SNAM Report on Corporate Governance and Ownership Structure 2014

2. Significant shareholdings

The table below shows shareholders with equity investments of more than 2% in Snam as at the Report approval date (based on information available and notices received pursuant to the Issuer Regulations).

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Declarant

Direct shareholder

Proportion of ordinary share capital (%)

(1)	Company owned by CDP (59.1%), State Grid Europe Limited (35%), and Italian banking foundations and Cassa Forense (5.9%).
(2)	Eni is not permitted to exercise voting rights at Shareholders’ Meetings.

CDP

CDP RETI S.p.A.⁽¹⁾

28.98

Ministry of Economy and Finance

Eni ⁽²⁾

8.25

Structure of the corporate governance system adopted by the company (Photo)

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