In accordance with its policy in favour of employee shareholding, the Board of Directors of TotalEnergies SE decided, on September 15, 2021, to carry out a capital increase reserved for eligible employees and former employees of TotalEnergies SE and its French and foreign subsidiaries in which the Company holds directly or indirectly more than 50% (in terms of capital or voting rights), that are members of the PEG-A Group savings plan, in France and abroad, under the conditions set by the seventeenth resolution at the Shareholders’ Meeting of May 28, 2021.

On April 27, 2022, the Chairman and CEO set (i) the subscription period from April 29 to May 13, 2022 (included) and (ii) the subscription price at 37.00 euros per share, corresponding to the average of the closing prices of the TotalEnergies share on Euronext over the twenty trading sessions preceding the date of this decision, reduced by a 20% discount and rounded off to the highest tenth of a euro.

At the end of this period, 49,189 employees in 101 countries, representing 42.3% of the eligible employees and former employees, subscribed to this capital increase for an amount of 337.8 million euros. These results are on the rise compared to 2021 in terms of participation rate, number of subscriptions and amount subscribed.

“This year again, TotalEnergies’ employees have confirmed their attachment to the Company by subscribing massively to the capital increase reserved for them. As Chairman and CEO, I am proud of it and that comforts my conviction that the employees fully support the strategy of transforming TotalEnergies into a multi-energy company, which will contribute, with its stakeholders, to shaping the just transition to which our societies aspire.”, declared Patrick Pouyanné, Chairman and CEO of TotalEnergies.

As a result, 9 358 011 new shares will be issued on June 8, 2022. They will carry immediate dividend rights and will be fully assimilated with TotalEnergies shares already listed on Euronext.

Following this issuance, the employee shareholders in TotalEnergies SE’s share capital, within the meaning of Article L. 225-102 of the French Commercial Code, will represent 7.26% of the Company’s share capital as of June 8, 2022.