REG-TotalEnergies SE TotalEnergies Ranks 1st in Employee Shareholder Ownership in Europe at over €11 billion of its Capital

TotalEnergies SEAnnouncement

26/04/2024 09:00

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TotalEnergies Ranks 1(st) in Employee Shareholder Ownership in Europe at over
€11 billion of its Capital

 

Employee shareholder ownership is the best way to associate the employees with
the Company’s transition strategy, and therefore it is at the heart of
TotalEnergies’ (Paris:TTE) (LSE:TTE) (NYSE:TTE) value sharing policy.
Therefore, on April 25, 2024, TotalEnergies’ Board of Directors has
validated several such initiatives, including:


 * The allocation of 100 TotalEnergies shares to each of the Company*’s 100,000
employees worldwide. This is the most important universal grant in the
Company’s history and is in honor of its 100-year anniversary. This
exceptional grant will be made to the Company’s employees on the date of the
definitive grant by the Board, for those present on March 28, 2024. These
shares will be definitively acquired by the employees present five years after
the grant date.


 * A capital increase reserved for employees and former employees for a €46.90
subscription price equal to the average of the closing price of TotalEnergies
shares on the Euronext over twenty consecutive trading sessions, with an
exceptional 30% discount (compared to 20% in 2023).


 * The performance share allocation plan, which is carried out annually.

TotalEnergies ranks #1 in employee shareholder ownership in Europe

TotalEnergies’ proactive policy puts the Company at the top of the ranking
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of European firms for employee shareholding, based on the amount of the share
capital held by its employees (source: European Federation of Employee Share
ownership).

By year-end 2023, over 65% of TotalEnergies’ employees were shareholders,
holding about €11 billion out of the Company’s €149 billion share
capital. Consequently, with 7.4% of the capital, TotalEnergies’ employees
represent the Company’s largest group of shareholders, receiving €525
million in dividends in 2023.

"Making every one of our 100,000 employees a TotalEnergies shareholder, with
an amount of such magnitude, is a unique initiative for a company of our size.
It demonstrates our commitment to employee shareholding, which is at the heart
of our value sharing policy", said Patrick Pouyanné, Chairman and CEO of
TotalEnergies.

***

About TotalEnergies

TotalEnergies is a global integrated 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 provide as many
people as possible with energy that is more reliable, more affordable and more
sustainable. Active in about 120 countries, TotalEnergies places
sustainability at the heart of its strategy, its projects and its operations.

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Cautionary Note

The terms “TotalEnergies”, “TotalEnergies company” and “Company*”
in this document are used to designate TotalEnergies SE and the companies in
which TotalEnergies SE holds more than 50% of the share capital and which are
directly or indirectly controlled by TotalEnergies SE or under a joint
control, with the exception of a limited number of companies co-managed with
other oil players, as well as those registered or incorporated in a country
under economic sanctions. 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).

TotalEnergies 

Media Relations: +33 (0)1 47 44 46 99 l presse@totalenergies.com
(mailto:presse@totalenergies.com) l @TotalEnergiesPR 
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Investor Relations: +33 (0)1 47 44 46 46 l ir@totalenergies.com
(mailto:ir@totalenergies.com)



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