February 2022 Results and Outlook slide image

February 2022 Results and Outlook

2021: execution and delivery La Mède biorefinery, France Resilient Downstream despite Covid Te TotalEnergies Downstream CFFO* B$ 6.6 4.7 5.5 Refining & Chemicals 7 Marketing & Services → Rough year for refining: adjusting utilization to low margins → Integration benefiting from dynamic polymer markets → M&S net cash flow +15% while implementing scope 3 selectivity on low margin sales -19% 2019 2020 2021 O 10 11 VCM ($/t) 35 TotalEnergies * Before working capital variation February 2022 - Results and Outlook 12
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