TotalEnergies Energy Outlook 2022

The energy transition must be just Meeting the needs of growing populations in developing economies Changes in Non-OECD primary energy demand 2019-2050 (Momentum) PJ/d 3000 Mostly transition from inefficient traditional energy to modern energy including electricity TotalEnergies Changes in OECD* primary energy demand 2019-2050 (Momentum) PJ/d 2000 60% 1000 • • 71% 2019 Population GDP per capita Energy efficiency 2050 CAGRS: +0,8% +2,8% -2,6% +1,0% 37% High electrification and energy efficiency efforts 26% 2019 Population GDP per capita Energy efficiency 2050 CAGRS: +0,2% +1,6% -2,5% -0,7% Global energy demand growth of +0.4% p.a. from 2019 to 2050 reflects 2 opposite trends: non-OECD +1.0% p.a. and OECD -0.7% p.a. OECD countries need to support the clean transition in developing countries through financing and technology transfers 6 TotalEnergies Energy Outlook 2022 * Sum of OECD and non-OECD demands not equal to total demand as international transport (bunkers) not reallocated

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