Snam Unveils Employee Stock Ownership Plan to Enhance Engagement and Shareholder Participation

Snam Unveils Employee Stock Ownership Plan to Enhance Engagement and Shareholder Participation

(IN BRIEF) Snam has launched “Noi Snam”, its first employee stock ownership plan, designed to engage employees and foster a sense of belonging. The plan will be available to all employees, with benefits such as matching shares and loyalty shares. Additionally, a financial education program and a roadshow will support employees in making informed decisions about their participation. This plan reflects Snam’s commitment to inclusivity, empowerment, and long-term sustainable growth.

(PRESS RELEASE) MILAN, 20-May-2025 — /EuropaWire/ — Snam has officially launched “Noi Snam”, its first Employee Stock Ownership Plan (ESOP), designed to deepen employee engagement and foster a stronger sense of belonging across the Group. This initiative, running from 2025 to 2027, will allow employees to invest in Snam and become shareholders, enabling them to directly share in the value created by the company over the long term.

The voluntary plan is open to all Snam employees — including blue-collar workers, white-collar employees, middle managers, and executives. The program spans three years, with two annual windows for share purchases, and is designed to enhance employee responsibility while encouraging active participation in the company’s success.

As part of the plan, employees can purchase Snam shares either through personal funds or by converting their company performance bonuses. Participants will benefit from free matching shares at the time of purchase, and those who hold their shares for an additional three years will receive loyalty shares. Employees joining the plan will also enjoy full shareholder rights, including voting and dividend rights.

One of the most significant features of “Noi Snam” is the inclusion of special benefits for blue-collar workers, white-collar employees, and middle managers, who will receive 25 welcome shares upon initial enrollment. This aims to empower employees and further connect them to Snam’s future.

Alessandro Zehentner, Chairman of Snam, commented, “With ‘Noi Snam’, we aim to strengthen the bond of trust between the company and our people, recognizing that human capital is essential to our growth. Employee stock ownership is a powerful tool for inclusion and empowerment, and we are proud to launch it with a modern, participatory approach.”

The “Noi Snam” plan aligns with the Group’s growth trajectory. In 2024, Snam recorded investments totaling €2.9 billion (+31% compared to 2023), a 13.9% increase in adjusted EBITDA, and a 10.4% rise in adjusted net profit, surpassing market expectations. The upcoming 2025–2029 Strategic Plan anticipates investments of €12.4 billion, marking the most ambitious period in Snam’s history.

To support employees in making informed decisions, Snam is also launching a financial education program accessible through the company intranet. The program, which will run through 2026, aims to offer tailored insights to meet employees’ needs. Additionally, a 15-stop roadshow will visit Snam’s operational areas to provide clarity and address questions in an open, transparent manner.

For more information on the “Noi Snam” initiative, visit the official page here.

Media Contact:

Press Office:
ufficio.stampa@snam.it

Investor Relations:
investor.relations@snam.it

SOURCE: Snam