February 2022 Results and Outlook slide image

February 2022 Results and Outlook

4Q21 cash flow fully capturing very favorable market environment Oil: EP** + Downstream CFFO* B$ Integrated LNG*** CFFO* B$ 6 3 > 7 B$ 4 Downstream Exploration & Production 4Q20 4Q21 Brent ($/b) 44 80 MCV ($/t) 4.6 16.7 NBP ($/Mbtu) 5.6 32.8 2021: execution and delivery 2 ~2.5x LNG prices ($/Mbtu) 4Q20 4.9 4Q21 13.1 Renewables & Electricity CFFO* B$ 0,5 1.5x 4Q20 4Q21 CFFO more than doubling to 9.4 B$ in 4Q21 from 4Q20 * before working capital variation **Including EP domestic gas *** EP LNG and midstream/trading/marketing gas and LNG re TotalEnergies February 2022 - Results and Outlook 7
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