Saipem:Minutes of BOD Meeting February 25, 2020 with updated Article of Association

Complete text of the current Articles of Association of Saipem S.p.A. (art. 31 which provided for a transitory clause, was deleted) to comply with the provisions of the new legislation on gender balance in the composition of corporate bodies - Law no. 160 dated December 27, 2019. Resolution of the Board of Directors on February 25, 2020 reg. n. 43670 ref. n. 15803, lodged with the Companies’ Register on February 27, 2020.