About Snam S.p.A.

Snam S.p.A. engages in the construction and integrated management of natural gas infrastructure in Europe. The company operates in Italy and through subsidiaries, Austria (Trans Austria Gasleitung GmbH (TAG)) and (Gas Connect Austria GmbH); France (TIGF Holding S.A.S.) and the United Kingdom (Interconnector UK Ltd). The company provides natural gas transportation, dispatching and storage services, as well as liquefied natural gas regasification services. The national gas transport network managed by the company is approximately 32,500 kilometres long with 9 storage fields and 1 regasification terminal. The operational activities cover the entire life cycle of the plants, from design to construction, management and maintenance during the operation phase, and safety and disposal of the same. The company also offers engineering and technical-operational services for gas operators in national and international markets. Segments The company operates through natural gas transportation (transportation); liquefied natural gas regasification (regasification); natural gas storage (storage) segments. Transportation: This segment’s activities are carried out by TAG, a company operating under Austrian law, and owns the gas pipeline that links the Slovakian-Austrian border to the Tarvisio entry point. Regasification: This segment’s activities are carried out by GNL Italia S.p.A. (GNL Italia). GNL Italia plays primary role in ensuring diversification and flexibility of supplies to the gas system. Storage: This segment’s activities are carried out by Stogit S.p.A. (Stogit). Stogit operates as a major storage operator in Italy, with a 97% share of total available storage capacity. It carries out its activity through an integrated system of infrastructures, composed of deposits, gas treatment plants, compression stations and dispatching operations. History The company was formerly known as Snam Rete Gas S.p.A. and changed its name to Snam S.p.A. in 2012.