The Italian Accounting Body (Organismo Italiano di Contabilità – OIC) has published its clarification response regarding the accounting treatment of decommissioning and restoration provisions. Specifically, its objective is to clarify how to account for costs incurred for site restoration.

The published response takes into account the comments received during the consultation phase and, in general, substantially confirms what was already outlined in the draft published in March 2026. Therefore, the OIC has clarified that:

• the decommissioning and restoration provision must be recognized against the tangible (or intangible) fixed asset at the time the obligation arises; and

• the environmental remediation provision must be recognized if the operation of the plant has caused environmental damage and the company is obligated to remedy it.

The published document is attached.