Board evaluation 2026

Please Refer your votes/comments to the period under review: YEAR 2026

Your answers to this questionnaire will be treated in the strictest confidence and the resulting data will therefore always be used and reported in a consolidated form.

All questions marked with * are mandatory

Please consider that some of the questions ask you to give a rating from 1 star (low) to 5 stars (high).

Section 1/6

Self-assessment on new Board Skill Matrix (BSM)

1. Following the recent update of the BSM, you are kindly requested to rate yourself on each of the seven skills included in the BSM, using a scale from 1 to 5 based on your perceived level of proficiency. The results of the assessment will also be reported in the Corporate Governance Report on an aggregate basis only.*

1.1. Management, Strategy & Mergers & Acquisition*

Experience in top management as CEO/Chairman/Senior Executive in listed companies of significant size and complexity, leading strategy, business development/transformation or a strategic function and, preferably, specific experience in M&A operations and post-merger Integration.

1.2. Similar industrial sector*

Knowledge and experience in large industrial companies, preferably in the energy transition business, and significant knowledge of industrial operations and product technology.

1.3. Geographies & international experience*

Knowledge and experience of the key strategic countries where the Group operates.

1.4. AI, Digital Innovation, ICT & Cybersecurity*

Experience and background in artificial intelligence, digital innovation, information, communication and technology, and cybersecurity.

1.5. Finance & Risk Management*

Experience in leadership roles – such as CFO, Risk Officer, Internal Audit Officer - preferably in international industrial companies; as alternative, at least 5-year experience in a Risk and Control Committee or Audit Committee.

1.6. Governance*

Knowledge of the laws, legislation and codes of conduct and governance best practices in listed companies; experience preferably chairing Governance or Nominations Committees.

1.7. Sustainability, ESG & human capital development*

Competence and experience in integrating sustainability/ESG matters into the business vision and in Human Capital Management.

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Section 2/6

Functioning of the Board's meetings

2. Frequency of the Board meetings is*

Adequate Not Adequate: too many meetings Not Adequate: too few meetings

3. The average duration of the Board meetings is*

Adequate Not adequate: sometimes the duration is excessive Not adequate: sometimes the duration does not allow for a full discussion of the topics

4. The meetings' agenda correctly reflects the priorities and relevance of the topics to be discussed, to ensure that all matters are given adequate space*

5. Information and documentation received prior to the Board meetings are clear, complete, effective and with adequate summary*

6. Information and documentation received before Board meetings are provided in a timely and effective manner*

7. Accessibility to the Board papers via 'CDAonBOARD' Application/Portal*

8. During board meetings more time should be allocated to the following topics*
(multiple choices are possible)

Strategy Risks and Internal Control Extraordinary transactions and investments Corporate Governance Human Resources and Organisation Succession planning Remuneration Business Management Sustainability/ESG Cybersecurity All the above topics are sufficiently discussed

9. Further topics, if any, to be discussed during board meetings

10. The balance of discussion and Q&A time versus presentation time is appropriate*

11. Directors come to meetings appropriately prepared*

12. Accuracy of the content of the information on quarterly basis provided to the Market/Stakeholders in relation to the Company business performance and strategic choices are*

Adequate Not adequate

If "Not adequate", please specify

13. Meeting minutes effectively report clear resolutions and the main discussions on individual topics*

Agree Disagree

If "Disagree", please specify

14. Do you feel able to express your opinion freely during Board meetings?*

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Section 3/6

Positions and Roles

If you are the subject of the question (highlighted in red), please don't score the question

15. The Chairman adequately manages the Board's work, sets the times, and promotes debate and decision-taking.

(question not applicable to the Chairman)

16. The CEO provides the Board with information concerning management trends, developments and major operations at Group level.

(question not applicable to the CEO)

17. The Chairman and the CEO exhaustively answer Directors’ questions

(question not applicable to the Chairman and to the CEO)

18. The relationship between the Chairman and the CEO is constructive and well-balanced

(question not applicable to the Chairman and to the CEO)

19. Delegation of powers between the Board and the executives Directors (CEO and CFO) is adequate and allows to maintain a correct balance between strategy and management

(question not applicable to the CEO and to the CFO)

20. Presentations provided in Board meetings by the Group's key-managers are clear, precise and effective, thus allowing Directors to form a clear opinion on the specific topics*

21. The Corporate Affairs function and the Board Secretary provide adequate support to the Board by ensuring effective and timely organisational and administrative guidance to the Directors.*

22. The Lead Independent Director is effective as a point of reference for Independent Directors and in coordinating the requests and contributions of both the Non-Executive and Independent Directors, as well as heading the meetings held solely for the Independent Directors

(question not applicable to the Lead Independent Director)

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Section 4/6

Internal Committees

23. Are you satisfied with the current establishment of no.3 Committees within the Board (Control and Risks Committee, Remunerations and Nominations Committee, Innovation and Sustainability Committee)?*

Yes No

If "No", please specify

24. The current composition of the Committees is appropriate, adequate and to be maintained in the future. Specifically*

Control and Risks