News from the Wire

Eni, Nexi partner on digital payment services

Monday, February 06, 2023 — 12:11:08 (EST)

Milan, 6 February 2023 - Eni and Nexi announce they have signed an agreement for the development of innovative electronic and digital payment services for Eni and its companies in Italy and Europe.

The collaboration entails that Nexi will be Eni's primary partner in both evolving existing payment services, as well as defining and implementing new solutions to support the energy company's businesses, particularly Sustainable Mobility and Plenitude. To accomplish this goal, the companies will combine their best-in-class expertise in their respective markets.

This partnership will enable Eni to improve the customer experience for its clients and take advantage of future opportunities arising from the evolution of payment systems and relevant regulation at the European level.

In turn, Nexi will benefit from the opportunity to work with Eni to develop new business synergies and new solutions, as well as continuing to provide and enhance its digital payment services to the energy company.

ENDS

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ENI

Eni is an integrated energy company with more than 30,000 employees in 69 countries around the world. In 2020, the company launched a new strategy, further accelerated in the following years, that will enable it to reach the target of zero net emissions by 2050 and to provide a variety of fully decarbonized products, combining environmental and financial sustainability, focusing on the technological leadership that has been built up over years of research and innovation. Among the main levers for taking the path towards decarbonization are the merger of renewables, retail and e-mobility businesses into Plenitude and the recent incorporation of Eni Sustainable Mobility, the company into which bio-refining, biomethane, and the sale of mobility products and services have converged. To speed up the transition, these levers were complemented by the listings of Vår Energi and Energy One and the establishment of Azule, a joint venture with BP in Angola. In addition to the new business models, Eni's strategy is also based on the synergy with stakeholders and the development of proprietary and breakthrough technologies to meet the challenge of decarbonization. Eni aspires to contribute to the achievement of the Sustainable Development Goals (SDGs) of the United Nations 2030 Agenda, supporting a just energy transition that meets the challenge of climate change with concrete and economically sustainable solutions by promoting efficient and sustainable access to energy resources, for all.

Nexi

Nexi is Europe's PayTech company operating in high‐growth, attractive European markets and technologically advanced countries. Listed on Euronext Milan, Nexi has the scale, geographic reach and abilities to drive the transition to a cashless Europe. With its portfolio of innovative products, e‐commerce expertise and industry‐specific solutions, Nexi provides flexible support for the digital economy and the entire payment ecosystem globally, across a broad range of different payment channels and methods. Nexi’s technological platform and the best‐in‐class professional skills in the sector enable the company to operate at its best in three market segments: Merchant Services & Solutions, Cards & Digital Payments and Digital Banking & Corporate Solutions. Nexi constantly invests in technology and innovation, focusing on two fundamental principles: meeting, together with its partner banks, customer needs and creating new business opportunities for them. Nexi is committed to supporting people and businesses of all sizes, transforming the way people pay and businesses accept payments. It offers companies the most innovative and reliable solutions to better serve their customers and expand. By simplifying payments and enabling people and businesses to build closer relationships and grow together, Nexi promotes progress to benefit everyone. www.nexi.it www.nexigroup.com

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Source: Company press release.