September 2022 - Strategy and Outlook

Total Energies entering a new era: historic high cash generation and "zero" net debt Te TotalEnergies CFFO(1) B$ 50 40 40 30 20 10 10 Breakeven (3) $/boe Brent $/b 120 Gas surplus (2) 100 100 80 80 60 60 40 40 20 20 0 2004 2008 2012 2016 2020 2021 2x1H22 Excluding 2014 Russia Growing returns while transitioning 1. Before working capital variation 2. Gas surplus cash flow generated at NBP/TTF > 10 $/Mbtu 3. Pre-dividend organic cash breakeven < 25 $/boe Net debt B$ 30 20 10 0 End-2014 Mid-2022 September 2022 - Strategy and Outlook 12

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