Saipem’s CFO Appointed Manager of the Company’s Financial Reports Preparation

Source: www.gulfoilandgas.com 6/9/2021, Location: Europe

Saipem S.p.A. informs that the Board of Directors - having heard the Compensation and Remuneration Committee and with the favourable opinion of the Board of Statutory Auditors - appointed Antonio Paccioretti as Manager in charge of the preparation of the Company’s Financial Reports, pursuant to art. 154-bis of Legislative Decree no. 58/1998. Mr. Paccioretti has held the position of Saipem’s Chief Financial Officer since June 1, 2021 and is responsible for the Administrative, Finance and Control functions of the Company.

In compliance with Borsa Italiana’s Market Regulations, we inform that Antonio Paccioretti has no shareholdings in the Company.

Saipem is a leading company in engineering, drilling and construction of major projects in the energy and infrastructure sectors. It is “One-Company” organized in five business divisions (Offshore E&C, Onshore E&C, Offshore Drilling, Onshore Drilling and XSIGHT, dedicated to consulting and engineering services in the project definition phase). Saipem is a global solution provider with distinctive skills and competences and high-tech assets, which it uses to identify solutions aimed at satisfying customer requirements. Listed on the Milan Stock Exchange, it is present in over 60 countries worldwide and has 32 thousand employees of 130 different nationalities.


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