Saipem

Pre-Annual General Meeting Information • Jul 24, 2025

Informazione Regolamentata n. 0232-45-2025	Data/Ora Inizio Diffusione 24 Luglio 2025 00:51:30		Euronext Milan
Societa'	:	SAIPEM
Identificativo Informazione Regolamentata	:	208306
Utenza - referente	:	SAIPEMN10 - Calcagnini Paolo
Tipologia	:	3.1
Data/Ora Ricezione	:	24 Luglio 2025 00:51:30
Data/Ora Inizio Diffusione	:	24 Luglio 2025 00:51:30
Oggetto	:	Saipem: Extract Notice of Extraordinary Shareholders Meeting
Testo del comunicato

Vedi allegato

Saipem S.p.A. Sede legale via Luigi Russolo, 5 – Milano Capitale Sociale Euro 501.669.790,83 i.v. Registro delle Imprese di Milano, Monza-Brianza, Lodi R.E.A. Milano n. 788744 Codice Fiscale e Partita IVA 00825790157

NOT FOR DISTRIBUTION IN OR INTO THE UNITED STATES, OR IN ANY OTHER JURISDICTION IN WHICH SUCH DISTRIBUTION WOULD BE PROHIBITED BY APPLICABLE LAW

EXTRACT OF THE NOTICE OF THE EXTRAORDINARY SHAREHOLDERS' MEETING OF SAIPEM S.P.A.

pursuant to art. 125-bis, paragraph 1, Legislative Decree 58/1998

The Shareholders' Meeting of Saipem S.p.A. ("Saipem" or "Company"), in extraordinary session, will be held at 09.30 am (CET) on 25 September 2025 (single call), at the Company's registered office in Milan, via Luigi Russolo 5, Spark 1 building, to discuss the following

Agenda

1. Approving the common cross border merger plan by incorporation of Subsea 7 S.A. into Saipem S.p.A. Relevant resolutions.

For information regarding:

• how to attend and vote at the Shareholders' Meeting (please note that the record date is Tuesday, 16 September 2025),
• how to attend and vote at the Shareholders' Meeting by proxy or through the Designated Representative (Mr. Dario Trevisan),
• how to exercise the right to add items to the Meeting Agenda, submit new proposed resolutions and ask questions on the item on the Agenda,

please refer to the full text of the notice of Meeting available on the Company's website (www.saipem.com | Section "Governance" - "Shareholders' Meeting"), from the authorised "eMarket STORAGE" system () and on the website of Borsa Italiana S.p.A. (www.borsaitaliana.it).

Information on Saipem's share capital is also available on the Company's website (www.saipem.com

| "Governance" Section - "Shareholders' Meeting").

Please be advised that the documentation relating to the item on the agenda, the full text of the proposed resolution, together with the explanatory report required by the regulations in force, will be made available to the public under the terms of the law at the Company's registered office, through the authorised "eMarket STORAGE" system (), on the website of Borsa Italiana S.p.A. (www.borsaitaliana.it), as well as in the relevant section of the Company's website (www.saipem.com | "Governance" section - "Shareholders' Meeting").

This extract has been published in the newspaper "Il Sole 24 Ore" on Friday, 25 July 2025.

On behalf of the Board of Directors The Chairman Elisabetta Serafin

* * *

This document is not an offer of merger consideration shares in the United States. Neither the merger consideration shares nor any other securities have been or will be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"), and neither the merger consideration shares nor any other securities may be offered, sold or delivered within or into the United States, except pursuant to an applicable exemption of, or in a transaction not subject to, the Securities Act. This document must not be forwarded, distributed or sent, directly or indirectly, in whole or in part, in or into the United States.

Fine Comunicato n.0232-45-2025	Numero di Pagine: 4
--------------------------------	---------------------