Eni has completed the sale of its 100% participation interest in Gas Brasiliano Distribuidora S.A. ("GBD"), a company that markets and distributes natural gas in the State of São Paulo - Brazil, to Petróleo Brasileiro S.A. ("Petrobras"), through its subsidiary Petrobras Gás S.A. ("Gaspetro"), after receiving the necessary antitrust and regulatory approvals. The total consideration for the transaction of approximately US$ 271 million is subject to a final post-closing adjustment based on net debt and working capital. GBD holds the concession to undertake gas distribution activities in the Northwest region of the State of São Paulo, an area covering 375 municipalities, supplying gas to the industrial, commercial, residential, and transportation sectors.