TotalEnergies Energy Outlook 2022

Electrification of Light Duty Vehicles Widespread penetration in China and NZ 2050 countries Light Duty Vehicles* final consumption (Momentum) PJ/d Light Duty Vehicles fleet (Momentum) Billion TotalEnergies 150 100 50 2019 2030 2050 4 3 H2-based** Electricity 2 Biofuels & Biogas Natural gas Oil • LDV: 47% of 2019 transport final energy demand and CO2 emissions • Electricity confirmed as the primary decarbonization driver • • - ~ 5 PJd/~ 1 Mbd oil displaced in 2021, mainly for 2-3 wheelers Supplying the additional power required for mobility will require significant infrastructure investments 10 TotalEnergies Energy Outlook 2022 * ** 1 Electricity + H₂-based 2015 2020 2025 2030 2035 2040 2045 2050 • Massive Electric Vehicles (EV) penetration supported by Internal Combustion Engine sales ban in 2035 in Europe and part of the US, together with ambitious EV targets in China By 2050, 100% of fleet converted to electricity or H2-based fuels in Net-Zero countries, and ~ 55% elsewhere (China ~90%) LDV = Light Vehicles (Passenger cars + Light Commercial Vehicles) + 2-3 wheelers Includes H2, e-fuels (H2 + CO2) Momentum

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