TotalEnergies SE: Ordinary and Extraordinary Shareholders’ Meeting of May 25, 2022

Rhea-AI Summary

On May 25, 2022, TotalEnergies SE's Combined Shareholder's Meeting approved all resolutions proposed by the Board of Directors. Key decisions included the approval of 2021 financial statements, a €2.64 per share dividend, and the renewal of board members' terms. Notably, a sustainable development progress report received overwhelming support, with 89% of votes in favor, reinforcing the company's commitment to carbon neutrality by 2030. Auditing responsibilities were renewed for Ernst & Young, with PricewaterhouseCoopers joining as statutory auditors for the next six years.

Positive

• Shareholders approved the 2021 financial statements and a dividend of €2.64 per share.
• 89% of shareholders supported the Sustainability & Climate Progress Report 2022, indicating strong backing for the company's carbon neutrality goals.

Negative

• None.

Approval of resolutions approved by the Board of Directors

Say-on-Climate 2022 widely approved at 89%

PARIS--(BUSINESS WIRE)-- Regulatory News:

The Combined Shareholder’s Meeting of TotalEnergies SE (Paris:TTE) (LSE:TTE) (NYSE:TTE) was held on May 25, 2022, under the chairmanship of Mr. Patrick Pouyanné. The shareholders adopted all the resolutions approved by the Board of Directors, including:

• Approval of the 2021 financial statements and payment of the €2.64 per share dividend
• Renewal of the three-year terms as Director of Ms. Lise Croteau, Ms. Maria Van der Hoeven and Mr. Jean Lemierre
• Appointment for a three-year term of Ms. Emma de Jonge as a Director representing employee shareholders
• Approval of the components of the compensation paid during 2021 or allocated for that year and the compensation policy applicable in 2022 to the Chairman and Chief Executive Officer
• Renewal of Ernst & Young Audit and appointment of PricewaterhouseCoopers Audit as Statutory Auditors for a six-financial year period
• Various delegations of competence and financial authorizations granted to the Board of Directors

In addition, the Shareholder’s Meeting issued a favorable consultative opinion on the Sustainability & Climate - Progress Report 2022, reporting on the progress made in the implementation of the Corporation's ambition with respect to sustainable development and energy transition towards carbon neutrality and its related targets by 2030 and complementing this ambition. Shareholders voted in favor of the consultative resolution proposed by the Board of Directors by a large majority, with 89% of the votes cast, thus reinforcing the 2021 vote but also the strategy proposed by the Board of Directors.

The full results of the votes as well as the presentations made to shareholders will be available on May 31, 2022, on the totalenergies.com website.

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About TotalEnergies

TotalEnergies is a global multi-energy company that produces and markets energies on a global scale: oil and biofuels, natural gas and green gases, renewables and electricity. Our 105,000 employees are committed to energy that is ever more affordable, clean, reliable and accessible to as many people as possible. Active in more than 130 countries, TotalEnergies puts sustainable development in all its dimensions at the heart of its projects and operations to contribute to the well-being of people.

@TotalEnergies TotalEnergies TotalEnergies TotalEnergies

Cautionary Note

This press release, from which no legal consequences may be drawn, is for information purposes only. The entities in which TotalEnergies SE directly or indirectly owns investments are separate legal entities. TotalEnergies SE has no liability for their acts or omissions. The terms “Company” or “TotalEnergies company” refer collectively to the company TotalEnergies SE and the companies it controls directly or indirectly. Such terms are used solely for the sake of convenience for purposes of the present communication. Likewise, the words “we”, “us” and “our” may also be used to refer to subsidiaries in general or to those who work for them. This document may contain forward-looking information and statements that are based on a number of economic data and assumptions made in a given economic, competitive and regulatory environment. They may prove to be inaccurate in the future and are subject to a number of risk factors. Neither TotalEnergies SE nor any of its subsidiaries assumes any obligation to update publicly any forward-looking information or statement, objectives or trends contained in this document whether as a result of new information, future events or otherwise.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220525005587/en/

TotalEnergies Contacts

Media Relations: +33 1 47 44 46 99 l presse@totalenergies.com l @TotalEnergiesPR

Investor Relations: +33 (0)1 47 44 46 46 l ir@totalenergies.com

Source: TotalEnergies SE

FAQ

What resolutions were approved at TotalEnergies' Combined Shareholder's Meeting on May 25, 2022?

Shareholders approved the 2021 financial statements, €2.64 per share dividend, renewal of board members, and auditing responsibilities.

What was the shareholder approval percentage for the Sustainability & Climate Progress Report 2022?

The Sustainability & Climate Progress Report 2022 received 89% approval from shareholders.

Who were re-elected as directors at the May 25, 2022 meeting for TotalEnergies?

Lise Croteau, Maria Van der Hoeven, and Jean Lemierre were re-elected for three-year terms.

What dividend was declared by TotalEnergies for 2021?

TotalEnergies declared a dividend of €2.64 per share for the year 2021.

Who were appointed as statutory auditors for TotalEnergies for the next six years?

Ernst & Young were renewed as auditors, and PricewaterhouseCoopers was appointed as an additional statutory auditor.