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3. 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 in which CDP holds 59.1% and State Grid Europe Limited holds 35%, with the remaining 5.9% held by Italian institutional investors.
(2)	Wholly owned subsidiary of CDP.

CDP

CDP RETI S.p.A.⁽¹⁾

28.98

CDP GAS s.r.l. ⁽²⁾

1.12

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