eni.com

2013 fourth quarter and preliminary full year results February 13th, 2014

2

market environment

$/bbl €/bbl €/bbl $/bbl

Brent

* Brent/Ural FOB Mediterranean market. Eni calculations on Platt’s Oilgram data

european ref. margin €/$ exchange rate

3

Q4 and full year consolidated results

* figures exclude Snam contribution

1,301 3,521

4,970

adj. net profit * adj. operating profit *

mln € FY 2013

4,433 -35% vs 2012

FY 2013 12,620

-34% vs 2012

1,518

mln €

4

1,653

kboe/d

oil & gas production adj. operating profit

e&p performance

3,409

3,917

1,747

3,999

1,600 4,867

1,648 1,577

mln €

3,321

5

17.8 18.4

bcm gas sales adj. operating profit

g&p performance

-356

24.4

42

* including associates and excluding e&p sales in Europe and in the Gulf of Mexico

29.5

-227

-436

24.9 357

mln €

6

mln tonnes

sales

mln €

adj. operating profit

r&m performance

6.0

-61

5.8 -7

-152

5.2 5.8

-174

5.7

-95

7

other businesses: adjusted operating profit

mln € Δ % Q4 2013

Q4 2012

-12.1 (116) (130)

-51.9 320 154

+36.3 (80) (51)

+1.2 (82) (81)

eni.com

appendix February 13th, 2014

9

results of operations

Data based on continuing operations

Operating Profit

Exclusion of inventory holding (gains) losses

Special items

Net sales from operations

Replacement Cost Operating Profit

Adjusted Operating Profit

Adj. Profit before income taxes

Reported Net Profit to eni’s shareholders

Adjusted Net Profit to eni’s shareholders

Net financial income (expense) Net share of profit from associates (expense)

Taxation

Tax rate

Minority interest

Special items

FY 13 Δ % FY 12

Q4 13

306

691

3,521

3,433

(611)

1,301

8,902

9,618

12,620

12,635

5,196

7,130

26,323

385

2,830

(215) 127

(2,078)

60.5%

(54)

(1,677) (235)

(801)

115,022

716

3,002

816

(8,398)

66.5%

196

1,207

23

(40.9)

(36.1)

(36.3)

23.7

(37.8)

15,071

15,054

19,798

19,568

4,200

(1,145)

127,220

(17)

4,744

915

(11,694)

59.8%

(744)

(2,953)

(444)

4,433

(35.4)

Inventory holding gains (losses)

1,650

2,210

4,970

4,850

(1,964)

1,518

32,523

560

2,760

(202) 82

(3,267)

67.4%

(65)

(3,142) (340)

Q4 12

mln €

10

g&p: adjusted operating profit by activities

42

357

mln € n.s.

11

main operating data

* Including Eni’s share of production of joint ventures accounted for with the equity method ** Including self-consumption

*** Consolidated sales; excludes E&P sales in Europe and in the Gulf of Mexico

Q4 13 FY 13 FY 13

1,701

598.7

34.78

57.81

42.58

23.87

6,090

Δ %

(4.8)

(7.2)

3.1

(5.4)

(17.7)

(4.8)

(4.5)

hydrocarbon production (kboe/d)

production sold* (mln boe)

natural gas sales:

electricity sales (TWh)

refined product sales (mln tonnes)

chemical production (ktonnes)

1,577

10.70

14.17

8.75

5.72

5,817

1,619

22.72

35.05

54.70

35.86

555.3

1,367

137.4

1,747

10.15

14.21

10.13

5.83

1,492

154.4

Q4 12

in Italy** (bcm) international*** (bcm)

12

production by geographical area kboe/d

1,747

1,577

-9.7%

13

oil & gas production

1,747 1,577

1,747

1,577

kboe/d

-9.7%

14

capex

3,890 3,766

mln €

-3.2%

15

eni consolidated results

* Continuing operations. Average shares: Q4 12 3,622.8 million; Q4 13 3,622.8 million Note: Cash Flow calculated as net profit + depreciation, depletion and amortization

Q4 13 adjusted

Q4 12 adjusted

Q4 13 adjusted

Q4 12 adjusted

Q4 13 Q4 12

Q4 13 Q4 12

+69% -14%

24% -5%

EPS Euro per share*

CFPS Euro per share*

0.42

1.09 1.04 0.92 1.14

0.54

0.17

0.36