REG-TOTAL Capital Increase Reserved for Employees of the Total Group in 2021

TotalEnergies SEAnnouncement

26/05/2021 07:35

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Capital Increase Reserved for Employees of the Total Group in 2021

 

In accordance with its policy in favour of employee shareholding, the Board of
Directors of Total SE (Paris:FP) (LSE:TTA) (NYSE:TOT) decided, on September
16, 2020, to carry out a capital increase reserved for eligible employees and
former employees of Total SE and its French and foreign subsidiaries in which
the Company holds directly or indirectly more than 50% (in terms of capital or
voting rights), that are members of the PEG-A Group savings plan, in France
and abroad, under the conditions set by the twentieth resolution at the
Shareholders’ Meeting of May 29, 2020.

On April 28, 2021, the Chairman and CEO set (i) the subscription period from
April 30 to May 17, 2021 (included) and (ii) the subscription price at 30.50
euros per share, corresponding to the average of the closing prices of the
TOTAL share on Euronext Paris over the twenty trading sessions preceding the
date of this decision, reduced by a 20% discount and rounded off to the
highest tenth of a euro.

At the end of this period, 46,537 employees in 102 countries, representing
40.3% of the eligible employees and former employees, subscribed to this
capital increase for an amount of 316.5 million euros. These results are on
the rise compared to 2020 both in terms of participation rate and number of
subscriptions.

“This year again, Total’s employees have confirmed their attachment to the
Group by subscribing massively to the capital increase reserved for them. As
Chairman and CEO, I am proud of it and that comforts my conviction that the
employees fully support the transition of Total towards a broad energy
company, which will know how to tackle the challenges it faces,” declared
Patrick Pouyanné, Chairman and CEO of Total.

As a result, 10,589,713 new shares will be issued on June 9, 2021. They will
carry immediate dividend rights and will be fully assimilated with TOTAL
shares already listed on Euronext.

Following this issuance, the employee shareholders in Total SE’s share
capital, within the meaning of Article L. 225-102 of the French Commercial
Code, will represent 7.09% of the Company’s share capital as of June 9,
2021.

About Total

Total is a broad energy company that produces and markets fuels, natural gas
and electricity. Our 100,000 employees are committed to better energy that is
more affordable, more reliable, cleaner and accessible to as many people as
possible. Active in more than 130 countries, our ambition is to become the
responsible energy major.

Cautionary Note

This press release, from which no legal consequences may be drawn, is for
information purposes only. The entities in which TOTAL SE directly or
indirectly owns investments are separate legal entities. TOTAL SE has no
liability for their acts or omissions. In this document, the terms
“Total”, “Total Group” and Group are sometimes used for convenience.
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 TOTAL 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.

Total Contacts 

Media Relations: +33 1 47 44 46 99 l presse@total.com
(mailto:presse@total.com) l @TotalPress

Investor Relations: +44 (0)207 719 7962 l ir@total.com (mailto:ir@total.com)



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