REG-TotalEnergies SE France: Approved Wage Agreement for 2024, TotalEnergies Shares the Value With Its Employees Through a Global Envelope of 5% and a Bonus of at Least € 2,000

TotalEnergies SEAnnouncement

14/12/2023 11:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20231214:nBw3YVKCwa&default-theme=true


France: Approved Wage Agreement for 2024, TotalEnergies Shares the Value With
Its Employees Through a Global Envelope of 5% and a Bonus of at Least €
2,000

 

TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) has signed with the CFE-CGC,
CFDT and CAT trade unions a majority-approved (71%) wage agreement for 2024
applicable to employees covered by the Common Corpus of Employee Relations
Agreements (SSC) i.e., around 14,000 employees in France.

In particular, the agreement calls for:


 * A 5% salary increase for 2024 (of which 2% already implemented since July
2023).


 * A Value Sharing Bonus (PPV) equivalent to 75% of one month's salary. This
bonus, floored at €2,000 and capped at €4,000, will be paid before the end
of 2023.

"With this agreement, TotalEnergies is ensuring that the Company's excellent
results are shared with its employees. These new salary measures follow the
collective agreement, signed last month in France, on supporting our employees
in their own energy transition through an envelope of € 2,000 gross per
employee, dedicated to their mobility or housing." said Patrick Pouyanné,
Chairman and Chief Executive Officer of TotalEnergies.

TotalEnergies recommended that each affiliate in the world in which
TotalEnergies’ stake is greater than 50% enters into a dialogue with its
employees and their representative organizations in order to offer their
employees a bonus equivalent to 75% of one month's salary.

***

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 more than 100,000 employees are committed to energy that is
ever more affordable, more sustainable, more reliable and accessible to as
many people as possible. Active in nearly 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
(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Ftwitter.com%2FTotalEnergies&esheet=53871059&newsitemid=20231214467164&lan=en-US&anchor=%40TotalEnergies&index=1&md5=d784799cc569d9df5fd863c7a29f0cfc)
- TotalEnergies
(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Ftotalenergies%2F&esheet=53871059&newsitemid=20231214467164&lan=en-US&anchor=TotalEnergies&index=2&md5=2c4af69a3ce7413e44114e2c48d77a62)
- TotalEnergies
(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.facebook.com%2FTotalEnergiesFrance%2F&esheet=53871059&newsitemid=20231214467164&lan=en-US&anchor=TotalEnergies&index=3&md5=781dcd647b12d3c2ff289a24ad13e565)
- TotalEnergies
(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.instagram.com%2Ftotalenergies%2F&esheet=53871059&newsitemid=20231214467164&lan=en-US&anchor=TotalEnergies&index=4&md5=7127f9017977a54e6ef6b6559683b326)

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 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).

TotalEnergies 

Media Relations: +33 (0)1 47 44 46 99 l presse@totalenergies.com
(mailto:presse@totalenergies.com) l @TotalEnergiesPR 
(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Ftwitter.com%2FTotalEnergiesPR&esheet=53871059&newsitemid=20231214467164&lan=en-US&anchor=%40TotalEnergiesPR&index=5&md5=fe94280f32f7ff2615c96e42cb479b99)

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



View source version on businesswire.com:
https://www.businesswire.com/news/home/20231214467164/en/
(https://www.businesswire.com/news/home/20231214467164/en/)

TotalEnergies


Copyright Business Wire 2023