REG-TotalEnergies SE Capital Increase Reserved for Employees of TotalEnergies in 2024

TotalEnergies SEAnnouncement

06/06/2024 07:30

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Capital Increase Reserved for Employees of TotalEnergies in 2024

 

In accordance with its policy in favour of employee shareholding, the Board of
Directors of TotalEnergies SE (Paris:TTE) (LSE:TTE) (NYSE:TTE) decided, on
September 21, 2023, to carry out a capital increase reserved for eligible
employees and former employees of TotalEnergies 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 sixteenth
resolution at the Shareholders’ Meeting of May 26, 2023.

On April 25, 2024, the Chairman and CEO set (i) the subscription period from
April 29 to May 14, 2024 (included) and (ii) the subscription price at 46.90
euros per share, corresponding to the average of the closing prices of the
TotalEnergies share on Euronext over the twenty trading sessions preceding the
date of this decision, reduced by a 30% discount and rounded off to the
highest tenth of a euro.

At the end of this period, 63,662 employees in 96 countries, representing
55.3% of the eligible employees and former employees, subscribed to this
capital increase for an amount of 480.8 million euros. These results are
significantly on the rise compared to the last years in terms of participation
and amount subscribed.

“Employee share ownership is the best way to associate employees with the
economic performance of the company, strengthen their sense of belonging and
align the interests of employees and shareholders. TotalEnergies’ proactive
policy put the Company at the top of the ranking
(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.efesonline.org%2FAnnual%2520Economic%2520Survey%2F2023%2FSurvey%25202023.pdf&esheet=54032738&newsitemid=20240605413014&lan=en-US&anchor=top+of+the+ranking&index=1&md5=539e18cdddf07680ad513bde7b6b9941)
of European firms for employee shareholding, based on the amount of the share
capital held by its employees. Employees responded this year again en masse to
the capital increase reserved for them, investing nearly 500 million euros,
35% more than last year. It is a great success and a genuine pride for me
personally, since these figures demonstrate how strong the attachment of our
employees to their company is and how much they support the strategy that we
implement”, declared Patrick Pouyanné, Chairman and CEO of TotalEnergies.

As a result, 10,833,187 new shares will be issued on June 6, 2024. They will
carry immediate dividend rights and will be fully assimilated with
TotalEnergies shares already listed on Euronext.

Following this issuance, the employee shareholders in TotalEnergies SE’s
share capital, within the meaning of Article L. 225-102 of the French
Commercial Code, will represent 8,13% of the Company’s share capital as of
June 6, 2024.

____

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.

@TotalEnergies
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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.
TotalEnergies SE has no liability for the acts or omissions of these 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 Contacts

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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