Report on corporate governance and ownership structure

Introduction

Since it floated in 2001, Snam has adhered to the different versions of Corporate Governance Code for Listed Companies issued by Borsa Italiana S.p.A.

The overall framework of Snam’s corporate governance system is fully described in the “2013 Report on corporate governance and ownership structure” (hereafter also the “2013 governance report”) prepared pursuant to Article 123-bis of Legislative Decree 58/1998 (hereafter the “Consolidated Finance Act” or “TUF”) and approved by the Board of Directors on 27 February 2014.

The 2013 Report on corporate governance and ownership structure is published (at the same time as this Directors’ Report) in the “Governance” section of the Company website.

The information reported below, which refers to 31 December 2013 unless otherwise indicated, aims to supply a summary of this report.