4% energy production growth per year until 2030 $10 billion free cash flow¹ growth from 2025 to 2030 at same price deck, equivalent to more than $4 per share < 10% gearing ratio anticipated by end of 2026 $2.5 billion in share buybacks in the fourth quarter of 2026 and between $2 and $2.5 billion share buybacks in the first quarter of 2027

Paris, 28 September 2026 – Patrick Pouyanné, Chairman and CEO of TotalEnergies, and the members of the Executive Committee, are presenting the Company's strategy and outlook today in New York. A live webcast of the event in English is available on totalenergies.com.

TotalEnergies confirms all its growth objectives by 2030:

+4% energy production (oil, gas and electricity) growth per year through 2030, while reducing emissions from its operations (50% reduction in Oil & Gas² Scope 1+2 emissions by 2030 versus 2015 and 80% reduction in methane emissions by 2030 or earlier versus 2020). > +3% Oil & Gas production growth on average per year between 2025 and 2030, thanks to the production start-ups of the rich portfolio of low-cost, low-emissionprojects, all currently under execution. > +20% electricity generation growth per year, reaching 100-120 TWh/y by 2030 representing around 20% of the Company's energy mix by then. Integrated Power will be free cash flow positive in 2027 (balanced in 2026)and will reach 12% ROACE by 2030.

This growth of cash accretive new productions will translate into a strong free cash flow increase of around $10 billion from 2025 to 2030 at same price deck, representing an increase of more than $4 per share.

TotalEnergies has also a very good visibility on its capacity to grow energy production beyond 2030:

In Oil & Gas, TotalEnergies already possesses a rich portfolio of organic projects (Namibia, Nigeria, Libya, Malaysia, Mozambique and Papua New Guinea) and a proven reserves life index of more than 12 years allowing the Company to maintain a production plateau of around 3 Mboe/d until 2035. This solid base allows TotalEnergies to set an ambition for 2-3% growth per year over the period 2030-2035 by leveraging its proven track record in exploration and accessing discovered resources. In electricity, TotalEnergies will aim to maintain its growth pace of net power generation of 10-12 TWh per year over 2030-2035, thanks to the deployment of its integrated model across its key deregulated markets, building on the capacity of its renewables' platform and pipeline and further developing flexible opportunities (gas-to-power, batteries) in the US and Europe. With this growth, electricity will represent 25% of the Company's energy mix by 2035.

To support this long-term growth, the Company is planning net investments between $14 billion and $17 billion per year over 2027-2032.

Confident in the Company's ability to deliver production and free cash flow growth by 2030, the Board of Directors adopted on 27^th September 2026 a dividend policy to increase the dividend by more than 5% per year for financial years 2026 to 2030. Furthermore, the Board confirms a shareholder return of at least 40% of cash flow while deleveraging the Company, with a gearing ratio lower than 10%.

In that framework, with a gearing ratio expected to be below 10% by end of 2026, the Board authorized share buybacks of $2.5 billion for the fourth quarter of 2026 and between $2 and $2.5 billion for the first quarter of 2027.

¹Free cash flow = CFFO – net investments – leases – third party cash flows
²Oil and Gas activities Upstream and Downstream, excluding CCGT