TotalEnergies Energy Outlook 2022

World Liquids demand Demand plateaus over the decade Liquids (oil + biofuels + e-fuels) demand by sector Mb/d Biofuels + e-fuels demand in transport Mb/d Te TotalEnergies 100 50 2019 2050 Momentum 2050 Rupture E-fuels in Transport Biofuels in Transport Transport Industry, Res&com... • Oil demand will plateau until 2030, before reaching 62 Mb/d in Momentum and 37 Mb/d in Rupture in 2050 Sustainable Liquid Fuels represent more than 40% of Transport liquids demand in Rupture (45% biofuels and 55% e-fuels) 32 | TotalEnergies Energy Outlook 2022 20 20 10 • . 2019 2050 Momentum 2050 Rupture Marine Aviation Road Decarbonization of Transport will rely on massive development of Sustainable Liquid Fuels (biofuels supplemented after 2030 by e-fuels) E-fuels being a key alternative for marine and aviation sectors will require significant deployment during this decade to meet long-term demand Rupture

View entire presentation