EX-99.15 16 tm2328939d2_ex99-15.htm EXHIBIT 99.15
Exhibit 99.15

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PRESS RELEASE Third Quarter 2023 results TotalEnergies once again demonstrates the relevance of its strategy, fully leveraging supportive energy prices with increasing adjusted net income of 6.5 B$ and cash flow of 9.3 B$ 1 Paris, October 26, 2023 – The Board of Directors of TotalEnergies SE, chaired by CEO Patrick Pouyanné, met on October 25, 2023, to approve the third quarter 2023 financial statements. On the occasion, Patrick Pouyanné said: “While implementing its balanced transition strategy that combines Oil & Gas and Integrated Power, TotalEnergies demonstrates once again this quarter its ability to leverage a supportive price environment, generating adjusted net income of $6.5 billion and return on average capital employed of over 20%. Cash flow from operations (CFFO) increased to $9.3 billion in the third quarter and totaled $27.4 billion in the first nine months of 2023. In the Oil & Gas business, production at nearly 2.5 Mboe/d is up 5% year-on-year, thanks to the start-up of several oil projects in Brazil (Mero 1), Nigeria (Ikike) and Iraq (Ratawi) and gas projects in Oman (Block 10) and Azerbaijan (Absheron). During the quarter, confirmation of exploration successes in Suriname and Namibia opened the way to new oil developments contributing to future cash flow growth. Exploration & Production delivered a strong quarter, with adjusted net operating income and cash flow both increasing by $0.8 billion quarter-to-quarter to $3.1 billion and $5.2 billion, respectively. Integrated LNG confirms the robustness of its global integrated portfolio, with adjusted net operating income of $1.3 billion and cash flow of $1.6 billion. Downstream adjusted net operating income and cash flow increased sequentially to $1.8 billion and $2.2 billion, respectively, due to good availability of European refining assets. This quarter again demonstrates the relevance of TotalEnergies’ profitable transition strategy. For the first time, Integrated Power adjusted net operating income and cash flow both exceed $500 million. Year-to-date cash flow at the end of the third quarter is close to $1.5 billion, in line with Integrated Power’s objective to generate around $2 billion of cash flow in 2023. TotalEnergies commissioned its 1 GW Seagreen offshore wind farm, which was delivered within budget, and its 380 MW Myrtle Solar project in the US, which includes battery storage, and acquired 100% of Total Eren. Based on the strength of both these results, the Board of Directors decided the distribution of the third interim dividend for the 2023 financial year in the amount of €0.74/share, up 7.25% year-on-year. Additionally, the Company is executing a $9 billion share buyback program in 2023, as announced on September 27. Year-to-date shareholder distribution is close to 43% at the end of September, in line with the recently increased annual guidance of more than 40%.” (1) Refer to Glossary page 23 & 24 for the definitions and further information on alternative performance measures (Non-GAAP measures) and to pages 19 and following for reconciliation tables. 3Q23 Change vs 2Q23 9M23 Change vs 9M22 Net income (TotalEnergies share) (B$) 6.7 +63% 16.3 -5% Adjusted net income (TotalEnergies share)(1) - in billions of dollars (B$) 6.5 +30% 18.0 -37% - in dollars per share 2.63 +32% 7.24 -34% Adjusted EBITDA(1) (B$) 13.1 +18% 38.3 -31% Cash flow from operations excluding working capital (CFFO)(1) (B$) 9.3 +10% 27.4 -25% Cash flow from operating activities (B$) 9.5 -4% 24.5 -41% Gearing(1) of 12.3% at September 30, 2023 vs.11.1% at June 30, 2023 Third 2023 interim dividend set at 0.74 €/share 1

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1. Highlights(2)1 Multi-energy strategy Launch of GGIP in Iraq: effective entry in the producing Ratawi field on August 16, 2023 Partnership with SONATRACH to increase the production of the Tin Fouyé Tabankort fields, extend to 2024 2 Mt/y of LNG deliveries in France, and develop renewable energy projects in Algeria Partnership with Petrobras and Casa dos Ventos in renewable energies in Brazil Upstream Production start-up of Absheron gas and condensate field, in Azerbaijan Acquisition of an interest in the Cash-Maple gas discoveries, in Australia, to ensure long-term supply of Ichthys LNG Launch of development studies of a 200,000 b/d oil project in Block 58 in Suriname with targeted FID at the end of 2024 Closing of the sale of Surmont to ConocoPhillips for up to $3.3 billion and disposal of other Canadian assets to Suncor for around $1.1 billion Sale to Petronas of a 40% interest in Block 20 in Angola Sale to ADNOC of a 15% interest in Absheron field in Azerbaijan Downstream Start-up of a new polyethylene unit on the Baystar plant, in the US Integrated LNG Signature of 27-year LNG offtake contracts with QatarEnergy LNG for 3.5 Mtpa Launch of the Rio Grande LNG project, in Texas: acquisition of a 16.67% stake in the JV in charge of developing the 17.5 Mt/y project, acquisition of a 17.5% stake in NextDecade, and signature of a 5.4 Mt/y offtake agreement for 20 years Integrated Power Commissioning of Myrtle Solar in the US, first large solar farm including battery storage Signature with Saint-Gobain of a Power Purchase Agreement over 15 years, in the US Commissioning of Seagreen in Scotland, the first offshore windfarm of the Company Partial farm downs to Corio Generation and Rise Light & Power in a 3 GW wind project offshore New York and New Jersey, in the US Agreement with European Energy to develop more than 4 GW of onshore renewable projects Acquisition of a 50% interest in Rönesans Enerji to develop renewable projects in Turkey Investment with AGEL in a joint venture in India with more than 1,400 MW of renewable assets Award of a contract for the installation and operation of 1,100 EV HPC points in Germany Low carbon molecules Agreement with Air Liquide for the supply of green and low carbon hydrogen to the Normandy platform Call for tenders launch for the supply of 500,000 t/y of green hydrogen to decarbonize TotalEnergies’ European refining Acquisition of an interest in a CO2 storage exploration license, in Norway Circular economy: first conversion of plastic waste derived oil into certified circular polymers, in Saudi Arabia, and FID of a new mechanical recycling unit for plastic waste at Grandpuits biorefinery, in France (2) Some of the transactions mentioned in the highlights remain subject to the agreement of the authorities or to the fulfilment of conditions precedent under the terms of the agreements. 2

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2. Key figures from TotalEnergies’ consolidated financial statements(1) (1) (2) (3) Effective tax rate = (tax on adjusted net operating income) / (adjusted net operating income – income from equity affiliates – dividends received from investments – impairment of goodwill + tax on adjusted net operating income). (4) In accordance with IFRS rules, adjusted fully-diluted earnings per share is calculated from the adjusted net income less the interest on the perpetual subordinated bonds. (5) Average €-$ exchange rate: 1.0884 in the third quarter 2023, 1.0833 in the first nine months of 2023. 3Q23 2Q23 3Q22 3Q23 vs 3Q22 In millions of dollars, except effective tax rate, earnings per share and number of shares 9M23 9M22 9M23 vs 9M22 13,062 11,105 19,420 -33% Adjusted EBITDA (1) 38,334 55,581 -31% 6,808 5,582 10,279 -34% Adjusted net operating income from business segments 19,383 30,237 -36% 3,138 2,349 4,217 -26% Exploration & Production 8,140 13,951 -42% 1,342 1,330 3,413 -61% Integrated LNG 4,744 8,761 -46% 506 450 236 x2.1 Integrated Power 1,326 494 x2.7 1,399 1,004 1,935 -28% Refining & Chemicals 4,021 5,815 -31% 423 449 478 -12% Marketing & Services 1,152 1,216 -5% 662 662 2,576 -74% Contribution of equity affiliates to adjusted net income 2,403 6,381 -62% 33.4% 37.3% 44.1% Effective tax rate (3) 37.5% 40.8% 6,453 4,956 9,863 -35% Adjusted net income (TotalEnergies share) (1) 17,950 28,636 -37% 2.63 1.99 3.83 -31% Adjusted fully-diluted earnings per share (dollars) (4) 7.24 10.96 -34% 2.41 1.84 3.78 -36% Adjusted fully-diluted earnings per share (euros) (5) 6.68 10.31 -35% 2,423 2,448 2,560 -5% Fully-diluted weighted-average shares (millions) 2,448 2,589 -5% 6,676 4,088 6,626 +1% Net income (TotalEnergies share) 16,321 17,262 -5% 4,283 4,271 3,116 +37% Organic investments (1) 11,987 7,916 +51% 808 320 1,587 -49% Net acquisitions (1) 4,115 4,585 -10% 5,091 4,591 4,703 +8% Net investments (1) 16,102 12,501 +29% 9,340 8,485 11,736 -20% Cash flow from operations excluding working capital (CFFO) (1) 27,446 36,595 -25% 9,551 8,596 12,040 -21% Debt Adjusted Cash Flow (DACF) (1) 27,922 37,665 -26% 9,496 9,900 17,848 -47% Cash flow from operating activities 24,529 41,749 -41% 3

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3. Key figures of environment, greenhouse gas emissions and production 3.1 Environment – liquids and gas price realizations, refining margins 3.2 Greenhouse gas emissions (11) 1(2 Estimated 3Q23 and 2Q23 emissions. Scope 1+2 emissions from operated installations were down 18% year-on-year in the third quarter 2023, thanks to the continuous decline in flaring emissions on Exploration & Production facilities and the decrease in the use of gas-fired power plants in Europe. Estimated 3Q23 and 2Q23 emissions. 1 (6) Does not include oil, gas and LNG trading activities, respectively. (7) Sales in $ / Sales in volume for consolidated affiliates. (8) Sales in $ / Sales in volume for consolidated affiliates. (9) Sales in $ / Sales in volume for consolidated and equity affiliates. (10) This indicator represents the average margin on variable costs realized by TotalEnergies’ European refining business (equal to the difference between the sales of refined products realized by TotalEnergies’ European refining and the crude purchases as well as associated variable costs, divided by refinery throughput in tons). (11) The six greenhouse gases in the Kyoto protocol, namely CO2, CH4, N2O, HFCs, PFCs and SF6, with their respective GWP (Global Warming Potential) as described in the 2007 IPCC report. HFCs, PFCs and SF6 are virtually absent from the Company’s emissions or are considered as non-material and are therefore not counted. (12) Scope 1+2 GHG emissions of operated facilities are defined as the sum of direct emissions of greenhouse gases from sites or activities that are included in the scope of reporting (as defined in the Company’s 2022 Universal Registration Document) and indirect emissions attributable to brought-in energy (electricity, heat, steam), excluding purchased industrial gases (H2). (13) TotalEnergies reports Scope 3 GHG emissions, category 11, which correspond to indirect GHG emissions related to the use by customers of energy products, i.e., combustion of the products to obtain energy. The Company follows the oil & gas industry reporting guidelines published by IPIECA, which comply with the GHG Protocol methodologies. In order to avoid double counting, this methodology accounts for the largest volume in the oil, biofuels and gas value chains, i.e., the higher of the two production volumes or sales to end customers. The highest point for each value chain for 2023 will be evaluated considering realizations over the full year, TotalEnergies gradually providing quarterly estimates. 3Q23 2Q23 3Q22 3Q23 vs 3Q22 9M23 9M22 9M23 vs 9M22 86.7 78.1 100.8 -14% Brent ($/b) 82.1 105.5 -22% 2.7 2.3 7.9 -66% Henry Hub ($/Mbtu) 2.6 6.7 -61% 10.6 10.5 42.5 -75% NBP ($/Mbtu) 12.4 32.4 -62% 12.5 10.9 46.5 -73% JKM ($/Mbtu) 13.3 34.9 -62% 78.9 72.0 93.6 -16% Average price of liquids (6),(7) ($/b) Consolidated subsidiaries 74.9 95.4 -22% 5.47 5.98 16.83 -67% Average price of gas (6),(8) ($/Mbtu) Consolidated subsidiaries 6.80 13.28 -49% 9.56 9.84 21.51 -56% Average price of LNG (6),(9) ($/Mbtu) Consolidated subsidiaries and equity affiliates 10.92 16.26 -33% 95.1 42.7 99.3 -4% Variable cost margin - Refining Europe, VCM (6),(10) ($/t) 75.9 100.3 -24% 3Q23 2Q23 3Q22 3Q23 vs 3Q22 Scope 1+2 emissions (MtCO2e) 9M23 9M22 9M23 vs 9M22 8.5 9.1 10.3 -18% Scope 1+2 from operated facilities (12) 26.6 29.6 -10% 7.5 7.9 8.2 -9% of which Oil & Gas 23.1 24.2 -5% 1.0 1.1 2.1 -54% of which CCGT 3.6 5.4 -33% 12.1 12.5 14.0 -14% Scope 1+2 - equity share 37.4 41.4 -10% 3Q23 2Q23 3Q22 3Q23 vs 3Q22 Methane emissions (ktCH4 ) 9M23 9M22 9M23 vs 9M22 7 8 10 -30% Methane emissions from operated facilities 25 31 -19% 9 10 14 -32% Methane emissions - equity share 30 38 -21% Scope 3 emissions (MtCO2e) 9M23 2022 Scope 3 from Oil, Biofuels and Gas Worldwide (13) est. 270 389 4

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3.3 Production(14)1 Hydrocarbon production was 2,476 thousand barrels of oil equivalent per day (kboe/d) in the third quarter 2023, up 5% year-on-year (excluding Novatek) and comprised of: +5% due to start-ups and ramp-ups, including Absheron in Azerbaijan, Johan Sverdrup Phase 2 in Norway, Mero 1 in Brazil, Ikike in Nigeria and Bloc 10 in Oman +2% due to a decrease of planned maintenance, notably on Ichthys in Australia and lower unplanned outages, notably at the Kashagan field in Kazakhstan +1% due to improved security conditions in Nigeria and Libya -3% due to natural field declines Between the third quarters of 2022 and 2023, portfolio additions, such as entry into SARB Umm Lulu in the United Arab Emirates, the Ratawi field in Iraq and the increase in interest in Waha concessions in Libya, offset negative portfolio changes such as the end of the Bongkot operating licenses in Thailand and the exit from Termokarstovoye in Russia. (14) Company production = E&P production + Integrated LNG production. 3Q23 2Q23 3Q22 3Q23 vs 3Q22 Hydrocarbon production 9M23 9M22 9M23 vs 9M22 2,476 2,471 2,669 -7% Hydrocarbon production (kboe/d) 2,490 2,750 -9% 1,399 1,416 1,298 +8% Oil (including bitumen) (kb/d) 1,404 1,291 +9% 1,077 1,055 1,371 -21% Gas (including condensates and associated NGL) (kboe/d) 1,086 1,459 -26% 2,476 2,471 2,669 -7% Hydrocarbon production (kboe/d) 2,490 2,750 -9% 1,561 1,571 1,494 +4% Liquids (kb/d) 1,565 1,501 +4% 4,921 4,845 6,367 -23% Gas (Mcf/d) 4,985 6,785 -27% 2,476 2,471 2,356 +5% Hydrocarbon production excluding Novatek (kboe/d) 2,490 2,425 +3% 5

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4. Analysis of business segments 4.1 Exploration & Production 4.1.1 Production 4.1.2 Results 12 Exploration & Production adjusted net operating income was $3,138 million in the third quarter 2023 up 34% quarter-to-quarter, primarily driven by higher oil prices and a lower effective tax rate due to the North Sea, which carries higher tax rates, comprising a lower percentage of the overall portfolio mix. Cash flow from operations excluding working capital (CFFO) was $5,165 million in the third quarter 2023, up 18% quarter-to-quarter, for the same reasons. (15) Effective tax rate = (tax on adjusted net operating income) / (adjusted net operating income – income from equity affiliates – dividends received from investments – impairment of goodwill + tax on adjusted net operating income). 3Q23 2Q23 3Q22 3Q23 vs 3Q22 Hydrocarbon production 9M23 9M22 9M23 vs 9M22 2,043 2,033 2,251 -9% EP (kboe/d) 2,045 2,292 -11% 1,507 1,512 1,454 +4% Liquids (kb/d) 1,506 1,450 +4% 2,865 2,778 4,300 -33% Gas (Mcf/d) 2,885 4,569 -37% 2,043 2,033 1,988 +3% EP excluding Novatek (kboe/d) 2,045 2,023 1.1% 3Q23 2Q23 3Q22 3Q23 vs 3Q22 In millions of dollars, except effective tax rate 9M23 9M22 9M23 vs 9M22 3,138 2,349 4,217 -26% Adjusted net operating income 8,140 13,951 -42% 125 149 377 -67% including adjusted income from equity affiliates 409 1,019 -60% 44.6% 49.7% 55.4% Effective tax rate (15) 50.7% 49.9% 2,557 2,424 1,989 +29% Organic investments (1) 7,115 5,288 +35% (514) 176 (126) ns Net acquisitions (1) 1,600 2,415 -34% 2,043 2,600 1,863 +10% Net investments (1) 8,715 7,703 +13% 5,165 4,364 6,406 -19% Cash flow from operations excluding working capital (CFFO) (1) 14,436 21,092 -32% 4,240 4,047 9,083 -53% Cash flow from operating activities 12,823 23,619 -46% 6

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4.2 Integrated LNG 4.2.1 Production * The Company’s equity production may be sold by TotalEnergies or by the joint ventures. Hydrocarbon production for LNG (excluding Novatek) stabilized quarter-to-quarter and was up by 18% year-on-year mainly due to a planned maintenance impacting production at Ichthys field in the third quarter 2022. In the third quarter 2023, LNG sales stabilized year-on-year and decreased quarter-to-quarter, due to the decrease in spot traded volumes in a less volatile environment. 4.2.2 Results 1 Integrated LNG adjusted net operating income was $1,342 million in the third quarter 2023, down 53% year-on-year (excluding Novatek), mainly due to lower LNG prices, as well as exceptional trading results in the third quarter 2022, partially offset by higher production. Cash flow from operations excluding working capital (CFFO) for Integrated LNG was $1,648 million in the third quarter 2023, down 34% year-on-year (excluding Novatek), mainly due to lower LNG prices, partially offset by the high margins captured in 2022 on LNG cargoes to be delivered in 2023. 3Q23 2Q23 3Q22 3Q23 vs 3Q22 Hydrocarbon production for LNG 9M23 9M22 9M23 vs 9M22 433 438 418 +4% Integrated LNG (kboe/d) 445 458 -3% 54 59 40 +37% Liquids (kb/d) 59 51 +15% 2,056 2,067 2,067 -1% Gas (Mcf/d) 2,100 2,216 -5% 433 438 368 +18% Integrated LNG excluding Novatek (kboe/d) 445 402 +11% 3Q23 2Q23 3Q22 3Q23 vs 3Q22 Liquefied Natural Gas in Mt 9M23 9M22 9M23 vs 9M22 10.5 11.0 10.4 - Overall LNG sales 32.5 35.4 -8% 3.7 3.6 4.0 -9% incl. Sales from equity production* 11.2 12.6 -11% 9.4 10.0 9.2 +2% incl. Sales by TotalEnergies from equity production and third party purchases 29.3 31.4 -7% 3Q23 2Q23 3Q22 3Q23 vs 3Q22 In millions of dollars 9M23 9M22 9M23 vs 9M22 1,342 1,330 3,413 -61% Adjusted net operating income 4,744 8,761 -46% 385 432 1,828 -79% including adjusted income from equity affiliates 1,603 4,424 -64% 495 382 213 x2.3 Organic investments (1) 1,273 324 x3.9 84 205 (10) ns Net acquisitions (1) 1,048 (66) ns 579 587 203 x2.9 Net investments (1) 2,321 258 x9 1,648 1,801 2,492 -34% Cash flow from operations excluding working capital (CFFO) (1) 5,530 7,096 -22% 872 1,332 3,449 -75% Cash flow from operating activities 5,740 9,470 -39% 7

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4.3 Integrated Power 4.3.1 Capacities, productions, clients and sales * Solar, wind, hydroelectric and combined-cycle gas turbine (CCGT) plants. ** End of period data. *** Includes 20% of Adani Green Energy Ltd’s gross capacity effective first quarter 2021, 50% of Clearway Energy Group’s gross capacity effective third quarter 2022 and 49% of Casa dos Ventos’ gross capacity effective first quarter 2023. Net power production was 8.9 TWh in the third quarter 2023, up 7% quarter-to-quarter, due to growing power generation from renewables following the integration at 100% of Total Eren and the start-up of Myrtle Solar and Danish Fields in the US. Gross installed renewable power generation capacity reached more than 20 GW at the end of the third quarter 2023, up by more than 1 GW quarter-to-quarter, including 0.5 GW installed in the US (Myrtle Solar, Danish) and the connection of 0.3 GW from the Seagreen offshore wind project in the UK. 4.3.2 Results 1 Integrated Power adjusted net operating income was $506 million and cash flow from operations excluding working capital (CFFO) was $516 million in the third quarter 2023, up 12% and 5% respectively quarter-to-quarter, due to the growth in power generation from renewables and the performance of its profitable Integrated Power model. Cash flow from operating activities is $1,936 million in the third quarter 2023, due to the positive impact on working capital of the seasonality in the gas and power marketing business. 3Q23 2Q23 3Q22 3Q23 vs 3Q22 Integrated Power 9M23 9M22 9M23 vs 9M22 8.9 8.2 8.5 +4% Net power production (TWh) * 25.5 23.7 +7% 5.4 4.2 2.4 x2.3 o/w power production from renewables 13.5 7.1 +90% 3.5 4.0 6.1 -43% o/w CCGT 12.0 16.6 -28% 15.9 13.2 11.7 +36% Portfolio of power generation net installed capacity (GW) ** 15.9 11.7 +36% 11.6 8.9 7.4 +57% o/w renewables 11.6 7.4 +57% 4.3 4.3 4.3 - o/w CCGT 4.3 4.3 - 80.5 74.7 67.8 +19% Portfolio of renewable power generation gross capacity (GW) **,*** 80.5 67.8 +19% 20.2 19.0 16.0 +26% o/w installed capacity 20.2 16.0 +26% 6.0 6.0 6.3 -5% Clients power - BtB and BtC (Million) ** 6.0 6.3 -5% 2.8 2.8 2.8 - Clients gas - BtB and BtC (Million) ** 2.8 2.8 - 11.2 11.5 12.1 -7% Sales power - BtB and BtC (TWh) 38.2 40.7 -6% 13.8 19.2 14.2 -2% Sales gas - BtB and BtC (TWh) 70.2 68.3 +3% 3Q23 2Q23 3Q22 3Q23 vs 3Q22 In millions of dollars 9M23 9M22 9M23 vs 9M22 506 450 236 x2.1 Adjusted net operating income 1,326 494 x2.7 37 23 60 -38% including adjusted income from equity affiliates 116 113 +3% 578 753 440 +31% Organic investments (1) 1,908 929 x2.1 1,354 (42) 1,728 -22% Net acquisitions (1) 1,831 2,367 -23% 1,932 711 2,168 -11% Net investments (1) 3,739 3,296 +13% 516 491 191 x2.7 Cash flow from operations excluding working capital (CFFO) (1) 1,447 532 x2.7 1,936 2,284 941 x2.1 Cash flow from operating activities 2,935 (795) ns 8

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4.4 Downstream (Refining & Chemicals and Marketing & Services) 4.4.1 Results 1 4.5 Refining & Chemicals 4.5.1 Refinery and petrochemicals throughput and utilization rates * Includes refineries in Africa reported in the Marketing & Services segment. ** Based on distillation capacity at the beginning of the year. * Olefins. ** Based on olefins production from steam crackers and their treatment capacity at the start of the year. Refining throughput was down 7% year-on-year in the third quarter 2023, notably due to planned maintenance and unplanned shutdowns at the Port Arthur refinery in the US and the Antwerp refinery in Belgium, despite an increase in refinery throughput in France. The utilization rate on processed crude increased sequentially over the quarter to 84% thanks to higher availability of French refining. 3Q23 2Q23 3Q22 3Q23 vs 3Q22 In millions of dollars 9M23 9M22 9M23 vs 9M22 1,822 1,453 2,413 -24% Adjusted net operating income 5,173 7,031 -26% 625 686 453 +38% Organic investments (1) 1,601 1,332 +20% (115) (19) (6) ns Net acquisitions (1) (363) (131) ns 510 667 447 +14% Net investments (1) 1,238 1,201 +3% 2,205 2,085 2,944 -25% Cash flow from operations excluding working capital (CFFO) (1) 6,479 8,388 -23% 2,266 2,588 4,737 -52% Cash flow from operating activities 3,330 10,848 -69% 3Q23 2Q23 3Q22 3Q23 vs 3Q22 Refinery throughput and utilization rate* 9M23 9M22 9M23 vs 9M22 1,489 1,472 1,599 -7% Total refinery throughput (kb/d) 1,456 1,497 -3% 489 364 431 +14% France 404 359 +12% 589 601 656 -10% Rest of Europe 596 637 -6% 410 507 512 -20% Rest of world 456 501 -9% 84% 82% 88% Utilization rate based on crude only** 81% 84% 3Q23 2Q23 3Q22 3Q23 vs 3Q22 Petrochemicals production and utilization rate 9M23 9M22 9M23 vs 9M22 1,330 1,157 1,299 +2% Monomers* (kt) 3,782 3,910 -3% 1,070 963 1,171 -9% Polymers (kt) 3,145 3,632 -13% 75% 67% 80% Steamcracker utilization rate** 72% 79% 9

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4.5.2 Results 1 Refining & Chemicals adjusted net operating income was $1,399 million in the third quarter 2023, up 39% quarter-to-quarter, reflecting higher refining margins in Europe and a higher utilization rate. Cash flow from operations excluding working capital (CFFO) was $1,618 million in the third quarter 2023, up 22% quarter-to-quarter for the same reasons. 3Q23 2Q23 3Q22 3Q23 vs 3Q22 In millions of dollars 9M23 9M22 9M23 vs 9M22 1,399 1,004 1,935 -28% Adjusted net operating income 4,021 5,815 -31% 386 454 224 +72% Organic investments (1) 1,038 735 +41% (97) (15) 1 ns Net acquisitions (1) (107) (33) ns 289 439 225 +28% Net investments (1) 931 702 +33% 1,618 1,329 2,164 -25% Cash flow from operations excluding working capital (CFFO) (1) 4,680 6,560 -29% 2,060 1,923 3,798 -46% Cash flow from operating activities 3,132 8,431 -63% 10

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4.6 Marketing & Services 4.6.1 Petroleum product sales * Excludes trading and bulk refining sales. Sales of petroleum products were down year-on-year by 6% in the third quarter due to the portfolio effect linked to the disposal of 50% of the fuel distribution business in Egypt, partially offset by the recovery in the aviation business. 4.6.2 Results 1 Marketing & Services adjusted net operating income was $423 million in the third quarter 2023, down 12% year-on-year, due to lower sales. Cash flow from operations excluding working capital (CFFO) decreased by 25% year-on-year to $587 million in the third quarter 2023, negatively impacted by the tax effect of higher prices on the valuation of petroleum product inventories. 3Q23 2Q23 3Q22 3Q23 vs 3Q22 Sales in kb/d* 9M23 9M22 9M23 vs 9M22 1,399 1,397 1,495 -6% Total Marketing & Services sales 1,386 1,475 -6% 792 799 873 -9% Europe 783 827 -5% 608 598 622 -2% Rest of world 603 648 -7% 3Q23 2Q23 3Q22 3Q23 vs 3Q22 In millions of dollars 9M23 9M22 9M23 vs 9M22 423 449 478 -12% Adjusted net operating income 1,152 1,216 -5% 239 232 229 +4% Organic investments (1) 563 597 -6% (18) (4) (7) ns Net acquisitions (1) (256) (98) ns 221 228 222 - Net investments (1) 307 499 -38% 587 756 780 -25% Cash flow from operations excluding working capital (CFFO) (1) 1,799 1,828 -2% 206 665 939 -78% Cash flow from operating activities 198 2,417 -92% 11

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5. TotalEnergies results 5.1 Adjusted net operating income from business segments Adjusted net operating income from business segments was: $6,808 million in the third quarter 2023, compared to $5,582 million in the second quarter 2023, due to higher oil prices and refining margins and a lower effective tax rate for Exploration-Production, $19,383 million in the first nine months of 2023, compared to $30,237 million in the first nine months of 2022, due to lower prices of oil, gas and refining margins. 5.2 Adjusted net income(1) (TotalEnergies share) TotalEnergies adjusted net income was $6,453 million in the third quarter 2023 versus $4,956 million in the second quarter 2023, mainly due to higher oil prices and refining margins. Adjustments to net income(1) were $223 million in the third quarter 2023, consisting mainly of: $1 billion of inventory and changes in fair value effects, ($0.6) billion related to asset impairments notably due to divestments projects of Naphtachimie to INEOS and the Natref refinery in South Africa as well as client portfolios-related goodwills from gas & power marketing activities in Belgium, Spain and France. TotalEnergies’ average tax rate was: 33.4% in the third quarter 2023 versus 37.3% in the second quarter 2023, mainly as a result of the lower tax rate for Exploration & Production related to the lower relative weight of highly taxed North Sea assets, 37.5% in the first nine months of 2023 versus 40.8% in the first nine months of 2022, mainly as a result of the lower relative weight of Exploration & Production in Company results, in line with oil and gas prices evolution. 5.3 Adjusted earnings per share Adjusted diluted net earnings per share were: $2.63 in the third quarter 2023, based on 2,423 million weighted average diluted shares, compared to $1.99 in the second quarter 2023, $7.24 in the first nine months of 2023, based on 2,448 million weighted average diluted shares, compared to $10.96 a year earlier. As of September 30, 2023, the number of diluted shares was 2,417 million. As part of its shareholder return policy, TotalEnergies repurchased: 33.9 million shares for cancellation in the third quarter 2023 for $2.1 billion, 98.9 million shares for cancellation in the first nine months of 2023 for $6.1 billion. 5.4 Acquisitions – asset sales Acquisitions were: $1,992 million in the third quarter 2023, mainly related to the acquisition of the remaining 70.4% in Total Eren and the acquisition of an additional 12.4% stake in NextDecade in line with the launch of Rio Grande LNG project in the US, $5,730 million in the first nine months of 2023, mainly related to the above items, as well as the acquisition of a 20% interest in the SARB and Umm Lulu concession in the United Arab Emirates, the acquisition of a 6.25% stake in the NFE LNG project and 9.375% in NFS LNG project in Qatar, and a 34% stake in a joint venture with Casa dos Ventos in Brazil. Divestments were: $1,184 million in the third quarter 2023, notably for the sale of a 40% interest to ADNOC in Bloc 20 in Angola, of a number of non-conventional assets in Argentina and a partial farm down in an offshore wind project of the coast of New York and New Jersey in the US, $1,615 million in the first nine months of 2023, notably for the above items as well as the sale of 50% of the Marketing & Services subsidiary in Egypt. 12

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5.5 Net cash flow(1) TotalEnergies' net cash flow was: $4,249 million in the third quarter 2023 compared to $3,894 million in the second quarter, reflecting the $856 million increase in CFFO offset partially by the $500 million increase in net investments to $5,091 million in the third quarter 2023, $11,344 million in the first nine months of 2023 compared to $24,094 million a year earlier, reflecting the $9,149 million decrease in CFFO and the $3,601 million increase in net investments to $16,102 million in the first nine months of 2023. In the third quarter, cash flow from operating activities was $9,496 million, versus $9,340 million of CFFO. 5.6 Profitability Return on equity was 22.3% for the twelve months ended September 30, 2023. Return on average capital employed(1) was 20.1% for the twelve months ended September 30, 2023. 6. TotalEnergies SE statutory accounts Net income for TotalEnergies SE, the parent company, amounted to €8,388 million in first nine months of 2023, compared to €5,205 million in first nine months of 2022. 7. Annual 2023 Sensitivities(16) 123 (16) Sensitivities are revised once per year upon publication of the previous year’s fourth quarter results. Sensitivities are estimates based on assumptions about TotalEnergies’ portfolio in 2023. Actual results could vary significantly from estimates based on the application of these sensitivities. The impact of the $-€ sensitivity on adjusted net operating income is essentially attributable to Refining & Chemicals. (17) In a 80 $/b Brent environment. Adjusted net income (1) Average adjusted shareholders' equity Return on equity (ROE) 22.3% 25.2% 31.4% In millions of dollars October 1, 2022 July 1, 2022 October 1, 2021 September 30, 2023 June 30, 2023 September 30, 2022 35,790 113,861 25,938 29,351 116,529 116,329 Adjusted net operating income (1) Average capital employed (1) ROACE (1) 27,351 30,776 37,239 In millions of dollars October 1, 2022 July 1, 2022 October 1, 2021 September 30, 2023 June 30, 2023 September 30, 2022 135,757 137,204 136,902 20.1% 22.4% 27.2% Change Estimated impact on adjusted net operating income Estimated impact on cash flow from operations Dollar +/- 0.1 $ per € -/+ 0.1 B$ ~0 B$ Average liquids price (17) +/- 10 $/b +/- 2.5 B$ +/- 3.0 B$ European gas price - NBP / TTF +/- 2 $/Mbtu +/- 0.4 B$ +/- 0.4 B$ Variable cost margin, European refining (VCM) +/- 10 $/t +/- 0.4 B$ +/- 0.5 B$ 13

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8. Outlook Oil prices remain buoyant at around $90/b at the beginning of the fourth quarter, supported by OPEC+ actions on supply and a tense geopolitical context. The 2 Mb/d increase in petroleum products this year is driven by emerging countries, notably due to the recovery of the aviation sector and demand from the petrochemical industry in China. Despite entering the winter period with high natural gas inventories in Europe, in a tense market, gas prices remain very reactive to production disruptions. Given the evolution of oil and gas prices in recent months and the lag effect on price formulas, TotalEnergies anticipates that its average LNG selling price should be above $10/Mbtu in the fourth quarter 2023. TotalEnergies expects hydrocarbon production to range between 2.4 and 2.5 Mboe/d in the fourth quarter 2023, which reflects the impact of the sale of its oil sands assets in Canada. The utilization rate in refineries should be above 80% during the fourth quarter 2023, with the restart of Port Arthur expected in mid-November. In the fourth quarter 2023, TotalEnergies anticipates cash proceeds of around $4.1 billion(18) from the Canadian assets divestments, which could bring back the gearing below 8%. The Company confirms 2023 net investment guidance between $16 and $17 billion. * * * * To listen to the conference call with CEO Patrick Pouyanné and CFO Jean-Pierre Sbraire today at 13:30 (Paris time), please log on to totalenergies.com or dial +44 (0) 121 281 8004 or +1 (718) 705-8796. The conference replay will be available on the Company's website totalenergies.com after the event. * * * * 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 (18) Excluding adjustments and contingent payments. 14

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9. Operating information by segment 9.1 Company’s production (Exploration & Production + Integrated LNG) 3Q23 2Q23 3Q22 3Q23 vs 3Q22 Combined liquids and gas production by region (kboe/d) 9M23 9M22 9M23 vs 9M22 550 537 889 -38% Europe 556 918 -39% 459 481 463 -1% Africa 478 473 +1% 781 767 692 +13% Middle East and North Africa 756 681 +11% 445 443 449 -1% Americas 443 419 +6% 241 243 176 +37% Asia-Pacific 257 259 -1% 2,476 2,471 2,669 -7% Total production 2,490 2,750 -9% 327 338 656 -50% includes equity affiliates 336 687 -51% 3Q23 2Q23 3Q22 3Q23 vs 3Q22 Liquids production by region (kb/d) 9M23 9M22 9M23 vs 9M22 229 227 275 -17% Europe 230 280 -18% 335 359 352 -5% Africa 354 358 -1% 627 615 557 +12% Middle East and North Africa 607 547 +11% 268 268 260 +3% Americas 267 231 +15% 102 102 50 x2.1 Asia-Pacific 107 85 +26% 1,561 1,571 1,494 +4% Total production 1,565 1,501 +4% 156 153 202 -23% includes equity affiliates 153 204 -25% 3Q23 2Q23 3Q22 3Q23 vs 3Q22 Gas production by region (Mcf/d) 9M23 9M22 9M23 vs 9M22 1,733 1,671 3,300 -47% Europe 1,760 3,431 -49% 619 610 559 +11% Africa 615 582 +6% 844 834 740 +14% Middle East and North Africa 817 736 +11% 989 976 1,061 -7% Americas 986 1,055 -7% 736 754 707 +4% Asia-Pacific 807 981 -18% 4,921 4,845 6,367 -23% Total production 4,985 6,785 -27% 933 1,004 2,444 -62% includes equity affiliates 996 2,596 -62% 15

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9.2 Downstream (Refining & Chemicals and Marketing & Services) * Olefins, polymers. 3Q23 2Q23 3Q22 3Q23 vs 3Q22 Petroleum product sales by region (kb/d) 9M23 9M22 9M23 vs 9M22 1,838 1,709 1,816 +1% Europe 1,716 1,755 -2% 621 599 690 -10% Africa 629 728 -14% 946 918 907 +4% Americas 904 868 +4% 624 665 569 +10% Rest of world 637 602 +6% 4,029 3,892 3,982 +1% Total consolidated sales 3,886 3,953 -2% 407 424 438 -7% Includes bulk sales 406 419 -3% 2,222 2,070 2,049 +8% Includes trading 2,095 2,060 +2% 3Q23 2Q23 3Q22 3Q23 vs 3Q22 Petrochemicals production* (kt) 9M23 9M22 9M23 vs 9M22 1,018 1,026 1,078 -6% Europe 3,091 3,361 -8% 611 619 670 -9% Americas 1,837 1,910 -4% 771 475 722 +7% Middle East and Asia 1,999 2,271 -12% 16

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9.3 Integrated Power 9.3.1 Net power production 9.3.2 Installed power generation net capacity 1 (19) End-of-period data. Net power production (TWh) Solar Onshore Wind Offshore Wind Gas Others Total Solar Onshore Wind Offshore Wind Gas Others Total France 0.2 0.1 - 2.0 0.0 2.3 0.2 0.1 - 2.6 0.0 2.9 Rest of Europe 0.1 0.4 0.1 1.1 0.0 1.7 0.0 0.1 0.2 1.1 0.0 1.4 Africa 0.0 0.0 - - - 0.0 0.0 0.0 - - - 0.0 Middle East 0.2 - - 0.5 - 0.7 0.2 - - 0.3 - 0.5 North America 0.6 0.4 - - - 1.1 0.4 0.5 - - - 1.0 South America 0.1 0.9 - - - 1.0 0.0 0.4 - - - 0.5 India 1.4 0.4 - - - 1.7 1.4 0.3 - - - 1.8 Pacific Asia 0.4 0.0 0.0 - - 0.4 0.2 0.0 0.0 - - 0.2 Total 3.0 2.2 0.2 3.5 0.0 8.9 2.5 1.5 0.2 4.0 0.0 8.2 3Q23 2Q23 Installed power generation net capacity (GW) (19) Solar Onshore Wind Offshore Wind Gas Others Total Solar Onshore Wind Offshore Wind Gas Others Total France 0.5 0.3 - 2.6 0.1 3.5 0.4 0.3 - 2.6 0.1 3.4 Rest of Europe 0.2 0.9 0.6 1.4 0.0 3.1 0.1 0.3 0.4 1.4 0.0 2.2 Africa 0.1 0.0 - - 0.0 0.1 0.0 0.0 - - 0.0 0.1 Middle East 0.4 - - 0.3 - 0.7 0.3 - - 0.3 - 0.6 North America 1.5 0.8 - - 0.0 2.3 1.2 0.8 - - 0.0 2.0 South America 0.5 0.7 - - - 1.2 0.2 0.5 - - - 0.7 India 3.5 0.4 - - - 3.9 3.2 0.4 - - - 3.7 Pacific Asia 1.0 0.0 0.1 - 0.0 1.0 0.6 0.0 0.0 - 0.0 0.6 Total 7.6 3.2 0.6 4.3 0.2 15.9 6.0 2.3 0.5 4.3 0.2 13.2 3Q23 2Q23 17

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9.3.3 Power generation gross capacity from renewables 12 (20) Includes 20% of the gross capacities of Adani Green Energy Limited, 50% of Clearway Energy Group and, from 1Q23, 49% of Casa dos Ventos. (21) End-of-period data. Installed power generation gross capacity from renewables (GW) (20),(21) Solar Onshore Wind Offshore Wind Other Total Solar Onshore Wind Offshore Wind Other Total France 0.8 0.6 - 0.1 1.6 0.8 0.6 - 0.1 1.6 Rest of Europe 0.2 1.1 1.1 0.0 2.4 0.2 1.1 0.8 0.0 2.1 Africa 0.1 0.0 - 0.0 0.2 0.1 0.0 - 0.0 0.2 Middle East 1.2 - - - 1.2 1.2 - - - 1.2 North America 3.9 2.1 - 0.1 6.2 3.5 2.1 - 0.1 5.6 South America 0.4 1.2 - - 1.6 0.4 1.0 - - 1.4 India 5.1 0.4 - - 5.5 5.1 0.4 - - 5.5 Asia-Pacific 1.4 0.0 0.2 0.0 1.6 1.4 0.0 0.1 0.0 1.5 Total 13.1 5.5 1.3 0.3 20.2 12.5 5.2 1.0 0.3 19.0 Power generation gross capacity from renewables in construction (GW) (20),(21) Solar Onshore Wind Offshore Wind Other Total Solar Onshore Wind Offshore Wind Other Total France 0.2 0.0 0.0 0.0 0.3 0.2 0.1 0.0 0.0 0.3 Rest of Europe 0.4 0.0 - 0.0 0.5 0.1 0.0 0.3 0.0 0.5 Africa 0.0 - - 0.0 0.0 0.0 - - 0.0 0.0 Middle East 0.1 - - - 0.1 0.1 - - - 0.1 North America 2.3 0.1 - 0.5 3.0 2.8 0.1 - 0.5 3.4 South America 0.1 0.1 - - 0.2 0.1 0.2 - - 0.3 India 0.4 0.1 - - 0.4 0.4 0.1 - - 0.5 Asia-Pacific 0.1 0.0 0.5 - 0.6 0.0 0.0 0.5 - 0.6 Total 3.8 0.3 0.5 0.6 5.2 3.8 0.5 0.9 0.6 5.7 Power generation gross capacity from renewables in development (GW) (20),(21) Solar Onshore Wind Offshore Wind Other Total Solar Onshore Wind Offshore Wind Other Total France 0.9 0.5 - 0.0 1.4 1.0 0.6 - 0.0 1.6 Rest of Europe 4.6 0.5 7.4 0.1 12.6 5.4 0.4 4.4 0.1 10.3 Africa 1.2 0.3 - 0.0 1.5 0.6 0.3 - 0.1 1.0 Middle East 1.7 0.7 - - 2.4 0.4 - - - 0.4 North America 8.3 3.3 4.1 5.2 20.9 9.0 3.2 4.1 5.1 21.3 South America 1.4 1.3 - 0.4 3.0 1.6 1.6 - 0.4 3.6 India 4.0 0.1 - - 4.1 4.2 0.1 - - 4.3 Asia-Pacific 3.4 1.3 2.9 1.6 9.2 3.2 0.4 2.9 0.9 7.5 Total 25.6 7.9 14.4 7.2 55.2 25.5 6.6 11.4 6.5 50.0 3Q23 2Q23 3Q23 2Q23 3Q23 2Q23 18

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10. Alternative Performance Measures (Non-GAAP measures) 10.1 Adjustment items to net income (TotalEnergies share) * Other adjustment items for net income in the third quarter amounted to ($135) million, including $388 million of revaluation of Total Eren’s previously held equity interest and ($523) million mainly due to the impact of the European solidarity contribution and of the Electricity Generation Infra-Marginal Income Contribution in France and of the devaluation of the Argentine peso. Other adjustment items for net income in the first nine months of the year amounted to ($340) million including $388 million of revaluation of Total Eren’s previously held equity interest and ($728) million mainly due to the impact of the European solidarity contribution and of the Electricity Generation Infra-Marginal Income Contribution in France and of the devaluation of the Argentine peso. 3Q23 2Q23 3Q22 In millions of dollars 9M23 9M22 6,676 4,088 6,626 Net income (TotalEnergies share) 16,321 17,262 (749) (377) (2,186) Special items affecting net income (TotalEnergies share) (1,285) (11,725) - - 1,391 Gain (loss) on asset sales 203 1,391 - (5) (17) Restructuring charges (5) (28) (614) (469) (3,118) Impairments (1,143) (11,898) (135) 97 (442) Other * (340) (1,190) 607 (380) (827) After-tax inventory effect : FIFO vs. replacement cost (164) 1,206 365 (111) (224) Effect of changes in fair value (180) (855) 223 (868) (3,237) Total adjustments affecting net income (1,629) (11,374) 6,453 4,956 9,863 Adjusted net income (TotalEnergies share) 17,950 28,636 19

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10.2 Reconciliation of adjusted EBITDA with consolidated financial statements 10.2.1 Reconciliation of net income (TotalEnergies share) to adjusted EBITDA 10.2.2 Reconciliation of revenues from sales to adjusted EBITDA and net income (TotalEnergies share) 3Q23 2Q23 3Q22 3Q23 vs 3Q22 In millions of dollars 9M23 9M22 9M23 vs 9M22 6,676 4,088 6,626 +1% Net income (TotalEnergies share) 16,321 17,262 -5% (223) 868 3,237 ns Less: adjustment items to net income (TotalEnergies share) 1,629 11,374 -86% 6,453 4,956 9,863 -35% Adjusted net income (TotalEnergies share) 17,950 28,636 -37% Adjusted items 82 61 85 -4% Add: non-controlling interests 217 250 -13% 3,130 2,715 6,037 -48% Add: income taxes 9,935 16,035 -38% 2,967 2,959 2,926 +1% Add: depreciation, depletion and impairment of tangible assets and mineral interests 8,952 9,112 -2% 88 92 95 -7% Add: amortization and impairment of intangible assets 279 289 -3% 726 724 633 +15% Add: financial interest on debt 2,160 1,667 +30% (384) (402) (219) ns Less: financial income and expense from cash & cash equivalents (1,159) (408) ns 13,062 11,105 19,420 -33% Adjusted EBITDA 38,334 55,581 -31% 3Q23 2Q23 3Q22 3Q23 vs 3Q22 In millions of dollars 9M23 9M22 9M23 vs 9M22 Adjusted items 54,413 51,458 64,924 -16% Revenues from sales 164,180 199,322 -18% (34,738) (33,379) (41,509) ns Purchases, net of inventory variation (105,596) (128,294) ns (7,346) (7,754) (6,689) ns Other operating expenses (22,852) (21,718) ns (245) (62) (71) ns Exploration costs (401) (324) ns 142 116 163 -13% Other income 335 713 -53% 64 (164) (58) ns Other expense, excluding amortization and impairment of intangible assets (138) (662) ns 296 401 196 +51% Other financial income 945 546 +73% (186) (173) (112) ns Other financial expense (542) (383) ns 662 662 2,576 -74% Net income (loss) from equity affiliates 2,403 6,381 -62% 13,062 11,105 19,420 -33% Adjusted EBITDA 38,334 55,581 -31% Adjusted items (2,967) (2,959) (2,926) ns Less: depreciation, depletion and impairment of tangible assets and mineral interests (8,952) (9,112) ns (88) (92) (95) ns Less: amortization of intangible assets (279) (289) ns (726) (724) (633) ns Less: financial interest on debt (2,160) (1,667) ns 384 402 219 +75% Add: financial income and expense from cash & cash equivalents 1,159 408 x2.8 (3,130) (2,715) (6,037) ns Less: income taxes (9,935) (16,035) ns (82) (61) (85) ns Less: non-controlling interests (217) (250) ns 223 (868) (3,237) ns Add: adjustment (TotalEnergies share) (1,629) (11,374) ns 6,676 4,088 6,626 +1% Net income (TotalEnergies share) 16,321 17,262 -5% 20

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10.3 Investments – Divestments (TotalEnergies share) Reconciliation of Cash flow used in investing activities to Net investments * Change in debt from renewable projects (TotalEnergies share and partner share). 10.4 Cash flow (TotalEnergies share) Reconciliation of Cash flow from operating activities to Cash flow from operations excluding working capital (CFFO), to DACF and to Net cash flow * Changes in working capital are presented excluding the mark-to-market effect of Integrated LNG and Integrated Power sectors’ contracts. 3Q23 2Q23 3Q22 3Q23 vs 3Q22 In millions of dollars 9M23 9M22 9M23 vs 9M22 4,987 4,473 4,075 +22% Cash flow used in investing activities ( a ) 15,822 11,435 +38% - - - ns Other transactions with non-controlling interests ( b ) - - ns (17) 18 570 ns Organic loan repayment from equity affiliates ( c ) (5) 1,295 ns 43 35 8 x5.4 Change in debt from renewable projects financing ( d ) * 81 (356) ns 64 64 43 +49% Capex linked to capitalized leasing contracts ( e ) 188 116 +62% 14 1 7 +100% Expenditures related to carbon credits ( f ) 16 11 +45% 5,091 4,591 4,703 +8% Net investments ( a + b + c + d + e + f = g - i + h ) 16,102 12,501 +29% 808 320 1,587 -49% of which net acquisitions ( g-i ) 4,115 4,585 -10% 1,992 482 1,716 +16% Acquisitions ( g ) 5,730 5,580 +3% 1,184 162 129 x9.2 Asset sales ( i ) 1,615 995 +62% (43) (35) (4) ns Change in debt from renewable projects (partner share) (81) 170 ns 4,283 4,271 3,116 +37% of which organic investments ( h ) 11,987 7,916 +51% 346 328 169 x2 Capitalized exploration 879 381 x2.3 422 366 233 +81% Increase in non-current loans 1,162 744 +56% (120) (84) (214) ns Repayment of non-current loans, excluding organic loan repayment from equity affiliates (433) (823) ns - - 4 -100% Change in debt from renewable projects (TotalEnergies share) - (186) -100% 3Q23 2Q23 3Q22 3Q23 vs 3Q22 In millions of dollars 9M23 9M22 9M23 vs 9M22 9,496 9,900 17,848 -47% Cash flow from operating activities ( a ) 24,529 41,749 -41% (582) 1,720 7,692 ns (Increase) decrease in working capital ( b ) * (2,851) 5,078 ns 764 (252) (1,010) ns Inventory effect ( c ) 10 1,396 -99% 43 35 (0) ns Capital gain from renewable project sales ( d ) 81 25 x3.3 (17) 18 570 ns Organic loan repayments from equity affiliates ( e ) (5) 1,295 ns 9,340 8,485 11,736 -20% Cash flow from operations excluding working capital (CFFO) ( f = a - b - c + d + e ) 27,446 36,595 -25% (211) (112) (304) ns Financial charges (476) (1,071) ns 9,551 8,596 12,040 -21% Debt Adjusted Cash Flow (DACF) 27,922 37,665 -26% 4,283 4,271 3,116 +37% Organic investments ( g ) 11,987 7,916 +51% 5,058 4,214 8,620 -41% Free cash flow after organic investments ( f - g ) 15,459 28,679 -46% 5,091 4,591 4,703 +8% Net investments ( h ) 16,102 12,501 +29% 4,249 3,894 7,033 -40% Net cash flow ( f - h ) 11,344 24,094 -53% 21

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10.5 Gearing ratio * Excludes leases receivables and leases debts. ** Including initial margins held as part of the Company's activities on organized markets. 10.6 Return on average capital employed 10.7 Payout In millions of dollars 09/30/2023 06/30/2023 09/30/2022 Current borrowings * 15,193 13,980 15,556 Other current financial liabilities 415 443 861 Current financial assets * , ** (6,585) (6,397) (11,532) Net financial assets classified as held for sale * (44) (41) (36) Non-current financial debt * 33,947 33,387 37,506 Non-current financial assets * (1,519) (1,264) (1,406) Cash and cash equivalents (24,731) (25,572) (35,941) Net debt ( a ) 16,676 14,536 5,008 Shareholders’ equity (TotalEnergies share) 115,767 113,682 117,821 Non-controlling interests 2,657 2,770 2,851 Shareholders' equity (b) 118,424 116,452 120,672 Gearing = a / ( a+b ) 12.3% 11.1% 4.0% Leases (c) 8,277 8,090 7,669 Gearing including leases ( a+c ) / ( a+b+c ) 17.4% 16.3% 9.5% Twelve months ended September 30, 2023 In millions of dollars Exploration & Production Integrated LNG Integrated Power Refining & Chemicals Marketing & Services Company Adjusted net operating income 11,668 7,152 1,807 5,508 1,486 27,351 Capital employed at 09/30/2022 65,041 37,742 17,181 5,801 7,141 130,420 Capital employed at 09/30/2023 69,392 36,033 20,043 9,002 9,025 141,093 ROACE 17.4% 19.4% 9.7% 74.4% 18.4% 20.1% In millions of dollars 9M23 9M22 2022 Dividend paid (parent company shareholders) ( a ) 5,648 5,630 9,986 Repayment of treasury shares 6,203 5,160 7,711 of which buy-backs ( b ) 6,082 4,979 7,019 Cash flow from operations excluding working capital (CFFO) ( c ) 27,446 36,595 45,729 Payout ratio = ( a+b ) / c 42.7% 29.0% 37.2% 22

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GLOSSARY Adjusted EBITDA (Earnings Before Interest, Tax, Depreciation and Amortization) is a non-GAAP financial measure and its most directly comparable IFRS measure is Net Income. It refers to the adjusted earnings before depreciation, depletion and impairment of tangible and intangible assets and mineral interests, income tax expense and cost of net debt, i.e., all operating income and contribution of equity affiliates to net income. This indicator can be a valuable tool for decision makers, analysts and shareholders alike to measure and compare the Company’s profitability with utility companies (energy sector). Adjusted net income (TotalEnergies share) is a non-GAAP financial measure and its most directly comparable IFRS measure is Net Income (TotalEnergies share). Adjusted Net Income (TotalEnergies share) refers to Net Income (TotalEnergies share) less adjustment items to Net Income (TotalEnergies share). Adjustment items are inventory valuation effect, effect of changes in fair value, and special items. This indicator can be a valuable tool for decision makers, analysts and shareholders alike to evaluate the Company’s operating results and to understand its operating trends by removing the impact of non-operational results and special items. Adjusted net operating income is a non-GAAP financial measure and its most directly comparable IFRS measure is Net Income. Adjusted Net Operating Income refers to Net Income before net cost of net debt, i.e., cost of net debt net of its tax effects, less adjustment items. Adjustment items are inventory valuation effect, effect of changes in fair value, and special items. Adjusted Net Operating Income can be a valuable tool for decision makers, analysts and shareholders alike to evaluate the Company’s operating results and understanding its operating trends, by removing the impact of non-operational results and special items and is used to evaluate the Return on Average Capital Employed (ROACE) as explained below. Capital Employed is a non-GAAP financial measure. They are calculated at replacement cost and refer to capital employed (balance sheet) less inventory valuations effect. Capital employed (balance sheet) refers to the sum of the following items: (i) Property, plant and equipment, intangible assets, net, (ii) Investments & loans in equity affiliates, (iii) Other non-current assets, (iv) Working capital which is the sum of: Inventories, net, Accounts receivable, net, other current assets, Accounts payable, Other creditors and accrued liabilities(v) Provisions and other non-current liabilities and (vi) Assets and liabilities classified as held for sale. Capital Employed can be a valuable tool for decision makers, analysts and shareholders alike to provide insight on the amount of capital investment used by the Company or its business segments to operate. Capital Employed is used to calculate the Return on Average Capital Employed (ROACE). Cash Flow From Operations excluding working capital (CFFO) is a non-GAAP financial measure and its most directly comparable IFRS measure is Cash flow from operating activities. Cash Flow From Operations excluding working capital is defined as cash flow from operating activities before changes in working capital at replacement cost, excluding the mark-to-market effect of Integrated LNG and Integrated Power contracts, including capital gain from renewable projects sales and including organic loan repayments from equity affiliates. This indicator can be a valuable tool for decision makers, analysts and shareholders alike to help understand changes in cash flow from operating activities, excluding the impact of working capital changes across periods on a consistent basis and with the performance of peer companies in a manner that, when viewed in combination with the Company’s results prepared in accordance with GAAP, provides a more complete understanding of the factors and trends affecting the Company’s business and performance. This performance indicator is used by the Company as a base for its cash flow allocation and notably to guide on the share of its cash flow to be allocated to the distribution to shareholders. Debt adjusted cash flow (DACF) is a non-GAAP financial measure and its most directly comparable IFRS measure is Cash flow from operating activities. DACF is defined as Cash Flow From Operations excluding working capital (CFFO) without financial charges. This indicator can be a valuable tool for decision makers, analysts and shareholders alike because it corresponds to the funds theoretically available to the Company for investments, debt repayment and distribution to shareholders, and therefore facilitates comparison of the Company’s results of operations with those of other registrants, independent of their capital structure and working capital requirements. Free cash flow after Organic Investments is a non-GAAP financial measure and its most directly comparable IFRS measure is Cash flow from operating activities. Free cash flow after Organic Investments, refers to Cash Flow From Operations excluding working capital minus Organic Investments. Organic Investments refer to Net Investments excluding acquisitions, asset sales and other transactions with non-controlling interests. This indicator can be a valuable tool for decision makers, analysts and shareholders alike because it illustrates operating cash flow generated by the business post allocation of cash for Organic Investments. Gearing is a non-GAAP financial measure and its most directly comparable IFRS measure is the ratio of total financial liabilities to total equity. Gearing is a Net-debt-to-capital ratio, which is calculated as the ratio of Net debt excluding leases to (Equity + Net debt excluding leases). This indicator can be a valuable tool for decision makers, analysts and shareholders alike to assess the strength of the Company’s balance sheet. Net acquisitions is a non-GAAP financial measure and its most directly comparable IFRS measure is Cash flow used in investing activities. Net Acquisitions refer to acquisitions minus assets sales (including other operations with non-controlling interests). This indicator can be a valuable tool for decision makers, analysts and shareholders alike because it illustrates the allocation of cash flow used for growing the Company’s asset base via external growth opportunities. Net cash flow is a non-GAAP financial measure and its most directly comparable IFRS measure is Cash flow from operating activities. Net cash flow refers to Cash Flow From Operations excluding working capital minus Net Investments. Net cash flow can be a valuable tool for decision makers, analysts and shareholders alike because it illustrates cash flow generated by the operations of the Company post allocation of cash for Organic Investments and Net Acquisitions (acquisitions - assets sales - other operations with non-controlling interests). This performance indicator corresponds to the cash flow available to repay debt and allocate cash to shareholder distribution or share buybacks. Net investments is a non-GAAP financial measure and its most directly comparable IFRS measure is Cash flow used in investing activities. Net Investments refer to Cash flow used in investing activities including other transactions with non-controlling interests, including change in debt from renewable projects financing, including expenditures related to carbon credits, including capex linked to 23

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capitalized leasing contracts and excluding organic loan repayment from equity affiliates. This indicator can be a valuable tool for decision makers, analysts and shareholders alike to illustrate the cash directed to growth opportunities, both internal and external, thereby showing, when combined with the Company’s cash flow statement prepared under IFRS, how cash is generated and allocated for uses within the organization. Net Investments are the sum of Organic Investments and Net Acquisitions each of which is described in the Glossary. Organic investments is a non-GAAP financial measure and its most directly comparable IFRS measure is Cash flow used in investing activities. Organic investments refers to Net Investments, excluding acquisitions, asset sales and other operations with non-controlling interests. Organic Investments can be a valuable tool for decision makers, analysts and shareholders alike because it illustrates cash flow used by the Company to grow its asset base, excluding sources of external growth. Payout is a non-GAAP financial measure. Payout is defined as the ratio of the dividends and share buybacks to the Cash Flow From Operations excluding working capital. This indicator can be a valuable tool for decision makers, analysts and shareholders as it provides the portion of the Cash Flow From Operations excluding working capital distributed to the shareholder. Return on Average Capital Employed (ROACE) is a non-GAAP financial measure. ROACE is the ratio of Adjusted Net Operating Income to average Capital Employed at replacement cost between the beginning and the end of the period. This indicator can be a valuable tool for decision makers, analysts and shareholders alike to measure the profitability of the Company’s average Capital Employed in its business operations and is used by the Company to benchmark its performance internally and externally with its peers. 24

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Disclaimer: The terms “TotalEnergies”, “TotalEnergies company” and “Company” in this document are used to designate TotalEnergies SE and the consolidated entities directly or indirectly controlled by TotalEnergies SE. Likewise, the words “we”, “us” and “our” may also be used to refer to these entities or their employees. The entities in which TotalEnergies SE directly or indirectly owns a shareholding are separate and independent legal entities. This press release presents the results for the third quarter of 2023 and first nine month of 2023 from the consolidated financial statements of TotalEnergies SE as of September 30, 2023 (unaudited). The limited review procedures by the Statutory Auditors are underway. The notes to the consolidated financial statements (unaudited) are available on the website totalenergies.com. This document may contain forward-looking statements (including forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995), notably with respect to the financial condition, results of operations, business activities and industrial strategy of TotalEnergies. This document may also contain statements regarding the perspectives, objectives, areas of improvement and goals of TotalEnergies, including with respect to climate change and carbon neutrality (net zero emissions). An ambition expresses an outcome desired by TotalEnergies, it being specified that the means to be deployed do not depend solely on TotalEnergies. These forward-looking statements may generally be identified by the use of the future or conditional tense or forward-looking words such as “envisions”, “intends”, “anticipates”, “believes”, “considers”, “plans”, “expects”, “thinks”, “targets”, “aims” or similar terminology. Such forward-looking statements included in this document are based on economic data, estimates and assumptions prepared in a given economic, competitive and regulatory environment and considered to be reasonable by TotalEnergies as of the date of this document. These forward-looking statements are not historical data and should not be interpreted as assurances that the perspectives, objectives, or goals announced will be achieved. They may prove to be inaccurate in the future, and may evolve or be modified with a significant difference between the actual results and those initially estimated, due to the uncertainties notably related to the economic, financial, competitive and regulatory environment, or due to the occurrence of risk factors, such as, notably, the price fluctuations in crude oil and natural gas, the evolution of the demand and price of petroleum products, the changes in production results and reserves estimates, the ability to achieve cost reductions and operating efficiencies without unduly disrupting business operations, changes in laws and regulations including those related to the environment and climate, currency fluctuations, as well as economic and political developments, changes in market conditions, loss of market share and changes in consumer preferences, or pandemics such as the COVID-19 pandemic. Additionally, certain financial information is based on estimates particularly in the assessment of the recoverable value of assets and potential impairments of assets relating thereto. 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. The information on risk factors that could have a significant adverse effect on TotalEnergies’ business, financial condition, including its operating income and cash flow, reputation, outlook or the value of financial instruments issued by TotalEnergies is provided in the most recent version of the Universal Registration Document which is filed by TotalEnergies SE with the French Autorité des Marchés Financiers and the annual report on Form 20-F filed with the United States Securities and Exchange Commission (“SEC”). Financial information by business segment is reported in accordance with the internal reporting system and shows internal segment information that is used to manage and measure the performance of TotalEnergies. In addition to IFRS measures, certain alternative performance indicators are presented, such as performance indicators excluding the adjustment items described below (adjusted operating income, adjusted net operating income, adjusted net income), return on equity (ROE), return on average capital employed (ROACE), gearing ratio, operating cash flow before working capital changes, the shareholder rate of return. These indicators are meant to facilitate the analysis of the financial performance of TotalEnergies and the comparison of income between periods. They allow investors to track the measures used internally to manage and measure the performance of TotalEnergies. These adjustment items include: (i) Special items Due to their unusual nature or particular significance, certain transactions qualifying as "special items" are excluded from the business segment figures. In general, special items relate to transactions that are significant, infrequent, or unusual. However, in certain instances, transactions such as restructuring costs or assets disposals, which are not considered to be representative of the normal course of business, may qualify as special items although they may have occurred in prior years or are likely to occur in following years. (ii) The inventory valuation effect In accordance with IAS 2, TotalEnergies values inventories of petroleum products in its financial statements according to the First-In, First-Out (FIFO) method and other inventories using the weighted-average cost method. Under the FIFO method, the cost of inventory is based on the historic cost of acquisition or manufacture rather than the current replacement cost. In volatile energy markets, this can have a significant distorting effect on the reported income. Accordingly, the adjusted results of the Refining & Chemicals and Marketing & Services segments are presented according to the replacement cost method. This method is used to assess the segments’ performance and facilitate the comparability of the segments’ performance with those of its main competitors. In the replacement cost method, which approximates the Last-In, First-Out (LIFO) method, the variation of inventory values in the statement of income is, depending on the nature of the inventory, determined using either the month-end prices differential between one period and another or the average prices of the period rather than the historical value. The inventory valuation effect is the difference between the results under the FIFO and the replacement cost methods. (iii) Effect of changes in fair value The effect of changes in fair value presented as an adjustment item reflects, for trading inventories and storage contracts, differences between internal measures of performance used by TotalEnergies’ Executive Committee and the accounting for these transactions under IFRS. IFRS requires that trading inventories be recorded at their fair value using period-end spot prices. In order to best reflect the management of economic exposure through derivative transactions, internal indicators used to measure performance include valuations of trading inventories based on forward prices. TotalEnergies, in its trading activities, enters into storage contracts, whose future effects are recorded at fair value in TotalEnergies’ internal economic performance. IFRS precludes recognition of this fair value effect. Furthermore, TotalEnergies enters into derivative instruments to risk manage certain operational contracts or assets. Under IFRS, these derivatives are recorded at fair value while the underlying operational transactions are recorded as they occur. Internal indicators defer the fair value on derivatives to match with the transaction occurrence. The adjusted results (adjusted operating income, adjusted net operating income, adjusted net income) are defined as replacement cost results, adjusted for special items, excluding the effect of changes in fair value. Euro amounts presented for the fully adjusted-diluted earnings per share represent dollar amounts converted at the average euro-dollar (€-$) exchange rate for the applicable period and are not the result of financial statements prepared in euros. Cautionary Note to U.S. Investors – The SEC permits oil and gas companies, in their filings with the SEC, to separately disclose proved, probable and possible reserves that a company has determined in accordance with SEC rules. We may use certain terms in this press release, such as “potential reserves” or “resources”, that the SEC’s guidelines strictly prohibit us from including in filings with the SEC. U.S. investors are urged to consider closely the disclosure in the Form 20-F of TotalEnergies SE, File N° 1-10888, available from us at 2, place Jean Millier – Arche Nord Coupole/Regnault - 92078 Paris-La Défense Cedex, France, or at our website totalenergies.com. You can also obtain this form from the SEC by calling 1-800-SEC-0330 or on the SEC’s website sec.gov. 25

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TotalEnergies financial statements Third quarter and nine months 2023 consolidated accounts, IFRS 26

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CONSOLIDATED STATEMENT OF INCOME TotalEnergies (unaudited) 3 rd quarter 2 nd quarter 3 rd quarter (M$)(a) 2023 2023 2022 Sales 59,017 56,271 69,037 Excise taxes (4,604) (4,737) (4,075) Revenues from sales 54,413 51,534 64,962 Purchases, net of inventory variation (33,676) (33,864) (42,802) Other operating expenses (7,562) (7,906) (6,771) Exploration costs (245) (62) (71) Depreciation, depletion and impairment of tangible assets and mineral interests (3,055) (3,106) (2,935) Other income 535 116 1,693 Other expense (928) (366) (921) Financial interest on debt (726) (724) (633) Financial income and expense from cash & cash equivalents 459 510 327 Cost of net debt (267) (214) (306) Other financial income 311 413 196 Other financial expense (186) (173) (112) Net income (loss) from equity affiliates 754 267 (108) Income taxes (3,404) (2,487) (6,077) Consolidated net income 6,690 4,152 6,748 TotalEnergies share 6,676 4,088 6,626 Non-controlling interests 14 64 122 Earnings per share ($) 2.74 1.65 2.58 Fully-diluted earnings per share ($) 2.73 1.64 2.56 (a) Except for per share amounts. 27

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CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME TotalEnergies (unaudited) 3 rd quarter 2 nd quarter 3 rd quarter (M$) 2023 2023 2022 Consolidated net income 6,690 4,152 6,748 Other comprehensive income Actuarial gains and losses (1) 135 (17) Change in fair value of investments in equity instruments 3 (1) 131 Tax effect (2) (43) 2 Currency translation adjustment generated by the parent company (1,861) (57) (4,639) Items not potentially reclassifiable to profit and loss (1,861) 34 (4,523) Currency translation adjustment 1,204 (49) 1,871 Cash flow hedge 306 689 1,258 Variation of foreign currency basis spread (3) 11 9 share of other comprehensive income of equity affiliates, net amount 31 3 191 Other (4) (4) (18) Tax effect (46) (136) (424) Items potentially reclassifiable to profit and loss 1,488 514 2,887 Total other comprehensive income (net amount) (373) 548 (1,636) Comprehensive income 6,317 4,700 5,112 TotalEnergies share 6,313 4,676 4,969 Non-controlling interests 4 24 143 28

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CONSOLIDATED STATEMENT OF INCOME TotalEnergies (unaudited) 9 months 9 months (M$)(a) 2023 2022 Sales 177,891 212,417 Excise taxes (13,711) (13,060) Revenues from sales 164,180 199,357 Purchases, net of inventory variation (105,891) (127,893) Other operating expenses (23,253) (22,435) Exploration costs (399) (1,049) Depreciation, depletion and impairment of tangible assets and mineral interests (9,223) (9,716) Other income 992 2,265 Other expense (1,594) (4,516) Financial interest on debt (2,160) (1,667) Financial income and expense from cash & cash equivalents 1,362 786 Cost of net debt (798) (881) Other financial income 982 630 Other financial expense (542) (383) Net income (loss) from equity affiliates 1,981 (1,611) Income taxes (9,962) (16,165) Consolidated net income 16,473 17,603 TotalEnergies share 16,321 17,262 Non-controlling interests 152 341 Earnings per share ($) 6.61 6.61 Fully-diluted earnings per share ($) 6.57 6.57 (a) Except for per share amounts. 29

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CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME TotalEnergies (unaudited) 9 months 9 months (M$) 2023 2022 Consolidated net income 16,473 17,603 Other comprehensive income Actuarial gains and losses 137 187 Change in fair value of investments in equity instruments 6 114 Tax effect (53) (40) Currency translation adjustment generated by the parent company (452) (11,776) Items not potentially reclassifiable to profit and loss (362) (11,515) Currency translation adjustment (95) 5,406 Cash flow hedge 2,197 4,217 Variation of foreign currency basis spread 5 79 share of other comprehensive income of equity affiliates, net amount (64) 2,655 Other (5) (19) Tax effect (518) (1,483) Items potentially reclassifiable to profit and loss 1,520 10,855 Total other comprehensive income (net amount) 1,158 (660) Comprehensive income 17,631 16,943 TotalEnergies share 17,539 16,627 Non-controlling interests 92 316 30

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CONSOLIDATED BALANCE SHEET TotalEnergies September 30, 2023 June 30, 2023 December 31, 2022 September 30, 2022 (M$) (unaudited) (unaudited) (unaudited) ASSETS Non-current assets Intangible assets, net 32,911 31,717 31,931 36,376 Property, plant and equipment, net 106,721 104,174 107,101 99,700 Equity affiliates : investments and loans 30,153 30,425 27,889 28,743 Other investments 1,342 1,190 1,051 1,149 Non-current financial assets 2,710 2,494 2,731 2,341 Deferred income taxes 3,535 3,649 5,049 4,434 Other non-current assets 3,991 2,573 2,388 2,930 Total non-current assets 181,363 176,222 178,140 175,673 Current assets Inventories, net 22,512 18,785 22,936 24,420 Accounts receivable, net 23,598 22,163 24,378 28,191 Other current assets 22,252 23,111 36,070 73,453 Current financial assets 6,892 6,725 8,746 11,688 Cash and cash equivalents 24,731 25,572 33,026 35,941 Assets classified as held for sale 8,656 8,441 568 349 Total current assets 108,641 104,797 125,724 174,042 Total assets 290,004 281,019 303,864 349,715 LIABILITIES & SHAREHOLDERS' EQUITY Shareholders' equity Common shares 7,616 7,850 8,163 8,163 Paid-in surplus and retained earnings 123,506 123,511 123,951 131,382 Currency translation adjustment (13,461) (12,859) (12,836) (16,720) Treasury shares (1,894) (4,820) (7,554) (5,004) Total shareholders' equity - TotalEnergies share 115,767 113,682 111,724 117,821 Non-controlling interests 2,657 2,770 2,846 2,851 Total shareholders' equity 118,424 116,452 114,570 120,672 Non-current liabilities Deferred income taxes 11,633 11,237 11,021 12,576 Employee benefits 1,837 1,872 1,829 2,207 Provisions and other non-current liabilities 22,657 21,295 21,402 22,133 Non-current financial debt 41,022 40,427 45,264 44,899 Total non-current liabilities 77,149 74,831 79,516 81,815 Current liabilities Accounts payable 37,268 32,853 41,346 48,942 Other creditors and accrued liabilities 37,405 38,609 52,275 80,468 Current borrowings 16,876 15,542 15,502 16,923 Other current financial liabilities 415 443 488 861 Liabilities directly associated with the assets classified as held for sale 2,467 2,289 167 34 Total current liabilities 94,431 89,736 109,778 147,228 Total liabilities & shareholders' equity 290,004 281,019 303,864 349,715 31

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CONSOLIDATED STATEMENT OF CASH FLOW TotalEnergies (unaudited) 3 rd quarter 2 nd quarter 3 rd quarter (M$) 2023 2023 2022 CASH FLOW FROM OPERATING ACTIVITIES Consolidated net income 6,690 4,152 6,748 Depreciation, depletion, amortization and impairment 3,621 3,195 3,032 Non-current liabilities, valuation allowances and deferred taxes 686 81 704 (Gains) losses on disposals of assets (521) (70) (1,645) Undistributed affiliates' equity earnings (325) 383 1,290 (Increase) decrease in working capital (923) 2,125 7,407 Other changes, net 268 34 312 Cash flow from operating activities 9,496 9,900 17,848 CASH FLOW USED IN INVESTING ACTIVITIES Intangible assets and property, plant and equipment additions (3,808) (3,870) (2,986) Acquisitions of subsidiaries, net of cash acquired (1,607) (19) (8) Investments in equity affiliates and other securities (482) (522) (2,557) Increase in non-current loans (451) (366) (246) Total expenditures (6,348) (4,777) (5,797) Proceeds from disposals of intangible assets and property, plant and equipment 914 31 97 Proceeds from disposals of subsidiaries, net of cash sold 7 38 524 Proceeds from disposals of non-current investments 308 133 304 Repayment of non-current loans 132 102 797 Total divestments 1,361 304 1,722 Cash flow used in investing activities (4,987) (4,473) (4,075) CASH FLOW USED IN FINANCING ACTIVITIES Issuance (repayment) of shares: - Parent company shareholders - 383 (1) - Treasury shares (2,098) (2,002) (1,996) Dividends paid: - Parent company shareholders (1,962) (1,842) (1,877) - Non-controlling interests (168) (105) (405) Net issuance (repayment) of perpetual subordinated notes - (1,081) - Payments on perpetual subordinated notes (22) (80) (14) Other transactions with non-controlling interests (11) (13) 38 Net issuance (repayment) of non-current debt 47 (14) 141 Increase (decrease) in current borrowings (446) (4,111) (527) Increase (decrease) in current financial assets and liabilities (182) 990 (4,473) Cash flow from (used in) financing activities (4,842) (7,875) (9,114) Net increase (decrease) in cash and cash equivalents (333) (2,448) 4,659 Effect of exchange rates (508) 35 (1,566) Cash and cash equivalents at the beginning of the period 25,572 27,985 32,848 Cash and cash equivalents at the end of the period 24,731 25,572 35,941 32

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CONSOLIDATED STATEMENT OF CASH FLOW TotalEnergies (unaudited) 9 months 9 months (M$) 2023 2022 CASH FLOW FROM OPERATING ACTIVITIES Consolidated net income 16,473 17,603 Depreciation, depletion, amortization and impairment 10,003 10,931 Non-current liabilities, valuation allowances and deferred taxes 1,081 4,669 (Gains) losses on disposals of assets (843) (1,823) Undistributed affiliates' equity earnings (291) 4,551 (Increase) decrease in working capital (2,217) 4,982 Other changes, net 323 836 Cash flow from operating activities 24,529 41,749 CASH FLOW USED IN INVESTING ACTIVITIES Intangible assets and property, plant and equipment additions (12,646) (11,593) Acquisitions of subsidiaries, net of cash acquired (1,762) (90) Investments in equity affiliates and other securities (2,411) (2,782) Increase in non-current loans (1,206) (765) Total expenditures (18,025) (15,230) Proceeds from disposals of intangible assets and property, plant and equipment 1,013 427 Proceeds from disposals of subsidiaries, net of cash sold 228 675 Proceeds from disposals of non-current investments 490 554 Repayment of non-current loans 472 2,139 Total divestments 2,203 3,795 Cash flow used in investing activities (15,822) (11,435) CASH FLOW USED IN FINANCING ACTIVITIES Issuance (repayment) of shares: - Parent company shareholders 383 370 - Treasury shares (6,203) (5,160) Dividends paid: - Parent company shareholders (5,648) (5,630) - Non-controlling interests (294) (524) Net issuance (repayment) of perpetual subordinated notes (1,081) - Payments on perpetual subordinated notes (260) (288) Other transactions with non-controlling interests (110) 33 Net issuance (repayment) of non-current debt 151 683 Increase (decrease) in current borrowings (5,831) (2,573) Increase (decrease) in current financial assets and liabilities 2,202 390 Cash flow from (used in) financing activities (16,691) (12,699) Net increase (decrease) in cash and cash equivalents (7,984) 17,615 Effect of exchange rates (311) (3,016) Cash and cash equivalents at the beginning of the period 33,026 21,342 Cash and cash equivalents at the end of the period 24,731 35,941 33

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CONSOLIDATED STATEMENT OF CHANGES IN SHAREHOLDERS' EQUITY TotalEnergies (unaudited) Common shares issued Paid-in surplus and retained earnings Currency translation adjustment Treasury shares Shareholders' equity - TotalEnergies Share Non-controlling interests Total shareholders' equity (M$) Number Amount Number Amount As of January 1, 2022 2,640,429,329 8,224 117,849 (12,671) (33,841,104) (1,666) 111,736 3,263 114,999 Net income of the first nine months 2022 - - 17,262 - - - 17,262 341 17,603 Other comprehensive income - - 3,421 (4,056) - - (635) (25) (660) Comprehensive Income - - 20,683 (4,056) - - 16,627 316 16,943 Dividend - - (5,653) - - - (5,653) (524) (6,177) Issuance of common shares 9,367,482 26 344 - - - 370 - 370 Purchase of treasury shares - - - - (97,376,124) (5,160) (5,160) - (5,160) Sale of treasury shares(a) - - (317) - 6,193,921 317 - - - Share-based payments - - 191 - - - 191 - 191 Share cancellation (30,665,526) (87) (1,418) - 30,665,526 1,505 - - - Net issuance (repayment) of perpetual subordinated notes - - (44) - - - (44) - (44) Payments on perpetual subordinated notes - - (255) - - - (255) - (255) Other operations with non-controlling interests - - 41 7 - - 48 124 172 Other items - - (39) - - - (39) (328) (367) As of September 30, 2022 2,619,131,285 8,163 131,382 (16,720) (94,357,781) (5,004) 117,821 2,851 120,672 Net income of the fourth quarter 2022 - - 3,264 - - - 3,264 177 3,441 Other comprehensive income - - (6,354) 3,882 - - (2,472) 23 (2,449) Comprehensive Income - - (3,090) 3,882 - - 792 200 992 Dividend - - (4,336) - - - (4,336) (12) (4,348) Issuance of common shares - - - - - - - - - Purchase of treasury shares - - - - (42,831,619) (2,551) (2,551) - (2,551) Sale of treasury shares(a) - - (1) - 1,733 1 - - - Share-based payments - - 38 - - - 38 - 38 Share cancellation - - - - - - - - - Net issuance (repayment) of perpetual subordinated notes - - - - - - - - - Payments on perpetual subordinated notes - - (76) - - - (76) - (76) Other operations with non-controlling interests - - 4 2 - - 6 (87) (81) Other items - - 30 - - - 30 (106) (76) As of December 31, 2022 2,619,131,285 8,163 123,951 (12,836) (137,187,667) (7,554) 111,724 2,846 114,570 Net income of the first nine months 2023 - - 16,321 - - - 16,321 152 16,473 Other comprehensive income - - 1,815 (597) - - 1,218 (60) 1,158 Comprehensive Income - - 18,136 (597) - - 17,539 92 17,631 Dividend - - (5,765) - - - (5,765) (294) (6,059) Issuance of common shares 8,002,155 22 361 - - - 383 - 383 Purchase of treasury shares - - - - (100,511,783) (7,024) (7,024) - (7,024) Sale of treasury shares(a) - - (396) - 6,463,426 396 - - - Share-based payments - - 232 - - - 232 - 232 Share cancellation (214,881,605) (569) (11,720) - 214,881,605 12,289 - - - Net issuance (repayment) of perpetual subordinated notes - - (1,107) - - - (1,107) - (1,107) Payments on perpetual subordinated notes - - (223) - - - (223) - (223) Other operations with non-controlling interests - - 39 (28) - - 11 12 23 Other items - - (2) - - (1) (3) 1 (2) As of September 30, 2023 2,412,251,835 7,616 123,506 (13,461) (16,354,419) (1,894) 115,767 2,657 118,424 (a)Treasury shares related to the performance share grants. 34

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INFORMATION BY BUSINESS SEGMENT TotalEnergies (unaudited) 3 rd quarter 2023 Exploration & Production Integrated LNG Integrated Power Refining & Chemicals Marketing & Services Corporate Intercompany Total (M$) External sales 1,551 2,144 5,183 27,127 23,012 - - 59,017 Intersegment sales 11,129 2,361 495 10,094 153 59 (24,291) - Excise taxes - - - (210) (4,394) - - (4,604) Revenues from sales 12,680 4,505 5,678 37,011 18,771 59 (24,291) 54,413 Operating expenses (5,347) (3,038) (4,811) (34,598) (17,749) (231) 24,291 (41,483) Depreciation, depletion and impairment of tangible assets and mineral interests (1,976) (283) (86) (483) (204) (23) - (3,055) Net income (loss) from equity affiliates and other items 10 358 (8) 61 (16) 81 - 486 Tax on net operating income (2,437) (251) (86) (502) (247) 157 - (3,366) Adjustment (a) (208) (51) 181 90 132 (37) - 107 Adjusted net operating income 3,138 1,342 506 1,399 423 80 - 6,888 Adjustment (a) 107 Net cost of net debt (305) Non-controlling interests (14) Net income - TotalEnergies share 6,676 (a) Adjustments include special items, inventory valuation effect and the effect of changes in fair value. 3 rd quarter 2023 Exploration & Production Integrated LNG Integrated Power Refining & Chemicals Marketing & Services Corporate Intercompany Total (M$) Total expenditures 2,677 734 2,215 424 270 28 - 6,348 Total divestments 699 168 331 114 49 - - 1,361 Cash flow from operating activities 4,240 872 1,936 2,060 206 182 - 9,496 2 nd quarter 2023 Exploration & Production Integrated LNG Integrated Power Refining & Chemicals Marketing & Services Corporate Intercompany Total (M$) External sales 1,434 2,020 6,249 24,849 21,712 7 - 56,271 Intersegment sales 10,108 2,778 670 8,630 201 64 (22,451) - Excise taxes - - - (231) (4,506) - - (4,737) Revenues from sales 11,542 4,798 6,919 33,248 17,407 71 (22,451) 51,534 Operating expenses (5,162) (3,797) (6,334) (32,042) (16,672) (276) 22,451 (41,832) Depreciation, depletion and impairment of tangible assets and mineral interests (2,117) (277) (51) (394) (241) (26) - (3,106) Net income (loss) from equity affiliates and other items (15) 472 (250) 3 64 (17) - 257 Tax on net operating income (1,889) (137) (41) (187) (162) (40) - (2,456) Adjustment (a) 10 (271) (207) (376) (53) (40) - (937) Adjusted net operating income 2,349 1,330 450 1,004 449 (248) - 5,334 Adjustment (a) (937) Net cost of net debt (245) Non-controlling interests (64) Net income - TotalEnergies share 4,088 (a) Adjustments include special items, inventory valuation effect and the effect of changes in fair value. 2 nd quarter 2023 Exploration & Production Integrated LNG Integrated Power Refining & Chemicals Marketing & Services Corporate Intercompany Total (M$) Total expenditures 2,569 626 807 489 256 30 - 4,777 Total divestments 26 45 149 52 28 4 - 304 Cash flow from operating activities 4,047 1,332 2,284 1,923 665 (351) - 9,900 35

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INFORMATION BY BUSINESS SEGMENT TotalEnergies (unaudited) 3 rd quarter 2022 Exploration & Production Integrated LNG Integrated Power Refining & Chemicals Marketing & Services Corporate Intercompany Total (M$) External sales 2,670 7,264 4,231 28,899 25,968 5 - 69,037 Intersegment sales 14,701 3,854 537 12,065 176 52 (31,385) - Excise taxes - - - (160) (3,915) - - (4,075) Revenues from sales 17,371 11,118 4,768 40,804 22,229 57 (31,385) 64,962 Operating expenses (6,880) (8,591) (4,695) (39,137) (21,513) (213) 31,385 (49,644) Depreciation, depletion and impairment of tangible assets and mineral interests (1,999) (249) (46) (371) (243) (27) - (2,935) Net income (loss) from equity affiliates and other items (2,643) 1,697 1,493 219 (14) (4) - 748 Tax on net operating income (5,071) (752) (25) (255) (153) 162 - (6,094) Adjustment (a) (3,439) (190) 1,259 (675) (172) (59) - (3,276) Adjusted net operating income 4,217 3,413 236 1,935 478 34 - 10,313 Adjustment (a) (3,276) Net cost of net debt (289) Non-controlling interests (122) Net income - TotalEnergies share 6,626 (a) Adjustments include special items, inventory valuation effect and the effect of changes in fair value. 3 rd quarter 2022 Exploration & Production Integrated LNG Integrated Power Refining & Chemicals Marketing & Services Corporate Intercompany Total (M$) Total expenditures 2,069 364 2,850 242 251 21 - 5,797 Total divestments 246 745 696 6 29 - - 1,722 Cash flow from operating activities 9,083 3,449 941 3,798 939 (362) - 17,848 36

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INFORMATION BY BUSINESS SEGMENT TotalEnergies (unaudited) 9 months 2023 Exploration & Production Integrated LNG Integrated Power Refining & Chemicals Marketing & Services Corporate Intercompany Total (M$) External sales 4,939 9,036 19,987 76,831 67,083 15 - 177,891 Intersegment sales 31,965 11,138 2,850 27,785 474 180 (74,392) - Excise taxes - - - (625) (13,086) - - (13,711) Revenues from sales 36,904 20,174 22,837 103,991 54,471 195 (74,392) 164,180 Operating expenses (15,271) (16,280) (20,976) (98,532) (52,208) (668) 74,392 (129,543) Depreciation, depletion and impairment of tangible assets and mineral interests (6,159) (848) (184) (1,291) (669) (72) - (9,223) Net income (loss) from equity affiliates and other items 63 1,634 (328) 116 291 43 - 1,819 Tax on net operating income (7,724) (593) (238) (1,014) (528) 180 - (9,917) Adjustment (a) (327) (657) (215) (751) 205 (77) - (1,822) Adjusted net operating income 8,140 4,744 1,326 4,021 1,152 (245) - 19,138 Adjustment (a) (1,822) Net cost of net debt (843) Non-controlling interests (152) Net income - TotalEnergies share 16,321 (a) Adjustments include special items, inventory valuation effect and the effect of changes in fair value. 9 months 2023 Exploration & Production Integrated LNG Integrated Power Refining & Chemicals Marketing & Services Corporate Intercompany Total (M$) Total expenditures 9,298 2,555 4,256 1,138 685 93 - 18,025 Total divestments 756 262 629 174 378 4 - 2,203 Cash flow from operating activities 12,823 5,740 2,935 3,132 198 (299) - 24,529 9 months 2022 Exploration & Production Integrated LNG Integrated Power Refining & Chemicals Marketing & Services Corporate Intercompany Total (M$) External sales 7,342 16,672 17,398 94,968 76,024 13 - 212,417 Intersegment sales 42,324 11,292 1,546 34,127 1,159 185 (90,633) - Excise taxes - - - (538) (12,522) - - (13,060) Revenues from sales 49,666 27,964 18,944 128,557 64,661 198 (90,633) 199,357 Operating expenses (18,348) (21,621) (19,381) (119,790) (61,807) (1,063) 90,633 (151,377) Depreciation, depletion and impairment of tangible assets and mineral interests (6,772) (803) (140) (1,140) (757) (104) - (9,716) Net income (loss) from equity affiliates and other items (6,069) (172) 1,685 724 42 175 - (3,615) Tax on net operating income (12,810) (1,305) (26) (1,646) (674) 259 - (16,202) Adjustment (a) (8,284) (4,698) 588 890 249 (297) - (11,552) Adjusted operating income 13,951 8,761 494 5,815 1,216 (238) - 29,999 Adjustment (a) (11,552) Net cost of net debt (844) Non-controlling interests (341) Net income - TotalEnergies share 17,262 (a) Adjustments include special items, inventory valuation effect and the effect of changes in fair value. 9 months 2022 Exploration & Production Integrated LNG Integrated Power Refining & Chemicals Marketing & Services Corporate Intercompany Total (M$) Total expenditures 8,168 939 4,586 803 679 55 - 15,230 Total divestments 592 1,982 940 89 180 12 - 3,795 Cash flow from operating activities 23,619 9,470 (795) 8,431 2,417 (1,393) - 41,749 37

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Non GAAP Financial Measures 38

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Alternative Performance Measures (Non-GAAP) TotalEnergies (unaudited) 1. Reconciliation of cash flow used in investing activities to Net investments 1.1. Exploration & Production 3 rd quarter 2 nd quarter 3 rd quarter 3 rd quarter 2023 vs 9 months 9 months 9 months 2023 vs 2023 2023 2022 3 rd quarter 2022 (in millions of dollars) 2023 2022 9 months 2022 1,978 2,543 1,823 9% Cash flow used in investing activities (a) 8,542 7,576 13% - - - ns Other transactions with non-controlling interests (b) - - ns - - (1) -100% Organic loan repayment from equity affiliates (c) - 22 -100% - - - ns Change in debt from renewable projects financing (d) * - - ns 51 56 34 50% Capex linked to capitalized leasing contracts (e) 157 94 67% 14 1 7 100% Expenditures related to carbon credits (f) 16 11 45% 2,043 2,600 1,863 10% Net investments (a + b + c + d + e + f = g - i + h) 8,715 7,703 13% (514) 176 (126) ns of which net acquisitions (g - i) 1,600 2,415 -34% 156 179 96 63% Acquisitions (g) 2,281 2,893 -21% 670 3 222 x3 Asset sales (i) 681 478 42% - - - ns Change in debt from renewable projects (partner share) - - ns 2,557 2,424 1,989 29% of which organic investments (h) 7,115 5,288 35% 343 325 169 x2 Capitalized exploration 872 381 x2.3 32 17 12 x2.7 Increase in non-current loans 93 58 60% (29) (23) (25) ns Repayment of non-current loans, excluding organic loan repayment from equity affiliates (75) (92) ns - - - ns Change in debt from renewable projects (TotalEnergies share) - - ns *Change in debt from renewable projects (TotalEnergies share and partner share). 1.2. Integrated LNG 3 rd quarter 2 nd quarter 3 rd quarter 3 rd quarter 2023 vs 9 months 9 months 9 months 2023 vs 2023 2023 2022 3 rd quarter 2022 (in millions of dollars) 2023 2022 9 months 2022 566 581 (381) ns Cash flow used in investing activities (a) 2,293 (1,043) ns - - - ns Other transactions with non-controlling interests (b) - - ns 1 - 578 -100% Organic loan repayment from equity affiliates (c) 2 1,282 -100% - - - ns Change in debt from renewable projects financing (d) * - - ns 12 6 6 100% Capex linked to capitalized leasing contracts (e) 26 19 37% - - - ns Expenditures related to carbon credits (f) - - ns 579 587 203 x2.9 Net investments (a + b + c + d + e + f = g - i + h) 2,321 258 x9 84 205 (10) ns of which net acquisitions (g - i) 1,048 (66) ns 204 224 - ns Acquisitions (g) 1,197 4 x299.3 120 19 10 x12 Asset sales (i) 149 70 x2.1 - - - ns Change in debt from renewable projects (partner share) - - ns 495 382 213 x2.3 of which organic investments (h) 1,273 324 x3.9 3 3 - ns Capitalized exploration 7 - ns 153 95 133 15% Increase in non-current loans 391 264 48% (47) (26) (156) ns Repayment of non-current loans, excluding organic loan repayment from equity affiliates (111) (592) ns - - - ns Change in debt from renewable projects (TotalEnergies share) - - ns *Change in debt from renewable projects (TotalEnergies share and partner share). 39

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Alternative Performance Measures (Non-GAAP) TotalEnergies (unaudited) 1.3. Integrated Power 3 rd quarter 2 nd quarter 3 rd quarter 3 rd quarter 2023 vs 9 months 9 months 9 months 2023 vs 2023 2023 2022 3 rd quarter 2022 (in millions of dollars) 2023 2022 9 months 2022 1,884 658 2,154 -13% Cash flow used in investing activities (a) 3,627 3,646 -1% - - - ns Other transactions with non-controlling interests (b) - - ns 4 16 3 33% Organic loan repayment from equity affiliates (c) 26 3 x8.7 43 35 8 x5.4 Change in debt from renewable projects financing (d) * 81 (356) ns 1 2 3 -67% Capex linked to capitalized leasing contracts (e) 5 3 67% - - - ns Expenditures related to carbon credits (f) - - ns 1,932 711 2,168 -11% Net investments (a + b + c + d + e + f = g - i + h) 3,739 3,296 13% 1,354 (42) 1,728 -22% of which net acquisitions (g - i) 1,831 2,367 -23% 1,622 45 1,617 - Acquisitions (g) 2,204 2,647 -17% 268 87 (111) ns Asset sales (i) 373 280 33% (43) (35) (4) ns Change in debt from renewable projects (partner share) (81) 170 ns 578 753 440 31% of which organic investments (h) 1,908 929 x2.1 - - - ns Capitalized exploration - - ns 207 182 62 x3.3 Increase in non-current loans 552 290 90% (17) (11) (8) ns Repayment of non-current loans, excluding organic loan repayment from equity affiliates (149) (34) ns - - 4 -100% Change in debt from renewable projects (TotalEnergies share) - (186) -100% *Change in debt from renewable projects (TotalEnergies share and partner share). 1.4. Refining & Chemicals 3 rd quarter 2 nd quarter 3 rd quarter 3 rd quarter 2023 vs 9 months 9 months 9 months 2023 vs 2023 2023 2022 3 rd quarter 2022 (in millions of dollars) 2023 2022 9 months 2022 310 437 236 31% Cash flow used in investing activities (a) 964 714 35% - - - ns Other transactions with non-controlling interests (b) - - ns (21) 2 (11) ns Organic loan repayment from equity affiliates (c) (33) (12) ns - - - ns Change in debt from renewable projects financing (d) * - - ns - - - ns Capex linked to capitalized leasing contracts (e) - - ns - - - ns Expenditures related to carbon credits (f) - - ns 289 439 225 28% Net investments (a + b + c + d + e + f = g - i + h) 931 702 33% (97) (15) 1 ns of which net acquisitions (g - i) (107) (33) ns - 27 - ns Acquisitions (g) 31 15 x2.1 97 42 (1) ns Asset sales (i) 138 48 x2.9 - - - ns Change in debt from renewable projects (partner share) - - ns 386 454 224 72% of which organic investments (h) 1,038 735 41% - - - ns Capitalized exploration - - ns 13 27 - ns Increase in non-current loans 51 52 -2% (9) (8) (5) ns Repayment of non-current loans, excluding organic loan repayment from equity affiliates (25) (32) ns - - - ns Change in debt from renewable projects (TotalEnergies share) - - ns *Change in debt from renewable projects (TotalEnergies share and partner share). 40

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Alternative Performance Measures (Non-GAAP) TotalEnergies (unaudited) 1.5. Marketing & Services 3 rd quarter 2 nd quarter 3 rd quarter 3 rd quarter 2023 vs 9 months 9 months 9 months 2023 vs 2023 2023 2022 3 rd quarter 2022 (in millions of dollars) 2023 2022 9 months 2022 221 228 222 ns Cash flow used in investing activities (a) 307 499 -38% - - - ns Other transactions with non-controlling interests (b) - - ns - - - ns Organic loan repayment from equity affiliates (c) - - ns - - - ns Change in debt from renewable projects financing (d) * - - ns - - - ns Capex linked to capitalized leasing contracts (e) - - ns - - - ns Expenditures related to carbon credits (f) - - ns 221 228 222 - Net investments (a + b + c + d + e + f = g - i + h) 307 499 -38% (18) (4) (7) ns of which net acquisitions (g - i) (256) (98) ns 10 7 2 x5 Acquisitions (g) 17 20 -15% 28 11 9 x3.1 Asset sales (i) 273 118 x2.3 - - - ns Change in debt from renewable projects (partner share) - - ns 239 232 229 4% of which organic investments (h) 563 597 -6% - - - ns Capitalized exploration - - ns 16 26 24 -33% Increase in non-current loans 53 68 -22% (19) (12) (20) ns Repayment of non-current loans, excluding organic loan repayment from equity affiliates (70) (62) ns - - - ns Change in debt from renewable projects (TotalEnergies share) - - ns *Change in debt from renewable projects (TotalEnergies share and partner share). 2. Reconciliation of cash flow from operating activities to CFFO 2.1. Exploration & Production 3 rd quarter 2 nd quarter 3 rd quarter 3 rd quarter 2023 vs 9 months 9 months 9 months 2023 vs 2023 2023 2022 3 rd quarter 2022 (in millions of dollars) 2023 2022 9 months 2022 4,240 4,047 9,083 -53% Cash flow from operating activities (a) 12,823 23,619 -46% (925) (317) 2,676 ns (Increase) decrease in working capital (b) (1,613) 2,549 ns - - - ns Inventory effect (c) - - ns - - - ns Capital gain from renewable project sales (d) - - ns - - (1) -100% Organic loan repayments from equity affiliates (e) - 22 -100% 5,165 4,364 6,406 -19% Cash flow from operations excluding working capital (CFFO) (f = a - b - c + d + e) 14,436 21,092 -32% 41

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Alternative Performance Measures (Non-GAAP) TotalEnergies (unaudited) 2.2. Integrated LNG 3 rd quarter 2 nd quarter 3 rd quarter 3 rd quarter 2023 vs 9 months 9 months 9 months 2023 vs 2023 2023 2022 3 rd quarter 2022 (in millions of dollars) 2023 2022 9 months 2022 872 1,332 3,449 -75% Cash flow from operating activities (a) 5,740 9,470 -39% (775) (469) 1,536 ns (Increase) decrease in working capital (b) * 212 3,656 -94% - - - ns Inventory effect (c) - - ns - - - ns Capital gain from renewable project sales (d) - - ns 1 - 578 -100% Organic loan repayments from equity affiliates (e) 2 1,282 -100% 1,648 1,801 2,492 -34% Cash flow from operations excluding working capital (CFFO) (f = a - b - c + d + e) 5,530 7,096 -22% * Changes in working capital are presented excluding the mark-to-market effect of Integrated LNG and Integrated Power sectors’ contracts. 2.3. Integrated Power 3 rd quarter 2 nd quarter 3 rd quarter 3 rd quarter 2023 vs 9 months 9 months 9 months 2023 vs 2023 2023 2022 3 rd quarter 2022 (in millions of dollars) 2023 2022 9 months 2022 1,936 2,284 941 x2.1 Cash flow from operating activities (a) 2,935 (795) ns 1,466 1,844 753 95% (Increase) decrease in working capital (b) * 1,595 (1,299) ns - - - ns Inventory effect (c) - - ns 43 35 - ns Capital gain from renewable project sales (d) 81 25 x3.3 4 16 3 33% Organic loan repayments from equity affiliates (e) 26 3 x8.7 516 491 191 x2.7 Cash flow from operations excluding working capital (CFFO) (f = a - b - c + d + e) 1,447 532 x2.7 * Changes in working capital are presented excluding the mark-to-market effect of Integrated LNG and Integrated Power sectors’ contracts. 42

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Alternative Performance Measures (Non-GAAP) TotalEnergies (unaudited) 2.4. Refining & Chemicals 3 rd quarter 2 nd quarter 3 rd quarter 3 rd quarter 2023 vs 9 months 9 months 9 months 2023 vs 2023 2023 2022 3 rd quarter 2022 (in millions of dollars) 2023 2022 9 months 2022 2,060 1,923 3,798 -46% Cash flow from operating activities (a) 3,132 8,431 -63% (125) 788 2,394 ns (Increase) decrease in working capital (b) (1,520) 908 ns 546 (192) (771) ns Inventory effect (c) (61) 951 ns - - - ns Capital gain from renewable project sales (d) - - ns (21) 2 (11) ns Organic loan repayments from equity affiliates (e) (33) (12) ns 1,618 1,329 2,164 -25% Cash flow from operations excluding working capital (CFFO) (f = a - b - c + d + e) 4,680 6,560 -29% 2.5. Marketing & Services 3 rd quarter 2 nd quarter 3 rd quarter 3 rd quarter 2023 vs 9 months 9 months 9 months 2023 vs 2023 2023 2022 3 rd quarter 2022 (in millions of dollars) 2023 2022 9 months 2022 206 665 939 -78% Cash flow from operating activities (a) 198 2,417 -92% (599) (31) 398 ns (Increase) decrease in working capital (b) (1,672) 144 ns 218 (60) (239) ns Inventory effect (c) 71 445 -84% - - - ns Capital gain from renewable project sales (d) - - ns - - - ns Organic loan repayments from equity affiliates (e) - - ns 587 756 780 -25% Cash flow from operations excluding working capital (CFFO) (f = a - b - c + d + e) 1,799 1,828 -2% 43

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Alternative Performance Measures (Non-GAAP) TotalEnergies (unaudited) 3. Reconciliation of capital employed (balance sheet) and calculation of ROACE In millions of dollars Exploration & Production Integrated LNG Integrated Power Refining & Chemicals Marketing & Services Corporate Inter-Company Company Adjusted net operating income 3rd quarter 2023 3,138 1,342 506 1,399 423 80 - 6,888 Adjusted net operating income 2nd quarter 2023 2,349 1,330 450 1,004 449 (248) - 5,334 Adjusted net operating income 1st quarter 2023 2,653 2,072 370 1,618 280 (77) - 6,916 Adjusted net operating income 4th quarter 2022 3,528 2,408 481 1,487 334 (25) - 8,213 Adjusted net operating income (a) 11,668 7,152 1,807 5,508 1,486 (270) - 27,351 Balance sheet as of September 30, 2023 Property plant and equipment intangible assets net 84,906 24,683 11,635 11,350 6,449 609 - 139,632 Investments & loans in equity affiliates 2,823 13,624 8,840 4,293 573 - - 30,153 Other non-current assets 3,473 2,874 711 722 1,124 (35) - 8,869 Inventories, net 1,542 1,768 657 14,337 4,208 - - 22,512 Accounts receivable, net 7,152 8,436 5,415 23,483 9,416 1,734 (32,038) 23,598 Other current assets 5,623 10,327 8,081 2,452 3,531 2,815 (10,577) 22,252 Accounts payable (5,860) (9,514) (5,659) (35,396) (10,972) (1,787) 31,920 (37,268) Other creditors and accrued liabilities (9,532) (12,307) (8,178) (6,803) (4,919) (6,361) 10,695 (37,405) Working capital (1,075) (1,290) 316 (1,927) 1,264 (3,598) - (6,310) Provisions and other non-current liabilities (26,342) (3,858) (1,586) (3,757) (1,207) 623 - (36,127) Assets and liabilities classified as held for sale 5,607 - 127 130 1,298 - - 7,162 Capital Employed (Balance sheet) 69,392 36,033 20,043 10,811 9,501 (2,402) - 143,378 Less inventory valuation effect - - - (1,809) (476) - - (2,285) Capital Employed at replacement cost (b) 69,392 36,033 20,043 9,002 9,025 (2,402) - 141,093 Balance sheet as of September 30, 2022 Property plant and equipment intangible assets net 86,341 24,387 6,791 10,670 7,317 570 - 136,076 Investments & loans in equity affiliates 2,874 13,525 7,694 4,228 422 - - 28,743 Other non-current assets 3,782 1,039 2,050 577 1,142 (78) - 8,512 Inventories, net 1,230 2,910 1,217 14,474 4,587 2 - 24,420 Accounts receivable, net 7,827 25,065 3,087 19,382 9,043 1,245 (37 458) 28,191 Other current assets 6,846 63,814 23,448 2,842 4,157 2,558 (30 212) 73,453 Accounts payable (5,818) (22,866) (12,466) (31,969) (12,166) (998) 37 341 (48,942) Other creditors and accrued liabilities (13,114) (65,868) (12,109) (8,438) (5,535) (5,733) 30 329 (80,468) Working capital (3,029) 3,055 3,177 (3,709) 86 (2,926) - (3,346) Provisions and other non-current liabilities (25,051) (4,264) (2,686) (3,566) (1,298) (52) - (36,917) Assets and liabilities classified as held for sale 124 - 155 - - - - 279 Capital Employed (Balance sheet) 65,041 37 742 17 181 8,200 7,669 (2,486) - 133,347 Less inventory valuation effect - - - (2,399) (528) - - (2,927) Capital Employed at replacement cost (c) 65,041 37 742 17 181 5,801 7,141 (2,486) - 130,420 ROACE as a percentage (a / average (b + c)) 17.4% 19.4% 9.7% 74.4% 18.4% 20.1% 44

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Alternative Performance Measures (Non-GAAP) TotalEnergies (unaudited) 4. Reconciliation of consolidated net income to adjusted net operating income 3 rd quarter 2 nd quarter 3 rd quarter 9 months 9 months 2023 2023 2022 (in millions of dollars) 2023 2022 6,690 4,152 6,748 Consolidated net income (a) 16,473 17,603 (305) (245) (289) Net cost of net debt (b) (843) (844) (881) (449) (2,205) Special items affecting net operating income (1,497) (11,950) - - 1,450 Gain (loss) on asset sales 203 1,450 - (5) (19) Restructuring charges (5) (41) (698) (469) (3,118) Impairments (1,227) (11,898) (183) 25 (518) Other (468) (1,461) 623 (377) (847) After-tax inventory effect : FIFO vs. replacement cost (145) 1,253 365 (111) (224) Effect of changes in fair value (180) (855) 107 (937) (3,276) Total adjustments affecting net operating income (c) (1,822) (11,552) 6,888 5,334 10,313 Adjusted net operating income (a - b - c) 19,138 29,999 45