In 2016, the role of Manager Responsible for Preparing Financial Reportswas assigned to Mr. Carlo Gainelli, Head of Group Accounting and Administration, who was confirmed in such role by the Board of Directors’ meeting held on 8 June 2016, after receiving an opinion from the Board of Statutory Auditors, until the expiry of the term of office of the Board of Directors currently in office.
In accordance with the provisions of art. 26 of the By-laws, the Manager Responsible for Preparing Financial Reports is an expert on administration, finance and control and meets the integrity requisites imposed under the legal framework for Directors. In accordance with the Decree of the President of the Council of Ministers (DPCM) dated 25 May 2012, the Manager Responsible for Preparing Financial Reportsdoes not hold any role in the management or control bodies or executive positions in Eni S.p.A. or its subsidiaries, nor is this Manager party to any relationship, whether direct or indirect, of a professional or economic nature with such companies.
The Manager Responsible for Preparing Financial Reports implements adequate administrative and accounting procedures for the drafting of the annual financial statements and the consolidated financial statements, as well as all other financial reports.
The Company’s acts and announcements disseminated to the market and the related financial disclosure, including the interim disclosure, must be accompanied by a written declaration by the Manager responsible for preparing financial reports, through which the latter certifies that the financial disclosure reflects the data set forth in the company’s accounting books and records.
In order to facilitate information flows, the Manager responsible for preparing financial reports is entitled to attend Board of Directors’ meetings that involve accounting matters.
The Manager responsible for preparing financial reports prepares periodic reporting on the planning of the activities to be performed and on the results of the controls implemented, which reporting is made available to the Board of Directors.
The Manager responsible for preparing financial reports activates a direct and mutual reporting channel not only with the Board of Statutory Auditors by organizing periodic meetings to review material issues of an administrative nature and to review the results and outcomes of the work performed, but also with the Oversight Board by sending to the latter periodic reporting on the outcomes of controls conducted when they pertain to a specific area falling under the Oversight Board’s responsibility.