<SEC-DOCUMENT>0001104659-24-051048.txt : 20240424
<SEC-HEADER>0001104659-24-051048.hdr.sgml : 20240424
<ACCEPTANCE-DATETIME>20240424113838
ACCESSION NUMBER:		0001104659-24-051048
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20240424
FILED AS OF DATE:		20240424
DATE AS OF CHANGE:		20240424

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ENI SPA
		CENTRAL INDEX KEY:			0001002242
		STANDARD INDUSTRIAL CLASSIFICATION:	CRUDE PETROLEUM & NATURAL GAS [1311]
		ORGANIZATION NAME:           	01 Energy & Transportation
		IRS NUMBER:				000000000
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-14090
		FILM NUMBER:		24867934

	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>tm2412553d1_6k.htm
<DESCRIPTION>FORM 6-K
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="margin: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<!-- Field: Rule-Page --><DIV STYLE="width: 100%"><DIV STYLE="border-top: Black 2pt solid; border-bottom: Black 1pt solid; font-size: 1pt">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

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

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



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

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

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

<!-- Field: Rule-Page --><DIV STYLE="margin-left: auto; margin-right: auto; width: 25%"><DIV STYLE="border-top: Black 1pt solid; font-size: 1pt">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt 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; text-align: center"><FONT STYLE="font-size: 10pt"><B>Form&nbsp;6-K</B></FONT></P>

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

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

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

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

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

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

<P STYLE="font: 13pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt">For the month of
April&nbsp;2024</FONT></P>

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

<P STYLE="font: 13pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 14pt"><B>Eni S.p.A.</B></FONT></P>

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

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

<P STYLE="font: 10pt 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; text-align: center"><FONT STYLE="font-size: 10pt"><B>Piazzale Enrico
Mattei 1 -- 00144 Rome,&nbsp;Italy</B></FONT></P>

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

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

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

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

<!-- Field: Rule-Page --><DIV STYLE="margin-left: auto; margin-right: auto; width: 25%"><DIV STYLE="border-top: Black 1pt solid; font-size: 1pt">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

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

<P STYLE="font: 10pt 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-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-size: 10pt">(Indicate by check
mark whether the registrant files or will file annual reports under cover of Form&nbsp;20-F or Form&nbsp;40-F.)</FONT></P>

<P STYLE="font: 10pt 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; text-align: center"><FONT STYLE="font-size: 10pt">Form&nbsp;20-F <FONT STYLE="font-family: Wingdings">&#120;
</FONT>Form&nbsp;40-F <FONT STYLE="font-family: Wingdings">&#168;</FONT></FONT> </P>

<P STYLE="font: 10pt 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; text-align: center"></P>

<!-- Field: Rule-Page --><DIV STYLE="margin-left: auto; margin-right: auto; width: 25%"><DIV STYLE="border-top: Black 1pt solid; font-size: 1pt">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

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

<P STYLE="font: 10pt 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; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-size: 10pt">(Indicate
by check mark whether the registrant by furnishing the information contained in this Form&nbsp;is also thereby furnishing the information
to the Commission pursuant to Rule&nbsp;12g3-2b under the Securities Exchange Act of 1934.)</FONT></P>

<P STYLE="font: 10pt 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-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-size: 10pt">Yes <FONT STYLE="font-family: Wingdings">&#168;
</FONT>No <FONT STYLE="font-family: Wingdings">&#120;</FONT></FONT></P>

<P STYLE="font: 10pt 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; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-size: 10pt">(If
 &quot;Yes&quot; is marked, indicate below the file number assigned to the registrant in connection with Rule&nbsp;12g3-2(b): <U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</U>)</FONT></P>

<P STYLE="font: 13pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-indent: 0.25in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

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

<!-- Field: Rule-Page --><DIV STYLE="width: 100%"><DIV STYLE="border-top: Black 1pt solid; border-bottom: Black 2pt solid; font-size: 1pt">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

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

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

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

<!-- Field: Page; Sequence: 1 -->
    <DIV STYLE="border-bottom: Black 1pt solid; margin-top: 12pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt 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; text-align: center"><FONT STYLE="font-size: 10pt; text-transform: uppercase"><B>Table
of contents</B></FONT></P>

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

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 13pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; width: 100%"><TR STYLE="vertical-align: top; text-align: justify">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.25in; text-align: left"><FONT STYLE="font-family: Symbol; font-size: 10pt"><B>&middot;</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-size: 10pt"><B><A HREF="#a_001">Eni: first
quarter 2024 results</A></B></FONT></TD>
</TR></TABLE>

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

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

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

<!-- Field: Page; Sequence: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

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

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

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

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



<P STYLE="font: 10pt 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; 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: 10pt 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; text-indent: 4in"><FONT STYLE="font-size: 10pt"></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>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: center; font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Eni S.p.A.</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; font-size: 10pt">/s/ Paola Mariani</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; width: 5%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name: </FONT></TD>
    <TD STYLE="font-size: 10pt; width: 45%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Paola Mariani</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title: </FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Head of Corporate <FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Secretary&rsquo;s Staff Office</FONT></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 13pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 4.5in; text-align: justify; text-indent: -1.5in"><FONT STYLE="font-size: 10pt"></FONT></P>

<P STYLE="font: 10pt 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: April&nbsp;24, 2024</FONT></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"></P>

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

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

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

<P STYLE="margin-top: 0; margin-bottom: 0"></P>

<!-- Field: Page; Sequence: 3 -->
    <DIV STYLE="border-bottom: Black 1pt solid; margin-top: 12pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="margin-top: 0; margin-bottom: 0"><A NAME="a_001"></A>&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-family: Arial, Helvetica, Sans-Serif">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 50%; font-size: 11pt">&nbsp;<IMG SRC="tm2412553d1_6kimgsp1.jpg" ALT=""></TD>
    <TD STYLE="text-align: right; width: 50%; font-size: 11pt; vertical-align: bottom"><FONT STYLE="font-size: 12pt">PRICE SENSITIVE</FONT></TD></TR>
  </TABLE>

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

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

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: Red"></P>

<P STYLE="font: 15.5pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center; color: #0c6c90"><B>Eni: first quarter 2024 results</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%">
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD COLSPAN="1" STYLE="padding-top: 4pt; font: bold 14pt Arial, Helvetica, Sans-Serif; background-color: rgb(11,107,144); padding-bottom: 4pt; padding-left: 8pt"><FONT STYLE="color: White">Key
    operating and financial results</FONT></TD></TR>
  </TABLE>


<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 5pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font: 12pt Arial, Helvetica, Sans-Serif">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 0.05in; border-top: Black 1pt dotted; border-right: Black 1pt dotted; border-left: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Q4&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; font-weight: bold"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; font-weight: bold; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="border-right: Black 1pt dotted; border-top: Black 1pt dotted; border-left: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; font-weight: bold; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Q1&nbsp;</FONT></TD></TR>
  <TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: middle">
    <TD STYLE="padding-right: 0.05in; border-left: Black 1pt dotted; border-right: Black 1pt dotted; border-bottom: Black 1pt solid; font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">2023</FONT></TD>
    <TD COLSPAN="2" STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; border-bottom: Black 1pt solid; font-weight: bold"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; border-bottom: Black 1pt solid; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">2024</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">2023</FONT></TD>
    <TD STYLE="padding-right: 0.04in; border-right: Black 1pt dotted; border-bottom: Black 1pt solid; font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">%
    Ch.</FONT></TD></TR>
  <TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: middle">
    <TD STYLE="padding-right: 0.05in; border-left: Black 1pt dotted; border-right: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; text-align: right; width: 7%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">84.05</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; padding-left: 18px; text-align: left; width: 64%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Brent
    dated</FONT></TD>
    <TD STYLE="font: 9pt Arial, Helvetica, Sans-Serif; padding-top: 2pt; text-align: center; width: 9%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 7pt">$/bbl</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; text-align: right; background-color: #F2F2F2; width: 7%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">83.24</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; text-align: right; width: 7%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">81.27</FONT></TD>
    <TD STYLE="padding-right: 0.04in; border-right: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; text-align: right; width: 6%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">2</FONT></TD></TR>
  <TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: middle">
    <TD STYLE="padding-right: 0.05in; border-left: Black 1pt dotted; border-right: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">1.075</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; padding-left: 18px; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Average
    EUR/USD exchange rate</FONT></TD>
    <TD STYLE="font: 9pt Arial, Helvetica, Sans-Serif; padding-top: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">1.086</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">1.073</FONT></TD>
    <TD STYLE="padding-right: 0.04in; border-right: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">1</FONT></TD></TR>
  <TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: middle">
    <TD STYLE="padding-right: 0.05in; border-left: Black 1pt dotted; border-right: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">41</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; padding-left: 18px; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Spot
    Gas price at Italian PSV</FONT></TD>
    <TD STYLE="font: 9pt Arial, Helvetica, Sans-Serif; padding-top: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 7pt">&euro;/MWh&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">29</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">57</FONT></TD>
    <TD STYLE="padding-right: 0.04in; border-right: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">(49)</FONT></TD></TR>
  <TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: middle">
    <TD STYLE="padding-right: 0.05in; border-left: Black 1pt dotted; border-right: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">4.3</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; padding-left: 18px; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Standard
    Eni Refining Margin (SERM)</FONT></TD>
    <TD STYLE="font: 9pt Arial, Helvetica, Sans-Serif; padding-top: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 7pt">$/bbl</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">8.7</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">11.0</FONT></TD>
    <TD STYLE="padding-right: 0.04in; border-right: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">(21)</FONT></TD></TR>
  <TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: middle">
    <TD STYLE="padding-right: 0.05in; border-left: Black 1pt dotted; border-right: Black 1pt dotted; border-bottom: Black 1pt solid; font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">1,708</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; border-bottom: Black 1pt solid; padding-left: 18px; color: #0C6C90; font-weight: bold; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Hydrocarbon
    production</FONT></TD>
    <TD STYLE="font: 9pt Arial, Helvetica, Sans-Serif; padding-top: 2pt; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 7pt">kboe/d</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; border-bottom: Black 1pt solid; color: #0C6C90; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">1,741</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; border-bottom: Black 1pt solid; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">1,661</FONT></TD>
    <TD STYLE="padding-right: 0.04in; border-right: Black 1pt dotted; border-bottom: Black 1pt solid; font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">5</FONT></TD></TR>
  <TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: middle">
    <TD STYLE="padding-right: 0.05in; border-left: Black 1pt dotted; border-right: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">3,755</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; padding-left: 18px; color: rgb(12,108,144); font-weight: bold; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Proforma
    adjusted EBIT <SUP>(a)</SUP></FONT></TD>
    <TD STYLE="font: 9pt Arial, Helvetica, Sans-Serif; padding-top: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">4,116</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">5,867</FONT></TD>
    <TD STYLE="padding-right: 0.04in; border-right: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">(30)</FONT></TD></TR>
  <TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: middle">
    <TD STYLE="padding-right: 0.05in; border-left: Black 1pt dotted; border-right: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">2,769</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; padding-left: 18px; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">-
    subsidiaries</FONT></TD>
    <TD STYLE="font: 9pt Arial, Helvetica, Sans-Serif; padding-top: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">3,027</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">4,641</FONT></TD>
    <TD STYLE="padding-right: 0.04in; border-right: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">(35)</FONT></TD></TR>
  <TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: middle">
    <TD STYLE="padding-right: 0.05in; border-left: Black 1pt dotted; border-right: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">986</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; padding-left: 18px; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">-
    main JV/Associates <SUP>(b)</SUP></FONT></TD>
    <TD STYLE="font: 9pt Arial, Helvetica, Sans-Serif; padding-top: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">1,089</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">1,226</FONT></TD>
    <TD STYLE="padding-right: 0.04in; border-right: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">(11)</FONT></TD></TR>
  <TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: middle">
    <TD STYLE="padding-right: 0.05in; border-left: Black 1pt dotted; border-right: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: bold 11pt Arial, Helvetica, Sans-Serif; padding-top: 2pt; padding-left: 18px; color: #0C6C90; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Breakdown
    by segment&nbsp;</FONT></TD>
    <TD STYLE="font: 9pt Arial, Helvetica, Sans-Serif; padding-top: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 7pt">&euro;
    million</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 0.04in; border-right: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: middle">
    <TD STYLE="padding-right: 0.05in; border-left: Black 1pt dotted; border-right: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; font-style: italic; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">3,320</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; padding-left: 72px; font-style: italic; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">E&amp;P</FONT></TD>
    <TD STYLE="font: 9pt Arial, Helvetica, Sans-Serif; padding-top: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; font-style: italic; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">3,320</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; font-style: italic; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">3,831</FONT></TD>
    <TD STYLE="padding-right: 0.04in; border-right: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; font-style: italic; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">(13)</FONT></TD></TR>
  <TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: middle">
    <TD STYLE="padding-right: 0.05in; border-left: Black 1pt dotted; border-right: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; font-style: italic; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">717</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; padding-left: 72px; font-style: italic; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Global
    Gas &amp; LNG Portfolio (GGP)</FONT></TD>
    <TD STYLE="font: 9pt Arial, Helvetica, Sans-Serif; padding-top: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; font-style: italic; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">325</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; font-style: italic; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">1,420</FONT></TD>
    <TD STYLE="padding-right: 0.04in; border-right: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; font-style: italic; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">(77)</FONT></TD></TR>
  <TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: middle">
    <TD STYLE="padding-right: 0.05in; border-left: Black 1pt dotted; border-right: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; font-style: italic; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">168</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; padding-left: 72px; font-style: italic; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Enilive
    and Plenitude</FONT></TD>
    <TD STYLE="font: 9pt Arial, Helvetica, Sans-Serif; padding-top: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; font-style: italic; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">420</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; font-style: italic; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">270</FONT></TD>
    <TD STYLE="padding-right: 0.04in; border-right: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; font-style: italic; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">56</FONT></TD></TR>
  <TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: middle">
    <TD STYLE="padding-right: 0.05in; border-left: Black 1pt dotted; border-right: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; font-style: italic; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">(87)</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; padding-left: 72px; font-style: italic; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Refining,
    Chemicals and Power</FONT></TD>
    <TD STYLE="font: 9pt Arial, Helvetica, Sans-Serif; padding-top: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; font-style: italic; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">44</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; font-style: italic; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">223</FONT></TD>
    <TD STYLE="padding-right: 0.04in; border-right: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; font-style: italic; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">(80)</FONT></TD></TR>
  <TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: middle">
    <TD STYLE="padding-right: 0.05in; border-left: Black 1pt dotted; border-right: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; font-style: italic; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">(363)</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; padding-left: 72px; font-style: italic; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Corporate,
    other activities and consolidation adjustments</FONT></TD>
    <TD STYLE="font: 9pt Arial, Helvetica, Sans-Serif; padding-top: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; font-style: italic; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">7</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">123</FONT></TD>
    <TD STYLE="padding-right: 0.04in; border-right: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; font-style: italic; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">(94)</FONT></TD></TR>
  <TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: middle">
    <TD STYLE="padding-right: 0.05in; border-left: Black 1pt dotted; border-right: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">3,189</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; padding-left: 18px; color: #0C6C90; font-weight: bold; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Adjusted
    net profit before taxes<SUP>(a)</SUP></FONT></TD>
    <TD STYLE="font: bold 9pt Arial, Helvetica, Sans-Serif; padding-top: 2pt; color: #0C6C90; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">3,126</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">4,981</FONT></TD>
    <TD STYLE="padding-right: 0.04in; border-right: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">(37)</FONT></TD></TR>
  <TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: middle">
    <TD STYLE="padding-right: 0.05in; border-left: Black 1pt dotted; border-right: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">1,662</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; padding-left: 18px; color: #0C6C90; font-weight: bold; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Adjusted
    net profit (loss) <SUP>(a)(c)</SUP></FONT></TD>
    <TD STYLE="font: bold 9pt Arial, Helvetica, Sans-Serif; padding-top: 2pt; color: #0C6C90; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">1,582</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">2,907</FONT></TD>
    <TD STYLE="padding-right: 0.04in; border-right: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">(46)</FONT></TD></TR>
  <TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: middle">
    <TD STYLE="padding-right: 0.05in; border-left: Black 1pt dotted; border-right: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; font-style: italic; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">0.50</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; padding-left: 18px; font-style: italic; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;&nbsp;per
    share - diluted (&euro;)&nbsp;</FONT></TD>
    <TD STYLE="font: bold 9pt Arial, Helvetica, Sans-Serif; padding-top: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; font-style: italic; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">0.48</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; font-style: italic; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">0.86</FONT></TD>
    <TD STYLE="padding-right: 0.04in; border-right: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; font-style: italic; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: middle">
    <TD STYLE="padding-right: 0.05in; border-left: Black 1pt dotted; border-right: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">173</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; padding-left: 18px; color: #0C6C90; font-weight: bold; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Net
    profit (loss)<SUP>(c)</SUP></FONT></TD>
    <TD STYLE="font: bold 9pt Arial, Helvetica, Sans-Serif; padding-top: 2pt; color: #0C6C90; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">1,211</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">2,388</FONT></TD>
    <TD STYLE="padding-right: 0.04in; border-right: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">(49)</FONT></TD></TR>
  <TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: middle">
    <TD STYLE="padding-right: 0.05in; border-left: Black 1pt dotted; border-right: Black 1pt dotted; border-bottom: Black 1pt solid; font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; font-style: italic; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">0.05</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; border-bottom: Black 1pt solid; padding-left: 18px; font-style: italic; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;&nbsp;&nbsp;per
    share - diluted (&euro;)&nbsp;</FONT></TD>
    <TD STYLE="font: bold 9pt Arial, Helvetica, Sans-Serif; padding-top: 2pt; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; border-bottom: Black 1pt solid; font-style: italic; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">0.37</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; border-bottom: Black 1pt solid; font-style: italic; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">0.70</FONT></TD>
    <TD STYLE="padding-right: 0.04in; border-right: Black 1pt dotted; border-bottom: Black 1pt solid; font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; font-style: italic; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: middle">
    <TD STYLE="padding-right: 0.05in; border-left: Black 1pt dotted; border-right: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">3,606</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; padding-left: 18px; color: #0C6C90; font-weight: bold; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Cash
    flow from operations before changes in working capital at replacement cost <SUP>(a)</SUP></FONT></TD>
    <TD STYLE="font: bold 9pt Arial, Helvetica, Sans-Serif; padding-top: 2pt; color: #0C6C90; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">3,896</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">5,291</FONT></TD>
    <TD STYLE="padding-right: 0.04in; border-right: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">(26)</FONT></TD></TR>
  <TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: middle">
    <TD STYLE="padding-right: 0.05in; border-left: Black 1pt dotted; border-right: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">4,175</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; padding-left: 18px; color: #0C6C90; font-weight: bold; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Net
    cash from operations&nbsp;</FONT></TD>
    <TD STYLE="font: bold 9pt Arial, Helvetica, Sans-Serif; padding-top: 2pt; color: #0C6C90; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">1,904</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">2,982</FONT></TD>
    <TD STYLE="padding-right: 0.04in; border-right: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">(36)</FONT></TD></TR>
  <TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: middle">
    <TD STYLE="padding-right: 0.05in; border-left: Black 1pt dotted; border-right: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">2,433</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; padding-left: 18px; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Organic
    capital expenditure<SUP>(d)</SUP></FONT></TD>
    <TD STYLE="font: 9pt Arial, Helvetica, Sans-Serif; padding-top: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">1,990</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">2,214</FONT></TD>
    <TD STYLE="padding-right: 0.04in; border-right: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">(10)</FONT></TD></TR>
  <TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: middle">
    <TD STYLE="padding-right: 0.05in; border-left: Black 1pt dotted; border-right: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">10,899</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; padding-left: 18px; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Net
    borrowings before lease liabilities ex IFRS 16</FONT></TD>
    <TD STYLE="font: 9pt Arial, Helvetica, Sans-Serif; padding-top: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">12,882</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">7,796</FONT></TD>
    <TD STYLE="padding-right: 0.04in; border-right: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">65</FONT></TD></TR>
  <TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: middle">
    <TD STYLE="padding-right: 0.05in; border-left: Black 1pt dotted; border-right: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">53,644</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; padding-left: 18px; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Shareholders'
    equity including non-controlling interest</FONT></TD>
    <TD STYLE="font: 9pt Arial, Helvetica, Sans-Serif; padding-top: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">55,109</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">55,553</FONT></TD>
    <TD STYLE="padding-right: 0.04in; border-right: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">(1)</FONT></TD></TR>
  <TR STYLE="font-family: Arial, Helvetica, Sans-Serif; vertical-align: middle">
    <TD STYLE="padding-right: 0.05in; border-left: Black 1pt dotted; border-right: Black 1pt dotted; border-bottom: Black 2.5pt double; font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">0.20</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; border-bottom: Black 2.5pt double; padding-left: 18px; color: #0C6C90; font-weight: bold; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Leverage
    before lease liabilities ex IFRS 16</FONT></TD>
    <TD STYLE="font: bold 9pt Arial, Helvetica, Sans-Serif; padding-top: 2pt; border-bottom: Black 2.5pt double; color: #0C6C90; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-left: Black 1pt dotted; font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; border-bottom: Black 2.5pt double; color: #0C6C90; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">0.23</FONT></TD>
    <TD STYLE="font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; border-bottom: Black 2.5pt double; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">0.14</FONT></TD>
    <TD STYLE="padding-right: 0.04in; border-right: Black 1pt dotted; border-bottom: Black 2.5pt double; font-family: Arial, Helvetica, Sans-Serif; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD></TR>
  </TABLE>

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: Red"><FONT STYLE="font-size: 3pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 3pt">&nbsp;</FONT></P>

<P STYLE="margin: 0"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 7pt">(a) Non-GAAP measures. For further information
see the paragraph &quot;Non-GAAP measures&quot; on pages 20 and subsequent.</FONT></P>

<P STYLE="margin: 0"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 7pt">(b) The main JV/associates are listed in
the &quot;Reconciliation of Group proforma adjusted EBIT&quot; on page 25. </FONT></P>

<P STYLE="margin: 0"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 7pt">(c) Attributable to Eni's shareholders.</FONT></P>

<P STYLE="margin: 0"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 7pt">(d) Net of expenditures relating to business
combinations, purchase of minority interests and other non-organic items.</FONT></P>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 9pt">San Donato Milanese,
April&nbsp;24, 2024 <B>- </B>Eni's Board of Directors, chaired by Giuseppe Zafarana, yesterday approved the unaudited consolidated results
for the first quarter of 2024. Eni CEO Claudio Descalzi said:</FONT></P>

<P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; margin: 2pt 0 0pt; text-align: justify"><FONT STYLE="font-size: 9pt"><I>&ldquo;In the first
quarter 2024, we have accelerated in executing the transformation of our portfolio through different high value platforms of growth in
both the legacy and transition businesses. With the closing of the acquisition of Neptune Energy and the announced UK focused combination
with Ithaca Energy in the Upstream, we will reinforce our exposure to gas and to OECD countries, while the EIP investment into Plenitude
at an enterprise value in excess of &euro;10 bln confirms the material potential of our renewable and retail segment. Operationally,
we continue to leverage our exploration and development skills: a new giant discovery in C&ocirc;te d'Ivoire will expand our optionality
in the long term both in term of resources and potential dilution; fast tracking development has ensured the start-up of the first LNG
in Congo, just one year after the Final Investment Decision. The quarterly performance was excellent, with a strong result from E&amp;P,
supported by production up 5% versus last year, and continuing growth at Plenitude and Enilive. This drove &euro;4.1 bln of proforma
adjusted Ebit leading to &euro;1.6 bln of adjusted net profit. Operating cash flow, net of working capital adjustments, was &euro;3.9
bln, twofold our capex, thus enabling us to report a leverage of 0.23 well within our planned range despite the disbursement for the
Neptune Energy acquisition. The results put the Company firmly on track to exceed the full-year earnings and cash flow guidance as we
work to efficiently grow the upstream, profitably develop the businesses tied to the energy transition, and work to fully capture the
market scenario. Based on our updated scenario, we expect full year CFFO to be above &euro;14 bln and, in line with our distribution
commitment, we are raising the planned 2024 share buy-back by 45% to &euro;1.6 bln&rdquo;.</I></FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 4; Options: NewSection; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="color: rgb(127,127,127); text-align: center; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->1<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%">
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: bold 14pt Arial, Helvetica, Sans-Serif; padding-top: 4pt; background-color: rgb(11,107,144); padding-bottom: 4pt; padding-left: 8pt"><FONT STYLE="color: White"><B>Financial
    highlights of the first quarter 2024</B></FONT></TD></TR>
</TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 5pt">&nbsp;</FONT></P>

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">From Q1 &rsquo;24 Eni&rsquo;s results are reported
in a way that fits with the underlying performance and strategic transformation of the Company. Emphasis is now given to segmental proforma
adjusted EBIT<SUP>1</SUP> to incorporate the contribution of our main Joint Venture/Associates. Enilive and Plenitude, our key business
dedicated to the decarbonization of the retail demand, are grouped together for segmental reporting purposes also in order to highlight
their growing importance.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 3pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 9pt; color: rgb(12,108,144)">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">The trading environment of Q1
 &rsquo;24 featured a decline in natural gas prices (down almost 50% y-o-y at the main European hubs), affecting the results of our gas
value chain, while crude oil prices were almost flat with the Brent benchmark averaging 83 $/bbl. Refining margins recovered from Q4 &rsquo;23
but were still down y-o-y. Against this scenario, the Group reported excellent results with proforma adjusted EBIT of &euro;4.12 bln,
net profit of &euro;1.58 bln and adjusted cash flow before working capital changes of &euro;3.9 bln, signalling the strong underlying
performance supported by our operational execution, growth, valuable assets and financial discipline.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 3pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 9pt; color: rgb(12,108,144)">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">In Q1 &rsquo;24 E&amp;P delivered
 &euro;3.32 bln of proforma adjusted EBIT fueled by production growth of 5% y-o-y to 1.74 mln boe/d thanks to continuing project ramp-ups
and the Neptune Energy business acquisition. This growth added to the focus on efficiency yielded resilient outcome (down just by 13%
versus last year), despite the impact of lower natural gas prices realizations.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 3pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 9pt; color: rgb(12,108,144)">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Q1 &rsquo;24 GGP proforma adjusted
EBIT was &euro;0.33 bln in line with management&rsquo;s expectations anticipating lower trading opportunities due to both reduced prices
and volatility versus last year.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 3pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 9pt; color: rgb(12,108,144)">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">In Q1 &rsquo;24, the new reporting
segment Enilive and Plenitude contributed strongly to Group results with &euro;0.42 bln of proforma adjusted EBIT, up by almost 60% from
the Q1 &rsquo;23. Enilive earned &euro;0.18 bln, up by 30%, driven by higher biorefinery throughputs and positive marketing performance.
Plenitude earned &euro;0.24 bln, 80% above last year, driven by higher retail commodity margins, supported by lower scenario volatility
and the improved performance in international retail markets, as well as the ramp-up in renewable installed capacity and related production
volumes.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 3pt">&nbsp;</FONT></P>

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.25in; text-align: justify">Enilive proforma adjusted EBITDA in the
Q1 &rsquo;24 at &euro;0.25 bln, up by 27% and Plenitude proforma adjusted EBITDA at &euro;0.35 bln, up by approximately 50% were both
in line with the Company&rsquo;s guidance.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 3pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 9pt; color: rgb(12,108,144)">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">In Q1 &rsquo;24, the Refining
business performance was robust with &euro;0.2 bln of proforma adjusted EBIT thanks to good refining margins and European plant reliability.
The Chemical business managed by Versalis reported a loss of &euro;0.17 bln in Q1 &rsquo;24 driven by continuing macro headwinds and energy
cost disadvantages of European plants vs. other areas. However, a continuous focus on cost optimization ensured an improvement of around
 &euro;70 mln vs. Q4 &rsquo;23.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 3pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 9pt; color: rgb(12,108,144)">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Q1 &rsquo;24 adjusted net profit
attributable to Eni shareholders was &euro;1.58 bln, with a Group tax rate of about 49%.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 9pt"><B>Group proforma
adjusted results</B></FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="font: 8pt Arial, Helvetica, Sans-Serif; vertical-align: bottom">
    <TD STYLE="border-bottom: Black 1pt dashed; padding-top: 2pt; font: 8pt Arial, Helvetica, Sans-Serif; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 7pt">(&euro;
    million)</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif; padding-top: 2pt; border-bottom: Black 1pt dashed; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif; padding-top: 2pt; border-bottom: Black 1pt dashed; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif; padding-top: 2pt; border-bottom: Black 1pt dashed; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif; padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 7pt">&nbsp;</FONT></TD>
    <TD COLSPAN="4" STYLE="font: italic 8pt Arial, Helvetica, Sans-Serif; padding-top: 2pt; border-bottom: Black 1pt dashed; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 7pt">of
    which:</FONT></TD></TR>
  <TR STYLE="font: 8pt Arial, Helvetica, Sans-Serif; vertical-align: bottom">
    <TD STYLE="font: bold 8pt Arial, Helvetica, Sans-Serif; padding-top: 2pt; text-align: left; width: 37%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">First
    Quarter 2024</FONT></TD>
    <TD ROWSPAN="3" STYLE="border-bottom: Black 1pt solid; font: bold 8pt Arial, Helvetica, Sans-Serif; padding-top: 2pt; text-align: right; width: 7%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Group<BR>
    Consolidated<BR>
    Results</FONT></TD>
    <TD ROWSPAN="3" STYLE="border-bottom: Black 1pt solid; font: bold 8pt Arial, Helvetica, Sans-Serif; padding-top: 2pt; text-align: right; width: 9%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Main<BR>
    JV/<BR>
    associates</FONT></TD>
    <TD ROWSPAN="3" STYLE="border-bottom: Black 1pt solid; font: bold 8pt Arial, Helvetica, Sans-Serif; padding-top: 2pt; text-align: right; background-color: #F2F2F2; width: 10%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Group<BR>
    Proforma<BR>
    consolidated<BR>
    results</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif; padding-top: 2pt; text-align: right; width: 1%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD ROWSPAN="3" STYLE="border-bottom: Black 1pt solid; font: bold 8pt Arial, Helvetica, Sans-Serif; padding-top: 2pt; text-align: right; width: 9%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Exploration
    &amp;<BR>
    Production</FONT></TD>
    <TD ROWSPAN="3" STYLE="border-bottom: Black 1pt solid; font: bold 8pt Arial, Helvetica, Sans-Serif; padding-top: 2pt; text-align: right; width: 9%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Global
    Gas &amp;<BR>
    LNG Portfolio</FONT></TD>
    <TD ROWSPAN="3" STYLE="border-bottom: Black 1pt solid; font: bold 8pt Arial, Helvetica, Sans-Serif; padding-top: 2pt; text-align: right; width: 9%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Enilive
    and<BR>
    Plenitude</FONT></TD>
    <TD ROWSPAN="3" STYLE="border-bottom: Black 1pt solid; font: bold 8pt Arial, Helvetica, Sans-Serif; padding-top: 2pt; text-align: right; width: 9%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Refining,<BR>
    Chemicals<BR>
    and Power</FONT></TD></TR>
  <TR STYLE="font: 8pt Arial, Helvetica, Sans-Serif; vertical-align: bottom">
    <TD STYLE="font: bold 8pt Arial, Helvetica, Sans-Serif; padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif; padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font: 8pt Arial, Helvetica, Sans-Serif; vertical-align: bottom">
    <TD STYLE="font: bold 8pt Arial, Helvetica, Sans-Serif; padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif; padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font: 8pt Arial, Helvetica, Sans-Serif; vertical-align: bottom">
    <TD STYLE="font: bold 8pt Arial, Helvetica, Sans-Serif; padding-top: 2pt; padding-left: 9px; color: #0C6C90; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Adjusted
    operating profit (loss)</FONT></TD>
    <TD STYLE="font: bold 8pt Arial, Helvetica, Sans-Serif; padding-top: 2pt; color: #0C6C90; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">3,027</FONT></TD>
    <TD STYLE="font: bold 8pt Arial, Helvetica, Sans-Serif; padding-top: 2pt; color: #0C6C90; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">1,089</FONT></TD>
    <TD STYLE="font: bold 8pt Arial, Helvetica, Sans-Serif; padding-top: 2pt; color: #0C6C90; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">4,116</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif; padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: italic bold 8pt Arial, Helvetica, Sans-Serif; padding-top: 2pt; color: #0C6C90; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">3,320</FONT></TD>
    <TD STYLE="font: italic bold 8pt Arial, Helvetica, Sans-Serif; padding-top: 2pt; color: #0C6C90; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">325</FONT></TD>
    <TD STYLE="font: italic bold 8pt Arial, Helvetica, Sans-Serif; padding-top: 2pt; color: #0C6C90; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">420</FONT></TD>
    <TD STYLE="font: italic bold 8pt Arial, Helvetica, Sans-Serif; padding-top: 2pt; color: #0C6C90; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">44</FONT></TD></TR>
  <TR STYLE="font: 8pt Arial, Helvetica, Sans-Serif; vertical-align: bottom">
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif; padding-top: 2pt; padding-left: 9px; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Finance
    expenses and taxes</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif; padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">(1,740)</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif; padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">(778)</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif; padding-top: 2pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">(2,518)</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif; padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: italic 8pt Arial, Helvetica, Sans-Serif; padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">(2,190)</FONT></TD>
    <TD STYLE="font: italic 8pt Arial, Helvetica, Sans-Serif; padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">(121)</FONT></TD>
    <TD STYLE="font: italic 8pt Arial, Helvetica, Sans-Serif; padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">(132)</FONT></TD>
    <TD STYLE="font: italic 8pt Arial, Helvetica, Sans-Serif; padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">(11)</FONT></TD></TR>
  <TR STYLE="font: 8pt Arial, Helvetica, Sans-Serif; vertical-align: bottom">
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif; padding-top: 2pt; padding-left: 9px; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Net
    profit main JV/associates</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif; padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">311</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif; padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">311</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif; padding-top: 2pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif; padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: italic 8pt Arial, Helvetica, Sans-Serif; padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: italic 8pt Arial, Helvetica, Sans-Serif; padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: italic 8pt Arial, Helvetica, Sans-Serif; padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: italic 8pt Arial, Helvetica, Sans-Serif; padding-top: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font: 8pt Arial, Helvetica, Sans-Serif">
    <TD STYLE="font: bold 8pt Arial, Helvetica, Sans-Serif; padding-top: 2pt; padding-left: 9px; color: #0C6C90; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Adjusted
    net profit (loss)</FONT></TD>
    <TD STYLE="font: bold 8pt Arial, Helvetica, Sans-Serif; padding-top: 2pt; color: #0C6C90; vertical-align: bottom; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">1,598</FONT></TD>
    <TD STYLE="font: bold 8pt Arial, Helvetica, Sans-Serif; padding-top: 2pt; color: #0C6C90; vertical-align: bottom; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: bold 8pt Arial, Helvetica, Sans-Serif; padding-top: 2pt; color: #0C6C90; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">1,598</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif; padding-top: 2pt; vertical-align: bottom; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: italic bold 8pt Arial, Helvetica, Sans-Serif; padding-top: 2pt; color: #0C6C90; vertical-align: bottom; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">1,130</FONT></TD>
    <TD STYLE="font: italic bold 8pt Arial, Helvetica, Sans-Serif; padding-top: 2pt; color: #0C6C90; vertical-align: bottom; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">204</FONT></TD>
    <TD STYLE="font: italic bold 8pt Arial, Helvetica, Sans-Serif; padding-top: 2pt; color: #0C6C90; vertical-align: bottom; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">288</FONT></TD>
    <TD STYLE="font: italic bold 8pt Arial, Helvetica, Sans-Serif; padding-top: 2pt; color: #0C6C90; vertical-align: bottom; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">33</FONT></TD></TR>
  <TR STYLE="font: 8pt Arial, Helvetica, Sans-Serif">
    <TD STYLE="font: italic 8pt Arial, Helvetica, Sans-Serif; padding-top: 2pt; padding-left: 9px; vertical-align: bottom; text-align: left; border-top-color: Black; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">of
    which:</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif; padding-top: 2pt; vertical-align: bottom; border-top: Black 0.5pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif; padding-top: 2pt; vertical-align: bottom; border-top: Black 0.5pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: bold 8pt Arial, Helvetica, Sans-Serif; padding-top: 2pt; vertical-align: middle; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif; padding-top: 2pt; vertical-align: bottom; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif; padding-top: 2pt; vertical-align: bottom; border-top: Black 0.5pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif; padding-top: 2pt; vertical-align: bottom; border-top: Black 0.5pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif; padding-top: 2pt; vertical-align: bottom; border-top: Black 0.5pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif; padding-top: 2pt; vertical-align: bottom; border-top: Black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font: 8pt Arial, Helvetica, Sans-Serif; vertical-align: bottom">
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif; padding-top: 2pt; padding-left: 9px; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">-
    Adjusted net profit (loss) of non-controlling interest</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif; padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">16</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif; padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif; padding-top: 2pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">16</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif; padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif; padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif; padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif; padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif; padding-top: 2pt; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font: 8pt Arial, Helvetica, Sans-Serif; vertical-align: bottom">
    <TD STYLE="font: bold 8pt Arial, Helvetica, Sans-Serif; padding-top: 2pt; padding-left: 9px; color: #0C6C90; border-bottom: Black 0.5pt solid; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">-
    Adjusted net profit (loss) attributable to Eni's shareholders</FONT></TD>
    <TD STYLE="font: bold 8pt Arial, Helvetica, Sans-Serif; padding-top: 2pt; color: #0C6C90; border-bottom: Black 0.5pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">1,582</FONT></TD>
    <TD STYLE="font: bold 8pt Arial, Helvetica, Sans-Serif; padding-top: 2pt; color: #0C6C90; border-bottom: Black 0.5pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: bold 8pt Arial, Helvetica, Sans-Serif; padding-top: 2pt; color: #0C6C90; border-bottom: Black 0.5pt solid; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">1,582</FONT></TD>
    <TD STYLE="font: 8pt Arial, Helvetica, Sans-Serif; padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: bold 8pt Arial, Helvetica, Sans-Serif; padding-top: 2pt; color: #0C6C90; border-bottom: Black 0.5pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: bold 8pt Arial, Helvetica, Sans-Serif; padding-top: 2pt; color: #0C6C90; border-bottom: Black 0.5pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: bold 8pt Arial, Helvetica, Sans-Serif; padding-top: 2pt; color: #0C6C90; border-bottom: Black 0.5pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font: bold 8pt Arial, Helvetica, Sans-Serif; padding-top: 2pt; color: #0C6C90; border-bottom: Black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD></TR>
  </TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<!-- Field: Rule-Page --><DIV STYLE="margin-top: 3pt; margin-bottom: 3pt; width: 25%"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><SUP>1</SUP> <FONT STYLE="font-size: 8pt">For a reconciliation of Group
proforma adjusted EBIT and segment breakdown see pages 20 and subsequent. The list of the main JV/associates is included on page 25.</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 5; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="color: rgb(127,127,127); text-align: center; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->2<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 9pt; color: rgb(12,108,144)">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">In Q1 &rsquo;24, Group adjusted
operating cash flow before working capital at replacement cost was &euro;3.9 bln, exceeding outflows related to organic capex of &euro;2
bln, and resulting in an organic free cash flow (FCF) of &euro;1.9 bln. In addition to fund working capital requirements (around &euro;2
bln), the organic FCF was deployed to return cash to shareholders through dividends and share repurchases (&euro;1.2 bln overall) as well
as to fund the strategic acquisition of the Neptune Energy Group (&euro;2.3 bln) and of renewable capacity in the USA (&euro;0.2 bln),
partly offset with the proceeds from the sale of a minority stake of 7.6% in Plenitude to the EIP fund (about &euro;0.6 bln) and non-strategic
E&amp;P assets (&euro;0.2 bln).</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 3pt">&nbsp;&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 9pt; color: rgb(12,108,144)">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Net borrowings ex-IFRS 16 as of
March&nbsp;31, 2024, were &euro;12.9 bln, with the Group leverage at 0.23.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 3pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 9pt; color: rgb(12,108,144)">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">In March&nbsp;2024, the third
out of four instalments of the dividend for the fiscal year 2023 of &euro;0.24 per share was paid for a total consideration of &euro;0.8
bln. The fourth instalment of the 2023 dividend of &euro;0.23 per share is scheduled to be paid on May&nbsp;22, 2024.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 3pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 9pt; color: rgb(12,108,144)">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">As of March&nbsp;5, 2024, the
2023 buy-back program was completed with an overall amount of 153.5 mln shares purchased from May&nbsp;2023 to March&nbsp;2024, for a
cash outlay of &euro;2,200 mln (24.5 mln shares at a cost of &euro;363 mln in Q1 &rsquo;24).</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%">
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: bold 14pt Arial, Helvetica, Sans-Serif; padding-top: 4pt; background-color: rgb(11,107,144); padding-bottom: 4pt; padding-left: 8pt"><FONT STYLE="color: White">Main
    business developments</FONT></TD></TR>
</TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 14pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: white">&nbsp;</P>

<P STYLE="font: 13pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.25in; text-align: justify; text-indent: -0.25in; color: #0c6c90">Exploration&nbsp;&amp;
Production</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 3pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 9pt; color: rgb(12,108,144)">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">On April&nbsp;23, 2024, Eni reached
an agreement on the combination of substantially all its upstream assets in the UK, excluding East Irish Sea assets and CCUS activities
with Ithaca Energy, marking a strategic move to significantly strengthen its presence on the UK Continental Shelf. The combination is
being funded through the issue to Eni UK of new ordinary shares representing 38.5% of the enlarged issued share capital of Ithaca. The
economic effective date for the combination will be June&nbsp;30, 2024, with completion expected in Q3 2024, subject to the satisfaction
of certain regulatory and other customary conditions precedent. The combination will immediately create an enlarged and stronger combined
group with 2024 production greater than 100,000 boe/d and the underlying potential to organically grow to 150,000 boe/d by the early 2030s.
The combination is aimed at replicating the previous successful execution of upstream combinations that Eni has formed using its distinctive
Satellite Model.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 3pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 9pt; color: rgb(12,108,144)">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">In Q1 &lsquo;24, hydrocarbons
production rose by 5% to 1.74 mln boe/d thanks to the purchase of Neptune Energy, including those properties acquired by V&aring;r Energi
in Norway, and ramp-ups at the Baleine project in C&ocirc;te d'Ivoire and in Mozambique.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 3pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 9pt; color: rgb(12,108,144)">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">In Q1 &lsquo;24, exploration activities
delivered another outstanding outcome with 435 mln boe of new additions to the resource base, driven by the Calao discovery in the CI-205
block (Eni&rsquo;s interest 90%) off C&ocirc;te d'Ivoire and the positive appraisal of the Cronos discovery in the operated Block 6, off
Cyprus.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 3pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 9pt; color: rgb(12,108,144)">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">The business combination with
Neptune Energy, in conjunction with associate V&aring;r Energi, completed in January&nbsp;2024, represents an exceptional strategic and
operational fit by complementing Eni&rsquo;s asset portfolio and geographies, strengthening Eni&rsquo;s positions in key areas like Indonesia,
Algeria and UK, and as it aligns with our strategy of growing the natural gas business to provide the market and the customers with affordable,
secure, and low-carbon energy.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 3pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 9pt; color: rgb(12,108,144)">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">In February, just one year after
the FID, the Congo FLNG project commenced its deliveries of LNG to international markets, making the Republic of Congo a new exporter
in the global landscape of this fuel.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 3pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 9pt; color: rgb(12,108,144)">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">In March, in line with Eni&rsquo;s
strategy of high-grading and rationalizing the upstream portfolio, the divestment was finalized to Perenco of Eni&rsquo;s participating
interests in several production permits in Congo.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 13pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.25in; text-align: justify; text-indent: -0.25in; color: #0c6c90">Enilive
and Plenitude</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 3pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 9pt; color: rgb(12,108,144)">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">In January, Enilive and LG Chem
building on the preliminary agreement signed in September&nbsp;2023, established a joint venture, which will make the final investment
decision on a biorefinery project in South Korea expected to start operations in 2026 with processing capacity of 400 ktons/y of feedstocks,
leveraging on Eni's Ecofining&trade; technology.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 3pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 9pt; color: rgb(12,108,144)">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">In January, signed a Letter of
Intent (LoI) between Enilive and Ryanair for the long-term supply of sustainable aviation fuel &ldquo;SAF&rdquo; (Sustainable Aviation
Fuel) at selected Ryanair airports across Italy. This agreement provides for up to 100 ktons of SAF between 2025 and 2030.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 3pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 9pt; color: rgb(12,108,144)">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">The decision to go ahead with
Italy's third bio-refinery in Livorno will add capacity of 500 ktons/y of HVO diesel, VVO naphtha and bio-LPG through the reconfiguration
of the existing hub and expected start-up in 2026.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 6; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="color: rgb(127,127,127); text-align: center; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->3<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 9pt; color: rgb(12,108,144)">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">In February, Plenitude started
operations at the Ravenna Ponticelle photovoltaic plant, with an installed capacity of 6 MW.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 3pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 9pt; color: rgb(12,108,144)">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">In March, Plenitude and Energy
Infrastructure Partners (EIP) finalized the agreement for EIP to enter Plenitude's share capital through a reserved capital increase of
approximately &euro;0.6 bln, equal to 7.6% of the Company&rsquo;s share capital.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 3pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 9pt; color: rgb(12,108,144)">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">In March, Eni signed an agreement
with Fincantieri and RINA, a multinational inspection, certification, and engineering consultancy, to evaluate initiatives in the energy
transition, targeting the decarbonization of the maritime sector.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 3pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 9pt; color: rgb(12,108,144)">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">In April, construction works started
at the Renopool photovoltaic solar installation in Spain, the largest PV plant ever built by the company, with an installed capacity of
330 MW. The solar park will generate 660 GWh/y and it will feature seven photovoltaic plants and one electric substation.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 13pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.25in; text-align: justify; text-indent: -0.25in; color: #0c6c90">Refining,
Chemicals and Power</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 3pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 9pt; color: rgb(12,108,144)">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">The Refining business moved forward
in its decarbonization process with the final investment decision to convert the Livorno traditional plant into a biorefinery similar
to the successful model adopted at Gela and Venice. The start-up of the new biorefining lines is expected in 2026 and the hub will be
transferred to Enilive. The project is awaiting official authorizations and includes the construction of a biogenic feedstock pre-treatment
unit, an Ecofining&trade; plant and a facility to produce hydrogen from natural gas.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 3pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 9pt; color: rgb(12,108,144)">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">In April, Versalis finalized the
acquisition of 100% of Tecnofilm SpA, a specialist company operating in the compounding sector. The operation is in line with Versalis&rsquo;
strategy intended to strengthen the market share in high-value segments.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 13pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.25in; text-align: justify; text-indent: -0.25in; color: #0c6c90">Decarbonization,
Sustainability and Technology</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 3pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 9pt; color: rgb(12,108,144)">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">In January, Eni began building
a new high-performance computing system, HPC6, aimed at significantly increasing computational power from a current 70 PFlops/s peak to
over 600 PFlops/s. Once completed, HPC6 will be one of the world&rsquo;s most powerful supercomputers dedicated to industrial applications,
reinforcing Eni&rsquo;s leadership in industrial high-performance computing and consolidating its position as a high-tech company supporting
the energy transition.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 3pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 9pt; color: rgb(12,108,144)">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">In March, Eni received the authorization,
through Development Consent Order (DCO), from the UK Government&rsquo;s Department for Energy Security and Net Zero (DESNZ) to build,
operate and maintain the HyNet North West CO<SUB>2</SUB> pipeline to transport captured CO<SUB>2</SUB> as part of the HyNet CCS cluster.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 3pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 9pt; color: rgb(12,108,144)">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">In March, Eni renewed its membership
participation in the MIT Energy Initiative (MITEI) as a Founding Member until the end of 2027, furthering its commitment to the field
of low-carbon energy research. The agreement demonstrates Eni&rsquo;s commitment for innovation and research as core drivers behind its
short, medium and long-term decarbonization goals, in line with the company&rsquo;s strategy.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 7; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="color: rgb(127,127,127); text-align: center; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->4<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%">
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: bold 14pt Arial, Helvetica, Sans-Serif; padding-top: 4pt; background-color: rgb(11,107,144); padding-bottom: 4pt; padding-left: 8pt"><FONT STYLE="color: White"><B><B>Outlook 2024</B></B></FONT></TD></TR>
</TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;&nbsp;</P>

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">The Company is providing the following updated operational
and financial guidance for 2024:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 5pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 9pt; color: rgb(12,108,144)">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">E&amp;P: full-year hydrocarbon
production is confirmed in a range of 1.69 - 1.71 mln boe/d at the revised Brent price of 86 $/bbl.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 3pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 9pt; color: rgb(12,108,144)">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">GGP: &euro;0.8 bln of proforma
adjusted EBIT for the full year confirmed.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 3pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 9pt; color: rgb(12,108,144)">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Enilive and Plenitude:</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 3pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">-</TD><TD STYLE="text-align: justify">proforma adjusted EBITDA of &euro;1 bln for each business for the full year is confirmed;</TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 3pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">-</TD><TD STYLE="text-align: justify">installed capacity from renewable sources is projected at 4 GW at 2024 year-end, with additional 2 GW
of organic projects under construction.</TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 3pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 9pt; color: rgb(12,108,144)">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Group financials: at the revised
scenario<SUP>2</SUP> the Group expected proforma adjusted EBIT and CFFO before working capital are both raised above &euro;14 bln for
the full year.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 3pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 9pt; color: rgb(12,108,144)">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Organic Capex: projected at about
 &euro;9 bln for the full year as planned. Including the expected developments in the disposition plan, capex net of proceeds from disposal
are confirmed in a range of &euro;7 - 8 bln.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 3pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 9pt; color: rgb(12,108,144)">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Shareholder&rsquo;s Remuneration:
the 2024 share buy-back is now expected to be &euro;1.6 bln, a 45% increase versus the &euro;1.1 bln guidance provided at the latest Capital
Markets Update in March. This is in line with our distribution policy of returning shareholders between 30%-35% of CFFO </FONT><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><SUP>3</SUP></FONT>
<FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">through dividends and share repurchases and up to 60% of incremental
CFFO above management plan to share repurchases. This remains subject to shareholder approval at the Annual General Meeting convened on
May&nbsp;15, 2024 for a proposed buy-back of up to &euro;3.5 bln. The Annual General Meeting is also due to approve a dividend of &euro;1
per share for fiscal year 2024, representing a 6% increase over 2023, to be paid in four instalments, starting in September&nbsp;2024.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 3pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 9pt; color: rgb(12,108,144)">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Next quarterly dividend: as resolved
by the Board of Directors on April&nbsp;4, 2024, the last quarterly instalment of the 2023 dividend of &euro;0.23 per share is due to
be paid on May&nbsp;22, 2024, being May&nbsp;20, 2024, the ex-dividend date.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">The above-described outlook is a forward-looking
statement based on information to date and management&rsquo;s judgement and is subject to the potential risks and uncertainties of the
scenario (see our disclaimer on page&nbsp;19).</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<!-- Field: Rule-Page --><DIV STYLE="margin-top: 3pt; margin-bottom: 3pt; width: 25%"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 7pt"><SUP>2</SUP> Updated
2024 Scenario is: Brent 86 $/bbl (previously $80/bbl); SERM 6.8 $/bbl from 6.6 $/bbl; PSV 33 &euro;/MWh (vs 31 &euro;/MWh) and average
EUR/USD exchange rate at 1.075 (vs 1.08).</FONT></P>

<P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 7pt"><SUP>3</SUP> On an
adjusted basis, before working capital changes.</FONT></P>

<P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center; color: #7f7f7f"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></P>

<P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center; color: #7f7f7f"><FONT STYLE="font-size: 8pt"></FONT></P>

<!-- Field: Page; Sequence: 8; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="color: rgb(127,127,127); text-align: center; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->5<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center; color: #7f7f7f"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%">
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font: bold 14pt Arial, Helvetica, Sans-Serif; padding-top: 4pt; background-color: rgb(11,107,144); padding-bottom: 4pt; padding-left: 8pt"><FONT STYLE="color: White"><B><B><FONT STYLE="font-size: 14pt"><B>Business segments operating
results</B></FONT></B></B></FONT></TD></TR>
</TABLE>

<P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center; color: #7f7f7f">&nbsp;&nbsp;</P>

<P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center; color: #7f7f7f">&nbsp;</P>

<P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #0c6c90"><FONT STYLE="font-size: 13pt">Exploration&nbsp;&amp;
Production</FONT></P>

<P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #0c6c90"><FONT STYLE="font-size: 2pt">&nbsp;</FONT></P>

<P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #0c6c90"><FONT STYLE="font-size: 13pt">Production and prices</FONT></P>

<P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font: 12pt Arial, Helvetica, Sans-Serif">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">Q4&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt"><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-top: 2pt; font-weight: bold; text-align: center"><FONT STYLE="font-size: 9pt">Q1</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-top: 2pt; font-weight: bold; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-size: 9pt">2023</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-top: 2pt; font-weight: bold; border-bottom: black 1pt solid"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-weight: bold; border-bottom: black 1pt solid; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">2024</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-weight: bold; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-size: 9pt">2023</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; font-weight: bold; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-size: 9pt">% Ch.</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-top: 2pt; border-top-color: black; border-top-width: 1pt; width: 8%"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; color: #0C6C90; font-weight: bold; text-align: left; border-top-color: black; border-top-width: 1pt; width: 51%"><FONT STYLE="font-size: 9pt">Production</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; border-top-color: black; border-top-width: 1pt; width: 17%"><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; border-top-color: black; border-top-width: 1pt; background-color: #F2F2F2; width: 8%"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; border-top-color: black; border-top-width: 1pt; width: 8%"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; border-top-color: black; border-top-width: 1pt; width: 8%"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">781</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">Liquids</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: left"><FONT STYLE="font-size: 7pt">kbbl/d</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">797</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">780</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">2</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">4,851</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">Natural gas&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: left"><FONT STYLE="font-size: 7pt">mmcf/d</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">4,937</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">4,608</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">8</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-top: 2pt; color: #0C6C90; font-weight: bold; border-bottom: gray 0.5pt solid; text-align: right"><FONT STYLE="font-size: 9pt">1,708</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; color: #0C6C90; font-weight: bold; border-bottom: gray 0.5pt solid; text-align: left"><FONT STYLE="font-size: 9pt">Hydrocarbons</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; border-bottom: gray 0.5pt solid; text-align: left"><FONT STYLE="font-size: 7pt">kboe/d</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; color: #0C6C90; font-weight: bold; border-bottom: gray 0.5pt solid; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">1,741</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: #0C6C90; font-weight: bold; border-bottom: gray 0.5pt solid; text-align: right"><FONT STYLE="font-size: 9pt">1,661</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; color: #0C6C90; font-weight: bold; border-bottom: gray 0.5pt solid; text-align: right"><FONT STYLE="font-size: 9pt">5</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-top: 2pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; color: #0C6C90; font-weight: bold; text-align: left"><FONT STYLE="font-size: 9pt">Average realizations
    &#8317;&#7491;&#8318;</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: left"><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">77.53</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">Liquids</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: left"><FONT STYLE="font-size: 7pt">$/bbl</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">74.53</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">72.86</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">2</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-top: 2pt; vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 9pt">7.21</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; vertical-align: middle; text-align: left"><FONT STYLE="font-size: 9pt">Natural gas</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; vertical-align: middle; text-align: left"><FONT STYLE="font-size: 7pt">$/kcf</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; vertical-align: bottom; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">7.04</FONT></TD>
    <TD STYLE="padding-top: 2pt; vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 9pt">8.06</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; vertical-align: middle; text-align: right"><FONT STYLE="font-size: 9pt">(13)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-top: 2pt; color: #0C6C90; font-weight: bold; border-bottom: black 2pt double; text-align: right"><FONT STYLE="font-size: 9pt">57.48</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; color: #0C6C90; font-weight: bold; border-bottom: black 2pt double; text-align: left"><FONT STYLE="font-size: 9pt">Hydrocarbons</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; border-bottom: black 2pt double; text-align: left"><FONT STYLE="font-size: 7pt">$/boe</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; color: #0C6C90; font-weight: bold; border-bottom: black 2pt double; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">54.16</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: #0C6C90; font-weight: bold; border-bottom: black 2pt double; text-align: right"><FONT STYLE="font-size: 9pt">57.06</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; color: #0C6C90; font-weight: bold; border-bottom: black 2pt double; text-align: right"><FONT STYLE="font-size: 9pt">(5)</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 4pt">&nbsp;</FONT></P>

<P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 7pt">(a) Prices related to consolidated subsidiaries.</FONT></P>

<P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: Red">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 8pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-size: 8pt; vertical-align: top">
<TD STYLE="font-size: 8pt; width: 0"></TD><TD STYLE="font-size: 8pt; width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 9pt; color: rgb(12,108,144)">&middot;</FONT></TD><TD STYLE="font-size: 8pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">In Q1 &rsquo;24 hydrocarbon production
averaged 1.74 mln boe/d, up 5% compared to Q1 &rsquo;23. Production was supported by the Neptune acquisition (about 120 kboe/d), ramp-ups
of the Baleine project in C&ocirc;te d'Ivoire and in Mozambique partly offset by lower production due to mature fields decline. In the
sequential comparison production increased by 2% due to above mentioned drivers.</FONT></TD></TR></TABLE>

<P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 3pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 8pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-size: 8pt; vertical-align: top">
<TD STYLE="font-size: 8pt; width: 0"></TD><TD STYLE="font-size: 8pt; width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 9pt; color: rgb(12,108,144)">&middot;</FONT></TD><TD STYLE="font-size: 8pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Liquids production was 797 kbbl/d
in Q1 &rsquo;24, up 2% compared to Q1 &rsquo;23, mainly due to the Neptune acquisition and growth in C&ocirc;te d'Ivoire. These increases
were partly offset by mature fields decline.</FONT></TD></TR></TABLE>

<P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 3pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 8pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-size: 8pt; vertical-align: top">
<TD STYLE="font-size: 8pt; width: 0"></TD><TD STYLE="font-size: 8pt; width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 9pt; color: rgb(12,108,144)">&middot;</FONT></TD><TD STYLE="font-size: 8pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Natural gas production was 4,937
mmcf/d in Q1 &rsquo;24, up 8% compared to Q1 &rsquo;23, mainly due to the Neptune acquisition and the ramp-up of the Coral Floating LNG
project, offset by mature fields decline.</FONT></TD></TR></TABLE>

<P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 3pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 8pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-size: 8pt; vertical-align: top">
<TD STYLE="font-size: 8pt; width: 0"></TD><TD STYLE="font-size: 8pt; width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 9pt; color: rgb(12,108,144)">&middot;</FONT></TD><TD STYLE="font-size: 8pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Liquids price realizations trended
broadly in line with benchmarks. Natural gas price realizations reflected the price exposure of the production portfolio, where around
15% of production is directly linked to European hub pricing.</FONT></TD></TR></TABLE>

<P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 9; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="color: rgb(127,127,127); text-align: center; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->6<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #0c6c90"><FONT STYLE="font-size: 13pt">Results</FONT></P>

<P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font: 12pt Arial, Helvetica, Sans-Serif">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 8pt">Q4&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-top: 2pt; font-weight: bold; text-align: center"><FONT STYLE="font-size: 8pt">Q1</FONT></TD>
    <TD STYLE="padding-top: 2pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-top: 2pt; font-weight: bold; vertical-align: middle; border-bottom: black 1pt solid; text-align: right; width: 8%"><FONT STYLE="font-size: 8pt">2023</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; vertical-align: bottom; border-bottom: black 1pt solid; text-align: center; width: 69%"><FONT STYLE="font-size: 7pt">(&euro;
    million)</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-weight: bold; vertical-align: middle; border-bottom: black 1pt solid; text-align: right; background-color: #F2F2F2; width: 8%"><FONT STYLE="font-size: 8pt">2024</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-weight: bold; vertical-align: middle; border-bottom: black 1pt solid; text-align: right; width: 8%"><FONT STYLE="font-size: 8pt">2023</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-weight: bold; vertical-align: middle; border-bottom: black 1pt solid; text-align: right; width: 7%"><FONT STYLE="font-size: 8pt">%
    Ch.</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; border-top-color: black; border-top-width: 1pt"><FONT STYLE="font-size: 8pt">3,320</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; color: #0C6C90; font-weight: bold; text-align: left"><FONT STYLE="font-size: 8pt">Proforma adjusted
    EBIT</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; border-top-color: black; border-top-width: 1pt; background-color: #F2F2F2"><FONT STYLE="font-size: 8pt">3,320</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; border-top-color: black; border-top-width: 1pt"><FONT STYLE="font-size: 8pt">3,831</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; border-top-color: black; border-top-width: 1pt"><FONT STYLE="font-size: 8pt">(13)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-top: 2pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 8pt">889</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 36px; font-style: italic; text-align: left"><FONT STYLE="font-size: 8pt">of which: main JV/Associates</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-style: italic; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 8pt">992</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 8pt">1,025</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; color: #0C6C90; text-align: right"><FONT STYLE="font-size: 8pt; color: Black"><I>(3)</I></FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-top: 2pt; border-top: Black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 8pt">1,463</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; border-top: Black 0.5pt solid; text-align: left"><FONT STYLE="font-size: 8pt">Operating profit (loss)
    of subsidiaries</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; border-top: Black 0.5pt solid; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 8pt">2,219</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; border-top: Black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 8pt">2,720</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; border-top: Black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 8pt">(18)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 8pt">968</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 8pt">Exclusion of special items</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 8pt">109</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 8pt">86</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 8pt">27</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-top: 2pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 8pt">2,431</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; font-weight: bold; text-align: left"><FONT STYLE="font-size: 8pt">Adjusted operating profit (loss)
    of subsidiaries</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 8pt">2,328</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 8pt">2,806</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 8pt">(17)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-top: 2pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 8pt">2,871</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; font-weight: bold; text-align: left"><FONT STYLE="font-size: 8pt">Adjusted profit (loss) before taxes</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 8pt">2,480</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 8pt">3,076</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 8pt">(19)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-top: 2pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 8pt">50.4</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; font-style: italic; text-align: left"><FONT STYLE="font-size: 8pt">tax rate (%)</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-style: italic; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 8pt">54.4</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 8pt">49.9</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-top: 2pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 8pt">1,423</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; font-weight: bold; text-align: left"><FONT STYLE="font-size: 8pt">Adjusted net profit (loss)&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 8pt">1,130</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 8pt">1,540</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 8pt">(27)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-top: 2pt; border-top: Black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; border-top: Black 0.5pt solid; text-align: left"><FONT STYLE="font-size: 8pt">Results also include:</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; border-top: Black 0.5pt solid; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; border-top: Black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; border-top: Black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 8pt">331</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; color: #0C6C90; font-weight: bold; text-align: left"><FONT STYLE="font-size: 8pt">Exploration expenses:</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 8pt">71</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 8pt">73</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 8pt">(3)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 8pt">40</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 8pt">- prospecting, geological and geophysical expenses</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 8pt">41</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 8pt">57</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 8pt">291</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 8pt">- write-off of unsuccessful wells&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 8pt">30</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 8pt">16</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-top: 2pt; color: #0C6C90; font-weight: bold; border-bottom: Black 2pt double; text-align: right"><FONT STYLE="font-size: 8pt">1,809</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; color: #0C6C90; font-weight: bold; border-bottom: Black 2pt double; text-align: left"><FONT STYLE="font-size: 8pt">Capital
    expenditure</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; color: #0C6C90; font-weight: bold; border-bottom: Black 2pt double; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 8pt">1,565</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; color: #0C6C90; font-weight: bold; border-bottom: Black 2pt double; text-align: right"><FONT STYLE="font-size: 8pt">1,784</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; color: #0C6C90; font-weight: bold; border-bottom: Black 2pt double; text-align: right"><FONT STYLE="font-size: 8pt">(12)</FONT></TD></TR>
  </TABLE>

<P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 8pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-size: 8pt; vertical-align: top">
<TD STYLE="font-size: 8pt; width: 0"></TD><TD STYLE="font-size: 8pt; width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 9pt; color: rgb(12,108,144)">&middot;</FONT></TD><TD STYLE="font-size: 8pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">In Q1 &rsquo;24, Exploration&nbsp;&amp;
Production reported proforma adjusted Ebit of &euro;3,320 mln, which was an extremely resilient result as it was down just by 13% versus
Q1 &rsquo;23 due to underlying business strength. With respect to the Q1 &lsquo;23, the result was affected by lower benchmark gas prices
in all geographies, which negatively affected realized prices of equity production indexed to spot prices, particularly in Europe, as
well as the appreciation of the EUR/USD exchange rate (up by 1%). These negative trends were partly offset by higher crude oil prices
in USD (the marker Brent was up by 2% in the quarter), volume growth and efficiency measures.</FONT></TD></TR></TABLE>

<P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 3pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 8pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-size: 8pt; vertical-align: top">
<TD STYLE="font-size: 8pt; width: 0"></TD><TD STYLE="font-size: 8pt; width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 9pt; color: rgb(12,108,144)">&middot;</FONT></TD><TD STYLE="font-size: 8pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">In Q1 &rsquo;24, the segment reported
an adjusted net profit of &euro;1,130 mln, a decrease of about 27% compared to Q1 &rsquo;23 mainly due to weaker scenario.</FONT></TD></TR></TABLE>

<P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 3pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 8pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="font-size: 8pt; vertical-align: top">
<TD STYLE="font-size: 8pt; width: 0"></TD><TD STYLE="font-size: 8pt; width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 9pt; color: rgb(12,108,144)">&middot;</FONT></TD><TD STYLE="font-size: 8pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">In Q1 &rsquo;24 the tax rate increased
by 4.5 percentage points when compared to the year-ago period due to: (i)&nbsp;the impact of lower gas prices; and (ii)&nbsp;a less favorable
geographic profit mix (in terms of an increasing share of taxable income in countries with a higher tax rate).</FONT></TD></TR></TABLE>

<P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 9pt">For the disclosure
on business segment special charges, see &ldquo;Special items&rdquo; in the Group results section.</FONT></P>

<P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"></P>

<!-- Field: Page; Sequence: 10; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="color: rgb(127,127,127); text-align: center; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->7<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<!-- Field: Split-Segment; Name: 002 -->
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 1pt">&nbsp;</FONT></P>

<P STYLE="font: 13pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: justify; color: #0c6c90">Global
Gas&nbsp;&amp; LNG Portfolio</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #0c6c90">Sales</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font: 12pt Arial, Helvetica, Sans-Serif">
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="font-size: 9pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">Q4&nbsp;</FONT></TD>
    <TD STYLE="font-size: 9pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 9pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font-size: 9pt; font-weight: bold; text-align: center"><FONT STYLE="font-size: 9pt">Q1&nbsp;</FONT></TD>
    <TD STYLE="font-size: 9pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: middle">
    <TD STYLE="padding-top: 2pt; border-bottom: black 1pt solid; font-size: 9pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">2023</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-top: 2pt; border-bottom: black 1pt solid; font-size: 9pt; font-weight: bold"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; border-bottom: black 1pt solid; font-size: 9pt; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">2024</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; border-bottom: black 1pt solid; font-size: 9pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">2023</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; border-bottom: black 1pt solid; font-size: 9pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">%
    Ch.</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: middle">
    <TD STYLE="padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right; width: 9%"><FONT STYLE="font-size: 9pt">41</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 18px; color: #0C6C90; font-weight: bold; text-align: left; width: 55%"><FONT STYLE="font-size: 9pt">Spot
    Gas price at Italian PSV</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: #0C6C90; font-size: 9pt; text-align: right; width: 9%"><FONT STYLE="font-size: 7pt">&euro;/MWh&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right; border-top-color: black; border-top-width: 1pt; background-color: #F2F2F2; width: 9%"><FONT STYLE="font-size: 9pt">29</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right; width: 9%"><FONT STYLE="font-size: 9pt">57</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right; width: 9%"><FONT STYLE="font-size: 9pt">(49)</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: middle">
    <TD STYLE="padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">41</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 18px; color: #0C6C90; font-weight: bold; text-align: left"><FONT STYLE="font-size: 9pt">TTF</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: #0C6C90; font-size: 9pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">27</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">54</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">(49)</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: middle">
    <TD STYLE="padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">0</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 18px; color: #0C6C90; font-weight: bold; text-align: left"><FONT STYLE="font-size: 9pt">Spread
    PSV vs. TTF</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: #0C6C90; font-size: 9pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">2</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">3</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">(44)</FONT></TD></TR>
  <TR STYLE="font-size: 9pt">
    <TD STYLE="padding-top: 2pt; font-size: 9pt; font-weight: bold; vertical-align: bottom"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 18px; color: #0C6C90; font-weight: bold; vertical-align: middle; text-align: left"><FONT STYLE="font-size: 9pt">Natural
    gas sales</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: #0C6C90; font-size: 9pt; vertical-align: middle; text-align: right"><FONT STYLE="font-size: 7pt">bcm</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; font-weight: bold; vertical-align: middle; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; font-weight: bold; vertical-align: middle; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; font-weight: bold; vertical-align: middle; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 9pt">
    <TD STYLE="padding-top: 2pt; font-size: 9pt; vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 9pt">6.58</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 18px; vertical-align: middle; text-align: left"><FONT STYLE="font-size: 9pt">Italy</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; vertical-align: middle; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; vertical-align: middle; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">7.69</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; vertical-align: middle; text-align: right"><FONT STYLE="font-size: 9pt">7.10</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; vertical-align: middle; text-align: right"><FONT STYLE="font-size: 9pt">8</FONT></TD></TR>
  <TR STYLE="font-size: 9pt">
    <TD STYLE="padding-top: 2pt; font-size: 9pt; vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 9pt">6.50</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 18px; vertical-align: middle; text-align: left"><FONT STYLE="font-size: 9pt">Rest of Europe</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; font-style: italic; vertical-align: middle; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; vertical-align: middle; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">6.79</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; vertical-align: middle; text-align: right"><FONT STYLE="font-size: 9pt">7.22</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; vertical-align: middle; text-align: right"><FONT STYLE="font-size: 9pt">(6)</FONT></TD></TR>
  <TR STYLE="font-size: 9pt">
    <TD STYLE="padding-top: 2pt; font-size: 9pt; font-style: italic; vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 9pt">0.60</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 18px; font-style: italic; vertical-align: bottom; text-align: left"><FONT STYLE="font-size: 9pt">of
    which: Importers in Italy</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; font-style: italic; vertical-align: middle; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; font-style: italic; vertical-align: middle; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">0.42</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; font-style: italic; vertical-align: middle; text-align: right"><FONT STYLE="font-size: 9pt">0.62</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; vertical-align: middle; text-align: right"><FONT STYLE="font-size: 9pt">(32)</FONT></TD></TR>
  <TR STYLE="font-size: 9pt">
    <TD STYLE="padding-top: 2pt; font-size: 9pt; font-style: italic; vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 9pt">5.90</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 0.75in; font-style: italic; vertical-align: bottom; text-align: left">European markets</TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; font-style: italic; vertical-align: middle; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; font-style: italic; vertical-align: middle; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">6.37</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; font-style: italic; vertical-align: middle; text-align: right"><FONT STYLE="font-size: 9pt">6.60</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; vertical-align: middle; text-align: right"><FONT STYLE="font-size: 9pt">(3)</FONT></TD></TR>
  <TR STYLE="font-size: 9pt">
    <TD STYLE="padding-top: 2pt; font-size: 9pt; vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 9pt">0.53</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 18px; vertical-align: middle; text-align: left"><FONT STYLE="font-size: 9pt">Rest of World</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; font-style: italic; vertical-align: middle; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; vertical-align: middle; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">0.97</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; vertical-align: middle; text-align: right"><FONT STYLE="font-size: 9pt">0.52</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; vertical-align: middle; text-align: right"><FONT STYLE="font-size: 9pt">87</FONT></TD></TR>
  <TR STYLE="font-size: 9pt">
    <TD STYLE="padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 9pt">13.61</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 18px; color: #0C6C90; font-weight: bold; vertical-align: middle; text-align: left"><FONT STYLE="font-size: 9pt">Worldwide
    gas sales <SUP>(a)</SUP></FONT></TD>
    <TD STYLE="padding-top: 2pt; color: #0C6C90; font-size: 9pt; font-weight: bold; font-style: italic; vertical-align: middle; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; vertical-align: middle; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">15.45</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; vertical-align: middle; text-align: right"><FONT STYLE="font-size: 9pt">14.84</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; vertical-align: middle; text-align: right"><FONT STYLE="font-size: 9pt">4</FONT></TD></TR>
  <TR STYLE="font-size: 9pt">
    <TD STYLE="border-bottom: Black 2.5pt double; padding-bottom: 2pt; padding-top: 2pt; font-size: 9pt; font-style: italic; vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 9pt">2.4</FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double; padding-bottom: 2pt; padding-top: 2pt; font-size: 9pt; padding-left: 18px; font-style: italic; vertical-align: bottom; text-align: left"><FONT STYLE="font-size: 9pt">of
    which: LNG sales</FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double; padding-bottom: 2pt; padding-top: 2pt; font-size: 9pt; font-style: italic; vertical-align: middle; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: Black 2.5pt double; padding-bottom: 2pt; padding-top: 2pt; font-size: 9pt; font-style: italic; vertical-align: middle; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">2.7</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: Black 2.5pt double; padding-bottom: 2pt; padding-top: 2pt; font-size: 9pt; font-style: italic; vertical-align: middle; text-align: right"><FONT STYLE="font-size: 9pt">2.7</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: Black 2.5pt double; padding-bottom: 2pt; padding-top: 2pt; font-size: 9pt; font-style: italic; vertical-align: middle; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 3pt; vertical-align: bottom">
    <TD STYLE="font-size: 3pt"><FONT STYLE="font-size: 3pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 3pt"><FONT STYLE="font-size: 3pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 3pt"><FONT STYLE="font-size: 3pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 3pt"><FONT STYLE="font-size: 3pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 3pt"><FONT STYLE="font-size: 3pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 3pt"><FONT STYLE="font-size: 3pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 10pt; vertical-align: top">
    <TD COLSPAN="6" STYLE="font-size: 8pt; text-align: left"><FONT STYLE="font-size: 7pt">(a) Data include intercompany sales.</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 9pt; color: rgb(12,108,144)">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">In Q1 &rsquo;24, natural gas sales
were 15.45 bcm, up 4% y-o-y, due to higher gas volumes marketed in Italy (up 8%). Outside Italy, gas volumes were substantially unchanged
compared to the Q1 &lsquo;23 as result of higher sales in the Iberian Peninsula and Germany, offset by lower volumes marketed in Turkey
and France.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #0c6c90">Results</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font: 12pt Arial, Helvetica, Sans-Serif">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; font-size: 9pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">Q4&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-top: 2pt; font-size: 9pt; font-weight: bold; text-align: center"><FONT STYLE="font-size: 9pt">Q1&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 9pt">
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2pt; font-size: 9pt; font-weight: bold; vertical-align: middle; text-align: right; width: 9%"><FONT STYLE="font-size: 9pt">2023</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2pt; font-size: 9pt; vertical-align: bottom; text-align: center; width: 64%"><FONT STYLE="font-size: 7pt">(&euro;
    million)</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: black 1pt solid; padding-top: 2pt; font-size: 9pt; font-weight: bold; vertical-align: middle; text-align: right; background-color: #F2F2F2; width: 9%"><FONT STYLE="font-size: 9pt">2024</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: black 1pt solid; padding-top: 2pt; font-size: 9pt; font-weight: bold; vertical-align: middle; text-align: right; width: 9%"><FONT STYLE="font-size: 9pt">2023</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: black 1pt solid; padding-top: 2pt; font-size: 9pt; font-weight: bold; vertical-align: middle; text-align: right; width: 9%"><FONT STYLE="font-size: 9pt">%
    Ch.</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: middle">
    <TD STYLE="padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right; border-top-color: black; border-top-width: 1pt"><FONT STYLE="font-size: 9pt">717</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 18px; color: #0C6C90; font-weight: bold; text-align: left"><FONT STYLE="font-size: 9pt">Proforma
    adjusted EBIT</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right; border-top-color: black; border-top-width: 1pt; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">325</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right; border-top-color: black; border-top-width: 1pt"><FONT STYLE="font-size: 9pt">1,420</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right; border-top-color: black; border-top-width: 1pt"><FONT STYLE="font-size: 9pt">(77)</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: middle">
    <TD STYLE="padding-top: 2pt; font-size: 9pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">40</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 36px; font-style: italic; text-align: left"><FONT STYLE="font-size: 9pt">of which: main
    JV/Associates</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; font-style: italic; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">32</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">48</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">(33)</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: middle">
    <TD STYLE="border-top: Black 0.5pt solid; padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">1,293</FONT></TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-top: 2pt; font-size: 9pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">Operating
    profit (loss) of subsidiaries</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-top: Black 0.5pt solid; padding-top: 2pt; font-size: 9pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">(110)</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-top: Black 0.5pt solid; padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">275</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-top: Black 0.5pt solid; padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: middle">
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">(616)</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">Exclusion of special items&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">403</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">1,097</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">(63)</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: middle">
    <TD STYLE="padding-top: 2pt; font-size: 9pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">677</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 18px; font-weight: bold; text-align: left"><FONT STYLE="font-size: 9pt">Adjusted operating
    profit (loss) of subsidiaries</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">293</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">1,372</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">(79)</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: middle">
    <TD STYLE="padding-top: 2pt; font-size: 9pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">692</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 18px; font-weight: bold; text-align: left"><FONT STYLE="font-size: 9pt">Adjusted profit
    (loss) before taxes</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">299</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">1,384</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">(78)</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: middle">
    <TD STYLE="padding-top: 2pt; font-size: 9pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">29</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 18px; font-style: italic; text-align: left"><FONT STYLE="font-size: 9pt">tax rate (%)</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; font-style: italic; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">32</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">28</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; color: #0C6C90; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: middle">
    <TD STYLE="padding-top: 2pt; font-size: 9pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">491</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 18px; font-weight: bold; text-align: left"><FONT STYLE="font-size: 9pt">Adjusted net profit
    (loss)&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">204</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">999</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">(80)</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: middle">
    <TD STYLE="border-bottom: Black 2.5pt double; padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">6</FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double; padding-top: 2pt; font-size: 9pt; padding-left: 18px; color: #0C6C90; font-weight: bold; text-align: left"><FONT STYLE="font-size: 9pt">Capital
    expenditure</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: Black 2.5pt double; padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">1</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: Black 2.5pt double; padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: Black 2.5pt double; padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
  </TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 9pt; color: rgb(12,108,144)">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">In Q1 &rsquo;24, the Global Gas&nbsp;&amp;
LNG Portfolio segment achieved a proforma adjusted Ebit of &euro;325 mln, including the operating margin of the equity accounted entities,
mainly SeaCorridor. The significant reduction from the Q1 &rsquo;23 Ebit, was due to a significantly less favorable price scenario (PSV
and TTF approximately down by 50% compared to Q1&rsquo;23) and reduced volatility which affected trading and optimization opportunities.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">For the disclosure on business segment special charges,
see &ldquo;Special items&rdquo; in the Group results section.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 11; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="color: rgb(127,127,127); text-align: center; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->8<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 13pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #0c6c90">Enilive and Plenitude</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #0c6c90">Production and sales</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font: 12pt Arial, Helvetica, Sans-Serif">
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; font-size: 9pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">Q4&nbsp;&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-top: 2pt; font-size: 9pt; font-weight: bold; text-align: center"><FONT STYLE="font-size: 9pt">Q1&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: middle">
    <TD STYLE="padding-top: 2pt; border-bottom: Black 1pt solid; font-size: 9pt; font-weight: bold; text-align: right; width: 8%"><FONT STYLE="font-size: 9pt">2023</FONT></TD>
    <TD STYLE="padding-top: 2pt; border-bottom: Black 1pt solid; font-size: 9pt; font-weight: bold; width: 59%"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; border-bottom: Black 1pt solid; text-align: right; width: 9%"></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; border-bottom: Black 1pt solid; font-size: 9pt; font-weight: bold; text-align: right; background-color: #F2F2F2; width: 8%"><FONT STYLE="font-size: 9pt">2024</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; border-bottom: Black 1pt solid; font-size: 9pt; font-weight: bold; text-align: right; width: 8%"><FONT STYLE="font-size: 9pt">2023</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; border-bottom: Black 1pt solid; font-size: 9pt; font-weight: bold; text-align: right; width: 8%"><FONT STYLE="font-size: 9pt">% Ch.</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: middle">
    <TD STYLE="padding-top: 2pt; font-size: 9pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 18px; color: #0C6C90; font-weight: bold; text-align: left"><FONT STYLE="font-size: 9pt">Enilive</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: middle">
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">265</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">Bio throughputs</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 7pt">ktonnes</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">352</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">136</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">159</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: middle">
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">72</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">Average bio refineries utilization
    rate <SUP>(a)</SUP></FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 7pt">%</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">94</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">59</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: middle">
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">1.86</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">Retail sales in Europe</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 7pt">mmtonnes</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">1.78</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">1.75</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">2</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: middle">
    <TD STYLE="padding-top: 2pt; font-size: 9pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">1.32</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 36px; font-style: italic; text-align: left"><FONT STYLE="font-size: 9pt">of which: Italy</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; font-style: italic; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">1.26</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">1.25</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">1</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: middle">
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">21.7</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">Retail market share in Italy</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 7pt">%</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">21.4</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">21.4</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: middle">
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">2.06</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">Wholesale sales in Europe</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 7pt">mmtonnes</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">1.88</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">1.83</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">3</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: middle">
    <TD STYLE="padding-top: 2pt; border-bottom: Black 1pt solid; font-size: 9pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">1.58</FONT></TD>
    <TD STYLE="padding-top: 2pt; border-bottom: Black 1pt solid; font-size: 9pt; padding-left: 36px; font-style: italic; text-align: left"><FONT STYLE="font-size: 9pt">of
    which: Italy</FONT></TD>
    <TD STYLE="padding-top: 2pt; border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; border-bottom: Black 1pt solid; font-size: 9pt; font-style: italic; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">1.45</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; border-bottom: Black 1pt solid; font-size: 9pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">1.42</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; border-bottom: Black 1pt solid; font-size: 9pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">2</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: middle">
    <TD STYLE="padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 18px; color: #0C6C90; font-weight: bold; text-align: left"><FONT STYLE="font-size: 9pt">Plenitude</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 9pt">
    <TD STYLE="padding-top: 2pt; font-size: 9pt; vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 9pt">10.1</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 18px; vertical-align: middle; text-align: left"><FONT STYLE="font-size: 9pt">Retail and business customers
    at period end</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 7pt">min pod</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; vertical-align: middle; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">10.1</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; vertical-align: middle; text-align: right"><FONT STYLE="font-size: 9pt">10.1</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; vertical-align: middle; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 9pt">
    <TD STYLE="padding-top: 2pt; font-size: 9pt; vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 9pt">1.74</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 18px; vertical-align: middle; text-align: left"><FONT STYLE="font-size: 9pt">Retail and business gas sales</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 7pt">bcm</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; vertical-align: middle; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">2.56</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; vertical-align: middle; text-align: right"><FONT STYLE="font-size: 9pt">2.91</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; vertical-align: middle; text-align: right"><FONT STYLE="font-size: 9pt">(12)</FONT></TD></TR>
  <TR STYLE="font-size: 9pt">
    <TD STYLE="padding-top: 2pt; font-size: 9pt; vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 9pt">4.60</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 18px; vertical-align: middle; text-align: left"><FONT STYLE="font-size: 9pt">Retail and business power sales
    to end customers</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 7pt">TWh</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; vertical-align: middle; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">4.64</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; vertical-align: middle; text-align: right"><FONT STYLE="font-size: 9pt">4.62</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; vertical-align: middle; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: middle">
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">3.0</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">Installed capacity from renewables at period end</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 7pt">GW</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">3.0</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">2.3</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">30</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: middle">
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">0.99</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">Energy production from renewable sources</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 7pt">TWh</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">1.11</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">0.99</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">12</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: middle">
    <TD STYLE="padding-top: 2pt; border-bottom: Black 1pt solid; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">19.0</FONT></TD>
    <TD STYLE="padding-top: 2pt; border-bottom: Black 1pt solid; font-size: 9pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">EV charging points
    at period end</FONT></TD>
    <TD STYLE="padding-top: 2pt; border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-size: 7pt">thousand</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; border-bottom: Black 1pt solid; font-size: 9pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">19.6</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; border-bottom: Black 1pt solid; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">14.7</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; border-bottom: Black 1pt solid; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">33</FONT></TD></TR>
  <TR STYLE="font-size: 3pt; vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; font-size: 3pt"><FONT STYLE="font-size: 3pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 3pt"><FONT STYLE="font-size: 3pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 3pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 3pt"><FONT STYLE="font-size: 3pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 3pt"><FONT STYLE="font-size: 3pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 3pt"><FONT STYLE="font-size: 3pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="6" STYLE="font-size: 8pt; text-align: left"><FONT STYLE="font-size: 7pt">(a) Redetermined based on the effective biorefinery
    capacity.</FONT></TD></TR>
  </TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.25in; text-align: justify; color: #0c6c90"><B>Enilive</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 9pt; color: rgb(12,108,144)">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">In Q1 &rsquo;24, <B>bio throughputs</B>
were 352 ktonnes, more than doubled compared to the same period of 2023, benefitting from the Chalmette biorefinery contribution and higher
volumes processed at the Gela and Venice biorefineries driven by higher plant availability in Gela and as a result of ongoing Ecofining&trade;
optimisation in Venice.</FONT></TD></TR></TABLE>

<P STYLE="font: 7pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 9pt; color: rgb(12,108,144)">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">In Q1 &rsquo;24, <B>retail sales
in Europe</B> were 1.78 mmtonnes, up 2% y-o-y, due to higher sales of gasoline, following increasing consumptions. Sales in Italy were
barely unchanged.</FONT></TD></TR></TABLE>

<P STYLE="font: 7pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 9pt; color: rgb(12,108,144)">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">In Q1 &rsquo;24, <B>wholesale
sales in Europe</B> were 1.88 mmtonnes, increasing by 3% compared to the same period of 2023, due to higher sales of jet fuel mainly in
Italy.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in; color: #0c6c90"><B>Plenitude</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 9pt; color: rgb(12,108,144)">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">As of March&nbsp;31, 2024, <B>retail
and business customers </B>were 10.1 mln (gas and electricity), in line compared to March&nbsp;31, 2023.</FONT></TD></TR></TABLE>

<P STYLE="font: 7pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 9pt; color: rgb(12,108,144)">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt"><B>Retail and business gas sales
</B>amounted to 2.56 bcm in Q1 &rsquo;24, down by 12% compared to the same period in 2023, mainly impacted by lower consumptions, also
due to mild weather conditions.</FONT></TD></TR></TABLE>

<P STYLE="font: 7pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 9pt; color: rgb(12,108,144)">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt"><B>Retail and business power sales
to end customers </B>were 4.64 TWh in the Q1 &rsquo;24, substantially in line compared to Q1 &rsquo;23.</FONT></TD></TR></TABLE>

<P STYLE="font: 7pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 9pt; color: rgb(12,108,144)">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">As of March&nbsp;31, 2024, the
<B>installed capacity from renewables</B> was 3 GW, up by approximately 0.7 GW compared to March&nbsp;31, 2023, mainly thanks to the acquisitions
in the USA and in Spain, as well as to the organic development in Italy, Spain, Kazakhstan and in the UK.</FONT></TD></TR></TABLE>

<P STYLE="font: 7pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 9pt; color: rgb(12,108,144)">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt"><B>Energy production from renewable
sources </B>(1.11 TWh in Q1 &rsquo;24) up by 12% from Q1' 23, mainly due to positive asset performance and growing capacity in operation.</FONT></TD></TR></TABLE>

<P STYLE="font: 7pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 9pt; color: rgb(12,108,144)">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt"><B>EV charging points </B>as of
March&nbsp;31, 2024, amounted to 19.6 thousand, up by 33% compared to 14.7 thousand as of March&nbsp;31, 2023.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 12; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="color: rgb(127,127,127); text-align: center; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->9<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #0c6c90">Results</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 9pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; font-size: 9pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">Q4&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-top: 2pt; font-size: 9pt; font-weight: bold; text-align: center"><FONT STYLE="font-size: 9pt">Q1&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 9pt">
    <TD STYLE="padding-top: 2pt; border-bottom: black 1pt solid; font-size: 9pt; font-weight: bold; vertical-align: middle; text-align: right; width: 9%"><FONT STYLE="font-size: 9pt">2023</FONT></TD>
    <TD STYLE="padding-top: 2pt; border-bottom: black 1pt solid; font-size: 9pt; vertical-align: bottom; text-align: center; width: 64%"><FONT STYLE="font-size: 7pt">(&euro;
    million)</FONT></TD>
    <TD STYLE="padding-top: 2pt; border-bottom: black 1pt solid; font-size: 9pt; font-weight: bold; vertical-align: middle; text-align: right; background-color: #F2F2F2; width: 9%"><FONT STYLE="font-size: 9pt">2024</FONT></TD>
    <TD STYLE="padding-top: 2pt; border-bottom: black 1pt solid; font-size: 9pt; font-weight: bold; vertical-align: middle; text-align: right; width: 9%"><FONT STYLE="font-size: 9pt">2023</FONT></TD>
    <TD STYLE="padding-top: 2pt; border-bottom: black 1pt solid; font-size: 9pt; font-weight: bold; vertical-align: middle; text-align: right; width: 9%"><FONT STYLE="font-size: 9pt">%
    Ch.</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: middle">
    <TD STYLE="padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right; border-top-color: black; border-top-width: 1pt"><FONT STYLE="font-size: 9pt">354</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 18px; color: #0C6C90; font-weight: bold; text-align: left"><FONT STYLE="font-size: 9pt">Proforma adjusted
    EBITDA</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right; border-top-color: black; border-top-width: 1pt; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">596</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right; border-top-color: black; border-top-width: 1pt"><FONT STYLE="font-size: 9pt">430</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right; border-top-color: black; border-top-width: 1pt"><FONT STYLE="font-size: 9pt">39</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: middle">
    <TD STYLE="padding-top: 2pt; font-size: 9pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">181</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 27px; font-style: italic; text-align: left"><FONT STYLE="font-size: 9pt">- Enilive</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; font-style: italic; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">250</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">197</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">27</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: middle">
    <TD STYLE="padding-top: 2pt; font-size: 9pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">173</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 27px; font-style: italic; text-align: left"><FONT STYLE="font-size: 9pt">- Plenitude</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; font-style: italic; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">346</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">233</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">48</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: middle">
    <TD STYLE="padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">168</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 18px; color: #0C6C90; font-weight: bold; text-align: left"><FONT STYLE="font-size: 9pt">Proforma adjusted
    EBIT</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">420</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">270</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">56</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: middle">
    <TD STYLE="padding-top: 2pt; font-size: 9pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">98</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 27px; font-style: italic; text-align: left"><FONT STYLE="font-size: 9pt">- Enilive</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; font-style: italic; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">178</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">138</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">29</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: middle">
    <TD STYLE="padding-top: 2pt; font-size: 9pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">(19)</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 45px; font-style: italic; text-align: left"><FONT STYLE="font-size: 9pt">of which: main JV/Associates</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; font-style: italic; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">(3)</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: middle">
    <TD STYLE="padding-top: 2pt; font-size: 9pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">70</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 27px; font-style: italic; text-align: left"><FONT STYLE="font-size: 9pt">- Plenitude</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; font-style: italic; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">242</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">132</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">83</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: middle">
    <TD STYLE="padding-top: 2pt; border-top: Black 0.5pt solid; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">(258)</FONT></TD>
    <TD STYLE="padding-top: 2pt; border-top: Black 0.5pt solid; font-size: 9pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">Operating profit (loss)
    of subsidiaries</FONT></TD>
    <TD STYLE="padding-top: 2pt; border-top: Black 0.5pt solid; font-size: 9pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">591</FONT></TD>
    <TD STYLE="padding-top: 2pt; border-top: Black 0.5pt solid; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">(198)</FONT></TD>
    <TD STYLE="padding-top: 2pt; border-top: Black 0.5pt solid; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">..</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: middle">
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">445</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">Exclusion of special items&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">(164)</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">468</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: middle">
    <TD STYLE="padding-top: 2pt; font-size: 9pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">187</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 18px; font-weight: bold; text-align: left"><FONT STYLE="font-size: 9pt">Adjusted operating profit (loss)
    of subsidiaries</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">427</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">270</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">58</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: middle">
    <TD STYLE="padding-top: 2pt; font-size: 9pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">155</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 18px; font-weight: bold; text-align: left"><FONT STYLE="font-size: 9pt">Adjusted profit (loss) before taxes</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">405</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">259</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">56</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: middle">
    <TD STYLE="padding-top: 2pt; font-size: 9pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">34</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 18px; font-style: italic; text-align: left"><FONT STYLE="font-size: 9pt">tax rate (%)</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; font-style: italic; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">29</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">29</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: middle">
    <TD STYLE="padding-top: 2pt; font-size: 9pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">102</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 18px; font-weight: bold; text-align: left"><FONT STYLE="font-size: 9pt">Adjusted net profit (loss)&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">288</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">184</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">57</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: middle">
    <TD STYLE="border-bottom: Black 2.5pt double; padding-bottom: 2pt; padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">472</FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double; padding-bottom: 2pt; padding-top: 2pt; font-size: 9pt; padding-left: 18px; color: #0C6C90; font-weight: bold; text-align: left"><FONT STYLE="font-size: 9pt">Capital
    expenditure</FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double; padding-bottom: 2pt; padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">205</FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double; padding-bottom: 2pt; padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">176</FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double; padding-bottom: 2pt; padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">16</FONT></TD></TR>
  </TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 9pt; color: rgb(12,108,144)">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">In Q1 &rsquo;24 the <B>Enilive</B>
business reported a proforma adjusted Ebit of &euro;178 mln, up by 29% compared to the same period in 2023, reflecting the improved underlying
performance coming from asset optimization. In biorefining, doubled throughput driven by capacity addition and higher utilization rates,
and maximization of pre-treatment of challenging feedstock more than offset margin pressure due to spot HVO price in EU and lower RIN
prices in North America. Marketing steady results benefitted from higher demand, especially in wholesale (jet fuel and gasoil) and valorisation
of captive demand.</FONT></TD></TR></TABLE>



<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.25in; text-align: justify">Proforma adjusted Ebitda amounted to
 &euro;250 mln up by 27% vs Q1 &rsquo;23 (&euro;197 mln) and its guidance for the year is confirmed at &euro;1 bln. Enilive is well-positioned
to capitalise on the expected demand increase in the second half of 2024, sustained by the implementation of new obligations in the Netherlands
and the potential impact of EU anti-dumping regulation, as well as more stringent policy in California.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 9pt; color: rgb(12,108,144)">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">In Q1 &rsquo;24 <B>Plenitude</B>
reported a proforma adjusted Ebit of &euro;242 mln up by 83% vs Q1 &rsquo;23, driven by higher retail commodity margins, supported by
lower scenario volatility, and the improved performance in international retail markets, as well as the ramp-up in renewable installed
capacity and related production volumes.</FONT></TD></TR></TABLE>



<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.25in; text-align: justify">Proforma adjusted Ebitda amounted to
 &euro;346 mln up by 48% vs Q1 &rsquo;23 (&euro;233 mln).</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">For the disclosure on business segment special charges,
see &ldquo;Special items&rdquo; in the Group results section.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 13; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="color: rgb(127,127,127); text-align: center; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->10<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 13pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #0c6c90">Refining, Chemicals and Power</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #0c6c90">Production and sales</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font: 12pt Arial, Helvetica, Sans-Serif">
  <TR STYLE="font-size: 9pt">
    <TD STYLE="padding-top: 2pt; font-size: 9pt; font-weight: bold; vertical-align: middle; text-align: center"><FONT STYLE="font-size: 9pt">Q4&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; vertical-align: bottom"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; vertical-align: bottom"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-top: 2pt; font-size: 9pt; font-weight: bold; vertical-align: bottom; text-align: center"><FONT STYLE="font-size: 9pt">Q1&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; vertical-align: bottom"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: middle">
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2pt; font-size: 9pt; font-weight: bold; text-align: center"><FONT STYLE="font-size: 9pt">2023</FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1pt solid; padding-top: 2pt; font-size: 9pt; font-weight: bold"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: black 1pt solid; padding-top: 2pt; font-size: 9pt; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">2024</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: black 1pt solid; padding-top: 2pt; font-size: 9pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">2023</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: black 1pt solid; padding-top: 2pt; font-size: 9pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">% Ch.</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: middle">
    <TD STYLE="padding-top: 2pt; font-size: 9pt; font-weight: bold; text-align: center; width: 9%"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 18px; color: #0C6C90; font-weight: bold; text-align: left; width: 55%"><FONT STYLE="font-size: 9pt">Refining</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; font-weight: bold; width: 9%"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; font-weight: bold; text-align: right; background-color: #F2F2F2; width: 9%"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; font-weight: bold; text-align: right; width: 9%"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; font-weight: bold; text-align: right; width: 9%"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: middle">
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">4.3</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">Standard Eni Refining Margin (SERM) &#8317;&#7491;&#8318;</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 7pt">$/bbl</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">8.7</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">11.0</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">(21)</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: middle">
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">4.30</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">Throughputs in Italy on own account</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 7pt">mmtonnes</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">4.08</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">4.24</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">(4)</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: middle">
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">2.62</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">Throughputs in the rest of World on own account</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">2.31</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">2.47</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">(6)</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: middle">
    <TD STYLE="padding-top: 2pt; font-size: 9pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">6.92</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 18px; font-weight: bold; text-align: left"><FONT STYLE="font-size: 9pt">Total throughputs on own account</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">6.39</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">6.71</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">(5)</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: middle">
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">78</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">Average refineries utilization rate</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 7pt">%</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">81</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">77</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: middle">
    <TD STYLE="border-top: Black 0.5pt solid; padding-top: 2pt; font-size: 9pt; padding-left: 27px; text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-top: 2pt; font-size: 9pt; padding-left: 18px; color: #0C6C90; font-weight: bold; text-align: left"><FONT STYLE="font-size: 9pt">Chemicals</FONT></TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-top: Black 0.5pt solid; padding-top: 2pt; font-size: 9pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-top: Black 0.5pt solid; padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-top: Black 0.5pt solid; padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: middle">
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">0.8</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">Sales of chemical products</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 7pt">mmtonnes</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">0.9</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">0.8</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">12</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: middle">
    <TD STYLE="border-bottom: Black 1pt solid; padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">48</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-top: 2pt; font-size: 9pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">Average plant utilization
    rate</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 7pt">%</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: Black 1pt solid; padding-top: 2pt; font-size: 9pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">57</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: Black 1pt solid; padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">52</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: Black 1pt solid; padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 9pt">
    <TD STYLE="padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-style: italic; vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 18px; color: #0C6C90; font-weight: bold; vertical-align: middle; text-align: left"><FONT STYLE="font-size: 9pt">Power</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: #0C6C90; font-size: 9pt; font-style: italic; vertical-align: middle; text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-style: italic; vertical-align: middle; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-style: italic; vertical-align: middle; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-style: italic; vertical-align: middle; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 9pt">
    <TD STYLE="border-bottom: Black 2.5pt double; padding-bottom: 2pt; padding-top: 2pt; font-size: 9pt; vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 9pt">5.14</FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double; padding-bottom: 2pt; padding-top: 2pt; font-size: 9pt; padding-left: 18px; vertical-align: middle; text-align: left"><FONT STYLE="font-size: 9pt">Thermoelectric
    production</FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double; padding-bottom: 2pt; padding-top: 2pt; font-size: 9pt; vertical-align: middle; text-align: right"><FONT STYLE="font-size: 7pt">TWh</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: Black 2.5pt double; padding-bottom: 2pt; padding-top: 2pt; font-size: 9pt; vertical-align: middle; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">5.05</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: Black 2.5pt double; padding-bottom: 2pt; padding-top: 2pt; font-size: 9pt; vertical-align: middle; text-align: right"><FONT STYLE="font-size: 9pt">5.27</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: Black 2.5pt double; padding-bottom: 2pt; padding-top: 2pt; font-size: 9pt; vertical-align: middle; text-align: right"><FONT STYLE="font-size: 9pt">(4)</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: middle">
    <TD STYLE="font-size: 9pt; color: #CC0000; font-weight: bold; text-align: center"><FONT STYLE="font-size: 3pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 9pt; color: #CC0000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 3pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-left: 9px; color: #CC0000; font-size: 9pt; font-weight: bold; font-style: italic; text-align: left"><FONT STYLE="font-size: 3pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 9pt; color: #CC0000; font-weight: bold; text-align: center"><FONT STYLE="font-size: 3pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 9pt; color: #CC0000; font-weight: bold; text-align: center"><FONT STYLE="font-size: 3pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 9pt; color: #CC0000; font-weight: bold; font-style: italic; text-align: center"><FONT STYLE="font-size: 3pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 8pt; vertical-align: middle">
    <TD COLSPAN="6" STYLE="font-size: 8pt; text-align: justify"><FONT STYLE="font-size: 7pt">(a) From January 1, 2024, the benchmark
    refining margin has been calculated based on a new methodology which considers a revised industrial set-up in connection with the
    planned restructuring of the Livorno plant and implemented optimizations of utilities consumption, as well as current trends in crude
    supplies building in a slate of both high-sulfur and low-sulfur crudes.</FONT></TD></TR>
  </TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.25in; text-align: justify; color: #0c6c90"><B>Refining</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 5pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 9pt; color: rgb(12,108,144)">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">In Q1 &rsquo;24, the <B>Standard
Eni Refining Margin</B> reported an average of 8.7 $/barrel vs. 11 $/barrel reported in the comparative period mainly due to the less
favorable products crack spreads.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 5pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 9pt; color: rgb(12,108,144)">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">In Q1 &rsquo;24, <B>throughputs
on own accounts </B>at Eni&rsquo;s refineries in Italy were 4.08 mmtonnes, representing a decrease of 4% when compared to the same period
of 2023, reflecting lower volumes processed at the Livorno refinery following the new set-up of the refinery. Throughputs outside Italy
decreased by 6% compared to Q1 &rsquo;23 following lower volumes processed in Adnoc Refinery due to planned shutdowns.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 5pt">&nbsp;</FONT></P>

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in; color: #0c6c90"><B>Chemicals</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 5pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 9pt; color: rgb(12,108,144)">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt"><B>Sales of chemical products</B>
were 0.9 mmtonnes in Q1 &rsquo;24, an increase compared to the same period of 2023, due to higher marketed volumes of intermediates.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 5pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 9pt; color: rgb(12,108,144)">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">In Q1 &rsquo;24 the <B>cracking
margin </B>decreased compared to the same period in 2023. Also margins on polyethylene and styrenics decreased, due to weak commodity
prices and competitive dynamics.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 5pt">&nbsp;</FONT></P>

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0.25in; color: #0c6c90"><B>Power</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 5pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 9pt; color: rgb(12,108,144)">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt"><B>Thermoelectric production</B>
amounted to 5.05 TWh in Q1 &rsquo;24, down by 4% year-on-year mainly due to a negative power market scenario.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 14; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="color: rgb(127,127,127); text-align: center; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->11<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #0c6c90">Results</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 9pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; font-size: 9pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">Q4&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-top: 2pt; font-size: 9pt; font-weight: bold; text-align: center"><FONT STYLE="font-size: 9pt">Q1&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 9pt">
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2pt; font-size: 9pt; font-weight: bold; vertical-align: middle; text-align: right; width: 9%"><FONT STYLE="font-size: 9pt">2023</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2pt; font-size: 9pt; vertical-align: bottom; text-align: center; width: 64%"><FONT STYLE="font-size: 9pt">(&euro;
    million)</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: black 1pt solid; padding-top: 2pt; font-size: 9pt; font-weight: bold; vertical-align: middle; text-align: right; background-color: #F2F2F2; width: 9%"><FONT STYLE="font-size: 9pt">2024</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: black 1pt solid; padding-top: 2pt; font-size: 9pt; font-weight: bold; vertical-align: middle; text-align: right; width: 9%"><FONT STYLE="font-size: 9pt">2023</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: black 1pt solid; padding-top: 2pt; font-size: 9pt; font-weight: bold; vertical-align: middle; text-align: right; width: 9%"><FONT STYLE="font-size: 9pt">%
    Ch.</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: middle">
    <TD STYLE="padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">(87)</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 18px; color: #0C6C90; font-weight: bold; text-align: left"><FONT STYLE="font-size: 9pt">Proforma adjusted
    EBIT</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">44</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">223</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">(80)</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: middle">
    <TD STYLE="padding-top: 2pt; font-size: 9pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">109</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 18px; font-style: italic; text-align: left"><FONT STYLE="font-size: 9pt">- Refining</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; font-style: italic; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">184</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">278</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">(34)</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: middle">
    <TD STYLE="padding-top: 2pt; font-size: 9pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">76</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 36px; font-style: italic; text-align: left"><FONT STYLE="font-size: 9pt">of which: main JV/Associates</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; font-style: italic; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">72</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">153</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">(53)</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: middle">
    <TD STYLE="padding-top: 2pt; font-size: 9pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">(237)</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 18px; font-style: italic; text-align: left"><FONT STYLE="font-size: 9pt">- Chemicals</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; font-style: italic; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">(168)</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">(109)</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">(54)</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: middle">
    <TD STYLE="border-bottom: Black 1pt solid; padding-top: 2pt; font-size: 9pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">41</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-top: 2pt; font-size: 9pt; padding-left: 18px; font-style: italic; text-align: left"><FONT STYLE="font-size: 9pt">-
    Power</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: Black 1pt solid; padding-top: 2pt; font-size: 9pt; font-style: italic; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">28</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: Black 1pt solid; padding-top: 2pt; font-size: 9pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">54</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: Black 1pt solid; padding-top: 2pt; font-size: 9pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">(48)</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: middle">
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">(1,423)</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">Operating profit (loss) of subsidiaries</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; font-style: italic; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">152</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">(380)</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: middle">
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">365</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">Exclusion of inventory holding (gains) losses</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">(262)</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">338</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: middle">
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">895</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">Exclusion of special items</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">82</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">112</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: middle">
    <TD STYLE="padding-top: 2pt; font-size: 9pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">(163)</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 18px; font-weight: bold; text-align: left"><FONT STYLE="font-size: 9pt">Adjusted operating profit (loss)
    of subsidiaries</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">(28)</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">70</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: middle">
    <TD STYLE="padding-top: 2pt; font-size: 9pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">(80)</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 18px; font-weight: bold; text-align: left"><FONT STYLE="font-size: 9pt">Adjusted profit (loss) before taxes</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">21</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">224</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">(91)</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: middle">
    <TD STYLE="padding-top: 2pt; font-size: 9pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">80</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 18px; font-style: italic; text-align: left"><FONT STYLE="font-size: 9pt">tax rate (%)</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; font-style: italic; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">..</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">24</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: middle">
    <TD STYLE="padding-top: 2pt; font-size: 9pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">(16)</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 18px; font-weight: bold; text-align: left"><FONT STYLE="font-size: 9pt">Adjusted net profit (loss)&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">33</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">171</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">(81)</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: middle">
    <TD STYLE="border-bottom: Black 2.5pt double; padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">242</FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double; padding-top: 2pt; font-size: 9pt; padding-left: 18px; color: #0C6C90; font-weight: bold; text-align: left"><FONT STYLE="font-size: 9pt">Capital
    expenditure</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: Black 2.5pt double; padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">111</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: Black 2.5pt double; padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">111</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: Black 2.5pt double; padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
  </TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center; color: #7f7f7f">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center; color: #7f7f7f">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 9pt; color: rgb(12,108,144)">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">In Q1 &rsquo;24, <B>Refining</B>
delivered a proforma adjusted Ebit of &euro;184 mln, down by 34% compared to the Q1 &rsquo;23 Ebit, due to lower refining margins across
all geographies and lower throughputs. The result included the Adnoc R&amp;GT contribution.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 5pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 9pt; color: rgb(12,108,144)">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">The <B>Chemical</B> business,
managed by Versalis, reported a proforma adjusted loss of &euro;168 mln in Q1 &rsquo;24, larger than the one incurred in Q1 &rsquo;23.
Result was negatively affected by lower demand across all business segments driven by a slowdown in the macro environment and comparatively
higher production costs in Europe, which reduced the competitiveness of Versalis productions with respect to US and Asian players in an
oversupplied market.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 5pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 9pt; color: rgb(12,108,144)">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">The <B>Power generation </B>business
from gas-fired plants reported a proforma adjusted Ebit of &euro;28 mln in Q1 &rsquo;24, down by 48% compared to the same period in 2023,
due to a decrease in the electricity price scenario and a lower demand expressed by the Italian Transmission System Operator in the ancillary
services market.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.25in; text-align: justify; text-indent: -0.25in">For the disclosure
on business segment special charges, see &ldquo;Special items&rdquo; in the Group results section.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 15; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="color: rgb(127,127,127); text-align: center; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->12<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<!-- Field: Split-Segment; Name: 03 -->
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%">
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="1" STYLE="font: bold 14pt Arial, Helvetica, Sans-Serif; padding-top: 4pt; background-color: rgb(11,107,144); color: white; padding-bottom: 4pt; padding-left: 8pt">Group consolidated and proforma results</TD></TR>
  </TABLE>


<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font: 12pt Arial, Helvetica, Sans-Serif">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 6pt; font-weight: bold; text-align: right; background-color: white"><FONT STYLE="font-size: 9pt">Q4&nbsp;</FONT></TD>
    <TD STYLE="padding-left: 18px; font-weight: bold; text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center"><FONT STYLE="font-size: 9pt">Q1&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 7pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-top: 3pt; padding-right: 6pt; font-weight: bold; vertical-align: middle; border-bottom: black 1pt solid; background-color: white; text-align: right; width: 9%"><FONT STYLE="font-size: 9pt">2023</FONT></TD>
    <TD STYLE="padding-top: 3pt; font-size: 9pt; vertical-align: bottom; border-bottom: Black 1pt solid; text-align: center; width: 64%"><FONT STYLE="font-size: 7pt">(&euro;
    million)</FONT></TD>
    <TD STYLE="padding-top: 3pt; border-bottom: black 1pt solid; padding-right: 6pt; font-weight: bold; vertical-align: middle; text-align: right; background-color: #F2F2F2; width: 9%"><FONT STYLE="font-size: 9pt">2024</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 6pt; font-weight: bold; vertical-align: middle; border-bottom: black 1pt solid; text-align: right; width: 9%"><FONT STYLE="font-size: 9pt">2023</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 7pt; font-weight: bold; vertical-align: middle; border-bottom: black 1pt solid; text-align: right; width: 9%"><FONT STYLE="font-size: 9pt">%
    Ch.</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 3pt; padding-right: 6pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">24,622</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-left: 18px; font-weight: bold; text-align: left"><FONT STYLE="font-size: 9pt">Sales from operations</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 6pt; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">22,936</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 6pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">27,185</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 7pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">(16)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 3pt; padding-right: 6pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">856</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-left: 18px; font-weight: bold; text-align: left"><FONT STYLE="font-size: 9pt">Operating profit (loss)</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 6pt; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">2,670</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 6pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">2,513</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 7pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">6</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 3pt; padding-right: 6pt; text-align: right"><FONT STYLE="font-size: 9pt">203</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">Exclusion of inventory holding (gains) losses</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 3pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">(56)</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 6pt; text-align: right"><FONT STYLE="font-size: 9pt">357</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 7pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 3pt; padding-right: 6pt; border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-size: 9pt">1,710</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-bottom: 1pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">Exclusion of special items <SUP>(a)</SUP></FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 6pt; border-bottom: Black 1pt solid; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">413</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 6pt; border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-size: 9pt">1,771</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 7pt; border-bottom: Black 1pt solid; padding-bottom: 0.5pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 3pt; padding-right: 6pt; text-align: right"><FONT STYLE="font-size: 9pt">2,769</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">Adjusted operating profit (loss)</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 6pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">3,027</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 6pt; text-align: right"><FONT STYLE="font-size: 9pt">4,641</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 7pt; text-align: right"><FONT STYLE="font-size: 9pt">(35)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 3pt; padding-right: 6pt; text-align: right"><FONT STYLE="font-size: 9pt">986</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">main JV/Associates adjusted EBIT</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 6pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">1,089</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 6pt; text-align: right"><FONT STYLE="font-size: 9pt">1,226</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 7pt; text-align: right"><FONT STYLE="font-size: 9pt">(11)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 3pt; padding-right: 6pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">3,755</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-left: 18px; color: #0C6C90; font-weight: bold; text-align: left"><FONT STYLE="font-size: 9pt">Proforma adjusted
    EBIT&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 6pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">4,116</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 6pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">5,867</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 7pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">(30)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 3pt; padding-right: 6pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">3,320</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-left: 18px; font-style: italic; text-align: left"><FONT STYLE="font-size: 9pt">E&amp;P</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 6pt; font-style: italic; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">3,320</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 6pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">3,831</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 7pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">(13)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 3pt; padding-right: 6pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">717</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-left: 18px; font-style: italic; text-align: left"><FONT STYLE="font-size: 9pt">Global Gas &amp; LNG Portfolio
    (GGP)</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 6pt; font-style: italic; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">325</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 6pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">1,420</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 7pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">(77)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 3pt; padding-right: 6pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">168</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-left: 18px; font-style: italic; text-align: left"><FONT STYLE="font-size: 9pt">Enilive and Plenitude</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 6pt; font-style: italic; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">420</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 6pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">270</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 7pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">56</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 3pt; padding-right: 6pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">(87)</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-left: 18px; font-style: italic; text-align: left"><FONT STYLE="font-size: 9pt">Refining, Chemicals and Power</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 6pt; font-style: italic; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">44</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 6pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">223</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 7pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">(80)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 3pt; padding-right: 6pt; border-bottom: Black 2.5pt double; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">(363)</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-bottom: 2.5pt; padding-left: 18px; font-style: italic; text-align: left"><FONT STYLE="font-size: 9pt">Corporate, other activities and
    consolidation adjustments</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 6pt; border-bottom: Black 2.5pt double; font-style: italic; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">7</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 6pt; border-bottom: Black 2.5pt double; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">123</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 7pt; border-bottom: Black 2.5pt double; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">(94)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-top: 3pt; padding-right: 6pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">3,189</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-left: 18px; color: #0C6C90; font-weight: bold; text-align: left"><FONT STYLE="font-size: 9pt">Adjusted profit
    (loss) before taxes</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 6pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">3,126</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 6pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">4,981</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 7pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">(37)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-top: 3pt; padding-right: 6pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">1,682</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-left: 18px; color: #0C6C90; font-weight: bold; text-align: left"><FONT STYLE="font-size: 9pt">Adjusted net profit
    (loss)</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 6pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">1,598</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 6pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">2,926</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 7pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">(45)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 3pt; padding-right: 6pt; border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">204</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-bottom: 1pt; padding-left: 18px; font-weight: bold; text-align: left"><FONT STYLE="font-size: 9pt">Net profit (loss)</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 6pt; border-bottom: Black 1pt solid; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">1,237</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 6pt; border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">2,407</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 7pt; border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">(49)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-top: 3pt; padding-right: 6pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">173</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-left: 18px; font-weight: bold; text-align: left"><FONT STYLE="font-size: 9pt">Net profit (loss) attributable to
    Eni's shareholders</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 6pt; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">1,211</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 6pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">2,388</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 7pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">(49)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 3pt; padding-right: 6pt; text-align: right"><FONT STYLE="font-size: 9pt">143</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">Exclusion of inventory holding (gains) losses</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 3pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">(41)</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 6pt; text-align: right"><FONT STYLE="font-size: 9pt">255</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 7pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 3pt; padding-right: 6pt; text-align: right"><FONT STYLE="font-size: 9pt">1,346</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">Exclusion of special items (a)</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 6pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">412</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 6pt; text-align: right"><FONT STYLE="font-size: 9pt">264</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 7pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-top: 3pt; padding-right: 6pt; border-bottom: Black 2.5pt double; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">1,662</FONT></TD>
    <TD STYLE="padding-top: 3pt; border-bottom: Black 2.5pt double; padding-left: 18px; color: #0C6C90; font-weight: bold; text-align: left"><FONT STYLE="font-size: 9pt">Adjusted
    net profit (loss) attributable to Eni's shareholders&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 6pt; border-bottom: Black 2.5pt double; color: #0C6C90; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">1,582</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 6pt; border-bottom: Black 2.5pt double; color: #0C6C90; font-weight: bold; text-align: right; background-color: white"><FONT STYLE="font-size: 9pt">2,907</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 7pt; border-bottom: Black 2.5pt double; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">(46)</FONT></TD></TR>
  </TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 3pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 7pt">(a) For further information see table
 &quot;Breakdown of special items&quot;.</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 9pt; color: rgb(12,108,144)">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">In Q1 &rsquo;24, the Group reported
<B>proforma adjusted Ebit</B> of &euro;4,116 mln, down 30% compared to Q1 &rsquo;23, driven by a lower GGP result (down 77% to &euro;325
mln) due to tough comparison as the Q1 &rsquo;23 was characterized by exceptional market conditions, and E&amp;P result (down 13% to &euro;3,320
mln) due to lower natural gas prices. Results were impacted also by the contraction of the Refining, Chemicals and Power proforma adjusted
Ebit (down &euro;179 mln) due to lower refining margins across all geographies and a decline in chemical products margins. These negatives
were partly offset by a positive Enilive and Plenitude performance (up 56% to &euro;420 mln) due to positive results in the retail fuel
and energy markets and the ramp-up in renewable installed capacity and related production volumes.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 5pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 9pt; color: rgb(12,108,144)">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">In Q1 &rsquo;24 <B>adjusted net
profit attributable to Eni&rsquo;s shareholders </B>was &euro;1,582 mln, &euro;1,325 mln lower than the Q1 &rsquo;23, or 46%, due to a
lowered operating performance and a decline in equity results of the main JV/associates reflecting a deteriorated natural gas and products
scenario.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 5pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 9pt; color: rgb(12,108,144)">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt"><B>Group&rsquo;s tax rate</B>:
in Q1 &rsquo;24 the adjusted tax rate increased by around 8 percentage points compared to the same period &rsquo;23, to about 49%, because
of a less favorable business and geographic profit mix (in terms of an increasing share of taxable income in countries with a higher tax
rate reflecting a reduced taxable profit at Italian subsidiaries) and the impact of lower gas prices in the Upstream.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 16; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="color: rgb(127,127,127); text-align: center; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->13<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 13pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #0c6c90">Net borrowings and cash flow from operations</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font: 12pt Arial, Helvetica, Sans-Serif">
  <TR>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; font-weight: bold; vertical-align: bottom; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Q4&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; vertical-align: bottom"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; vertical-align: middle"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-top: 2pt; font-weight: bold; vertical-align: middle; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Q1&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; font-size: 9pt; vertical-align: bottom"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; font-weight: bold; vertical-align: bottom; border-bottom: black 1pt solid; text-align: right; width: 9%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">2023</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; vertical-align: bottom; border-bottom: black 1pt solid; text-align: center; width: 64%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 7pt">(&euro;
    million)&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-weight: bold; vertical-align: middle; border-bottom: black 1pt solid; text-align: right; width: 1%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-weight: bold; vertical-align: middle; border-bottom: black 1pt solid; text-align: right; background-color: #F2F2F2; width: 8%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">2024</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-weight: bold; vertical-align: middle; border-bottom: black 1pt solid; text-align: right; width: 9%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">2023</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; font-weight: bold; vertical-align: middle; border-bottom: black 1pt solid; text-align: right; width: 9%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Change</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">204</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; color: #0C6C90; font-weight: bold; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Net
    profit (loss)</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">1,237</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">2,407</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">(1,170)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; padding-top: 12pt; font-style: italic; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 12pt; padding-left: 18px; font-style: italic; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Adjustments
    to reconcile net profit (loss) to net cash provided by operating activities:&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 12pt; font-style: italic; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 12pt; font-style: italic; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 12pt; font-style: italic; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 12pt; font-style: italic; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">3,263</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">- depreciation,
    depletion and amortization and other non monetary items</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">1,908</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">1,171</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">737</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">(12)</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">- net gains
    on disposal of assets</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">(19)</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">(408)</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">389</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">973</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">- dividends,
    interests and taxes</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">1,709</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">1,302</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">407</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">657</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Changes
    in working capital related to operations</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">(1,865)</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">(293)</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">(1,572)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">573</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Dividends
    received by equity investments</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">558</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">560</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">(2)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">(1,516)</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Taxes paid</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">(1,336)</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">(1,540)</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">204</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">33</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Interests
    (paid) received</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">(288)</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">(217)</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">(71)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">4,175</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; color: #0C6C90; font-weight: bold; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Net
    cash provided by operating activities</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; padding-right: 2pt; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: #F2F2F2; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">1,904</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">2,982</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; padding-right: 3pt; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">(1,078)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">(2,666)</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Capital
    expenditure</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">(1,931)</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">(2,119)</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">188</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">(722)</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Investments
    and acquisitions</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">(1,761)</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">(645)</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">(1,116)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">56</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Disposal
    of consolidated subsidiaries, businesses, tangible and intangible assets and investments</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">228</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">445</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">(217)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">(369)</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Other
    cash flow related to investing activities <SUP>(a)</SUP></FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">81</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">(212)</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">293</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">474</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; color: #0C6C90; font-weight: bold; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Free
    cash flow</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: white"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">(1,479)</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: white"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">451</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: white"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">(1,930)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">1,173</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Net
    cash inflow (outflow) related to financial activities <SUP>(a)</SUP></FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">(131)</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">752</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">(883)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">963</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; text-align: left; background-color: white"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Changes
    in short and long-term financial debt</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">1,116</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">(139)</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">1,255</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">(293)</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; text-align: left; background-color: white"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Repayment
    of lease liabilities</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">(309)</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">(247)</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">(62)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">(1,547)</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Dividends
    paid, share repurchases, changes in non-controlling interests and reserves</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">(578)</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">(781)</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">203</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 2pt; padding-right: 3pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">(51)</FONT></TD>
    <TD STYLE="padding-bottom: 2pt; padding-top: 2pt; padding-left: 18px; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Interest
    payment of perpetual hybrid bond</FONT></TD>
    <TD STYLE="padding-bottom: 2pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 2pt; padding-right: 2pt; padding-top: 2pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">(39)</FONT></TD>
    <TD STYLE="padding-bottom: 2pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">(39)</FONT></TD>
    <TD STYLE="padding-bottom: 2pt; padding-right: 3pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: Black 1pt solid; padding-bottom: 4pt; padding-right: 3pt; padding-top: 4pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">(87)</FONT></TD>
    <TD STYLE="padding-top: 4pt; padding-bottom: 4pt; padding-left: 18px; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Effect
    of changes in consolidation and exchange differences of cash and cash equivalent&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-bottom: 4pt; padding-top: 4pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-bottom: 4pt; padding-right: 2pt; padding-top: 4pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">16</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-bottom: 4pt; padding-top: 4pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">(32)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-bottom: 4pt; padding-right: 3pt; padding-top: 4pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">48</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">632</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; color: #0C6C90; font-weight: bold; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">NET
    INCREASE (DECREASE) IN CASH AND CASH EQUIVALENT</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">(1,404)</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">(35)</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">(1,369)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; border-top: Black 2.5pt double; border-bottom: Black 2.5pt double; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">3,606</FONT></TD>
    <TD STYLE="padding-top: 2pt; border-top: Black 2.5pt double; border-bottom: Black 2.5pt double; padding-left: 18px; color: #0C6C90; font-weight: bold; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Adjusted
    net cash before changes in working capital at replacement cost&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; border-top: Black 2.5pt double; border-bottom: Black 2.5pt double; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; border-top: Black 2.5pt double; border-bottom: Black 2.5pt double; color: #0C6C90; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">3,896</FONT></TD>
    <TD STYLE="padding-top: 2pt; border-top: Black 2.5pt double; border-bottom: Black 2.5pt double; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">5,291</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; border-top: Black 2.5pt double; border-bottom: Black 2.5pt double; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">(1,395)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; padding-top: 7pt; font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Q4&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 7pt; padding-left: 18px; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 7pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-top: 7pt; font-weight: bold; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Q1&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 7pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; font-weight: bold; vertical-align: bottom; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">2023</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; vertical-align: bottom; border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">(&euro;
    million)</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-weight: bold; vertical-align: middle; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-weight: bold; vertical-align: middle; border-bottom: black 1pt solid; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">2024</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-weight: bold; vertical-align: middle; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">2023</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; font-weight: bold; vertical-align: middle; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Change</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">474</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; color: #0C6C90; font-weight: bold; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Free
    cash flow</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">(1,479)</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">451</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">(1,930)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">(293)</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Repayment
    of lease liabilities</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">(309)</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">(247)</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">(62)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">(234)</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Net borrowings
    of acquired companies</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">(787)</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">(787)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Net borrowings
    of divested companies</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">(147)</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">147</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">(569)</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Exchange
    differences on net borrowings and other changes <SUP>(b)</SUP></FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">(130)</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">(7)</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">(123)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">(1,547)</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Dividends
    paid and changes in non-controlling interest and reserves</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">(578)</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">(781)</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">203</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">(51)</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Interest
    payment of perpetual hybrid bond</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">(39)</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">(39)</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">(2,220)</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; color: #0C6C90; font-weight: bold; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">CHANGE
    IN NET BORROWINGS BEFORE LEASE LIABILITIES</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">(3,322)</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">(770)</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">(2,552)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">293</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Repayment
    of lease liabilities</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">309</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">247</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">62</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">(730)</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Inception
    of new leases and other changes</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">(387)</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">(134)</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">(253)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; color: #0C6C90; font-weight: bold; border-bottom: Black 2pt double; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">(2,657)</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; color: #0C6C90; font-weight: bold; border-bottom: Black 2pt double; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">CHANGE
    IN NET BORROWINGS AFTER LEASE LIABILITIES</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: #0C6C90; font-weight: bold; border-bottom: Black 2pt double; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; color: #0C6C90; font-weight: bold; border-bottom: Black 2pt double; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">(3,400)</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: #0C6C90; font-weight: bold; border-bottom: Black 2pt double; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">(657)</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; color: #0C6C90; font-weight: bold; border-bottom: Black 2pt double; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">(2,743)</FONT></TD></TR>
  </TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="text-align: justify; font: 11pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-size: 7pt">(a)
Due to the reclassification effective January 1, 2024, of certain loans granted to non-consolidated entities as financing receivables
(previously they were stated as invested capital), changes in those financing receivables have been consistently classified as cash flow
from financing activities (previously they were classified as cash flow from investing activities).</FONT></P>

<P STYLE="text-align: justify; font: 11pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-size: 7pt">(b)
Includes payables due to suppliers recognized as financing payables because of the deferral of payment terms and incurred in connection
with expenditures to purchase plant and equipment (&euro;272 million and &euro;85 million in the first quarter 2024 and 2023).</FONT></P>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><B>Net cash provided by operating activities</B>
in the Q1 &rsquo;24 was &euro;1,904 mln and included &euro;558 mln of dividends distributed from investments, mainly Azule Energy, V&aring;r
Energi and Adnoc R&amp;GT.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">The working capital absorbed about &euro;2 bln of
funds, because of the seasonality in sales of natural gas leading to a peak amount of trade receivables at the end of the first quarter,
a slowdown in cash initiatives, the restocking of products following a drawdown at the end of 2023 due to then favorable pricing trends,
and temporary delays in collecting cash calls from joint operators and receivables for cost recovery owed us by first parties. Those outflows
were partly offset by a lower fund requirement due to the circumstance that in Italy the payments of excise taxes on fuel sales of the
first part of the new year is brought forward to December.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 7pt">&nbsp;</FONT></P>

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><B>Cash flow from operating activities before changes
in working capital at replacement cost</B> was &euro;3,896 mln in the Q1 &rsquo;24 and was net of the following items: inventory holding
gains or losses relating to oil and products, the reversing timing difference between gas inventories accounted at weighted average cost
and management&rsquo;s own measure of performance leveraging inventories to optimize margin, the fair value of commodity derivatives lacking
the formal criteria to be designated as hedges or prorated on an accrual basis.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 17; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="color: rgb(127,127,127); text-align: center; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->14<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">A reconciliation of <B>cash flow from operations
before changes in working capital at replacement cost</B> to net cash provided by operating activities is provided below:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font: 12pt Arial, Helvetica, Sans-Serif">
  <TR>
    <TD STYLE="padding-bottom: 1pt; padding-top: 2pt; font-weight: bold; vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 9pt">Q4&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; padding-top: 2pt; padding-left: 18px; vertical-align: bottom; text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-bottom: 1pt; padding-top: 2pt; font-weight: bold; vertical-align: middle; text-align: center"><FONT STYLE="font-size: 9pt">Q1&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-bottom: 1pt; padding-top: 2pt; font-weight: bold; vertical-align: middle; text-align: center"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: Black 1pt solid; padding-bottom: 1pt; padding-top: 2pt; font-weight: bold; vertical-align: bottom; text-align: right; width: 9%"><FONT STYLE="font-size: 9pt">2023</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-bottom: 1pt; padding-top: 2pt; font-size: 9pt; vertical-align: bottom; text-align: center; width: 64%"><FONT STYLE="font-size: 7pt">(&euro;
    million)&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-bottom: 1pt; padding-top: 2pt; font-weight: bold; vertical-align: middle; text-align: right; width: 9%"><FONT STYLE="font-size: 9pt">2024</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-bottom: 1pt; padding-top: 2pt; font-weight: bold; vertical-align: middle; text-align: right; width: 9%"><FONT STYLE="font-size: 9pt">2023</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 3pt; padding-bottom: 1pt; padding-top: 2pt; font-weight: bold; vertical-align: middle; text-align: right; width: 9%"><FONT STYLE="font-size: 9pt">Change</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-bottom: 1pt; padding-top: 2pt; text-align: right; background-color: white"><FONT STYLE="font-size: 9pt">4,175</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; padding-top: 2pt; padding-left: 18px; text-align: left; background-color: white"><FONT STYLE="font-size: 9pt">Net cash provided by operating
    activities</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; padding-top: 2pt; text-align: right; background-color: #EDEDED"><FONT STYLE="font-size: 9pt">1,904</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; padding-top: 2pt; text-align: right; background-color: white"><FONT STYLE="font-size: 9pt">2,982</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-bottom: 1pt; padding-top: 2pt; text-align: right; background-color: white"><FONT STYLE="font-size: 9pt">(1,078)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-bottom: 1pt; padding-top: 2pt; text-align: right; background-color: white"><FONT STYLE="font-size: 9pt">(657)</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; padding-top: 2pt; padding-left: 18px; text-align: left; background-color: white"><FONT STYLE="font-size: 9pt">Changes in working capital
    related to operations</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; padding-top: 2pt; text-align: right; background-color: #EDEDED"><FONT STYLE="font-size: 9pt">1,865</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; padding-top: 2pt; text-align: right; background-color: white"><FONT STYLE="font-size: 9pt">293</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-bottom: 1pt; padding-top: 2pt; text-align: right; background-color: white"><FONT STYLE="font-size: 9pt">1,572</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-bottom: 1pt; padding-top: 2pt; text-align: right; background-color: white"><FONT STYLE="font-size: 9pt">23</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; padding-top: 2pt; padding-left: 18px; text-align: left; background-color: white"><FONT STYLE="font-size: 9pt">Exclusion of commodity derivatives</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; padding-top: 2pt; text-align: right; background-color: #EDEDED"><FONT STYLE="font-size: 9pt">210</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; padding-top: 2pt; text-align: right; background-color: white"><FONT STYLE="font-size: 9pt">1,247</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-bottom: 1pt; padding-top: 2pt; text-align: right; background-color: white"><FONT STYLE="font-size: 9pt">(1,037)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-bottom: 1pt; padding-top: 2pt; text-align: right; background-color: white"><FONT STYLE="font-size: 9pt">203</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; padding-top: 2pt; padding-left: 18px; text-align: left; background-color: white"><FONT STYLE="font-size: 9pt">Exclusion of inventory holding
    (gains) losses</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; padding-top: 2pt; text-align: right; background-color: #EDEDED"><FONT STYLE="font-size: 9pt">(56)</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; padding-top: 2pt; text-align: right; background-color: white"><FONT STYLE="font-size: 9pt">357</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-bottom: 1pt; padding-top: 2pt; text-align: right; background-color: white"><FONT STYLE="font-size: 9pt">(413)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-bottom: 1pt; padding-top: 2pt; font-weight: bold; text-align: right; background-color: white"><FONT STYLE="font-size: 9pt">3,744</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; padding-top: 2pt; padding-left: 18px; font-weight: bold; text-align: left; background-color: white"><FONT STYLE="font-size: 9pt">Net cash
    before changes in working capital at replacement cost&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; padding-top: 2pt; font-weight: bold; text-align: right; background-color: #EDEDED"><FONT STYLE="font-size: 9pt">3,923</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; padding-top: 2pt; font-weight: bold; text-align: right; background-color: white"><FONT STYLE="font-size: 9pt">4,879</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-bottom: 1pt; padding-top: 2pt; text-align: right; background-color: white"><FONT STYLE="font-size: 9pt">(956)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-bottom: 1pt; padding-top: 2pt; text-align: right; background-color: white"><FONT STYLE="font-size: 9pt">(138)</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; padding-top: 2pt; padding-left: 18px; text-align: left; background-color: white"><FONT STYLE="font-size: 9pt">Provisions for extraordinary
    credit losses and other items</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; padding-top: 2pt; text-align: right; background-color: #EDEDED"><FONT STYLE="font-size: 9pt">(27)</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; padding-top: 2pt; text-align: right; background-color: white"><FONT STYLE="font-size: 9pt">412</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-bottom: 1pt; padding-top: 2pt; text-align: right; background-color: white"><FONT STYLE="font-size: 9pt">(439)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: Black 2.5pt double; padding-bottom: 1pt; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: white"><FONT STYLE="font-size: 9pt">3,606</FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double; padding-bottom: 1pt; padding-top: 2pt; padding-left: 18px; color: #0C6C90; font-weight: bold; text-align: left"><FONT STYLE="font-size: 9pt">Adjusted
    net cash before changes in working capital at replacement cost&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double; padding-bottom: 1pt; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: #EDEDED"><FONT STYLE="font-size: 9pt">3,896</FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double; padding-bottom: 1pt; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: white"><FONT STYLE="font-size: 9pt">5,291</FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double; padding-right: 3pt; padding-bottom: 1pt; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: white"><FONT STYLE="font-size: 9pt">(1,395)</FONT></TD></TR>
  </TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><B>Organic capex</B> was &euro;1.99 bln in the Q1
 &rsquo;24 (down 10.1% y-o-y). Net of organic capex, the free cash flow ante working capital was &euro;1.9 bln.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 5pt">&nbsp;</FONT></P>

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><B>Cash outflows for acquisitions net of divestments</B>
were about &euro;1.7 bln and mainly related to the acquisition of Neptune Energy (&euro;2.3 bln including acquired net debt) and Plenitude&rsquo;s
renewable assets, partly offset by the divestment of Eni&rsquo;s production licenses in Congo to Perenco, as well as the Plenitude capital
contribution of &euro;0.6 bln following the finalization of the agreement with the EIP fund who acquired a minority interest (7.6%).</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 5pt">&nbsp;</FONT></P>

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">Net financial borrowings before IFRS 16 increased
by around &euro;3.3 bln due to the adjusted operating cash flow (&euro;3.9 bln), capex requirements of &euro;2 bln, working capital needs
(around &euro;2 bln), dividend payments to Eni&rsquo;s shareholders and share repurchases of &euro;1.2 bln, the net cash outflow related
to acquisitions and divestments (&euro;1.7 bln), as well as the payment of lease liabilities and hybrid bond interest (&euro;0.3 bln).</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 18; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="color: rgb(127,127,127); text-align: center; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->15<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 13pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #0c6c90">Summarized Group Balance Sheet</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font: 12pt Arial, Helvetica, Sans-Serif">
  <TR>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; vertical-align: bottom; border-bottom: Black 1pt solid; text-align: center; width: 50%; padding-bottom: 1pt"><FONT STYLE="font-size: 7pt">(&euro;
    million)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-top: 2pt; font-weight: bold; vertical-align: middle; text-align: right; width: 10%; padding-bottom: 6pt"><FONT STYLE="font-size: 8pt">Dec.
    31, 2023</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-top: 2pt; font-weight: bold; vertical-align: middle; text-align: right; width: 11%; padding-bottom: 6pt"><FONT STYLE="font-size: 8pt">Reclassification
    <BR>
to financing<BR>
 receivables <SUP>(a)</SUP></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 2pt; padding-top: 2pt; font-weight: bold; vertical-align: middle; text-align: right; width: 9%; padding-bottom: 6pt"><FONT STYLE="font-size: 8pt">Jan.
    1, 2024</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 2pt; padding-top: 2pt; font-weight: bold; vertical-align: middle; text-align: right; background-color: #F2F2F2; width: 12%; padding-bottom: 6pt"><FONT STYLE="font-size: 8pt">March
    31, 2024</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 2pt; padding-top: 2pt; font-weight: bold; vertical-align: middle; text-align: center; width: 8%; padding-bottom: 6pt"><FONT STYLE="font-size: 8pt">Change</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-top: 2pt; vertical-align: bottom; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-weight: bold; vertical-align: middle; text-align: right; background-color: white; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-weight: bold; vertical-align: middle; text-align: right; background-color: white; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-weight: bold; vertical-align: middle; text-align: right; background-color: white; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-weight: bold; vertical-align: middle; text-align: right; background-color: #F2F2F2; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-weight: bold; vertical-align: middle; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-left: 18px; color: #0C6C90; font-weight: bold; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">Fixed assets</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: #0C6C90; text-align: right; background-color: white; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: #0C6C90; text-align: right; background-color: white; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; color: #0C6C90; text-align: right; background-color: white; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: #F2F2F2; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-left: 27px; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">Property,&nbsp;&nbsp;plant and equipment&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; background-color: white; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">56,299</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; background-color: white; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right; background-color: white; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">56,299</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right; background-color: #F2F2F2; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">59,996</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">3,697</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-left: 27px; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">Right of use</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; background-color: white; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">4,834</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; background-color: white; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right; background-color: white; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">4,834</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right; background-color: #F2F2F2; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">4,891</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">57</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-left: 27px; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">Intangible assets</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; background-color: white; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">6,379</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; background-color: white; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right; background-color: white; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">6,379</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right; background-color: #F2F2F2; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">6,407</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">28</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-left: 27px; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">Inventories - Compulsory stock</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; background-color: white; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">1,576</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; background-color: white; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right; background-color: white; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">1,576</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right; background-color: #F2F2F2; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">1,596</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">20</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-left: 27px; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">Equity-accounted investments and other investments</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; background-color: white; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">13,886</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; background-color: white; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right; background-color: white; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">13,886</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right; background-color: #F2F2F2; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">14,777</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">891</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-left: 27px; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">Receivables financing and securities held for operating
    purposes</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; background-color: white; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">2,335</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; background-color: white; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">(1,339)</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right; background-color: white; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">996</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right; background-color: #F2F2F2; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">1,073</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">77</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-left: 27px; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">Net payables related to capital expenditure</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-top: 2pt; text-align: right; background-color: white; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">(2,031)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-top: 2pt; text-align: right; background-color: white; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 2pt; padding-top: 2pt; text-align: right; background-color: white; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">(2,031)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 2pt; padding-top: 2pt; text-align: right; background-color: #F2F2F2; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">(2,314)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 2pt; padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">(283)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-left: 27px; color: #0C6C90; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: white; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">83,278</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: white; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">(1,339)</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: white; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">81,939</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: #F2F2F2; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">86,426</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">4,487</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-left: 18px; color: #0C6C90; font-weight: bold; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">Net working capital</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: #C00000; font-weight: bold; text-align: right; background-color: white; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: #C00000; font-weight: bold; text-align: right; background-color: white; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; color: #C00000; font-weight: bold; text-align: right; background-color: white; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; color: #C00000; font-weight: bold; text-align: right; background-color: #F2F2F2; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; color: #C00000; font-weight: bold; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-left: 27px; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">Inventories</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; background-color: white; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">6,186</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; background-color: white; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right; background-color: white; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">6,186</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right; background-color: #F2F2F2; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">6,283</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">97</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-left: 27px; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">Trade receivables</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; background-color: white; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">13,184</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; background-color: white; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right; background-color: white; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">13,184</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right; background-color: #F2F2F2; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">13,195</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">11</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-left: 27px; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">Trade payables</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; background-color: white; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">(14,231)</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; background-color: white; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right; background-color: white; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">(14,231)</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right; background-color: #F2F2F2; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">(12,728)</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">1,503</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-left: 27px; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">Net tax assets (liabilities)</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; background-color: white; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">(2,112)</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; background-color: white; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right; background-color: white; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">(2,112)</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right; background-color: #F2F2F2; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">(3,436)</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">(1,324)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-left: 27px; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">Provisions</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; background-color: white; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">(15,533)</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; background-color: white; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right; background-color: white; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">(15,533)</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right; background-color: #F2F2F2; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">(16,508)</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">(975)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-left: 27px; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">Other current assets and liabilities</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-top: 2pt; text-align: right; background-color: white; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">(892)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-top: 2pt; text-align: right; background-color: white; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 2pt; padding-top: 2pt; text-align: right; background-color: white; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">(892)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 2pt; padding-top: 2pt; text-align: right; background-color: #F2F2F2; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">393</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 2pt; padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">1,285</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-left: 18px; color: #C00000; font-weight: bold; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: white; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">(13,398)</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: white; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: white; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">(13,398)</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: #F2F2F2; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">(12,801)</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">597</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-left: 18px; color: #0C6C90; font-weight: bold; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">Provisions for employee
    benefits</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: white; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">(748)</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: white; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: white; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">(748)</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: #F2F2F2; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">(782)</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">(34)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 4pt; padding-left: 18px; color: #0C6C90; font-weight: bold; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">Assets held for
    sale including related liabilities</FONT></TD>
    <TD STYLE="padding-top: 4pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: white; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">747</FONT></TD>
    <TD STYLE="padding-top: 4pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: white; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 4pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: white; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">747</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 4pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: #F2F2F2; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">562</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 4pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: white; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">(185)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-left: 18px; color: #0C6C90; font-weight: bold; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">CAPITAL EMPLOYED,
    NET</FONT></TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-top: 2pt; color: #0C6C90; font-weight: bold; border-bottom: Black 1pt solid; text-align: right; background-color: white; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">69,879</FONT></TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-top: 2pt; color: #0C6C90; font-weight: bold; border-bottom: Black 1pt solid; text-align: right; background-color: white; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">(1,339)</FONT></TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-right: 2pt; padding-top: 2pt; color: #0C6C90; font-weight: bold; border-bottom: Black 1pt solid; text-align: right; background-color: white; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">68,540</FONT></TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-right: 2pt; padding-top: 2pt; color: #0C6C90; font-weight: bold; border-bottom: Black 1pt solid; text-align: right; background-color: #F2F2F2; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">73,405</FONT></TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-right: 2pt; padding-top: 2pt; color: #0C6C90; font-weight: bold; border-bottom: Black 1pt solid; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">4,865</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-left: 18px; font-weight: bold; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; background-color: white; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; background-color: white; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right; background-color: white; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right; background-color: #F2F2F2; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-left: 18px; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">Eni's shareholders equity</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; background-color: white; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">53,184</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; background-color: white; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right; background-color: white; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">53,184</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right; background-color: #F2F2F2; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">54,244</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">1,060</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-left: 18px; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">Non-controlling interest</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; background-color: white; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">460</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; background-color: white; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right; background-color: white; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">460</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right; background-color: #F2F2F2; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">865</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">405</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-left: 18px; color: #0C6C90; font-weight: bold; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">Shareholders' equity</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: white; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">53,644</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: white; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: white; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">53,644</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: #F2F2F2; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">55,109</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">1,465</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-left: 18px; color: #0C6C90; font-weight: bold; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">Net borrowings before
    lease liabilities ex IFRS 16</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: white; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">10,899</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: white; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">(1,339)</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: white; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">9,560</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: #F2F2F2; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">12,882</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">3,322</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-left: 18px; color: #0C6C90; font-weight: bold; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">Lease liabilities</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: white; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">5,336</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: white; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: white; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">5,336</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: #F2F2F2; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">5,414</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">78</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-left: 18px; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">- of which Eni working interest</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">4,856</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">4,856</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right; background-color: #F2F2F2; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">4,934</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">78</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-left: 18px; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">- of which Joint operators' working interest</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">480</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">480</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right; background-color: #F2F2F2; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">480</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-left: 18px; color: #0C6C90; font-weight: bold; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">Net borrowings after
    lease liabilities ex IFRS 16</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: white; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">16,235</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: white; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">(1,339)</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: white; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">14,896</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: #F2F2F2; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">18,296</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">3,400</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-left: 18px; color: #0C6C90; font-weight: bold; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">TOTAL LIABILITIES
    AND SHAREHOLDERS' EQUITY</FONT></TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-top: 2pt; color: #0C6C90; font-weight: bold; border-bottom: Black 1pt solid; text-align: right; background-color: white; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">69,879</FONT></TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-top: 2pt; color: #0C6C90; font-weight: bold; border-bottom: Black 1pt solid; text-align: right; background-color: white; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">(1,339)</FONT></TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-right: 2pt; padding-top: 2pt; color: #0C6C90; font-weight: bold; border-bottom: Black 1pt solid; text-align: right; background-color: white; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">68,540</FONT></TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-right: 2pt; padding-top: 2pt; color: #0C6C90; font-weight: bold; border-bottom: Black 1pt solid; text-align: right; background-color: #F2F2F2; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">73,405</FONT></TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-right: 2pt; padding-top: 2pt; color: #0C6C90; font-weight: bold; border-bottom: Black 1pt solid; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">4,865</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-left: 18px; font-weight: bold; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">Leverage before lease liabilities
    ex IFRS 16</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-weight: bold; text-align: right; background-color: white; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">0.20</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-weight: bold; text-align: right; background-color: white; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-weight: bold; text-align: right; background-color: white; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-weight: bold; text-align: right; background-color: #F2F2F2; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">0.23</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-weight: bold; text-align: right; background-color: white; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-left: 18px; font-weight: bold; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">Leverage after lease liabilities
    ex IFRS 16</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-weight: bold; text-align: right; background-color: white; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">0.30</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-weight: bold; text-align: right; background-color: white; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-weight: bold; text-align: right; background-color: white; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-weight: bold; text-align: right; background-color: #F2F2F2; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">0.33</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-weight: bold; text-align: right; background-color: white; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-left: 18px; font-weight: bold; border-bottom: Black 2pt double; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">Gearing</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-weight: bold; border-bottom: Black 2pt double; text-align: right; background-color: white; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">0.23</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-weight: bold; border-bottom: Black 2pt double; text-align: right; background-color: white; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-weight: bold; border-bottom: Black 2pt double; text-align: right; background-color: white; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-weight: bold; border-bottom: Black 2pt double; text-align: right; background-color: #F2F2F2; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">0.25</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-weight: bold; border-bottom: Black 2pt double; text-align: right; background-color: white; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
  </TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 3pt">&nbsp;</FONT></P>

<P STYLE="text-align: justify; font: 11pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-size: 7pt">(a)
From January 1, 2024, considering Eni&rsquo;s strategy based on the satellite model which envisages an increasing autonomy of non-consolidated
entities, loans granted to certain JVs, previously classified as invested capital, have been reclassified as long-term financing receivables
because it has been recognized that Eni is&nbsp;&nbsp;exposed to a credit risk. Therefore, such financing receivables have been netted
against gross finance debt to determine Eni&rsquo;s net borrowings and to calculate the Group leverage. This new classification has been
made by restating the opening balance of the group statement of financial position as of January 1, 2024.</FONT></P>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">As of March&nbsp;31, 2024, <B>fixed assets </B>(&euro;86.4
bln) increased by &euro;4.5 bln from January&nbsp;1, 2024, due to capital expenditures and the acquisition of the Neptune Energy Group,
as well as positive exchange rate translation differences (the period-end exchange rate of EUR vs. USD was 1.081, down 2.2% compared to
1.105 as of December&nbsp;31, 2023), thus increasing the book values of dollar-denominated assets and DD&amp;A, impairment charges and
write-offs.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><B>Net working capital </B>(-&euro;12.8 bln) increased
by &euro;0.6 bln from January&nbsp;1, 2024, due to fair value changes of derivative instruments and decreased balance between trade receivables
and trade payables (&euro;1.5 bln), partly offset by increasing tax payables (up by &euro;1.3 bln) as in Italy the payments of excise
taxes on fuel sales of the first part of the new fiscal year is brought forward to December&nbsp;of the previous year.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><B>Shareholders&rsquo; equity </B>(&euro;55.1 bln)
increased by &euro;1.5 bln compared to January&nbsp;1, 2024, due to the net profit for the period (&euro;1.2 bln) and positive foreign
currency translation differences (about &euro;1.1 bln) reflecting the appreciation of the USD vs. EUR, partly offset by shareholders remuneration
of &euro;1.2 bln (dividend distribution and share buy-back).</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 9pt"><B>Net borrowings</B>&nbsp;<SUP>4
</SUP>before lease liabilities as of March&nbsp;31, 2024, amounted to &euro;12.9 bln, up by approximately &euro;3.3 bln from January&nbsp;1,
2024.</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 9pt"><B>Leverage</B></FONT><FONT STYLE="font-size: 9pt"><SUP>&nbsp;5</SUP>
 &ndash; the ratio of the borrowings to total equity calculated before the impact of IFRS 16 &ndash; was 0.23 on March&nbsp;31, 2024.</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<!-- Field: Rule-Page --><DIV STYLE="margin-top: 0pt; margin-bottom: 3pt; width: 25%"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<P STYLE="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 7pt">4 Details on net borrowings are furnished
on page 28.</FONT></P>

<P STYLE="text-align: justify; font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 7pt">5 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 20 and subsequent.</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 19; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="color: rgb(127,127,127); text-align: center; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->16<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 13pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #0c6c90">Special items</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">The breakdown of <B>special items recorded in operating
profit</B> by segment (net charges of &euro;413 mln in Q1 &rsquo;24) is as follows:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 5pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 9pt; color: rgb(12,108,144)">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt"><B>E&amp;P:</B> net charges of
 &euro;109 mln mainly related to extraordinary one-off charges and property taxes following the Neptune acquisition (&euro;83 mln) and
credit loss provisions (&euro;30 mln).</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 5pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 9pt; color: rgb(12,108,144)">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt"><B>GGP:</B> net charges of &euro;403
mln relating to the accounting effect of certain fair-valued commodity derivatives lacking the formal criteria to be classified as hedges
or to be elected under the own use exemption (charges of &euro;385 mln); and the difference between the value of gas inventories accounted
for 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 normal levels leveraging the seasonal spread in gas
prices net of the effects of the associated commodity derivatives (gains of &euro;27 mln).</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 5pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 9pt; color: rgb(12,108,144)">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt"><B>Enilive and Plenitude:</B>
net gains of &euro;182 mln mainly related to the fair values of commodity derivatives lacking the formal criteria to be classified as
hedges under IFRS.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 5pt">&nbsp;</FONT></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 9pt; color: rgb(12,108,144)">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt"><B>Refining, Chemical and Power:</B>
net charges of &euro;82 mln mainly related to the write-down of capital expenditures made for compliance and stay-in-business at certain
CGU with expected negative cash flows in the Refining and Chemicals business (&euro;31 mln and &euro;14 mln, respectively) environmental
provisions (&euro;23 mln) and the reclassification to adjusted operating profit of the positive balance of &euro;15 mln related to exchange
rate differences and derivatives.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 20; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="color: rgb(127,127,127); text-align: center; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->17<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<!-- Field: Split-Segment; Name: 04 -->
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #0c6c90"><I>Other information, basis of
presentation and disclaimer</I></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">This press release on Eni&rsquo;s results for
the first quarter of 2024 has been prepared on a voluntary basis according to article 82-ter, Regulations on issuers (CONSOB Regulation
No.&nbsp;11971 of May&nbsp;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.</P>

<P STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">Results and cash flow are presented for the first
quarter of 2024 and 2023, as well as the fourth quarter of 2023. Information on the Company&rsquo;s financial position relates to end
of the periods as of March&nbsp;31, 2024 and December&nbsp;31, 2023.</P>

<P STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">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&nbsp;6
of the European Regulation (CE) No.&nbsp;1606/2002 of the European Parliament and European Council of July&nbsp;19, 2002.</P>

<P STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">These criteria are unchanged from the 2023 Annual
Report on Form&nbsp;20-F filed with the US SEC on April&nbsp;5, 2024, which investors are urged to read.</P>

<P STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #0C6C90">&nbsp;</P>

<P STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">From January&nbsp;1, 2024, the benchmark refining
margin &ldquo;SERM&rdquo; has been calculated based on a new methodology which considers a revised industrial set-up in connection with
the planned restructuring of the Livorno plant and implemented optimizations of utilities consumption, as well as current trends in crude
supplies building in a slate of both high-sulfur and low sulfur crudes. The restated values of the SERM indicator of the comparative
2023 quarters and 2024 full-year guidance are provided in the table below.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font: 12pt Arial, Helvetica, Sans-Serif">
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="padding: 1pt 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: center"><FONT STYLE="font-size: 6.5pt">2023</FONT></TD>
    <TD COLSPAN="2" STYLE="border-top: #BFBFBF 0.5pt dotted; padding: 1pt 2pt; font-size: 9pt; font-weight: bold; border-right: #BFBFBF 0.5pt dotted; border-left: #BFBFBF 0.5pt dotted; text-align: center"><FONT STYLE="font-size: 6.5pt">First
    quarter</FONT></TD>
    <TD COLSPAN="2" STYLE="border-top: #BFBFBF 0.5pt dotted; padding: 1pt 2pt; font-size: 9pt; font-weight: bold; border-right: #BFBFBF 0.5pt dotted; text-align: center; border-left-color: #BFBFBF; border-left-width: 0.5pt"><FONT STYLE="font-size: 6.5pt">Second
    quarter</FONT></TD>
    <TD COLSPAN="2" STYLE="border-top: #BFBFBF 0.5pt dotted; padding: 1pt 2pt; font-size: 9pt; font-weight: bold; border-right: #BFBFBF 0.5pt dotted; text-align: center; border-left-color: #BFBFBF; border-left-width: 0.5pt"><FONT STYLE="font-size: 6.5pt">Third
    quarter</FONT></TD>
    <TD COLSPAN="2" STYLE="border-top: #BFBFBF 0.5pt dotted; padding: 1pt 2pt; font-size: 9pt; font-weight: bold; border-right: #BFBFBF 0.5pt dotted; text-align: center; border-left-color: #BFBFBF; border-left-width: 0.5pt"><FONT STYLE="font-size: 6.5pt">Fourth
    quarter</FONT></TD>
    <TD COLSPAN="2" STYLE="border-top: #BFBFBF 0.5pt dotted; padding: 1pt 2pt; font-size: 9pt; font-weight: bold; border-right: #BFBFBF 0.5pt dotted; text-align: center; border-left-color: #BFBFBF; border-left-width: 0.5pt"><FONT STYLE="font-size: 6.5pt">Full
    year expected 2024*</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: middle">
    <TD COLSPAN="2" STYLE="text-align: right; border-bottom: black 1pt solid; padding: 1pt 2pt; font-size: 9pt; font-weight: bold"><FONT STYLE="font-size: 5pt">(&euro;
    million)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; border-left: #BFBFBF 0.5pt dotted; padding: 1pt 2pt; font-size: 9pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 6.5pt">past<BR>
    methodology</FONT></TD>
    <TD STYLE="border-right: #BFBFBF 0.5pt dotted; border-bottom: black 1pt solid; padding: 1pt 2pt; font-size: 9pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 6.5pt">updated<BR>
    methodology&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 1pt 2pt; font-size: 9pt; font-weight: bold; text-align: right; border-left-color: #BFBFBF; border-left-width: 0.5pt"><FONT STYLE="font-size: 6.5pt">past<BR>
    methodology</FONT></TD>
    <TD STYLE="border-right: #BFBFBF 0.5pt dotted; border-bottom: black 1pt solid; padding: 1pt 2pt; font-size: 9pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 6.5pt">updated<BR>
    methodology&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 1pt 2pt; font-size: 9pt; font-weight: bold; text-align: right; border-left-color: #BFBFBF; border-left-width: 0.5pt"><FONT STYLE="font-size: 6.5pt">past<BR>
    methodology</FONT></TD>
    <TD STYLE="border-right: #BFBFBF 0.5pt dotted; border-bottom: black 1pt solid; padding: 1pt 2pt; font-size: 9pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 6.5pt">updated<BR>
    methodology&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 1pt 2pt; font-size: 9pt; font-weight: bold; text-align: right; border-left-color: #BFBFBF; border-left-width: 0.5pt"><FONT STYLE="font-size: 6.5pt">past<BR>
    methodology</FONT></TD>
    <TD STYLE="border-right: #BFBFBF 0.5pt dotted; border-bottom: black 1pt solid; padding: 1pt 2pt; font-size: 9pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 6.5pt">updated<BR>
    methodology&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding: 1pt 2pt; font-size: 9pt; font-weight: bold; text-align: right; border-left-color: #BFBFBF; border-left-width: 0.5pt"><FONT STYLE="font-size: 6.5pt">past<BR>
    methodology</FONT></TD>
    <TD STYLE="border-right: #BFBFBF 0.5pt dotted; border-bottom: black 1pt solid; padding: 1pt 2pt; font-size: 9pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 6.5pt">updated<BR>
    methodology&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: middle">
    <TD COLSPAN="2" STYLE="border-bottom: black 2pt double; padding: 3pt 2pt 1pt; font-size: 9pt; font-weight: bold; border-top-color: black; border-top-width: 1pt"><FONT STYLE="font-size: 6.5pt">Standard Eni Refining Margin (SERM)</FONT></TD>
    <TD STYLE="border-bottom: black 2pt double; border-left: #BFBFBF 0.5pt dotted; padding: 3pt 2pt 1pt; font-size: 9pt; font-weight: bold; text-align: right; border-top-color: black; border-top-width: 1pt"><FONT STYLE="font-size: 6.5pt">11.2</FONT></TD>
    <TD STYLE="border-right: #BFBFBF 0.5pt dotted; border-bottom: black 2pt double; padding: 3pt 2pt 1pt; font-size: 9pt; font-weight: bold; text-align: right; border-top-color: black; border-top-width: 1pt"><FONT STYLE="font-size: 6.5pt">11.0</FONT></TD>
    <TD STYLE="border-bottom: black 2pt double; padding: 3pt 2pt 1pt; font-size: 9pt; font-weight: bold; text-align: right; border-top-color: black; border-top-width: 1pt; border-left-color: #BFBFBF; border-left-width: 0.5pt"><FONT STYLE="font-size: 6.5pt">6.6</FONT></TD>
    <TD STYLE="border-right: #BFBFBF 0.5pt dotted; border-bottom: black 2pt double; padding: 3pt 2pt 1pt; font-size: 9pt; font-weight: bold; text-align: right; border-top-color: black; border-top-width: 1pt"><FONT STYLE="font-size: 6.5pt">5.5</FONT></TD>
    <TD STYLE="border-bottom: black 2pt double; padding: 3pt 2pt 1pt; font-size: 9pt; font-weight: bold; text-align: right; border-top-color: black; border-top-width: 1pt; border-left-color: #BFBFBF; border-left-width: 0.5pt"><FONT STYLE="font-size: 6.5pt">14.7</FONT></TD>
    <TD STYLE="border-right: #BFBFBF 0.5pt dotted; border-bottom: black 2pt double; padding: 3pt 2pt 1pt; font-size: 9pt; font-weight: bold; text-align: right; border-top-color: black; border-top-width: 1pt"><FONT STYLE="font-size: 6.5pt">11.7</FONT></TD>
    <TD STYLE="border-bottom: black 2pt double; padding: 3pt 2pt 1pt; font-size: 9pt; font-weight: bold; text-align: right; border-top-color: black; border-top-width: 1pt; border-left-color: #BFBFBF; border-left-width: 0.5pt"><FONT STYLE="font-size: 6.5pt">8.1</FONT></TD>
    <TD STYLE="border-right: #BFBFBF 0.5pt dotted; border-bottom: black 2pt double; padding: 3pt 2pt 1pt; font-size: 9pt; font-weight: bold; text-align: right; border-top-color: black; border-top-width: 1pt"><FONT STYLE="font-size: 6.5pt">4.3</FONT></TD>
    <TD STYLE="border-bottom: black 2pt double; padding: 3pt 2pt 1pt; font-size: 9pt; font-weight: bold; text-align: right; border-top-color: black; border-top-width: 1pt; border-left-color: #BFBFBF; border-left-width: 0.5pt"><FONT STYLE="font-size: 6.5pt">8.1</FONT></TD>
    <TD STYLE="border-right: #BFBFBF 0.5pt dotted; border-bottom: black 2pt double; padding: 3pt 2pt 1pt; font-size: 9pt; font-weight: bold; text-align: right; border-top-color: black; border-top-width: 1pt"><FONT STYLE="font-size: 6.5pt">6.6</FONT></TD></TR>
  <TR STYLE="font-size: 9pt">
    <TD STYLE="padding: 1pt 2pt; font-size: 9pt; font-weight: bold; vertical-align: top; text-align: left; width: 17%"><FONT STYLE="font-size: 2pt">&nbsp;</FONT></TD>
    <TD STYLE="padding: 1pt 2pt; font-size: 9pt; font-weight: bold; vertical-align: middle; width: 3%"><FONT STYLE="font-size: 2pt">&nbsp;</FONT></TD>
    <TD STYLE="padding: 1pt 2pt; font-size: 9pt; font-weight: bold; vertical-align: middle; text-align: right; width: 7%"><FONT STYLE="font-size: 2pt">&nbsp;</FONT></TD>
    <TD STYLE="padding: 1pt 2pt; font-size: 9pt; font-weight: bold; vertical-align: middle; text-align: right; width: 8%"><FONT STYLE="font-size: 2pt">&nbsp;</FONT></TD>
    <TD STYLE="padding: 1pt 2pt; font-size: 9pt; font-weight: bold; vertical-align: middle; text-align: right; width: 9%"><FONT STYLE="font-size: 2pt">&nbsp;</FONT></TD>
    <TD STYLE="padding: 1pt 2pt; font-size: 9pt; font-weight: bold; vertical-align: middle; text-align: right; width: 8%"><FONT STYLE="font-size: 2pt">&nbsp;</FONT></TD>
    <TD STYLE="padding: 1pt 2pt; font-size: 9pt; font-weight: bold; vertical-align: middle; text-align: right; width: 8%"><FONT STYLE="font-size: 2pt">&nbsp;</FONT></TD>
    <TD STYLE="padding: 1pt 2pt; font-size: 9pt; font-weight: bold; vertical-align: middle; text-align: right; width: 8%"><FONT STYLE="font-size: 2pt">&nbsp;</FONT></TD>
    <TD STYLE="padding: 1pt 2pt; font-size: 9pt; font-weight: bold; vertical-align: middle; text-align: right; width: 8%"><FONT STYLE="font-size: 2pt">&nbsp;</FONT></TD>
    <TD STYLE="padding: 1pt 2pt; font-size: 9pt; font-weight: bold; vertical-align: middle; text-align: right; width: 8%"><FONT STYLE="font-size: 2pt">&nbsp;</FONT></TD>
    <TD STYLE="padding: 1pt 2pt; font-size: 9pt; font-weight: bold; vertical-align: middle; text-align: right; width: 8%"><FONT STYLE="font-size: 2pt">&nbsp;</FONT></TD>
    <TD STYLE="padding: 1pt 2pt; font-size: 9pt; font-weight: bold; vertical-align: middle; text-align: right; width: 8%"><FONT STYLE="font-size: 2pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 8pt; vertical-align: top">
    <TD COLSPAN="12" STYLE="padding: 1pt 2pt; font-size: 8pt; text-align: left"><FONT STYLE="font-size: 5pt">(*) As guided by the Company
    at the Capital Market Update of last March.</FONT></TD></TR>
  </TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #0c6c90">Basis of presentation</P>

<P STYLE="font: 3pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">From January&nbsp;1, 2024, the Eni statutory
segment information is presented as follows:</P>

<P STYLE="font: 3pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" BORDER="0" STYLE="width: 100%; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.5in">&nbsp;</TD>
  <TD STYLE="text-align: justify; width: 0.5in"><FONT STYLE="font-family: Symbol; font-size: 7.5pt; color: rgb(12,108,146)">&middot;</FONT></TD>
  <TD STYLE="text-align: justify"><FONT STYLE="font-size: 7.5pt">Exploration&amp; Production &ldquo;E&amp;P&rdquo;;</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD STYLE="text-align: justify"><FONT STYLE="font-family: Symbol; font-size: 7.5pt; color: rgb(12,108,144)">&middot;</FONT></TD>
  <TD STYLE="text-align: justify"><FONT STYLE="font-size: 7.5pt">Global Gas&amp; LNG Portfolio &ldquo;GGP&rdquo;;</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD STYLE="text-align: justify"><FONT STYLE="font-family: Symbol; font-size: 7.5pt; color: rgb(12,108,144)">&middot;</FONT></TD>
  <TD STYLE="text-align: justify"><FONT STYLE="font-size: 7.5pt">Enilive and Plenitude;</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD STYLE="text-align: justify"><FONT STYLE="font-family: Symbol; font-size: 7.5pt; color: rgb(12,108,144)">&middot;</FONT></TD>
  <TD STYLE="text-align: justify"><FONT STYLE="font-size: 7.5pt">Refining &ldquo;Revt&rdquo;, chemical activities managed by Versalis
  and Power (production of electricity from gas-fired plants);</FONT></TD></TR>

<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
  <TD STYLE="text-align: justify"><FONT STYLE="font-family: Symbol; font-size: 7.5pt; color: rgb(12,108,144)">&middot;</FONT></TD>
  <TD STYLE="text-align: justify"><FONT STYLE="font-size: 7.5pt">Corporate, financial companies, business support companies, CCS activities
  and agribusiness.</FONT></TD></TR>
</TABLE>


<P STYLE="font: 3pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">The aggregation of Enilive (biorefining and retail
sale of sustainable mobility products) and Plenitude (retail sale of energy commodities and services, production of electricity from
renewable sources and management of the network of EV charging stations) in a single reporting segment is motivated by the fact that
the two businesses exhibit similar economic characteristics, have a prevalent retail activity as customer-facing segments with a wide
range of opportunities for cross-selling, as well as by the common strategic goal to decarbonize customers' CO<SUB>2</SUB> emissions
and the attractiveness of dedicated capital.</P>

<P STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">The Power business, given its less significant
relevance in proportion to the Group's main economic and financial figures, has been aggregated with the operating segments with which
it shares industrial similarities.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">The re-segmentation of the adjusted operating
profit for the comparative periods of 2023 is disclosed below:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font: 12pt Arial, Helvetica, Sans-Serif">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: center; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">2023</FONT></TD>
    <TD STYLE="border-right: Black 1pt dashed; padding-right: 3pt; padding-top: 1pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: center; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="border-top: Black 1pt dashed; padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-weight: bold; text-align: center; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">First
    quarter</FONT></TD>
    <TD COLSPAN="2" STYLE="border-top: Black 1pt dashed; padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-weight: bold; text-align: center; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">Second
    quarter</FONT></TD>
    <TD COLSPAN="2" STYLE="border-top: Black 1pt dashed; padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-weight: bold; text-align: center; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">Third
    quarter</FONT></TD>
    <TD COLSPAN="2" STYLE="border-top: Black 1pt dashed; padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-weight: bold; text-align: center; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">Fourth
    quarter</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: middle">
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; white-space: nowrap; font-size: 9pt; font-weight: bold; border-bottom: black 1pt solid; width: 28%; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; white-space: nowrap; border-bottom: black 1pt solid; font-size: 9pt; text-align: right; width: 10%; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">(&euro;
    million)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 3pt; padding-top: 1pt; white-space: nowrap; font-size: 9pt; font-weight: bold; border-left: Black 1pt dashed; text-align: right; width: 8%; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">As
    published</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; white-space: nowrap; font-size: 9pt; font-weight: bold; border-right: #BFBFBF 0.5pt dotted; border-bottom: black 1pt solid; text-align: right; width: 7%; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">As
    restated</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; white-space: nowrap; font-size: 9pt; font-weight: bold; border-bottom: black 1pt solid; text-align: right; border-left-color: #BFBFBF; border-left-width: 0.5pt; width: 8%; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">As
    published</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; white-space: nowrap; font-size: 9pt; font-weight: bold; border-right: #BFBFBF 0.5pt dotted; border-bottom: black 1pt solid; text-align: right; width: 7%; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">As
    restated</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; white-space: nowrap; font-size: 9pt; font-weight: bold; border-bottom: black 1pt solid; text-align: right; border-left-color: #BFBFBF; border-left-width: 0.5pt; width: 8%; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">As
    published</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 3pt; padding-top: 1pt; white-space: nowrap; font-size: 9pt; font-weight: bold; text-align: right; width: 8%; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">As
    restated</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; white-space: nowrap; font-size: 9pt; font-weight: bold; border-bottom: black 1pt solid; text-align: right; border-left-color: #BFBFBF; border-left-width: 0.5pt; width: 8%; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">As
    published</FONT></TD>
    <TD STYLE="border-right: Black 1pt dashed; padding-right: 3pt; padding-top: 1pt; white-space: nowrap; font-size: 9pt; font-weight: bold; border-bottom: black 1pt solid; text-align: right; width: 8%; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">As
    restated</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: middle">
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-weight: bold; border-top: Black 0.5pt solid; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">Adjusted
    operating profit (loss)</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-weight: bold; border-top: Black 0.5pt solid; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">&nbsp;</FONT></TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-weight: bold; border-left: Black 1pt dashed; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">4,641</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-weight: bold; border-top: Black 0.5pt solid; border-right: #BFBFBF 0.5pt dotted; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">4,641</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-weight: bold; border-top: Black 0.5pt solid; text-align: right; border-left-color: #BFBFBF; border-left-width: 0.5pt; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">3,381</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-weight: bold; border-top: Black 0.5pt solid; border-right: #BFBFBF 0.5pt dotted; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">3,381</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-weight: bold; border-top: Black 0.5pt solid; text-align: right; border-left-color: #BFBFBF; border-left-width: 0.5pt; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">3,014</FONT></TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-weight: bold; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">3,014</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-weight: bold; border-top: Black 0.5pt solid; text-align: right; border-left-color: #BFBFBF; border-left-width: 0.5pt; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">2,769</FONT></TD>
    <TD STYLE="border-top: Black 0.5pt solid; padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-weight: bold; border-right: Black 1pt dashed; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">2,769</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: middle">
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-weight: bold; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">of
    which: E&amp;P</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-weight: bold; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">&nbsp;</FONT></TD>
    <TD STYLE="border-left: Black 1pt dashed; padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-weight: bold; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">2,806</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-weight: bold; border-right: #BFBFBF 0.5pt dotted; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">2,806</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-weight: bold; text-align: right; border-left-color: #BFBFBF; border-left-width: 0.5pt; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">2,077</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-weight: bold; border-right: #BFBFBF 0.5pt dotted; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">2,077</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-weight: bold; text-align: right; border-left-color: #BFBFBF; border-left-width: 0.5pt; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">2,620</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-weight: bold; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">2,620</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-weight: bold; text-align: right; border-left-color: #BFBFBF; border-left-width: 0.5pt; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">2,431</FONT></TD>
    <TD STYLE="border-right: Black 1pt dashed; padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-weight: bold; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">2,431</FONT></TD></TR>
  <TR STYLE="font-size: 9pt">
    <TD STYLE="padding: 1pt 3pt 1pt 0.375in; font-size: 9pt; font-weight: bold; vertical-align: top; text-align: left"><FONT STYLE="font-size: 6.5pt">GGP</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-weight: bold; vertical-align: middle; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">&nbsp;</FONT></TD>
    <TD STYLE="border-left: Black 1pt dashed; padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-weight: bold; vertical-align: middle; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">1,372</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-weight: bold; vertical-align: middle; border-right: #BFBFBF 0.5pt dotted; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">1,372</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-weight: bold; vertical-align: middle; text-align: right; border-left-color: #BFBFBF; border-left-width: 0.5pt; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">1,087</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-weight: bold; vertical-align: middle; border-right: #BFBFBF 0.5pt dotted; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">1,087</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-weight: bold; vertical-align: middle; text-align: right; border-left-color: #BFBFBF; border-left-width: 0.5pt; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">111</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-weight: bold; vertical-align: middle; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">111</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-weight: bold; vertical-align: middle; text-align: right; border-left-color: #BFBFBF; border-left-width: 0.5pt; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">677</FONT></TD>
    <TD STYLE="border-right: Black 1pt dashed; padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-weight: bold; vertical-align: middle; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">677</FONT></TD></TR>
  <TR STYLE="font-size: 9pt">
    <TD STYLE="padding: 1pt 3pt 1pt 0.375in; font-size: 9pt; font-weight: bold; vertical-align: top; text-align: left"><FONT STYLE="font-size: 6.5pt">Enilive,
    Refining and Chemicals</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-weight: bold; vertical-align: middle; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">&nbsp;</FONT></TD>
    <TD STYLE="border-left: Black 1pt dashed; padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-weight: bold; vertical-align: middle; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">154</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-weight: bold; vertical-align: middle; border-right: #BFBFBF 0.5pt dotted; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-weight: bold; vertical-align: middle; text-align: right; border-left-color: #BFBFBF; border-left-width: 0.5pt; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">87</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-weight: bold; vertical-align: middle; border-right: #BFBFBF 0.5pt dotted; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-weight: bold; vertical-align: middle; text-align: right; border-left-color: #BFBFBF; border-left-width: 0.5pt; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">401</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-weight: bold; vertical-align: middle; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-weight: bold; vertical-align: middle; text-align: right; border-left-color: #BFBFBF; border-left-width: 0.5pt; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">(87)</FONT></TD>
    <TD STYLE="border-right: Black 1pt dashed; padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-weight: bold; vertical-align: middle; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 9pt">
    <TD STYLE="padding: 1pt 3pt 1pt 0.375in; font-size: 9pt; font-style: italic; vertical-align: top; text-align: left"><FONT STYLE="font-size: 6.5pt">&nbsp;&nbsp;&nbsp;&nbsp;-
    Enilive</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; vertical-align: middle; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">&nbsp;</FONT></TD>
    <TD STYLE="border-left: Black 1pt dashed; padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-style: italic; vertical-align: middle; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">138</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-style: italic; vertical-align: middle; border-right: #BFBFBF 0.5pt dotted; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-style: italic; vertical-align: middle; text-align: right; border-left-color: #BFBFBF; border-left-width: 0.5pt; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">202</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-style: italic; vertical-align: middle; border-right: #BFBFBF 0.5pt dotted; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-style: italic; vertical-align: middle; text-align: right; border-left-color: #BFBFBF; border-left-width: 0.5pt; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">271</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-style: italic; vertical-align: middle; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-style: italic; vertical-align: middle; text-align: right; border-left-color: #BFBFBF; border-left-width: 0.5pt; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">117</FONT></TD>
    <TD STYLE="border-right: Black 1pt dashed; padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-style: italic; vertical-align: middle; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 9pt">
    <TD STYLE="padding: 1pt 3pt 1pt 0.375in; font-size: 9pt; font-style: italic; vertical-align: top; text-align: left"><FONT STYLE="font-size: 6.5pt">&nbsp;&nbsp;&nbsp;&nbsp;-
    Refining</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; vertical-align: middle; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">&nbsp;</FONT></TD>
    <TD STYLE="border-left: Black 1pt dashed; padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-style: italic; vertical-align: middle; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">125</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-style: italic; vertical-align: middle; border-right: #BFBFBF 0.5pt dotted; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-style: italic; vertical-align: middle; text-align: right; border-left-color: #BFBFBF; border-left-width: 0.5pt; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">(45)</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-style: italic; vertical-align: middle; border-right: #BFBFBF 0.5pt dotted; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-style: italic; vertical-align: middle; text-align: right; border-left-color: #BFBFBF; border-left-width: 0.5pt; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">328</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-style: italic; vertical-align: middle; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-style: italic; vertical-align: middle; text-align: right; border-left-color: #BFBFBF; border-left-width: 0.5pt; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">33</FONT></TD>
    <TD STYLE="border-right: Black 1pt dashed; padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-style: italic; vertical-align: middle; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 9pt">
    <TD STYLE="padding: 1pt 3pt 1pt 0.375in; font-size: 9pt; font-style: italic; vertical-align: top; text-align: left"><FONT STYLE="font-size: 6.5pt">&nbsp;&nbsp;&nbsp;&nbsp;-
    Chemicals</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; vertical-align: middle; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">&nbsp;</FONT></TD>
    <TD STYLE="border-left: Black 1pt dashed; padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-style: italic; vertical-align: middle; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">(109)</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-style: italic; vertical-align: middle; border-right: #BFBFBF 0.5pt dotted; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-style: italic; vertical-align: middle; text-align: right; border-left-color: #BFBFBF; border-left-width: 0.5pt; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">(70)</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-style: italic; vertical-align: middle; border-right: #BFBFBF 0.5pt dotted; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-style: italic; vertical-align: middle; text-align: right; border-left-color: #BFBFBF; border-left-width: 0.5pt; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">(198)</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-style: italic; vertical-align: middle; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-style: italic; vertical-align: middle; text-align: right; border-left-color: #BFBFBF; border-left-width: 0.5pt; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">(237)</FONT></TD>
    <TD STYLE="border-right: Black 1pt dashed; padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-style: italic; vertical-align: middle; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 9pt">
    <TD STYLE="padding: 1pt 3pt 1pt 0.375in; font-size: 9pt; font-weight: bold; text-align: left"><FONT STYLE="font-size: 6.5pt">Plenitude
    &amp; Power</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-weight: bold; vertical-align: middle; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">&nbsp;</FONT></TD>
    <TD STYLE="border-left: Black 1pt dashed; padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-weight: bold; vertical-align: middle; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">186</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-weight: bold; vertical-align: middle; border-right: #BFBFBF 0.5pt dotted; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-weight: bold; vertical-align: middle; text-align: right; border-left-color: #BFBFBF; border-left-width: 0.5pt; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">165</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-weight: bold; vertical-align: middle; border-right: #BFBFBF 0.5pt dotted; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-weight: bold; vertical-align: middle; text-align: right; border-left-color: #BFBFBF; border-left-width: 0.5pt; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">219</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-weight: bold; vertical-align: middle; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-weight: bold; vertical-align: middle; text-align: right; border-left-color: #BFBFBF; border-left-width: 0.5pt; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">111</FONT></TD>
    <TD STYLE="border-right: Black 1pt dashed; padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-weight: bold; vertical-align: middle; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 9pt">
    <TD STYLE="padding: 1pt 3pt 1pt 0.375in; font-size: 9pt; font-style: italic; vertical-align: top; text-align: left"><FONT STYLE="font-size: 6.5pt">&nbsp;&nbsp;&nbsp;&nbsp;-
    Plenitude</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; vertical-align: middle; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">&nbsp;</FONT></TD>
    <TD STYLE="border-left: Black 1pt dashed; padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-style: italic; vertical-align: middle; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">132</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-style: italic; vertical-align: middle; border-right: #BFBFBF 0.5pt dotted; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-style: italic; vertical-align: middle; text-align: right; border-left-color: #BFBFBF; border-left-width: 0.5pt; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">133</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-style: italic; vertical-align: middle; border-right: #BFBFBF 0.5pt dotted; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-style: italic; vertical-align: middle; text-align: right; border-left-color: #BFBFBF; border-left-width: 0.5pt; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">180</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-style: italic; vertical-align: middle; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-style: italic; vertical-align: middle; text-align: right; border-left-color: #BFBFBF; border-left-width: 0.5pt; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">70</FONT></TD>
    <TD STYLE="border-right: Black 1pt dashed; padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-style: italic; vertical-align: middle; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 9pt">
    <TD STYLE="padding: 1pt 3pt 1pt 0.375in; font-size: 9pt; font-style: italic; vertical-align: top; text-align: left"><FONT STYLE="font-size: 6.5pt">&nbsp;&nbsp;&nbsp;&nbsp;-
    Power</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; vertical-align: middle; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">&nbsp;</FONT></TD>
    <TD STYLE="border-left: Black 1pt dashed; padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-style: italic; vertical-align: middle; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">54</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-style: italic; vertical-align: middle; border-right: #BFBFBF 0.5pt dotted; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-style: italic; vertical-align: middle; text-align: right; border-left-color: #BFBFBF; border-left-width: 0.5pt; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">32</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-style: italic; vertical-align: middle; border-right: #BFBFBF 0.5pt dotted; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-style: italic; vertical-align: middle; text-align: right; border-left-color: #BFBFBF; border-left-width: 0.5pt; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">39</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-style: italic; vertical-align: middle; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-style: italic; vertical-align: middle; text-align: right; border-left-color: #BFBFBF; border-left-width: 0.5pt; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">41</FONT></TD>
    <TD STYLE="border-right: Black 1pt dashed; padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-style: italic; vertical-align: middle; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 9pt">
    <TD STYLE="padding: 1pt 3pt 1pt 0.375in; font-size: 9pt; font-weight: bold; vertical-align: top; text-align: left"><FONT STYLE="font-size: 6.5pt">Enilive
    and Plenitude</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-weight: bold; vertical-align: middle; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">&nbsp;</FONT></TD>
    <TD STYLE="border-left: Black 1pt dashed; padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-weight: bold; vertical-align: middle; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-weight: bold; vertical-align: middle; border-right: #BFBFBF 0.5pt dotted; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">270</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-weight: bold; vertical-align: middle; text-align: right; border-left-color: #BFBFBF; border-left-width: 0.5pt; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-weight: bold; vertical-align: middle; border-right: #BFBFBF 0.5pt dotted; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">335</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-weight: bold; vertical-align: middle; text-align: right; border-left-color: #BFBFBF; border-left-width: 0.5pt; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-weight: bold; vertical-align: middle; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">451</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-weight: bold; vertical-align: middle; text-align: right; border-left-color: #BFBFBF; border-left-width: 0.5pt; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: Black 1pt dashed; padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-weight: bold; vertical-align: middle; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">187</FONT></TD></TR>
  <TR STYLE="font-size: 9pt">
    <TD STYLE="padding: 1pt 3pt 1pt 0.375in; font-size: 9pt; font-style: italic; vertical-align: top; text-align: left"><FONT STYLE="font-size: 6.5pt">&nbsp;&nbsp;&nbsp;&nbsp;-
    Enilive</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; vertical-align: middle; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">&nbsp;</FONT></TD>
    <TD STYLE="border-left: Black 1pt dashed; padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-style: italic; vertical-align: middle; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-style: italic; vertical-align: middle; border-right: #BFBFBF 0.5pt dotted; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">138</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-style: italic; vertical-align: middle; text-align: right; border-left-color: #BFBFBF; border-left-width: 0.5pt; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-style: italic; vertical-align: middle; border-right: #BFBFBF 0.5pt dotted; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">202</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-style: italic; vertical-align: middle; text-align: right; border-left-color: #BFBFBF; border-left-width: 0.5pt; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-style: italic; vertical-align: middle; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">271</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-style: italic; vertical-align: middle; text-align: right; border-left-color: #BFBFBF; border-left-width: 0.5pt; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: Black 1pt dashed; padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-style: italic; vertical-align: middle; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">117</FONT></TD></TR>
  <TR STYLE="font-size: 9pt">
    <TD STYLE="padding: 1pt 3pt 1pt 0.375in; font-size: 9pt; font-style: italic; vertical-align: top; text-align: left"><FONT STYLE="font-size: 6.5pt">&nbsp;&nbsp;&nbsp;&nbsp;-
    Plenitude</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; vertical-align: middle; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">&nbsp;</FONT></TD>
    <TD STYLE="border-left: Black 1pt dashed; padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-style: italic; vertical-align: middle; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-style: italic; vertical-align: middle; border-right: #BFBFBF 0.5pt dotted; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">132</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-style: italic; vertical-align: middle; text-align: right; border-left-color: #BFBFBF; border-left-width: 0.5pt; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-style: italic; vertical-align: middle; border-right: #BFBFBF 0.5pt dotted; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">133</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-style: italic; vertical-align: middle; text-align: right; border-left-color: #BFBFBF; border-left-width: 0.5pt; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-style: italic; vertical-align: middle; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">180</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-style: italic; vertical-align: middle; text-align: right; border-left-color: #BFBFBF; border-left-width: 0.5pt; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: Black 1pt dashed; padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-style: italic; vertical-align: middle; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">70</FONT></TD></TR>
  <TR STYLE="font-size: 9pt">
    <TD STYLE="padding: 1pt 3pt 1pt 0.375in; font-size: 9pt; font-weight: bold; vertical-align: top; text-align: left"><FONT STYLE="font-size: 6.5pt">Refining,
    Chemicals and Power</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-weight: bold; vertical-align: middle; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">&nbsp;</FONT></TD>
    <TD STYLE="border-left: Black 1pt dashed; padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-weight: bold; vertical-align: middle; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-weight: bold; vertical-align: middle; border-right: #BFBFBF 0.5pt dotted; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">70</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-weight: bold; vertical-align: middle; text-align: right; border-left-color: #BFBFBF; border-left-width: 0.5pt; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-weight: bold; vertical-align: middle; border-right: #BFBFBF 0.5pt dotted; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">(83)</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-weight: bold; vertical-align: middle; text-align: right; border-left-color: #BFBFBF; border-left-width: 0.5pt; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-weight: bold; vertical-align: middle; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">169</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-weight: bold; vertical-align: middle; text-align: right; border-left-color: #BFBFBF; border-left-width: 0.5pt; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: Black 1pt dashed; padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-weight: bold; vertical-align: middle; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">(163)</FONT></TD></TR>
  <TR STYLE="font-size: 9pt">
    <TD STYLE="padding: 1pt 3pt 1pt 0.375in; font-size: 9pt; font-style: italic; vertical-align: top; text-align: left"><FONT STYLE="font-size: 6.5pt">&nbsp;&nbsp;&nbsp;&nbsp;-
    Refining</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; vertical-align: middle; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">&nbsp;</FONT></TD>
    <TD STYLE="border-left: Black 1pt dashed; padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-style: italic; vertical-align: middle; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-style: italic; vertical-align: middle; border-right: #BFBFBF 0.5pt dotted; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">125</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-style: italic; vertical-align: middle; text-align: right; border-left-color: #BFBFBF; border-left-width: 0.5pt; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-style: italic; vertical-align: middle; border-right: #BFBFBF 0.5pt dotted; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">(45)</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-style: italic; vertical-align: middle; text-align: right; border-left-color: #BFBFBF; border-left-width: 0.5pt; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-style: italic; vertical-align: middle; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">328</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-style: italic; vertical-align: middle; text-align: right; border-left-color: #BFBFBF; border-left-width: 0.5pt; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: Black 1pt dashed; padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-style: italic; vertical-align: middle; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">33</FONT></TD></TR>
  <TR STYLE="font-size: 9pt">
    <TD STYLE="padding: 1pt 3pt 1pt 0.375in; font-size: 9pt; font-style: italic; vertical-align: top; text-align: left"><FONT STYLE="font-size: 6.5pt">&nbsp;&nbsp;&nbsp;&nbsp;-
    Chemicals</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; vertical-align: middle; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">&nbsp;</FONT></TD>
    <TD STYLE="border-left: Black 1pt dashed; padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-style: italic; vertical-align: middle; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-style: italic; vertical-align: middle; border-right: #BFBFBF 0.5pt dotted; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">(109)</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-style: italic; vertical-align: middle; text-align: right; border-left-color: #BFBFBF; border-left-width: 0.5pt; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-style: italic; vertical-align: middle; border-right: #BFBFBF 0.5pt dotted; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">(70)</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-style: italic; vertical-align: middle; text-align: right; border-left-color: #BFBFBF; border-left-width: 0.5pt; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-style: italic; vertical-align: middle; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">(198)</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-style: italic; vertical-align: middle; text-align: right; border-left-color: #BFBFBF; border-left-width: 0.5pt; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: Black 1pt dashed; padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-style: italic; vertical-align: middle; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">(237)</FONT></TD></TR>
  <TR STYLE="font-size: 9pt">
    <TD STYLE="padding: 1pt 3pt 1pt 0.375in; font-size: 9pt; font-style: italic; vertical-align: top; text-align: left"><FONT STYLE="font-size: 6.5pt">&nbsp;&nbsp;&nbsp;&nbsp;-
    Power</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; vertical-align: middle; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">&nbsp;</FONT></TD>
    <TD STYLE="border-left: Black 1pt dashed; padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-style: italic; vertical-align: middle; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-style: italic; vertical-align: middle; border-right: #BFBFBF 0.5pt dotted; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">54</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-style: italic; vertical-align: middle; text-align: right; border-left-color: #BFBFBF; border-left-width: 0.5pt; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-style: italic; vertical-align: middle; border-right: #BFBFBF 0.5pt dotted; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">32</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-style: italic; vertical-align: middle; text-align: right; border-left-color: #BFBFBF; border-left-width: 0.5pt; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-style: italic; vertical-align: middle; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">39</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-style: italic; vertical-align: middle; text-align: right; border-left-color: #BFBFBF; border-left-width: 0.5pt; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">&nbsp;</FONT></TD>
    <TD STYLE="border-right: Black 1pt dashed; padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-style: italic; vertical-align: middle; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">41</FONT></TD></TR>
  <TR STYLE="font-size: 9pt">
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-weight: bold; vertical-align: top; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">Corporate
    and other activities</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-weight: bold; vertical-align: middle; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">&nbsp;</FONT></TD>
    <TD STYLE="border-left: Black 1pt dashed; padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-weight: bold; vertical-align: middle; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">(151)</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-weight: bold; vertical-align: middle; border-right: #BFBFBF 0.5pt dotted; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">(151)</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-weight: bold; vertical-align: middle; text-align: right; border-left-color: #BFBFBF; border-left-width: 0.5pt; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">(107)</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-weight: bold; vertical-align: middle; border-right: #BFBFBF 0.5pt dotted; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">(107)</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-weight: bold; vertical-align: middle; text-align: right; border-left-color: #BFBFBF; border-left-width: 0.5pt; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">(165)</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-weight: bold; vertical-align: middle; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">(165)</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-weight: bold; vertical-align: middle; text-align: right; border-left-color: #BFBFBF; border-left-width: 0.5pt; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">(228)</FONT></TD>
    <TD STYLE="border-right: Black 1pt dashed; padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-weight: bold; vertical-align: middle; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">(228)</FONT></TD></TR>
  <TR STYLE="font-size: 9pt">
    <TD COLSPAN="2" STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; border-bottom: Black 2pt double; font-weight: bold; vertical-align: top; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">Impact
    of unrealized intragroup profit elimination</FONT></TD>
    <TD STYLE="border-bottom: Black 2pt double; padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-weight: bold; vertical-align: middle; border-left: Black 1pt dashed; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">274</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-weight: bold; vertical-align: middle; border-right: #BFBFBF 0.5pt dotted; border-bottom: Black 2pt double; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">274</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-weight: bold; vertical-align: middle; border-bottom: Black 2pt double; text-align: right; border-left-color: #BFBFBF; border-left-width: 0.5pt; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">72</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-weight: bold; vertical-align: middle; border-right: #BFBFBF 0.5pt dotted; border-bottom: Black 2pt double; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">72</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-weight: bold; vertical-align: middle; border-bottom: Black 2pt double; text-align: right; border-left-color: #BFBFBF; border-left-width: 0.5pt; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">(172)</FONT></TD>
    <TD STYLE="border-bottom: Black 2pt double; padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-weight: bold; vertical-align: middle; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">(172)</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-weight: bold; vertical-align: middle; border-bottom: Black 2pt double; text-align: right; border-left-color: #BFBFBF; border-left-width: 0.5pt; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">(135)</FONT></TD>
    <TD STYLE="border-right: Black 1pt dashed; padding-right: 3pt; padding-top: 1pt; font-size: 9pt; font-weight: bold; vertical-align: middle; border-bottom: Black 2pt double; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 6.5pt">(135)</FONT></TD></TR>
  </TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-size: 8pt">*
* *</FONT></P>

<P STYLE="font: 4pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">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&nbsp;5, 2015. For further information,
see the section &ldquo;Alternative performance measures (Non-GAAP measures)&rdquo; of this press release.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 21; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="color: rgb(127,127,127); text-align: center; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->18<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

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

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-size: 8pt">*
* *</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #0c6c90">Disclaimer</P>

<P STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><I>This press release 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></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #0c6c90">Company Contacts</P>

<P STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">Press Office: Tel. +39.0252031875 - +39.0659822030</P>

<P STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">Freephone for shareholders (from Italy): 800940924</P>

<P STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">Freephone for shareholders (from abroad): +80011223456</P>

<P STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">Switchboard: +39-0659821</P>

<P STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">ufficio.stampa@eni.com</P>

<P STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">segreteriasocietaria.azionisti@eni.com</P>

<P STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">investor.relations@eni.com</P>

<P STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">website: www.eni.com</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #0c6c90">Eni</P>

<P STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">Societ&agrave; per Azioni, Rome, Piazzale Enrico
Mattei, 1</P>

<P STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">Share capital: &euro;4,005,358,876 fully paid.</P>

<P STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">Tax identification number 00484960588</P>

<P STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">Tel.: +39 0659821 - Fax: +39 0659822141</P>

<P STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 7.5pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">This press release for the first quarter of 2024 results (not subject
to audit) is also available on Eni&rsquo;s website eni.com.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 22; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="color: rgb(127,127,127); text-align: center; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->19<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%">
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="1" STYLE="font: bold 14pt Arial, Helvetica, Sans-Serif; padding-top: 4pt; background-color: rgb(11,107,144); color: white; padding-bottom: 4pt; padding-left: 8pt"><B>Alternative
    performance indicators (Non-GAAP measures)</B></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<P STYLE="font: 7pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">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. 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.</P>

<P STYLE="font: 7pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<P STYLE="font: 7pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">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.</P>

<P STYLE="font: 7pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">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.</P>

<P STYLE="font: 7pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">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:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 7pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #0c6c90"><B><I>Adjusted operating and net
profit</I></B></P>

<P STYLE="font: 7pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">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.</P>

<P STYLE="font: 7pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">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&nbsp;&amp; Production segment).</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 7pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #0c6c90"><B><I>Inventory holding gain or
loss</I></B></P>

<P STYLE="font: 7pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">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.</P>

<P STYLE="font: 7pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 7pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #0c6c90"><B><I>Special items</I></B></P>

<P STYLE="font: 7pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">These include certain significant income or charges
pertaining to either: (i)&nbsp;infrequent or unusual events and transactions, being identified as non-recurring items under such circumstances;
(ii)&nbsp;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.</P>

<P STYLE="font: 7pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">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.</P>

<P STYLE="font: 7pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">As provided for in Decision No.&nbsp;15519 of July&nbsp;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.</P>

<P STYLE="font: 7pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 7pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #0c6c90"><B><I>Leverage</I></B></P>

<P STYLE="font: 7pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">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.</P>

<P STYLE="font: 7pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 7pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #0c6c90"><B><I>Gearing</I></B></P>

<P STYLE="font: 7pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">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.</P>

<P STYLE="font: 7pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 7pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #0c6c90"><B><I>Cash flow from operations
before changes in working capital at replacement cost</I></B></P>

<P STYLE="font: 7pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">This is defined as net cash provided from operating
activities before changes in working capital at replacement cost. It also excludes certain non-recurring charges such as extraordinary
credit allowances and, 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.</P>

<P STYLE="font: 7pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 7pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #0c6c90"><B><I>Free cash flow</I></B></P>

<P STYLE="font: 7pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">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)&nbsp;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)&nbsp;changes</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 23; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="color: rgb(127,127,127); text-align: center; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->20<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

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

<P STYLE="font: 7pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #0c6c90"><B><I>Net borrowings</I></B></P>

<P STYLE="font: 7pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">Net borrowings is calculated as total finance debt
less cash, cash equivalents, financial assets measured at fair value through profit or loss and financing receivables held for non-operating
purposes. Financial activities are qualified as &ldquo;not related to operations&rdquo; when these are not strictly related to the business
operations.</P>

<P STYLE="font: 7pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 7pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #0c6c90"><B><I>Proforma adjusted EBIT</I></B></P>

<P STYLE="font: 7pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">Is the measure adding the operating margin of the
equity accounted entities to the adjusted EBIT, introduced by the management to reflect the increasing contribution from the JV/associates
also in connection with the Eni satellite model.</P>

<P STYLE="font: 7pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 7pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"></P>

<!-- Field: Page; Sequence: 24; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="color: rgb(127,127,127); text-align: center; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->21<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 7pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #0c6c90"><B>Tables of proforma results and
reconciliation of Non-GAAP and to the most comparable measures of financial performance determined in accordance to GAAPs</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(191,191,191) 1pt solid; padding-top: 1pt; font-size: 9pt; text-align: left; padding-bottom: 1pt; width: 43%"><FONT STYLE="font-size: 7pt">(&euro;
    million)</FONT></TD>
    <TD STYLE="border-bottom: rgb(191,191,191) 1pt solid; padding-top: 1pt; text-align: right; padding-bottom: 1pt; width: 8%"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(191,191,191) 1pt solid; padding-top: 1pt; text-align: right; padding-bottom: 1pt; width: 8%"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(191,191,191) 1pt solid; padding-top: 1pt; text-align: right; padding-bottom: 1pt; width: 8%"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(191,191,191) 1pt solid; padding-top: 1pt; text-align: right; padding-bottom: 1pt; width: 8%"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(191,191,191) 1pt solid; padding-top: 1pt; text-align: right; padding-bottom: 1pt; width: 8%"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(191,191,191) 1pt solid; padding-top: 1pt; text-align: right; padding-bottom: 1pt; width: 8%"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(191,191,191) 1pt solid; padding-top: 1pt; text-align: right; padding-bottom: 1pt; width: 1%"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: rgb(191,191,191) 1pt solid; padding-top: 1pt; text-align: right; padding-bottom: 1pt; width: 8%"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-top: 1pt; font-weight: bold; vertical-align: bottom; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">First
    Quarter&nbsp;&nbsp;2024</FONT></TD>
    <TD ROWSPAN="3" STYLE="padding-top: 1pt; font-weight: bold; vertical-align: bottom; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">Exploration
    &amp;<BR>
    Production</FONT></TD>
    <TD ROWSPAN="3" STYLE="padding-top: 1pt; font-weight: bold; vertical-align: bottom; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">Global<BR>
    Gas &amp;<BR>
    LNG<BR>
    Portfolio</FONT></TD>
    <TD ROWSPAN="3" STYLE="padding-top: 1pt; font-weight: bold; vertical-align: bottom; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">Enilive<BR>
    and<BR>
    Plenitude</FONT></TD>
    <TD ROWSPAN="3" STYLE="padding-top: 1pt; font-weight: bold; vertical-align: bottom; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">Refining,<BR>
    Chemicals<BR>
    and Power</FONT></TD>
    <TD ROWSPAN="3" STYLE="padding-top: 1pt; font-weight: bold; vertical-align: bottom; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">Corporate<BR>
    and other<BR>
    activities</FONT></TD>
    <TD ROWSPAN="3" STYLE="padding-top: 1pt; font-weight: bold; vertical-align: bottom; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">Impact
    of<BR>
    unrealized<BR>
    intragroup<BR>
    profit<BR>
    elimination</FONT></TD>
    <TD STYLE="padding-top: 1pt; font-weight: bold; vertical-align: top; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD ROWSPAN="3" STYLE="padding-right: 2pt; padding-top: 1pt; font-weight: bold; vertical-align: bottom; text-align: right; background-color: #F2F2F2; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">GROUP</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-top: 1pt; font-weight: bold; vertical-align: bottom; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 1pt; font-weight: bold; vertical-align: top; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-top: 1pt; font-weight: bold; vertical-align: bottom; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 1pt; font-weight: bold; vertical-align: top; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-top: rgb(191,191,191) 1pt solid; padding-top: 2pt; padding-left: 4pt; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">Reported
    operating profit (loss)</FONT></TD>
    <TD STYLE="border-top: rgb(191,191,191) 1pt solid; padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">2,219</FONT></TD>
    <TD STYLE="border-top: rgb(191,191,191) 1pt solid; padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">(110)</FONT></TD>
    <TD STYLE="border-top: rgb(191,191,191) 1pt solid; padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">591</FONT></TD>
    <TD STYLE="border-top: rgb(191,191,191) 1pt solid; padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">152</FONT></TD>
    <TD STYLE="border-top: rgb(191,191,191) 1pt solid; padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">(140)</FONT></TD>
    <TD STYLE="border-top: rgb(191,191,191) 1pt solid; padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">(42)</FONT></TD>
    <TD STYLE="border-top: rgb(191,191,191) 1pt solid; padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="border-top: rgb(191,191,191) 1pt solid; padding-right: 2pt; padding-top: 2pt; text-align: right; background-color: #F2F2F2; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">2,670</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(191,191,191) 1pt solid; padding-top: 2pt; padding-left: 4pt; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">Exclusion
    of inventory holding (gains) losses</FONT></TD>
    <TD STYLE="border-bottom: rgb(191,191,191) 1pt solid; padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(191,191,191) 1pt solid; padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(191,191,191) 1pt solid; padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">18</FONT></TD>
    <TD STYLE="border-bottom: rgb(191,191,191) 1pt solid; padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">(262)</FONT></TD>
    <TD STYLE="border-bottom: rgb(191,191,191) 1pt solid; padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(191,191,191) 1pt solid; padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">188</FONT></TD>
    <TD STYLE="border-bottom: rgb(191,191,191) 1pt solid; padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(191,191,191) 1pt solid; padding-right: 2pt; padding-top: 2pt; text-align: right; background-color: #F2F2F2; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">(56)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-left: 4pt; color: #0C6C90; font-weight: bold; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">Exclusion
    of special items:</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: #CC0000; font-weight: bold; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: #CC0000; font-weight: bold; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: #CC0000; font-weight: bold; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: #CC0000; font-weight: bold; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: #CC0000; font-weight: bold; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: #CC0000; font-weight: bold; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: #CC0000; font-weight: bold; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; color: #CC0000; font-weight: bold; text-align: right; background-color: #F2F2F2; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-left: 0.125in; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">environmental
    charges</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">(3)</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">7</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">23</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right; background-color: #F2F2F2; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">27</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-left: 0.125in; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">impairment
    losses (impairment reversals), net&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">18</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">45</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">5</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right; background-color: #F2F2F2; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">68</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-left: 0.125in; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">net gains
    on disposal of assets</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">(1)</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right; background-color: #F2F2F2; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">(1)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-left: 0.125in; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">provision
    for redundancy incentives</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">4</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">2</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">13</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right; background-color: #F2F2F2; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">19</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-left: 0.125in; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">commodity
    derivatives</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">385</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">(183)</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">8</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right; background-color: #F2F2F2; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">210</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-left: 0.125in; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">exchange
    rate differences and derivatives</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">(22)</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">38</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">15</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right; background-color: #F2F2F2; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">31</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-left: 0.125in; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">other</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">113</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">(20)</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">(6)</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">(11)</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">(17)</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right; background-color: #F2F2F2; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">59</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-top: rgb(191,191,191) 1pt solid; border-bottom: rgb(191,191,191) 1pt solid; padding-top: 2pt; padding-left: 4pt; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">Special
    items of operating profit (loss)</FONT></TD>
    <TD STYLE="border-top: rgb(191,191,191) 1pt solid; border-bottom: rgb(191,191,191) 1pt solid; padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">109</FONT></TD>
    <TD STYLE="border-top: rgb(191,191,191) 1pt solid; border-bottom: rgb(191,191,191) 1pt solid; padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">403</FONT></TD>
    <TD STYLE="border-top: rgb(191,191,191) 1pt solid; border-bottom: rgb(191,191,191) 1pt solid; padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">(182)</FONT></TD>
    <TD STYLE="border-top: rgb(191,191,191) 1pt solid; border-bottom: rgb(191,191,191) 1pt solid; padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">82</FONT></TD>
    <TD STYLE="border-top: rgb(191,191,191) 1pt solid; border-bottom: rgb(191,191,191) 1pt solid; padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">1</FONT></TD>
    <TD STYLE="border-top: rgb(191,191,191) 1pt solid; border-bottom: rgb(191,191,191) 1pt solid; padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="border-top: rgb(191,191,191) 1pt solid; border-bottom: rgb(191,191,191) 1pt solid; padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="border-top: rgb(191,191,191) 1pt solid; padding-right: 2pt; border-bottom: rgb(191,191,191) 1pt solid; padding-top: 2pt; text-align: right; background-color: #F2F2F2; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">413</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-left: 4pt; color: #0C6C90; font-weight: bold; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">Adjusted
    operating profit (loss) (a)</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">2,328</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">293</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">427</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">(28)</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">(139)</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">146</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: #F2F2F2; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">3,027</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-left: 4pt; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">main JV/Associates
    adjusted EBIT (b)</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">992</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">32</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">(7)</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">72</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right; background-color: #F2F2F2; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">1,089</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-top: #0C6C90 0.5pt solid; border-bottom: #0C6C90 0.5pt solid; padding-top: 2pt; padding-left: 4pt; color: #0C6C90; font-weight: bold; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">Proforma
    adjusted EBIT (c)=(a)+(b)</FONT></TD>
    <TD STYLE="border-top: #0C6C90 0.5pt solid; border-bottom: #0C6C90 0.5pt solid; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">3,320</FONT></TD>
    <TD STYLE="border-top: #0C6C90 0.5pt solid; border-bottom: #0C6C90 0.5pt solid; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">325</FONT></TD>
    <TD STYLE="border-top: #0C6C90 0.5pt solid; border-bottom: #0C6C90 0.5pt solid; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">420</FONT></TD>
    <TD STYLE="border-top: #0C6C90 0.5pt solid; border-bottom: #0C6C90 0.5pt solid; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">44</FONT></TD>
    <TD STYLE="border-top: #0C6C90 0.5pt solid; border-bottom: #0C6C90 0.5pt solid; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">(139)</FONT></TD>
    <TD STYLE="border-top: #0C6C90 0.5pt solid; border-bottom: #0C6C90 0.5pt solid; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">146</FONT></TD>
    <TD STYLE="border-top: #0C6C90 0.5pt solid; border-bottom: #0C6C90 0.5pt solid; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="border-top: #0C6C90 0.5pt solid; padding-right: 2pt; border-bottom: #0C6C90 0.5pt solid; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: #F2F2F2; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">4,116</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-left: 4pt; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">Finance expenses
    and dividends of subsidiaries (d)</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">(98)</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">(2)</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">(8)</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">(18)</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">(86)</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right; background-color: #F2F2F2; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">(212)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-left: 4pt; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">Finance expenses
    and dividends of JV/associates (e)</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">(117)</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">4</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">(7)</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">(4)</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right; background-color: #F2F2F2; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">(124)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-left: 4pt; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">Income taxes
    of JV/associates (f)</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">(625)</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">(28)</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">(1)</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right; background-color: #F2F2F2; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">(654)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-left: 4pt; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">Net profit (loss)
    of JV/associates (g)=(b)+(e)+(f)</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">250</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">8</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">(14)</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">67</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right; background-color: #F2F2F2; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">311</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-top: #0C6C90 0.5pt solid; border-bottom: #0C6C90 0.5pt solid; padding-top: 2pt; padding-left: 4pt; color: #0C6C90; font-weight: bold; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">Adjusted
    profit (loss) before taxes (h)=(a)+(d)+(g)</FONT></TD>
    <TD STYLE="border-top: #0C6C90 0.5pt solid; border-bottom: #0C6C90 0.5pt solid; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">2,480</FONT></TD>
    <TD STYLE="border-top: #0C6C90 0.5pt solid; border-bottom: #0C6C90 0.5pt solid; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">299</FONT></TD>
    <TD STYLE="border-top: #0C6C90 0.5pt solid; border-bottom: #0C6C90 0.5pt solid; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">405</FONT></TD>
    <TD STYLE="border-top: #0C6C90 0.5pt solid; border-bottom: #0C6C90 0.5pt solid; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">21</FONT></TD>
    <TD STYLE="border-top: #0C6C90 0.5pt solid; border-bottom: #0C6C90 0.5pt solid; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">(225)</FONT></TD>
    <TD STYLE="border-top: #0C6C90 0.5pt solid; border-bottom: #0C6C90 0.5pt solid; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">146</FONT></TD>
    <TD STYLE="border-top: #0C6C90 0.5pt solid; border-bottom: #0C6C90 0.5pt solid; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="border-top: #0C6C90 0.5pt solid; padding-right: 2pt; border-bottom: #0C6C90 0.5pt solid; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: #F2F2F2; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">3,126</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(191,191,191) 1pt solid; padding-top: 2pt; padding-left: 4pt; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">Income
    taxes (i)</FONT></TD>
    <TD STYLE="border-bottom: rgb(191,191,191) 1pt solid; padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">(1,350)</FONT></TD>
    <TD STYLE="border-bottom: rgb(191,191,191) 1pt solid; padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">(95)</FONT></TD>
    <TD STYLE="border-bottom: rgb(191,191,191) 1pt solid; padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">(117)</FONT></TD>
    <TD STYLE="border-bottom: rgb(191,191,191) 1pt solid; padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">12</FONT></TD>
    <TD STYLE="border-bottom: rgb(191,191,191) 1pt solid; padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">65</FONT></TD>
    <TD STYLE="border-bottom: rgb(191,191,191) 1pt solid; padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">(43)</FONT></TD>
    <TD STYLE="border-bottom: rgb(191,191,191) 1pt solid; padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(191,191,191) 1pt solid; padding-right: 2pt; padding-top: 2pt; text-align: right; background-color: #F2F2F2; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">(1,528)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-left: 4pt; font-style: italic; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">Tax
    rate (%)</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: white; font-style: italic; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: white; font-style: italic; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: white; font-style: italic; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: white; font-style: italic; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: white; font-style: italic; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: white; font-style: italic; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-style: italic; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-style: italic; text-align: right; background-color: #F2F2F2; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">48.9</FONT></TD></TR>
  <TR>
    <TD STYLE="border-top: #0C6C90 0.5pt solid; border-bottom: #0C6C90 0.5pt solid; padding-top: 2pt; padding-left: 4pt; color: #0C6C90; font-weight: bold; vertical-align: middle; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">Adjusted
    net profit (loss) (j)=(h)+(i)</FONT></TD>
    <TD STYLE="border-top: #0C6C90 0.5pt solid; border-bottom: #0C6C90 0.5pt solid; padding-top: 2pt; color: #0C6C90; font-weight: bold; vertical-align: bottom; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">1,130</FONT></TD>
    <TD STYLE="border-top: #0C6C90 0.5pt solid; border-bottom: #0C6C90 0.5pt solid; padding-top: 2pt; color: #0C6C90; font-weight: bold; vertical-align: bottom; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">204</FONT></TD>
    <TD STYLE="border-top: #0C6C90 0.5pt solid; border-bottom: #0C6C90 0.5pt solid; padding-top: 2pt; color: #0C6C90; font-weight: bold; vertical-align: bottom; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">288</FONT></TD>
    <TD STYLE="border-top: #0C6C90 0.5pt solid; border-bottom: #0C6C90 0.5pt solid; padding-top: 2pt; color: #0C6C90; font-weight: bold; vertical-align: bottom; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">33</FONT></TD>
    <TD STYLE="border-top: #0C6C90 0.5pt solid; border-bottom: #0C6C90 0.5pt solid; padding-top: 2pt; color: #0C6C90; font-weight: bold; vertical-align: bottom; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">(160)</FONT></TD>
    <TD STYLE="border-top: #0C6C90 0.5pt solid; border-bottom: #0C6C90 0.5pt solid; padding-top: 2pt; color: #0C6C90; font-weight: bold; vertical-align: bottom; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">103</FONT></TD>
    <TD STYLE="border-top: #0C6C90 0.5pt solid; border-bottom: #0C6C90 0.5pt solid; padding-top: 2pt; color: #0C6C90; font-weight: bold; vertical-align: middle; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="border-top: #0C6C90 0.5pt solid; padding-right: 2pt; border-bottom: #0C6C90 0.5pt solid; padding-top: 2pt; color: #0C6C90; font-weight: bold; vertical-align: middle; text-align: right; background-color: #F2F2F2; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">1,598</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-top: 2pt; padding-left: 4pt; font-style: italic; vertical-align: bottom; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">of
    which:</FONT></TD>
    <TD STYLE="padding-top: 2pt; vertical-align: bottom; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; vertical-align: bottom; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; vertical-align: bottom; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; vertical-align: bottom; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; vertical-align: bottom; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; vertical-align: bottom; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; vertical-align: bottom; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-weight: bold; vertical-align: middle; text-align: right; background-color: #F2F2F2; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-left: 4pt; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">- Adjusted net
    profit (loss) of non-controlling interest</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right; background-color: #F2F2F2; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">16</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="padding-top: 2pt; padding-left: 9px; color: #0C6C90; font-weight: bold; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">-
    Adjusted net profit (loss) attributable to Eni's shareholders</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; padding-right: 2pt; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: #F2F2F2; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">1,582</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-left: 4pt; color: #0C6C90; font-weight: bold; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">Reported
    net profit (loss) attributable to Eni's shareholders</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; padding-right: 2pt; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; border-top-color: Black; border-top-width: 0.5pt; background-color: #F2F2F2; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">1,211</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-left: 4pt; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">Exclusion of
    inventory holding (gains) losses</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right; border-top-color: Black; border-top-width: 0.5pt; background-color: #F2F2F2; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">(41)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-left: 4pt; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">Exclusion of
    special items</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; padding-right: 2pt; padding-top: 2pt; text-align: right; background-color: #F2F2F2; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">412</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: Black 0.5pt solid; padding-top: 2pt; padding-left: 4pt; color: #0C6C90; font-weight: bold; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">Adjusted
    net profit (loss) attributable to Eni's shareholders</FONT></TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; padding-right: 2pt; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; border-top-color: Black; border-top-width: 0.5pt; background-color: #F2F2F2; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">1,582</FONT></TD></TR>
  </TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center; color: #7f7f7f"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 25; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="color: rgb(127,127,127); text-align: center; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->22<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(191,191,191) 1pt solid; padding-top: 1pt; font-size: 9pt; text-align: left; padding-bottom: 1pt; width: 43%"><FONT STYLE="font-size: 7pt">(&euro;
    million)</FONT></TD>
    <TD STYLE="border-bottom: rgb(191,191,191) 1pt solid; padding-top: 1pt; text-align: right; padding-bottom: 1pt; width: 8%"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(191,191,191) 1pt solid; padding-top: 1pt; text-align: right; padding-bottom: 1pt; width: 8%"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(191,191,191) 1pt solid; padding-top: 1pt; text-align: right; padding-bottom: 1pt; width: 8%"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(191,191,191) 1pt solid; padding-top: 1pt; text-align: right; padding-bottom: 1pt; width: 8%"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(191,191,191) 1pt solid; padding-top: 1pt; text-align: right; padding-bottom: 1pt; width: 8%"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(191,191,191) 1pt solid; padding-top: 1pt; text-align: right; padding-bottom: 1pt; width: 8%"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(191,191,191) 1pt solid; padding-top: 1pt; text-align: right; padding-bottom: 1pt; width: 1%"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(191,191,191) 1pt solid; padding-top: 1pt; text-align: right; padding-bottom: 1pt; width: 8%"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-top: 1pt; font-weight: bold; vertical-align: bottom; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">First
    Quarter&nbsp;&nbsp;2023</FONT></TD>
    <TD ROWSPAN="3" STYLE="padding-top: 1pt; font-weight: bold; vertical-align: bottom; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">Exploration
    &amp;<BR>
    Production</FONT></TD>
    <TD ROWSPAN="3" STYLE="padding-top: 1pt; font-weight: bold; vertical-align: bottom; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">Global<BR>
    Gas &amp;<BR>
    LNG<BR>
    Portfolio</FONT></TD>
    <TD ROWSPAN="3" STYLE="padding-top: 1pt; font-weight: bold; vertical-align: bottom; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">Enilive<BR>
    and<BR>
    Plenitude</FONT></TD>
    <TD ROWSPAN="3" STYLE="padding-top: 1pt; font-weight: bold; vertical-align: bottom; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">Refining,<BR>
    Chemicals<BR>
    and Power</FONT></TD>
    <TD ROWSPAN="3" STYLE="padding-top: 1pt; font-weight: bold; vertical-align: bottom; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">Corporate<BR>
    and other<BR>
    activities</FONT></TD>
    <TD ROWSPAN="3" STYLE="padding-top: 1pt; font-weight: bold; vertical-align: bottom; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">Impact
    of<BR>
    unrealized<BR>
    intragroup<BR>
    profit<BR>
    elimination</FONT></TD>
    <TD STYLE="padding-top: 1pt; font-weight: bold; vertical-align: top; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD ROWSPAN="3" STYLE="padding-top: 1pt; font-weight: bold; vertical-align: bottom; text-align: right; background-color: #F2F2F2; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">GROUP</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-top: 1pt; font-weight: bold; vertical-align: bottom; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 1pt; font-weight: bold; vertical-align: top; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-top: 1pt; font-weight: bold; vertical-align: bottom; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 1pt; font-weight: bold; vertical-align: top; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-top: rgb(191,191,191) 1pt solid; padding-top: 2pt; padding-left: 4pt; text-align: left"><FONT STYLE="font-size: 8pt">Reported
    operating profit (loss)</FONT></TD>
    <TD STYLE="border-top: rgb(191,191,191) 1pt solid; padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 8pt">2,720</FONT></TD>
    <TD STYLE="border-top: rgb(191,191,191) 1pt solid; padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 8pt">275</FONT></TD>
    <TD STYLE="border-top: rgb(191,191,191) 1pt solid; padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 8pt">(198)</FONT></TD>
    <TD STYLE="border-top: rgb(191,191,191) 1pt solid; padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 8pt">(380)</FONT></TD>
    <TD STYLE="border-top: rgb(191,191,191) 1pt solid; padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 8pt">(158)</FONT></TD>
    <TD STYLE="border-top: rgb(191,191,191) 1pt solid; padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 8pt">254</FONT></TD>
    <TD STYLE="border-top: rgb(191,191,191) 1pt solid; padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-top: rgb(191,191,191) 1pt solid; padding-top: 2pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 8pt">2,513</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(191,191,191) 1pt solid; padding-top: 2pt; padding-left: 4pt; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">Exclusion of
    inventory holding (gains) losses</FONT></TD>
    <TD STYLE="border-bottom: rgb(191,191,191) 1pt solid; padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(191,191,191) 1pt solid; padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(191,191,191) 1pt solid; padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">(1)</FONT></TD>
    <TD STYLE="border-bottom: rgb(191,191,191) 1pt solid; padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">338</FONT></TD>
    <TD STYLE="border-bottom: rgb(191,191,191) 1pt solid; padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(191,191,191) 1pt solid; padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">20</FONT></TD>
    <TD STYLE="border-bottom: rgb(191,191,191) 1pt solid; padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(191,191,191) 1pt solid; padding-top: 2pt; text-align: right; background-color: #F2F2F2; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">357</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-left: 4pt; color: #0C6C90; font-weight: bold; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">Exclusion
    of special items:</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: #CC0000; font-weight: bold; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: #CC0000; font-weight: bold; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: #CC0000; font-weight: bold; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: #CC0000; font-weight: bold; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: #CC0000; font-weight: bold; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: #CC0000; font-weight: bold; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: #CC0000; font-weight: bold; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: #CC0000; font-weight: bold; text-align: right; background-color: #F2F2F2; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-left: 0.125in; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">environmental
    charges</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">17</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">17</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; background-color: #F2F2F2; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">34</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-left: 0.125in; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">impairment
    losses (impairment reversals), net&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">1</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">2</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">52</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">4</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; background-color: #F2F2F2; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">59</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-left: 0.125in; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">net gains
    on disposal of assets</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">9</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; background-color: #F2F2F2; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">9</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-left: 0.125in; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">provision
    for redundancy incentives</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">6</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">1</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">3</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">8</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; background-color: #F2F2F2; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">18</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-left: 0.125in; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">commodity
    derivatives</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">722</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">474</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">51</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; background-color: #F2F2F2; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">1,247</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-left: 0.125in; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">exchange
    rate differences and derivatives</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">2</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">(18)</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">16</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">1</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; background-color: #F2F2F2; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">1</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-left: 0.125in; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">other</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">51</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">393</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">(8)</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">(27)</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">(6)</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; background-color: #F2F2F2; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">403</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-top: rgb(191,191,191) 1pt solid; border-bottom: rgb(191,191,191) 1pt solid; padding-top: 2pt; padding-left: 4pt; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">Special
    items of operating profit (loss)</FONT></TD>
    <TD STYLE="border-top: rgb(191,191,191) 1pt solid; border-bottom: rgb(191,191,191) 1pt solid; padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">86</FONT></TD>
    <TD STYLE="border-top: rgb(191,191,191) 1pt solid; border-bottom: rgb(191,191,191) 1pt solid; padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">1,097</FONT></TD>
    <TD STYLE="border-top: rgb(191,191,191) 1pt solid; border-bottom: rgb(191,191,191) 1pt solid; padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">469</FONT></TD>
    <TD STYLE="border-top: rgb(191,191,191) 1pt solid; border-bottom: rgb(191,191,191) 1pt solid; padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">112</FONT></TD>
    <TD STYLE="border-top: rgb(191,191,191) 1pt solid; border-bottom: rgb(191,191,191) 1pt solid; padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">7</FONT></TD>
    <TD STYLE="border-top: rgb(191,191,191) 1pt solid; border-bottom: rgb(191,191,191) 1pt solid; padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-top: rgb(191,191,191) 1pt solid; border-bottom: rgb(191,191,191) 1pt solid; padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-top: rgb(191,191,191) 1pt solid; border-bottom: rgb(191,191,191) 1pt solid; padding-top: 2pt; text-align: right; background-color: #F2F2F2; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">1,771</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-left: 4pt; color: #0C6C90; font-weight: bold; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">Adjusted
    operating profit (loss) (a)</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">2,806</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">1,372</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">270</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">70</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">(151)</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">274</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: #F2F2F2; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">4,641</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-left: 4pt; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">main JV/Associates
    adjusted EBIT (b)</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">1,025</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">48</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">153</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; background-color: #F2F2F2; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">1,226</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-top: #0C6C90 0.5pt solid; border-bottom: #0C6C90 0.5pt solid; padding-top: 2pt; padding-left: 4pt; color: #0C6C90; font-weight: bold; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">Proforma
    adjusted EBIT (c)=(a)+(b)</FONT></TD>
    <TD STYLE="border-top: #0C6C90 0.5pt solid; border-bottom: #0C6C90 0.5pt solid; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">3,831</FONT></TD>
    <TD STYLE="border-top: #0C6C90 0.5pt solid; border-bottom: #0C6C90 0.5pt solid; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">1,420</FONT></TD>
    <TD STYLE="border-top: #0C6C90 0.5pt solid; border-bottom: #0C6C90 0.5pt solid; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">270</FONT></TD>
    <TD STYLE="border-top: #0C6C90 0.5pt solid; border-bottom: #0C6C90 0.5pt solid; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">223</FONT></TD>
    <TD STYLE="border-top: #0C6C90 0.5pt solid; border-bottom: #0C6C90 0.5pt solid; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">(151)</FONT></TD>
    <TD STYLE="border-top: #0C6C90 0.5pt solid; border-bottom: #0C6C90 0.5pt solid; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">274</FONT></TD>
    <TD STYLE="border-top: #0C6C90 0.5pt solid; border-bottom: #0C6C90 0.5pt solid; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-top: #0C6C90 0.5pt solid; border-bottom: #0C6C90 0.5pt solid; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: #F2F2F2; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">5,867</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-left: 4pt; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">Finance expenses
    and dividends of subsidiaries (d)</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">(42)</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">2</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">(11)</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">3</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">(85)</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; background-color: #F2F2F2; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">(133)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-left: 4pt; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">Finance expenses
    and dividends of JV/associates (e)</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">(27)</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">1</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; background-color: #F2F2F2; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">(26)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-left: 4pt; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">Income taxes
    of JV/associates (f)</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">(686)</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">(39)</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">(2)</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; background-color: #F2F2F2; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">(727)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-left: 4pt; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">Net profit (loss)
    of JV/associates (g)=(b)+(e)+(f)</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">312</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">10</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">151</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; background-color: #F2F2F2; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">473</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-top: #0C6C90 0.5pt solid; border-bottom: #0C6C90 0.5pt solid; padding-top: 2pt; padding-left: 4pt; color: #0C6C90; font-weight: bold; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">Adjusted
    profit (loss) before taxes (h)=(a)+(d)+(g)</FONT></TD>
    <TD STYLE="border-top: #0C6C90 0.5pt solid; border-bottom: #0C6C90 0.5pt solid; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">3,076</FONT></TD>
    <TD STYLE="border-top: #0C6C90 0.5pt solid; border-bottom: #0C6C90 0.5pt solid; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">1,384</FONT></TD>
    <TD STYLE="border-top: #0C6C90 0.5pt solid; border-bottom: #0C6C90 0.5pt solid; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">259</FONT></TD>
    <TD STYLE="border-top: #0C6C90 0.5pt solid; border-bottom: #0C6C90 0.5pt solid; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">224</FONT></TD>
    <TD STYLE="border-top: #0C6C90 0.5pt solid; border-bottom: #0C6C90 0.5pt solid; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">(236)</FONT></TD>
    <TD STYLE="border-top: #0C6C90 0.5pt solid; border-bottom: #0C6C90 0.5pt solid; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">274</FONT></TD>
    <TD STYLE="border-top: #0C6C90 0.5pt solid; border-bottom: #0C6C90 0.5pt solid; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-top: #0C6C90 0.5pt solid; border-bottom: #0C6C90 0.5pt solid; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: #F2F2F2; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">4,981</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(191,191,191) 1pt solid; padding-top: 2pt; padding-left: 4pt; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">Income
    taxes (i)</FONT></TD>
    <TD STYLE="border-bottom: rgb(191,191,191) 1pt solid; padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">(1,536)</FONT></TD>
    <TD STYLE="border-bottom: rgb(191,191,191) 1pt solid; padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">(385)</FONT></TD>
    <TD STYLE="border-bottom: rgb(191,191,191) 1pt solid; padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">(75)</FONT></TD>
    <TD STYLE="border-bottom: rgb(191,191,191) 1pt solid; padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">(53)</FONT></TD>
    <TD STYLE="border-bottom: rgb(191,191,191) 1pt solid; padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">70</FONT></TD>
    <TD STYLE="border-bottom: rgb(191,191,191) 1pt solid; padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">(76)</FONT></TD>
    <TD STYLE="border-bottom: rgb(191,191,191) 1pt solid; padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(191,191,191) 1pt solid; padding-top: 2pt; text-align: right; background-color: #F2F2F2; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">(2,055)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-left: 4pt; font-style: italic; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">Tax
    rate (%)</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: white; font-style: italic; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: white; font-style: italic; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: white; font-style: italic; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">184.0</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: white; font-style: italic; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: white; font-style: italic; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: white; font-style: italic; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-style: italic; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-style: italic; text-align: right; background-color: #F2F2F2; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">41.3</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: Black 1pt solid; padding-top: 2pt; padding-left: 4pt; color: #0C6C90; font-weight: bold; vertical-align: middle; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">Adjusted
    net profit (loss) (j)=(h)+(i)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-top: 2pt; color: #0C6C90; font-weight: bold; vertical-align: bottom; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">1,540</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-top: 2pt; color: #0C6C90; font-weight: bold; vertical-align: bottom; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">999</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-top: 2pt; color: #0C6C90; font-weight: bold; vertical-align: bottom; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">184</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-top: 2pt; color: #0C6C90; font-weight: bold; vertical-align: bottom; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">171</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-top: 2pt; color: #0C6C90; font-weight: bold; vertical-align: bottom; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">(166)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-top: 2pt; color: #0C6C90; font-weight: bold; vertical-align: bottom; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">198</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-top: 2pt; color: #0C6C90; font-weight: bold; vertical-align: middle; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-top: 2pt; color: #0C6C90; font-weight: bold; vertical-align: middle; text-align: right; background-color: #F2F2F2; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">2,926</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-top: 2pt; padding-left: 4pt; font-style: italic; vertical-align: bottom; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">of
    which:</FONT></TD>
    <TD STYLE="padding-top: 2pt; vertical-align: bottom; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; vertical-align: bottom; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; vertical-align: bottom; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; vertical-align: bottom; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; vertical-align: bottom; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; vertical-align: bottom; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; vertical-align: bottom; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-weight: bold; vertical-align: middle; text-align: right; background-color: #F2F2F2; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-left: 4pt; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">- Adjusted net
    profit (loss) of non-controlling interest</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; background-color: #F2F2F2; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">19</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="padding-top: 2pt; padding-left: 9px; color: #0C6C90; font-weight: bold; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">-
    Adjusted net profit (loss) attributable to Eni's shareholders</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: #F2F2F2; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">2,907</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-left: 4pt; color: #0C6C90; font-weight: bold; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">Reported
    net profit (loss) attributable to Eni's shareholders</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; border-top-color: Black; border-top-width: 0.5pt; background-color: #F2F2F2; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">2,388</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-left: 4pt; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">Exclusion of
    inventory holding (gains) losses</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; border-top-color: Black; border-top-width: 0.5pt; background-color: #F2F2F2; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">255</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-left: 4pt; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">Exclusion of
    special items</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; padding-top: 2pt; text-align: right; background-color: #F2F2F2; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">264</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: Black 0.5pt solid; padding-top: 2pt; padding-left: 4pt; color: #0C6C90; font-weight: bold; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">Adjusted
    net profit (loss) attributable to Eni's shareholders</FONT></TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; border-top-color: Black; border-top-width: 0.5pt; background-color: #F2F2F2; padding-bottom: 1pt"><FONT STYLE="font-size: 8pt">2,907</FONT></TD></TR>
  </TABLE>

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: Red">&nbsp;</P>

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: Red"></P>

<!-- Field: Page; Sequence: 26; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="color: rgb(127,127,127); text-align: center; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->23<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: Red">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-left: 4pt; padding-bottom: 1pt; font-size: 9pt; text-align: right; width: 43%"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: right; width: 8%"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: right; width: 8%"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: right; width: 8%"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: right; width: 8%"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: right; width: 8%"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: right; width: 8%"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: right; width: 1%"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: right; width: 8%"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 4pt; padding-bottom: 1pt; font-weight: bold; text-align: left">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: rgb(191,191,191) 1pt solid; padding-bottom: 1pt; font-size: 9pt; text-align: left"><FONT STYLE="font-size: 7pt">(&euro;
    million)</FONT></TD>
    <TD STYLE="border-bottom: rgb(191,191,191) 1pt solid; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(191,191,191) 1pt solid; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(191,191,191) 1pt solid; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(191,191,191) 1pt solid; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(191,191,191) 1pt solid; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(191,191,191) 1pt solid; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(191,191,191) 1pt solid; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: rgb(191,191,191) 1pt solid; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: left"><FONT STYLE="font-size: 8pt">Fourth Quarter 2023</FONT></TD>
    <TD ROWSPAN="3" STYLE="font-weight: bold; vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 8pt">Exploration &amp;<BR>
    Production</FONT></TD>
    <TD ROWSPAN="3" STYLE="font-weight: bold; vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 8pt">Global<BR>
    Gas &amp;<BR>
    LNG<BR>
    Portfolio</FONT></TD>
    <TD ROWSPAN="3" STYLE="font-weight: bold; vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 8pt">Enilive and<BR>
    Plenitude</FONT></TD>
    <TD ROWSPAN="3" STYLE="font-weight: bold; vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 8pt">Refining,<BR>
    Chemicals<BR>
    and Power</FONT></TD>
    <TD ROWSPAN="3" STYLE="font-weight: bold; vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 8pt">Corporate<BR>
    and other<BR>
    activities</FONT></TD>
    <TD ROWSPAN="3" STYLE="font-weight: bold; vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 8pt">Impact of<BR>
    unrealized<BR>
    intragroup<BR>
    profit<BR>
    elimination</FONT></TD>
    <TD STYLE="font-weight: bold; vertical-align: top; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD ROWSPAN="3" STYLE="font-weight: bold; vertical-align: bottom; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 8pt">GROUP</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-bottom: 1pt; font-weight: bold; vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; font-weight: bold; vertical-align: top; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-bottom: 1pt; font-weight: bold; vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; font-weight: bold; vertical-align: top; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; border-top: rgb(191,191,191) 1pt solid; padding-bottom: 1pt; padding-left: 4pt; text-align: left"><FONT STYLE="font-size: 8pt">Reported
    operating profit (loss)</FONT></TD>
    <TD STYLE="padding-top: 2pt; border-top: rgb(191,191,191) 1pt solid; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">1,463</FONT></TD>
    <TD STYLE="padding-top: 2pt; border-top: rgb(191,191,191) 1pt solid; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">1,293</FONT></TD>
    <TD STYLE="padding-top: 2pt; border-top: rgb(191,191,191) 1pt solid; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">(258)</FONT></TD>
    <TD STYLE="padding-top: 2pt; border-top: rgb(191,191,191) 1pt solid; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">(1,423)</FONT></TD>
    <TD STYLE="padding-top: 2pt; border-top: rgb(191,191,191) 1pt solid; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">(321)</FONT></TD>
    <TD STYLE="padding-top: 2pt; border-top: rgb(191,191,191) 1pt solid; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">102</FONT></TD>
    <TD STYLE="padding-top: 2pt; border-top: rgb(191,191,191) 1pt solid; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; border-top: rgb(191,191,191) 1pt solid; padding-bottom: 1pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 8pt">856</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; border-bottom: rgb(191,191,191) 1pt solid; padding-bottom: 1pt; padding-left: 4pt; text-align: left"><FONT STYLE="font-size: 8pt"><B>Exclusion
    of inventory holding (gains) losses</B></FONT></TD>
    <TD STYLE="padding-top: 2pt; border-bottom: rgb(191,191,191) 1pt solid; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>&nbsp;</B></FONT></TD>
    <TD STYLE="padding-top: 2pt; border-bottom: rgb(191,191,191) 1pt solid; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>&nbsp;</B></FONT></TD>
    <TD STYLE="padding-top: 2pt; border-bottom: rgb(191,191,191) 1pt solid; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>75</B></FONT></TD>
    <TD STYLE="padding-top: 2pt; border-bottom: rgb(191,191,191) 1pt solid; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>365</B></FONT></TD>
    <TD STYLE="padding-top: 2pt; border-bottom: rgb(191,191,191) 1pt solid; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>&nbsp;</B></FONT></TD>
    <TD STYLE="padding-top: 2pt; border-bottom: rgb(191,191,191) 1pt solid; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>(237)</B></FONT></TD>
    <TD STYLE="padding-top: 2pt; border-bottom: rgb(191,191,191) 1pt solid; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt"><B>&nbsp;</B></FONT></TD>
    <TD STYLE="padding-top: 2pt; border-bottom: rgb(191,191,191) 1pt solid; padding-bottom: 1pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 8pt"><B>203</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; padding-left: 4pt; color: #0C6C90; font-weight: bold; text-align: left"><FONT STYLE="font-size: 8pt">Exclusion
    of special items:</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; color: #CC0000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; color: #CC0000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; color: #CC0000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; color: #CC0000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; color: #CC0000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; color: #CC0000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; color: #CC0000; font-weight: bold; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; color: #CC0000; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; padding-left: 0.125in; text-align: left"><FONT STYLE="font-size: 8pt">environmental charges</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">(9)</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">28</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">206</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">19</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 8pt">244</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; padding-left: 0.125in; text-align: left"><FONT STYLE="font-size: 8pt">impairment losses (impairment
    reversals), net&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">855</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">(1)</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">13</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">494</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">16</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 8pt">1,377</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; padding-left: 0.125in; text-align: left"><FONT STYLE="font-size: 8pt">net gains on disposal of assets</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">(1)</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">(2)</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">(4)</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 8pt">(7)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; padding-left: 0.125in; text-align: left"><FONT STYLE="font-size: 8pt">risk provisions</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">8</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">(5)</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">3</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 8pt">6</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; padding-left: 0.125in; text-align: left"><FONT STYLE="font-size: 8pt">provision for redundancy incentives</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">28</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">3</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">17</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">27</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">43</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 8pt">118</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; padding-left: 0.125in; text-align: left"><FONT STYLE="font-size: 8pt">commodity derivatives</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">(277)</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">264</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">36</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 8pt">23</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; padding-left: 0.125in; text-align: left"><FONT STYLE="font-size: 8pt">exchange rate differences and
    derivatives</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">45</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">(105)</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">3</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">4</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">2</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 8pt">(51)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; padding-left: 0.125in; text-align: left"><FONT STYLE="font-size: 8pt">other</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">50</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">(236)</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">37</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">135</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">14</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; border-top: rgb(191,191,191) 1pt solid; border-bottom: rgb(191,191,191) 1pt solid; padding-bottom: 1pt; padding-left: 4pt; text-align: left"><FONT STYLE="font-size: 8pt">Special
    items of operating profit (loss)</FONT></TD>
    <TD STYLE="padding-top: 2pt; border-top: rgb(191,191,191) 1pt solid; border-bottom: rgb(191,191,191) 1pt solid; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">968</FONT></TD>
    <TD STYLE="padding-top: 2pt; border-top: rgb(191,191,191) 1pt solid; border-bottom: rgb(191,191,191) 1pt solid; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">(616)</FONT></TD>
    <TD STYLE="padding-top: 2pt; border-top: rgb(191,191,191) 1pt solid; border-bottom: rgb(191,191,191) 1pt solid; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">370</FONT></TD>
    <TD STYLE="padding-top: 2pt; border-top: rgb(191,191,191) 1pt solid; border-bottom: rgb(191,191,191) 1pt solid; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">895</FONT></TD>
    <TD STYLE="padding-top: 2pt; border-top: rgb(191,191,191) 1pt solid; border-bottom: rgb(191,191,191) 1pt solid; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">93</FONT></TD>
    <TD STYLE="padding-top: 2pt; border-top: rgb(191,191,191) 1pt solid; border-bottom: rgb(191,191,191) 1pt solid; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; border-top: rgb(191,191,191) 1pt solid; border-bottom: rgb(191,191,191) 1pt solid; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; border-top: rgb(191,191,191) 1pt solid; border-bottom: rgb(191,191,191) 1pt solid; padding-bottom: 1pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 8pt">1,710</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; padding-left: 4pt; color: #0C6C90; font-weight: bold; text-align: left"><FONT STYLE="font-size: 8pt">Adjusted
    operating profit (loss) (a)</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 8pt">2,431</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 8pt">677</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 8pt">187</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 8pt">(163)</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 8pt">(228)</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 8pt">(135)</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 8pt">2,769</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; padding-left: 4pt; text-align: left"><FONT STYLE="font-size: 8pt">main JV/Associates adjusted EBIT
    (b)</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">889</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">40</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">(19)</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">76</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 8pt">986</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; border-top: #0C6C90 0.5pt solid; border-bottom: #0C6C90 0.5pt solid; padding-bottom: 1pt; padding-left: 4pt; color: #0C6C90; font-weight: bold; text-align: left"><FONT STYLE="font-size: 8pt">Proforma
    adjusted EBIT (c)=(a)+(b)</FONT></TD>
    <TD STYLE="padding-top: 2pt; border-top: #0C6C90 0.5pt solid; border-bottom: #0C6C90 0.5pt solid; padding-bottom: 1pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 8pt">3,320</FONT></TD>
    <TD STYLE="padding-top: 2pt; border-top: #0C6C90 0.5pt solid; border-bottom: #0C6C90 0.5pt solid; padding-bottom: 1pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 8pt">717</FONT></TD>
    <TD STYLE="padding-top: 2pt; border-top: #0C6C90 0.5pt solid; border-bottom: #0C6C90 0.5pt solid; padding-bottom: 1pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 8pt">168</FONT></TD>
    <TD STYLE="padding-top: 2pt; border-top: #0C6C90 0.5pt solid; border-bottom: #0C6C90 0.5pt solid; padding-bottom: 1pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 8pt">(87)</FONT></TD>
    <TD STYLE="padding-top: 2pt; border-top: #0C6C90 0.5pt solid; border-bottom: #0C6C90 0.5pt solid; padding-bottom: 1pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 8pt">(228)</FONT></TD>
    <TD STYLE="padding-top: 2pt; border-top: #0C6C90 0.5pt solid; border-bottom: #0C6C90 0.5pt solid; padding-bottom: 1pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 8pt">(135)</FONT></TD>
    <TD STYLE="padding-top: 2pt; border-top: #0C6C90 0.5pt solid; border-bottom: #0C6C90 0.5pt solid; padding-bottom: 1pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; border-top: #0C6C90 0.5pt solid; border-bottom: #0C6C90 0.5pt solid; padding-bottom: 1pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 8pt">3,755</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; padding-left: 4pt; text-align: left"><FONT STYLE="font-size: 8pt">Finance expenses and dividends
    of subsidiaries (d)</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">84</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">7</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">(13)</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">10</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">(86)</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 8pt">2</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; padding-left: 4pt; text-align: left"><FONT STYLE="font-size: 8pt">Finance expenses and dividends
    of JV/associates (e)</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">(46)</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">7</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 8pt">(39)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; padding-left: 4pt; text-align: left"><FONT STYLE="font-size: 8pt">Income taxes of JV/associates (f)</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">(487)</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">(39)</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">(3)</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 8pt">(529)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; padding-left: 4pt; text-align: left"><FONT STYLE="font-size: 8pt">Net profit (loss) of JV/associates
    (g)=(b)+(e)+(f)</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">356</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">8</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">(19)</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">73</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 8pt">418</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; border-top: #0C6C90 0.5pt solid; border-bottom: #0C6C90 0.5pt solid; padding-bottom: 1pt; padding-left: 4pt; color: #0C6C90; font-weight: bold; text-align: left"><FONT STYLE="font-size: 8pt">Adjusted
    profit (loss) before taxes (h)=(a)+(d)+(g)</FONT></TD>
    <TD STYLE="padding-top: 2pt; border-top: #0C6C90 0.5pt solid; border-bottom: #0C6C90 0.5pt solid; padding-bottom: 1pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 8pt">2,871</FONT></TD>
    <TD STYLE="padding-top: 2pt; border-top: #0C6C90 0.5pt solid; border-bottom: #0C6C90 0.5pt solid; padding-bottom: 1pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 8pt">692</FONT></TD>
    <TD STYLE="padding-top: 2pt; border-top: #0C6C90 0.5pt solid; border-bottom: #0C6C90 0.5pt solid; padding-bottom: 1pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 8pt">155</FONT></TD>
    <TD STYLE="padding-top: 2pt; border-top: #0C6C90 0.5pt solid; border-bottom: #0C6C90 0.5pt solid; padding-bottom: 1pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 8pt">(80)</FONT></TD>
    <TD STYLE="padding-top: 2pt; border-top: #0C6C90 0.5pt solid; border-bottom: #0C6C90 0.5pt solid; padding-bottom: 1pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 8pt">(314)</FONT></TD>
    <TD STYLE="padding-top: 2pt; border-top: #0C6C90 0.5pt solid; border-bottom: #0C6C90 0.5pt solid; padding-bottom: 1pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 8pt">(135)</FONT></TD>
    <TD STYLE="padding-top: 2pt; border-top: #0C6C90 0.5pt solid; border-bottom: #0C6C90 0.5pt solid; padding-bottom: 1pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; border-top: #0C6C90 0.5pt solid; border-bottom: #0C6C90 0.5pt solid; padding-bottom: 1pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 8pt">3,189</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; border-bottom: rgb(191,191,191) 1pt solid; padding-bottom: 1pt; padding-left: 4pt; text-align: left"><FONT STYLE="font-size: 8pt">Income
    taxes (i)</FONT></TD>
    <TD STYLE="padding-top: 2pt; border-bottom: rgb(191,191,191) 1pt solid; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">(1,448)</FONT></TD>
    <TD STYLE="padding-top: 2pt; border-bottom: rgb(191,191,191) 1pt solid; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">(201)</FONT></TD>
    <TD STYLE="padding-top: 2pt; border-bottom: rgb(191,191,191) 1pt solid; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">(53)</FONT></TD>
    <TD STYLE="padding-top: 2pt; border-bottom: rgb(191,191,191) 1pt solid; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">64</FONT></TD>
    <TD STYLE="padding-top: 2pt; border-bottom: rgb(191,191,191) 1pt solid; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">97</FONT></TD>
    <TD STYLE="padding-top: 2pt; border-bottom: rgb(191,191,191) 1pt solid; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">34</FONT></TD>
    <TD STYLE="padding-top: 2pt; border-bottom: rgb(191,191,191) 1pt solid; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; border-bottom: rgb(191,191,191) 1pt solid; padding-bottom: 1pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 8pt">(1,507)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; padding-left: 4pt; font-style: italic; text-align: left"><FONT STYLE="font-size: 8pt">Tax rate (%)</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; color: white; font-style: italic; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; color: white; font-style: italic; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; color: white; font-style: italic; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; color: white; font-style: italic; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; color: white; font-style: italic; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; color: white; font-style: italic; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; font-style: italic; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 8pt">47.3</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-top: 2pt; border-bottom: Black 0.5pt solid; padding-bottom: 1pt; padding-left: 4pt; color: #0C6C90; font-weight: bold; vertical-align: middle; text-align: left"><FONT STYLE="font-size: 8pt">Adjusted
    net profit (loss) (j)=(h)+(i)</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; color: #0C6C90; font-weight: bold; vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 8pt">1,423</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; color: #0C6C90; font-weight: bold; vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 8pt">491</FONT></TD>
    <TD STYLE="padding-top: 2pt; border-bottom: Black 0.5pt solid; padding-bottom: 1pt; color: #0C6C90; font-weight: bold; vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 8pt">102</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; color: #0C6C90; font-weight: bold; vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 8pt">(16)</FONT></TD>
    <TD STYLE="padding-top: 2pt; border-bottom: Black 0.5pt solid; padding-bottom: 1pt; color: #0C6C90; font-weight: bold; vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 8pt">(217)</FONT></TD>
    <TD STYLE="padding-top: 2pt; border-bottom: Black 0.5pt solid; padding-bottom: 1pt; color: #0C6C90; font-weight: bold; vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 8pt">(101)</FONT></TD>
    <TD STYLE="padding-top: 2pt; border-bottom: Black 0.5pt solid; padding-bottom: 1pt; color: #0C6C90; font-weight: bold; vertical-align: middle; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; border-bottom: Black 0.5pt solid; padding-bottom: 1pt; color: #0C6C90; font-weight: bold; vertical-align: middle; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 8pt">1,682</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; padding-left: 4pt; font-style: italic; vertical-align: bottom; text-align: left; border-top-color: Black; border-top-width: 0.5pt"><FONT STYLE="font-size: 8pt">of
    which:</FONT></TD>
    <TD STYLE="padding-top: 2pt; border-top: Black 0.5pt solid; padding-bottom: 1pt; vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; border-top: Black 0.5pt solid; padding-bottom: 1pt; vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; vertical-align: bottom; text-align: right; border-top-color: Black; border-top-width: 0.5pt"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; border-top: Black 0.5pt solid; padding-bottom: 1pt; vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; font-weight: bold; vertical-align: middle; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; padding-left: 4pt; text-align: left"><FONT STYLE="font-size: 8pt">- Adjusted net profit (loss) of
    non-controlling interest</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 8pt">20</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="2" STYLE="padding-top: 2pt; padding-bottom: 1pt; padding-left: 9px; color: #0C6C90; font-weight: bold; text-align: left"><FONT STYLE="font-size: 8pt">-
    Adjusted net profit (loss) attributable to Eni's shareholders</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 8pt">1,662</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; padding-left: 4pt; color: #0C6C90; font-weight: bold; text-align: left"><FONT STYLE="font-size: 8pt">Reported
    net profit (loss) attributable to Eni's shareholders</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; border-top: Black 1pt solid; border-bottom: Black 0.5pt solid; padding-bottom: 1pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 8pt">173</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; padding-left: 4pt; text-align: left"><FONT STYLE="font-size: 8pt">Exclusion of inventory holding
    (gains) losses</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right; border-top-color: Black; border-top-width: 0.5pt; background-color: #F2F2F2"><FONT STYLE="font-size: 8pt">143</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; padding-left: 4pt; text-align: left"><FONT STYLE="font-size: 8pt">Exclusion of special items</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 1pt; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; border-bottom: Black 0.5pt solid; padding-bottom: 1pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 8pt">1,346</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; border-bottom: Black 0.5pt solid; padding-bottom: 1pt; padding-left: 4pt; color: #0C6C90; font-weight: bold; text-align: left"><FONT STYLE="font-size: 8pt">Adjusted
    net profit (loss) attributable to Eni's shareholders</FONT></TD>
    <TD STYLE="padding-top: 2pt; border-bottom: Black 0.5pt solid; padding-bottom: 1pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; border-bottom: Black 0.5pt solid; padding-bottom: 1pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; border-bottom: Black 0.5pt solid; padding-bottom: 1pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; border-bottom: Black 0.5pt solid; padding-bottom: 1pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; border-bottom: Black 0.5pt solid; padding-bottom: 1pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; border-bottom: Black 0.5pt solid; padding-bottom: 1pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; border-bottom: Black 0.5pt solid; padding-bottom: 1pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; border-bottom: Black 0.5pt solid; padding-bottom: 1pt; color: #0C6C90; font-weight: bold; text-align: right; border-top-color: Black; border-top-width: 0.5pt; background-color: #F2F2F2"><FONT STYLE="font-size: 8pt">1,662</FONT></TD></TR>
  </TABLE>

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: Red">&nbsp;</P>

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: Red"></P>

<!-- Field: Page; Sequence: 27; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="color: rgb(127,127,127); text-align: center; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->24<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: Red">&nbsp;</P>


<!-- Field: Split-Segment; Name: 05 -->
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 13pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #0c6c90">Breakdown of special items</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font: 12pt Arial, Helvetica, Sans-Serif">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">Q4&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; font-weight: bold"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-top: 2pt; font-size: 9pt; font-weight: bold; text-align: center"><FONT STYLE="font-size: 9pt">Q1&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 9pt">
    <TD STYLE="padding-right: 2pt; border-bottom: black 1pt solid; padding-top: 2pt; font-size: 9pt; font-weight: bold; vertical-align: middle; text-align: right; width: 9%"><FONT STYLE="font-size: 9pt">2023</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-top: 2pt; font-size: 9pt; vertical-align: bottom; text-align: center; width: 73%"><FONT STYLE="font-size: 7pt">(&euro;
    million)</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: black 1pt solid; padding-top: 2pt; font-size: 9pt; font-weight: bold; vertical-align: middle; text-align: right; background-color: #F2F2F2; width: 9%"><FONT STYLE="font-size: 9pt">2024</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: black 1pt solid; padding-top: 2pt; font-size: 9pt; font-weight: bold; vertical-align: middle; text-align: right; width: 9%"><FONT STYLE="font-size: 9pt">2023</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">244</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">Environmental charges</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">27</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">34</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">1,377</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">Impairment losses (impairment reversals), net&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">68</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">59</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">(7)</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">Net gains on disposal of assets</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">(1)</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">9</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">6</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">Risk provisions</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">118</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">Provisions for redundancy incentives</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">19</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">18</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">23</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">Commodity derivatives</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">210</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">1,247</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">(51)</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">Exchange rate differences and derivatives</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">31</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">1</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">Other</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">59</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">403</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-right: 2pt; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">1,710</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 18px; color: #0C6C90; font-weight: bold; text-align: left"><FONT STYLE="font-size: 9pt">Special items of
    operating profit (loss)</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">413</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">1,771</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">56</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 18px; color: #0C6C90; font-weight: bold; text-align: left"><FONT STYLE="font-size: 9pt">Net finance (income)
    expense</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">(30)</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">1</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; font-weight: bold; font-style: italic"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 18px; font-style: italic; text-align: left"><FONT STYLE="font-size: 9pt">of which:</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; font-weight: bold; font-style: italic; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; font-weight: bold; font-style: italic"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: middle">
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">51</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 18px; font-style: italic; text-align: left"><FONT STYLE="font-size: 9pt">- exchange rate differences and
    derivatives reclassified to operating profit (loss)</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; font-style: italic; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">(31)</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">(1)</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">68</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 18px; color: #0C6C90; font-weight: bold; text-align: left"><FONT STYLE="font-size: 9pt">Net income (expense)
    from investments</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">74</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">(729)</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 18px; font-style: italic; text-align: left"><FONT STYLE="font-size: 9pt">of which:</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">(10)</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 18px; font-style: italic; text-align: left"><FONT STYLE="font-size: 9pt">- gain on the SeaCorridor deal</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; font-style: italic; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">(824)</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">(499)</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 18px; color: #0C6C90; font-weight: bold; text-align: left"><FONT STYLE="font-size: 9pt">Income taxes</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">(55)</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">(779)</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: middle">
    <TD STYLE="padding-right: 2pt; border-top: Black 0.5pt solid; border-bottom: Black 2.5pt double; padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">1,335</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 18px; color: #0C6C90; font-weight: bold; text-align: left"><FONT STYLE="font-size: 9pt">Total special items
    of net profit (loss)</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-top: Black 0.5pt solid; border-bottom: Black 2.5pt double; padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">402</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-top: Black 0.5pt solid; border-bottom: Black 2.5pt double; padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">264</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 18px; font-style: italic; text-align: left"><FONT STYLE="font-size: 9pt">attributable to:</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">1,346</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 0.375in; color: #0C6C90; font-weight: bold; text-align: left">- Eni's shareholders</TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">412</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">264</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: middle">
    <TD STYLE="padding-right: 2pt; border-bottom: Black 2.5pt double; padding-top: 2pt; font-size: 9pt; text-align: right; background-color: white"><FONT STYLE="font-size: 9pt">(11)</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 0.375in; text-align: left">- Non-controlling interest</TD>
    <TD STYLE="padding-right: 2pt; border-bottom: Black 2.5pt double; padding-top: 2pt; font-size: 9pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">(10)</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: Black 2.5pt double; padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
  </TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 13pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #0c6c90">Reconciliation of Group proforma adjusted EBIT</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font: 12pt Arial, Helvetica, Sans-Serif">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; font-size: 9pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">Q4&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-top: 2pt; font-size: 9pt; font-weight: bold; text-align: center"><FONT STYLE="font-size: 9pt">Q1&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 9pt">
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2pt; font-size: 9pt; font-weight: bold; vertical-align: middle; text-align: right; width: 9%"><FONT STYLE="font-size: 9pt">2023</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-top: 2pt; font-size: 9pt; vertical-align: bottom; text-align: center; width: 64%"><FONT STYLE="font-size: 7pt">(&euro;
    million)</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: black 1pt solid; padding-top: 2pt; font-size: 9pt; font-weight: bold; vertical-align: middle; text-align: right; background-color: #F2F2F2; width: 9%"><FONT STYLE="font-size: 9pt">2024</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: black 1pt solid; padding-top: 2pt; font-size: 9pt; font-weight: bold; vertical-align: middle; text-align: right; width: 9%"><FONT STYLE="font-size: 9pt">2023</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: black 1pt solid; padding-top: 2pt; font-size: 9pt; font-weight: bold; vertical-align: middle; text-align: right; width: 9%"><FONT STYLE="font-size: 9pt">%
    Ch.</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">2,431</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">E&amp;P adjusted Ebit of consolidated subsidiaries</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">2,328</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">2,806</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">(17)</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">889</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">main JV/Associates adjusted Ebit</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">992</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">1,025</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">(3)</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-right: 2pt; border-bottom: Black 0.5pt solid; padding-top: 2pt; font-size: 9pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">3,320</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 18px; font-weight: bold; text-align: left"><FONT STYLE="font-size: 9pt">E&amp;P proforma adjusted Ebit</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: Black 1pt solid; padding-top: 2pt; font-size: 9pt; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">3,320</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: Black 0.5pt solid; padding-top: 2pt; font-size: 9pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">3,831</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: Black 0.5pt solid; padding-top: 2pt; font-size: 9pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">(13)</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">677</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">GGP adjusted Ebit of consolidated subsidiaries</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">293</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">1,372</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">(79)</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">40</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">main JV/Associates adjusted Ebit</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">32</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">48</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">(33)</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-right: 2pt; border-bottom: Black 0.5pt solid; padding-top: 2pt; font-size: 9pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">717</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 18px; font-weight: bold; text-align: left"><FONT STYLE="font-size: 9pt">GGP proforma adjusted Ebit</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: Black 0.5pt solid; padding-top: 2pt; font-size: 9pt; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">325</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: Black 0.5pt solid; padding-top: 2pt; font-size: 9pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">1,420</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: Black 0.5pt solid; padding-top: 2pt; font-size: 9pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">(77)</FONT></TD></TR>
  <TR STYLE="font-size: 9pt">
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 9pt">187</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 18px; vertical-align: bottom; text-align: left"><FONT STYLE="font-size: 9pt">Enilive and Plenitude adjusted
    Ebit of consolidated subsidiaries</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: Black 0.5pt solid; padding-top: 2pt; font-size: 9pt; font-weight: bold; vertical-align: middle; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">427</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: Black 0.5pt solid; padding-top: 2pt; font-size: 9pt; font-weight: bold; vertical-align: middle; text-align: right"><FONT STYLE="font-size: 9pt">270</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: Black 0.5pt solid; padding-top: 2pt; font-size: 9pt; font-weight: bold; vertical-align: middle; text-align: right"><FONT STYLE="font-size: 9pt">58</FONT></TD></TR>
  <TR STYLE="font-size: 9pt">
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 9pt">(19)</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 18px; vertical-align: bottom; text-align: left"><FONT STYLE="font-size: 9pt">main JV/Associates adjusted
    Ebit</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: Black 1pt solid; padding-top: 2pt; font-size: 9pt; font-weight: bold; vertical-align: middle; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">(7)</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: Black 0.5pt solid; padding-top: 2pt; font-size: 9pt; font-weight: bold; vertical-align: middle; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: Black 0.5pt solid; padding-top: 2pt; font-size: 9pt; font-weight: bold; vertical-align: middle; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: middle">
    <TD STYLE="padding-right: 2pt; border-bottom: Black 0.5pt solid; padding-top: 2pt; font-size: 9pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">168</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 18px; font-weight: bold; text-align: left"><FONT STYLE="font-size: 9pt">Enilive and Plenitude proforma adjusted
    Ebit</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: Black 1pt solid; padding-top: 2pt; font-size: 9pt; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">420</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: Black 0.5pt solid; padding-top: 2pt; font-size: 9pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">270</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: Black 0.5pt solid; padding-top: 2pt; font-size: 9pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">56</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">(163)</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">Refining, Chemicals and Power adjusted Ebit of consolidated
    subsidiaries</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">(28)</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">70</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">..</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">76</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">main JV/Associates adjusted Ebit</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">72</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">153</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">(53)</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: middle">
    <TD STYLE="padding-right: 2pt; border-bottom: Black 0.5pt solid; padding-top: 2pt; font-size: 9pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">(87)</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 18px; font-weight: bold; text-align: left"><FONT STYLE="font-size: 9pt">Refining, Chemicals and Power proforma
    adjusted Ebit</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: Black 0.5pt solid; padding-top: 2pt; font-size: 9pt; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">44</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: Black 0.5pt solid; padding-top: 2pt; font-size: 9pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">223</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: Black 0.5pt solid; padding-top: 2pt; font-size: 9pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">(80)</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: middle">
    <TD STYLE="padding-right: 2pt; border-bottom: Black 0.5pt solid; padding-top: 2pt; font-size: 9pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">(228)</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 18px; font-weight: bold; text-align: left"><FONT STYLE="font-size: 9pt">Other segments adjusted Ebit</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: Black 0.5pt solid; padding-top: 2pt; font-size: 9pt; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">(139)</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: Black 0.5pt solid; padding-top: 2pt; font-size: 9pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">(151)</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: Black 0.5pt solid; padding-top: 2pt; font-size: 9pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">8</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: middle">
    <TD STYLE="padding-right: 2pt; border-bottom: Black 0.5pt solid; padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">(135)</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">Impact of unrealized intragroup profit elimination</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: Black 1pt solid; padding-top: 2pt; font-size: 9pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">146</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: Black 0.5pt solid; padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">274</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: Black 0.5pt solid; padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-right: 2pt; border-bottom: Black 2.5pt double; padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">3,755</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 18px; color: #0C6C90; font-weight: bold; text-align: left"><FONT STYLE="font-size: 9pt">Group
    proforma adjusted Ebit <SUP>(a)</SUP></FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: Black 2.5pt double; padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">4,116</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: Black 2.5pt double; padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">5,867</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: Black 2.5pt double; padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">(30)</FONT></TD></TR>
  <TR STYLE="font-size: 3pt; vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; font-size: 3pt"><FONT STYLE="font-size: 3pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; font-size: 3pt; font-weight: bold; text-align: left"><FONT STYLE="font-size: 3pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; font-size: 3pt; font-weight: bold; text-align: left"><FONT STYLE="font-size: 3pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; font-size: 3pt; font-weight: bold; text-align: left"><FONT STYLE="font-size: 3pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; font-size: 3pt; font-weight: bold; text-align: left"><FONT STYLE="font-size: 3pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 8pt; vertical-align: middle">
    <TD COLSPAN="5" STYLE="padding-top: 2pt; font-size: 8pt; text-align: left"><FONT STYLE="font-size: 8pt">(a) Main JV/Associates are V&aring;r Energi,
    Azule Energy, Mozambique Rovuma Venture, SeaCorridor, Adnoc R&amp;GT and St. Bernard Renewables Llc.</FONT></TD></TR>
  </TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 28; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="color: rgb(127,127,127); text-align: center; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->25<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 13pt; color: #0c6c90">Group
consolidated profit and loss reconciliation GAAP vs Non-GAAP</FONT></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font: 11pt Arial, Helvetica, Sans-Serif">
  <TR>
    <TD STYLE="border-bottom: Black 2.5pt double; font-size: 9pt; font-weight: bold; vertical-align: bottom; text-align: center"><FONT STYLE="font-size: 9pt">2024</FONT></TD>
    <TD COLSPAN="5" STYLE="border-bottom: Black 2.5pt double; font-size: 9pt; font-weight: bold; vertical-align: middle; text-align: center"><FONT STYLE="font-size: 9pt">Q1&nbsp;</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-bottom: 2pt; font-size: 9pt; font-weight: bold; vertical-align: bottom; text-align: center"><FONT STYLE="font-size: 3pt">&nbsp;</FONT></TD>
    <TD COLSPAN="5" STYLE="padding-bottom: 2pt; font-size: 9pt; font-weight: bold; vertical-align: middle; text-align: center"><FONT STYLE="font-size: 3pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 9pt">
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 9pt; vertical-align: bottom; text-align: left; width: 55%"><FONT STYLE="font-size: 9pt">(&euro; million)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-bottom: 2pt; font-size: 9pt; font-weight: bold; vertical-align: middle; text-align: center; width: 9%"><FONT STYLE="font-size: 9pt">Reported
    <BR>
results</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-bottom: 2pt; font-size: 9pt; font-style: italic; vertical-align: middle; text-align: center; width: 9%"><FONT STYLE="font-size: 9pt">Profit
    on <BR>
stock</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-bottom: 2pt; font-size: 9pt; font-style: italic; vertical-align: middle; text-align: center; width: 9%"><FONT STYLE="font-size: 9pt">Special
    <BR>
items</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-bottom: 2pt; font-size: 9pt; font-style: italic; vertical-align: middle; text-align: center; width: 9%"><FONT STYLE="font-size: 9pt">Finance
    <BR>
expense <BR>
reclassified</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-bottom: 2pt; font-size: 9pt; font-weight: bold; vertical-align: middle; text-align: center; width: 9%"><FONT STYLE="font-size: 9pt">Adjusted
    <BR>
results</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="font-size: 9pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center; font-size: 9pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center; font-size: 9pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center; font-size: 9pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center; font-size: 9pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center; font-size: 9pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-bottom: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold"><FONT STYLE="font-size: 9pt">Operating profit</FONT></TD>
    <TD STYLE="padding-bottom: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: center"><FONT STYLE="font-size: 9pt">2,670</FONT></TD>
    <TD STYLE="padding-bottom: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: center"><FONT STYLE="font-size: 9pt">(56)</FONT></TD>
    <TD STYLE="padding-bottom: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: center"><FONT STYLE="font-size: 9pt">382</FONT></TD>
    <TD STYLE="padding-bottom: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: center"><FONT STYLE="font-size: 9pt">31</FONT></TD>
    <TD STYLE="padding-bottom: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: center"><FONT STYLE="font-size: 9pt">3,027</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-bottom: 2pt; font-size: 9pt"><FONT STYLE="font-size: 9pt">Finance income (expense)</FONT></TD>
    <TD STYLE="padding-bottom: 2pt; font-size: 9pt; text-align: center"><FONT STYLE="font-size: 9pt">(216)</FONT></TD>
    <TD STYLE="padding-bottom: 2pt; font-size: 9pt; text-align: center"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 2pt; font-size: 9pt; text-align: center"><FONT STYLE="font-size: 9pt">1</FONT></TD>
    <TD STYLE="padding-bottom: 2pt; font-size: 9pt; text-align: center"><FONT STYLE="font-size: 9pt">(31)</FONT></TD>
    <TD STYLE="padding-bottom: 2pt; font-size: 9pt; text-align: center"><FONT STYLE="font-size: 9pt">(246)</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-bottom: 2pt; font-size: 9pt; font-weight: bold"><FONT STYLE="font-size: 9pt">Income (expense) from investments</FONT></TD>
    <TD STYLE="padding-bottom: 2pt; font-size: 9pt; font-weight: bold; text-align: center"><FONT STYLE="font-size: 9pt">271</FONT></TD>
    <TD STYLE="padding-bottom: 2pt; font-size: 9pt; font-weight: bold; text-align: center"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 2pt; font-size: 9pt; font-weight: bold; text-align: center"><FONT STYLE="font-size: 9pt">74</FONT></TD>
    <TD STYLE="padding-bottom: 2pt; font-size: 9pt; font-weight: bold; text-align: center"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 2pt; font-size: 9pt; font-weight: bold; text-align: center"><FONT STYLE="font-size: 9pt">345</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-bottom: 2pt; font-size: 9pt"><FONT STYLE="font-size: 9pt">Income taxes</FONT></TD>
    <TD STYLE="padding-bottom: 2pt; font-size: 9pt; text-align: center"><FONT STYLE="font-size: 9pt">(1,488)</FONT></TD>
    <TD STYLE="padding-bottom: 2pt; font-size: 9pt; text-align: center"><FONT STYLE="font-size: 9pt">15</FONT></TD>
    <TD STYLE="padding-bottom: 2pt; font-size: 9pt; text-align: center"><FONT STYLE="font-size: 9pt">(55)</FONT></TD>
    <TD STYLE="padding-bottom: 2pt; font-size: 9pt; text-align: center"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 2pt; font-size: 9pt; text-align: center"><FONT STYLE="font-size: 9pt">(1,528)</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-bottom: 2pt; font-size: 9pt; font-weight: bold"><FONT STYLE="font-size: 9pt">Net profit</FONT></TD>
    <TD STYLE="padding-bottom: 2pt; font-size: 9pt; font-weight: bold; text-align: center"><FONT STYLE="font-size: 9pt">1,237</FONT></TD>
    <TD STYLE="padding-bottom: 2pt; font-size: 9pt; font-weight: bold; text-align: center"><FONT STYLE="font-size: 9pt">(41)</FONT></TD>
    <TD STYLE="padding-bottom: 2pt; font-size: 9pt; font-weight: bold; text-align: center"><FONT STYLE="font-size: 9pt">402</FONT></TD>
    <TD STYLE="padding-bottom: 2pt; font-size: 9pt; font-weight: bold; text-align: center"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 2pt; font-size: 9pt; font-weight: bold; text-align: center"><FONT STYLE="font-size: 9pt">1,598</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-bottom: 2pt; padding-left: 0.125in; font-size: 9pt; text-align: left">- Non-controlling interest</TD>
    <TD STYLE="padding-bottom: 2pt; font-size: 9pt; text-align: center"><FONT STYLE="font-size: 9pt">26</FONT></TD>
    <TD STYLE="padding-bottom: 2pt; font-size: 9pt; text-align: center"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 2pt; font-size: 9pt; text-align: center"><FONT STYLE="font-size: 9pt">(10)</FONT></TD>
    <TD STYLE="padding-bottom: 2pt; font-size: 9pt; text-align: center"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 2pt; font-size: 9pt; text-align: center"><FONT STYLE="font-size: 9pt">16</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-bottom: 2pt; border-bottom: Black 2.5pt double; font-size: 9pt; color: #0C6C90; font-weight: bold"><FONT STYLE="font-size: 9pt">Net profit attributable to Eni's shareholders</FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double; padding-bottom: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: center"><FONT STYLE="font-size: 9pt">1,211</FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double; padding-bottom: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: center"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double; padding-bottom: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: center"><FONT STYLE="font-size: 9pt">412</FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double; padding-bottom: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: center"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double; padding-bottom: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: center"><FONT STYLE="font-size: 9pt">1,582</FONT></TD></TR>
  </TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font: 12pt Arial, Helvetica, Sans-Serif">
  <TR STYLE="font-size: 9pt">
    <TD STYLE="border-bottom: Black 2.5pt double; font-size: 9pt; font-weight: bold; vertical-align: bottom; text-align: center"><FONT STYLE="font-size: 9pt">2023</FONT></TD>
    <TD COLSPAN="5" STYLE="border-bottom: Black 2.5pt double; font-size: 9pt; font-weight: bold; vertical-align: middle; text-align: center"><FONT STYLE="font-size: 9pt">Q1&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 9pt">
    <TD STYLE="font-size: 9pt; font-weight: bold; vertical-align: bottom; text-align: center"><FONT STYLE="font-size: 3pt">&nbsp;</FONT></TD>
    <TD COLSPAN="5" STYLE="font-size: 9pt; font-weight: bold; vertical-align: middle; text-align: center"><FONT STYLE="font-size: 3pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 9pt">
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 9pt; vertical-align: bottom; text-align: left; width: 55%"><FONT STYLE="font-size: 9pt">(&euro; million)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-bottom: 2pt; font-size: 9pt; font-weight: bold; vertical-align: middle; text-align: center; width: 9%"><FONT STYLE="font-size: 9pt">Reported <BR>
results</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-bottom: 2pt; font-size: 9pt; font-style: italic; vertical-align: middle; text-align: center; width: 9%"><FONT STYLE="font-size: 9pt">Profit on <BR>
stock</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-bottom: 2pt; font-size: 9pt; font-style: italic; vertical-align: middle; text-align: center; width: 9%"><FONT STYLE="font-size: 9pt">Special<BR>
 items</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-bottom: 2pt; font-size: 9pt; font-style: italic; vertical-align: middle; text-align: center; width: 9%"><FONT STYLE="font-size: 9pt">Finance <BR>
expense <BR>
reclassified</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-bottom: 2pt; font-size: 9pt; font-weight: bold; vertical-align: middle; text-align: center; width: 9%"><FONT STYLE="font-size: 9pt">Adjusted <BR>
results</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="font-size: 9pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center; font-size: 9pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center; font-size: 9pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center; font-size: 9pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center; font-size: 9pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center; font-size: 9pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 9pt">
    <TD STYLE="padding-bottom: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; vertical-align: bottom"><FONT STYLE="font-size: 9pt">Operating profit</FONT></TD>
    <TD STYLE="padding-bottom: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; vertical-align: bottom; text-align: center"><FONT STYLE="font-size: 9pt">2,513</FONT></TD>
    <TD STYLE="padding-bottom: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; vertical-align: bottom; text-align: center"><FONT STYLE="font-size: 9pt">357</FONT></TD>
    <TD STYLE="padding-bottom: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; vertical-align: bottom; text-align: center"><FONT STYLE="font-size: 9pt">1,770</FONT></TD>
    <TD STYLE="padding-bottom: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; vertical-align: bottom; text-align: center"><FONT STYLE="font-size: 9pt">1</FONT></TD>
    <TD STYLE="padding-bottom: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; vertical-align: middle; text-align: center"><FONT STYLE="font-size: 9pt">4,641</FONT></TD></TR>
  <TR STYLE="font-size: 9pt">
    <TD STYLE="padding-bottom: 2pt; font-size: 9pt; vertical-align: bottom"><FONT STYLE="font-size: 9pt">Finance income (expense)</FONT></TD>
    <TD STYLE="padding-bottom: 2pt; font-size: 9pt; vertical-align: bottom; text-align: center"><FONT STYLE="font-size: 9pt">(124)</FONT></TD>
    <TD STYLE="padding-bottom: 2pt; font-size: 9pt; vertical-align: bottom; text-align: center"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 2pt; font-size: 9pt; vertical-align: bottom; text-align: center"><FONT STYLE="font-size: 9pt">2</FONT></TD>
    <TD STYLE="padding-bottom: 2pt; font-size: 9pt; vertical-align: bottom; text-align: center"><FONT STYLE="font-size: 9pt">(1)</FONT></TD>
    <TD STYLE="padding-bottom: 2pt; font-size: 9pt; vertical-align: middle; text-align: center"><FONT STYLE="font-size: 9pt">(123)</FONT></TD></TR>
  <TR STYLE="font-size: 9pt">
    <TD STYLE="padding-bottom: 2pt; font-size: 9pt; font-weight: bold; vertical-align: bottom"><FONT STYLE="font-size: 9pt">Income (expense) from investments</FONT></TD>
    <TD STYLE="padding-bottom: 2pt; font-size: 9pt; font-weight: bold; vertical-align: bottom; text-align: center"><FONT STYLE="font-size: 9pt">1,192</FONT></TD>
    <TD STYLE="padding-bottom: 2pt; font-size: 9pt; font-weight: bold; vertical-align: bottom; text-align: center"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 2pt; font-size: 9pt; font-weight: bold; vertical-align: bottom; text-align: center"><FONT STYLE="font-size: 9pt">(729)</FONT></TD>
    <TD STYLE="padding-bottom: 2pt; font-size: 9pt; font-weight: bold; vertical-align: bottom; text-align: center"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 2pt; font-size: 9pt; font-weight: bold; vertical-align: middle; text-align: center"><FONT STYLE="font-size: 9pt">463</FONT></TD></TR>
  <TR STYLE="font-size: 9pt">
    <TD STYLE="padding-bottom: 2pt; font-size: 9pt; vertical-align: bottom"><FONT STYLE="font-size: 9pt">Income taxes</FONT></TD>
    <TD STYLE="padding-bottom: 2pt; font-size: 9pt; font-style: italic; vertical-align: bottom; text-align: center"><FONT STYLE="font-size: 9pt">(1,174)</FONT></TD>
    <TD STYLE="padding-bottom: 2pt; font-size: 9pt; font-style: italic; vertical-align: bottom; text-align: center"><FONT STYLE="font-size: 9pt">(102)</FONT></TD>
    <TD STYLE="padding-bottom: 2pt; font-size: 9pt; font-style: italic; vertical-align: bottom; text-align: center"><FONT STYLE="font-size: 9pt">(779)</FONT></TD>
    <TD STYLE="padding-bottom: 2pt; font-size: 9pt; font-style: italic; vertical-align: bottom; text-align: center"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 2pt; font-size: 9pt; font-style: italic; vertical-align: middle; text-align: center"><FONT STYLE="font-size: 9pt">(2,055)</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-bottom: 2pt; font-size: 9pt; font-weight: bold"><FONT STYLE="font-size: 9pt">Net profit</FONT></TD>
    <TD STYLE="padding-bottom: 2pt; font-size: 9pt; font-weight: bold; text-align: center"><FONT STYLE="font-size: 9pt">2,407</FONT></TD>
    <TD STYLE="padding-bottom: 2pt; font-size: 9pt; font-weight: bold; text-align: center"><FONT STYLE="font-size: 9pt">255</FONT></TD>
    <TD STYLE="padding-bottom: 2pt; font-size: 9pt; font-weight: bold; text-align: center"><FONT STYLE="font-size: 9pt">264</FONT></TD>
    <TD STYLE="padding-bottom: 2pt; font-size: 9pt; font-weight: bold; text-align: center"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 2pt; font-size: 9pt; font-weight: bold; text-align: center"><FONT STYLE="font-size: 9pt">2,926</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-bottom: 2pt; padding-left: 0.125in; font-size: 9pt">- Non-controlling interest</TD>
    <TD STYLE="padding-bottom: 2pt; font-size: 9pt; text-align: center"><FONT STYLE="font-size: 9pt">19</FONT></TD>
    <TD STYLE="padding-bottom: 2pt; font-size: 9pt; text-align: center"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 2pt; font-size: 9pt; text-align: center"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 2pt; font-size: 9pt; text-align: center"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 2pt; font-size: 9pt; text-align: center"><FONT STYLE="font-size: 9pt">19</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: middle">
    <TD STYLE="padding-bottom: 2pt; border-bottom: Black 2.5pt double; font-size: 9pt; color: #0C6C90; font-weight: bold"><FONT STYLE="font-size: 9pt">Net profit attributable to Eni's shareholders</FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double; padding-bottom: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: center"><FONT STYLE="font-size: 9pt">2,388</FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double; padding-bottom: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: center"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double; padding-bottom: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: center"><FONT STYLE="font-size: 9pt">264</FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double; padding-bottom: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: center"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double; padding-bottom: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: center"><FONT STYLE="font-size: 9pt">2,907</FONT></TD></TR>
  </TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font: 12pt Arial, Helvetica, Sans-Serif">
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="border-bottom: Black 2.5pt double; padding-bottom: 2pt; font-size: 9pt; font-weight: bold; text-align: center"><FONT STYLE="font-size: 9pt">2023</FONT></TD>
    <TD COLSPAN="5" STYLE="border-bottom: Black 2.5pt double; padding-bottom: 2pt; font-size: 9pt; font-weight: bold; text-align: center"><FONT STYLE="font-size: 9pt">Q4&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="font-size: 9pt; font-weight: bold; text-align: center"><FONT STYLE="font-size: 3pt">&nbsp;</FONT></TD>
    <TD COLSPAN="5" STYLE="font-size: 9pt; font-weight: bold; text-align: center"><FONT STYLE="font-size: 3pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 9pt">
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 9pt; vertical-align: bottom; text-align: left; width: 58%"><FONT STYLE="font-size: 9pt">(&euro; million)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-bottom: 2pt; font-size: 9pt; font-weight: bold; vertical-align: middle; text-align: center; width: 9%"><FONT STYLE="font-size: 9pt">Reported <BR>
results</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-bottom: 2pt; font-size: 9pt; font-style: italic; vertical-align: middle; text-align: center; width: 8%"><FONT STYLE="font-size: 9pt">Profit on <BR>
stock</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-bottom: 2pt; font-size: 9pt; font-style: italic; vertical-align: middle; text-align: center; width: 7%"><FONT STYLE="font-size: 9pt">Special <BR>
items</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-bottom: 2pt; font-size: 9pt; font-style: italic; vertical-align: middle; text-align: center; width: 9%"><FONT STYLE="font-size: 9pt">Finance <BR>
expense <BR>
reclassified</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-bottom: 2pt; font-size: 9pt; font-weight: bold; vertical-align: middle; text-align: center; width: 9%"><FONT STYLE="font-size: 9pt">Adjusted <BR>
results</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="font-size: 9pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center; font-size: 9pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center; font-size: 9pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center; font-size: 9pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center; font-size: 9pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center; font-size: 9pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-bottom: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold"><FONT STYLE="font-size: 9pt">Operating profit</FONT></TD>
    <TD STYLE="padding-bottom: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: center"><FONT STYLE="font-size: 9pt">856</FONT></TD>
    <TD STYLE="padding-bottom: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: center"><FONT STYLE="font-size: 9pt">203</FONT></TD>
    <TD STYLE="padding-bottom: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: center"><FONT STYLE="font-size: 9pt">1,761</FONT></TD>
    <TD STYLE="padding-bottom: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: center"><FONT STYLE="font-size: 9pt">(51)</FONT></TD>
    <TD STYLE="padding-bottom: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: center"><FONT STYLE="font-size: 9pt">2,769</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-bottom: 2pt; font-size: 9pt"><FONT STYLE="font-size: 9pt">Finance income (expense)</FONT></TD>
    <TD STYLE="padding-bottom: 2pt; font-size: 9pt; text-align: center"><FONT STYLE="font-size: 9pt">(110)</FONT></TD>
    <TD STYLE="padding-bottom: 2pt; font-size: 9pt; text-align: center"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 2pt; font-size: 9pt; text-align: center"><FONT STYLE="font-size: 9pt">5</FONT></TD>
    <TD STYLE="padding-bottom: 2pt; font-size: 9pt; text-align: center"><FONT STYLE="font-size: 9pt">51</FONT></TD>
    <TD STYLE="padding-bottom: 2pt; font-size: 9pt; text-align: center"><FONT STYLE="font-size: 9pt">(54)</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-bottom: 2pt; font-size: 9pt; font-weight: bold"><FONT STYLE="font-size: 9pt">Income (expense) from investments</FONT></TD>
    <TD STYLE="padding-bottom: 2pt; font-size: 9pt; font-weight: bold; text-align: center"><FONT STYLE="font-size: 9pt">406</FONT></TD>
    <TD STYLE="padding-bottom: 2pt; font-size: 9pt; font-weight: bold; text-align: center"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 2pt; font-size: 9pt; font-weight: bold; text-align: center"><FONT STYLE="font-size: 9pt">68</FONT></TD>
    <TD STYLE="padding-bottom: 2pt; font-size: 9pt; font-weight: bold; text-align: center"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 2pt; font-size: 9pt; font-weight: bold; text-align: center"><FONT STYLE="font-size: 9pt">474</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-bottom: 2pt; font-size: 9pt; font-weight: bold"><FONT STYLE="font-size: 9pt">Income taxes</FONT></TD>
    <TD STYLE="padding-bottom: 2pt; font-size: 9pt; text-align: center"><FONT STYLE="font-size: 9pt">(948)</FONT></TD>
    <TD STYLE="padding-bottom: 2pt; font-size: 9pt; text-align: center"><FONT STYLE="font-size: 9pt">(60)</FONT></TD>
    <TD STYLE="padding-bottom: 2pt; font-size: 9pt; text-align: center"><FONT STYLE="font-size: 9pt">(499)</FONT></TD>
    <TD STYLE="padding-bottom: 2pt; font-size: 9pt; text-align: center"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 2pt; font-size: 9pt; text-align: center"><FONT STYLE="font-size: 9pt">(1,507)</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-bottom: 2pt; font-size: 9pt"><FONT STYLE="font-size: 9pt">Net profit</FONT></TD>
    <TD STYLE="padding-bottom: 2pt; font-size: 9pt; font-weight: bold; text-align: center"><FONT STYLE="font-size: 9pt">204</FONT></TD>
    <TD STYLE="padding-bottom: 2pt; font-size: 9pt; font-weight: bold; text-align: center"><FONT STYLE="font-size: 9pt">143</FONT></TD>
    <TD STYLE="padding-bottom: 2pt; font-size: 9pt; font-weight: bold; text-align: center"><FONT STYLE="font-size: 9pt">1,335</FONT></TD>
    <TD STYLE="padding-bottom: 2pt; font-size: 9pt; color: white; font-weight: bold; text-align: center"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 2pt; font-size: 9pt; font-weight: bold; text-align: center"><FONT STYLE="font-size: 9pt">1,682</FONT></TD></TR>
  <TR STYLE="font-size: 9pt">
    <TD STYLE="padding-bottom: 2pt; padding-left: 0.125in; font-size: 9pt; color: #0C6C90; font-weight: bold; vertical-align: middle">- Non-controlling interest</TD>
    <TD STYLE="padding-bottom: 2pt; font-size: 9pt; vertical-align: bottom; text-align: center"><FONT STYLE="font-size: 9pt">31</FONT></TD>
    <TD STYLE="padding-bottom: 2pt; font-size: 9pt; vertical-align: bottom; text-align: center"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 2pt; font-size: 9pt; vertical-align: bottom; text-align: center"><FONT STYLE="font-size: 9pt">(11)</FONT></TD>
    <TD STYLE="padding-bottom: 2pt; font-size: 9pt; vertical-align: bottom; text-align: center"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 2pt; font-size: 9pt; vertical-align: bottom; text-align: center"><FONT STYLE="font-size: 9pt">20</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-bottom: 2pt; border-bottom: Black 2.5pt double; font-size: 9pt"><FONT STYLE="font-size: 9pt">Net profit attributable to Eni's shareholders</FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double; padding-bottom: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: center"><FONT STYLE="font-size: 9pt">173</FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double; padding-bottom: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: center"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double; padding-bottom: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: center"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double; padding-bottom: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: center"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double; padding-bottom: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: center"><FONT STYLE="font-size: 9pt">1,662</FONT></TD></TR>
  </TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 29; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="color: rgb(127,127,127); text-align: center; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->26<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%">
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="1" STYLE="font: bold 14pt Arial, Helvetica, Sans-Serif; padding-top: 4pt; background-color: rgb(11,107,144); color: white; padding-bottom: 4pt; padding-left: 8pt">Analysis of Profit
and Loss account items</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 13pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; color: #0c6c90">Sales from operations</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font: 12pt Arial, Helvetica, Sans-Serif">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 9pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">Q4&nbsp;</FONT></TD>
    <TD STYLE="font-size: 9pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font-size: 9pt; font-weight: bold; text-align: center"><FONT STYLE="font-size: 9pt">Q1&nbsp;</FONT></TD>
    <TD STYLE="font-size: 9pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 9pt">
    <TD STYLE="padding-top: 2pt; font-size: 9pt; font-weight: bold; vertical-align: middle; border-bottom: black 1pt solid; text-align: right; width: 9%"><FONT STYLE="font-size: 9pt">2023</FONT></TD>
    <TD STYLE="padding-top: 2pt; border-bottom: Black 1pt solid; font-size: 9pt; vertical-align: bottom; text-align: center; width: 64%"><FONT STYLE="font-size: 7pt">(&euro;
    million)</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; font-weight: bold; vertical-align: middle; border-bottom: black 1pt solid; text-align: right; background-color: #F2F2F2; width: 9%"><FONT STYLE="font-size: 9pt">2024</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; font-weight: bold; vertical-align: middle; border-bottom: black 1pt solid; text-align: right; width: 9%"><FONT STYLE="font-size: 9pt">2023</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; font-weight: bold; vertical-align: middle; border-bottom: black 1pt solid; text-align: right; width: 9%"><FONT STYLE="font-size: 9pt">%
    Ch.</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">6,334</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">Exploration &amp; Production</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">5,608</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">6,001</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">(7)</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">5,450</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">Global Gas &amp; LNG Portfolio</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">4,400</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">7,944</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">(45)</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">8,306</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">Enilive and Plenitude</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">8,522</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">9,094</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">(6)</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">13,878</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">Refining, Chemicals and Power</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">12,598</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">12,339</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">2</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">578</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">Corporate and other activities</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">478</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">441</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">8</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">(9,924)</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">Consolidation adjustments</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">(8,670)</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">(8,634)</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="border-bottom: Black 2.5pt double; padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">24,622</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: Black 2.5pt double; padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">22,936</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: Black 2.5pt double; padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">27,185</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: Black 2.5pt double; padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">(16)</FONT></TD></TR>
  </TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 13pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #0c6c90">Operating expenses</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font: 12pt Arial, Helvetica, Sans-Serif">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 9pt; padding-right: 9px; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">Q4&nbsp;</FONT></TD>
    <TD STYLE="font-size: 9pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font-size: 9pt; font-weight: bold; text-align: center"><FONT STYLE="font-size: 9pt">Q1&nbsp;</FONT></TD>
    <TD STYLE="font-size: 9pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 9pt">
    <TD STYLE="padding-top: 2pt; font-size: 9pt; font-weight: bold; vertical-align: middle; border-bottom: black 1pt solid; text-align: right; width: 9%"><FONT STYLE="font-size: 9pt">2023</FONT></TD>
    <TD STYLE="padding-top: 2pt; border-bottom: Black 1pt solid; font-size: 9pt; vertical-align: bottom; text-align: center; width: 64%"><FONT STYLE="font-size: 7pt">(&euro;
    million)</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; font-weight: bold; vertical-align: middle; border-bottom: black 1pt solid; text-align: right; background-color: #F2F2F2; width: 9%"><FONT STYLE="font-size: 9pt">2024</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; font-weight: bold; vertical-align: middle; border-bottom: black 1pt solid; text-align: right; width: 9%"><FONT STYLE="font-size: 9pt">2023</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; font-weight: bold; vertical-align: middle; border-bottom: black 1pt solid; text-align: right; width: 9%"><FONT STYLE="font-size: 9pt">%
    Ch.</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-right: 9px; text-align: right"><FONT STYLE="font-size: 9pt">19,785</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 9px; text-align: left"><FONT STYLE="font-size: 9pt">Purchases, services and other&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">17,361</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">21,976</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-right: 9px; text-align: right"><FONT STYLE="font-size: 9pt">(21)</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-right: 9px; text-align: right"><FONT STYLE="font-size: 9pt">139</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 9px; text-align: left"><FONT STYLE="font-size: 9pt">Impairment losses (impairment reversals) of trade and
    other receivables, net</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">51</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">108</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-right: 9px; text-align: right"><FONT STYLE="font-size: 9pt">(53)</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-right: 9px; text-align: right"><FONT STYLE="font-size: 9pt">933</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 9px; text-align: left"><FONT STYLE="font-size: 9pt">Payroll and related costs</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">839</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">794</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-right: 9px; text-align: right"><FONT STYLE="font-size: 9pt">6</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-right: 9px; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">218</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 18px; font-style: italic; text-align: left"><FONT STYLE="font-size: 9pt">of which:&nbsp;&nbsp;&nbsp;provision
    for redundancy incentives and other</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; font-style: italic; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">19</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">18</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-right: 9px; text-align: right"><FONT STYLE="font-size: 9pt">6</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="border-bottom: Black 2.5pt double; padding-top: 2pt; font-size: 9pt; padding-right: 9px; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">20,857</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: Black 2.5pt double; padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">18,251</FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double; padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">22,878</FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double; padding-top: 2pt; font-size: 9pt; padding-right: 9px; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">(20)</FONT></TD></TR>
  </TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 13pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #0c6c90">DD&amp;A, impairments, reversals and write-off</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font: 12pt Arial, Helvetica, Sans-Serif">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 9pt; padding-right: 9px; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">Q4&nbsp;</FONT></TD>
    <TD STYLE="font-size: 9pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font-size: 9pt; font-weight: bold; text-align: center"><FONT STYLE="font-size: 9pt">Q1&nbsp;</FONT></TD>
    <TD STYLE="font-size: 9pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 9pt">
    <TD STYLE="border-bottom: Black 1pt solid; padding-bottom: 1pt; padding-top: 2pt; font-size: 9pt; font-weight: bold; vertical-align: middle; text-align: right; width: 9%"><FONT STYLE="font-size: 9pt"><B>2023</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-bottom: 1pt; padding-top: 2pt; font-size: 9pt; vertical-align: bottom; text-align: center; width: 64%"><FONT STYLE="font-size: 7pt">(&euro;
    million)</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: Black 1pt solid; padding-bottom: 1pt; padding-top: 2pt; font-size: 9pt; font-weight: bold; vertical-align: middle; background-color: #F2F2F2; text-align: right; width: 9%"><FONT STYLE="font-size: 9pt"><B>2024</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-bottom: 1pt; padding-top: 2pt; font-size: 9pt; font-weight: bold; vertical-align: middle; text-align: right; width: 9%"><FONT STYLE="font-size: 9pt"><B>2023</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-bottom: 1pt; padding-top: 2pt; font-size: 9pt; padding-right: 9px; font-weight: bold; vertical-align: middle; text-align: right; width: 9%"><FONT STYLE="font-size: 9pt"><B>%
    Ch.</B></FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">1,609</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">Exploration &amp; Production&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">1,616</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">1,552</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">4</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">62</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">Global Gas &amp; LNG Portfolio</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">60</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">50</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">20</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">180</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">Enilive and Plenitude</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">164</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">155</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">6</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">99</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">Refining, Chemicals and Power</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">90</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">70</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">29</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">44</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">Corporate and other activities</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">36</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">33</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">9</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">(9)</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">Impact of unrealized intragroup profit elimination</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-size: 9pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">(8)</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">(8)</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="border-bottom: Black 1pt solid; padding-bottom: 0.5pt; padding-top: 2pt; font-size: 9pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">1,985</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; padding-top: 2pt; font-size: 9pt; padding-left: 18px; font-weight: bold; text-align: left"><FONT STYLE="font-size: 9pt">Total depreciation, depletion and
    <BR>
    amortization</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: Black 1pt solid; padding-bottom: 0.5pt; padding-top: 2pt; font-size: 9pt; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">1,958</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-bottom: 0.5pt; padding-top: 2pt; font-size: 9pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">1,852</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-bottom: 0.5pt; padding-top: 2pt; font-size: 9pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">6</FONT></TD></TR>
  <TR STYLE="font-size: 9pt">
    <TD STYLE="border-bottom: Black 1pt solid; padding-bottom: 0.5pt; padding-top: 2pt; font-size: 9pt; font-weight: bold; vertical-align: middle; text-align: right"><FONT STYLE="font-size: 9pt">1,377</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; padding-top: 2pt; font-size: 9pt; padding-left: 18px; font-weight: bold; vertical-align: bottom; text-align: left"><FONT STYLE="font-size: 9pt">Impairment
    losses (impairment reversals) of tangible and intangible and right of use assets, net</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: Black 1pt solid; padding-bottom: 0.5pt; padding-top: 2pt; font-size: 9pt; font-weight: bold; vertical-align: middle; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">68</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-bottom: 0.5pt; padding-top: 2pt; font-size: 9pt; font-weight: bold; vertical-align: middle; text-align: right"><FONT STYLE="font-size: 9pt">59</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-bottom: 0.5pt; padding-top: 2pt; font-size: 9pt; font-weight: bold; vertical-align: middle; text-align: right"><FONT STYLE="font-size: 9pt">15</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="border-bottom: Black 1pt solid; padding-bottom: 0.5pt; padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right; border-top-color: Black; border-top-width: 0.5pt"><FONT STYLE="font-size: 9pt">3,362</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; padding-top: 2pt; font-size: 9pt; padding-left: 18px; color: #0C6C90; font-weight: bold; text-align: left"><FONT STYLE="font-size: 9pt">Depreciation, depletion,
    amortization, impairments and reversals</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: Black 1pt solid; padding-bottom: 0.5pt; padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right; border-top-color: Black; border-top-width: 0.5pt; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">2,026</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-bottom: 0.5pt; padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right; border-top-color: Black; border-top-width: 0.5pt"><FONT STYLE="font-size: 9pt">1,911</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-bottom: 0.5pt; padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right; border-top-color: Black; border-top-width: 0.5pt"><FONT STYLE="font-size: 9pt">6</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="border-bottom: Black 1pt solid; padding-bottom: 0.5pt; padding-top: 2pt; font-size: 9pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">315</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; padding-top: 2pt; font-size: 9pt; padding-left: 18px; font-weight: bold; text-align: left"><FONT STYLE="font-size: 9pt">Write-off of tangible and intangible
    assets</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: Black 1pt solid; padding-bottom: 0.5pt; padding-top: 2pt; font-size: 9pt; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">33</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-bottom: 0.5pt; padding-top: 2pt; font-size: 9pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">32</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-bottom: 0.5pt; padding-top: 2pt; font-size: 9pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">3</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="border-bottom: Black 2.5pt double; padding-bottom: 2pt; padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right; border-top-color: Black; border-top-width: 0.5pt"><FONT STYLE="font-size: 9pt">3,677</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; border-bottom: Black 2.5pt double; padding-bottom: 2pt; padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right; border-top-color: Black; border-top-width: 0.5pt; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">2,059</FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double; padding-bottom: 2pt; padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right; border-top-color: Black; border-top-width: 0.5pt"><FONT STYLE="font-size: 9pt">1,943</FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double; padding-bottom: 2pt; padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right; border-top-color: Black; border-top-width: 0.5pt"><FONT STYLE="font-size: 9pt">6</FONT></TD></TR>
  </TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 13pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #0c6c90">Income (expense) from investments</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font: 12pt Arial, Helvetica, Sans-Serif">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: Black 1pt solid; padding-bottom: 0.5pt; font-size: 9pt; text-align: left; width: 37%"><FONT STYLE="font-size: 7pt">(&euro;
    million)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-bottom: 0.5pt; font-size: 9pt; width: 11%"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-bottom: 0.5pt; font-size: 9pt; width: 11%"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-bottom: 0.5pt; font-size: 9pt; text-align: right; width: 10%"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-bottom: 0.5pt; font-size: 9pt; width: 11%"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-bottom: 0.5pt; font-size: 9pt; text-align: right; width: 11%"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-bottom: 0.5pt; font-size: 9pt; text-align: right; width: 9%"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: middle">
    <TD STYLE="border-bottom: Black 1pt solid; padding-bottom: 0.5pt; font-size: 9pt; font-weight: bold; text-align: left; border-top-color: Black; border-top-width: 0.5pt"><FONT STYLE="font-size: 9pt">First
    Quarter&nbsp;&nbsp;2024</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-bottom: 0.5pt; font-size: 9pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">Exploration &amp;<BR>
    Production</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-bottom: 0.5pt; font-size: 9pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">Global Gas &amp;
    <BR>
LNG Portfolio</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-bottom: 0.5pt; font-size: 9pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">Enilive and <BR>
Plenitude</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-bottom: 0.5pt; font-size: 9pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">Refining, <BR>
Chemicals
    and <BR>
Power</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-bottom: 0.5pt; font-size: 9pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">Corporate and <BR>
other
    activities</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-bottom: 0.5pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">Group</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: left"><FONT STYLE="font-size: 9pt">Share of profit (loss) from equity-accounted investments</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">194</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">8</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">(15)</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">68</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">6</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">261</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: left"><FONT STYLE="font-size: 9pt">Dividends&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">9</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">9</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: left"><FONT STYLE="font-size: 9pt">Net gains (losses) on disposals</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">18</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">18</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: left"><FONT STYLE="font-size: 9pt">Other income (expense), net</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">(12)</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">(5)</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">(17)</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="border-bottom: Black 2.5pt double; padding-bottom: 2pt; padding-top: 2pt; font-size: 9pt; color: #0C6C90; text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double; padding-bottom: 2pt; padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">203</FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double; padding-bottom: 2pt; padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">(4)</FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double; padding-bottom: 2pt; padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">(15)</FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double; padding-bottom: 2pt; padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">68</FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double; padding-bottom: 2pt; padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">19</FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double; padding-bottom: 2pt; padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">271</FONT></TD></TR>
  </TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 30; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="color: rgb(127,127,127); text-align: center; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->27<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%">
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="1" STYLE="font: bold 14pt Arial, Helvetica, Sans-Serif; padding-top: 4pt; background-color: rgb(11,107,144); color: white; padding-bottom: 4pt; padding-left: 8pt">Leverage and net
borrowings</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">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.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font: 12pt Arial, Helvetica, Sans-Serif">
  <TR>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 9pt; vertical-align: bottom; text-align: center; width: 50%"><FONT STYLE="font-size: 7pt">(&euro;
    million)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 9pt; font-weight: bold; vertical-align: middle; text-align: right; width: 10%"><FONT STYLE="font-size: 9pt">Dec.
    31, 2023</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; font-size: 9pt; font-weight: bold; vertical-align: middle; text-align: right; width: 10%"><FONT STYLE="font-size: 9pt">Reclassification
    <BR>
of financing <BR>
    operating <BR>
receivables</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 9pt; font-weight: bold; vertical-align: middle; text-align: right; width: 10%"><FONT STYLE="font-size: 9pt">Jan.
    1, 2024</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; white-space: nowrap; font-size: 9pt; font-weight: bold; vertical-align: middle; text-align: right; background-color: #F2F2F2; width: 10%"><FONT STYLE="font-size: 9pt">March
    31, 2024</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 9pt; font-weight: bold; vertical-align: middle; text-align: right; width: 10%"><FONT STYLE="font-size: 9pt">Change</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: left"><FONT STYLE="font-size: 9pt">Total debt</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">28,729</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">28,729</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">31,003</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">2,274</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-left: 0.125in; font-size: 9pt; font-style: italic; text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;-&nbsp;&nbsp;Short-term debt</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">7,013</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">7,013</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; font-style: italic; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">8,330</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">1,317</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-left: 0.125in; font-size: 9pt; font-style: italic; text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;-&nbsp;&nbsp;Long-term debt</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">21,716</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">21,716</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; font-style: italic; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">22,673</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">957</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: left"><FONT STYLE="font-size: 9pt">Cash and cash equivalents</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">(10,193)</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">(10,193)</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">(8,783)</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">1,410</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: left"><FONT STYLE="font-size: 9pt">Financial assets measured at fair value through profit or loss</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">(6,782)</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">(6,782)</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">(7,404)</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">(622)</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: left"><FONT STYLE="font-size: 9pt">Financing receivables held for non-operating purposes</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">(855)</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">(1,339)</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">(2,194)</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">(1,934)</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">260</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: middle">
    <TD STYLE="padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: left"><FONT STYLE="font-size: 9pt">Net borrowings before lease liabilities
    ex IFRS 16</FONT></TD>
    <TD STYLE="padding-top: 2pt; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">10,899</FONT></TD>
    <TD STYLE="padding-top: 2pt; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">(1,339)</FONT></TD>
    <TD STYLE="padding-top: 2pt; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">9,560</FONT></TD>
    <TD STYLE="padding-top: 2pt; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">12,882</FONT></TD>
    <TD STYLE="padding-top: 2pt; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">3,322</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: left"><FONT STYLE="font-size: 9pt">Lease Liabilities&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">5,336</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">5,336</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">5,414</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">78</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: left"><FONT STYLE="font-size: 9pt">- of which Eni working interest</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">4,856</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">4,856</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">4,934</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">78</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: left"><FONT STYLE="font-size: 9pt">- of which Joint operators' working interest</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">480</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">480</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">480</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: middle">
    <TD STYLE="padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: left"><FONT STYLE="font-size: 9pt">Net borrowings after lease liabilities
    ex IFRS 16</FONT></TD>
    <TD STYLE="padding-top: 2pt; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">16,235</FONT></TD>
    <TD STYLE="padding-top: 2pt; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">(1,339)</FONT></TD>
    <TD STYLE="padding-top: 2pt; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">14,896</FONT></TD>
    <TD STYLE="padding-top: 2pt; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">18,296</FONT></TD>
    <TD STYLE="padding-top: 2pt; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">3,400</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: middle">
    <TD STYLE="padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: left"><FONT STYLE="font-size: 9pt">Shareholders' equity including non-controlling
    interest</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right; border-top-color: Black; border-top-width: 0.5pt"><FONT STYLE="font-size: 9pt">53,644</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right; border-top-color: Black; border-top-width: 0.5pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right; border-top-color: Black; border-top-width: 0.5pt"><FONT STYLE="font-size: 9pt">53,644</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right; border-top-color: Black; border-top-width: 0.5pt; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">55,109</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right; border-top-color: Black; border-top-width: 0.5pt"><FONT STYLE="font-size: 9pt">1,465</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: middle">
    <TD STYLE="padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: left"><FONT STYLE="font-size: 9pt">Leverage before lease liability ex IFRS
    16</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">0.20</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">0.23</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: middle">
    <TD STYLE="border-bottom: Black 2.5pt double; padding-bottom: 2pt; padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: left"><FONT STYLE="font-size: 9pt">Leverage
    after lease liability ex IFRS 16</FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double; padding-bottom: 2pt; padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: white"><FONT STYLE="font-size: 9pt">0.30</FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double; padding-bottom: 2pt; padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: white"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double; padding-bottom: 2pt; padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: white"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double; padding-bottom: 2pt; padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">0.33</FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double; padding-bottom: 2pt; padding-top: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
  </TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 31; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="color: rgb(127,127,127); text-align: center; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->28<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%">
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="1" STYLE="font: bold 14pt Arial, Helvetica, Sans-Serif; padding-top: 4pt; background-color: rgb(11,107,144); color: white; padding-bottom: 4pt; padding-left: 8pt">Consolidated financial
statements</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 13pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #0c6c90">BALANCE SHEET</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font: 12pt Arial, Helvetica, Sans-Serif">
  <TR>
    <TD STYLE="font-size: 9pt; vertical-align: bottom; text-align: center; width: 78%"><FONT STYLE="font-size: 9pt">(&euro; million)</FONT></TD>
    <TD STYLE="font-size: 9pt; vertical-align: middle; text-align: center; width: 11%"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 9pt; vertical-align: bottom; text-align: left; width: 11%"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 9pt">
    <TD STYLE="border-top: Black 1pt solid; padding-bottom: 1pt; padding-left: 0.25in; font-size: 9pt; vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-bottom: 0.5pt; font-size: 9pt; font-weight: bold; vertical-align: middle; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">March
    31, 2024</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding-bottom: 0.5pt; font-size: 9pt; font-weight: bold; vertical-align: middle; text-align: right"><FONT STYLE="font-size: 9pt">Dec.
    31, 2023</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-left: 0.25in; font-size: 9pt; font-weight: bold; text-align: left"><FONT STYLE="font-size: 9pt">ASSETS</FONT></TD>
    <TD STYLE="font-size: 9pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-left: 0.25in; font-size: 9pt; font-weight: bold; text-align: left"><FONT STYLE="font-size: 9pt">Current assets</FONT></TD>
    <TD STYLE="font-size: 9pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-left: 0.25in; font-size: 9pt; text-align: left"><FONT STYLE="font-size: 9pt">Cash and cash equivalents&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 4pt; font-size: 9pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">8,783</FONT></TD>
    <TD STYLE="padding-right: 4pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">10,193</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-left: 0.25in; font-size: 9pt; text-align: left"><FONT STYLE="font-size: 9pt">Financial assets measured at fair
    value through profit or loss</FONT></TD>
    <TD STYLE="padding-right: 4pt; font-size: 9pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">7,404</FONT></TD>
    <TD STYLE="padding-right: 4pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">6,782</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-left: 0.25in; font-size: 9pt; text-align: left"><FONT STYLE="font-size: 9pt">Other financial assets</FONT></TD>
    <TD STYLE="padding-right: 4pt; font-size: 9pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">596</FONT></TD>
    <TD STYLE="padding-right: 4pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">896</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-left: 0.25in; font-size: 9pt; text-align: left"><FONT STYLE="font-size: 9pt">Trade and other receivables&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 4pt; font-size: 9pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">17,223</FONT></TD>
    <TD STYLE="padding-right: 4pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">16,551</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-left: 0.25in; font-size: 9pt; text-align: left"><FONT STYLE="font-size: 9pt">Inventories&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 4pt; font-size: 9pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">6,283</FONT></TD>
    <TD STYLE="padding-right: 4pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">6,186</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-left: 0.25in; font-size: 9pt; text-align: left"><FONT STYLE="font-size: 9pt">Income tax assets</FONT></TD>
    <TD STYLE="padding-right: 4pt; font-size: 9pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">380</FONT></TD>
    <TD STYLE="padding-right: 4pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">460</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-bottom: 1pt; padding-left: 0.25in; font-size: 9pt; text-align: left"><FONT STYLE="font-size: 9pt">Other assets&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 4pt; border-bottom: Black 1pt solid; font-size: 9pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">4,810</FONT></TD>
    <TD STYLE="padding-right: 4pt; border-bottom: Black 1pt solid; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">5,637</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-left: 0.25in; font-size: 9pt; font-weight: bold; text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 4pt; font-size: 9pt; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">45,479</FONT></TD>
    <TD STYLE="padding-right: 4pt; font-size: 9pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">46,705</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-left: 0.25in; font-size: 9pt; font-weight: bold; text-align: left"><FONT STYLE="font-size: 9pt">Non-current assets</FONT></TD>
    <TD STYLE="padding-right: 4pt; font-size: 9pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 4pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-left: 0.25in; font-size: 9pt; text-align: left"><FONT STYLE="font-size: 9pt">Property, plant and equipment&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 4pt; font-size: 9pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">59,996</FONT></TD>
    <TD STYLE="padding-right: 4pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">56,299</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-left: 0.25in; font-size: 9pt; text-align: left"><FONT STYLE="font-size: 9pt">Right of use assets</FONT></TD>
    <TD STYLE="padding-right: 4pt; font-size: 9pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">4,891</FONT></TD>
    <TD STYLE="padding-right: 4pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">4,834</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-left: 0.25in; font-size: 9pt; text-align: left"><FONT STYLE="font-size: 9pt">Intangible assets&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 4pt; font-size: 9pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">6,407</FONT></TD>
    <TD STYLE="padding-right: 4pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">6,379</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-left: 0.25in; font-size: 9pt; text-align: left"><FONT STYLE="font-size: 9pt">Inventory - compulsory stock&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 4pt; font-size: 9pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">1,596</FONT></TD>
    <TD STYLE="padding-right: 4pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">1,576</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-left: 0.25in; font-size: 9pt; text-align: left"><FONT STYLE="font-size: 9pt">Equity-accounted investments&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 4pt; font-size: 9pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">13,506</FONT></TD>
    <TD STYLE="padding-right: 4pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">12,630</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-left: 0.25in; font-size: 9pt; text-align: left"><FONT STYLE="font-size: 9pt">Other investments&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 4pt; font-size: 9pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">1,271</FONT></TD>
    <TD STYLE="padding-right: 4pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">1,256</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-left: 0.25in; font-size: 9pt; text-align: left"><FONT STYLE="font-size: 9pt">Other financial assets</FONT></TD>
    <TD STYLE="padding-right: 4pt; font-size: 9pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">2,432</FONT></TD>
    <TD STYLE="padding-right: 4pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">2,301</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-left: 0.25in; font-size: 9pt; text-align: left"><FONT STYLE="font-size: 9pt">Deferred tax assets&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 4pt; font-size: 9pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">4,676</FONT></TD>
    <TD STYLE="padding-right: 4pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">4,482</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-left: 0.25in; font-size: 9pt; text-align: left"><FONT STYLE="font-size: 9pt">Income tax assets</FONT></TD>
    <TD STYLE="padding-right: 4pt; font-size: 9pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">158</FONT></TD>
    <TD STYLE="padding-right: 4pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">142</FONT></TD></TR>
  <TR STYLE="font-size: 9pt">
    <TD STYLE="padding-bottom: 1pt; padding-left: 0.25in; font-size: 9pt; vertical-align: middle; text-align: left"><FONT STYLE="font-size: 9pt">Other assets</FONT></TD>
    <TD STYLE="padding-right: 4pt; border-bottom: Black 1pt solid; font-size: 9pt; vertical-align: bottom; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">3,953</FONT></TD>
    <TD STYLE="padding-right: 4pt; border-bottom: Black 1pt solid; font-size: 9pt; vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 9pt">3,393</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-left: 0.25in; font-size: 9pt; font-weight: bold; text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 4pt; font-size: 9pt; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">98,886</FONT></TD>
    <TD STYLE="padding-right: 4pt; font-size: 9pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">93,292</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-bottom: 1pt; padding-left: 0.25in; font-size: 9pt; font-weight: bold; text-align: left"><FONT STYLE="font-size: 9pt">Assets held for
    sale</FONT></TD>
    <TD STYLE="padding-right: 4pt; border-bottom: Black 1pt solid; padding-bottom: 0.5pt; font-size: 9pt; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">2,167</FONT></TD>
    <TD STYLE="padding-right: 4pt; border-bottom: Black 1pt solid; padding-bottom: 0.5pt; font-size: 9pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">2,609</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-left: 0.25in; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: left"><FONT STYLE="font-size: 9pt">TOTAL
    ASSETS</FONT></TD>
    <TD STYLE="padding-right: 4pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right; border-top-color: Black; border-top-width: 0.5pt; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">146,532</FONT></TD>
    <TD STYLE="padding-right: 4pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">142,606</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-left: 0.25in; font-size: 9pt; font-weight: bold; text-align: left"><FONT STYLE="font-size: 9pt">LIABILITIES AND
    SHAREHOLDERS' EQUITY</FONT></TD>
    <TD STYLE="padding-right: 4pt; font-size: 9pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 4pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-left: 0.25in; font-size: 9pt; font-weight: bold; text-align: left"><FONT STYLE="font-size: 9pt">Current liabilities</FONT></TD>
    <TD STYLE="padding-right: 4pt; font-size: 9pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 4pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-left: 0.25in; font-size: 9pt; text-align: left"><FONT STYLE="font-size: 9pt">Short-term debt</FONT></TD>
    <TD STYLE="padding-right: 4pt; font-size: 9pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">5,454</FONT></TD>
    <TD STYLE="padding-right: 4pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">4,092</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-left: 0.25in; font-size: 9pt; text-align: left"><FONT STYLE="font-size: 9pt">Current portion of long-term debt</FONT></TD>
    <TD STYLE="padding-right: 4pt; font-size: 9pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">2,876</FONT></TD>
    <TD STYLE="padding-right: 4pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">2,921</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-left: 0.25in; font-size: 9pt; text-align: left"><FONT STYLE="font-size: 9pt">Current portion of long-term lease
    liabilities</FONT></TD>
    <TD STYLE="padding-right: 4pt; font-size: 9pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">1,177</FONT></TD>
    <TD STYLE="padding-right: 4pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">1,128</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-left: 0.25in; font-size: 9pt; text-align: left"><FONT STYLE="font-size: 9pt">Trade and other payables</FONT></TD>
    <TD STYLE="padding-right: 4pt; font-size: 9pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">19,482</FONT></TD>
    <TD STYLE="padding-right: 4pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">20,654</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-left: 0.25in; font-size: 9pt; text-align: left"><FONT STYLE="font-size: 9pt">Income taxes payable</FONT></TD>
    <TD STYLE="padding-right: 4pt; font-size: 9pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">1,700</FONT></TD>
    <TD STYLE="padding-right: 4pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">1,685</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-bottom: 1pt; padding-left: 0.25in; font-size: 9pt; text-align: left"><FONT STYLE="font-size: 9pt">Other liabilities</FONT></TD>
    <TD STYLE="padding-right: 4pt; border-bottom: Black 1pt solid; font-size: 9pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">5,852</FONT></TD>
    <TD STYLE="padding-right: 4pt; border-bottom: Black 1pt solid; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">5,579</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-left: 0.25in; font-size: 9pt; font-weight: bold; text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 4pt; font-size: 9pt; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">36,541</FONT></TD>
    <TD STYLE="padding-right: 4pt; font-size: 9pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">36,059</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-left: 0.25in; font-size: 9pt; font-weight: bold; text-align: left"><FONT STYLE="font-size: 9pt">Non-current liabilities</FONT></TD>
    <TD STYLE="padding-right: 4pt; font-size: 9pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 4pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-left: 0.25in; font-size: 9pt; text-align: left"><FONT STYLE="font-size: 9pt">Long-term debt&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 4pt; font-size: 9pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">22,673</FONT></TD>
    <TD STYLE="padding-right: 4pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">21,716</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-left: 0.25in; font-size: 9pt; text-align: left"><FONT STYLE="font-size: 9pt">Long-term lease liabilities</FONT></TD>
    <TD STYLE="padding-right: 4pt; font-size: 9pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">4,237</FONT></TD>
    <TD STYLE="padding-right: 4pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">4,208</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-left: 0.25in; font-size: 9pt; text-align: left"><FONT STYLE="font-size: 9pt">Provisions for contingencies&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 4pt; font-size: 9pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">16,508</FONT></TD>
    <TD STYLE="padding-right: 4pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">15,533</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-left: 0.25in; font-size: 9pt; text-align: left"><FONT STYLE="font-size: 9pt">Provisions for employee benefits&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 4pt; font-size: 9pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">782</FONT></TD>
    <TD STYLE="padding-right: 4pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">748</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-left: 0.25in; font-size: 9pt; text-align: left"><FONT STYLE="font-size: 9pt">Deferred tax liabilities</FONT></TD>
    <TD STYLE="padding-right: 4pt; font-size: 9pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">4,931</FONT></TD>
    <TD STYLE="padding-right: 4pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">4,702</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-left: 0.25in; font-size: 9pt; text-align: left"><FONT STYLE="font-size: 9pt">Income taxes payable</FONT></TD>
    <TD STYLE="padding-right: 4pt; font-size: 9pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">40</FONT></TD>
    <TD STYLE="padding-right: 4pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">38</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-bottom: 1pt; padding-left: 0.25in; font-size: 9pt; text-align: left"><FONT STYLE="font-size: 9pt">Other liabilities&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 4pt; border-bottom: Black 1pt solid; padding-bottom: 0.5pt; font-size: 9pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">4,106</FONT></TD>
    <TD STYLE="padding-right: 4pt; border-bottom: Black 1pt solid; padding-bottom: 0.5pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">4,096</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-left: 0.25in; font-size: 9pt; font-weight: bold; text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 4pt; font-size: 9pt; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">53,277</FONT></TD>
    <TD STYLE="padding-right: 4pt; font-size: 9pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">51,041</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: middle">
    <TD STYLE="padding-bottom: 1pt; padding-left: 0.25in; font-size: 9pt; font-weight: bold; text-align: left"><FONT STYLE="font-size: 9pt">Liabilities directly
    associated with assets held for sale</FONT></TD>
    <TD STYLE="padding-right: 4pt; border-bottom: Black 1pt solid; padding-bottom: 0.5pt; font-size: 9pt; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">1,605</FONT></TD>
    <TD STYLE="padding-right: 4pt; border-bottom: Black 1pt solid; padding-bottom: 0.5pt; font-size: 9pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">1,862</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-left: 0.25in; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: left"><FONT STYLE="font-size: 9pt">TOTAL
    LIABILITIES</FONT></TD>
    <TD STYLE="padding-right: 4pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">91,423</FONT></TD>
    <TD STYLE="padding-right: 4pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">88,962</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-left: 0.25in; font-size: 9pt; text-align: left"><FONT STYLE="font-size: 9pt">Share capital&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 4pt; font-size: 9pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">4,005</FONT></TD>
    <TD STYLE="padding-right: 4pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">4,005</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-left: 0.25in; font-size: 9pt; text-align: left"><FONT STYLE="font-size: 9pt">Retained earnings</FONT></TD>
    <TD STYLE="padding-right: 4pt; font-size: 9pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">36,786</FONT></TD>
    <TD STYLE="padding-right: 4pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">32,988</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-left: 0.25in; font-size: 9pt; text-align: left"><FONT STYLE="font-size: 9pt">Cumulative currency translation differences</FONT></TD>
    <TD STYLE="padding-right: 4pt; font-size: 9pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">6,344</FONT></TD>
    <TD STYLE="padding-right: 4pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">5,238</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-left: 0.25in; font-size: 9pt; text-align: left"><FONT STYLE="font-size: 9pt">Other reserves and equity instruments</FONT></TD>
    <TD STYLE="padding-right: 4pt; font-size: 9pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">7,219</FONT></TD>
    <TD STYLE="padding-right: 4pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">8,515</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-left: 0.25in; font-size: 9pt; text-align: left"><FONT STYLE="font-size: 9pt">Treasury shares&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 4pt; font-size: 9pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">(1,321)</FONT></TD>
    <TD STYLE="padding-right: 4pt; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">(2,333)</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-bottom: 1pt; padding-left: 0.25in; font-size: 9pt; text-align: left"><FONT STYLE="font-size: 9pt">Net profit&nbsp;&nbsp;(loss)</FONT></TD>
    <TD STYLE="padding-right: 4pt; border-bottom: Black 1pt solid; font-size: 9pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">1,211</FONT></TD>
    <TD STYLE="padding-right: 4pt; border-bottom: Black 1pt solid; font-size: 9pt; text-align: right"><FONT STYLE="font-size: 9pt">4,771</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-left: 0.25in; font-size: 9pt; font-weight: bold; text-align: left"><FONT STYLE="font-size: 9pt">Total Eni shareholders'
    equity</FONT></TD>
    <TD STYLE="padding-right: 4pt; font-size: 9pt; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">54,244</FONT></TD>
    <TD STYLE="padding-right: 4pt; font-size: 9pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">53,184</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-left: 0.25in; font-size: 9pt; font-weight: bold; text-align: left"><FONT STYLE="font-size: 9pt">Non-controlling
    interest&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 4pt; font-size: 9pt; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">865</FONT></TD>
    <TD STYLE="padding-right: 4pt; font-size: 9pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">460</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="padding-left: 0.25in; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: left"><FONT STYLE="font-size: 9pt">TOTAL
    SHAREHOLDERS' EQUITY&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 4pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">55,109</FONT></TD>
    <TD STYLE="padding-right: 4pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">53,644</FONT></TD></TR>
  <TR STYLE="font-size: 9pt; vertical-align: bottom">
    <TD STYLE="border-bottom: Black 2.5pt double; padding-bottom: 2pt; padding-left: 0.25in; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: left"><FONT STYLE="font-size: 9pt">TOTAL
    LIABILITIES AND SHAREHOLDERS' EQUITY</FONT></TD>
    <TD STYLE="padding-right: 4pt; border-bottom: Black 2.5pt double; padding-bottom: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">146,532</FONT></TD>
    <TD STYLE="padding-right: 4pt; border-bottom: Black 2.5pt double; padding-bottom: 2pt; font-size: 9pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">142,606</FONT></TD></TR>
  </TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 32; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="color: rgb(127,127,127); text-align: center; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->29<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<!-- Field: Split-Segment; Name: 06 -->
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 1pt">&nbsp;</FONT></P>

<P STYLE="font: 13pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #0c6c90">GROUP PROFIT AND LOSS ACCOUNT</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font: 12pt Arial, Helvetica, Sans-Serif">
  <TR>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; font-weight: bold; vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 9pt">Q4&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; vertical-align: middle; text-align: center"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-top: 2pt; font-weight: bold; vertical-align: bottom; text-align: center"><FONT STYLE="font-size: 9pt">Q1&nbsp;</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; font-weight: bold; vertical-align: middle; border-bottom: black 1pt solid; text-align: right; width: 8%"><FONT STYLE="font-size: 9pt">2023</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; vertical-align: bottom; border-bottom: Black 1pt solid; text-align: center; width: 76%"><FONT STYLE="font-size: 7pt">(&euro;
    million)</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; font-weight: bold; vertical-align: middle; border-bottom: black 1pt solid; background-color: #F2F2F2; text-align: right; width: 8%"><FONT STYLE="font-size: 9pt">2024</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; font-weight: bold; vertical-align: middle; border-bottom: black 1pt solid; text-align: right; width: 8%"><FONT STYLE="font-size: 9pt">2023</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">24,622</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">Sales from operations&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">22,936</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">27,185</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">354</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">Other income and revenues&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">233</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">193</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 3pt; padding-top: 2pt; font-weight: bold; vertical-align: middle; text-align: right"><FONT STYLE="font-size: 9pt">24,976</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; padding-top: 2pt; padding-left: 18px; font-weight: bold; vertical-align: bottom; text-align: left"><FONT STYLE="font-size: 9pt">Total revenues</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 3pt; padding-top: 2pt; font-weight: bold; vertical-align: middle; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">23,169</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 3pt; padding-top: 2pt; font-weight: bold; vertical-align: middle; text-align: right"><FONT STYLE="font-size: 9pt">27,378</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">(19,785)</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">Purchases, services and other</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">(17,361)</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">(21,976)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">(139)</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">Impairment reversals (impairment losses) of trade and
    other receivables, net</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">(51)</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">(108)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">(933)</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">Payroll and related costs</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">(839)</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">(794)</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; vertical-align: middle; text-align: right"><FONT STYLE="font-size: 9pt">414</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; vertical-align: bottom; text-align: left"><FONT STYLE="font-size: 9pt">Other operating (expense) income</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; vertical-align: middle; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">(189)</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; vertical-align: middle; text-align: right"><FONT STYLE="font-size: 9pt">(44)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">(1,985)</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">Depreciation, Depletion and Amortization</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">(1,958)</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">(1,852)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">(1,377)</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">Impairment reversals (impairment losses) of tangible,
    intangible and right of use assets, net</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">(68)</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">(59)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">(315)</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">Write-off of tangible and intangible assets</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">(33)</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">(32)</FONT></TD></TR>
  <TR>
    <TD STYLE="border-top: Black 1pt solid; padding-right: 3pt; padding-top: 2pt; color: #0C6C90; font-weight: bold; vertical-align: middle; text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 9pt">856</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; padding-top: 2pt; padding-left: 18px; color: #0C6C90; font-weight: bold; vertical-align: bottom; text-align: left"><FONT STYLE="font-size: 9pt">OPERATING
    PROFIT (LOSS)</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; padding-right: 3pt; padding-top: 2pt; color: #0C6C90; font-weight: bold; vertical-align: middle; text-align: right; background-color: #F2F2F2; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 9pt">2,670</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; padding-right: 3pt; padding-top: 2pt; color: #0C6C90; font-weight: bold; vertical-align: middle; text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 9pt">2,513</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">2,347</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">Finance income</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">1,439</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">2,007</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">(2,435)</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">Finance expense</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">(1,825)</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">(2,181)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">31</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">Net finance income (expense) from financial assets
    measured at fair value through profit or loss</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">127</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">66</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">(53)</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">Derivative financial instruments</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">43</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">(16)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 3pt; padding-top: 2pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">(110)</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; padding-top: 2pt; padding-left: 18px; font-weight: bold; text-align: left"><FONT STYLE="font-size: 9pt">FINANCE INCOME (EXPENSE)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 3pt; padding-top: 2pt; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">(216)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 3pt; padding-top: 2pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">(124)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">288</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">Share of profit (loss) of equity-accounted investments&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">261</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">358</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">118</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">Other gain (loss) from investments</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">10</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">834</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 3pt; padding-top: 2pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">406</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; padding-top: 2pt; padding-left: 18px; font-weight: bold; text-align: left"><FONT STYLE="font-size: 9pt">INCOME (EXPENSE) FROM INVESTMENTS</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 3pt; padding-top: 2pt; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">271</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 3pt; padding-top: 2pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">1,192</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; color: #0C6C90; font-weight: bold; vertical-align: middle; text-align: right"><FONT STYLE="font-size: 9pt">1,152</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; color: #0C6C90; font-weight: bold; vertical-align: bottom; text-align: left"><FONT STYLE="font-size: 9pt">PROFIT
    (LOSS) BEFORE INCOME TAXES&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; color: #0C6C90; font-weight: bold; vertical-align: middle; text-align: right; border-top-color: Black; border-top-width: 0.5pt; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">2,725</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; color: #0C6C90; font-weight: bold; vertical-align: middle; text-align: right; border-top-color: Black; border-top-width: 0.5pt"><FONT STYLE="font-size: 9pt">3,581</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 3pt; padding-top: 2pt; vertical-align: middle; text-align: right"><FONT STYLE="font-size: 9pt">(948)</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; padding-top: 2pt; padding-left: 18px; vertical-align: bottom; text-align: left"><FONT STYLE="font-size: 9pt">Income taxes&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 3pt; padding-top: 2pt; vertical-align: middle; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">(1,488)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 3pt; padding-top: 2pt; vertical-align: middle; text-align: right"><FONT STYLE="font-size: 9pt">(1,174)</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; font-weight: bold; vertical-align: middle; text-align: right"><FONT STYLE="font-size: 9pt">204</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; font-weight: bold; vertical-align: bottom; text-align: left"><FONT STYLE="font-size: 9pt">Net profit
    (loss)</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; font-weight: bold; vertical-align: middle; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">1,237</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; font-weight: bold; vertical-align: middle; text-align: right"><FONT STYLE="font-size: 9pt">2,407</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; font-weight: bold; vertical-align: top; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; vertical-align: bottom; text-align: left"><FONT STYLE="font-size: 9pt">attributable to:</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; font-weight: bold; vertical-align: top; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; font-weight: bold; vertical-align: top; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; vertical-align: middle; text-align: right"><FONT STYLE="font-size: 9pt">173</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 9px; vertical-align: middle; text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;&nbsp;&nbsp;- Eni's
    shareholders</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; vertical-align: top; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">1,211</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; vertical-align: top; text-align: right"><FONT STYLE="font-size: 9pt">2,388</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; vertical-align: top; text-align: right"><FONT STYLE="font-size: 9pt">31</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 9px; vertical-align: bottom; text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;&nbsp;&nbsp;- Non-controlling
    interest</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; vertical-align: top; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">26</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; vertical-align: top; text-align: right"><FONT STYLE="font-size: 9pt">19</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 3pt; padding-top: 2pt; font-weight: bold; vertical-align: top; text-align: right"><FONT STYLE="font-size: 5pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; padding-top: 2pt; padding-left: 18px; font-weight: bold; vertical-align: bottom; text-align: left"><FONT STYLE="font-size: 5pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 3pt; padding-top: 2pt; font-weight: bold; vertical-align: top; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 5pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 3pt; padding-top: 2pt; font-weight: bold; vertical-align: top; text-align: right"><FONT STYLE="font-size: 5pt">&nbsp;</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; font-weight: bold; vertical-align: middle"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; font-weight: bold; vertical-align: bottom; text-align: left"><FONT STYLE="font-size: 9pt">Earnings
    per share (&euro; per share)</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; font-weight: bold; vertical-align: middle; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; font-weight: bold; vertical-align: middle"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">0.05</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">- basic</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">0.37</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">0.71</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 3pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">0.05</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; padding-top: 2pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">- diluted</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 3pt; padding-top: 2pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">0.37</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 3pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">0.70</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; font-weight: bold; vertical-align: middle"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; font-weight: bold; vertical-align: bottom; text-align: left"><FONT STYLE="font-size: 9pt">Weighted
    average number of shares outstanding (million)</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; font-weight: bold; vertical-align: middle; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; font-weight: bold; vertical-align: middle"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">3,242.8</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">- basic</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">3,201.3</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">3,345.4</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: Black 2.5pt double; padding-right: 3pt; padding-top: 2pt; padding-bottom: 5pt; vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 9pt">3,306.1</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-bottom: 5pt; padding-left: 18px; vertical-align: top; text-align: left"><FONT STYLE="font-size: 9pt">- diluted</FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double; padding-right: 3pt; padding-top: 2pt; padding-bottom: 5pt; vertical-align: top; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">3,264.6</FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double; padding-right: 3pt; padding-top: 2pt; padding-bottom: 5pt; vertical-align: top; text-align: right"><FONT STYLE="font-size: 9pt">3,351.7</FONT></TD></TR>
  </TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 33; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="color: rgb(127,127,127); text-align: center; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->30<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 13pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #0c6c90">COMPREHENSIVE INCOME (LOSS)</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font: 12pt Arial, Helvetica, Sans-Serif">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 3pt; font-weight: bold; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-top: 3pt; font-weight: bold; text-align: center; padding-bottom: 1pt"><FONT STYLE="font-size: 9pt">Q1&nbsp;</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: Black 1pt solid; padding-top: 3pt; padding-bottom: 0pt; font-size: 9pt; vertical-align: bottom; text-align: center; width: 82%"><FONT STYLE="font-size: 7pt">(&euro;
    million)&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; border-bottom: Black 1pt solid; padding-top: 3pt; padding-bottom: 3pt; font-weight: bold; vertical-align: middle; text-align: right; background-color: #F2F2F2; width: 9%"><FONT STYLE="font-size: 9pt">2024</FONT></TD>
    <TD STYLE="padding-right: 3pt; border-bottom: Black 1pt solid; padding-top: 3pt; padding-bottom: 3pt; font-weight: bold; vertical-align: middle; text-align: right; width: 9%"><FONT STYLE="font-size: 9pt">2023</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-top: 3pt; padding-left: 18px; color: #0C6C90; font-weight: bold; vertical-align: bottom; text-align: left; padding-bottom: 3pt"><FONT STYLE="font-size: 9pt">Net
    profit (loss)&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 3pt; color: #0C6C90; font-weight: bold; vertical-align: middle; text-align: right; background-color: #F2F2F2; padding-bottom: 3pt"><FONT STYLE="font-size: 9pt">1,237</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 3pt; color: #0C6C90; font-weight: bold; vertical-align: middle; text-align: right; padding-bottom: 3pt"><FONT STYLE="font-size: 9pt">2,407</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-top: 3pt; padding-left: 18px; font-weight: bold; vertical-align: bottom; text-align: left; padding-bottom: 3pt"><FONT STYLE="font-size: 9pt">Items that
    are not reclassified to profit or loss in later periods</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 3pt; font-weight: bold; vertical-align: middle; text-align: right; background-color: #F2F2F2; padding-bottom: 3pt"><FONT STYLE="font-size: 9pt">(5)</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 3pt; font-weight: bold; vertical-align: middle; text-align: right; padding-bottom: 3pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-top: 3pt; padding-left: 18px; font-style: italic; text-align: left; padding-bottom: 3pt"><FONT STYLE="font-size: 9pt">Change in the fair value of interests
    with effects on other comprehensive income</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 3pt; font-style: italic; text-align: right; background-color: #F2F2F2; padding-bottom: 3pt"><FONT STYLE="font-size: 9pt">(5)</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 3pt; font-style: italic; text-align: right; padding-bottom: 3pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-top: 3pt; padding-left: 18px; font-weight: bold; vertical-align: bottom; text-align: left; padding-bottom: 3pt"><FONT STYLE="font-size: 9pt">Items that
    may be reclassified to profit in later periods</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 3pt; font-weight: bold; vertical-align: middle; text-align: right; background-color: #F2F2F2; padding-bottom: 3pt"><FONT STYLE="font-size: 9pt">1,201</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 3pt; font-weight: bold; vertical-align: middle; text-align: right; padding-bottom: 3pt"><FONT STYLE="font-size: 9pt">(565)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-top: 3pt; padding-left: 18px; font-style: italic; text-align: left; padding-bottom: 3pt"><FONT STYLE="font-size: 9pt">Currency translation differences</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 3pt; font-style: italic; text-align: right; background-color: #F2F2F2; padding-bottom: 3pt"><FONT STYLE="font-size: 9pt">1,105</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 3pt; font-style: italic; text-align: right; padding-bottom: 3pt"><FONT STYLE="font-size: 9pt">(1,011)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-top: 3pt; padding-left: 18px; font-style: italic; text-align: left; padding-bottom: 3pt"><FONT STYLE="font-size: 9pt">Change in the fair value of cash
    flow hedging derivatives</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 3pt; font-style: italic; text-align: right; background-color: #F2F2F2; padding-bottom: 3pt"><FONT STYLE="font-size: 9pt">106</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 3pt; font-style: italic; text-align: right; padding-bottom: 3pt"><FONT STYLE="font-size: 9pt">571</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-top: 3pt; padding-left: 18px; font-style: italic; text-align: left; padding-bottom: 3pt"><FONT STYLE="font-size: 9pt">Share of other comprehensive income
    on equity-accounted entities</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 3pt; font-style: italic; text-align: right; background-color: #F2F2F2; padding-bottom: 3pt"><FONT STYLE="font-size: 9pt">19</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 3pt; font-style: italic; text-align: right; padding-bottom: 3pt"><FONT STYLE="font-size: 9pt">41</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 3pt; padding-left: 18px; font-style: italic; text-align: left; padding-bottom: 3pt"><FONT STYLE="font-size: 9pt">Taxation&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 3pt; font-style: italic; text-align: right; background-color: #F2F2F2; padding-bottom: 3pt"><FONT STYLE="font-size: 9pt">(29)</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 3pt; font-style: italic; text-align: right; padding-bottom: 3pt"><FONT STYLE="font-size: 9pt">(166)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-top: 3pt; padding-left: 18px; color: #0C6C90; font-weight: bold; text-align: left; padding-bottom: 3pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 3pt; border-bottom: Black 1pt solid; color: #0C6C90; font-weight: bold; text-align: right; background-color: #F2F2F2; padding-bottom: 3pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 3pt; border-bottom: Black 1pt solid; color: #0C6C90; font-weight: bold; text-align: right; padding-bottom: 3pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-top: 3pt; padding-left: 18px; color: #0C6C90; font-weight: bold; text-align: left; padding-bottom: 3pt"><FONT STYLE="font-size: 9pt">Total other items
    of comprehensive income (loss)</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 3pt; border-bottom: Black 1pt solid; padding-bottom: 3pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">1,196</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 3pt; border-bottom: Black 1pt solid; padding-bottom: 3pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">(565)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-top: 3pt; padding-left: 18px; color: #0C6C90; font-weight: bold; text-align: left; padding-bottom: 3pt"><FONT STYLE="font-size: 9pt">Total comprehensive
    income (loss)</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 3pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: #F2F2F2; padding-bottom: 3pt"><FONT STYLE="font-size: 9pt">2,433</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 3pt; color: #0C6C90; font-weight: bold; text-align: right; padding-bottom: 3pt"><FONT STYLE="font-size: 9pt">1,842</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-top: 3pt; padding-left: 18px; text-align: left; padding-bottom: 3pt"><FONT STYLE="font-size: 9pt">attributable to:</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 3pt; font-weight: bold; text-align: right; background-color: #F2F2F2; padding-bottom: 3pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 3pt; font-weight: bold; text-align: right; padding-bottom: 3pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-top: 3pt; padding-left: 27px; color: #0C6C90; font-weight: bold; vertical-align: bottom; text-align: left; padding-bottom: 3pt"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;&nbsp;&nbsp;-
    Eni's shareholders</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 3pt; color: #0C6C90; font-weight: bold; vertical-align: middle; text-align: right; background-color: #F2F2F2; padding-bottom: 3pt"><FONT STYLE="font-size: 9pt">2,405</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 3pt; color: #0C6C90; font-weight: bold; vertical-align: middle; text-align: right; padding-bottom: 3pt"><FONT STYLE="font-size: 9pt">1,823</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 3pt; border-bottom: Black 2.5pt double; padding-left: 27px; text-align: left; padding-bottom: 3pt"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;&nbsp;&nbsp;- Non-controlling interest</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 3pt; border-bottom: Black 2.5pt double; text-align: right; background-color: #F2F2F2; padding-bottom: 3pt"><FONT STYLE="font-size: 9pt">28</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 3pt; border-bottom: Black 2.5pt double; text-align: right; padding-bottom: 3pt"><FONT STYLE="font-size: 9pt">19</FONT></TD></TR>
  </TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 13pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #0c6c90">CHANGES IN SHAREHOLDERS&rsquo; EQUITY</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font: 12pt Arial, Helvetica, Sans-Serif">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; font-size: 9pt; border-bottom: Black 0.5pt solid; text-align: center; width: 80%"><FONT STYLE="font-size: 7pt">(&euro;
    million)</FONT></TD>
    <TD STYLE="padding-right: 1pt; padding-top: 2pt; border-bottom: Black 0.5pt solid; text-align: right; width: 7%"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; border-bottom: Black 0.5pt solid; text-align: center; width: 13%"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 8pt; padding-left: 18px; color: #0C6C90; font-weight: bold; text-align: left"><FONT STYLE="font-size: 9pt">Shareholders' equity
    at January 1, 2023</FONT></TD>
    <TD STYLE="padding-top: 8pt; padding-right: 1pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 8pt; color: #0C6C90; font-weight: bold; text-align: center"><FONT STYLE="font-size: 9pt">55,230</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-left: 27px; text-align: left"><FONT STYLE="font-size: 9pt">Total comprehensive income (loss)</FONT></TD>
    <TD STYLE="padding-right: 1pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">1,842</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-weight: bold; text-align: center"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-left: 27px; text-align: left"><FONT STYLE="font-size: 9pt">Dividends paid to Eni's shareholders</FONT></TD>
    <TD STYLE="padding-right: 1pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">(1,472)</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-weight: bold; text-align: center"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-left: 27px; text-align: left"><FONT STYLE="font-size: 9pt">Coupon of perpetual subordinated bonds</FONT></TD>
    <TD STYLE="padding-right: 1pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">(39)</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-weight: bold; text-align: center"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-left: 27px; text-align: left"><FONT STYLE="font-size: 9pt">Tax on hybrid bond coupon</FONT></TD>
    <TD STYLE="padding-right: 1pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">11</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-weight: bold; text-align: center"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-left: 27px; text-align: left"><FONT STYLE="font-size: 9pt">Other changes</FONT></TD>
    <TD STYLE="padding-right: 1pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">(19)</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-weight: bold; text-align: center"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; font-weight: bold; vertical-align: bottom; text-align: left"><FONT STYLE="font-size: 9pt">Total changes</FONT></TD>
    <TD STYLE="padding-right: 1pt; padding-top: 2pt; font-weight: bold; vertical-align: bottom"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; font-weight: bold; vertical-align: middle; text-align: center"><FONT STYLE="font-size: 9pt">323</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; color: #0C6C90; font-weight: bold; vertical-align: bottom; text-align: left"><FONT STYLE="font-size: 9pt">Shareholders'
    equity at March 31, 2023</FONT></TD>
    <TD STYLE="padding-right: 1pt; padding-top: 2pt; color: #0C6C90; font-weight: bold; vertical-align: bottom"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; border-bottom: Black 0.5pt solid; color: #0C6C90; font-weight: bold; vertical-align: middle; text-align: center"><FONT STYLE="font-size: 9pt">55,553</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-left: 27px; text-align: left"><FONT STYLE="font-size: 9pt">attributable to:</FONT></TD>
    <TD STYLE="padding-right: 1pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-weight: bold; text-align: center"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-left: 27px; color: #0C6C90; font-weight: bold; text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;&nbsp;&nbsp;-
    Eni's shareholders</FONT></TD>
    <TD STYLE="padding-right: 1pt; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: center"><FONT STYLE="font-size: 9pt">55,082</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-left: 27px; text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;&nbsp;&nbsp;- Non-controlling interest</FONT></TD>
    <TD STYLE="padding-right: 1pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: center"><FONT STYLE="font-size: 9pt">471</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-left: 27px; text-align: left"><FONT STYLE="font-size: 5pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 1pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 5pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; border-bottom: Black 2pt double; text-align: center"><FONT STYLE="font-size: 5pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 6pt; padding-left: 18px; color: #0C6C90; font-weight: bold; text-align: left"><FONT STYLE="font-size: 9pt">Shareholders' equity
    at January 1, 2024</FONT></TD>
    <TD STYLE="padding-right: 1pt; padding-top: 6pt; color: #0C6C90; font-weight: bold"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 6pt; color: #0C6C90; font-weight: bold; text-align: center"><FONT STYLE="font-size: 9pt">53,644</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-left: 27px; text-align: left"><FONT STYLE="font-size: 9pt">Total comprehensive income (loss)</FONT></TD>
    <TD STYLE="padding-right: 1pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">2,433</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-weight: bold; text-align: center"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-left: 27px; text-align: left"><FONT STYLE="font-size: 9pt">Dividends paid to Eni's shareholders</FONT></TD>
    <TD STYLE="padding-right: 1pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">(767)</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-weight: bold; text-align: center"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-left: 27px; text-align: left"><FONT STYLE="font-size: 9pt">Dividends distributed by consolidated subsidiaries</FONT></TD>
    <TD STYLE="padding-right: 1pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">(15)</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-weight: bold; text-align: center"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-left: 27px; text-align: left"><FONT STYLE="font-size: 9pt">Coupon of perpetual subordinated bonds</FONT></TD>
    <TD STYLE="padding-right: 1pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">(39)</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-weight: bold; text-align: center"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-left: 27px; text-align: left"><FONT STYLE="font-size: 9pt">Net purchase of treasury shares</FONT></TD>
    <TD STYLE="padding-right: 1pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">(363)</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-weight: bold; text-align: center"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-left: 27px; text-align: left"><FONT STYLE="font-size: 9pt">Plenitude operation- disposal to EIP</FONT></TD>
    <TD STYLE="padding-right: 1pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">588</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-weight: bold; text-align: center"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-left: 27px; text-align: left"><FONT STYLE="font-size: 9pt">Taxes on hybrid bond coupon</FONT></TD>
    <TD STYLE="padding-right: 1pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">11</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-weight: bold; text-align: center"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-left: 27px; text-align: left"><FONT STYLE="font-size: 9pt">Other changes</FONT></TD>
    <TD STYLE="padding-right: 1pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">(383)</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-weight: bold; text-align: center"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-left: 18px; font-weight: bold; text-align: left"><FONT STYLE="font-size: 9pt">Total changes</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-right: 1pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center"><FONT STYLE="font-size: 9pt">1,465</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; color: #0C6C90; font-weight: bold; vertical-align: bottom; text-align: left"><FONT STYLE="font-size: 9pt">Shareholders'
    equity at March 31, 2024</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-right: 1pt; color: #0C6C90; font-weight: bold; vertical-align: bottom; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; border-bottom: Black 0.5pt solid; color: #0C6C90; font-weight: bold; vertical-align: middle; text-align: center"><FONT STYLE="font-size: 9pt">55,109</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; vertical-align: bottom; text-align: left"><FONT STYLE="font-size: 9pt">attributable to:</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-right: 1pt; font-weight: bold; vertical-align: middle; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: center; vertical-align: middle"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-left: 27px; color: #0C6C90; font-weight: bold; text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;&nbsp;&nbsp;-
    Eni's shareholders</FONT></TD>
    <TD STYLE="padding-right: 1pt; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: center"><FONT STYLE="font-size: 9pt">54,244</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 3pt; padding-top: 2pt; border-bottom: Black 2.5pt double; padding-left: 27px; text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;&nbsp;&nbsp;- Non-controlling interest</FONT></TD>
    <TD STYLE="padding-bottom: 3pt; padding-right: 1pt; padding-top: 2pt; border-bottom: Black 2.5pt double; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 3pt; padding-top: 2pt; border-bottom: Black 2.5pt double; text-align: center"><FONT STYLE="font-size: 9pt">865</FONT></TD></TR>
  </TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 34; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="color: rgb(127,127,127); text-align: center; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->31<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 13pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #0c6c90">GROUP CASH FLOW STATEMENT</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font: 12pt Arial, Helvetica, Sans-Serif">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 5pt; padding-top: 2pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">Q4&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-weight: bold; text-align: center"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-top: 2pt; font-weight: bold; text-align: center"><FONT STYLE="font-size: 9pt">Q1&nbsp;</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 5pt; padding-top: 2pt; font-weight: bold; vertical-align: middle; border-bottom: black 1pt solid; text-align: right; width: 8%"><FONT STYLE="font-size: 9pt">2023</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-size: 9pt; vertical-align: bottom; border-bottom: Black 1pt solid; text-align: center; width: 75%"><FONT STYLE="font-size: 7pt">(&euro;
    million)</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-weight: bold; vertical-align: middle; border-bottom: black 1pt solid; width: 1%"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-weight: bold; vertical-align: middle; border-bottom: black 1pt solid; text-align: right; background-color: #F2F2F2; width: 8%"><FONT STYLE="font-size: 9pt">2024</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-weight: bold; vertical-align: middle; border-bottom: black 1pt solid; text-align: right; width: 8%"><FONT STYLE="font-size: 9pt">2023</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 5pt; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">204</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; color: #0C6C90; font-weight: bold; text-align: left"><FONT STYLE="font-size: 9pt">Net profit (loss)</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5pt; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">1,237</FONT></TD>
    <TD STYLE="padding-right: 5pt; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">2,407</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 5pt; padding-top: 2pt; vertical-align: middle; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; font-style: italic; vertical-align: bottom; text-align: left"><FONT STYLE="font-size: 9pt">Adjustments
    to reconcile net profit (loss) to net cash provided by operating activities:</FONT></TD>
    <TD STYLE="padding-top: 2pt; vertical-align: middle"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5pt; padding-top: 2pt; vertical-align: middle; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5pt; padding-top: 2pt; vertical-align: middle; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-right: 5pt; padding-top: 2pt; text-align: right; background-color: white"><FONT STYLE="font-size: 9pt">1,985</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">Depreciation, depletion and amortization&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5pt; padding-top: 2pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">1,958</FONT></TD>
    <TD STYLE="padding-right: 5pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">1,852</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-bottom: 6pt; padding-right: 5pt; padding-top: 6pt; text-align: right; background-color: white"><FONT STYLE="font-size: 9pt">1,377</FONT></TD>
    <TD STYLE="padding-bottom: 6pt; padding-top: 6pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;Impairment losses (impairment reversals) of tangible,
    intangible and right of use, net</FONT></TD>
    <TD STYLE="padding-bottom: 6pt; padding-top: 6pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 6pt; padding-right: 5pt; padding-top: 6pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">68</FONT></TD>
    <TD STYLE="padding-bottom: 6pt; padding-right: 5pt; padding-top: 6pt; text-align: right"><FONT STYLE="font-size: 9pt">59</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-right: 5pt; padding-top: 2pt; text-align: right; background-color: white"><FONT STYLE="font-size: 9pt">315</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">Write-off of tangible and intangible assets</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5pt; padding-top: 2pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">33</FONT></TD>
    <TD STYLE="padding-right: 5pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">32</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right; background-color: white"><FONT STYLE="font-size: 9pt">(288)</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">Share of (profit) loss of equity-accounted investments&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">(261)</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">(358)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right; background-color: white"><FONT STYLE="font-size: 9pt">(12)</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">Gains on disposal of assets, net&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">(19)</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">(408)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right; background-color: white"><FONT STYLE="font-size: 9pt">(94)</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">Dividend income&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">(9)</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">(9)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right; background-color: white"><FONT STYLE="font-size: 9pt">(146)</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">Interest income&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">(119)</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">(104)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-right: 5pt; padding-top: 2pt; text-align: right; background-color: white"><FONT STYLE="font-size: 9pt">265</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">Interest expense</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5pt; padding-top: 2pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">349</FONT></TD>
    <TD STYLE="padding-right: 5pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">241</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-right: 5pt; padding-top: 2pt; text-align: right; background-color: white"><FONT STYLE="font-size: 9pt">948</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">Income taxes&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5pt; padding-top: 2pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">1,488</FONT></TD>
    <TD STYLE="padding-right: 5pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">1,174</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right; background-color: white"><FONT STYLE="font-size: 9pt">(173)</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">Other changes</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5pt; padding-top: 2pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">77</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">(439)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-right: 5pt; padding-top: 2pt; text-align: right; background-color: white"><FONT STYLE="font-size: 9pt">657</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">Cash flow from changes in working capital</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">(1,865)</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">(293)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-right: 5pt; padding-top: 2pt; font-style: italic; text-align: right; background-color: white"><FONT STYLE="font-size: 9pt">754</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; font-style: italic; text-align: left"><FONT STYLE="font-size: 9pt">- inventories</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5pt; padding-top: 2pt; font-style: italic; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">16</FONT></TD>
    <TD STYLE="padding-right: 5pt; padding-top: 2pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">1,597</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-style: italic; text-align: right; background-color: white"><FONT STYLE="font-size: 9pt">(2,106)</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; font-style: italic; text-align: left"><FONT STYLE="font-size: 9pt">- trade receivables</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5pt; padding-top: 2pt; font-style: italic; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">233</FONT></TD>
    <TD STYLE="padding-right: 5pt; padding-top: 2pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">3,612</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-right: 5pt; padding-top: 2pt; font-style: italic; text-align: right; background-color: white"><FONT STYLE="font-size: 9pt">2,857</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; font-style: italic; text-align: left"><FONT STYLE="font-size: 9pt">- trade payables</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-style: italic; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">(1,739)</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">(6,301)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-right: 5pt; padding-top: 2pt; font-style: italic; text-align: right; background-color: white"><FONT STYLE="font-size: 9pt">253</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; font-style: italic; text-align: left"><FONT STYLE="font-size: 9pt">- provisions for contingencies</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-style: italic; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">(117)</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">(148)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-style: italic; text-align: right; background-color: white"><FONT STYLE="font-size: 9pt">(1,101)</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; font-style: italic; text-align: left"><FONT STYLE="font-size: 9pt">- other assets and liabilities</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5pt; padding-top: 2pt; font-style: italic; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">(258)</FONT></TD>
    <TD STYLE="padding-right: 5pt; padding-top: 2pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">947</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-right: 5pt; padding-top: 2pt; text-align: right; background-color: white"><FONT STYLE="font-size: 9pt">47</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">Net change in the provisions for employee benefits</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5pt; padding-top: 2pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">33</FONT></TD>
    <TD STYLE="padding-right: 5pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">25</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-right: 5pt; padding-top: 2pt; text-align: right; background-color: white"><FONT STYLE="font-size: 9pt">573</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">Dividends received</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5pt; padding-top: 2pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">558</FONT></TD>
    <TD STYLE="padding-right: 5pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">560</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-right: 5pt; padding-top: 2pt; text-align: right; background-color: white"><FONT STYLE="font-size: 9pt">205</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">Interest received</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5pt; padding-top: 2pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">100</FONT></TD>
    <TD STYLE="padding-right: 5pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">64</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right; background-color: white"><FONT STYLE="font-size: 9pt">(172)</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">Interest paid</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">(388)</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">(281)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right; background-color: white"><FONT STYLE="font-size: 9pt">(1,516)</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">Income taxes paid, net of tax receivables received</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">(1,336)</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">(1,540)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-right: 5pt; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">4,175</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; color: #0C6C90; font-weight: bold; text-align: left"><FONT STYLE="font-size: 9pt">Net cash provided
    by operating activities&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5pt; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">1,904</FONT></TD>
    <TD STYLE="padding-right: 5pt; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">2,982</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">(3,688)</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">Cash flow from investing activities&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">(3,636)</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">(3,015)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">(2,382)</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; font-style: italic; text-align: left"><FONT STYLE="font-size: 9pt">- tangible assets</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-style: italic; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">(1,820)</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">(2,064)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; font-style: italic; text-align: left"><FONT STYLE="font-size: 9pt">- prepaid right of use</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5pt; padding-top: 2pt; font-style: italic; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5pt; padding-top: 2pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">(284)</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; font-style: italic; text-align: left"><FONT STYLE="font-size: 9pt">- intangible assets</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-style: italic; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">(111)</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">(55)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">(649)</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; font-style: italic; text-align: left"><FONT STYLE="font-size: 9pt">- consolidated subsidiaries and
    businesses net of cash and cash equivalent acquired</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-style: italic; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">(1,469)</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">(524)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">(73)</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; font-style: italic; text-align: left"><FONT STYLE="font-size: 9pt">- investments</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-style: italic; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">(292)</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">(121)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">(186)</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; font-style: italic; text-align: left"><FONT STYLE="font-size: 9pt">- securities and financing receivables
    held for operating purposes&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-style: italic; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">(29)</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">(71)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">(114)</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">- change in payables in relation to investing activities&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5pt; padding-top: 2pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">85</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">(180)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">(13)</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">Cash flow from disposals</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5pt; padding-top: 2pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">253</FONT></TD>
    <TD STYLE="padding-right: 5pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">484</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-right: 5pt; padding-top: 2pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">55</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; font-style: italic; text-align: left"><FONT STYLE="font-size: 9pt">- tangible assets</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5pt; padding-top: 2pt; font-style: italic; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">210</FONT></TD>
    <TD STYLE="padding-right: 5pt; padding-top: 2pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">30</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-bottom: 3pt; padding-right: 5pt; padding-top: 3pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 3pt; padding-top: 3pt; padding-left: 18px; font-style: italic; text-align: left"><FONT STYLE="font-size: 9pt">- consolidated subsidiaries and
    businesses net of cash and cash equivalent disposed of</FONT></TD>
    <TD STYLE="padding-bottom: 3pt; padding-top: 3pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 3pt; padding-right: 5pt; padding-top: 3pt; font-style: italic; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 3pt; padding-right: 5pt; padding-top: 3pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">380</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-right: 5pt; padding-top: 2pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">1</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; font-style: italic; text-align: left"><FONT STYLE="font-size: 9pt">- investments</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5pt; padding-top: 2pt; font-style: italic; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">18</FONT></TD>
    <TD STYLE="padding-right: 5pt; padding-top: 2pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">35</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-right: 5pt; padding-top: 2pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">1</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; font-style: italic; text-align: left"><FONT STYLE="font-size: 9pt">- securities and financing receivables
    held for operating purposes&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5pt; padding-top: 2pt; font-style: italic; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">22</FONT></TD>
    <TD STYLE="padding-right: 5pt; padding-top: 2pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">6</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-right: 5pt; padding-top: 2pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">(70)</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; font-style: italic; text-align: left"><FONT STYLE="font-size: 9pt">- change in receivables in relation
    to disposals</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 5pt; padding-top: 2pt; font-style: italic; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">3</FONT></TD>
    <TD STYLE="padding-right: 5pt; padding-top: 2pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">33</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-right: 5pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">1,173</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">Net change in receivables and securities not held for
    operating purposes</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 2pt; padding-top: 2pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">(131)</FONT></TD>
    <TD STYLE="padding-right: 5pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">752</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: Black 2.5pt double; padding-right: 2pt; padding-bottom: 2pt; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">(2,528)</FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; padding-top: 2pt; padding-left: 18px; color: #0C6C90; font-weight: bold; text-align: left"><FONT STYLE="font-size: 9pt">Net cash used in
    investing activities</FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double; padding-bottom: 2pt; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double; padding-right: 2pt; padding-bottom: 2pt; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">(3,514)</FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double; padding-right: 2pt; padding-bottom: 2pt; padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">(1,779)</FONT></TD></TR>
  </TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center; color: #7f7f7f"></P>

<!-- Field: Page; Sequence: 35; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="color: rgb(127,127,127); text-align: center; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->32<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center; color: #7f7f7f">&nbsp;</P>

<P STYLE="font: 13pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #0c6c90">GROUP CASH FLOW STATEMENT (continued)</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font: 12pt Arial, Helvetica, Sans-Serif">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">Q4&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; font-weight: bold; text-align: center"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-top: 2pt; font-weight: bold; text-align: center"><FONT STYLE="font-size: 9pt">Q1&nbsp;</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-bottom: 2pt; padding-top: 2pt; font-weight: bold; vertical-align: middle; border-bottom: black 1pt solid; text-align: right; width: 8%"><FONT STYLE="font-size: 9pt">2023</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2pt; font-size: 9pt; vertical-align: bottom; text-align: center; width: 75%"><FONT STYLE="font-size: 7pt">(&euro;
    million)</FONT></TD>
    <TD STYLE="padding-bottom: 2pt; padding-top: 2pt; font-weight: bold; vertical-align: middle; border-bottom: black 1pt solid; width: 1%"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 2pt; padding-top: 2pt; font-weight: bold; vertical-align: middle; border-bottom: black 1pt solid; background-color: #F2F2F2; text-align: right; width: 8%"><FONT STYLE="font-size: 9pt">2024</FONT></TD>
    <TD STYLE="padding-bottom: 2pt; padding-top: 2pt; font-weight: bold; vertical-align: middle; border-bottom: black 1pt solid; text-align: right; width: 8%"><FONT STYLE="font-size: 9pt">2023</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">Increase in long-term debt&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">1,230</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">2,002</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">(278)</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">Payment of long-term debt</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">(1,335)</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">(152)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">(293)</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">Payment of lease liabilities</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">(309)</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">(247)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">1,241</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">Increase (decrease) in short-term financial debt</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">1,221</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">(1,989)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">(747)</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">Dividends paid to Eni's shareholders</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">(767)</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">(765)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">(7)</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">Dividends paid to non-controlling interests</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">(15)</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">Net capital issuance from non-controlling interest</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">588</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">(16)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">(3)</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">Disposal (acquisition) of additional interests in consolidated
    subsidiaries</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">(790)</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">Net purchase of treasury shares</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">(398)</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">Other contributions</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">14</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">(51)</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">Interest payment of perpetual hybrid bond</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">(39)</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">(39)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">(928)</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; color: #0C6C90; font-weight: bold; text-align: left"><FONT STYLE="font-size: 9pt">Net cash used in
    financing activities</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">190</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">(1,206)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">(87)</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">Effect of exchange rate changes on cash and cash equivalents
    and other changes</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">16</FONT></TD>
    <TD STYLE="padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">(32)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">632</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; color: #0C6C90; font-weight: bold; text-align: left"><FONT STYLE="font-size: 9pt">Net increase (decrease)
    in cash and cash equivalents</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">(1,404)</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">(35)</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-top: 2pt; color: #0C6C90; font-weight: bold; vertical-align: middle; text-align: right"><FONT STYLE="font-size: 9pt">9,573</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; color: #0C6C90; font-weight: bold; vertical-align: bottom; text-align: left"><FONT STYLE="font-size: 9pt">Cash
    and cash equivalents - beginning of the period&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: #0C6C90; font-weight: bold; vertical-align: middle; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: #0C6C90; font-weight: bold; vertical-align: middle; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">10,205</FONT></TD>
    <TD STYLE="padding-top: 2pt; color: #0C6C90; font-weight: bold; vertical-align: middle; text-align: right"><FONT STYLE="font-size: 9pt">10,181</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 2pt; padding-top: 2pt; border-bottom: Black 2.5pt double; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">10,205</FONT></TD>
    <TD STYLE="padding-bottom: 2pt; padding-top: 2pt; border-bottom: Black 2.5pt double; padding-left: 18px; color: #0C6C90; font-weight: bold; text-align: left"><FONT STYLE="font-size: 9pt">Cash and cash equivalents
    - end of the period&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 2pt; padding-top: 2pt; border-bottom: Black 2.5pt double; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-bottom: 2pt; padding-top: 2pt; border-bottom: Black 2.5pt double; color: #0C6C90; font-weight: bold; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">8,801</FONT></TD>
    <TD STYLE="padding-bottom: 2pt; padding-top: 2pt; border-bottom: Black 2.5pt double; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">10,146</FONT></TD></TR>
  </TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 36; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="color: rgb(127,127,127); text-align: center; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->33<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #0c6c90">Capital expenditure</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font: 12pt Arial, Helvetica, Sans-Serif">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-right: 12pt; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">Q4&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-top: 2pt; font-weight: bold; text-align: center"><FONT STYLE="font-size: 9pt">Q1&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 4pt; padding-bottom: 2pt; padding-top: 2pt; font-weight: bold; vertical-align: middle; text-align: right; width: 8%"><FONT STYLE="font-size: 9pt">2023</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2pt; font-size: 9pt; vertical-align: bottom; text-align: center; width: 69%"><FONT STYLE="font-size: 7pt">(&euro;
    million)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-bottom: 2pt; padding-top: 2pt; padding-right: 12pt; font-weight: bold; vertical-align: middle; text-align: right; background-color: #F2F2F2; width: 8%"><FONT STYLE="font-size: 9pt">2024</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-bottom: 2pt; padding-top: 2pt; padding-right: 12pt; font-weight: bold; vertical-align: middle; text-align: right; width: 8%"><FONT STYLE="font-size: 9pt">2023</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-bottom: 2pt; padding-top: 2pt; padding-right: 12pt; font-weight: bold; vertical-align: middle; text-align: right; width: 7%"><FONT STYLE="font-size: 9pt">%
    Ch.</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 4pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">1,809</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">Exploration &amp; Production</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">1,565</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">1,784</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">(12)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 4pt; padding-top: 2pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">215</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; font-style: italic; text-align: left"><FONT STYLE="font-size: 9pt">of which: - exploration</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; font-style: italic; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">178</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">211</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">(16)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 4pt; padding-top: 2pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">1,569</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 63px; font-style: italic; text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;&nbsp;- oil &amp; gas development</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; font-style: italic; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">1,381</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">1,562</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">(12)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 4pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">6</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">Global Gas &amp; LNG Portfolio</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">1</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">..</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 4pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">472</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">Enilive and Plenitude</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">205</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">176</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">16</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 4pt; padding-top: 2pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">218</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; font-style: italic; text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;- Enilive</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; font-style: italic; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">33</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">46</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">(28)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 4pt; padding-top: 2pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">254</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; font-style: italic; text-align: left"><FONT STYLE="font-size: 9pt">&nbsp;- Plenitude</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; font-style: italic; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">172</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">130</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">32</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 4pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">242</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">Refining, Chemicals and Power</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">111</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">111</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 4pt; padding-top: 2pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">134</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; font-style: italic; text-align: left"><FONT STYLE="font-size: 9pt">- Refining</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; font-style: italic; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">57</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">66</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">(14)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 4pt; padding-top: 2pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">77</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; font-style: italic; text-align: left"><FONT STYLE="font-size: 9pt">- Chemicals</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; font-style: italic; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">40</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">26</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">54</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 4pt; padding-top: 2pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">31</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; font-style: italic; text-align: left"><FONT STYLE="font-size: 9pt">-&nbsp;&nbsp;Power</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; font-style: italic; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">14</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">19</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; font-style: italic; text-align: right"><FONT STYLE="font-size: 9pt">(26)</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 4pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">145</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">Corporate and other activities</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">56</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">49</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">14</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 4pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">(8)</FONT></TD>
    <TD STYLE="padding-bottom: 1pt; padding-top: 2pt; padding-left: 18px; text-align: left"><FONT STYLE="font-size: 9pt">Impact of unrealized intragroup profit elimination</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 3pt; padding-top: 2pt; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">(7)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 3pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">(1)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 3pt; padding-top: 2pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: Black 2pt double; padding-right: 4pt; padding-bottom: 3pt; padding-top: 3pt; color: #0C6C90; font-weight: bold; text-align: right"><FONT STYLE="font-size: 9pt">2,666</FONT></TD>
    <TD STYLE="padding-bottom: 3pt; padding-top: 3pt; padding-left: 18px; color: #0C6C90; font-weight: bold; text-align: left"><FONT STYLE="font-size: 9pt">Capital expenditure
    <SUP>(a)</SUP></FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-bottom: 3pt; padding-top: 3pt; color: #0C6C90; font-weight: bold; border-bottom: Black 2pt double; text-align: right; background-color: #F2F2F2"><FONT STYLE="font-size: 9pt">1,931</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-bottom: 3pt; padding-top: 3pt; color: #0C6C90; font-weight: bold; border-bottom: Black 2pt double; text-align: right"><FONT STYLE="font-size: 9pt">2,119</FONT></TD>
    <TD STYLE="padding-right: 3pt; padding-bottom: 3pt; padding-top: 3pt; color: #0C6C90; font-weight: bold; border-bottom: Black 2pt double; text-align: right"><FONT STYLE="font-size: 9pt">(9)</FONT></TD></TR>
  </TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-size: 8pt">(a)
Expenditures to purchase plant and equipment from suppliers whose payment terms matched classification as financing payables, have been
recognized among other changes of the reclassified cash flow statements and are not reported in the table above&nbsp;&nbsp;(&euro;272
million and &euro;85 million in the first quarter 2024 and 2023).&nbsp;</FONT></P>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">In Q1 &rsquo;24, capital expenditure amounted to
 &euro;1,931 mln (&euro;2,119 mln in the Q1 &rsquo;23) decreasing by 9% y-o-y, in particular:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 9pt; color: rgb(12,108,144)">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">in the Exploration&nbsp;&amp;
Production, capital expenditure was mainly related to oil and gas development activities (&euro;1,381 mln) in particular in Congo, C&ocirc;te
d'Ivoire, Egypt,&nbsp;Italy, Mexico, Algeria,&nbsp;Iraq and the United States;</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 9pt; color: rgb(12,108,144)">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">in the Enilive and Plenitude segment,
Plenitude&rsquo;s capital expenditure (&euro;172 mln) mainly related to development activities in the renewable business, acquisition
of new customers, as well as development of electric vehicles network infrastructure, while Enilive capital expenditure (&euro;33 mln)
were related to biorefineries and biomethane activities, as well as HSE initiatives and marketing activity for regulation compliance and
stay-in-business initiatives in the retail network in Italy and in the rest of Europe;</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 9pt; color: rgb(12,108,144)">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">in the Refining, Chemicals and
Power segment mainly related to traditional refining in Italy (&euro;57 mln) relating to maintenance and stay-in-business and in the chemical
business (&euro;40 mln) to circular economy and asset integrity;</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol; font-size: 9pt; color: rgb(12,108,144)">&middot;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">the Corporate&rsquo;s capital
expenditure were mainly addressed to the CCUS and agro-biofeedstock projects (&euro;35 mln).</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center; color: #7f7f7f"></P>

<!-- Field: Page; Sequence: 37; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="color: rgb(127,127,127); text-align: center; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->34<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center; color: #7f7f7f">&nbsp;</P>

<P STYLE="font: 13pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; color: #0c6c90">Exploration&nbsp;&amp; Production</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>



<P STYLE="color: #0C6C90; font: bold 12pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-size: 9pt">PRODUCTION
OF OIL AND NATURAL GAS BY REGION</FONT></P>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="padding-right: 6pt; padding-top: 2pt; vertical-align: bottom; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt"><B>Q4&nbsp;</B></FONT></TD>
    <TD STYLE="padding-top: 2pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-right: 6.75pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-top: 2pt; vertical-align: bottom; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt"><B>Q1&nbsp;</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 4pt; padding-top: 2pt; width: 10%; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt"><B>2023</B></FONT></TD>
    <TD STYLE="padding-top: 2pt; vertical-align: bottom; width: 53%; border-bottom: black 1pt solid; padding-left: 13.5pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; vertical-align: bottom; width: 17%; border-bottom: black 1pt solid; padding-right: 6.75pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2pt; width: 10%; background-color: #F2F2F2; padding-right: 8pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt"><B>2024</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2pt; width: 10%; padding-right: 8pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt"><B>2023</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 3pt; padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">66</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-left: 20.25pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Italy</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 6.75pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 7pt">&nbsp;&nbsp;(kboe/d)&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 3pt; background-color: #F2F2F2; padding-right: 5pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">66</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 5pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">75</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 3pt; padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">182</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-left: 20.25pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Rest of Europe</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 6.75pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 3pt; background-color: #F2F2F2; padding-right: 5pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">269</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 5pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">180</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 3pt; padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">352</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-left: 20.25pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">North Africa</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 6.75pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 3pt; background-color: #F2F2F2; padding-right: 5pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">310</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 5pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">295</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 3pt; padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">303</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-left: 20.25pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Egypt</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 6.75pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 3pt; background-color: #F2F2F2; padding-right: 5pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">293</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 5pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">332</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 3pt; padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">307</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-left: 20.25pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Sub-Saharan Africa</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 6.75pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 3pt; background-color: #F2F2F2; padding-right: 5pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">304</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 5pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">292</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 3pt; padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">178</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-left: 20.25pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Kazakhstan</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 6.75pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 3pt; background-color: #F2F2F2; padding-right: 5pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">165</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 5pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">166</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 3pt; padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">185</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-left: 20.25pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Rest of Asia</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 6.75pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 3pt; background-color: #F2F2F2; padding-right: 5pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">205</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 5pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">174</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 3pt; padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">129</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-left: 20.25pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Americas</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 6.75pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 3pt; background-color: #F2F2F2; padding-right: 5pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">126</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 5pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">141</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 3pt; padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">6</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-left: 20.25pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Australia and Oceania</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 6.75pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 3pt; background-color: #F2F2F2; padding-right: 5pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">3</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 5pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">6</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 3pt; padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt; color: #0C6C90"><B>1,708</B></FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-left: 13.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt; color: #0C6C90"><B>Production
    of oil and natural gas <SUP>(a)(b)</SUP></B></FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 6.75pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 3pt; background-color: #F2F2F2; padding-right: 5pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt; color: #0C6C90"><B>1,741</B></FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 5pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt; color: #0C6C90"><B>1,661</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 3pt; padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt"><I>337</I></FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-left: 20.25pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt"><I>- of which Joint Ventures
    and associates</I></FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 6.75pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 3pt; background-color: #F2F2F2; padding-right: 5pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt"><I>394</I></FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 5pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt"><I>325</I></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 2.25pt double; padding-top: 3pt; vertical-align: bottom; padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt; color: #0C6C90"><B>145</B></FONT></TD>
    <TD STYLE="padding-bottom: 3pt; padding-top: 3pt; padding-left: 13.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt; color: #0C6C90"><B>Production
    sold <SUP>(a)</SUP></B></FONT></TD>
    <TD STYLE="padding-bottom: 3pt; padding-top: 3pt; padding-right: 6.75pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 7pt; color: rgb(12,108,144)">&nbsp;(mmboe)&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 5pt; padding-top: 3pt; vertical-align: bottom; background-color: #F2F2F2; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt; color: #0C6C90"><B>142</B></FONT></TD>
    <TD STYLE="border-bottom: black 2.25pt double; padding-right: 5pt; padding-top: 3pt; vertical-align: bottom; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt; color: #0C6C90"><B>131</B></FONT></TD></TR>
  </TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>


<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="color: #0C6C90; font: bold 12pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-size: 9pt">PRODUCTION
OF LIQUIDS BY REGION</FONT></P>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="padding-right: 6pt; padding-top: 2pt; vertical-align: bottom; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt"><B>Q4&nbsp;</B></FONT></TD>
    <TD STYLE="padding-top: 2pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-right: 6.75pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-top: 2pt; vertical-align: bottom; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt"><B>Q1&nbsp;</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 4pt; padding-top: 2pt; width: 10%; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt"><B>2023</B></FONT></TD>
    <TD STYLE="padding-top: 2pt; vertical-align: bottom; width: 53%; border-bottom: black 1pt solid; padding-left: 13.5pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 2pt; vertical-align: bottom; width: 17%; border-bottom: black 1pt solid; padding-right: 6.75pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2pt; width: 10%; background-color: #F2F2F2; padding-right: 8pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt"><B>2024</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 2pt; width: 10%; padding-right: 8pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt"><B>2023</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 2pt; padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">28</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-left: 20.25pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Italy</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-right: 6.75pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 7pt">(kbbl/d)</FONT></TD>
    <TD STYLE="padding-top: 2pt; background-color: #F2F2F2; padding-right: 5pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">28</FONT></TD>
    <TD STYLE="padding-top: 2pt; padding-right: 5pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">31</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 3pt; padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">113</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-left: 20.25pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Rest of Europe</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 6.75pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 3pt; background-color: #F2F2F2; padding-right: 5pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">143</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 5pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">102</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 3pt; padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">134</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-left: 20.25pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">North Africa</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 6.75pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 3pt; background-color: #F2F2F2; padding-right: 5pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">120</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 5pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">131</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 3pt; padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">63</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-left: 20.25pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Egypt</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 6.75pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 3pt; background-color: #F2F2F2; padding-right: 5pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">63</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 5pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">69</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 3pt; padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">174</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-left: 20.25pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Sub-Saharan Africa</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 6.75pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 3pt; background-color: #F2F2F2; padding-right: 5pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">179</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 5pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">172</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 3pt; padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">122</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-left: 20.25pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Kazakhstan</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 6.75pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 3pt; background-color: #F2F2F2; padding-right: 5pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">114</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 5pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">118</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 3pt; padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">83</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-left: 20.25pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Rest of Asia</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 6.75pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 3pt; background-color: #F2F2F2; padding-right: 5pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">89</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 5pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">84</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 3pt; padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">64</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-left: 20.25pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Americas</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 6.75pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 3pt; background-color: #F2F2F2; padding-right: 5pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">61</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 5pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">73</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 6pt; padding-top: 3pt; padding-left: 13.5pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt; color: white">-</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-left: 20.25pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Australia and Oceania</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 6.75pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 3pt; background-color: #F2F2F2; padding-right: 5pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt; color: #F2F2F2">-</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 5pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt; color: white">-</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 3pt; padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt; color: #0C6C90"><B>781</B></FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-left: 13.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt; color: #0C6C90"><B>Production
    of liquids&nbsp;</B></FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 6.75pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 3pt; background-color: #F2F2F2; padding-right: 5pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt; color: #0C6C90"><B>797</B></FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 5pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt; color: #0C6C90"><B>780</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: Black 2.5pt double; padding-top: 3pt; padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt"><I>187</I></FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-bottom: 2.5pt; padding-left: 20.25pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt"><I>- of which Joint Ventures
    and associates</I></FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-bottom: 2.5pt; padding-right: 6.75pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double; padding-top: 3pt; background-color: #F2F2F2; padding-right: 5pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt"><I>215</I></FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double; padding-top: 3pt; padding-right: 5pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt"><I>176</I></FONT></TD></TR>
  </TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="color: #0C6C90; font: bold 12pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-size: 9pt">PRODUCTION
OF NATURAL GAS BY REGION</FONT></P>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="padding-right: 6pt; padding-top: 3pt; vertical-align: bottom; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt"><B>Q4&nbsp;</B></FONT></TD>
    <TD STYLE="padding-top: 3pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 6.75pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="padding-top: 3pt; vertical-align: bottom; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt"><B>Q1&nbsp;</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 4pt; padding-top: 3pt; width: 10%; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt"><B>2023</B></FONT></TD>
    <TD STYLE="padding-top: 3pt; vertical-align: bottom; width: 53%; border-bottom: black 1pt solid; padding-left: 13.5pt"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 3pt; vertical-align: bottom; width: 17%; border-bottom: black 1pt solid; padding-right: 6.75pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 3pt; width: 10%; background-color: #F2F2F2; padding-right: 5pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt"><B>2024</B></FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-top: 3pt; width: 10%; padding-right: 5pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt"><B>2023</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 3pt; padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">200</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-left: 20.25pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Italy</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 6.75pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 7pt">(mmcf/d)</FONT></TD>
    <TD STYLE="padding-top: 3pt; background-color: #F2F2F2; padding-right: 5pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">203</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 5pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">225</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 3pt; padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">364</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-left: 20.25pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Rest of Europe</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 6.75pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 3pt; background-color: #F2F2F2; padding-right: 5pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">657</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 5pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">407</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 3pt; padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">1,140</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-left: 20.25pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">North Africa</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 6.75pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 3pt; background-color: #F2F2F2; padding-right: 5pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">994</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 5pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">856</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 3pt; padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">1,254</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-left: 20.25pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Egypt</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 6.75pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 3pt; background-color: #F2F2F2; padding-right: 5pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">1,206</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 5pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">1,378</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 3pt; padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">691</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-left: 20.25pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Sub-Saharan Africa&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 6.75pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 3pt; background-color: #F2F2F2; padding-right: 5pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">651</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 5pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">630</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 3pt; padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">292</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-left: 20.25pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Kazakhstan</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 6.75pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 3pt; background-color: #F2F2F2; padding-right: 5pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">265</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 5pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">252</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 3pt; padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">536</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-left: 20.25pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Rest of Asia</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 6.75pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 3pt; background-color: #F2F2F2; padding-right: 5pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">603</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 5pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">471</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 3pt; padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">341</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-left: 20.25pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Americas</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 6.75pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 3pt; background-color: #F2F2F2; padding-right: 5pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">341</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 5pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">356</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 3pt; padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">33</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-left: 20.25pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">Australia and Oceania</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 6.75pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 3pt; background-color: #F2F2F2; padding-right: 5pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">17</FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 5pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt">33</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-top: 3pt; padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt; color: #0C6C90"><B>4,851</B></FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-left: 13.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt; color: #0C6C90"><B>Production
    of natural gas</B></FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 6.75pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="padding-top: 3pt; background-color: #F2F2F2; padding-right: 5pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt; color: #0C6C90"><B>4,937</B></FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-right: 5pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt; color: #0C6C90"><B>4,608</B></FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: Black 2.5pt double; padding-top: 3pt; padding-right: 6pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt"><I>788</I></FONT></TD>
    <TD STYLE="padding-top: 3pt; padding-bottom: 2.5pt; padding-left: 20.25pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt"><I>- of which Joint Ventures
    and associates</I></FONT></TD>
    <TD STYLE="padding-bottom: 2.5pt; padding-top: 3pt; padding-right: 6.75pt; text-align: right"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double; padding-top: 3pt; background-color: #F2F2F2; padding-right: 5pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt"><I>935</I></FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double; padding-top: 3pt; padding-right: 5pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt"><I>777</I></FONT></TD></TR>
  </TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="text-align: justify; font: 9pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-size: 7pt">(a)
Includes Eni&rsquo;s share of production of equity-accounted entities.</FONT></P>

<P STYLE="text-align: justify; font: 9pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-size: 7pt">(b)
Includes volumes of hydrocarbons consumed in operation (125 and 127 kboe/d in the first quarter of 2024 and 2023, respectively, and 131
kboe/d in the fourth quarter of 2023).</FONT></P>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 38; Options: Last -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="color: rgb(127,127,127); text-align: center; margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->35<!-- Field: /Sequence --></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>2
<FILENAME>tm2412553d1_6kimgsp1.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 tm2412553d1_6kimgsp1.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  @&!@<&!0@'!P<)"0@*#!0-# L+
M#!D2$P\4'1H?'AT:'!P@)"XG("(L(QP<*#<I+# Q-#0T'R<Y/3@R/"XS-#+_
MVP!# 0@)"0P+#!@-#1@R(1PA,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R
M,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C+_P  1"  N 'X# 2(  A$! Q$!_\0
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MZ'H8"E3E3E*1N6MU/IDLES?2[W=1B+?ECGH?84]/%3>9\]L-GLW-7K.Q@N(
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BXHI&=%P[_>.<YK;$89U)TY0LG%[^5K67KI]Q,)V33ZG_V0$!

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