remuneration Policy 2021

The Compensation Committee undertook its annual assessment of Snam’s remuneration policy in early 2021. In making its decisions, with a view to consistency, the Committee took into account the decisions taken by the Shareholders’ Meeting of 18 June 2020 and by the Board of Directors in 2020, following an evaluation of the regulatory framework regarding remuneration, with particular reference to said Issuers’ Regulations Art. 84-quater and Annex 3A, scheme 7-bis, incorporating Italian Legislative Decree No 49 of 10 May 2019, implementing SHRD II, as well as the practices in the preparation of the remuneration report in a national and international context.

The Snam Remuneration Policy for 2021 for Directors, Auditors and Managers with Strategic Responsibilities was approved by the Board of Directors, on the recommendation of the Remuneration Committee, at the meeting of 17 March 2021 and subsenquently approved with a binding vote by the Shareholders' Meeting of 28 April 2021.