REFINING & MARKETING AND CHEMICALS

ADJUSTED OPERATING PROFIT

R&M – Adjusted operating profit (bar chart)

DIRECT GHG EMISSIONS

R&M – Direct GHG emissions (bar chart)

CONSUMPTION AND MARKET SHARE IN ITALY

R&M – Consumption and market share in Italy (bar and line chart)

REFINING BREAK-EVEN MARGIN

3.8 $/BBL

BENEFITTING FROM REFINERY SYSTEM SET-UP

GREEN REFINERY THROUGHPUTS

0.24 MMTONNES

UP BY +14% VS. 2016

REFINERY THROUGHPUTS ON OWN ACCOUNT

24.02 MMTONNES

-2% VS. 2016 DUE TO DOWNTIME OF SOME PLANTS

PRODUCTION OF PETROCHEMICAL PRODUCTS

5,818 KTONNES

+172 KTONNES VS. 2016 (+3%)

AVERAGE PETROCHEMICAL PLANT UTILIZATION RATE

73%

INCREASED COMPARED TO 2016 (71%)

Venice, the biorefinery that gives rise to eco-fuel

The transformation of the Venice refinery told by those who – with passion, determination and skill – every day help ensure the safety of a facility that is now transforming organic waste into biofuel.