TotalEnergies Energy Outlook 2022

World Oil & Natural Gas Natural gas key for energy transition; oil starts decreasing after 2030 Natural gas demand by sector, excluding gas for Blue H₂ (Momentum) Bcm Oil demand by sector (Momentum) Mb/d Te TotalEnergies 5 000 2 500 • 2019 2030 2050 Other sectors* Transport Res&Com 100 50 Industry Power Gen Natural gas is a key transition fuel, growing by +0.2% p.a. to 2050, with a plateau from the 2030's • Natural gas to displace coal in Power and Industry • Gas use in transport remains mainly focused on Marine 14 | TotalEnergies Energy Outlook 2022 • • 2019 -2.3% p.a. Transport Industry Res&Com Other sectors* 2030 2050 Slight oil demand increase until early 2030 Decrease post-2030 slower than the natural decline of producing oil fields, requiring continued investment * Other energy use, non-energy use and agriculture... Momentum

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