400</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>320</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>(5,808)</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>6,128</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; border-bottom: black 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>(1,290)</B></FONT></TD>
    <TD STYLE="white-space: nowrap; border-bottom: black 2.25pt double; padding-right: 5.4pt; padding-left: 0.25in"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>CHANGE
    IN NET BORROWINGS AFTER LEASE LIABILITIES</B></FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); white-space: nowrap; border-bottom: black 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>118</B></FONT></TD>
    <TD STYLE="white-space: nowrap; border-bottom: black 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>(4,926)</B></FONT></TD>
    <TD STYLE="white-space: nowrap; border-bottom: black 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>5,044</B></FONT></TD>
    <TD STYLE="white-space: nowrap; border-bottom: black 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); white-space: nowrap; border-bottom: black 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>(2,728)</B></FONT></TD>
    <TD STYLE="white-space: nowrap; border-bottom: black 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>(10,228)</B></FONT></TD>
    <TD STYLE="white-space: nowrap; border-bottom: black 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>7,500</B></FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt"><B>Net cash
provided by operating activities</B> in the nine months of 2020 was &euro;3,834 million, 56% lower than the same period of the
previous year due to a deteriorated scenario and the circumstance that the 2019 amount included higher dividends paid by the JV
V&aring;r Energi (&euro;1,047 million in 2019 vs. &euro;232 million in the current period).</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">Changes in
working capital in the nine months of 2020 were positive for &euro;614 million mainly driven by a reduction in the book value
of inventories due to the alignment to their net realizable values at period-end and despite a lower amount of trade receivables
due in subsequent reporting periods divested to financing institutions compared to the fourth quarter 2019 (-&euro;1.2 billion).</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt"><B>Adjusted
cash flow</B> was &euro;5,144 million (&euro;1,774 million in the quarter) 44% lower than the same period of the previous year.
This Non-GAAP measure includes net cash provided by operating activities before changes in working capital excluding inventory
holding gains or losses and provisions for extraordinary credit losses and other charges, as well as from the third quarter 2020
considering the high market volatility, changes in fair value of commodity derivatives lacking the formal criteria to be designated
as hedges, for which the underlying transactions are expected to occur in future reporting periods. The reduction from the nine
months 2019 is due to scenario effects of -&euro;4.8 billion, including the impact of dividends from equity accounted entities,
operational impacts associated with the COVID-19 for -&euro;0.9 billion, while the underlying performance was a positive of &euro;1.7
billion.</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">The Group
cash tax rate was 29% (33% in the nine months of 2019).</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>


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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">A reconciliation
of <B>adjusted net cash before changes in working capital at replacement cost </B>to net cash provided by operating activities
for the third quarter and nine-months period of 2020 is provided below:</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR>
    <TD STYLE="vertical-align: bottom; text-align: center"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></TD>
    <TD COLSPAN="2" STYLE="text-align: center"><FONT STYLE="font-size: 10pt"><B>IIIQ</B></FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></TD>
    <TD COLSPAN="2" STYLE="text-align: center"><FONT STYLE="font-size: 10pt"><B>Nine months&nbsp;</B></FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; width: 64%; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 8pt">(&euro;
    million) </FONT></TD>
    <TD STYLE="background-color: rgb(237,237,237); width: 6%; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>2020</B></FONT></TD>
    <TD STYLE="width: 6%; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>2019</B></FONT></TD>
    <TD STYLE="width: 6%; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>Change</B></FONT></TD>
    <TD STYLE="background-color: rgb(237,237,237); width: 6%; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>2020</B></FONT></TD>
    <TD STYLE="width: 6%; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>2019</B></FONT></TD>
    <TD STYLE="width: 6%; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>Change</B></FONT></TD></TR>
<TR>
    <TD STYLE="background-color: white; padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt">Net
    cash provided by operating activities</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #EDEDED; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">1,456</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: white; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">2,055</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: white; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(599)</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #EDEDED; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">3,834</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: white; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">8,667</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: white; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(4,833)</FONT></TD></TR>
<TR>
    <TD STYLE="background-color: white; padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt">Changes
    in working capital related to operations</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #EDEDED; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">74</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: white; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">438</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: white; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(364)</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #EDEDED; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(614)</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: white; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">972</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: white; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(1,586)</FONT></TD></TR>
<TR>
    <TD STYLE="background-color: white; padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt">Exclusion
    of commodity derivatives</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #EDEDED; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">277</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: white; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(29)</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: white; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">306</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #EDEDED; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">389</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: white; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(240)</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: white; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">629</FONT></TD></TR>
<TR>
    <TD STYLE="background-color: white; padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt">Exclusion
    of inventory holding (gains) losses</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #EDEDED; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(7)</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: white; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">109</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: white; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(116)</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #EDEDED; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">1,387</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: white; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(237)</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: white; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">1,624</FONT></TD></TR>
<TR>
    <TD STYLE="background-color: white; padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt">Provisions
    for extraordinary credit losses and other charges</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #EDEDED; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(26)</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: white; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: white; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #EDEDED; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">148</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: white; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: white; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="white-space: nowrap; border-bottom: black 2.25pt double; padding-right: 5.4pt; padding-left: 0.25in"><FONT STYLE="font-size: 10pt; color: #C00000"><B>Adjusted
    net cash before changes in working capital at replacement cost </B></FONT></TD>
    <TD STYLE="white-space: nowrap; border-bottom: black 2.25pt double; background-color: #EDEDED; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>1,774</B></FONT></TD>
    <TD STYLE="white-space: nowrap; border-bottom: black 2.25pt double; background-color: white; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>2,573</B></FONT></TD>
    <TD STYLE="white-space: nowrap; border-bottom: black 2.25pt double; background-color: white; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>(799)</B></FONT></TD>
    <TD STYLE="white-space: nowrap; border-bottom: black 2.25pt double; background-color: #EDEDED; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>5,144</B></FONT></TD>
    <TD STYLE="white-space: nowrap; border-bottom: black 2.25pt double; background-color: white; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>9,162</B></FONT></TD>
    <TD STYLE="white-space: nowrap; border-bottom: black 2.25pt double; background-color: white; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>(4,018)</B></FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt"><B>Cash outflows
for capital expenditure and investments</B> were &euro;3,816 million, including the acquisition of the control of the Evolvere
company and of minority interests in Finproject and in Novis Renewables Holdings, as well as capital contributions made to certain
equity-accounted entities engaged in the execution of projects of Eni&rsquo;s interest. Net of the above-mentioned non-organic
items and of utilization of trade advances cashed by Egyptian partners in previous reporting periods in relation to the financing
of the Zohr project (&euro;0.26 billion), net capital expenditures amounted to &euro;3.76 billion, 33% lower than the same period
of 2019 leveraging the curtailments implemented by the management following a review of the industrial plan 2020-2021 in response
to the pandemic COVID-19 crisis. In the nine months of 2020 net capex were fully funded by the adjusted cash flow.</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;&nbsp;</P>


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    <!-- Field: /Page -->

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;&nbsp;</P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; color: #C10000">Summarized Group Balance Sheet</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; color: rgb(193,0,0)">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; width: 70%; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt">(&euro;
    million)</FONT></TD>
    <TD STYLE="width: 13%; border-bottom: black 1pt solid; background-color: #F2F2F2; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: black"><B>Sept.
    30, 2020</B></FONT></TD>
    <TD STYLE="width: 11%; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>Dec.
    31, 2019</B></FONT></TD>
    <TD STYLE="width: 6%; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 10pt"><B>Change</B></FONT></TD></TR>
<TR>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: #F2F2F2; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: white; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #F2F2F2; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: white; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt; color: #C00000"><B>Fixed
    assets</B></FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #F2F2F2; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: white; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 9pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt">Property,&nbsp;&nbsp;plant
    and equipment </FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #F2F2F2; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: black">55,726</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: white; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: black">62,192</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(6,466)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 9pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt">Right
    of use</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #F2F2F2; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: black">4,950</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: white; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: black">5,349</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(399)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 9pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt">Intangible
    assets</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #F2F2F2; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: black">3,025</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: white; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: black">3,059</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(34)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 9pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt">Inventories
    - Compulsory stock</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #F2F2F2; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: black">914</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: white; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: black">1,371</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(457)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 9pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt">Equity-accounted
    investments and other investments</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #F2F2F2; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: black">8,130</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: white; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: black">9,964</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(1,834)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 9pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt">Receivables
    and securities held for operating purposes</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #F2F2F2; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: black">1,264</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: white; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: black">1,234</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">30</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 9pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt">Net
    payables related to capital expenditure</FONT></TD>
    <TD STYLE="white-space: nowrap; border-bottom: black 1pt solid; background-color: #F2F2F2; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: black">(1,473)</FONT></TD>
    <TD STYLE="white-space: nowrap; border-bottom: black 1pt solid; background-color: white; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: black">(2,235)</FONT></TD>
    <TD STYLE="white-space: nowrap; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">762</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #F2F2F2; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>72,536</B></FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: white; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>80,934</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>(8,398)</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt; color: #C00000"><B>Net
    working capital</B></FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #F2F2F2; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: white; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 9pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt">Inventories</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #F2F2F2; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: black">4,031</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: white; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: black">4,734</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(703)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 9pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt">Trade
    receivables</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #F2F2F2; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: black">6,968</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: white; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: black">8,519</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(1,551)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 9pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt">Trade
    payables</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #F2F2F2; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: black">(7,736)</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: white; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: black">(10,480)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">2,744</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 9pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt">Net
    tax assets (liabilities)</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #F2F2F2; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: black">(3,500)</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: white; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: black">(1,594)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(1,906)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 9pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt">Provisions</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #F2F2F2; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: black">(13,225)</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: white; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: black">(14,106)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">881</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 9pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt">Other
    current assets and liabilities</FONT></TD>
    <TD STYLE="white-space: nowrap; border-bottom: black 1pt solid; background-color: #F2F2F2; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: black">(1,597)</FONT></TD>
    <TD STYLE="white-space: nowrap; border-bottom: black 1pt solid; background-color: white; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: black">(1,864)</FONT></TD>
    <TD STYLE="white-space: nowrap; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">267</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #F2F2F2; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>(15,059)</B></FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: white; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>(14,791)</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>(268)</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt; color: #C00000"><B>Provisions
    for employee post-retirements benefits</B></FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #F2F2F2; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>(1,109)</B></FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: white; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>(1,136)</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>27</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt; color: #C00000"><B>Assets
    held for sale including related liabilities</B></FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #F2F2F2; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>18</B></FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: white; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>18</B></FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: white; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt; color: #C00000"><B>CAPITAL
    EMPLOYED, NET</B></FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-bottom: black 1pt solid; background-color: #F2F2F2; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>56,386</B></FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-bottom: black 1pt solid; background-color: white; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>65,025</B></FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>(8,639)</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #F2F2F2; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: white; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt">Eni's
    shareholders equity</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #F2F2F2; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: black">36,460</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: white; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: black">47,839</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(11,379)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt">Non-controlling
    interest</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #F2F2F2; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: black">73</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: white; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: black">61</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">12</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt; color: #C00000"><B>Shareholders'
    equity</B></FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #F2F2F2; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>36,533</B></FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: white; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>47,900</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>(11,367)</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt; color: #C00000"><B>Net
    borrowings before lease liabilities ex IFRS 16</B></FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #F2F2F2; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>14,525</B></FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: white; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>11,477</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>3,048</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt; color: #C00000"><B>Lease
    liabilities</B></FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #F2F2F2; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>5,328</B></FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: white; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>5,648</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>(320)</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt">-
    of which Eni working interest</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #F2F2F2; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: black">3,588</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">3,672</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(84)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt">-
    of which Joint operators' working interest</FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #F2F2F2; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: black">1,740</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">1,976</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(236)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt; color: #C00000"><B>Net
    borrowings after lease liabilities ex IFRS 16</B></FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #F2F2F2; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>19,853</B></FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: white; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>17,125</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>2,728</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt; color: #C00000"><B>TOTAL
    LIABILITIES AND SHAREHOLDERS' EQUITY</B></FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-bottom: black 1pt solid; background-color: #F2F2F2; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>56,386</B></FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-bottom: black 1pt solid; background-color: white; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>65,025</B></FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>(8,639)</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt"><B>Leverage
    before lease liabilities ex IFRS 16</B></FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #F2F2F2; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: black"><B>0.40</B></FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: white; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: black"><B>0.24</B></FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: white; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: black"><B>0.16</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt"><B>Leverage
    after lease liabilities ex IFRS 16</B></FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: #F2F2F2; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: black"><B>0.54</B></FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: white; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: black"><B>0.36</B></FONT></TD>
    <TD STYLE="white-space: nowrap; background-color: white; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: black"><B>0.18</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; border-bottom: black 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt"><B>Gearing</B></FONT></TD>
    <TD STYLE="white-space: nowrap; border-bottom: black 2.25pt double; background-color: #F2F2F2; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: black"><B>0.35</B></FONT></TD>
    <TD STYLE="white-space: nowrap; border-bottom: black 2.25pt double; background-color: white; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: black"><B>0.26</B></FONT></TD>
    <TD STYLE="white-space: nowrap; border-bottom: black 2.25pt double; background-color: white; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: black"><B>0.09</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0px"><FONT STYLE="font-size: 10pt"></FONT></TD>
    <TD STYLE="width: 19px"><FONT STYLE="font-family: Symbol; font-size: 10pt; color: #C00000">&middot;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">As of September
    30, 2020, <B>fixed assets</B> decreased by &euro;8,398 million mainly due to: (i) impairment losses and amortization and depletion
    charges taken at PP&amp;E, as well as negative currency translation differences partly offset by capex incurred in the period;
    (ii) a reduction in the book value of equity accounted investments and other investments driven by losses incurred at the
    main equity-accounted entities (V&aring;r Energi and ADNOC Refining); (iii) the write-down of compulsory stock following a
    decline in crude oil and product prices.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0px"><FONT STYLE="font-size: 10pt"></FONT></TD>
    <TD STYLE="width: 19px"><FONT STYLE="font-family: Symbol; font-size: 10pt; color: #C00000">&middot;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Net working capital
    </B>(-&euro;15,059 million) decreased by &euro;268 million mainly driven by a lower value of oil and products inventories
    due to the alignment of the book value to market prices at the period-end (-&euro;703 million), the write-off of deferred
    tax assets due to a deteriorated profitability outlook, partly offset by a higher balance between trade payable paid and trade
    receivables cashed (approximately up by &euro;1.2 billion) and reduced provisions mainly due to utilizations with respect
    to the incurrence of expenses.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0px"><FONT STYLE="font-size: 10pt"></FONT></TD>
    <TD STYLE="width: 19px"><FONT STYLE="font-family: Symbol; font-size: 10pt; color: #C00000">&middot;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Shareholders&rsquo;
    equity</B> (&euro;36,533 million) decreased by &euro;11,367 million compared to December 31, 2019 due to the net loss for
    the period (-&euro;7,833 million), the payment of dividends to Eni&rsquo;s shareholders (&euro;1,965 million related to the
    2019 final dividend and the 2020 interim dividend) as well as negative foreign currency translation differences (-&euro;1,806
    million) reflecting the depreciation of the dollar vs. the euro as of September 30, 2020 vs. December 31, 2019, partly offset
    by a positive change in the cash flow hedge reserve (+&euro;271 million).</FONT> <FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 9pt"></FONT></TD></TR>
</TABLE>
<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0px"><FONT STYLE="font-size: 10pt"></FONT></TD>
    <TD STYLE="width: 19px"><FONT STYLE="font-family: Symbol; font-size: 10pt; color: #C00000">&middot;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Net borrowings</B><SUP>4
    </SUP>as of September 30, 2020 were &euro;19,853 million increasing by &euro;2,728 million from 2019. When excluding the lease
    liabilities, net borrowings were re-determined at &euro;14,525 million increasing by &euro;3,048 million.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0px"><FONT STYLE="font-size: 10pt"></FONT></TD>
    <TD STYLE="width: 19px"><FONT STYLE="font-family: Symbol; font-size: 10pt; color: #C00000">&middot;</FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Leverage</B><SUP>5
    </SUP>&ndash; the ratio of the borrowings to total equity - was 0.54 at September 30, 2020. The impact of the lease liability
    pertaining to joint operators in Eni-led upstream unincorporated joint ventures weighted on leverage for 4 points. Excluding
    the impact of IFRS 16 altogether, leverage would be 0.40.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 14.2pt; text-align: justify"></P>

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<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 14.2pt; text-align: justify"></P>

<P STYLE="font: 1pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 8pt"><SUP>4 </SUP>Details
on net borrowings are furnished on page 31.</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 8pt"><SUP>5 </SUP>Non-GAAP
financial measures and other alternative performance indicators disclosed throughout this press release are accompanied by explanatory
notes and tables in line with guidance provided by ESMA guidelines on alternative performance measures (ESMA/2015/1415), published
on October 5, 2015. For further information, see the section &ldquo;Non-GAAP measures&rdquo; of this press release. See pages
23 and subsequent.</FONT></P>

<P STYLE="font: 5pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 5pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>


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    <!-- Field: /Page -->

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; color: #C00000"><I>&nbsp;</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; color: #C00000"><I>Other information, basis
of presentation and disclaimer</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; color: #C00000"><FONT STYLE="font-size: 10pt"><I>&nbsp;</I></FONT></P>

<P STYLE="font: 7.5pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">This press
release on Eni&rsquo;s results for the third quarter and the nine months of 2020 has been prepared on a voluntary basis according
to article 82-ter, Regulations on issuers (CONSOB Regulation No. 11971 of May 14, 1999 and subsequent amendments and inclusions).
The disclosure of results and business trends on a quarterly basis is consistent with Eni&rsquo;s policy to provide the market
and investors with regular information about the Company&rsquo;s financial and industrial performances and business prospects
considering the reporting policy followed by oil&amp;gas peers who are communicating results on quarterly basis. Results and cash
flow are presented for the second and third quarter of 2020, the nine months of 2020 and for the third quarter and the nine months
of 2019. Information on the Company&rsquo;s financial position relates to end of the periods as of September 30, 2020 and December
31, 2019.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 7.5pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">Accounts
set forth herein have been prepared in accordance with the evaluation and recognition criteria set by the International Financial
Reporting Standards (IFRS) issued by the International Accounting Standards Board (IASB) and adopted by the European Commission
according to the procedure set forth in Article 6 of the European Regulation (CE) No. 1606/2002 of the European Parliament and
European Council of July 19, 2002.</FONT></P>

<P STYLE="font: 7.5pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 7.5pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">These criteria are unchanged
from the 2019 Annual Report on Form 20-F filed with the US SEC on April 2, 2020, which investors are urged to read.</FONT></P>

<P STYLE="font: 7.5pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 7.5pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">Effective
January 1, 2020, Eni has updated the conversion rate of gas produced to 5,310 cubic feet of gas equals 1 barrel of oil (it was
5,408 cubic feet of gas per barrel in previous reporting periods). This update reflected changes in volumes and Eni&rsquo;s gas
properties that took place in the last years and was assessed by collecting data on the heating power of gas in Eni&rsquo;s gas
fields currently on stream. The effect of this update on production expressed in boe was 16 kboe/d for the third quarter and nine
months. For the sake of comparability also production of the first and the second quarter of 2020 was restated resulting in an
effect equal to that of the third quarter. Other per-boe indicators were only marginally affected by the update (e.g. realized
prices, costs per boe) and also negligible was the impact on depletion charges. Other oil companies may use different conversion
rates.</FONT></P>

<P STYLE="font: 7.5pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 7.5pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt"><B>The
Group&rsquo;s new segment information</B></FONT></P>

<P STYLE="font: 7.5pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 7.5pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">Effective
July 1, 2020, Eni&rsquo;s management has redesigned the macro-organizational structure of the Group, in line with its new long-term
strategy, disclosed on February 2020 to the market and aimed at transforming the Company into a leader in the production and marketing
of decarbonized energy products.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 7.5pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">The new
organization is based on two new business groups:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&bull;</B></FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Natural Resources,
    to build up the value of Eni&rsquo;s oil &amp; gas upstream portfolio, with the objective of reducing its carbon footprint
    by scaling up energy efficiency and expanding production in the natural gas business, and its position in the wholesale market.
    Furthermore, it will focus its actions on the development of carbon capture and compensation projects. The business group
    will incorporate the Company&rsquo;s oil &amp; gas exploration, development and production activities, natural gas wholesale
    via pipeline and LNG. In addition, it will include forests conservation (REDD+) and carbon storage projects. The company Eni
    Rewind (environmental activities), will also be consolidated in this business Group.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 24px"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 24px"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&bull;</B></FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Energy Evolution&nbsp;will
    focus on the evolution of the businesses of power generation, transformation and marketing of products from fossil to bio,
    blue and green. In particular, it will focus on growing power generation from renewable energy and biomethane, it will coordinate
    the bio and circular evolution of the Company&rsquo;s refining system and chemical business, and it will further develop Eni&rsquo;s
    retail portfolio, providing increasingly more decarbonized products for mobility, household consumption and small enterprises.
    The business group will incorporate the activities of power generation from natural gas and renewables, the refining and chemicals
    businesses, Retail Gas&amp;Power and mobility Marketing. The companies Versalis (chemical products) and Eni gas e luce will
    also be consolidated in this business Group.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 7.5pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">In re-designing
the Group&rsquo;s segment information for financial reporting purposes, the management evaluated that the components of the Company
whose operating results are regularly reviewed by the Chief Operating Decision Maker (CEO) to make decisions about the allocation
of resources and to assess performances would continue being the single business units which are comprised in the two newly-established
business groups, rather than the two groups themselves. Therefore, in order to comply with the provisions of the international
reporting standard that regulates the segment reporting (IFRS 8), the new reportable segments of Eni, substantially confirming
the pre-existing setup, are identified as follows:</FONT></P>

<P STYLE="font: 7.5pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0px"><FONT STYLE="font-size: 10pt"></FONT></TD>
    <TD STYLE="width: 19px"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&bull;</B></FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Exploration &amp;
    Production</B>: research, development and production of oil, condensates and natural gas, forestry conservation (REDD+) and
    CO<SUB>2</SUB> capture and storage projects.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0px"><FONT STYLE="font-size: 10pt"></FONT></TD>
    <TD STYLE="width: 19px"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&bull;</B></FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Global Gas and
    LNG Portfolio (GGP): </B>supply and sale of wholesale natural gas by pipeline, international transport and purchase and marketing
    of LNG. It includes gas trading activities finalized to hedging and stabilizing the trade margins, as well as optimising the
    gas asset portfolio.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0px"><FONT STYLE="font-size: 10pt"></FONT></TD>
    <TD STYLE="width: 19px"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&bull;</B></FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Refining &amp;
    Marketing and Chemicals:</B> supply, processing, distribution and marketing of fuels and chemicals.&nbsp;The results of the
    Chemicals segment were aggregated with the Refining &amp; Marketing performance in a single reportable segment, because these
    two operating segments have similar economic returns.&nbsp;It comprises the activities of trading oil and products with the
    aim to execute the transactions on the market in order to balance the supply and stabilize and cover the commercial margins.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0px"><FONT STYLE="font-size: 10pt"></FONT></TD>
    <TD STYLE="width: 19px"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&bull;</B></FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Retail gas &amp;
    power and generation of electricity from traditional/renewable sources.</B>&nbsp;Retail sales of gas, electricity and related
    services, production and wholesale sales of electricity from thermoelectric and renewable plants.&nbsp;It includes trading
    activities of CO<SUB>2</SUB> emission certificates and forward sale of electricity with a view to hedging/optimising the margins
    of the electricity.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0px"><FONT STYLE="font-size: 10pt"></FONT></TD>
    <TD STYLE="width: 19px"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&bull;</B></FONT></TD>
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Corporate and
    Other activities: </B>includes the main business support functions, in particular holding, central treasury, IT, human resources,
    real estate services, captive insurance activities, research and development, new technologies, business digitalization and
    the environmental activity developed by the subsidiary Eni Rewind.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 7.5pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 14.2pt; text-align: justify; text-indent: -14.2pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 7.5pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">According
to the requirements of IFRS 8, the new Eni information segment has been effective since January 1, 2020;&nbsp;therefore, the results
of the first and second quarter of 2020 and the 2019 comparative periods have been restated to adjust them to the change of the
segment information, as follows:</FONT></P>

<P STYLE="font: 7.5pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 7.5pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right; text-indent: 12pt"><FONT STYLE="font-size: 8pt; color: #C00000"><B>2020</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="white-space: nowrap; border-top: #BFBFBF 1pt dotted; border-right: #BFBFBF 1pt dotted; border-left: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 8pt"><B>First quarter</B></FONT></TD>
    <TD COLSPAN="2" STYLE="white-space: nowrap; border-top: #BFBFBF 1pt dotted; border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 8pt"><B>Second quarter</B></FONT></TD>
    <TD COLSPAN="2" STYLE="white-space: nowrap; border-top: #BFBFBF 1pt dotted; border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 8pt"><B>Third quarter</B></FONT></TD>
    <TD COLSPAN="2" STYLE="white-space: nowrap; border-top: #BFBFBF 1pt dotted; border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 8pt"><B>Nine months</B></FONT></TD></TR>
<TR>
    <TD COLSPAN="2" STYLE="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="border-left: #BFBFBF 1pt dotted; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>As published</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>As restated</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>As published</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>As restated</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>previous segmentation</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>new segmentation</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>previous segmentation</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>new segmentation</B></FONT></TD></TR>
<TR>
    <TD STYLE="width: 42%; padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 12pt"><FONT STYLE="font-size: 8pt"><B>Adjusted operating profit (loss)</B></FONT></TD>
    <TD STYLE="width: 2%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 6%; border-left: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>1,307</B></FONT></TD>
    <TD STYLE="width: 6%; border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>1,307</B></FONT></TD>
    <TD STYLE="width: 6%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>(434)</B></FONT></TD>
    <TD STYLE="width: 6%; border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>(434)</B></FONT></TD>
    <TD STYLE="width: 8%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>537</B></FONT></TD>
    <TD STYLE="width: 8%; border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>537</B></FONT></TD>
    <TD STYLE="width: 8%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>1,410</B></FONT></TD>
    <TD STYLE="width: 8%; border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>1,410</B></FONT></TD></TR>
<TR>
    <TD STYLE="padding-right: 5.4pt; padding-left: 9pt; text-indent: 12pt"><FONT STYLE="font-size: 8pt"><I>of which: E&amp;P</I></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="border-left: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><I>1,037</I></FONT></TD>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><I>1,037</I></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><I>(807)</I></FONT></TD>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><I>(807)</I></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><I>515</I></FONT></TD>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><I>515</I></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><I>745</I></FONT></TD>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><I>745</I></FONT></TD></TR>
<TR>
    <TD STYLE="padding-right: 5.4pt; padding-left: 27pt; text-indent: 12pt"><FONT STYLE="font-size: 8pt"><I>G&amp;P</I></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="border-left: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><I>431</I></FONT></TD>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><I>218</I></FONT></TD>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><I>125</I></FONT></TD>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><I>774</I></FONT></TD>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD></TR>
<TR>
    <TD STYLE="padding-right: 5.4pt; padding-left: 27pt; text-indent: 12pt"><FONT STYLE="font-size: 8pt"><I>GGP</I></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="border-left: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><I>233</I></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><I>130</I></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><I>64</I></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><I>427</I></FONT></TD></TR>
<TR>
    <TD STYLE="padding-right: 5.4pt; padding-left: 27pt; text-indent: 12pt"><FONT STYLE="font-size: 8pt"><I>Refining &amp; Marketing and Chemicals</I></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="border-left: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><I>16</I></FONT></TD>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><I>16</I></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><I>73</I></FONT></TD>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><I>73</I></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><I>21</I></FONT></TD>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><I>21</I></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><I>110</I></FONT></TD>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><I>110</I></FONT></TD></TR>
<TR>
    <TD STYLE="padding-right: 5.4pt; padding-left: 27pt; text-indent: 12pt"><FONT STYLE="font-size: 8pt"><I>EGL, Power, Renewables</I></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="border-left: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><I>191</I></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><I>85</I></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><I>57</I></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><I>333</I></FONT></TD></TR>
<TR>
    <TD STYLE="padding-right: 5.4pt; padding-left: 27pt; text-indent: 12pt"><FONT STYLE="font-size: 8pt"><I>Corporate and other activities</I></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="border-left: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><I>(211)</I></FONT></TD>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><I>(204)</I></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><I>(138)</I></FONT></TD>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><I>(135)</I></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><I>(88)</I></FONT></TD>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><I>(84)</I></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><I>(437)</I></FONT></TD>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><I>(423)</I></FONT></TD></TR>
<TR>
    <TD STYLE="border-bottom: Black 2pt double; padding-right: 5.4pt; padding-left: 38.5pt"><FONT STYLE="font-size: 8pt"><I>Impact of unrealized intragroup profit elimination and other consolidation adjustments</I></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-left: #BFBFBF 1pt dotted; border-bottom: black 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><I>34</I></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><I>34</I></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><I>220</I></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><I>220</I></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><I>(36)</I></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><I>(36)</I></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><I>218</I></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><I>218</I></FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


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<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 7.5pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt; color: #C00000"><B>2019</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="white-space: nowrap; border-top: #BFBFBF 1pt dotted; border-right: #BFBFBF 1pt dotted; border-left: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 8pt"><B>First half</B></FONT></TD>
    <TD COLSPAN="2" STYLE="white-space: nowrap; border-top: #BFBFBF 1pt dotted; border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 8pt"><B>Third quarter</B></FONT></TD>
    <TD COLSPAN="2" STYLE="white-space: nowrap; border-top: #BFBFBF 1pt dotted; border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 8pt"><B>Fourth quarter</B></FONT></TD>
    <TD COLSPAN="2" STYLE="white-space: nowrap; border-top: #BFBFBF 1pt dotted; border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-size: 8pt"><B>Full year</B></FONT></TD></TR>
<TR>
    <TD COLSPAN="2" STYLE="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="border-left: #BFBFBF 1pt dotted; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>As published</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>As restated</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>As published</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>As restated</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>As published</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>As restated</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>As published</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>As restated</B></FONT></TD></TR>
<TR>
    <TD STYLE="width: 42%; padding-left: 13.5pt"><FONT STYLE="font-size: 8pt"><B>Adjusted operating profit (loss)</B></FONT></TD>
    <TD STYLE="width: 2%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center">&nbsp;</TD>
    <TD STYLE="width: 6%; border-left: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>4,633</B></FONT></TD>
    <TD STYLE="width: 6%; border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>4,633</B></FONT></TD>
    <TD STYLE="width: 6%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>2,159</B></FONT></TD>
    <TD STYLE="width: 6%; border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>2,159</B></FONT></TD>
    <TD STYLE="width: 8%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>1,805</B></FONT></TD>
    <TD STYLE="width: 8%; border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>1,805</B></FONT></TD>
    <TD STYLE="width: 8%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>8,597</B></FONT></TD>
    <TD STYLE="width: 8%; border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>8,597</B></FONT></TD></TR>
<TR>
    <TD STYLE="padding-left: 20.25pt"><FONT STYLE="font-size: 8pt"><I>of which: E&amp;P</I></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="border-left: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><I>4,448</I></FONT></TD>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><I>4,448</I></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><I>2,141</I></FONT></TD>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><I>2,141</I></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><I>2,051</I></FONT></TD>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><I>2,051</I></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><I>8,640</I></FONT></TD>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><I>8,640</I></FONT></TD></TR>
<TR>
    <TD STYLE="padding-right: 5.4pt; padding-left: 27pt; text-indent: 12pt"><FONT STYLE="font-size: 8pt"><I>G&amp;P</I></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="border-left: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><I>378</I></FONT></TD>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><I>89</I></FONT></TD>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><I>118</I></FONT></TD>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><I>585</I></FONT></TD>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD></TR>
<TR>
    <TD STYLE="padding-right: 5.4pt; padding-left: 27pt; text-indent: 12pt"><FONT STYLE="font-size: 8pt"><I>GGP</I></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="border-left: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><I>170</I></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><I>69</I></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><I>(46)</I></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><I>193</I></FONT></TD></TR>
<TR>
    <TD COLSPAN="2" STYLE="padding-right: 5.4pt; padding-left: 27pt; text-indent: 12pt"><FONT STYLE="font-size: 8pt"><I>Refining &amp; Marketing and Chemicals</I></FONT></TD>
    <TD STYLE="border-left: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><I>33</I></FONT></TD>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><I>33</I></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><I>149</I></FONT></TD>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><I>149</I></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><I>(161)</I></FONT></TD>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><I>(161)</I></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><I>21</I></FONT></TD>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><I>21</I></FONT></TD></TR>
<TR>
    <TD STYLE="padding-right: 5.4pt; padding-left: 27pt; text-indent: 12pt"><FONT STYLE="font-size: 8pt"><I>EGL, Power, Renewables</I></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="border-left: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><I>199</I></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><I>15</I></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><I>156</I></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right">&nbsp;</TD>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><I>370</I></FONT></TD></TR>
<TR>
    <TD STYLE="padding-right: 5.4pt; padding-left: 27pt; text-indent: 12pt"><FONT STYLE="font-size: 8pt"><I>Corporate and other activities</I></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="border-left: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><I>(264)</I></FONT></TD>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><I>(255)</I></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><I>(149)</I></FONT></TD>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><I>(144)</I></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><I>(211)</I></FONT></TD>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><I>(203)</I></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><I>(624)</I></FONT></TD>
    <TD STYLE="border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><I>(602)</I></FONT></TD></TR>
<TR>
    <TD STYLE="border-bottom: Black 2pt double; padding-right: 5.4pt; padding-left: 38.5pt"><FONT STYLE="font-size: 8pt"><I>Impact of unrealized intragroup profit elimination and other consolidation adjustments</I></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-indent: 64pt">&nbsp;</TD>
    <TD STYLE="border-left: #BFBFBF 1pt dotted; border-bottom: black 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><I>38</I></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><I>38</I></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><I>(71)</I></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><I>(71)</I></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><I>8</I></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><I>8</I></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><I>(25)</I></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; border-right: #BFBFBF 1pt dotted; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt"><I>(25)</I></FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;<FONT STYLE="font-family: Times New Roman, Times, Serif">&nbsp;</FONT></FONT></P>

<P STYLE="font: 7.5pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">* * *</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 7.5pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">Non-GAAP
financial measures and other alternative performance indicators disclosed throughout this press release are accompanied by explanatory
notes and tables in line with guidance provided by ESMA guidelines on alternative performance measures (ESMA/2015/1415), published
on October 5, 2015. For further information, see the section &ldquo;Alternative performance measures (Non-GAAP measures)&rdquo;
of this press release.</FONT></P>

<P STYLE="font: 7.5pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt"><I>&nbsp;</I></FONT></P>

<P STYLE="font: 7.5pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt"><I>The
manager responsible for the preparation of the Company&rsquo;s financial reports, Francesco Esposito, declares pursuant to rule
154-bis paragraph 2 of Legislative Decree No. 58/1998 that data and information disclosed in this press release correspond to
the Company&rsquo;s evidence and accounting books and records.</I></FONT></P>

<P STYLE="font: 7.5pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 7.5pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 7.5pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">* * *</FONT></P>

<P STYLE="font: 7.5pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 7.5pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt"><B>Disclaimer</B></FONT></P>

<P STYLE="font: 7.5pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt"><I>This
press release, in particular the statements under the section &ldquo;Outlook&rdquo;, contains certain forward-looking statements
particularly those regarding capital expenditure, development and management of oil and gas resources, dividends, share repurchases,
allocation of future cash flow from operations, future operating performance, gearing, targets of production and sales growth,
new markets and the progress and timing of projects. By their nature, forward-looking statements involve risks and uncertainties
because they relate to events and depend on circumstances that will or may occur in the future. Actual results may differ from
those expressed in such statements, depending on a variety of factors, including the impact of the pandemic disease, the timing
of bringing new fields on stream; management&rsquo;s ability in carrying out industrial plans and in succeeding in commercial
transactions; future levels of industry product supply; demand and pricing; operational issues; general economic conditions; political
stability and economic growth in relevant areas of the world; changes in laws and governmental regulations; development and use
of new technology; changes in public expectations and other changes in business conditions; the actions of competitors and other
factors discussed elsewhere in this document. Due to the seasonality in demand for natural gas and certain refined products and
the changes in a number of external factors affecting Eni&rsquo;s operations, such as prices and margins of hydrocarbons and refined
products, Eni&rsquo;s results from operations and changes in net borrowings for the quarter of the year cannot be extrapolated
on an annual basis.</I></FONT></P>

<P STYLE="font: 7.5pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 7.5pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">* * *</FONT></P>

<P STYLE="font: 7.5pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 7.5pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><B>Company Contacts</B></FONT></P>

<P STYLE="font: 7.5pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><B>Press Office: </B>Tel. +39.0252031875
- +39.0659822030</FONT></P>

<P STYLE="font: 7.5pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><B>Freephone for shareholders
(from Italy): </B>800940924</FONT></P>

<P STYLE="font: 7.5pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><B>Freephone for shareholders
(from abroad): </B>+80011223456</FONT></P>

<P STYLE="font: 7.5pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><B>Switchboard: </B>+39-0659821</FONT></P>

<P STYLE="font: 7.5pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><B>ufficio.stampa@eni.com</B></FONT></P>

<P STYLE="font: 7.5pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><B>segreteriasocietaria.azionisti@eni.com</B></FONT></P>

<P STYLE="font: 7.5pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><B>investor.relations@eni.com</B></FONT></P>

<P STYLE="font: 7.5pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><B>website: <FONT STYLE="color: #0563C1"><U>www.eni.com</U></FONT></B></FONT></P>

<P STYLE="font: 7.5pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 7.5pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 7.5pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">* * *</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 7.5pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt"><B>Eni</B></FONT></P>

<P STYLE="font: 7.5pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">Societ&agrave;
per Azioni, Rome, Piazzale Enrico Mattei, 1</FONT></P>

<P STYLE="font: 7.5pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">Share capital: &euro;4,005,358,876
fully paid.</FONT></P>

<P STYLE="font: 7.5pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">Tax identification number 00484960588</FONT></P>

<P STYLE="font: 7.5pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">Tel.: +39 0659821 - Fax: +39
0659822141</FONT></P>

<P STYLE="font: 7.5pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 7.5pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">This press
release for the third quarter and nine months of 2020 (unaudited) is also available on Eni&rsquo;s website eni.com.</FONT></P>

<P STYLE="font: 7.5pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; color: red">&nbsp;</P>


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<P STYLE="font: 7.5pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; color: red">&nbsp;</P>

<P STYLE="font: 7.5pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; color: red"></P>

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<TD STYLE="width: 0%"></TD><TD STYLE="width: 70%; background-color: rgb(255,212,101); padding: 5.4pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 14pt"><B>Alternative
                           performance indicators (Non-GAAP measures)</B></FONT></TD>
    <TD STYLE="width: 30%">&nbsp;</TD>
</TR></TABLE>
<P STYLE="font: 7.5pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; color: red"></P>

<P STYLE="font: 7pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 7pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">Management
evaluates underlying business performance on the basis of Non-GAAP financial measures, which are not provided by IFRS (&ldquo;Alternative
performance measures&rdquo;), such as adjusted operating profit, adjusted net profit, which are arrived at by excluding from reported
results certain gains and losses, defined special items, which include, among others, asset impairments, including impairments
of deferred tax assets, gains on disposals, risk provisions, restructuring charges, the accounting effect of fair-valued derivatives
used to hedge exposure to the commodity, exchange rate and interest rate risks, which lack the formal criteria to be accounted
as hedges, and analogously evaluation effects of assets and liabilities utilized in a relation of natural hedge of the above mentioned
market risks. Furthermore, in determining the business segments&rsquo; adjusted results, finance charges on finance debt and interest
income are excluded (see below). In determining adjusted results, inventory holding gains or losses are excluded from base business
performance, which is the difference between the cost of sales of the volumes sold in the period based on the cost of supplies
of the same period and the cost of sales of the volumes sold calculated using the weighted average cost method of inventory accounting
as required by IFRS, except in those business segments where inventories are utilized as a lever to optimize margins.</FONT></P>

<P STYLE="font: 7pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 7pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">Finally,
the same special charges/gains are excluded from the Eni&rsquo;s share of results at JVs and other equity accounted entities,
including any profit/loss on inventory holding.</FONT></P>

<P STYLE="font: 7pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 7pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">Management
is disclosing Non-GAAP measures of performance to facilitate a comparison of base business performance across periods, and to
allow financial analysts to evaluate Eni&rsquo;s trading performance on the basis of their forecasting models.</FONT></P>

<P STYLE="font: 7pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 7pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">Non-GAAP
financial measures should be read together with information determined by applying IFRS and do not stand in for them. Other
companies may adopt different methodologies to determine Non-GAAP measures.</FONT></P>

<P STYLE="font: 7pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 7pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">Follows the
description of the main alternative performance measures adopted by Eni. The measures reported below refer to the performance
of the reporting periods disclosed in this press release:</FONT></P>

<P STYLE="font: 7pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt"><B><I>&nbsp;</I></B></FONT></P>

<P STYLE="font: 7pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><B><I>Adjusted operating and net
profit</I></B></FONT></P>

<P STYLE="font: 7pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">Adjusted
operating profit and adjusted net profit are determined by excluding inventory holding gains or losses, special items and, in
determining the business segments&rsquo; adjusted results, finance charges on finance debt and interest income. The adjusted operating
profit of each business segment reports gains and losses on derivative financial instruments entered into to manage exposure to
movements in foreign currency exchange rates, which impact industrial margins and translation of commercial payables and receivables.
Accordingly, also currency translation effects recorded through profit and loss are reported within business segments&rsquo; adjusted
operating profit. The taxation effect of the items excluded from adjusted operating or net profit is determined based on the specific
rate of taxes applicable to each of them.</FONT></P>

<P STYLE="font: 7pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 7pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">Finance
charges or income related to net borrowings excluded from the adjusted net profit of business segments are comprised of
interest charges on finance debt and interest income earned on cash and cash equivalents not related to operations.
Therefore, the adjusted net profit of business segments includes finance charges or income deriving from certain segment
operated assets, i.e., interest income on certain receivable financing and securities related to operations and finance
charge pertaining to the accretion of certain provisions recorded on a discounted basis (as in the case of the asset
retirement obligations in the Exploration &amp; Production segment).</FONT></P>

<P STYLE="font: 7pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt"><B><I>&nbsp;</I></B></FONT></P>

<P STYLE="font: 7pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><B><I>Inventory holding gain or
loss</I></B></FONT></P>

<P STYLE="font: 7pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">This is the
difference between the cost of sales of the volumes sold in the period based on the cost of supplies of the same period and the
cost of sales of the volumes sold calculated using the weighted average cost method of inventory accounting as required by IFRS.</FONT></P>

<P STYLE="font: 7pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt"><B><I>&nbsp;</I></B></FONT></P>

<P STYLE="font: 7pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><B><I>Special items</I></B></FONT></P>

<P STYLE="font: 7pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">These include
certain significant income or charges pertaining to either: (i) infrequent or unusual events and transactions, being identified
as non-recurring items under such circumstances; (ii) certain events or transactions which are not considered to be representative
of the ordinary course of business, as in the case of environmental provisions, restructuring charges, asset impairments or write
ups and gains or losses on divestments even though they occurred in past periods or are likely to occur in future ones. Exchange
rate differences and derivatives relating to industrial activities and commercial payables and receivables, particularly exchange
rate derivatives to manage commodity pricing formulas which are quoted in a currency other than the functional currency are reclassified
in operating profit with a corresponding adjustment to net finance charges, notwithstanding the handling of foreign currency exchange
risks is made centrally by netting off naturally-occurring opposite positions and then dealing with any residual risk exposure
in the derivative market. Finally, special items include the accounting effects of fair-valued commodity derivatives relating
to commercial exposures, in addition to those which lack the criteria to be designed as hedges, also those which are not eligible
for the own use exemption, including the ineffective portion of cash flow hedges, as well as the accounting effects of settled
commodity and exchange rates derivatives whenever it is deemed that the underlying transaction is expected to occur in future
reporting periods.</FONT></P>

<P STYLE="font: 7pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 7pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">Correspondently,
special charges/gains also include the evaluation effects relating to assets/liabilities utilized in a natural hedge relation
to offset a market risk, as in the case of accrued currency differences at finance debt denominated in a currency other than the
reporting currency, where the cash outflows for the reimbursement are matched by highly probable cash inflows in the same currency.
The deferral of both the unrealized portion of fair-valued commodity and other derivatives and evaluation effects are reversed
to future reporting periods when the underlying transaction occurs.</FONT></P>

<P STYLE="font: 7pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 7pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">As provided
for in Decision No. 15519 of July 27, 2006 of the Italian market regulator (CONSOB), non-recurring material income or charges
are to be clearly reported in the management&rsquo;s discussion and financial tables.</FONT></P>

<P STYLE="font: 7pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 7pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><B><I>Leverage</I></B></FONT></P>

<P STYLE="font: 7pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">Leverage
is a Non-GAAP measure of the Company&rsquo;s financial condition, calculated as the ratio between net borrowings and shareholders&rsquo;
equity, including non-controlling interest. Leverage is the reference ratio to assess the solidity and efficiency of the Group
balance sheet in terms of incidence of funding sources including third-party funding and equity as well as to carry out benchmark
analysis with industry standards.</FONT></P>

<P STYLE="font: 7pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt"><B><I>&nbsp;</I></B></FONT></P>

<P STYLE="font: 7pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><B><I>Gearing</I></B></FONT></P>

<P STYLE="font: 7pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">Gearing is
calculated as the ratio between net borrowings and capital employed net and measures how much of capital employed net is financed
recurring to third-party funding.</FONT></P>

<P STYLE="font: 7pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt"><B><I>&nbsp;</I></B></FONT></P>

<P STYLE="font: 7pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><B><I>Adjusted net cash before
changes in working capital at replacement cost</I></B></FONT></P>

<P STYLE="font: 7pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">Adjusted
net cash is defined as net cash provided from operating activities before changes in working capital at replacement cost and excluding
certain non-recurring charges such as extraordinary credit allowances and, from the third quarter 2020, considering the high market
volatility, changes in the fair value of commodity derivatives lacking the formal criteria to be designed as hedges, including
derivatives which were not eligible for the own use exemption, the ineffective portion of cash flow hedges, as well as the effects
of certain settled commodity derivatives whenever it is deemed that the underlying transaction is expected to occur in future
reporting periods.</FONT></P>

<P STYLE="font: 7pt Times New Roman, Times, Serif; margin: 0pt 0"><B><I>&nbsp;</I></B></P>


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    <!-- Field: /Page -->

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 7pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 7pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><B><I>Free cash flow</I></B></FONT></P>

<P STYLE="font: 7pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">Free
cash flow represents the link existing between changes in cash and cash equivalents (deriving from the statutory cash flows
statement) and in net borrowings (deriving from the summarized cash flow statement) that occurred from the beginning of the
period to the end of period. Free cash flow is the cash in excess of capital expenditure needs. Starting from free cash flow
it is possible to determine either: (i) changes in cash and cash equivalents for the period by adding/deducting cash flows
relating to financing debts/receivables (issuance/repayment of debt and receivables related to financing activities),
shareholders&rsquo; equity (dividends paid, net repurchase of own shares, capital issuance) and the effect of changes in
consolidation and of exchange rate differences; (ii) changes in net borrowings for the period by adding/deducting cash flows
relating to shareholders&rsquo; equity and the effect of changes in consolidation and of exchange rate
differences.</FONT></P>

<P STYLE="font: 7pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt"><B><I>&nbsp;</I></B></FONT></P>

<P STYLE="font: 7pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><B><I>Net borrowings</I></B></FONT></P>

<P STYLE="font: 7pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">Net
borrowings is calculated as total finance debt less cash, cash equivalents and certain very liquid investments not related to
operations, including among others non-operating financing receivables. Financial activities are qualified as &ldquo;not
related to operations&rdquo; when these are not strictly related to the business operations.</FONT></P>

<P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt"><B>Reconciliation
tables of Non-GAAP results to the most comparable measures of financial performance determined in accordance to GAAPs</B></FONT></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: Black 1pt solid; width: 29%; padding-left: 3pt"><FONT STYLE="font-size: 8pt">(&euro;
    million)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 10%; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 10%; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 10%; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 10%; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 10%; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 10%; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 1%; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 10%; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left; vertical-align: top; padding-left: 3pt"><FONT STYLE="font-size: 10pt"><B>Third Quarter
    2020</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>Exploration
    &amp; Production</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>Global
    Gas &amp; LNG Portfolio</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>Refining
    &amp; Marketing and Chemicals</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>Eni
    gas e luce, Power, Renewables</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>Corporate
    and other activities</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>Impact
    of unrealized<BR>
    intragroup profit<BR>
    elimination</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; vertical-align: top; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>GROUP</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 8pt"><FONT STYLE="font-size: 10pt; color: #C00000"><B>Reported
    operating profit (loss)</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>514</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>(205)</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>(22)</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>43</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>(111)</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>1</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>220</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: Black 1pt solid; padding-left: 8pt"><FONT STYLE="font-size: 10pt">Exclusion
    of inventory holding (gains) losses</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">30</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(37)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(7)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 8pt"><FONT STYLE="font-size: 10pt; color: #C00000"><B>Exclusion
    of special items:</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-size: 10pt">environmental
    charges</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">13</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">13</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-size: 10pt">impairment
    losses (impairment reversals), net </FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(24)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">14</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(1)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">7</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(4)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-size: 10pt">net gains on disposal
    of assets</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(2)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(2)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-size: 10pt">risk
    provisions</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">22</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">4</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">26</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-size: 10pt">provision
    for redundancy incentives</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">7</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">1</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">4</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">26</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">15</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">53</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-size: 10pt">commodity derivatives</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">318</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(27)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(14)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">277</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-size: 10pt">exchange rate differences
    and derivatives</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">7</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(93)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(1)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">3</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(84)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.25in"><FONT STYLE="font-size: 10pt">other</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(11)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">43</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">12</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">1</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">45</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-left: 8pt"><FONT STYLE="font-size: 10pt; color: #C00000"><B>Special
    items of operating profit (loss)</B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>1</B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>269</B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>13</B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>14</B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>27</B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>324</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 8pt"><FONT STYLE="font-size: 10pt; color: #C00000"><B>Adjusted
    operating profit (loss)</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>515</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>64</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>21</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>57</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>(84)</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>(36)</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>537</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt; padding-left: 8pt"><FONT STYLE="font-size: 10pt">Net finance (expense) income
    </FONT><FONT STYLE="font-size: 8pt"><SUP>(a)</SUP></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(102)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">1</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(88)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(189)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 8pt"><FONT STYLE="font-size: 10pt">Net income (expense) from investments </FONT><FONT STYLE="font-size: 8pt"><SUP>(a)</SUP></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">58</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">2</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(61)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(3)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(23)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(27)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 8pt"><FONT STYLE="font-size: 10pt">Income taxes </FONT><FONT STYLE="font-size: 8pt"><SUP>(a)</SUP></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(402)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(3)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(18)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(15)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(44)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">10</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(472)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-top: Black 1pt solid; padding-left: 8pt"><FONT STYLE="font-size: 10pt"><I>Tax
    rate (%)</I></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>147.0</I></FONT></TD></TR>
<TR>
    <TD STYLE="border-bottom: Black 1pt solid; padding-left: 8pt"><FONT STYLE="font-size: 10pt; color: #C00000"><B>Adjusted
    net profit (loss)</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>69</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>63</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>(57)</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>39</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>(239)</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>(26)</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>(151)</B></FONT></TD></TR>
<TR>
    <TD STYLE="padding-left: 8pt; vertical-align: bottom"><FONT STYLE="font-size: 10pt"><I>of
    which:</I></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 8pt"><FONT STYLE="font-size: 10pt">-
    Adjusted net profit (loss) of non-controlling interest</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">2</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-left: 8pt"><FONT STYLE="font-size: 10pt; color: #C00000"><B>-
    Adjusted net profit (loss) attributable to Eni's shareholders</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>(153)</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-left: 8pt"><FONT STYLE="font-size: 10pt; color: #C00000"><B>Reported
    net profit (loss) attributable to Eni's shareholders</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>(503)</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 8pt"><FONT STYLE="font-size: 10pt">Exclusion
    of inventory holding (gains) losses</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(5)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 8pt"><FONT STYLE="font-size: 10pt">Exclusion
    of special items</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">355</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; padding-left: 8pt"><FONT STYLE="font-size: 10pt; color: #C00000"><B>Adjusted
    net profit (loss) attributable to Eni's shareholders</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>(153)</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD COLSPAN="9" STYLE="padding-right: 5.4pt"><P STYLE="margin-top: 0; margin-bottom: 0"></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 1pt">&nbsp;</FONT></P>
                                                 <P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 8pt">(a) Excluding special items.</FONT></P></TD></TR>
</TABLE>
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<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: Black 1pt solid; width: 29%; padding-right: 5.4pt; padding-left: 3pt"><FONT STYLE="font-size: 8pt">(&euro;
    million)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 10%; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 10%; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 10%; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 10%; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 10%; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 10%; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 1%; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 10%; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left; vertical-align: top; padding-right: 5.4pt; padding-left: 3pt"><P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><B>Third Quarter 2019&nbsp;</B></FONT></P></TD>
    <TD STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>Exploration
    &amp; Production</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>Global
    Gas &amp; LNG Portfolio</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>Refining
    &amp; Marketing and Chemicals</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>Eni
    gas e luce, Power, Renewables</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>Corporate
    and other activities</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>Impact
    of unrealized<BR>
    intragroup profit<BR>
    elimination</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; vertical-align: top; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>GROUP</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 8pt; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt; color: #C00000"><B>Reported
    operating profit (loss)</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>2,162</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>(80)</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>(8)</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>(9)</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>(153)</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>(51)</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>1,861</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 8pt; border-bottom: Black 1pt solid; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">Exclusion
    of inventory holding (gains) losses</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">129</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(20)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">109</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 8pt; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt; color: #C00000"><B>Exclusion
    of special items:</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.25in; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">environmental
    charges</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">35</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">41</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">76</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.25in; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">impairment
    losses (impairment reversals), net </FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">4</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">28</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">1</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">33</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.25in; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">net gains on disposal
    of assets</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(1)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(1)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.25in; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">risk
    provisions</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">2</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(20)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">23</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">5</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.25in; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">provision
    for redundancy incentives</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">6</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">7</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">1</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">2</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">16</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.25in; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">commodity derivatives</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(5)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(55)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">31</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(29)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.25in; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">exchange rate differences
    and derivatives</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">105</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(11)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(8)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">86</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.25in; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">other</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(32)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">49</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">44</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(58)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">3</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 8pt; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt; color: #C00000"><B>Special
    items of operating profit (loss)</B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>(21)</B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>149</B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>28</B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>24</B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>9</B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>189</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 8pt; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt; color: #C00000"><B>Adjusted
    operating profit (loss)</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>2,141</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>69</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>149</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>15</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>(144)</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>(71)</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>2,159</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 8pt; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">Net finance (expense) income </FONT><FONT STYLE="font-size: 8pt"><SUP>(a)</SUP></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(119)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(18)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(49)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(186)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 8pt; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">Net income (expense) from investments </FONT><FONT STYLE="font-size: 8pt"><SUP>(a)</SUP></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">50</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(17)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">2</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(1)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">8</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">42</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 8pt; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">Income taxes </FONT><FONT STYLE="font-size: 8pt"><SUP>(a)</SUP></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(1,267)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(14)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(51)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(5)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">75</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">24</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(1,238)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 8pt; border-top: Black 1pt solid; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt"><I>Tax
    rate (%)</I></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>61.4</I></FONT></TD></TR>
<TR>
    <TD STYLE="padding-left: 8pt; border-bottom: Black 1pt solid; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt; color: #C00000"><B>Adjusted
    net profit (loss)</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>805</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>38</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>82</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>9</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>(110)</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>(47)</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>777</B></FONT></TD></TR>
<TR>
    <TD STYLE="padding-left: 8pt; vertical-align: bottom; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt"><I>of
    which:</I></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 8pt; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">-
    Adjusted net profit (loss) of non-controlling interest</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">1</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-left: 8pt; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt; color: #C00000"><B>-
    Adjusted net profit (loss) attributable to Eni's shareholders</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>776</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-left: 8pt; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt; color: #C00000"><B>Reported
    net profit (loss) attributable to Eni's shareholders</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>523</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 8pt; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">Exclusion
    of inventory holding (gains) losses</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">77</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 8pt; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">Exclusion
    of special items</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">176</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-left: 8pt; border-bottom: Black 1pt solid; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt; color: #C00000"><B>Adjusted
    net profit (loss) attributable to Eni's shareholders</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>776</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD COLSPAN="9" STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 8pt">(a) Excluding
    special items.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: Black 1pt solid; width: 29%; padding-right: 5.4pt; padding-left: 3pt"><FONT STYLE="font-size: 8pt">(&euro;
    million)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 10%; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 10%; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 10%; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 10%; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 10%; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 10%; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 1%; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 10%; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left; vertical-align: top; padding-right: 5.4pt; padding-left: 3pt"><P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><B>Nine months 2020</B></FONT></P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></P></TD>
    <TD STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>Exploration
    &amp; Production</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>Global
    Gas &amp; LNG Portfolio</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>Refining
    &amp; Marketing and Chemicals</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>Eni
    gas e luce, Power, Renewables</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>Corporate
    and other activities</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>Impact
    of unrealized<BR>
    intragroup profit<BR>
    elimination</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; vertical-align: top; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>GROUP</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 8pt; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt; color: #C00000"><B>Reported
    operating profit (loss)</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>(1,164)</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>(42)</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>(2,324)</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>256</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>(512)</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>231</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>(3,555)</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 8pt; border-bottom: Black 1pt solid; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">Exclusion
    of inventory holding (gains) losses</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">1,400</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(13)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">1,387</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 8pt; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt; color: #C00000"><B>Exclusion
    of special items:</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.25in; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">environmental
    charges</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">1</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">74</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">75</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.25in; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">impairment
    losses (impairment reversals), net </FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">1,657</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">1,070</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">5</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">13</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">2,745</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.25in; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">net gains on disposal
    of assets</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">1</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(5)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(2)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(6)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.25in; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">risk
    provisions</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">107</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">6</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">113</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.25in; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">provision
    for redundancy incentives</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">17</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">2</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">9</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">27</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">36</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">91</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.25in; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">commodity derivatives</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">469</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(125)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">45</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">389</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.25in; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">exchange rate differences
    and derivatives</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">7</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(100)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(15)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(108)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.25in; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">other</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">119</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">98</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">26</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">36</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">279</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 8pt; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt; color: #C00000"><B>Special
    items of operating profit (loss)</B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>1,909</B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>469</B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>1,034</B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>77</B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>89</B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>3,578</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 8pt; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt; color: #C00000"><B>Adjusted
    operating profit (loss)</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>745</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>427</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>110</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>333</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>(423)</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>218</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>1,410</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 8pt; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">Net finance (expense) income </FONT><FONT STYLE="font-size: 8pt"><SUP>(a)</SUP></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(271)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(6)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(1)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(439)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(717)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 8pt; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">Net income (expense) from investments </FONT><FONT STYLE="font-size: 8pt"><SUP>(a)</SUP></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">101</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(11)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(90)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">4</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(69)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(65)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 8pt; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">Income taxes </FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt"><SUP>(a)</SUP></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(1,079)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(126)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(55)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(102)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(14)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(55)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(1,431)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 8pt; border-top: Black 1pt solid; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt"><I>Tax
    rate (%)</I></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>227.9</I></FONT></TD></TR>
<TR>
    <TD STYLE="padding-left: 8pt; border-bottom: Black 1pt solid; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt; color: #C00000"><B>Adjusted
    net profit (loss)</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>(504)</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>290</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>(41)</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>234</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>(945)</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #C00000"><B>163</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>(803)</B></FONT></TD></TR>
<TR>
    <TD STYLE="padding-left: 8pt; vertical-align: bottom; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt"><I>of
    which:</I></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 8pt; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">-
    Adjusted net profit (loss) of non-controlling interest</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">5</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-left: 8pt; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt; color: #C00000"><B>-
    Adjusted net profit (loss) attributable to Eni's shareholders</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>(808)</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-left: 8pt; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt; color: #C00000"><B>Reported
    net profit (loss) attributable to Eni's shareholders</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>(7,838)</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 8pt; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">Exclusion
    of inventory holding (gains) losses</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">986</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 8pt; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">Exclusion
    of special items</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">6,044</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-left: 8pt; border-bottom: Black 1pt solid; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt; color: #C00000"><B>Adjusted
    net profit (loss) attributable to Eni's shareholders</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>(808)</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD COLSPAN="9" STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 8pt">(a) Excluding special items.</FONT></TD></TR>
</TABLE>
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<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: Black 1pt solid; width: 29%; padding-right: 5.4pt; padding-left: 3pt"><FONT STYLE="font-size: 8pt">(&euro;
    million)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 10%; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 10%; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 10%; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 10%; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 10%; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 10%; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 1%; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 10%; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left; vertical-align: top; padding-right: 5.4pt; padding-left: 3pt"><P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><B>Nine months 2019</B></FONT></P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></P></TD>
    <TD STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>Exploration
    &amp; Production</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>Global
    Gas &amp; LNG Portfolio</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>Refining
    &amp; Marketing and Chemicals</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>Eni
    gas e luce, Power, Renewables</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>Corporate
    and other activities</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>Impact
    of unrealized<BR>
    intragroup profit<BR>
    elimination</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; vertical-align: top; padding-right: 5.4pt"><P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></P></TD>
    <TD STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>GROUP</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 5.4pt; padding-left: 8pt"><FONT STYLE="font-size: 10pt; color: #C00000"><B>Reported
    operating profit (loss)</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>6,587</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>150</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>324</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>99</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>(439)</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>(111)</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>6,610</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 8pt"><FONT STYLE="font-size: 10pt">Exclusion
    of inventory holding (gains) losses</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(315)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">78</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(237)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 5.4pt; padding-left: 8pt"><FONT STYLE="font-size: 10pt; color: #C00000"><B>Exclusion
    of special items:</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 5.4pt; padding-left: 0.25in"><FONT STYLE="font-size: 10pt">environmental
    charges</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">120</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">32</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">152</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 5.4pt; padding-left: 0.25in"><FONT STYLE="font-size: 10pt">impairment
    losses (impairment reversals), net </FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">26</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">315</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">3</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">344</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 5.4pt; padding-left: 0.25in"><FONT STYLE="font-size: 10pt">net gains on disposal
    of assets</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(21)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(3)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(24)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 5.4pt; padding-left: 0.25in"><FONT STYLE="font-size: 10pt">risk
    provisions</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(10)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">21</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">11</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 5.4pt; padding-left: 0.25in"><FONT STYLE="font-size: 10pt">provision
    for redundancy incentives</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">9</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">1</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">8</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">3</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">4</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">25</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 5.4pt; padding-left: 0.25in"><FONT STYLE="font-size: 10pt">commodity derivatives</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(256)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(109)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">125</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(240)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 5.4pt; padding-left: 0.25in"><FONT STYLE="font-size: 10pt">exchange rate differences
    and derivatives</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">6</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">158</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(18)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(13)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">133</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 5.4pt; padding-left: 0.25in"><FONT STYLE="font-size: 10pt">other</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(8)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">186</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(140)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(20)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">18</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 8pt"><FONT STYLE="font-size: 10pt; color: #C00000"><B>Special
    items of operating profit (loss)</B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>2</B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>89</B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>173</B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>115</B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>40</B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>419</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 5.4pt; padding-left: 8pt"><FONT STYLE="font-size: 10pt; color: #C00000"><B>Adjusted
    operating profit (loss)</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>6,589</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>239</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>182</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>214</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>(399)</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>(33)</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>6,792</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 5.4pt; padding-left: 8pt"><FONT STYLE="font-size: 10pt">Net finance (expense) income </FONT><FONT STYLE="font-size: 8pt"><SUP>(a)</SUP></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(322)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">1</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(30)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(380)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(731)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 5.4pt; padding-left: 8pt"><FONT STYLE="font-size: 10pt">Net income (expense) from investments </FONT><FONT STYLE="font-size: 8pt"><SUP>(a)</SUP></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">198</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(24)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">9</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">7</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">25</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">215</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 5.4pt; padding-left: 8pt"><FONT STYLE="font-size: 10pt">Income taxes </FONT><FONT STYLE="font-size: 8pt"><SUP>(a)</SUP></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(3,857)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(66)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(91)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(66)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">136</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">3</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(3,941)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-top: Black 1pt solid; padding-right: 5.4pt; padding-left: 8pt"><FONT STYLE="font-size: 10pt"><I>Tax
    rate (%)</I></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>62.8</I></FONT></TD></TR>
<TR>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 8pt"><FONT STYLE="font-size: 10pt; color: #C00000"><B>Adjusted
    net profit (loss)</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>2,608</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>150</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>70</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>155</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>(618)</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>(30)</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>2,335</B></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt; padding-left: 8pt"><FONT STYLE="font-size: 10pt"><I>of
    which:</I></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 5.4pt; padding-left: 8pt"><FONT STYLE="font-size: 10pt">-
    Adjusted net profit (loss) of non-controlling interest</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">5</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 8pt"><FONT STYLE="font-size: 10pt; color: #C00000"><B>-
    Adjusted net profit (loss) attributable to Eni's shareholders</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>2,330</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 8pt"><FONT STYLE="font-size: 10pt; color: #C00000"><B>Reported
    net profit (loss) attributable to Eni's shareholders</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>2,039</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 5.4pt; padding-left: 8pt"><FONT STYLE="font-size: 10pt">Exclusion
    of inventory holding (gains) losses</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(167)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 5.4pt; padding-left: 8pt"><FONT STYLE="font-size: 10pt">Exclusion
    of special items</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">458</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 8pt"><FONT STYLE="font-size: 10pt; color: #C00000"><B>Adjusted
    net profit (loss) attributable to Eni's shareholders</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>2,330</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD COLSPAN="9" STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 8pt">(a) Excluding
    special items.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;&nbsp;</P>

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<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: Black 1pt solid; width: 29%; padding-right: 5.4pt; padding-left: 3pt"><FONT STYLE="font-size: 8pt">(&euro;
    million)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 10%; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 10%; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 10%; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 10%; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 10%; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 10%; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 1%; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; width: 10%; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left; vertical-align: top; padding-right: 5.4pt; padding-left: 3pt"><P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><B>Second Quarter 2020</B></FONT></P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></P></TD>
    <TD STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>Exploration
    &amp; Production</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>Global
    Gas &amp; LNG Portfolio</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>Refining
    &amp; Marketing and Chemicals</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>Eni
    gas e luce, Power, Renewables</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>Corporate
    and other activities</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>Impact
    of unrealized<BR>
    intragroup profit<BR>
    elimination</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; vertical-align: top; padding-right: 5.4pt"><P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></P>
        <P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></P></TD>
    <TD STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><B>GROUP</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 8pt; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt; color: #C00000"><B>Reported
    operating profit (loss)</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>(2,393)</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>62</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>(392)</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>113</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>(152)</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>82</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>(2,680)</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 8pt; border-bottom: Black 1pt solid; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">Exclusion
    of inventory holding (gains) losses</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(321)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">138</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(183)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 8pt; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt; color: #C00000"><B>Exclusion
    of special items:</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.25in; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">environmental
    charges</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">1</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">46</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">47</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.25in; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">impairment
    losses (impairment reversals), net </FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">1,484</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">917</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">5</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">2</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">2,408</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.25in; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">net gains on disposal
    of assets</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(2)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(2)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.25in; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">risk
    provisions</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">58</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">3</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">61</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.25in; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">provision
    for redundancy incentives</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">5</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">2</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">9</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">16</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.25in; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">commodity derivatives</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">59</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(183)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(33)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(157)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.25in; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">exchange rate differences
    and derivatives</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">1</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(56)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(7)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(62)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 0.25in; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">other</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">37</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">65</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">11</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">5</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">118</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 8pt; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt; color: #C00000"><B>Special
    items of operating profit (loss)</B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>1,586</B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>68</B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>786</B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>(28)</B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>17</B></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>2,429</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 8pt; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt; color: #C00000"><B>Adjusted
    operating profit (loss)</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>(807)</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>130</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>73</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>85</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>(135)</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>220</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>(434)</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 8pt; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">Net finance (expense) income </FONT><FONT STYLE="font-size: 8pt"><SUP>(<FONT STYLE="font-family: Times New Roman, Times, Serif">a</FONT>)</SUP></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(54)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">1</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(1)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(14)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(68)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 8pt; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">Net income (expense) from investments </FONT><FONT STYLE="font-size: 8pt"><SUP>(<FONT STYLE="font-family: Times New Roman, Times, Serif">a</FONT>)</SUP></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">102</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(4)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(19)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(1)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(43)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">35</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 8pt; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">Income taxes </FONT><FONT STYLE="font-size: 8pt"><SUP>(a)</SUP></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(26)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(71)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">25</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(27)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(91)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(56)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(246)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 8pt; border-top: Black 1pt solid; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt"><I>Tax
    rate (%)</I></FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt"><I>(52.7)</I></FONT></TD></TR>
<TR>
    <TD STYLE="padding-left: 8pt; border-bottom: Black 1pt solid; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt; color: #C00000"><B>Adjusted
    net profit (loss)</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>(785)</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>55</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>80</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>56</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>(283)</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>164</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>(713)</B></FONT></TD></TR>
<TR>
    <TD STYLE="padding-left: 8pt; vertical-align: bottom; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt"><I>of
    which:</I></FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 8pt; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">-
    Adjusted net profit (loss) of non-controlling interest</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">1</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-left: 8pt; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt; color: #C00000"><B>-
    Adjusted net profit (loss) attributable to Eni's shareholders</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>(714)</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-left: 8pt; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt; color: #C00000"><B>Reported
    net profit (loss) attributable to Eni's shareholders</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>(4,406)</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 8pt; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">Exclusion
    of inventory holding (gains) losses</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">(127)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 8pt; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">Exclusion
    of special items</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">3,819</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; padding-left: 8pt; border-bottom: Black 1pt solid; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt; color: #C00000"><B>Adjusted
    net profit (loss) attributable to Eni's shareholders</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; background-color: #D9D9D9; padding-right: 5.4pt; text-align: right"><FONT STYLE="font-size: 10pt; color: #CC0000"><B>(714)</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD COLSPAN="9" STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-size: 8pt">(a) Excluding special items.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Breakdown of special items</P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font: 12pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">IIQ&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center"><FONT STYLE="font-size: 10pt">IIIQ&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center"><FONT STYLE="font-size: 10pt">Nine months&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-bottom: black 1pt solid; text-align: right; width: 6%"><FONT STYLE="font-size: 10pt">2020</FONT></TD>
    <TD STYLE="font-size: 8pt; vertical-align: bottom; border-bottom: Black 1pt solid; text-align: center; width: 62%"><FONT STYLE="font-size: 8pt">(&euro;
    million)</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); font-weight: bold; vertical-align: middle; border-bottom: black 1pt solid; text-align: right; width: 8%"><FONT STYLE="font-size: 10pt">2020</FONT></TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-bottom: black 1pt solid; text-align: right; width: 8%"><FONT STYLE="font-size: 10pt">2019</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); font-weight: bold; vertical-align: middle; border-bottom: black 1pt solid; text-align: right; width: 8%"><FONT STYLE="font-size: 10pt">2020</FONT></TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-bottom: black 1pt solid; text-align: right; width: 8%"><FONT STYLE="font-size: 10pt">2019</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">47</FONT></TD>
    <TD STYLE="padding-left: 18px; text-align: left"><FONT STYLE="font-size: 10pt">Environmental charges</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">13</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">76</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">75</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">152</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">2,408</FONT></TD>
    <TD STYLE="padding-left: 18px; text-align: left"><FONT STYLE="font-size: 10pt">Impairment losses (impairment reversals), net&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">(4)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">33</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">2,745</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">344</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(2)</FONT></TD>
    <TD STYLE="padding-left: 18px; text-align: left"><FONT STYLE="font-size: 10pt">Net gains on disposal of assets</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">(2)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(1)</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">(6)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(24)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">61</FONT></TD>
    <TD STYLE="padding-left: 18px; text-align: left"><FONT STYLE="font-size: 10pt">Risk provisions</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">26</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">5</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">113</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">11</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">16</FONT></TD>
    <TD STYLE="padding-left: 18px; text-align: left"><FONT STYLE="font-size: 10pt">Provisions for redundancy incentives</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">53</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">16</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">91</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">25</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(157)</FONT></TD>
    <TD STYLE="padding-left: 18px; text-align: left"><FONT STYLE="font-size: 10pt">Commodity derivatives</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">277</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(29)</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">389</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(240)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(62)</FONT></TD>
    <TD STYLE="padding-left: 18px; text-align: left"><FONT STYLE="font-size: 10pt">Exchange rate differences and derivatives</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">(84)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">86</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">(108)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">133</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">118</FONT></TD>
    <TD STYLE="padding-left: 18px; text-align: left"><FONT STYLE="font-size: 10pt">Other</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">45</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">3</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">279</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">18</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="color: #C00000; font-weight: bold; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 10pt">2,429</FONT></TD>
    <TD STYLE="padding-left: 18px; color: #C00000; font-weight: bold; text-align: left"><FONT STYLE="font-size: 10pt">Special
    items of operating profit (loss)</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; background-color: rgb(242,242,242); color: #C00000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">324</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; color: #C00000; font-weight: bold; border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-size: 10pt">189</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; background-color: rgb(242,242,242); color: #C00000; font-weight: bold; text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 10pt">3,578</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; color: #C00000; font-weight: bold; border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-size: 10pt">419</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="color: #C00000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">50</FONT></TD>
    <TD STYLE="padding-left: 18px; color: #C00000; font-weight: bold; text-align: left"><FONT STYLE="font-size: 10pt">Net finance
    (income) expense</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); color: #C00000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">86</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">(86)</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); color: #C00000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">84</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">(79)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; font-style: italic"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-left: 18px; font-style: italic; text-align: left"><FONT STYLE="font-size: 10pt">of which:</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); font-weight: bold; font-style: italic"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; font-style: italic"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); font-weight: bold; font-style: italic"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; font-style: italic"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">62</FONT></TD>
    <TD STYLE="padding-left: 18px; font-style: italic; text-align: left"><FONT STYLE="font-size: 10pt">- exchange rate differences
    and derivatives reclassified to operating profit (loss)</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">84</FONT></TD>
    <TD STYLE="font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">(86)</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">108</FONT></TD>
    <TD STYLE="font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">(133)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="color: #CC0000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">524</FONT></TD>
    <TD STYLE="padding-left: 18px; color: #CC0000; font-weight: bold; text-align: left"><FONT STYLE="font-size: 10pt">Net income
    (expense) from investments</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); color: #CC0000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">(85)</FONT></TD>
    <TD STYLE="color: #CC0000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">(31)</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); color: #CC0000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">1,256</FONT></TD>
    <TD STYLE="color: #CC0000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">(4)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-left: 18px; font-style: italic; text-align: left"><FONT STYLE="font-size: 10pt">of which:</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242)"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242)"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">299</FONT></TD>
    <TD STYLE="padding-left: 18px; font-style: italic; text-align: left"><FONT STYLE="font-size: 10pt">- impairment/revaluation
    of equity investments</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">(57)</FONT></TD>
    <TD STYLE="font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">837</FONT></TD>
    <TD STYLE="font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="color: #C00000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">816</FONT></TD>
    <TD STYLE="padding-left: 18px; color: #C00000; font-weight: bold; text-align: left"><FONT STYLE="font-size: 10pt">Income taxes</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); color: #C00000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">30</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">104</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); color: #C00000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">1,126</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">122</FONT></TD></TR>
<TR STYLE="vertical-align: middle">
    <TD STYLE="color: #C00000; font-weight: bold; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right"><FONT STYLE="font-size: 10pt">3,819</FONT></TD>
    <TD STYLE="padding-left: 18px; color: #C00000; font-weight: bold; text-align: left"><FONT STYLE="font-size: 10pt">Total special
    items of net profit (loss)</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); color: #C00000; font-weight: bold; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right"><FONT STYLE="font-size: 10pt">355</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right"><FONT STYLE="font-size: 10pt">176</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); color: #C00000; font-weight: bold; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right"><FONT STYLE="font-size: 10pt">6,044</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right"><FONT STYLE="font-size: 10pt">458</FONT></TD></TR>
</TABLE>

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<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 7pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 7pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

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    <TD STYLE="padding: 5.4pt; background-color: #FFD966; font-size: 12pt; width: 50%"><FONT STYLE="font: 14pt Times New Roman, Times, Serif"><B>Analysis
    of Profit and Loss account items</B></FONT></TD>
    <TD STYLE="padding: 5.4pt; font-size: 12pt; width: 50%">&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 7pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

<P STYLE="font: 7pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 7pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 7pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif"></FONT></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0">Sales from operations</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font: 12pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">IIQ&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center"><FONT STYLE="font-size: 10pt">IIIQ&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center"><FONT STYLE="font-size: 10pt">Nine months&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-bottom: black 1pt solid; text-align: right; width: 7%"><FONT STYLE="font-size: 10pt">2020</FONT></TD>
    <TD STYLE="font-size: 8pt; vertical-align: bottom; border-bottom: Black 1pt solid; text-align: center; width: 53%"><FONT STYLE="font-size: 8pt">(&euro;
    million)</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); font-weight: bold; vertical-align: middle; border-bottom: black 1pt solid; text-align: right; width: 7%"><FONT STYLE="font-size: 10pt">2020</FONT></TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-bottom: black 1pt solid; text-align: right; width: 7%"><FONT STYLE="font-size: 10pt">2019</FONT></TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-bottom: black 1pt solid; text-align: right; width: 6%"><FONT STYLE="font-size: 10pt">%
    Ch.</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); font-weight: bold; vertical-align: middle; border-bottom: black 1pt solid; text-align: right; width: 7%"><FONT STYLE="font-size: 10pt">2020</FONT></TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-bottom: black 1pt solid; text-align: right; width: 7%"><FONT STYLE="font-size: 10pt">2019</FONT></TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-bottom: black 1pt solid; text-align: right; width: 6%"><FONT STYLE="font-size: 10pt">%
    Ch.</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">2,557</FONT></TD>
    <TD STYLE="padding-left: 18px; text-align: left"><FONT STYLE="font-size: 10pt">Exploration &amp; Production</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">3,344</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">5,908</FONT></TD>
    <TD STYLE="padding-right: 9px; text-align: right"><FONT STYLE="font-size: 10pt">(43)</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">10,095</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">17,432</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(42)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">1,140</FONT></TD>
    <TD STYLE="padding-left: 18px; text-align: left"><FONT STYLE="font-size: 10pt">Global Gas &amp; LNG Portfolio</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">1,233</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">2,156</FONT></TD>
    <TD STYLE="padding-right: 9px; text-align: right"><FONT STYLE="font-size: 10pt">(43)</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">4,853</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">9,343</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(48)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">4,698</FONT></TD>
    <TD STYLE="padding-left: 18px; text-align: left"><FONT STYLE="font-size: 10pt">Refining &amp; Marketing and Chemicals</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">6,635</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">10,962</FONT></TD>
    <TD STYLE="padding-right: 9px; text-align: right"><FONT STYLE="font-size: 10pt">(39)</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">18,783</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">32,641</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(42)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">1,298</FONT></TD>
    <TD STYLE="padding-left: 18px; text-align: left"><FONT STYLE="font-size: 10pt">EGL, Power, Renewables</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">1,467</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">1,452</FONT></TD>
    <TD STYLE="padding-right: 9px; text-align: right"><FONT STYLE="font-size: 10pt">1</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">5,414</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">6,201</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(13)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">365</FONT></TD>
    <TD STYLE="padding-left: 18px; text-align: left"><FONT STYLE="font-size: 10pt">Corporate and other activities</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">365</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">423</FONT></TD>
    <TD STYLE="padding-right: 9px; text-align: right"><FONT STYLE="font-size: 10pt">(14)</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">1,113</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">1,187</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(6)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(1,901)</FONT></TD>
    <TD STYLE="padding-left: 18px; text-align: left"><FONT STYLE="font-size: 10pt">Consolidation adjustments</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">(2,718)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(4,215)</FONT></TD>
    <TD STYLE="padding-right: 9px; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">(7,902)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(13,138)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: Black 2pt double; color: #C00000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">8,157</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 2pt double; background-color: rgb(242,242,242); color: #C00000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">10,326</FONT></TD>
    <TD STYLE="border-bottom: Black 2pt double; color: #C00000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">16,686</FONT></TD>
    <TD STYLE="border-bottom: Black 2pt double; padding-right: 9px; color: #C00000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">(38)</FONT></TD>
    <TD STYLE="border-bottom: Black 2pt double; background-color: rgb(242,242,242); color: #C00000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">32,356</FONT></TD>
    <TD STYLE="border-bottom: Black 2pt double; color: #C00000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">53,666</FONT></TD>
    <TD STYLE="border-bottom: Black 2pt double; color: #C00000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">(40)</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Operating expenses</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font: 12pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 9px; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">IIQ&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center"><FONT STYLE="font-size: 10pt">IIIQ&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center"><FONT STYLE="font-size: 10pt">Nine months&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-bottom: black 1pt solid; text-align: right; width: 7%"><FONT STYLE="font-size: 10pt">2020</FONT></TD>
    <TD STYLE="font-size: 8pt; vertical-align: bottom; border-bottom: Black 1pt solid; text-align: center; width: 53%"><FONT STYLE="font-size: 8pt">(&euro;
    million)</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); font-weight: bold; vertical-align: middle; border-bottom: black 1pt solid; text-align: right; width: 7%"><FONT STYLE="font-size: 10pt">2020</FONT></TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-bottom: black 1pt solid; text-align: right; width: 7%"><FONT STYLE="font-size: 10pt">2019</FONT></TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-bottom: black 1pt solid; text-align: right; width: 6%"><FONT STYLE="font-size: 10pt">%
    Ch.</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); font-weight: bold; vertical-align: middle; border-bottom: black 1pt solid; text-align: right; width: 7%"><FONT STYLE="font-size: 10pt">2020</FONT></TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-bottom: black 1pt solid; text-align: right; width: 7%"><FONT STYLE="font-size: 10pt">2019</FONT></TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-bottom: black 1pt solid; text-align: right; width: 6%"><FONT STYLE="font-size: 10pt">%
    Ch.</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 9px; text-align: right"><FONT STYLE="font-size: 10pt">5,517</FONT></TD>
    <TD STYLE="padding-left: 9px; text-align: left"><FONT STYLE="font-size: 10pt">Purchases, services and other&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">7,531</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">12,183</FONT></TD>
    <TD STYLE="padding-right: 9px; text-align: right"><FONT STYLE="font-size: 10pt">(38)</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">24,717</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">38,974</FONT></TD>
    <TD STYLE="padding-right: 9px; text-align: right"><FONT STYLE="font-size: 10pt">(37)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 9px; text-align: right"><FONT STYLE="font-size: 10pt">139</FONT></TD>
    <TD STYLE="padding-left: 9px; text-align: left"><FONT STYLE="font-size: 10pt">Impairment losses (impairment reversals) of
    trade and other receivables, net</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">3</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">102</FONT></TD>
    <TD STYLE="padding-right: 9px; text-align: right"><FONT STYLE="font-size: 10pt">(97)</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">214</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">348</FONT></TD>
    <TD STYLE="padding-right: 9px; text-align: right"><FONT STYLE="font-size: 10pt">(39)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 9px; text-align: right"><FONT STYLE="font-size: 10pt">704</FONT></TD>
    <TD STYLE="padding-left: 9px; text-align: left"><FONT STYLE="font-size: 10pt">Payroll and related costs</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">677</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">705</FONT></TD>
    <TD STYLE="padding-right: 9px; text-align: right"><FONT STYLE="font-size: 10pt">(4)</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">2,219</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">2,258</FONT></TD>
    <TD STYLE="padding-right: 9px; text-align: right"><FONT STYLE="font-size: 10pt">(2)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 9px; font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">16</FONT></TD>
    <TD STYLE="padding-left: 18px; font-style: italic; text-align: left"><FONT STYLE="font-size: 10pt">of which:&nbsp;&nbsp;&nbsp;provision
    for redundancy incentives and other</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">53</FONT></TD>
    <TD STYLE="font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">16</FONT></TD>
    <TD STYLE="padding-right: 9px; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">91</FONT></TD>
    <TD STYLE="font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">25</FONT></TD>
    <TD STYLE="padding-right: 9px; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: Black 2pt double; padding-right: 9px; color: #C00000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">6,360</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 2pt double; background-color: rgb(242,242,242); color: #C00000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">8,211</FONT></TD>
    <TD STYLE="border-bottom: Black 2pt double; color: #C00000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">12,990</FONT></TD>
    <TD STYLE="border-bottom: Black 2pt double; padding-right: 9px; color: #C00000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">(37)</FONT></TD>
    <TD STYLE="border-bottom: Black 2pt double; background-color: rgb(242,242,242); color: #C00000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">27,150</FONT></TD>
    <TD STYLE="border-bottom: Black 2pt double; color: #C00000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">41,580</FONT></TD>
    <TD STYLE="border-bottom: Black 2pt double; padding-right: 9px; color: #C00000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">(35)</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 14pt"></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0">DD&amp;A, impairments, reversals and write-off</P>

<P STYLE="font: 7pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font: 12pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 9px; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">IIQ&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center"><FONT STYLE="font-size: 10pt">IIIQ&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center"><FONT STYLE="font-size: 10pt">Nine months&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-bottom: black 1pt solid; text-align: right; width: 7%"><FONT STYLE="font-size: 10pt">2020</FONT></TD>
    <TD STYLE="font-size: 8pt; vertical-align: bottom; border-bottom: Black 1pt solid; text-align: center; width: 53%"><FONT STYLE="font-size: 8pt">(&euro;
    million)</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); font-weight: bold; vertical-align: middle; border-bottom: black 1pt solid; text-align: right; width: 7%"><FONT STYLE="font-size: 10pt">2020</FONT></TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-bottom: black 1pt solid; text-align: right; width: 7%"><FONT STYLE="font-size: 10pt">2019</FONT></TD>
    <TD STYLE="padding-right: 9px; font-weight: bold; vertical-align: middle; border-bottom: black 1pt solid; text-align: right; width: 6%"><FONT STYLE="font-size: 10pt">%
    Ch.</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); font-weight: bold; vertical-align: middle; border-bottom: black 1pt solid; text-align: right; width: 7%"><FONT STYLE="font-size: 10pt">2020</FONT></TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-bottom: black 1pt solid; text-align: right; width: 7%"><FONT STYLE="font-size: 10pt">2019</FONT></TD>
    <TD STYLE="padding-right: 9px; font-weight: bold; vertical-align: middle; border-bottom: black 1pt solid; text-align: right; width: 6%"><FONT STYLE="font-size: 10pt">%
    Ch.</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">1,716</FONT></TD>
    <TD STYLE="padding-left: 18px; text-align: left"><FONT STYLE="font-size: 10pt">Exploration &amp; Production&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">1,529</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">1,805</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(15)</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">4,866</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">5,119</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(5)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">31</FONT></TD>
    <TD STYLE="padding-left: 18px; text-align: left"><FONT STYLE="font-size: 10pt">Global Gas &amp; LNG Portfolio</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">31</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">34</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(9)</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">94</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">94</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">149</FONT></TD>
    <TD STYLE="padding-left: 18px; text-align: left"><FONT STYLE="font-size: 10pt">Refining &amp; Marketing and Chemicals</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">135</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">152</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(11)</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">433</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">457</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(5)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">52</FONT></TD>
    <TD STYLE="padding-left: 18px; text-align: left"><FONT STYLE="font-size: 10pt">EGL, Power, Renewables</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">54</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">47</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">15</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">156</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">137</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">14</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">37</FONT></TD>
    <TD STYLE="padding-left: 18px; text-align: left"><FONT STYLE="font-size: 10pt">Corporate and other activities</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">36</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">37</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(3)</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">109</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">110</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(1)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(8)</FONT></TD>
    <TD STYLE="padding-left: 18px; text-align: left"><FONT STYLE="font-size: 10pt">Impact of unrealized intragroup profit elimination</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">(8)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(8)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">(24)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(24)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 10pt">1,977</FONT></TD>
    <TD STYLE="padding-left: 18px; font-weight: bold; text-align: left"><FONT STYLE="font-size: 10pt">Total depreciation, depletion
    and <BR>
    amortization</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; background-color: rgb(242,242,242); font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">1,777</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 10pt">2,067</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 10pt">(14)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; background-color: rgb(242,242,242); font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">5,634</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 10pt">5,893</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 10pt">(4)</FONT></TD></TR>
<TR>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 10pt">2,408</FONT></TD>
    <TD STYLE="padding-left: 18px; font-weight: bold; vertical-align: bottom; text-align: left"><FONT STYLE="font-size: 10pt">Impairment
    losses (impairment reversals) of tangible and intangible and right of use assets, net</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; background-color: rgb(242,242,242); font-weight: bold; vertical-align: middle; text-align: right"><FONT STYLE="font-size: 10pt">(4)</FONT></TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 10pt">33</FONT></TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 10pt">..</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; background-color: rgb(242,242,242); font-weight: bold; vertical-align: middle; text-align: right"><FONT STYLE="font-size: 10pt">2,745</FONT></TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 10pt">344</FONT></TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 10pt">..</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="color: #C00000; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right; border-top-color: Black; border-top-width: 0.5pt"><FONT STYLE="font-size: 10pt">4,385</FONT></TD>
    <TD STYLE="padding-left: 18px; color: #C00000; font-weight: bold; text-align: left"><FONT STYLE="font-size: 10pt">Depreciation,
    depletion, amortization, impairments and reversals</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); color: #C00000; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right; border-top-color: Black; border-top-width: 0.5pt"><FONT STYLE="font-size: 10pt">1,773</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right; border-top-color: Black; border-top-width: 0.5pt"><FONT STYLE="font-size: 10pt">2,100</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right; border-top-color: Black; border-top-width: 0.5pt"><FONT STYLE="font-size: 10pt">(16)</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); color: #C00000; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right; border-top-color: Black; border-top-width: 0.5pt"><FONT STYLE="font-size: 10pt">8,379</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right; border-top-color: Black; border-top-width: 0.5pt"><FONT STYLE="font-size: 10pt">6,237</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right; border-top-color: Black; border-top-width: 0.5pt"><FONT STYLE="font-size: 10pt">34</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 10pt">229</FONT></TD>
    <TD STYLE="padding-left: 18px; font-weight: bold; text-align: left"><FONT STYLE="font-size: 10pt">Write-off of tangible and
    intangible assets</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 10pt">(36)</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 10pt">2</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 10pt">..</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 10pt">311</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 10pt">180</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 10pt">73</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="color: #C00000; font-weight: bold; border-bottom: Black 2pt double; text-align: right; border-top-color: Black; border-top-width: 0.5pt"><FONT STYLE="font-size: 10pt">4,614</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); color: #C00000; font-weight: bold; border-bottom: Black 2pt double; text-align: right; border-top-color: Black; border-top-width: 0.5pt"><FONT STYLE="font-size: 10pt">1,737</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; border-bottom: Black 2pt double; text-align: right; border-top-color: Black; border-top-width: 0.5pt"><FONT STYLE="font-size: 10pt">2,102</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; border-bottom: Black 2pt double; text-align: right; border-top-color: Black; border-top-width: 0.5pt"><FONT STYLE="font-size: 10pt">(17)</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); color: #C00000; font-weight: bold; border-bottom: Black 2pt double; text-align: right; border-top-color: Black; border-top-width: 0.5pt"><FONT STYLE="font-size: 10pt">8,690</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; border-bottom: Black 2pt double; text-align: right; border-top-color: Black; border-top-width: 0.5pt"><FONT STYLE="font-size: 10pt">6,417</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; border-bottom: Black 2pt double; text-align: right; border-top-color: Black; border-top-width: 0.5pt"><FONT STYLE="font-size: 10pt">35</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt"></FONT></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0">Income (expense) from investments</P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font: 12pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 8pt; border-bottom: Black 0.5pt solid; text-align: left; width: 29%"><FONT STYLE="font-size: 8pt">(&euro;
    million)</FONT></TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; width: 12%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; width: 14%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; width: 12%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; text-align: right; width: 12%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; text-align: right; width: 12%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; text-align: right; width: 9%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-bottom: Black 0.5pt solid; text-align: left; border-top-color: Black; border-top-width: 0.5pt"><FONT STYLE="font-size: 10pt">Nine
    months 2020</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 10pt">Exploration
    &amp;<BR>
    Production</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 10pt">Global Gas
    &amp; LNG Portfolio</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 10pt">Refining
    &amp; <BR>
    Marketing and Chemicals</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 10pt">EGL, Power,
    Renewables</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 10pt">Corporate
    and other activities</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">Group</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">Share of profit (loss) from equity-accounted investments</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(684)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(11)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(367)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">4</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(320)</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">(1,378)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">Dividends&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">73</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">31</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">104</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">Other income (expense), net</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(30)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(17)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">(47)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="color: #CC0000; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right"><FONT STYLE="font-size: 10pt">(611)</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right"><FONT STYLE="font-size: 10pt">(41)</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right"><FONT STYLE="font-size: 10pt">(353)</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right"><FONT STYLE="font-size: 10pt">4</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right"><FONT STYLE="font-size: 10pt">(320)</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; border-top: Black 0.5pt solid; border-bottom: Black 2pt double; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">(1,321)</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 14pt"></FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 60%; font-size: 12pt; border-collapse: collapse">
<TR STYLE="vertical-align: top; font-size: 12pt">
    <TD STYLE="padding: 5.4pt; background-color: #FFD966; text-align: justify; font-size: 12pt; width: 100%"><FONT STYLE="font: 14pt Times New Roman, Times, Serif"><B>Leverage
    and net borrowings</B></FONT></TD>
    </TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="text-align: justify; font: 9pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 9pt">Leverage is a measure used by management
to assess the Company&rsquo;s level of indebtedness. It is calculated as a ratio of net borrowings to shareholders&rsquo; equity,
including non-controlling interest. Management periodically reviews leverage in order to assess the soundness and efficiency of
the Group balance sheet in terms of optimal mix between net borrowings and net equity, and to carry out benchmark analysis with
industry standards.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font: 12pt Times New Roman, Times, Serif">
<TR>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-bottom: Black 1pt solid; text-align: right; width: 13%"><FONT STYLE="font-size: 10pt">Jun.
    30, 2020</FONT></TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-bottom: Black 1pt solid; text-align: right; width: 1%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 8pt; vertical-align: bottom; border-bottom: Black 1pt solid; text-align: center; width: 53%"><FONT STYLE="font-size: 8pt">(&euro;
    million)</FONT></TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-bottom: Black 1pt solid; text-align: right; background-color: #F2F2F2; width: 13%"><FONT STYLE="font-size: 10pt">Sept.
    30, 2020</FONT></TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-bottom: Black 1pt solid; text-align: right; width: 13%"><FONT STYLE="font-size: 10pt">Dec.
    31, 2019</FONT></TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-bottom: Black 1pt solid; text-align: right; width: 7%"><FONT STYLE="font-size: 10pt">Change</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">27,388</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">Total debt</FONT></TD>
    <TD STYLE="text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">27,365</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">24,518</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">2,847</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">4,642</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-left: 9px; font-style: italic; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;-&nbsp;&nbsp;Short-term
    debt</FONT></TD>
    <TD STYLE="font-style: italic; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">4,209</FONT></TD>
    <TD STYLE="font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">5,608</FONT></TD>
    <TD STYLE="font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">(1,399)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">22,746</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-left: 9px; font-style: italic; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;-&nbsp;&nbsp;Long-term
    debt</FONT></TD>
    <TD STYLE="font-style: italic; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">23,156</FONT></TD>
    <TD STYLE="font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">18,910</FONT></TD>
    <TD STYLE="font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">4,246</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(6,527)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">Cash and cash equivalents</FONT></TD>
    <TD STYLE="text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">(6,879)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(5,994)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(885)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(6,042)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">Securities held for trading&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">(5,611)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(6,760)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">1,149</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(490)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">Financing receivables held for non-operating purposes</FONT></TD>
    <TD STYLE="text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">(350)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(287)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(63)</FONT></TD></TR>
<TR STYLE="vertical-align: middle">
    <TD STYLE="color: #C00000; font-weight: bold; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 10pt">14,329</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; text-align: left"><FONT STYLE="font-size: 10pt">Net borrowings before lease
    liabilities ex IFRS 16</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">14,525</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 10pt">11,477</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 10pt">3,048</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">5,642</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">Lease Liabilities&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">5,328</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">5,648</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(320)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">3,766</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">- of which Eni working interest</FONT></TD>
    <TD STYLE="text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">3,588</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">3,672</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(84)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">1,876</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">- of which Joint operators' working interest</FONT></TD>
    <TD STYLE="text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">1,740</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">1,976</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(236)</FONT></TD></TR>
<TR STYLE="vertical-align: middle">
    <TD STYLE="color: #C00000; font-weight: bold; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 10pt">19,971</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; text-align: left"><FONT STYLE="font-size: 10pt">Net borrowings after lease liabilities
    ex IFRS 16</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">19,853</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 10pt">17,125</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 10pt">2,728</FONT></TD></TR>
<TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">38,839</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: left"><FONT STYLE="font-size: 10pt">Shareholders' equity including non-controlling
    interest</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">36,533</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">47,900</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">(11,367)</FONT></TD></TR>
<TR STYLE="vertical-align: middle">
    <TD STYLE="color: #C00000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">0.37</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; text-align: left"><FONT STYLE="font-size: 10pt">Leverage before lease liability
    ex IFRS 16</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">0.40</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">0.24</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">0.16</FONT></TD></TR>
<TR STYLE="vertical-align: middle">
    <TD STYLE="color: #C00000; font-weight: bold; border-bottom: Black 2pt double; text-align: right"><FONT STYLE="font-size: 10pt">0.51</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; border-bottom: Black 2pt double; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; border-bottom: Black 2pt double; text-align: left"><FONT STYLE="font-size: 10pt">Leverage
    after lease liability ex IFRS 16</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; border-bottom: Black 2pt double; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">0.54</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; border-bottom: Black 2pt double; text-align: right; background-color: white"><FONT STYLE="font-size: 10pt">0.36</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; border-bottom: Black 2pt double; text-align: right"><FONT STYLE="font-size: 10pt">0.18</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 14pt"></FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>Pro-forma leverage</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font: 12pt Times New Roman, Times, Serif">
<TR>
    <TD STYLE="font-size: 8pt; vertical-align: bottom; border-bottom: Black 1pt solid; text-align: center; width: 59%"><FONT STYLE="font-size: 8pt">(&euro;
    million)</FONT></TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-bottom: Black 1pt solid; text-align: right; background-color: #F2F2F2; width: 16%"><FONT STYLE="font-size: 10pt">Reported
    measure</FONT></TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-bottom: Black 1pt solid; text-align: right; width: 16%"><FONT STYLE="font-size: 10pt">Lease
    liabilities of <BR>
Joint operators' <BR>
working interest</FONT></TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-bottom: Black 1pt solid; text-align: right; width: 9%"><FONT STYLE="font-size: 10pt">Pro-forma
    measure</FONT></TD></TR>
<TR>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: left"><FONT STYLE="font-size: 10pt">Net borrowings after
    lease liabilities ex IFRS 16</FONT></TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">19,853</FONT></TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">1,740</FONT></TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">18,113</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 9pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: left"><FONT STYLE="font-size: 10pt">Shareholders' equity
    including non-controlling interest</FONT></TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">36,533</FONT></TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">36,533</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 9pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: middle">
    <TD STYLE="color: #C00000; font-weight: bold; border-bottom: Black 2pt double; text-align: left"><FONT STYLE="font-size: 10pt">Pro-forma
    leverage</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; border-bottom: Black 2pt double; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">0.54</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; border-bottom: Black 2pt double; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; border-bottom: Black 2pt double; text-align: right"><FONT STYLE="font-size: 10pt">0.50</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B></B></FONT></P>

<P STYLE="font: 7pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">Pro-forma
leverage is net of followers&rsquo; lease liabilities which are recovered through a cash call mechanism.</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">Net borrowings
are calculated under CONSOB provisions on Net Financial Position (Com. no. DEM/6064293 of 2006).</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

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<TR STYLE="vertical-align: top; background-color: #FFD966; font-size: 12pt">
    <TD STYLE="padding: 5.4pt; text-align: justify; font-size: 12pt; width: 100%"><FONT STYLE="font: 14pt Times New Roman, Times, Serif"><B>Consolidated
    financial statements</B></FONT></TD></TR>
</TABLE>
<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 3pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 13pt Times New Roman, Times, Serif; margin: 0pt 0"><B>BALANCE SHEET</B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font: 12pt Times New Roman, Times, Serif">
<TR>
    <TD STYLE="font-size: 8pt; vertical-align: bottom; text-align: center; width: 78%"><FONT STYLE="font-size: 8pt">(&euro; million)</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: center; width: 11%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: left; width: 11%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; border-top: Black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">Sept.
    30, 2020</FONT></TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 10pt">Dec.
    31, 2019</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 18px; font-weight: bold; text-align: left"><FONT STYLE="font-size: 10pt">ASSETS</FONT></TD>
    <TD STYLE="text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 18px; font-weight: bold; text-align: left"><FONT STYLE="font-size: 10pt">Current assets</FONT></TD>
    <TD STYLE="text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 18px; text-align: left"><FONT STYLE="font-size: 10pt">Cash and cash equivalents&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">6,879</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">5,994</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 18px; text-align: left"><FONT STYLE="font-size: 10pt">Other financial activities held for trading</FONT></TD>
    <TD STYLE="text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">5,611</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">6,760</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 18px; text-align: left"><FONT STYLE="font-size: 10pt">Other financial assets</FONT></TD>
    <TD STYLE="text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">424</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">384</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 18px; text-align: left"><FONT STYLE="font-size: 10pt">Trade and other receivables&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">10,763</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">12,873</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 18px; text-align: left"><FONT STYLE="font-size: 10pt">Inventories&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">4,031</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">4,734</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 18px; text-align: left"><FONT STYLE="font-size: 10pt">Income tax assets</FONT></TD>
    <TD STYLE="text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">202</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">192</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 18px; text-align: left"><FONT STYLE="font-size: 10pt">Other assets&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">2,473</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">3,972</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 18px; font-weight: bold; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: Black 0.5pt solid; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">30,383</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: Black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 10pt">34,909</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 18px; font-weight: bold; text-align: left"><FONT STYLE="font-size: 10pt">Non-current assets</FONT></TD>
    <TD STYLE="text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 18px; text-align: left"><FONT STYLE="font-size: 10pt">Property, plant and equipment&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">55,726</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">62,192</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 18px; text-align: left"><FONT STYLE="font-size: 10pt">Right of use assets</FONT></TD>
    <TD STYLE="text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">4,950</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">5,349</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 18px; text-align: left"><FONT STYLE="font-size: 10pt">Intangible assets&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">3,025</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">3,059</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 18px; text-align: left"><FONT STYLE="font-size: 10pt">Inventory - compulsory stock&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">914</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">1,371</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 18px; text-align: left"><FONT STYLE="font-size: 10pt">Equity-accounted investments&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">7,226</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">9,035</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 18px; text-align: left"><FONT STYLE="font-size: 10pt">Other investments&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">904</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">929</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 18px; text-align: left"><FONT STYLE="font-size: 10pt">Other financial assets</FONT></TD>
    <TD STYLE="text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">1,219</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">1,174</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 18px; text-align: left"><FONT STYLE="font-size: 10pt">Deferred tax assets&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">4,588</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">4,360</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 18px; text-align: left"><FONT STYLE="font-size: 10pt">Income tax assets</FONT></TD>
    <TD STYLE="text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">169</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">173</FONT></TD></TR>
<TR>
    <TD STYLE="padding-left: 18px; vertical-align: middle; text-align: left"><FONT STYLE="font-size: 10pt">Other assets</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">980</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">871</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 18px; font-weight: bold; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: Black 0.5pt solid; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">79,701</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: Black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 10pt">88,513</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 18px; font-weight: bold; text-align: left"><FONT STYLE="font-size: 10pt">Assets held for sale</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">18</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 10pt">18</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 18px; color: #C00000; font-weight: bold; text-align: left"><FONT STYLE="font-size: 10pt">TOTAL ASSETS</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; text-align: right; border-top-color: Black; border-top-width: 0.5pt; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">110,102</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">123,440</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 18px; font-weight: bold; text-align: left"><FONT STYLE="font-size: 10pt">LIABILITIES AND SHAREHOLDERS'
    EQUITY</FONT></TD>
    <TD STYLE="text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 18px; font-weight: bold; text-align: left"><FONT STYLE="font-size: 10pt">Current liabilities</FONT></TD>
    <TD STYLE="text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 18px; text-align: left"><FONT STYLE="font-size: 10pt">Short-term debt</FONT></TD>
    <TD STYLE="text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">3,003</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">2,452</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 18px; text-align: left"><FONT STYLE="font-size: 10pt">Current portion of long-term debt</FONT></TD>
    <TD STYLE="text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">1,206</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">3,156</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 18px; text-align: left"><FONT STYLE="font-size: 10pt">Current portion of long-term lease liabilities</FONT></TD>
    <TD STYLE="text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">856</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">889</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 18px; text-align: left"><FONT STYLE="font-size: 10pt">Trade and other payables</FONT></TD>
    <TD STYLE="text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">12,054</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">15,545</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 18px; text-align: left"><FONT STYLE="font-size: 10pt">Income taxes payable</FONT></TD>
    <TD STYLE="text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">301</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">456</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 18px; text-align: left"><FONT STYLE="font-size: 10pt">Other liabilities</FONT></TD>
    <TD STYLE="text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">6,115</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">7,146</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 18px; font-weight: bold; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: Black 0.5pt solid; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">23,535</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: Black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 10pt">29,644</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 18px; font-weight: bold; text-align: left"><FONT STYLE="font-size: 10pt">Non-current liabilities</FONT></TD>
    <TD STYLE="text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 18px; text-align: left"><FONT STYLE="font-size: 10pt">Long-term debt&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">23,156</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">18,910</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 18px; text-align: left"><FONT STYLE="font-size: 10pt">Long-term lease liabilities</FONT></TD>
    <TD STYLE="text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">4,472</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">4,759</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 18px; text-align: left"><FONT STYLE="font-size: 10pt">Provisions for contingencies&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">13,225</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">14,106</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 18px; text-align: left"><FONT STYLE="font-size: 10pt">Provisions for employee benefits&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">1,109</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">1,136</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 18px; text-align: left"><FONT STYLE="font-size: 10pt">Deferred tax liabilities</FONT></TD>
    <TD STYLE="text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">5,955</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">4,920</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 18px; text-align: left"><FONT STYLE="font-size: 10pt">Income taxes payable</FONT></TD>
    <TD STYLE="text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">456</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">454</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 18px; text-align: left"><FONT STYLE="font-size: 10pt">Other liabilities&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">1,661</FONT></TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 10pt">1,611</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 18px; font-weight: bold; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">50,034</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">45,896</FONT></TD></TR>
<TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 18px; font-weight: bold; text-align: left"><FONT STYLE="font-size: 10pt">Liabilities directly associated
    with assets held for sale</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 18px; color: #C00000; font-weight: bold; text-align: left"><FONT STYLE="font-size: 10pt">TOTAL LIABILITIES</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">73,569</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">75,540</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 18px; font-weight: bold; text-align: left"><FONT STYLE="font-size: 10pt">SHAREHOLDERS' EQUITY</FONT></TD>
    <TD STYLE="text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 18px; font-weight: bold; text-align: left"><FONT STYLE="font-size: 10pt">Non-controlling interest&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">73</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">61</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 18px; font-weight: bold; text-align: left"><FONT STYLE="font-size: 10pt">Eni shareholders' equity:</FONT></TD>
    <TD STYLE="text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 18px; text-align: left"><FONT STYLE="font-size: 10pt">Share capital&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">4,005</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">4,005</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 18px; text-align: left"><FONT STYLE="font-size: 10pt">Retained earnings</FONT></TD>
    <TD STYLE="text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">34,478</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">37,436</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 18px; text-align: left"><FONT STYLE="font-size: 10pt">Cumulative currency translation differences</FONT></TD>
    <TD STYLE="text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">5,403</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">7,209</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 18px; text-align: left"><FONT STYLE="font-size: 10pt">Other reserves&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">1,422</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">1,564</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 18px; text-align: left"><FONT STYLE="font-size: 10pt">Treasury shares&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">(581)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(981)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 18px; text-align: left"><FONT STYLE="font-size: 10pt">Interim dividend&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">(429)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(1,542)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 18px; text-align: left"><FONT STYLE="font-size: 10pt">Net profit&nbsp;&nbsp;(loss)</FONT></TD>
    <TD STYLE="text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">(7,838)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">148</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 18px; font-weight: bold; text-align: left"><FONT STYLE="font-size: 10pt">Total Eni shareholders'
    equity</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: Black 0.5pt solid; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">36,460</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: Black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 10pt">47,839</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 18px; color: #C00000; font-weight: bold; text-align: left"><FONT STYLE="font-size: 10pt">TOTAL SHAREHOLDERS'
    EQUITY&nbsp;</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">36,533</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">47,900</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 18px; color: #C00000; font-weight: bold; border-bottom: Black 2pt double; text-align: left"><FONT STYLE="font-size: 10pt">TOTAL
    LIABILITIES AND SHAREHOLDERS' EQUITY</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; border-bottom: Black 2pt double; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">110,102</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; border-bottom: Black 2pt double; text-align: right"><FONT STYLE="font-size: 10pt">123,440</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 13pt"><B></B></FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 13pt Times New Roman, Times, Serif; margin: 0pt 0"><B>GROUP PROFIT AND LOSS ACCOUNT</B></P>

<P STYLE="font: 13pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 13pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B></B></P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font: 12pt Times New Roman, Times, Serif">
<TR>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">IIQ&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; vertical-align: bottom; text-align: center"><FONT STYLE="font-size: 10pt">IIIQ&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; vertical-align: bottom; text-align: center"><FONT STYLE="font-size: 10pt">Nine months&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-bottom: black 1pt solid; text-align: right; width: 6%"><FONT STYLE="font-size: 10pt">2020</FONT></TD>
    <TD STYLE="font-size: 8pt; vertical-align: bottom; border-bottom: Black 1pt solid; text-align: center; width: 62%"><FONT STYLE="font-size: 8pt">(&euro;
    million)</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); font-weight: bold; vertical-align: middle; border-bottom: black 1pt solid; text-align: right; width: 8%"><FONT STYLE="font-size: 10pt">2020</FONT></TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-bottom: black 1pt solid; text-align: right; width: 8%"><FONT STYLE="font-size: 10pt">2019</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); font-weight: bold; vertical-align: middle; border-bottom: black 1pt solid; text-align: right; width: 8%"><FONT STYLE="font-size: 10pt">2020</FONT></TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-bottom: black 1pt solid; text-align: right; width: 8%"><FONT STYLE="font-size: 10pt">2019</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-left: 18px; font-weight: bold; text-align: left"><FONT STYLE="font-size: 10pt">REVENUES</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">8,157</FONT></TD>
    <TD STYLE="padding-left: 18px; text-align: left"><FONT STYLE="font-size: 10pt">Sales from operations&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">10,326</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">16,686</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">32,356</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">53,666</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">247</FONT></TD>
    <TD STYLE="padding-left: 18px; text-align: left"><FONT STYLE="font-size: 10pt">Other income and revenues&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">194</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">275</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">654</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">919</FONT></TD></TR>
<TR>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 10pt">8,404</FONT></TD>
    <TD STYLE="padding-left: 18px; font-weight: bold; vertical-align: bottom; text-align: left"><FONT STYLE="font-size: 10pt">Total
    revenues</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; background-color: rgb(242,242,242); font-weight: bold; vertical-align: middle; text-align: right"><FONT STYLE="font-size: 10pt">10,520</FONT></TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 10pt">16,961</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 10pt">33,010</FONT></TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 10pt">54,585</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-left: 18px; font-weight: bold; text-align: left"><FONT STYLE="font-size: 10pt">OPERATING EXPENSES</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(5,517)</FONT></TD>
    <TD STYLE="padding-left: 18px; text-align: left"><FONT STYLE="font-size: 10pt">Purchases, services and other</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">(7,531)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(12,183)</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">(24,717)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(38,974)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(139)</FONT></TD>
    <TD STYLE="padding-left: 18px; text-align: left"><FONT STYLE="font-size: 10pt">Impairment reversals (impairment losses) of
    trade and other receivables, net</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">(3)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(102)</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">(214)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(348)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(704)</FONT></TD>
    <TD STYLE="padding-left: 18px; text-align: left"><FONT STYLE="font-size: 10pt">Payroll and related costs</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">(677)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(705)</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">(2,219)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(2,258)</FONT></TD></TR>
<TR>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 10pt">(110)</FONT></TD>
    <TD STYLE="padding-left: 18px; font-weight: bold; vertical-align: bottom; text-align: left"><FONT STYLE="font-size: 10pt">Other
    operating (expense) income</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 10pt">(352)</FONT></TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 10pt">(8)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; background-color: rgb(242,242,242); font-weight: bold; vertical-align: middle; text-align: right"><FONT STYLE="font-size: 10pt">(725)</FONT></TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 10pt">22</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 10pt">(1,977)</FONT></TD>
    <TD STYLE="padding-left: 18px; font-weight: bold; text-align: left"><FONT STYLE="font-size: 10pt">Depreciation, Depletion
    and Amortization</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; background-color: rgb(242,242,242); font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">(1,777)</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 10pt">(2,067)</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 10pt">(5,634)</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 10pt">(5,893)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 10pt">(2,408)</FONT></TD>
    <TD STYLE="padding-left: 18px; font-weight: bold; text-align: left"><FONT STYLE="font-size: 10pt">Impairment reversals (impairment
    losses) of tangible and intangible and right of use assets, net</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; background-color: rgb(242,242,242); font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">4</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 10pt">(33)</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 10pt">(2,745)</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 10pt">(344)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 10pt">(229)</FONT></TD>
    <TD STYLE="padding-left: 18px; font-weight: bold; text-align: left"><FONT STYLE="font-size: 10pt">Write-off of tangible and
    intangible assets</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; background-color: rgb(242,242,242); font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">36</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 10pt">(2)</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 10pt">(311)</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 10pt">(180)</FONT></TD></TR>
<TR>
    <TD STYLE="color: #C00000; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 10pt">(2,680)</FONT></TD>
    <TD STYLE="padding-left: 18px; color: #C00000; font-weight: bold; vertical-align: bottom; text-align: left"><FONT STYLE="font-size: 10pt">OPERATING
    PROFIT (LOSS)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; background-color: rgb(242,242,242); color: #C00000; font-weight: bold; vertical-align: middle; text-align: right"><FONT STYLE="font-size: 10pt">220</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 10pt">1,861</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; background-color: rgb(242,242,242); color: #C00000; font-weight: bold; vertical-align: middle; text-align: right"><FONT STYLE="font-size: 10pt">(3,555)</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 10pt">6,610</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-left: 18px; font-weight: bold; text-align: left"><FONT STYLE="font-size: 10pt">FINANCE INCOME (EXPENSE)</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">808</FONT></TD>
    <TD STYLE="padding-left: 18px; text-align: left"><FONT STYLE="font-size: 10pt">Finance income</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">1,023</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">1,005</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">3,176</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">2,425</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(1,078)</FONT></TD>
    <TD STYLE="padding-left: 18px; text-align: left"><FONT STYLE="font-size: 10pt">Finance expense</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">(1,505)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(1,085)</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">(4,101)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(3,114)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">92</FONT></TD>
    <TD STYLE="padding-left: 18px; text-align: left"><FONT STYLE="font-size: 10pt">Net finance income (expense) from financial
    assets held for trading</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">25</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">43</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">18</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">121</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">60</FONT></TD>
    <TD STYLE="padding-left: 18px; text-align: left"><FONT STYLE="font-size: 10pt">Derivative financial instruments</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">182</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(63)</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">106</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(84)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 10pt">(118)</FONT></TD>
    <TD STYLE="padding-left: 18px; color: #C00000; font-weight: bold; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; background-color: rgb(242,242,242); font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">(275)</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 10pt">(100)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; background-color: rgb(242,242,242); font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">(801)</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 10pt">(652)</FONT></TD></TR>
<TR>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-left: 18px; font-weight: bold; vertical-align: bottom; text-align: left"><FONT STYLE="font-size: 10pt">INCOME
    (EXPENSE) FROM INVESTMENTS</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); font-weight: bold; vertical-align: middle; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); font-weight: bold; vertical-align: middle; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(528)</FONT></TD>
    <TD STYLE="padding-left: 18px; text-align: left"><FONT STYLE="font-size: 10pt">Share of profit (loss) of equity-accounted
    investments&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">26</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">3</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">(1,378)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">55</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">39</FONT></TD>
    <TD STYLE="padding-left: 18px; text-align: left"><FONT STYLE="font-size: 10pt">Other gain (loss) from investments</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">32</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">70</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">57</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">164</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 10pt">(489)</FONT></TD>
    <TD STYLE="padding-left: 18px; color: #C00000; font-weight: bold; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; background-color: rgb(242,242,242); font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">58</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 10pt">73</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; background-color: rgb(242,242,242); font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">(1,321)</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 10pt">219</FONT></TD></TR>
<TR>
    <TD STYLE="color: #C00000; font-weight: bold; vertical-align: middle; text-align: right"><FONT STYLE="font-size: 10pt">(3,287)</FONT></TD>
    <TD STYLE="padding-left: 18px; color: #C00000; font-weight: bold; vertical-align: bottom; text-align: left"><FONT STYLE="font-size: 10pt">PROFIT
    (LOSS) BEFORE INCOME TAXES&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); color: #C00000; font-weight: bold; vertical-align: middle; text-align: right; border-top-color: Black; border-top-width: 0.5pt"><FONT STYLE="font-size: 10pt">3</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; vertical-align: middle; text-align: right; border-top-color: Black; border-top-width: 0.5pt"><FONT STYLE="font-size: 10pt">1,834</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); color: #C00000; font-weight: bold; vertical-align: middle; text-align: right; border-top-color: Black; border-top-width: 0.5pt"><FONT STYLE="font-size: 10pt">(5,677)</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; vertical-align: middle; text-align: right; border-top-color: Black; border-top-width: 0.5pt"><FONT STYLE="font-size: 10pt">6,177</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 10pt">(1,118)</FONT></TD>
    <TD STYLE="padding-left: 18px; vertical-align: bottom; text-align: left"><FONT STYLE="font-size: 10pt">Income taxes&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; background-color: rgb(242,242,242); vertical-align: middle; text-align: right"><FONT STYLE="font-size: 10pt">(504)</FONT></TD>
    <TD STYLE="vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 10pt">(1,310)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; background-color: rgb(242,242,242); vertical-align: middle; text-align: right"><FONT STYLE="font-size: 10pt">(2,156)</FONT></TD>
    <TD STYLE="vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 10pt">(4,133)</FONT></TD></TR>
<TR>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: right"><FONT STYLE="font-size: 10pt">(4,405)</FONT></TD>
    <TD STYLE="padding-left: 18px; font-weight: bold; vertical-align: bottom; text-align: left"><FONT STYLE="font-size: 10pt">Net
    profit (loss)</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); font-weight: bold; vertical-align: middle; text-align: right"><FONT STYLE="font-size: 10pt">(501)</FONT></TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: right"><FONT STYLE="font-size: 10pt">524</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); font-weight: bold; vertical-align: middle; text-align: right"><FONT STYLE="font-size: 10pt">(7,833)</FONT></TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: right"><FONT STYLE="font-size: 10pt">2,044</FONT></TD></TR>
<TR>
    <TD STYLE="font-weight: bold; vertical-align: top; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-left: 18px; vertical-align: bottom; text-align: left"><FONT STYLE="font-size: 10pt">attributable to:</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); font-weight: bold; vertical-align: top; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; vertical-align: top; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); font-weight: bold; vertical-align: top; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; vertical-align: top; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: middle; text-align: right"><FONT STYLE="font-size: 10pt">(4,406)</FONT></TD>
    <TD STYLE="padding-left: 9px; vertical-align: middle; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;-
    Eni's shareholders</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); vertical-align: top; text-align: right"><FONT STYLE="font-size: 10pt">(503)</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right"><FONT STYLE="font-size: 10pt">523</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); vertical-align: top; text-align: right"><FONT STYLE="font-size: 10pt">(7,838)</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right"><FONT STYLE="font-size: 10pt">2,039</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; text-align: right"><FONT STYLE="font-size: 10pt">1</FONT></TD>
    <TD STYLE="padding-left: 9px; vertical-align: bottom; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;-
    Non-controlling interest</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); vertical-align: top; text-align: right"><FONT STYLE="font-size: 10pt">2</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right"><FONT STYLE="font-size: 10pt">1</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); vertical-align: top; text-align: right"><FONT STYLE="font-size: 10pt">5</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: right"><FONT STYLE="font-size: 10pt">5</FONT></TD></TR>
<TR>
    <TD STYLE="font-weight: bold; vertical-align: top; border-bottom: Black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-left: 18px; font-weight: bold; vertical-align: bottom; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); font-weight: bold; vertical-align: top; border-bottom: Black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; vertical-align: top; border-bottom: Black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; background-color: rgb(242,242,242); font-weight: bold; vertical-align: top; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; vertical-align: top; border-bottom: Black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-top-color: Black; border-top-width: 0.5pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-left: 18px; font-weight: bold; vertical-align: bottom; text-align: left"><FONT STYLE="font-size: 10pt">Net
    profit (loss) per share attributable <BR>
    to Eni's shareholders (&euro; per share)</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); font-weight: bold; vertical-align: middle; border-top-color: Black; border-top-width: 0.5pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-top-color: Black; border-top-width: 0.5pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); font-weight: bold; vertical-align: middle; border-top-color: Black; border-top-width: 0.5pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-top-color: Black; border-top-width: 0.5pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(1.23)</FONT></TD>
    <TD STYLE="padding-left: 18px; text-align: left"><FONT STYLE="font-size: 10pt">- basic</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">(0.14)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">0.15</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">(2.19)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">0.57</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 10pt">(1.23)</FONT></TD>
    <TD STYLE="padding-left: 18px; text-align: left"><FONT STYLE="font-size: 10pt">- diluted</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">(0.14)</FONT></TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 10pt">0.15</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">(2.19)</FONT></TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 10pt">0.57</FONT></TD></TR>
<TR>
    <TD STYLE="font-weight: bold; vertical-align: middle"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-left: 18px; font-weight: bold; vertical-align: bottom; text-align: left"><FONT STYLE="font-size: 10pt">Weighted
    average number of shares outstanding (million)</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); font-weight: bold; vertical-align: middle"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; vertical-align: middle"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); font-weight: bold; vertical-align: middle"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; vertical-align: middle"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">3,572.5</FONT></TD>
    <TD STYLE="padding-left: 18px; text-align: left"><FONT STYLE="font-size: 10pt">- basic</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">3,572.5</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">3,590.5</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">3,572.5</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">3,597.4</FONT></TD></TR>
<TR>
    <TD STYLE="border-bottom: Black 2pt double; vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">3,574.8</FONT></TD>
    <TD STYLE="padding-left: 18px; vertical-align: top; text-align: left"><FONT STYLE="font-size: 10pt">- diluted</FONT></TD>
    <TD STYLE="border-bottom: Black 2pt double; background-color: rgb(242,242,242); vertical-align: top; text-align: right"><FONT STYLE="font-size: 10pt">3,575.4</FONT></TD>
    <TD STYLE="border-bottom: Black 2pt double; vertical-align: top; text-align: right"><FONT STYLE="font-size: 10pt">3,593.3</FONT></TD>
    <TD STYLE="border-bottom: Black 2pt double; background-color: rgb(242,242,242); vertical-align: top; text-align: right"><FONT STYLE="font-size: 10pt">3,575.4</FONT></TD>
    <TD STYLE="border-bottom: Black 2pt double; vertical-align: top; text-align: right"><FONT STYLE="font-size: 10pt">3,600.1</FONT></TD></TR>
</TABLE>
<P STYLE="font: 13pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 13pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B></B></P>

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<P STYLE="font: 13pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B></B></P>

<P STYLE="font: 13pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 13pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>COMPREHENSIVE INCOME (LOSS)</B></P>

<P STYLE="font: 13pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font: 12pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center"><FONT STYLE="font-size: 10pt">IIIQ&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center"><FONT STYLE="font-size: 10pt">Nine months&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 8pt; vertical-align: bottom; text-align: center; width: 70%"><FONT STYLE="font-size: 8pt">(&euro;
    million)&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); border-bottom: Black 1pt solid; font-weight: bold; vertical-align: middle; text-align: right; width: 8%"><FONT STYLE="font-size: 10pt">2020</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; vertical-align: middle; text-align: right; width: 8%"><FONT STYLE="font-size: 10pt">2019</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); border-bottom: Black 1pt solid; font-weight: bold; vertical-align: middle; text-align: right; width: 7%"><FONT STYLE="font-size: 10pt">2020</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; vertical-align: middle; text-align: right; width: 7%"><FONT STYLE="font-size: 10pt">2019</FONT></TD></TR>
<TR>
    <TD STYLE="padding-left: 18px; color: #C00000; font-weight: bold; vertical-align: bottom; text-align: left"><FONT STYLE="font-size: 10pt">Net
    profit (loss)&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); color: #C00000; font-weight: bold; vertical-align: middle; text-align: right"><FONT STYLE="font-size: 10pt">(501)</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; vertical-align: middle; text-align: right"><FONT STYLE="font-size: 10pt">524</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); color: #C00000; font-weight: bold; vertical-align: middle; text-align: right"><FONT STYLE="font-size: 10pt">(7,833)</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; vertical-align: middle; text-align: right"><FONT STYLE="font-size: 10pt">2,044</FONT></TD></TR>
<TR>
    <TD STYLE="padding-left: 18px; font-weight: bold; vertical-align: bottom; text-align: left"><FONT STYLE="font-size: 10pt">Items
    that are not reclassified to profit or loss in later periods</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); font-weight: bold; vertical-align: middle; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); font-weight: bold; vertical-align: middle; text-align: right"><FONT STYLE="font-size: 10pt">8</FONT></TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 18px; font-style: italic; text-align: left"><FONT STYLE="font-size: 10pt">Change in the fair value
    of interests with effects on other comprehensive income</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">8</FONT></TD>
    <TD STYLE="font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="padding-left: 18px; font-weight: bold; vertical-align: bottom; text-align: left"><FONT STYLE="font-size: 10pt">Items
    that may be reclassified to profit in later periods</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); font-weight: bold; vertical-align: middle; text-align: right"><FONT STYLE="font-size: 10pt">(1,363)</FONT></TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: right"><FONT STYLE="font-size: 10pt">1,638</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); font-weight: bold; vertical-align: middle; text-align: right"><FONT STYLE="font-size: 10pt">(1,569)</FONT></TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: right"><FONT STYLE="font-size: 10pt">1,562</FONT></TD></TR>
<TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 18px; font-style: italic; text-align: left"><FONT STYLE="font-size: 10pt">Currency translation differences</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">(1,642)</FONT></TD>
    <TD STYLE="font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">1,481</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">(1,806)</FONT></TD>
    <TD STYLE="font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">1,801</FONT></TD></TR>
<TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 18px; font-style: italic; text-align: left"><FONT STYLE="font-size: 10pt">Change in the fair value
    of cash flow hedging derivatives</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">394</FONT></TD>
    <TD STYLE="font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">246</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">271</FONT></TD>
    <TD STYLE="font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">(318)</FONT></TD></TR>
<TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 18px; font-style: italic; text-align: left"><FONT STYLE="font-size: 10pt">Share of other comprehensive
    income on equity-accounted entities</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">(18)</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">46</FONT></TD>
    <TD STYLE="font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">(13)</FONT></TD></TR>
<TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 18px; font-style: italic; text-align: left"><FONT STYLE="font-size: 10pt">Taxation&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">(115)</FONT></TD>
    <TD STYLE="font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">(71)</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">(80)</FONT></TD>
    <TD STYLE="font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">92</FONT></TD></TR>
<TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 18px; color: #C00000; font-weight: bold; text-align: left"><FONT STYLE="font-size: 10pt">Total other
    items of comprehensive income (loss)</FONT></TD>
    <TD STYLE="border-top: Black 0.5pt solid; background-color: rgb(242,242,242); color: #C00000; font-weight: bold; border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-size: 10pt">(1,363)</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 10pt">1,638</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); color: #C00000; font-weight: bold; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 10pt">(1,561)</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 10pt">1,562</FONT></TD></TR>
<TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 18px; color: #C00000; font-weight: bold; text-align: left"><FONT STYLE="font-size: 10pt">Total comprehensive
    income (loss)</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); color: #C00000; font-weight: bold; text-align: right; border-top-color: Black; border-top-width: 0.5pt"><FONT STYLE="font-size: 10pt">(1,864)</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; text-align: right; border-top-color: Black; border-top-width: 0.5pt"><FONT STYLE="font-size: 10pt">2,162</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); color: #C00000; font-weight: bold; text-align: right; border-top-color: Black; border-top-width: 0.5pt"><FONT STYLE="font-size: 10pt">(9,394)</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; text-align: right; border-top-color: Black; border-top-width: 0.5pt"><FONT STYLE="font-size: 10pt">3,606</FONT></TD></TR>
<TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 18px; text-align: left"><FONT STYLE="font-size: 10pt">attributable to:</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="padding-left: 27px; color: #C00000; font-weight: bold; vertical-align: bottom; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;-
    Eni's shareholders</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); color: #C00000; font-weight: bold; vertical-align: middle; text-align: right"><FONT STYLE="font-size: 10pt">(1,866)</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; vertical-align: middle; text-align: right"><FONT STYLE="font-size: 10pt">2,161</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); color: #C00000; font-weight: bold; vertical-align: middle; text-align: right"><FONT STYLE="font-size: 10pt">(9,399)</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; vertical-align: middle; text-align: right"><FONT STYLE="font-size: 10pt">3,601</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: Black 2pt double; padding-left: 27px; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;- Non-controlling interest</FONT></TD>
    <TD STYLE="border-bottom: Black 2pt double; background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">2</FONT></TD>
    <TD STYLE="border-bottom: Black 2pt double; text-align: right"><FONT STYLE="font-size: 10pt">1</FONT></TD>
    <TD STYLE="border-bottom: Black 2pt double; background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">5</FONT></TD>
    <TD STYLE="border-bottom: Black 2pt double; text-align: right"><FONT STYLE="font-size: 10pt">5</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 13pt"><B></B></FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

<P STYLE="font: 13pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

<P STYLE="font: 13pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 13pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>CHANGES IN SHAREHOLDERS&rsquo; EQUITY
</B></P>

<P STYLE="font: 13pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font: 12pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 8pt; border-bottom: Black 0.5pt solid; text-align: center; width: 79%"><FONT STYLE="font-size: 8pt">(&euro;
    million)</FONT></TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; width: 1%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; text-align: right; width: 7%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; text-align: center; width: 13%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 18px; color: #C00000; font-weight: bold; text-align: left"><FONT STYLE="font-size: 10pt">Shareholders'
    equity at January 1, 2019</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 9px; color: #C00000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; text-align: center"><FONT STYLE="font-size: 10pt">51,069</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 27px; text-align: left"><FONT STYLE="font-size: 10pt">Total comprehensive income (loss)</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">3,606</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 27px; text-align: left"><FONT STYLE="font-size: 10pt">Dividends paid to Eni's shareholders</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(3,018)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 27px; text-align: left"><FONT STYLE="font-size: 10pt">Dividends distributed by consolidated subsidiaries</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(3)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 27px; text-align: left"><FONT STYLE="font-size: 10pt">Buy-back program</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(229)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 27px; text-align: left"><FONT STYLE="font-size: 10pt">Reimbursement to third party shareholders&nbsp;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(1)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 27px; text-align: left"><FONT STYLE="font-size: 10pt">Other changes</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">47</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="padding-left: 18px; font-weight: bold; vertical-align: bottom; text-align: left"><FONT STYLE="font-size: 10pt">Total
    changes</FONT></TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center"><FONT STYLE="font-size: 10pt">402</FONT></TD></TR>
<TR>
    <TD STYLE="padding-left: 18px; color: #C00000; font-weight: bold; vertical-align: bottom; text-align: left"><FONT STYLE="font-size: 10pt">Shareholders'
    equity at September 30, 2019</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; color: #C00000; font-weight: bold; vertical-align: middle; text-align: center"><FONT STYLE="font-size: 10pt">51,471</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 27px; text-align: left"><FONT STYLE="font-size: 10pt">attributable to:</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 27px; color: #C00000; font-weight: bold; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;-
    Eni's shareholders</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; text-align: center"><FONT STYLE="font-size: 10pt">51,413</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 27px; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;- Non-controlling interest</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">58</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 27px; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 2pt double; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 18px; color: #C00000; font-weight: bold; text-align: left"><FONT STYLE="font-size: 10pt">Shareholders'
    equity at December 31, 2019</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; text-align: center"><FONT STYLE="font-size: 10pt">47,900</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 27px; text-align: left"><FONT STYLE="font-size: 10pt">Total comprehensive income (loss)</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(9,394)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 27px; text-align: left"><FONT STYLE="font-size: 10pt">Dividends paid to Eni's shareholders</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(1,965)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 27px; text-align: left"><FONT STYLE="font-size: 10pt">Dividends distributed by consolidated subsidiaries</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(3)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 27px; text-align: left"><FONT STYLE="font-size: 10pt">Other changes</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(5)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 18px; font-weight: bold; text-align: left"><FONT STYLE="font-size: 10pt">Total changes</FONT></TD>
    <TD STYLE="font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 9px; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: center"><FONT STYLE="font-size: 10pt">(11,367)</FONT></TD></TR>
<TR>
    <TD STYLE="padding-left: 18px; color: #C00000; font-weight: bold; vertical-align: bottom; text-align: left"><FONT STYLE="font-size: 10pt">Shareholders'
    equity at September 30, 2020</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; vertical-align: bottom"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 9px; color: #C00000; font-weight: bold; vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; color: #C00000; font-weight: bold; vertical-align: middle; text-align: center"><FONT STYLE="font-size: 10pt">36,533</FONT></TD></TR>
<TR>
    <TD STYLE="padding-left: 18px; vertical-align: bottom; text-align: left"><FONT STYLE="font-size: 10pt">attributable to:</FONT></TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 9px; font-weight: bold; vertical-align: middle; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center; vertical-align: middle"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 27px; color: #C00000; font-weight: bold; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;-
    Eni's shareholders</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; text-align: center"><FONT STYLE="font-size: 10pt">36,460</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: Black 2pt double; padding-left: 27px; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;- Non-controlling interest</FONT></TD>
    <TD STYLE="border-bottom: Black 2pt double; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 2pt double; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 2pt double; text-align: center"><FONT STYLE="font-size: 10pt">73</FONT></TD></TR>
</TABLE>
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<P STYLE="font: 13pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>&nbsp;</B></P>

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<P STYLE="font: 13pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>GROUP CASH FLOW STATEMENT</B></P>

<P STYLE="font: 13pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font: 12pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">IIQ&nbsp;</FONT></TD>
    <TD STYLE="padding-left: 18pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center"><FONT STYLE="font-size: 10pt">IIIQ&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center"><FONT STYLE="font-size: 10pt">Nine months&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="border-bottom: black 1pt solid; font-weight: bold; vertical-align: middle; text-align: right; width: 6%"><FONT STYLE="font-size: 10pt">2020</FONT></TD>
    <TD STYLE="padding-left: 18pt; border-bottom: Black 1pt solid; font-size: 8pt; vertical-align: bottom; text-align: center; width: 62%"><FONT STYLE="font-size: 8pt">(&euro;
    million)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; background-color: rgb(242,242,242); font-weight: bold; vertical-align: middle; text-align: right; width: 8%"><FONT STYLE="font-size: 10pt">2020</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; font-weight: bold; vertical-align: middle; text-align: right; width: 8%"><FONT STYLE="font-size: 10pt">2019</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; background-color: rgb(242,242,242); font-weight: bold; vertical-align: middle; text-align: right; width: 8%"><FONT STYLE="font-size: 10pt">2020</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; font-weight: bold; vertical-align: middle; text-align: right; width: 8%"><FONT STYLE="font-size: 10pt">2019</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="color: #C00000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">(4,405)</FONT></TD>
    <TD STYLE="padding-left: 18pt; color: #C00000; font-weight: bold; text-align: left"><FONT STYLE="font-size: 10pt">Net profit
    (loss)</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); color: #C00000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">(501)</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">524</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); color: #C00000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">(7,833)</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">2,044</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: middle; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-left: 18pt; font-style: italic; vertical-align: bottom; text-align: left"><FONT STYLE="font-size: 10pt">Adjustments
    to reconcile net profit (loss) to net cash provided by operating activities:</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); vertical-align: middle; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); vertical-align: middle; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 10pt">1,977</FONT></TD>
    <TD STYLE="padding-left: 18pt; text-align: left"><FONT STYLE="font-size: 10pt">Depreciation, depletion and amortization&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">1,777</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">2,067</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">5,634</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">5,893</FONT></TD></TR>
<TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 10pt">2,408</FONT></TD>
    <TD STYLE="padding-left: 18pt; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;Impairment losses (impairment reversals)
    of tangible, intangible and right of use, net</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">(4)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">33</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">2,745</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">344</FONT></TD></TR>
<TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 10pt">229</FONT></TD>
    <TD STYLE="padding-left: 18pt; text-align: left"><FONT STYLE="font-size: 10pt">Write-off of tangible and intangible assets</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">(36)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">2</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">311</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">180</FONT></TD></TR>
<TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 10pt">528</FONT></TD>
    <TD STYLE="padding-left: 18pt; text-align: left"><FONT STYLE="font-size: 10pt">Share of (profit) loss of equity-accounted
    investments&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">(26)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(3)</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">1,378</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(55)</FONT></TD></TR>
<TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 10pt">(1)</FONT></TD>
    <TD STYLE="padding-left: 18pt; text-align: left"><FONT STYLE="font-size: 10pt">Gains on disposal of assets, net&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">(2)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(18)</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">(6)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(44)</FONT></TD></TR>
<TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 10pt">(56)</FONT></TD>
    <TD STYLE="padding-left: 18pt; text-align: left"><FONT STYLE="font-size: 10pt">Dividend income&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">(32)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(54)</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">(104)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(143)</FONT></TD></TR>
<TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 10pt">(44)</FONT></TD>
    <TD STYLE="padding-left: 18pt; text-align: left"><FONT STYLE="font-size: 10pt">Interest income&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">(24)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(37)</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">(96)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(109)</FONT></TD></TR>
<TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 10pt">227</FONT></TD>
    <TD STYLE="padding-left: 18pt; text-align: left"><FONT STYLE="font-size: 10pt">Interest expense</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">210</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">264</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">668</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">785</FONT></TD></TR>
<TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 10pt">1,118</FONT></TD>
    <TD STYLE="padding-left: 18pt; text-align: left"><FONT STYLE="font-size: 10pt">Income taxes&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">504</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">1,310</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">2,156</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">4,133</FONT></TD></TR>
<TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 10pt">(161)</FONT></TD>
    <TD STYLE="padding-left: 18pt; text-align: left"><FONT STYLE="font-size: 10pt">Other changes</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">171</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(91)</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">93</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(105)</FONT></TD></TR>
<TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-left: 18pt; text-align: left"><FONT STYLE="font-size: 10pt">Changes in working capital:</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 10pt">(716)</FONT></TD>
    <TD STYLE="padding-left: 18pt; text-align: left"><FONT STYLE="font-size: 10pt">- inventories</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">17</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">52</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">1,078</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(50)</FONT></TD></TR>
<TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 10pt">1,791</FONT></TD>
    <TD STYLE="padding-left: 18pt; text-align: left"><FONT STYLE="font-size: 10pt">- trade receivables</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">(523)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">796</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">1,493</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">927</FONT></TD></TR>
<TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 10pt">(981)</FONT></TD>
    <TD STYLE="padding-left: 18pt; text-align: left"><FONT STYLE="font-size: 10pt">- trade payables</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">(86)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(1,028)</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">(2,691)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(1,901)</FONT></TD></TR>
<TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 10pt">(303)</FONT></TD>
    <TD STYLE="padding-left: 18pt; text-align: left"><FONT STYLE="font-size: 10pt">- provisions for contingencies</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">(77)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(30)</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">(476)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(60)</FONT></TD></TR>
<TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 10pt">212</FONT></TD>
    <TD STYLE="padding-left: 18pt; text-align: left"><FONT STYLE="font-size: 10pt">- other assets and liabilities</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">595</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(228)</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">1,210</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">112</FONT></TD></TR>
<TR STYLE="vertical-align: middle">
    <TD STYLE="font-style: italic; text-align: right; background-color: white"><FONT STYLE="font-size: 10pt">3</FONT></TD>
    <TD STYLE="padding-left: 18pt; font-style: italic; text-align: left"><FONT STYLE="font-size: 10pt">Cash flow from changes
    in working capital</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">(74)</FONT></TD>
    <TD STYLE="font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">(438)</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">614</FONT></TD>
    <TD STYLE="font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">(972)</FONT></TD></TR>
<TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 10pt">(11)</FONT></TD>
    <TD STYLE="padding-left: 18pt; text-align: left"><FONT STYLE="font-size: 10pt">Net change in the provisions for employee benefits</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">(22)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(46)</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">4</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(11)</FONT></TD></TR>
<TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 10pt">172</FONT></TD>
    <TD STYLE="padding-left: 18pt; text-align: left"><FONT STYLE="font-size: 10pt">Dividends received</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">85</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">72</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">413</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">1,227</FONT></TD></TR>
<TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 10pt">10</FONT></TD>
    <TD STYLE="padding-left: 18pt; text-align: left"><FONT STYLE="font-size: 10pt">Interest received</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">(1)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">37</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">32</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">69</FONT></TD></TR>
<TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 10pt">(257)</FONT></TD>
    <TD STYLE="padding-left: 18pt; text-align: left"><FONT STYLE="font-size: 10pt">Interest paid</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">(217)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(347)</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">(751)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(833)</FONT></TD></TR>
<TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 10pt">(334)</FONT></TD>
    <TD STYLE="padding-left: 18pt; text-align: left"><FONT STYLE="font-size: 10pt">Income taxes paid, net of tax receivables received</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">(352)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(1,220)</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">(1,424)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(3,736)</FONT></TD></TR>
<TR STYLE="vertical-align: middle">
    <TD STYLE="color: #C00000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">1,403</FONT></TD>
    <TD STYLE="padding-left: 18pt; color: #C00000; font-weight: bold; text-align: left"><FONT STYLE="font-size: 10pt">Net cash
    provided by operating activities&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); color: #C00000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">1,456</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">2,055</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); color: #C00000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">3,834</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">8,667</FONT></TD></TR>
<TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-left: 18pt; text-align: left"><FONT STYLE="font-size: 10pt">Investing activities:</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(940)</FONT></TD>
    <TD STYLE="padding-left: 18pt; text-align: left"><FONT STYLE="font-size: 10pt">- tangible assets and prepaid right of use</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">(839)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(1,836)</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">(3,308)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(5,945)</FONT></TD></TR>
<TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(38)</FONT></TD>
    <TD STYLE="padding-left: 18pt; text-align: left"><FONT STYLE="font-size: 10pt">- intangible assets</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">(50)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(63)</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">(149)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(190)</FONT></TD></TR>
<TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(10)</FONT></TD>
    <TD STYLE="padding-left: 18pt; text-align: left"><FONT STYLE="font-size: 10pt">- consolidated subsidiaries and businesses
    net of cash and cash equivalent acquired</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">(109)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(32)</FONT></TD>
    <TD STYLE="padding-left: 18pt; text-align: left"><FONT STYLE="font-size: 10pt">- investments</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">(95)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(2,931)</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">(250)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(2,982)</FONT></TD></TR>
<TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(9)</FONT></TD>
    <TD STYLE="padding-left: 18pt; text-align: left"><FONT STYLE="font-size: 10pt">- securities held for operating purposes&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">(15)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(8)</FONT></TD></TR>
<TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(41)</FONT></TD>
    <TD STYLE="padding-left: 18pt; text-align: left"><FONT STYLE="font-size: 10pt">- financing receivables held for operating
    purposes&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">(29)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(57)</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">(114)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(144)</FONT></TD></TR>
<TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(275)</FONT></TD>
    <TD STYLE="padding-left: 18pt; text-align: left"><FONT STYLE="font-size: 10pt">- change in payables in relation to investing
    activities&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">(332)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(90)</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">(702)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(110)</FONT></TD></TR>
<TR STYLE="vertical-align: middle">
    <TD STYLE="font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">(1,345)</FONT></TD>
    <TD STYLE="padding-left: 18pt; font-style: italic; text-align: left"><FONT STYLE="font-size: 10pt">Cash flow from investing
    activities&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">(1,345)</FONT></TD>
    <TD STYLE="font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">(4,977)</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">(4,647)</FONT></TD>
    <TD STYLE="font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">(9,379)</FONT></TD></TR>
<TR STYLE="vertical-align: middle">
    <TD STYLE="font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-left: 18pt; text-align: left"><FONT STYLE="font-size: 10pt">Disposals:</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">11</FONT></TD>
    <TD STYLE="padding-left: 18pt; text-align: left"><FONT STYLE="font-size: 10pt">- tangible assets</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">1</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">2</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">16</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">28</FONT></TD></TR>
<TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-left: 18pt; text-align: left"><FONT STYLE="font-size: 10pt">- intangible assets</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">1</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">1</FONT></TD></TR>
<TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-left: 18pt; text-align: left"><FONT STYLE="font-size: 10pt">- consolidated subsidiaries and businesses
    net of cash and cash equivalent disposed of</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">187</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">187</FONT></TD></TR>
<TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-left: 18pt; text-align: left"><FONT STYLE="font-size: 10pt">- tax on disposals</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(3)</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(3)</FONT></TD></TR>
<TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">2</FONT></TD>
    <TD STYLE="padding-left: 18pt; text-align: left"><FONT STYLE="font-size: 10pt">- investments</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">5</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">6</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">17</FONT></TD></TR>
<TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">2</FONT></TD>
    <TD STYLE="padding-left: 18pt; text-align: left"><FONT STYLE="font-size: 10pt">- securities held for operating purposes&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">3</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">15</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">5</FONT></TD></TR>
<TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">23</FONT></TD>
    <TD STYLE="padding-left: 18pt; text-align: left"><FONT STYLE="font-size: 10pt">- financing receivables held for operating
    purposes&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">19</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">31</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">84</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">87</FONT></TD></TR>
<TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-left: 18pt; text-align: left"><FONT STYLE="font-size: 10pt">- change in receivables in relation to disposals</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(1)</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">94</FONT></TD></TR>
<TR STYLE="vertical-align: middle">
    <TD STYLE="font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">38</FONT></TD>
    <TD STYLE="padding-left: 18pt; font-style: italic; text-align: left"><FONT STYLE="font-size: 10pt">Cash flow from disposals</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">23</FONT></TD>
    <TD STYLE="font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">222</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">121</FONT></TD>
    <TD STYLE="font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">416</FONT></TD></TR>
<TR STYLE="vertical-align: middle">
    <TD STYLE="padding-bottom: 1pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">1,198</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; padding-left: 18pt; font-style: italic; text-align: left"><FONT STYLE="font-size: 10pt">Net change in receivables
    and securities not held for operating purposes</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; background-color: rgb(242,242,242); font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">507</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">(31)</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; background-color: rgb(242,242,242); font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">970</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">(153)</FONT></TD></TR>
<TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: Black 2.5pt double; color: #C00000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">(109)</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; padding-left: 18pt; color: #C00000; font-weight: bold; text-align: left"><FONT STYLE="font-size: 10pt">Net cash
    used in investing activities</FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double; background-color: rgb(242,242,242); color: #C00000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">(815)</FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double; color: #C00000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">(4,786)</FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double; background-color: rgb(242,242,242); color: #C00000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">(3,556)</FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double; color: #C00000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">(9,116)</FONT></TD></TR>
</TABLE>
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<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 13pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B></B></P>

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<P STYLE="font: 13pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>GROUP CASH FLOW STATEMENT (continued)</B></P>

<P STYLE="font: 13pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font: 12pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">IIQ&nbsp;</FONT></TD>
    <TD STYLE="padding-left: 18pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center"><FONT STYLE="font-size: 10pt">IIIQ&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center"><FONT STYLE="font-size: 10pt">Nine months&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="border-bottom: black 1pt solid; font-weight: bold; vertical-align: middle; text-align: right; width: 6%"><FONT STYLE="font-size: 10pt">2020</FONT></TD>
    <TD STYLE="padding-left: 18pt; border-bottom: Black 1pt solid; font-size: 8pt; vertical-align: bottom; text-align: center; width: 62%"><FONT STYLE="font-size: 8pt">(&euro;
    million)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; background-color: rgb(242,242,242); font-weight: bold; vertical-align: middle; text-align: right; width: 8%"><FONT STYLE="font-size: 10pt">2020</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; font-weight: bold; vertical-align: middle; text-align: right; width: 8%"><FONT STYLE="font-size: 10pt">2019</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; background-color: rgb(242,242,242); font-weight: bold; vertical-align: middle; text-align: right; width: 8%"><FONT STYLE="font-size: 10pt">2020</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; font-weight: bold; vertical-align: middle; text-align: right; width: 8%"><FONT STYLE="font-size: 10pt">2019</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">3,293</FONT></TD>
    <TD STYLE="padding-left: 18pt; text-align: left"><FONT STYLE="font-size: 10pt">Increase in long-term debt&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">840</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">22</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">5,132</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">1,043</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(1,081)</FONT></TD>
    <TD STYLE="padding-left: 18pt; text-align: left"><FONT STYLE="font-size: 10pt">Repayments of long-term debt</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">(505)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(1,560)</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">(2,621)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(3,296)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(213)</FONT></TD>
    <TD STYLE="padding-left: 18pt; text-align: left"><FONT STYLE="font-size: 10pt">Repayment of lease liabilities</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">(214)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(255)</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">(676)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(652)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">1,147</FONT></TD>
    <TD STYLE="padding-left: 18pt; text-align: left"><FONT STYLE="font-size: 10pt">Increase (decrease) in short-term financial
    debt</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">37</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">106</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">768</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">158</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">3,146</FONT></TD>
    <TD STYLE="padding-left: 18pt; font-weight: bold; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">158</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">(1,687)</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">2,603</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">(2,747)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-left: 18pt; text-align: left"><FONT STYLE="font-size: 10pt">Net capital reimbursement to non-controlling
    interest</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(1)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(1,534)</FONT></TD>
    <TD STYLE="padding-left: 18pt; text-align: left"><FONT STYLE="font-size: 10pt">Dividends paid to Eni's shareholders</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">(423)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(1,543)</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">(1,957)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(3,018)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(3)</FONT></TD>
    <TD STYLE="padding-left: 18pt; text-align: left"><FONT STYLE="font-size: 10pt">Dividends paid to non-controlling interests</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">(3)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(3)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-left: 18pt; text-align: left"><FONT STYLE="font-size: 10pt">Net purchase of treasury shares</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(176)</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(222)</FONT></TD></TR>
<TR STYLE="vertical-align: middle">
    <TD STYLE="color: #C00000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">1,609</FONT></TD>
    <TD STYLE="padding-left: 18pt; color: #C00000; font-weight: bold; text-align: left"><FONT STYLE="font-size: 10pt">Net cash
    used in financing activities</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); color: #C00000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">(265)</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">(3,406)</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); color: #C00000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">643</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">(5,991)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">1</FONT></TD>
    <TD STYLE="padding-left: 18pt; text-align: left"><FONT STYLE="font-size: 10pt">Effect of change in consolidation (inclusion/exclusion
    of significant/insignificant subsidiaries)</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(6)</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">1</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(7)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(18)</FONT></TD>
    <TD STYLE="padding-left: 18pt; text-align: left"><FONT STYLE="font-size: 10pt">Effect of exchange rate changes on cash and
    cash equivalents and other changes</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">(24)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">22</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">(37)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">25</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="color: #C00000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">2,886</FONT></TD>
    <TD STYLE="padding-left: 18pt; color: #C00000; font-weight: bold; text-align: left"><FONT STYLE="font-size: 10pt">Net increase
    (decrease) in cash and cash equivalent</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); color: #C00000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">352</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">(6,121)</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); color: #C00000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">885</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">(6,422)</FONT></TD></TR>
<TR>
    <TD STYLE="color: #C00000; font-weight: bold; vertical-align: middle; text-align: right"><FONT STYLE="font-size: 10pt">3,641</FONT></TD>
    <TD STYLE="padding-left: 18pt; color: #C00000; font-weight: bold; vertical-align: bottom; text-align: left"><FONT STYLE="font-size: 10pt">Cash
    and cash equivalents - beginning of the period&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); color: #C00000; font-weight: bold; vertical-align: middle; text-align: right"><FONT STYLE="font-size: 10pt">6,527</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; vertical-align: middle; text-align: right"><FONT STYLE="font-size: 10pt">10,554</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); color: #C00000; font-weight: bold; vertical-align: middle; text-align: right"><FONT STYLE="font-size: 10pt">5,994</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; vertical-align: middle; text-align: right"><FONT STYLE="font-size: 10pt">10,855</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: Black 2pt double; color: #C00000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">6,527</FONT></TD>
    <TD STYLE="border-bottom: Black 2pt double; padding-bottom: 2.5pt; padding-left: 18pt; color: #C00000; font-weight: bold; text-align: left"><FONT STYLE="font-size: 10pt">Cash and
    cash equivalents - end of the period&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 2pt double; background-color: rgb(242,242,242); color: #C00000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">6,879</FONT></TD>
    <TD STYLE="border-bottom: Black 2pt double; color: #C00000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">4,433</FONT></TD>
    <TD STYLE="border-bottom: Black 2pt double; background-color: rgb(242,242,242); color: #C00000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">6,879</FONT></TD>
    <TD STYLE="border-bottom: Black 2pt double; color: #C00000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">4,433</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 13pt"><B></B></FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 13pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

<P STYLE="font: 13pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><B>SUPPLEMENTAL INFORMATION</B></P>

<P STYLE="font: 13pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font: 12pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">IIQ&nbsp;</FONT></TD>
    <TD STYLE="padding-left: 18pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center"><FONT STYLE="font-size: 10pt">IIIQ&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center"><FONT STYLE="font-size: 10pt">Nine months&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="border-bottom: black 1pt solid; font-weight: bold; vertical-align: middle; text-align: right; width: 6%"><FONT STYLE="font-size: 10pt">2020</FONT></TD>
    <TD STYLE="padding-left: 18pt; border-bottom: Black 1pt solid; font-size: 8pt; vertical-align: bottom; text-align: center; width: 62%"><FONT STYLE="font-size: 8pt">(&euro;
    million)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; font-weight: bold; vertical-align: middle; text-align: right; width: 8%"><FONT STYLE="font-size: 10pt">2020</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; font-weight: bold; vertical-align: middle; text-align: right; width: 8%"><FONT STYLE="font-size: 10pt">2019</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; font-weight: bold; vertical-align: middle; text-align: right; width: 8%"><FONT STYLE="font-size: 10pt">2020</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; font-weight: bold; vertical-align: middle; text-align: right; width: 8%"><FONT STYLE="font-size: 10pt">2019</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-left: 18pt; font-weight: bold; text-align: left"><FONT STYLE="font-size: 10pt">Investment of consolidated
    subsidiaries and businesses</FONT></TD>
    <TD STYLE="font-weight: bold; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">1</FONT></TD>
    <TD STYLE="padding-left: 18pt; text-align: left"><FONT STYLE="font-size: 10pt">Current assets</FONT></TD>
    <TD STYLE="text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">15</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">11</FONT></TD>
    <TD STYLE="padding-left: 18pt; text-align: left"><FONT STYLE="font-size: 10pt">Non-current assets&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">182</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(1)</FONT></TD>
    <TD STYLE="padding-left: 18pt; text-align: left"><FONT STYLE="font-size: 10pt">Cash and cash equivalents (net borrowings)</FONT></TD>
    <TD STYLE="text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">(64)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(2)</FONT></TD>
    <TD STYLE="padding-left: 18pt; text-align: left"><FONT STYLE="font-size: 10pt">Current and non-current liabilities</FONT></TD>
    <TD STYLE="text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">(11)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="color: #C00000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">9</FONT></TD>
    <TD STYLE="padding-left: 18pt; color: #C00000; font-weight: bold; text-align: left"><FONT STYLE="font-size: 10pt">Net effect
    of investments</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">122</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">1</FONT></TD>
    <TD STYLE="padding-left: 18pt; text-align: left"><FONT STYLE="font-size: 10pt">Non-controlling interest</FONT></TD>
    <TD STYLE="text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">(10)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="color: #C00000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">10</FONT></TD>
    <TD STYLE="padding-left: 18pt; color: #C00000; font-weight: bold; text-align: left"><FONT STYLE="font-size: 10pt">Purchase
    price</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">112</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-left: 18pt; font-style: italic; text-align: left"><FONT STYLE="font-size: 10pt">less:</FONT></TD>
    <TD STYLE="text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-left: 18pt; text-align: left"><FONT STYLE="font-size: 10pt">Cash and cash equivalents</FONT></TD>
    <TD STYLE="text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">(3)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="color: #C00000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">10</FONT></TD>
    <TD STYLE="padding-left: 18pt; color: #C00000; font-weight: bold; text-align: left"><FONT STYLE="font-size: 10pt">Investment
    of consolidated subsidiaries and businesses net of cash and cash equivalent acquired</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">109</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-left: 18pt; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: middle">
    <TD STYLE="color: #C00000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-left: 18pt; font-weight: bold; text-align: left"><FONT STYLE="font-size: 10pt">Disposal of consolidated
    subsidiaries and businesses</FONT></TD>
    <TD STYLE="text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-left: 18pt; text-align: left"><FONT STYLE="font-size: 10pt">Current assets</FONT></TD>
    <TD STYLE="text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">77</FONT></TD>
    <TD STYLE="text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">77</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-left: 18pt; text-align: left"><FONT STYLE="font-size: 10pt">Non-current assets&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">188</FONT></TD>
    <TD STYLE="text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">188</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-left: 18pt; text-align: left"><FONT STYLE="font-size: 10pt">Cash and cash equivalents (net borrowings)</FONT></TD>
    <TD STYLE="text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">11</FONT></TD>
    <TD STYLE="text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">11</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-left: 18pt; text-align: left"><FONT STYLE="font-size: 10pt">Current and non-current liabilities</FONT></TD>
    <TD STYLE="text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(57)</FONT></TD>
    <TD STYLE="text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(57)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="color: #C00000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-left: 18pt; color: #C00000; font-weight: bold; text-align: left"><FONT STYLE="font-size: 10pt">Net effect
    of disposals&nbsp;</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">219</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">219</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: middle; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-left: 18pt; vertical-align: middle; text-align: left"><FONT STYLE="font-size: 10pt">Reclassification of
    exchange rate differences included in other comprehensive income</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">(24)</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: right"><FONT STYLE="font-size: 10pt">(24)</FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-left: 18pt; vertical-align: bottom; text-align: left"><FONT STYLE="font-size: 10pt">Gain (loss) on disposal</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">16</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: right"><FONT STYLE="font-size: 10pt">16</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="color: #C00000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-left: 18pt; color: #C00000; font-weight: bold; text-align: left"><FONT STYLE="font-size: 10pt">Selling
    price</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">211</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">211</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-left: 18pt; font-style: italic; text-align: left"><FONT STYLE="font-size: 10pt">less:</FONT></TD>
    <TD STYLE="text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-left: 18pt; text-align: left"><FONT STYLE="font-size: 10pt">Cash and cash equivalents disposed of</FONT></TD>
    <TD STYLE="text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(24)</FONT></TD>
    <TD STYLE="text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(24)</FONT></TD></TR>
<TR>
    <TD STYLE="border-bottom: Black 2pt double; color: #C00000; font-weight: bold; vertical-align: middle; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 2pt double; padding-bottom: 2.5pt; padding-left: 18pt; color: #C00000; font-weight: bold; vertical-align: bottom; text-align: left"><FONT STYLE="font-size: 10pt">Disposal
    of consolidated subsidiaries and businesses net of cash and cash equivalent divested</FONT></TD>
    <TD STYLE="border-bottom: Black 2pt double; color: #C00000; font-weight: bold; vertical-align: middle; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 2pt double; color: #C00000; font-weight: bold; vertical-align: middle; text-align: right"><FONT STYLE="font-size: 10pt">187</FONT></TD>
    <TD STYLE="border-bottom: Black 2pt double; color: #C00000; font-weight: bold; vertical-align: middle; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 2pt double; color: #C00000; font-weight: bold; vertical-align: middle; text-align: right"><FONT STYLE="font-size: 10pt">187</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 16pt"></FONT></P>

<P STYLE="font: 16pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 16pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 16pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 16pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 16pt Times New Roman, Times, Serif; margin: 0pt 0">Capital expenditure</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font: 12pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">IIQ&nbsp;</FONT></TD>
    <TD STYLE="padding-left: 18pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center"><FONT STYLE="font-size: 10pt">IIIQ&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center"><FONT STYLE="font-size: 10pt">Nine months&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="border-bottom: black 1pt solid; font-weight: bold; vertical-align: middle; text-align: right; width: 6%"><FONT STYLE="font-size: 10pt">2020</FONT></TD>
    <TD STYLE="padding-left: 18pt; border-bottom: Black 1pt solid; font-size: 8pt; vertical-align: bottom; text-align: center; width: 46%"><FONT STYLE="font-size: 8pt">(&euro;
    million)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; background-color: rgb(242,242,242); font-weight: bold; vertical-align: middle; text-align: right; width: 8%"><FONT STYLE="font-size: 10pt">2020</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; font-weight: bold; vertical-align: middle; text-align: right; width: 8%"><FONT STYLE="font-size: 10pt">2019</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; vertical-align: middle; text-align: right; width: 8%"><FONT STYLE="font-size: 10pt">%
    Ch.</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; background-color: rgb(242,242,242); font-weight: bold; vertical-align: middle; text-align: right; width: 8%"><FONT STYLE="font-size: 10pt">2020</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; font-weight: bold; vertical-align: middle; text-align: right; width: 8%"><FONT STYLE="font-size: 10pt">2019</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; vertical-align: middle; text-align: right; width: 8%"><FONT STYLE="font-size: 10pt">%
    Ch.</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">760</FONT></TD>
    <TD STYLE="padding-left: 18pt; text-align: left"><FONT STYLE="font-size: 10pt">Exploration &amp; Production</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">673</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">1,559</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(57)</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">2,691</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">5,221</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(48)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-style: italic; text-align: right; background-color: white"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-left: 18pt; font-style: italic; text-align: left"><FONT STYLE="font-size: 10pt">- acquisition of proved
    and unproved properties</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">51</FONT></TD>
    <TD STYLE="font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">24</FONT></TD>
    <TD STYLE="font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">..</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">51</FONT></TD>
    <TD STYLE="font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">396</FONT></TD>
    <TD STYLE="font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">(87)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-style: italic; text-align: right; background-color: white"><FONT STYLE="font-size: 10pt">76</FONT></TD>
    <TD STYLE="padding-left: 18pt; font-style: italic; text-align: left"><FONT STYLE="font-size: 10pt">- exploration</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">27</FONT></TD>
    <TD STYLE="font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">86</FONT></TD>
    <TD STYLE="font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">(69)</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">274</FONT></TD>
    <TD STYLE="font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">399</FONT></TD>
    <TD STYLE="font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">(31)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-style: italic; text-align: right; background-color: white"><FONT STYLE="font-size: 10pt">670</FONT></TD>
    <TD STYLE="padding-left: 18pt; font-style: italic; text-align: left"><FONT STYLE="font-size: 10pt">- development</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">583</FONT></TD>
    <TD STYLE="font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">1,431</FONT></TD>
    <TD STYLE="font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">(59)</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">2,323</FONT></TD>
    <TD STYLE="font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">4,388</FONT></TD>
    <TD STYLE="font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">(47)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-style: italic; text-align: right; background-color: white"><FONT STYLE="font-size: 10pt">14</FONT></TD>
    <TD STYLE="padding-left: 18pt; font-style: italic; text-align: left"><FONT STYLE="font-size: 10pt">- other expenditure</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">12</FONT></TD>
    <TD STYLE="font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">18</FONT></TD>
    <TD STYLE="font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">(33)</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">43</FONT></TD>
    <TD STYLE="font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">38</FONT></TD>
    <TD STYLE="font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">13</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">2</FONT></TD>
    <TD STYLE="padding-left: 18pt; text-align: left"><FONT STYLE="font-size: 10pt">Global Gas &amp; LNG Portfolio</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">1</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">4</FONT></TD>
    <TD STYLE="font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">(75)</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">8</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">8</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">142</FONT></TD>
    <TD STYLE="padding-left: 18pt; text-align: left"><FONT STYLE="font-size: 10pt">Refining &amp; Marketing and Chemicals</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">138</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">231</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(40)</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">515</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">648</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(21)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">105</FONT></TD>
    <TD STYLE="padding-left: 18pt; font-style: italic; text-align: left"><FONT STYLE="font-size: 10pt">- Refining &amp; Marketing</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">100</FONT></TD>
    <TD STYLE="font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">208</FONT></TD>
    <TD STYLE="font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">(52)</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">374</FONT></TD>
    <TD STYLE="font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">587</FONT></TD>
    <TD STYLE="font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">(36)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">37</FONT></TD>
    <TD STYLE="padding-left: 18pt; font-style: italic; text-align: left"><FONT STYLE="font-size: 10pt">- Chemicals</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">38</FONT></TD>
    <TD STYLE="font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">23</FONT></TD>
    <TD STYLE="font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">65</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">141</FONT></TD>
    <TD STYLE="font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">61</FONT></TD>
    <TD STYLE="font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">..</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">70</FONT></TD>
    <TD STYLE="padding-left: 18pt; text-align: left"><FONT STYLE="font-size: 10pt">EGL, Power, Renewables</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">63</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">88</FONT></TD>
    <TD STYLE="font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">(28)</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">204</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">221</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(8)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">34</FONT></TD>
    <TD STYLE="padding-left: 18pt; font-style: italic; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;- EGL</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">41</FONT></TD>
    <TD STYLE="font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">38</FONT></TD>
    <TD STYLE="font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">8</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">121</FONT></TD>
    <TD STYLE="font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">118</FONT></TD>
    <TD STYLE="font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">3</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">16</FONT></TD>
    <TD STYLE="padding-left: 18pt; font-style: italic; text-align: left"><FONT STYLE="font-size: 10pt">- Power</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">12</FONT></TD>
    <TD STYLE="font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">8</FONT></TD>
    <TD STYLE="font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">50</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">34</FONT></TD>
    <TD STYLE="font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">23</FONT></TD>
    <TD STYLE="font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">48</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">20</FONT></TD>
    <TD STYLE="padding-left: 18pt; font-style: italic; text-align: left"><FONT STYLE="font-size: 10pt">- Renewables</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">10</FONT></TD>
    <TD STYLE="font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">42</FONT></TD>
    <TD STYLE="font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">(76)</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">49</FONT></TD>
    <TD STYLE="font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">80</FONT></TD>
    <TD STYLE="font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">(39)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">9</FONT></TD>
    <TD STYLE="padding-left: 18pt; text-align: left"><FONT STYLE="font-size: 10pt">Corporate and other activities</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">17</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">21</FONT></TD>
    <TD STYLE="font-style: italic; text-align: right"><FONT STYLE="font-size: 10pt">(19)</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">49</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">47</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">4</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-size: 10pt">(5)</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; padding-left: 18pt; text-align: left"><FONT STYLE="font-size: 10pt">Impact of unrealized intragroup profit elimination</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">(3)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-size: 10pt">(4)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">(10)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-size: 10pt">(10)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: Black 2pt double; color: #C00000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">978</FONT></TD>
    <TD STYLE="padding-left: 18pt; color: #C00000; font-weight: bold; text-align: left"><FONT STYLE="font-size: 10pt">Capital
    expenditure</FONT></TD>
    <TD STYLE="border-bottom: Black 2pt double; background-color: rgb(242,242,242); color: #C00000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">889</FONT></TD>
    <TD STYLE="border-bottom: Black 2pt double; color: #C00000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">1,899</FONT></TD>
    <TD STYLE="border-bottom: Black 2pt double; color: #C00000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">(53)</FONT></TD>
    <TD STYLE="border-bottom: Black 2pt double; background-color: rgb(242,242,242); color: #C00000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">3,457</FONT></TD>
    <TD STYLE="border-bottom: Black 2pt double; color: #C00000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">6,135</FONT></TD>
    <TD STYLE="border-bottom: Black 2pt double; color: #C00000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">(44)</FONT></TD></TR>
</TABLE>
<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">In the nine
months of 2020, capital expenditure amounted to &euro;3,457 million (&euro;6,135 million in the nine months of 2019), decreasing
by 44% from the same period of the previous year, and mainly related to:</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">- development
activities (&euro;2,323 million) mainly in Egypt, Indonesia, the United Arab Emirates, Iraq, Italy, Mexico, Mozambique, the United
States and Kazakhstan;</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">- refining
activity in Italy and outside Italy (&euro;319 million) mainly relating to the reconstruction of the EST conversion plant at the
Sannazzaro refinery, the finalization of the I and II generation biomass treatment plant at the Gela biorefinery, logistic and
storage services, activities to maintain plants&rsquo; integrity, as well as HSE initiatives; marketing activity (&euro;55 million)
for regulation compliance and stay-in-business initiatives in the retail network in Italy and in the rest of Europe;</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">- initiatives
relating to gas and power marketing in the retail business (&euro;121 million).</FONT></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 19pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Exploration &amp; Production</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-size: 10pt">PRODUCTION
OF OIL AND NATURAL GAS BY REGION</FONT></P>

<P STYLE="font: bold 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font: 12pt Times New Roman, Times, Serif">
<TR>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">IIQ&nbsp;</FONT></TD>
    <TD STYLE="padding-left: 18pt; vertical-align: middle"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; vertical-align: bottom; text-align: center"><FONT STYLE="font-size: 10pt">IIIQ&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; vertical-align: bottom; text-align: center"><FONT STYLE="font-size: 10pt">Nine months&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="border-bottom: black 1pt solid; font-weight: bold; vertical-align: middle; text-align: right; width: 6%"><FONT STYLE="font-size: 10pt">2020</FONT></TD>
    <TD STYLE="padding-left: 18pt; border-bottom: Black 1pt solid; font-weight: bold; vertical-align: bottom; text-align: left; width: 54%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; text-align: right; width: 8%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; background-color: rgb(242,242,242); font-weight: bold; vertical-align: middle; text-align: right; width: 8%"><FONT STYLE="font-size: 10pt">2020</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; font-weight: bold; vertical-align: middle; text-align: right; width: 8%"><FONT STYLE="font-size: 10pt">2019</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; background-color: rgb(242,242,242); font-weight: bold; vertical-align: middle; text-align: right; width: 8%"><FONT STYLE="font-size: 10pt">2020</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; font-weight: bold; vertical-align: middle; text-align: right; width: 8%"><FONT STYLE="font-size: 10pt">2019</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="color: #C00000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1,729</FONT></TD>
    <TD STYLE="font-size: 10pt; padding-left: 18pt; color: rgb(192,0,0); font-weight: bold; text-align: left"><FONT STYLE="font-size: 10pt">Production
    of oil and natural gas </FONT><FONT STYLE="font-size: 8pt"><SUP>(a)(b)(c)</SUP></FONT></TD>
    <TD STYLE="font-size: 8pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;(kboe/d)&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); color: #C00000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1,701</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1,888</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); color: #C00000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1,740</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1,854</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;106</FONT></TD>
    <TD STYLE="padding-left: 0.375in; text-align: left"><FONT STYLE="font-size: 10pt">Italy</FONT></TD>
    <TD STYLE="font-size: 8pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;105</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;120</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;108</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;124</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;243</FONT></TD>
    <TD STYLE="padding-left: 0.375in; text-align: left"><FONT STYLE="font-size: 10pt">Rest of Europe</FONT></TD>
    <TD STYLE="font-size: 8pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;224</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;146</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;241</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;154</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;258</FONT></TD>
    <TD STYLE="padding-left: 0.375in; text-align: left"><FONT STYLE="font-size: 10pt">North Africa</FONT></TD>
    <TD STYLE="font-size: 8pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;253</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;372</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;254</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;378</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;266</FONT></TD>
    <TD STYLE="padding-left: 0.375in; text-align: left"><FONT STYLE="font-size: 10pt">Egypt</FONT></TD>
    <TD STYLE="font-size: 8pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;290</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;369</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;286</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;351</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;386</FONT></TD>
    <TD STYLE="padding-left: 0.375in; text-align: left"><FONT STYLE="font-size: 10pt">Sub-Saharan Africa</FONT></TD>
    <TD STYLE="font-size: 8pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;369</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;395</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;376</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;386</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;167</FONT></TD>
    <TD STYLE="padding-left: 0.375in; text-align: left"><FONT STYLE="font-size: 10pt">Kazakhstan</FONT></TD>
    <TD STYLE="font-size: 8pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;144</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;169</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;162</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;146</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;173</FONT></TD>
    <TD STYLE="padding-left: 0.375in; text-align: left"><FONT STYLE="font-size: 10pt">Rest of Asia</FONT></TD>
    <TD STYLE="font-size: 8pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;172</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;183</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;179</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;181</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;114</FONT></TD>
    <TD STYLE="padding-left: 0.375in; text-align: left"><FONT STYLE="font-size: 10pt">Americas</FONT></TD>
    <TD STYLE="font-size: 8pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;127</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;106</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;117</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;106</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16</FONT></TD>
    <TD STYLE="padding-left: 0.375in; text-align: left"><FONT STYLE="font-size: 10pt">Australia and Oceania</FONT></TD>
    <TD STYLE="font-size: 8pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28</FONT></TD></TR>
<TR>
    <TD STYLE="border-bottom: Black 2pt double; color: #C00000; font-weight: bold; vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;144</FONT></TD>
    <TD STYLE="font-size: 10pt; padding-left: 18pt; color: rgb(192,0,0); font-weight: bold; vertical-align: middle; text-align: left"><FONT STYLE="font-size: 10pt">Production
    sold </FONT><FONT STYLE="font-size: 8pt"><SUP>(a)(c)</SUP>&nbsp;</FONT><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="font-size: 8pt; vertical-align: middle; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;(mmboe)&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 2pt double; background-color: rgb(242,242,242); color: #C00000; font-weight: bold; vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">143</FONT></TD>
    <TD STYLE="border-bottom: Black 2pt double; color: #C00000; font-weight: bold; vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">162</FONT></TD>
    <TD STYLE="border-bottom: Black 2pt double; background-color: rgb(242,242,242); color: #C00000; font-weight: bold; vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">431</FONT></TD>
    <TD STYLE="border-bottom: Black 2pt double; color: #C00000; font-weight: bold; vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">464</FONT></TD></TR>
</TABLE>

<P STYLE="text-align: left; margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font-size: 10pt; text-align: left; margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 10pt"><B>PRODUCTION OF LIQUIDS
BY REGION</B></FONT></P>

<P STYLE="font-size: 10pt; text-align: left; margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font: 12pt Times New Roman, Times, Serif">
<TR>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">IIQ&nbsp;</FONT></TD>
    <TD STYLE="padding-left: 18pt; vertical-align: middle"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; vertical-align: bottom; text-align: center"><FONT STYLE="font-size: 10pt">IIIQ&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; vertical-align: bottom; text-align: center"><FONT STYLE="font-size: 10pt">Nine months&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="border-bottom: black 1pt solid; font-weight: bold; vertical-align: middle; text-align: right; width: 6%"><FONT STYLE="font-size: 10pt">2020</FONT></TD>
    <TD STYLE="padding-left: 18pt; border-bottom: Black 1pt solid; font-weight: bold; vertical-align: bottom; text-align: left; width: 54%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; text-align: right; width: 8%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; background-color: rgb(242,242,242); font-weight: bold; vertical-align: middle; text-align: right; width: 8%"><FONT STYLE="font-size: 10pt">2020</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; font-weight: bold; vertical-align: middle; text-align: right; width: 8%"><FONT STYLE="font-size: 10pt">2019</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; background-color: rgb(242,242,242); font-weight: bold; vertical-align: middle; text-align: right; width: 8%"><FONT STYLE="font-size: 10pt">2020</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; font-weight: bold; vertical-align: middle; text-align: right; width: 8%"><FONT STYLE="font-size: 10pt">2019</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="color: #C00000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;853</FONT></TD>
    <TD STYLE="padding-left: 18pt; color: #C00000; font-weight: bold; text-align: left"><FONT STYLE="font-size: 10pt">Production
    of liquids&nbsp;</FONT></TD>
    <TD STYLE="font-size: 8pt; text-align: right"><FONT STYLE="font-size: 10pt">(kbbl/d)</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); color: #C00000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;817</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;893</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); color: #C00000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;854</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;882</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45</FONT></TD>
    <TD STYLE="padding-left: 0.375in; text-align: left"><FONT STYLE="font-size: 10pt">Italy</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;139</FONT></TD>
    <TD STYLE="padding-left: 0.375in; text-align: left"><FONT STYLE="font-size: 10pt">Rest of Europe</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;133</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;141</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;118</FONT></TD>
    <TD STYLE="padding-left: 0.375in; text-align: left"><FONT STYLE="font-size: 10pt">North Africa</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;107</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;160</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;114</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;167</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58</FONT></TD>
    <TD STYLE="padding-left: 0.375in; text-align: left"><FONT STYLE="font-size: 10pt">Egypt</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;231</FONT></TD>
    <TD STYLE="padding-left: 0.375in; text-align: left"><FONT STYLE="font-size: 10pt">Sub-Saharan Africa</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;217</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;252</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;227</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;257</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;113</FONT></TD>
    <TD STYLE="padding-left: 0.375in; text-align: left"><FONT STYLE="font-size: 10pt">Kazakhstan</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;101</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;118</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;110</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;96</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88</FONT></TD>
    <TD STYLE="padding-left: 0.375in; text-align: left"><FONT STYLE="font-size: 10pt">Rest of Asia</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61</FONT></TD>
    <TD STYLE="padding-left: 0.375in; text-align: left"><FONT STYLE="font-size: 10pt">Americas</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;56</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: Black 2pt double; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-left: 0.375in; text-align: left"><FONT STYLE="font-size: 10pt">Australia and Oceania</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 2pt double; background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 2pt double; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2</FONT></TD>
    <TD STYLE="border-bottom: Black 2pt double; background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 2pt double; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2</FONT></TD></TR>
</TABLE>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="font: bold 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-size: 10pt">PRODUCTION
OF NATURAL GAS BY REGION</FONT></P>

<P STYLE="font: bold 12pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font: 12pt Times New Roman, Times, Serif">
<TR>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 10pt">IIQ&nbsp;</FONT></TD>
    <TD STYLE="padding-left: 18pt; vertical-align: middle"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; vertical-align: bottom; text-align: center"><FONT STYLE="font-size: 10pt">IIIQ&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; vertical-align: bottom; text-align: center"><FONT STYLE="font-size: 10pt">Nine months&nbsp;</FONT></TD></TR>
<TR>
    <TD STYLE="border-bottom: black 1pt solid; font-weight: bold; vertical-align: middle; text-align: right; width: 6%"><FONT STYLE="font-size: 10pt">2020</FONT></TD>
    <TD STYLE="padding-left: 18pt; border-bottom: Black 1pt solid; font-weight: bold; vertical-align: bottom; text-align: left; width: 54%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; vertical-align: bottom; text-align: right; width: 8%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; background-color: rgb(242,242,242); font-weight: bold; vertical-align: middle; text-align: right; width: 8%"><FONT STYLE="font-size: 10pt">2020</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; font-weight: bold; vertical-align: middle; text-align: right; width: 8%"><FONT STYLE="font-size: 10pt">2019</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; background-color: rgb(242,242,242); font-weight: bold; vertical-align: middle; text-align: right; width: 8%"><FONT STYLE="font-size: 10pt">2020</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; font-weight: bold; vertical-align: middle; text-align: right; width: 8%"><FONT STYLE="font-size: 10pt">2019</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="color: #C00000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4,653</FONT></TD>
    <TD STYLE="padding-left: 18pt; color: #C00000; font-weight: bold; text-align: left"><FONT STYLE="font-size: 10pt">Production
    of natural gas</FONT></TD>
    <TD STYLE="font-size: 8pt; text-align: right"><FONT STYLE="font-size: 10pt">(mmcf/d)</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); color: #C00000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4,694</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5,379</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); color: #C00000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4,705</FONT></TD>
    <TD STYLE="color: #C00000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5,256</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;324</FONT></TD>
    <TD STYLE="padding-left: 0.375in; text-align: left"><FONT STYLE="font-size: 10pt">Italy</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;310</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;364</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;323</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;384</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;550</FONT></TD>
    <TD STYLE="padding-left: 0.375in; text-align: left"><FONT STYLE="font-size: 10pt">Rest of Europe</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;481</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;326</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;532</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;339</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;742</FONT></TD>
    <TD STYLE="padding-left: 0.375in; text-align: left"><FONT STYLE="font-size: 10pt">North Africa</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;772</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1,144</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;746</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1,144</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1,102</FONT></TD>
    <TD STYLE="padding-left: 0.375in; text-align: left"><FONT STYLE="font-size: 10pt">Egypt</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1,201</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1,581</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1,174</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1,498</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;822</FONT></TD>
    <TD STYLE="padding-left: 0.375in; text-align: left"><FONT STYLE="font-size: 10pt">Sub-Saharan Africa&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;808</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;776</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;790</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;699</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;291</FONT></TD>
    <TD STYLE="padding-left: 0.375in; text-align: left"><FONT STYLE="font-size: 10pt">Kazakhstan</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;232</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;277</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;275</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;267</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;451</FONT></TD>
    <TD STYLE="padding-left: 0.375in; text-align: left"><FONT STYLE="font-size: 10pt">Rest of Asia</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;432</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;506</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;470</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;523</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;285</FONT></TD>
    <TD STYLE="padding-left: 0.375in; text-align: left"><FONT STYLE="font-size: 10pt">Americas</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;367</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;268</FONT></TD>
    <TD STYLE="background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;305</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;264</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: Black 2pt double; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86</FONT></TD>
    <TD STYLE="padding-left: 0.375in; text-align: left"><FONT STYLE="font-size: 10pt">Australia and Oceania</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 2pt double; background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91</FONT></TD>
    <TD STYLE="border-bottom: Black 2pt double; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;137</FONT></TD>
    <TD STYLE="border-bottom: Black 2pt double; background-color: rgb(242,242,242); text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90</FONT></TD>
    <TD STYLE="border-bottom: Black 2pt double; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;138</FONT></TD></TR>
</TABLE>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="text-align: justify; font: 8pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-size: 8pt">(a) Includes Eni&rsquo;s share of production of equity-accounted entities.</FONT> <FONT STYLE="font-size: 8pt">&nbsp;</FONT> <FONT STYLE="font-size: 8pt">&nbsp;</FONT></P>

<P STYLE="text-align: justify; font: 8pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-size: 8pt">(b) Includes volumes of hydrocarbons consumed in operation (130 and 136 kboe/d in the third quarter of 2020 and 2019, respectively, 123 and 126 kboe/d in the nine months of 2020 and 2019, respectively, and&nbsp;&nbsp;116 kboe/d in the second quarter of 2020).</FONT></P>

<P STYLE="text-align: justify; font: 8pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-size: 8pt">(c) For further information see page 21.</FONT></P>



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end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
