TotalEnergies: Statement Concerning the War in Ukraine

Rhea-AI Summary

TotalEnergies (Paris:TTE) condemns Russia's military aggression against Ukraine, expressing solidarity with affected populations. The company will provide fuel to Ukrainian authorities and aid to refugees in Europe. TotalEnergies supports European sanctions and will cease funding new projects in Russia, indicating potential impacts on its operations there. The company's stance reflects a commitment to responsible business practices amidst geopolitical tensions.

Positive

• TotalEnergies is mobilizing resources to provide fuel and aid to Ukraine.
• The company supports European sanctions against Russia as a stance of corporate responsibility.

Negative

• TotalEnergies will no longer invest in new projects in Russia, which may affect future revenue from that region.
• The full impact of sanctions on TotalEnergies' activities in Russia is still being assessed.

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

TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) condemns Russia's military aggression against Ukraine, which has tragic consequences for the population and threatens Europe.

TotalEnergies expresses its solidarity with the Ukrainian people who are suffering the consequences and with the Russian people who will also suffer the consequences.

TotalEnergies is mobilized to provide fuel to the Ukrainian authorities and aid to Ukrainian refugees in Europe.

TotalEnergies supports the scope and strength of the sanctions put in place by Europe and will implement them regardless of the consequences (currently being assessed) on its activities in Russia.

TotalEnergies will no longer provide capital for new projects in Russia.

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About TotalEnergies
TotalEnergies is a global multi-energy company that produces and markets energies: oil and biofuels, natural gas and green gases, renewables and electricity. Our 105,000 employees are committed to energy that is ever more affordable, cleaner, more 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 I TotalEnergies I TotalEnergies I TotalEnergies

Cautionary Note
The terms “TotalEnergies”, “TotalEnergies company” or “Company” in this document are used to designate TotalEnergies SE and the consolidated entities that are directly or indirectly controlled by TotalEnergies SE. Likewise, the words “we”, “us” and “our” may also be used to refer to these entities or to their employees. The entities in which TotalEnergies SE directly or indirectly owns a shareholding are separate legal entities. 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. Information concerning risk factors, that may affect TotalEnergies’ financial results or activities is provided in the most recent Universal Registration Document, the French-language version of which is filed by TotalEnergies SE with the French securities regulator Autorité des Marchés Financiers (AMF), and in the Form 20-F filed with the United States Securities and Exchange Commission (SEC).

View source version on businesswire.com: https://www.businesswire.com/news/home/20220301005630/en/

TotalEnergies Contacts

Media Relations: +33 (0)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 is TotalEnergies' stance on Russia's actions in Ukraine?

TotalEnergies condemns Russia's military aggression and supports European sanctions.

How is TotalEnergies assisting Ukraine?

TotalEnergies is providing fuel to Ukrainian authorities and aid to Ukrainian refugees.

What impact will TotalEnergies' decision not to fund new projects in Russia have?

Ceasing new investments in Russia could impact TotalEnergies' revenue from that region.

What are the potential consequences of sanctions on TotalEnergies?

The company is currently assessing the consequences of sanctions on its operations in Russia.