

| SAIPEM SPA | 30/04/2011 AGM | |
|---|---|---|
| O.1 | Adopt the Annual Report | For |
| O.2 | Approve the dividend | For |
| O.3.1 | Elect members to the Board of Directors (slate presented by ENI Spa) | Oppose |
| O.3.2 | Elect members to the Board of Directors (slate presented by institutionl investors) | For |
| O.4.1 | Elect the members to the Board of Statutory Auditors (slate presented by ENI) | Oppose |
| O.4.2 | Elect the members to the Board of Statutory Auditors (slate presented by institutional investors) | For |
| E.1 | Amend Articles | Oppose |