Eni and CDP Equity, in relation to the Shareholders 'Meeting of Saipem convened for the next 3 May 2018, in single call and called to resolve, among other things, regarding the appointment of Directors, as envisaged by the existing shareholders' agreement the two companies will propose a joint list with the following candidate directors:
- Francesco Caio,
- Stefano Cao,
- Maria Elena Cappello (*)
- Claudia Carloni,
- Paolo Fumagalli (*),
- Leone Pattofatto.
Stefano Cao is the candidate in possession of specific professional skills for confirmation as CEO of the company.
The deposit with Saipem will be carried out according to the terms and procedures established by the law, by the Saipem by-laws, by the notice convening the Shareholders 'Meeting and by the shareholders' agreement.
Eni and CDP Equity will also submit the following proposals to the Shareholders' Meeting of Saipem:
- to appoint Francesco Caio as Chairman of the Board of Directors;
- confirm the current remuneration of the Directors and, therefore, propose to determine the gross annual remuneration due to each Director in 60.000 euro, in addition to the reimbursement of expenses incurred for the position.
Eni SpA holds no. 308.767.968 ordinary shares of Saipem SpA representing 30,542% of all ordinary shares.
CDP Equity SpA holds no. 126.905.637 ordinary shares of Saipem SpA representing 12,553% of all ordinary shares.
As known, Eni SpA and CDP Equity SpA have signed a shareholders' agreement regarding Saipem SpA ordinary shares whose essential information is available on the website of Saipem SpA and Consob.
Note:
(*) Candidate who has declared possession of the requisites of independence provided for by art. 148, paragraph 3, of the D.lgs. n. 58 / 1998 ("TUF"), as referred to in art. 147-ter paragraph 4 of the TUF and art. 3 of the Corporate Governance Code