EX-99.10 11 tm2521848d1_ex99-10.htm EXHIBIT 99.10

Exhibit 99.10

PRESS RELEASE Second quarter and first half 2025 results TotalEnergies generates $6.6 billion of cash flow during the quarter, driven by production growth of its energies, demonstrating the Company’s robustness in a lower price environment and maintains shareholder returns Paris, July 24 , 2025 – The Board of Directors of TotalEnergies SE, chaired by CEO Patrick Pouyanné, met on July 23 , 2025 , to approve the 2 nd quarter 2025 financial statements . On the occasion, Patrick Pouyanné said : “TotalEnergies delivered robust financial results in the second quarter : cash flow only decreased by 5 % to $ 6 . 6 billion despite a 10 % decrease in oil price, notably thanks to accretive hydrocarbon production growth . The Company posted adjusted net income of $ 3 . 6 billion for the quarter, resulting in first half adjusted net income of $ 7 . 8 billion . In the first half of the year TotalEnergies continued to successfully execute its balanced multi - energy strategy, supported by sustained growth in hydrocarbon and electricity production : - 2 . 53 Mboe/d of hydrocarbon production, which is an increase of more than 3 % year - on - year and benefiting notably from the start - up of the Ballymore field in the United States and Mero - 4 in Brazil, a quarter ahead of schedule - nearly 23 TWh of electricity production in the first half of 2025 , an increase of over 20 % year - on - year Exploration & Production reported adjusted net operating income of $ 2 . 0 billion and cash flow of $ 3 . 8 billion in the second quarter, benefiting from accretive project start - ups in 2024 and 2025 . Consistent with our strategy, the Company continued to actively manage its low - cost, low - emission portfolio by divesting non - operated interests in non - core projects in Nigeria and Brazil, and entering into new exploration permits in the United States, Malaysia, Indonesia, and Algeria . Integrated LNG achieved adjusted ne t operating income o f $ 1 . 0 billion a n d cash flow o f $ 1 . 2 billion this quarter, reflecting a 10 % decrease in t h e LNG selling price, in line with oil price evolution, a n d low market volatility for gas trading activities . The Company strengthened its LNG portfolio by signing a 1 . 5 Mtpa LNG offtake agreement from Rio Grande LNG Train 4 a n d taking a positioning in t h e future Ksi Lisims LNG plant located o n t h e Pacific Coast o f Canada . Integrated Power posted adjusted net operating income and cash flow of close to $ 0 . 6 billion this quarter, resulting in cash flow of $ 1 . 2 billion in the first half of 2025 , in line with the annual guidance . As part of its business model, the Company divested 50 % of a renewable asset portfolio in Portugal . Downstream delivered adjusted net operating income of $ 0 . 8 billion and cash flow of $ 1 . 5 billion, reflecting improved refining margins (but still in the context of a globally weak environment) and utilization rate . Downstream results benefitted from the positive seasonal effect of Marketing & Services activities, with stronger results year - on - year . (1) Re fer to Glossary pages 23 & 24 for the definitions and further information on alternative performance measures (Non - GAAP measures) and to page 19 and following for reconciliation tables. Change vs 1H24 1H25 Change vs 1Q25 2Q25 - 15% 13.6 - 5% 6.6 Cash flow from operations excluding working capital (CFFO) (1) (B$) - 21% 7.8 - 15% 3.6 - in billions of dollars (B$) - 18% 3.41 - 14% 1.57 - in dollars per share (fully - diluted) - 31% 6.5 - 30% 2.7 Net income (TotalEnergies share) (B$) - 11% 20.2 - 8% 9.7 Adjusted EBITDA (1) (B$) Adjusted net income (TotalEnergies share) (1) 1

2 During the first half of 2025 , net investments reached $ 11 . 6 billion, including $ 2 . 2 billion of net acquisitions, notably related to the acquisition of VSB . The Company anticipates that net investments for the full year will be within the $ 17 - 17 . 5 billion guidance range given the disposal program planned for the second half of the year . Normalized gearing ( 1 ) , which excludes seasonal effects of working capital and investment pace, is 15 % . Comforted by the Company’s ability to reach its 2025 underlying growth objective while maintaining a strong balance sheet, the Board of Directors has confirmed the distribution of the second interim dividend of 0.85 €/share for fiscal year 2025, an increase close to 7.6% compared to 2024. It also decided to continue share buybacks for up to $2 billion in the third quarter. The Board also highlighted the recent success of the Capital increase reserved for employees, which brings TotalEnergies’ employee ownership to nearly 9 % of the Company’s share capital and demonstrates their support of the Company’s strategy . ”

3 1. Highlights (2 ) Upstream Production start - up of the Mero - 4 offshore oil development, for 180,000 b/d, in Brazil Production start - up of the Ballymore offshore oil field, for 75,000 b/d, in the United States Divestment of TotalEnergies’ 12.5% non - operated interest in the Bonga field, in Nigeria Divestment of TotalEnergies’ 20% non - operated interest in Gato do Mato project to Shell in exchange for an increased 48% stake in the operated Lapa offshore field, in Brazil Acquisition of a 25% working interest in a portfolio of 40 Chevron - operated offshore exploration leases, in the United States Acquisition from Petronas of interests in multiple blocks, offshore Malaysia and Indonesia Acquisition of a 25% interest in Block 53, in Suriname Award of the Ahara Exploration license, in Algeria Downstream Announcement of the shut - down of the cracker NC2 in the Antwerp platform by 2027, in the context of over - capacity of petrochemicals in Europe Integrated LNG Signature of an agreement with NextDecade for LNG offtake of 1.5 Mt/year over 20 years from the future Train 4 of Rio Grande LNG, in Texas Signature of agreements with Western LNG for a future equity stake and LNG offtake in Ksi Lisims LNG project, in Canada Agreement between with CMA CGM to create a JV for LNG bunkering in Rotterdam, with TotalEnergies providing up to 360,000 tons of LNG per year Integrated Power Closing of the acquisition of the German renewable energy developer VSB Closing of the sale of 50% of TotalEnergies’ 604 MW renewables portfolio, in Portugal Closing of the acquisition of 50% of AES’ renewables portfolio, in the Dominican Republic Acquisition of 350 MW of solar projects and 85 MW of BESS projects, in the UK Award of a concession to develop a 1GW offshore wind farm, in Germany Signature of an agreement with RGE for the development of a solar and battery project, in Indonesia, to supply the local market and Singapore Carbon footprint reduction and low - carbon molecules Signature of an agreement for the sale of 50% of biogas leader PGB in Poland Signature of a 15 - year agreement with Quatra for the supply of 60,000 tons/yr of European used cooking oil to TotalEnergies’ biorefineries Innovation and Performance Collaboration with Mistral AI through a joint innovation lab to increase the application of AI in TotalEnergies’ multi - energy strategy (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. Key figures from TotalEnergies’ consolidated financial statements (1) (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). 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. Average € - $ exchange rate: 1.1338 in the 2 nd quarter 2025, 1.0523 in the 1 st quarter 2025, 1.0767 in the 2 nd quarter 2024, 1.0927 in the 1 st half 2025 and (4) (5) 1H25 vs 1H24 1H24 1H25 In millions of dollars, except effective tax rate, earnings per share and number of shares 2Q24 2Q25 vs 1Q25 1Q25 2Q25 - 11% 22,566 20,194 Adjusted EBITDA (1) 11,073 - 8% 10,504 9,690 - 16% 10,939 9,182 Adjusted net operating income from business segments 5,339 - 8% 4,792 4,390 - 15% 5,217 4,425 Exploration & Production 2,667 - 19% 2,451 1,974 - 2% 2,374 2,335 Integrated LNG 1,152 - 20% 1,294 1,041 - 3% 1,113 1,080 Integrated Power 502 +13% 506 574 - 57% 1,601 690 Refining & Chemicals 639 +29% 301 389 +3% 634 652 Marketing & Services 379 +72% 240 412 +13% 1,257 1,417 Contribution of equity affiliates to adjusted net income 636 - 2% 715 702 39.0% 41.4% Effective tax rate (3) 40.4% 41.4% 41.5% - 21% 9,784 7,770 Adjusted net income (TotalEnergies share) (1) 4,672 - 15% 4,192 3,578 - 18% 4.14 3.41 Adjusted fully - diluted earnings per share (dollars) (4) 1.98 - 14% 1.83 1.57 - 18% 3.82 3.12 Adjusted fully - diluted earnings per share (euros) (5) 1.85 - 21% 1.74 1.38 - 4% 2,333 2,236 Fully - diluted weighted - average shares (millions) 2,328 - 1% 2,246 2,224 - 31% 9,508 6,538 Net income (TotalEnergies share) 3,787 - 30% 3,851 2,687 +10% 8,482 9,320 Organic investments (1) 4,410 +7% 4,501 4,819 (280) ns 2,233 Acquisitions net of assets sales (1) 220 x4.3 420 1,813 +41% 8,202 11,553 Net investments (1) 4,630 +35% 4,921 6,632 - 15% 15,945 13,610 Cash flow from operations excluding working capital (CFFO) (1) 7,777 - 5% 6,992 6,618 - 12% 16,207 14,220 Debt Adjusted Cash Flow (DACF) (1) 7,895 - 5% 7,276 6,943 - 24% 11,176 8,523 Cash flow from operating activities 9,007 x2.3 2,563 5,960 Gearing (1) of 17.9% at June 30, 2025 vs 14.3% at March 31, 2025 and 10.2% at June 30, 2024 1.0813 in the 1 st half 2024 4

resale to non - end users (e.g. traded) is optional, TotalEnergies does not report emissions associated with trading activities. 5 3. Key figures of environment, greenhouse gas emissions and production 1. Environment – liquids and gas price realizations, refining margins 3.2 Greenhouse gas emissions (11) Estimated quarterly emissions. Scope 1+2 emissions from operated installations were down 5% quarter - to - quarter given lower gas - fired power plants utilization rate. First half 2025 Scope 3 (13) Category 11 emissions are estimated to be about 170 Mt CO 2 e . (6 ) (7) (8) (9) Does not include oil, gas and LNG trading activities, respectively. Sales in $ / Sales in volume for consolidated affiliates. Sales in $ / Sales in volume for consolidated affiliates. Sales in $ / Sales in volume for consolidated and equity affiliates. ( 10 ) This market indicator for European refining, calculated based on public market prices ( $ /t), uses a basket of crudes, petroleum product yields and variable costs representative of the European refining system of TotalEnergies . ( 11 ) The six greenhouse gases in the Kyoto protocol, namely CO 2 , CH 4 , N 2 O, HFCs, PFCs and SF 6 , with their respective 100 - year time horizon GWP (Global Warming Potential) as described in the 2021 IPCC report . HFCs, PFCs and SF 6 are virtually absent from the Company’s emissions or are considered as non - material and are therefore no longer counted with effect from 2018 . In CO 2 equivalent terms, nitrous oxide (N 2 O) represents less than 1 % of the Company's Scope 1 + 2 emissions . ( 12 ) Scope 1 + 2 GHG emissions are defined as the sum of direct emissions of GHG from sites or activities that are included in the scope of reporting and indirect emissions attributable to brought - in energy (electricity, heat, steam), net from potential energy sales, excluding purchased industrial gases (H 2 ) . Unless stated otherwise, TotalEnergies reports Scope 2 GHG emissions using the market - based method defined by the GHG Protocol . ( 13 ) If not stated otherwise, TotalEnergies reports Scope 3 GHG emissions, category 11 , which correspond to indirect GHG emissions related to the direct use phase emissions of sold products over their expected lifetime (i . e . , the scope 1 and scope 2 emissions of end users that occur from the combustion of fuels) in accordance with the definition of the GHG Protocol Corporate Value Chain (Scope 3 ) Accounting and Reporting Standard Supplement . 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 and gas value chains, i . e . the higher of the two production volumes or sales for end use . For TotalEnergies, in 2025 , the calculation of Scope 3 GHG emissions for the oil value chain considers products sales (higher than production) and for the gas value chain, the marketable gas and condensates production (higher than gas sales, either as LNG or as direct sales to B 2 B/B 2 C customers) . A stoichiometric emission factor (oxidation of molecules to carbon dioxide) is applied to these sales or production to obtain an emission volume . In accordance with the Technical Guidance for Calculating Scope 3 Emissions Supplement to the Corporate Value Chain (Scope 3 ) Accounting and Reporting Standard which defines end users as both consumers and business customers that use final products, and with IPIECA’s Estimating petroleum industry value chain (Scope 3 ) greenhouse gas emissions guidelines, under which reporting of emissions from fuel purchased for 1H25 vs 1H24 1H24 1H25 2Q25 1Q25 vs 2Q24 1Q25 2Q25 - 15% 84.1 71.9 Brent ($/b) 75.7 - 10% 85.0 67.9 +66% 2.2 3.7 Henry Hub ($/Mbtu) 3.9 - 9% 2.3 3.5 +40% 9.4 13.2 TTF ($/Mbtu) 14.4 - 18% 10.0 11.9 +28% 10.3 13.1 JKM ($/Mbtu) 14.1 - 13% 11.2 12.2 - 14% 79.9 68.7 Average price of liquids (6),(7) ($/b) Consolidated subsidiaries 72.2 - 9% 81.0 65.6 +21% 5.08 6.13 Average price of gas (6),(8) ($/Mbtu) Consolidated subsidiaries 6.60 - 15% 5.05 5.63 +1% 9.46 9.55 Average price of LNG (6),(9) ($/Mbtu) Consolidated subsidiaries and equity affiliates 10.00 - 9% 9.32 9.10 - 44% 58.3 32.4 European Refining Margin Marker (ERM) (6),(10) ($/t) 29.4 +20% 44.9 35.3 1H25 2Q25 vs 1H24 1H25 Scope 1+2 emissions (12) (MtCO 2 e) 2Q24 1Q25 vs 2Q25 1H24 1Q25 +3% 15.9 16.4 Scope 1+2 from operated facilities (1) 7.7 8.4 - 5% 8.0 +1% 14.1 14.3 of which Oil & Gas 7.0 7.2 - 1% 7.1 +17% 1.8 2.1 of which CCGT 0.7 1.2 - 25% 0.9 +2% 21.2 21.7 Scope 1+2 - ESRS share (1) 10.3 11.1 - 5% 10.6 1H25 vs 1H24 1H24 1H25 Methane emissions (ktCH 4 ) 2Q24 2Q25 vs 1Q25 1Q25 2Q25 - 27% 15 11 Methane emissions from operated facilities (1) 7 - 6 6

6 3.3 Production (14 ) Hydrocarbon production was 2,503 thousand barrels of oil equivalent per day in the second quarter 2025, up 2.5% year - on - year, and was comprised of: +5.5% due to start - ups and ramp - ups, including Mero - 2, Mero - 3 and Mero - 4 in Brazil, Fenix in Argentina, Tyra in Denmark, and Anchor and Ballymore in the United States, - 2.5% mainly due to more planned maintenance this quarter, +2.0% due to a portfolio effect related to the acquisitions of SapuraOMV in Malaysia and interests in the Eagle Ford shale gas plays in Texas and to a price effect, - 2.5% due to the natural field declines. (1 4) Company production = E&P production + Integrated LNG production. 1H25 vs 1H24 1H24 1H25 Hydrocarbon production 2Q24 2Q25 vs 1Q25 1Q25 2Q25 +3% 2,451 2,531 Hydrocarbon production (kboe/d) 2,441 - 2% 2,558 2,503 +2% 1,320 1,349 Oil (including bitumen) (kb/d) 1,318 - 1% 1,355 1,343 +4% 1,131 1,182 Gas (including condensates and associated NGL) (kboe/d) 1,123 - 4% 1,203 1,160 +3% 2,451 2,531 Hydrocarbon production (kboe/d) 2,441 - 2% 2,558 2,503 +2% 1,480 1,511 Liquids (kb/d) 1,477 - 1% 1,516 1,506 +6% 5,215 5,524 Gas (Mcf/d) 5,180 - 5% 5,655 5,395

7 4. Analysis of business segments 1. Exploration & Production 1. Production 4.1.2 Results Adjusted net operating income was $1,974 million, down $480 million quarter - to - quarter, reflecting for 400 M$ the sensitivities linked to the changing environment (average liquids price down $7/b compared to the first quarter). Cash flow from operations excluding working capital (CFFO) was $3,760 million, down $530 million quarter - to - quarter, reflecting the sensitivities linked to the changing environment. (1 5) 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). 1H25 vs 1H24 1H24 1H25 Hydrocarbon production 2Q24 2Q25 vs 1Q25 1Q25 2Q25 +1% 1,956 1,966 EP (kboe/d) 1,943 - 1% 1,976 1,956 +2% 1,416 1,440 Liquids (kb/d) 1,413 - 1,442 1,437 - 3% 2,883 2,807 Gas (Mcf/d) 2,829 - 3% 2,848 2,767 1H25 vs 1H24 1H24 1H25 In millions of dollars, except effective tax rate 2Q24 2Q25 vs 1Q25 1Q25 2Q25 - 15% 5,217 4,425 Adjusted net operating income 2,667 - 19% 2,451 1,974 - 7% 352 326 including adjusted income from equity affiliates 207 +17% 150 176 47.7% 49.7% Effective tax rate (15) 46.9% 49.4% 50.1% +24% 4,626 5,737 Organic investments (1) 2,585 +14% 2,684 3,053 x3 93 278 Acquisitions net of assets sales (1) 57 +40% 116 162 +27% 4,719 6,015 Net investments (1) 2,642 +15% 2,800 3,215 - 9% 8,831 8,051 (1) Cash flow from operations excluding working capital (CFFO) 4,353 - 12% 4,291 3,760 - 15% 8,125 6,941 Cash flow from operating activities 4,535 +13% 3,266 3,675

8 2. Integrated LNG 1. Production * The Company’s equity production may be sold by TotalEnergies or by the joint ventures. Hydrocarbon production for LNG was down 6% this quarter compared to the first quarter 2025, notably due to scheduled maintenance at Snøhvit in Norway and Malaysia LNG, which impacted SK408 production. Quarterly LNG sales were stable. 4.2.2 Results * Sales in $ / Sales in volume for consolidated and equity affiliates. Does not include LNG trading activities. Adjusted net operating income for Integrated LNG was $1,041 million, down 20% this quarter primarily due to a lower average LNG selling price reflecting oil price evolution and low market volatility for gas trading activities. Cash flow from operations excluding working capital (CFFO) was $1,159 million, down 7% reflecting a lower average LNG selling price. 1H25 2Q25 vs 1H24 1H25 Hydrocarbon production for LNG 2Q24 vs 1Q25 2Q25 1H24 1Q25 +14% 495 565 Integrated LNG (kboe/d) 498 - 6% 582 547 +12% 64 71 Liquids (kb/d) 64 - 7% 74 69 +17% 2,332 2,717 Gas (Mcf/d) 2,351 - 6% 2,807 2,628 1H25 vs 1H24 1H24 1H25 Liquefied Natural Gas in Mt 2Q24 2Q25 1Q25 vs 1Q25 2Q25 +9% 19.5 21.2 Overall LNG sales 8.8 10.6 - 1% 10.6 +1% 7.8 7.9 incl. Sales from equity production* incl. Sales by TotalEnergies from equity production and third party purchases 3.6 7.6 4.0 - 3% 9.4 - 3.9 +11% 16.9 18.8 9.4 1H25 vs 1H24 1H24 1H25 In millions of dollars, except the average price of LNG 2Q24 2Q25 1Q25 vs 1Q25 2Q25 +1% 9.46 9.55 Average price of LNG ($/Mbtu) * Consolidated subsidiaries and equity affiliates 9.32 10.00 - 9% 9.10 - 2% 2,374 2,335 Adjusted net operating income 1,152 - 20% 1,294 1,041 +15% 915 1,048 including adjusted income from equity affiliates 421 - 4% 535 513 +28% 1,164 1,495 Organic investments (1) 624 - 1% 752 743 +34% 186 250 Acquisitions net of assets sales (1) 198 - 21% 140 110 +29% 1,350 1,745 Net investments (1) 822 - 4% 892 853 - 6% 2,568 2,408 (1) Cash flow from operations excluding working capital (CFFO) 1,220 - 7% 1,249 1,159 +7% 2,141 2,282 Cash flow from operating activities 431 - 69% 1,743 539

9 3. Integrated Power 1. Productions, capacities, clients and sales * Solar, wind, hydroelectric and gas flexible capacities. ** End of period data. *** Includes 19.25% of Adani Green Energy Ltd’s gross capacity, 50% of Clearway Energy Group’s gross capacity and 49% of Casa dos Ventos’ gross capacity. Net power production increased by 28% year - on - year to 11.6 TWh, driven by growth in renewable energy production and the acquisition of flexible gas capacities in the United Kingdom in 2024. Gross installed renewable power generation capacity reached 30.2 GW at the end of the second quarter of 2025, up 26% year - on - year, i.e. a 6.2 GW increase. 4.3.2 Results Adjusted net operating income for Integrated Power was $ 574 million and cash flow from operations excluding working capital (CFFO) reached $ 562 million in the second quarter of 2025 , leading to cash flow from operations excluding working capital (CFFO) of $ 1 . 2 billion for the first half of the year, in line with the annual guidance . 1H25 2Q25 vs 1H24 1H25 Integrated Power 2Q24 1Q25 vs 2Q25 1H24 1Q25 +23% 18.6 22.9 Net power production (TWh) * 9.1 11.3 +2% 11.6 +18% 12.8 15.2 o/w production from renewables 6.8 6.8 +23% 8.4 +33% 5.8 7.7 o/w production from gas flexible capacities 2.2 4.5 - 29% 3.2 +22% 19.6 24.0 Portfolio of power generation net installed capacity (GW) ** 19.6 22.7 +5% 24.0 +26% 13.8 17.4 o/w renewables 13.8 16.2 +7% 17.4 +13% 5.8 6.5 o/w gas flexible capacities 5.8 6.5 - 6.5 +19% 87.4 104.1 Portfolio of renewable power generation gross capacity (GW) **,*** 87.4 97.5 +7% 104.1 +26% 24.0 30.2 o/w installed capacity 24.0 27.8 +9% 30.2 6.0 +1% 6.0 Clients power - BtB and BtC (Million) ** 6.0 6.0 - 6.0 2.8 - 2.7 Clients gas - BtB and BtC (Million) ** 2.8 2.8 - 2.7 - 4% 26.0 25.0 Sales power - BtB and BtC (TWh) 11.1 14.5 - 27% 10.5 - 7% 54.6 50.6 Sales gas - BtB and BtC (TWh) 18.9 35.7 - 58% 14.9 1H25 1H24 vs 1H24 1H25 In millions of dollars 2Q24 2Q25 vs 1Q25 1Q25 2Q25 1,113 - 3% 1,080 Adjusted net operating income 502 +13% 506 574 (4) ns 66 including adjusted income from equity affiliates 35 - 50% 44 22 - 31% 1,539 1,066 Organic investments (1) 596 - 35% 645 421 x2.8 647 1,806 Acquisitions net of assets sales (1) (88) x6.6 238 1,568 +31% 2,186 2,872 Net investments (1) 508 x2.3 883 1,989 - 12% 1,315 1,159 Cash flow from operations excluding working capital (CFFO) (1) 623 597 - 6% 562 - 71% 1,398 400 Cash flow from operating activities 1,647 (399) ns 799

10 4. Downstream (Refining & Chemicals and Marketing & Services) 1. Results 5. Refining & Chemicals 1. Refinery and petrochemicals throughput and utilization rates * Based on distillation capacity at the beginning of the year, excluding the African refinery SIR (divested) from 3 rd quarter 2024 and the African refinery Natref (divested) during the 4 th quarter 2024. * Olefins. ** Based on olefins production from steam crackers and their treatment capacity at the start of the year, excluding Lavera (divested) from 2 nd quarter 2024. Refinery throughput was up 3% quarter - on - quarter. Petrochemicals output was down 7% for monomers and down 4% for polymers, mainly due to planned maintenance on the Normandie platform and to weak demand in Europe. 1H25 vs 1H24 1H24 1H25 In millions of dollars 2Q24 2Q25 vs 1Q25 1Q25 2Q25 - 40% 2,235 1,342 Adjusted net operating income 1,018 +48% 541 801 - 16% 1,088 918 Organic investments (1) 568 386 +38% 532 ns (1,202) (102) Acquisitions net of assets sales (1) 56 (75) ns (27) (114) ns 816 Net investments (1) 624 311 +62% 505 - 27% 3,546 2,600 (1) Cash flow from operations excluding working capital (CFFO) 1,776 +33% 1,117 1,483 - 90% 954 100 Cash flow from operating activities 3,191 ns (1,415) 1,515 1H25 vs 1H24 1H24 1H25 Refinery throughput and utilization rate 2Q24 2Q25 vs 1Q25 1Q25 2Q25 +7% 1,468 1,569 Total refinery throughput (kb/d) 1,511 +3% 1,549 1,589 +11% 406 449 France 430 +7% 435 463 - 627 629 Rest of Europe 636 +1% 627 632 +13% 435 491 Rest of world 446 +1% 487 494 82% 89% Utilization rate based on crude only* 84% 87% 90% 1H25 vs 1H24 1H24 1H25 Petrochemicals production and utilization rate 2Q24 2Q25 vs 1Q25 1Q25 2Q25 - 5% 2,535 2,414 Monomers* (kt) 1,248 - 7% 1,250 1,164 +5% 2,185 2,300 Polymers (kt) 1,109 - 4% 1,173 1,127 76% 76% Steam cracker utilization rate** 79% 78% 74%

11 4.5.2 Results * This market indicator for European refining, calculated based on public market prices ($/t), uses a basket of crudes, petroleum product yields and variable costs representative of the European refining system of TotalEnergies. Does not include oil trading activities. Adjusted net operating income was $389 million in the second quarter 2025, up 29% quarter - to - quarter, reflecting a slightly better level of refining margins and utilization rate. Cash flow from operations excluding working capital (CFFO) was $ 772 million, up 22% quarter - to - quarter for the same reasons. 6. Marketing & Services 1. Petroleum product sales * Excludes trading and bulk refining sales. Sales of petroleum products are up 5% quarter - to - quarter due to the seasonality of transport markets in Europe. 4.6.2 Results Marketing & Services adjusted net operating income was $412 million in the second quarter of 2025, up 72% quarter - on - quarter benefiting from a seasonal effect and the increase of unit margins. Cash flow from operations excluding working capital (CFFO) was $711 million, up 47% quarter - to - quarter for the same reasons. 1H25 vs 1H24 1H24 1H25 In millions of dollars, except ERM 2Q24 2Q25 1Q25 vs 1Q25 2Q25 - 44% 58.3 32.4 European Refining Margin Marker (ERM) ($/t) * 44.9 29.4 +20% 35.3 - 57% 1,601 690 Adjusted net operating income 639 +29% 301 389 - 29% 801 569 Organic investments (1) 382 236 +41% 333 (115) ns (24) Acquisitions net of assets sales (1) (95) - ns (24) - 21% 686 545 Net investments (1) 287 236 +31% 309 2,408 - 42% 1,405 (1) Cash flow from operations excluding working capital (CFFO) 1,117 +22% 633 772 (588) ns (1,096) Cash flow from operating activities 1,541 ns (1,983) 887 1H25 2Q25 vs 1H24 1H25 Sales in kb/d* 2Q24 vs 1Q25 2Q25 1H24 1Q25 - 3% 1,338 1,295 Total Marketing & Services sales 1,363 +5% 1,266 1,324 +1% 744 753 Europe 773 +11% 714 790 - 9% 594 543 Rest of world 591 - 3% 551 534 1H25 vs 1H24 1H24 1H25 In millions of dollars 2Q24 2Q25 vs 1Q25 1Q25 2Q25 +3% 634 652 Adjusted net operating income 379 +72% 240 412 +22% 287 349 Organic investments (1) 186 150 +33% 199 ns (1,087) (78) Acquisitions net of assets sales (1) 151 (75) ns (3) ns (800) 271 Net investments (1) 337 75 x2.6 196 +5% 1,138 1,195 Cash flow from operations excluding working capital (CFFO) (1) 659 +47% 484 711 - 22% 1,542 1,196 Cash flow from operating activities 1,650 +11% 568 628

12 5. TotalEnergies results 1. Adjusted net operating income from business segments Adjusted net operating income from business segments was $4,390 million in the second quarter of 2025, compared to $4,792 million in the first quarter, primarily due to lower oil and gas prices. 2. Adjusted net income (1) (TotalEnergies share) TotalEnergies’ adjusted net income was $3,578 million in the second quarter of 2025 versus $4,192 million in the first quarter, for the same reasons. Adjusted net income excludes the after - tax inventory effect, special items and the impact of changes in fair value. Adjustments to net income were ($0.9) billion in the second quarter of 2025, consisting mainly of: ($0.6) billion of changes in fair value and stock variation, ($0.2) billion of exceptional provisions and depreciations, mainly linked to the Antwerp platform reconfiguration for the Refining & Chemicals business. TotalEnergies’ average tax rate was stable at 41.5% in the second quarter of 2025 versus 41.4% in the first quarter of 2025. 3. Adjusted earnings per share Adjusted fully - diluted earnings per share were: $1.57 in the second quarter 2025, based on 2,224 million weighted average diluted shares, compared to $1.83 in the first quarter 2025, $3.41 in the first half 2025, based on 2,236 million weighted average diluted shares, compared to $4.14 a year ago. As of June 30, 2025, the number of diluted shares was 2,220 million. TotalEnergies repurchased*: 28.5 million shares in the second quarter 2025, for $1.7 billion, 62 million shares in the first half 2025, for $3.7 billion. 4. Acquisitions – asset sales Acquisitions were : $ 2 , 106 million in the second quarter of 2025 , notably related to the finalization of the VSB acquisition and the acquisition of a renewable asset portfolio in the Dominican Republic, $ 2 , 942 million in the first half of 2025 , notably related to the above items, as well as the acquisitions of an additional 10 % interest in the Moho field in Congo, of SN Power and of renewable projects in Canada . Divestments were: $293 million in the second quarter of 2025, notably related to the sale of 50% of a renewable asset portfolio in Portugal, $709 million in the first half of 2025, notably related to the above items, as well as the divestment of interests in the Nkossa and Nsoko II permits in Congo and fuel distribution activities in Brazil. * Including coverage of employees share grant plans.

13 5. Net cash flow (1) TotalEnergies' net cash flow in the second quarter of 2025 was ( $ 14 ) million, down from $ 2 , 071 million the previous quarter, due to a $ 374 million decrease in CFFO and a $ 1 , 711 million increase in net investments over the quarter, reaching $ 6 , 632 million . 2025 second quarter cash flow from operating activities was $ 5 , 960 million versus CFFO of $ 6 , 618 million and was impacted by a $ 0 . 5 billion increase in working capital requirements, mainly due to the unfavorable effect of declining prices on tax liabilities and the payment during the quarter for the capital gain tax from divesting the German distribution networks to Alimentation Couche - Tard . This was partially offset by the seasonal effect on gas and electricity supply activities in Europe . 6. Profitability Return on equity was 14 . 1 % for the twelve months ended June 30 , 2025 . July 1, 2024 April 1, 2024 July 1, 2023 In millions of dollars Return on average capital employed (1) was 12.4% for the twelve months ended June 30, 2025. July 1, 2024 April 1, 2024 July 1, 2023 In millions of dollars 6. TotalEnergies SE statutory accounts Net income for TotalEnergies SE, the parent company, amounted to € 4,098 million in the second quarter of 2025, compared to € 3,726 million in the first quarter. 7. Annual 2025 Sensitivities (16) Estimated impact on cash flow from operations Estimated impact on adjusted net operating income Change ~0 B$ - /+ 0.1 B$ +/ - 0.1 $ per € Dollar +/ - 2.8 B$ +/ - 2.3 B$ +/ - 10 $/b Average liquids price (17) +/ - 0.4 B$ +/ - 0.4 B$ +/ - 2 $/Mbtu European gas price - TTF +/ - 0.5 B$ +/ - 0.4 B$ +/ - 10 $/t European Refining Margin Marker (ERM) ( 1 6 ) 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 2025 . 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 70 - 80 $ /b Brent environment . June 30, 2024 March 31, 2025 June 30, 2025 21,769 17,636 16,535 Adjusted net income (TotalEnergies share) (1) 116,286 116,758 117,441 Average adjusted shareholders' equity 18.7% 15.1% 14.1% Return on equity (ROE) June 30, 2024 March 31, 2025 June 30, 2025 23,030 19,125 18,184 Adjusted net operating income (1) 138,776 144,629 146,456 Average capital employed (1) 16.6% 13.2% 12.4% ROACE (1)

14 8. Outlook In an unstable geopolitical and macroeconomic environment (tariff war), oil markets remain volatile with prices fluctuating between $ 60 and $ 70 /b . The market is facing an abundant supply that is fueled by OPEC+'s decision to unwind some voluntary production cuts and weak demand that is linked to the slowdown in global economic growth . Refining and petrochemical margins are similarly facing structural overcapacity given persistently weak demand . However, due to traditionally stronger summer demand (driving season), refining margins are above $ 50 /ton at the start of the third quarter of 2025 . Forward European gas prices remain sustained around $ 12 /Mbtu for the third quarter of 2025 and winter 2025 / 26 due to European stock replenishment . Given the evolution of oil and gas prices in recent months and the lag effect on pricing formulas, TotalEnergies anticipates an average LNG selling price of $ 9 to $ 9 . 5 /Mbtu for the third quarter of 2025 . Hydrocarbon production in the third quarter of 2025 is expected to increase by over 3 % compared to the third quarter of 2024 , which is in line with the Company's annual objective of over 3 % production growth in 2025 compared to 2024 . Taking into account scheduled maintenance at Antwerp, Port Arthur and HTC, utilization rates should be around 80 % to 85 % in the third quarter . The Company anticipates that net investments for the full year will be within the $ 17 - 17 . 5 billion guidance range given the disposal program planned for the second half of the year . * * * * To listen to the conference call with Chairman & CEO Patrick Pouyanné and CFO Jean - Pierre Sbraire today at 1 : 00 pm (Paris time), please log on to totalenergies . com or dial + 33 ( 0 ) 1 70 91 87 04 , + 44 ( 0 ) 12 1281 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: Investor Relations: +33 (0)1 47 44 46 99 l presse@totalenergies.co m l @TotalEnergiesPR +33 (0)1 47 44 46 46 l ir@totalenergies.com

15 9. Operating information by segment 1. Company’s production (Exploration & Production + Integrated LNG) 1H25 vs 1H24 1H24 1H25 Combined liquids and gas production by region (kboe/d) 2Q24 2Q25 vs 1Q25 1Q25 2Q25 - 3% 566 547 Europe 561 - 9% 571 522 - 7% 456 424 Africa 449 - 424 424 +4% 820 849 Middle East and North Africa 825 - 849 850 +21% 355 430 Americas 358 +3% 424 436 +10% 254 281 Asia - Pacific 248 - 6% 290 271 +3% 2,451 2,531 Total production 2,441 - 2% 2,558 2,503 +8% 352 382 includes equity affiliates 359 - 4% 390 374 1H25 vs 1H24 1H24 1H25 Liquids production by region (kb/d) 2Q24 2Q25 vs 1Q25 1Q25 2Q25 - 7% 225 209 Europe 225 - 6% 216 203 - 5% 328 310 Africa 325 - 1% 312 309 +3% 656 677 Middle East and North Africa 660 - 1% 680 673 +24% 168 210 Americas 167 +8% 202 217 +2% 103 105 Asia - Pacific 100 - 2% 106 104 +2% 1,480 1,511 Total production 1,477 - 1% 1,516 1,506 +6% 152 161 includes equity affiliates 150 - 3% 163 158 1H25 vs 1H24 1H24 1H25 Gas production by region (Mcf/d) 2Q24 2Q25 vs 1Q25 1Q25 2Q25 - 1% 1,841 1,819 Europe 1,814 - 10% 1,920 1,720 - 10% 634 573 Africa 620 +2% 567 579 +5% 900 947 Middle East and North Africa 904 +6% 920 973 +19% 1,032 1,225 Americas 1,061 - 2% 1,237 1,214 +19% 808 960 Asia - Pacific 781 - 10% 1,011 909 +6% 5,215 5,524 Total production 5,180 - 5% 5,655 5,395 +11% 1,085 1,205 includes equity affiliates 1,127 - 5% 1,237 1,173

16 9.2 Downstream (Refining & Chemicals and Marketing & Services) * Olefins, polymers. 1H25 vs 1H24 1H24 1H25 Petroleum product sales by region (kb/d) 2Q24 2Q25 vs 1Q25 1Q25 2Q25 - 1% 1,807 1,790 Europe 1,840 +14% 1,677 1,904 +7% 575 617 Africa 558 - 618 616 +5% 1,011 1,065 Americas 989 - 2% 1,073 1,057 +33% 675 901 Rest of world 639 - 9% 945 856 +7% 4,068 4,373 Total consolidated sales 4,026 +3% 4,313 4,432 - 9% 399 362 Includes bulk sales 397 +10% 344 379 +16% 2,331 2,716 Includes trading 2,266 +1% 2,703 2,729 1H25 vs 1H24 1H24 1H25 Petrochemicals production* (kt) 2Q24 2Q25 vs 1Q25 1Q25 2Q25 - 4% 1,890 1,816 Europe 900 - 15% 984 832 +3% 1,401 1,444 Americas 756 +8% 694 750 +2% 1,430 1,454 Middle East and Asia 702 - 5% 745 709

3. Integrated Power 1. Net power production 9.3.2 Installed power generation net capacity Total Others Gas Offshore Wind Onshore Wind Solar Total Others Gas Offshore Wind Onshore Wind Solar Net power production (TWh) 2.2 0.0 1.9 - 0.2 0.1 1.0 0.0 0.5 - 0.2 0.2 France 2.6 0.1 1.6 0.3 0.6 0.1 2.0 0.1 1.0 0.2 0.5 0.2 Rest of Europe 0.1 0.0 - - - 0.0 0.1 0.1 - - - 0.0 Africa 0.4 - 0.2 - - 0.2 0.5 - 0.3 - - 0.3 Middle East 2.1 - 0.9 - 0.5 0.7 3.3 - 1.4 - 0.6 1.3 North America 0.9 - - - 0.8 0.2 1.0 - - - 0.9 0.1 South America 2.5 - - - 0.3 2.2 3.1 - - - 0.6 2.5 India 0.5 - - 0.2 0.0 0.3 0.5 - - 0.1 0.0 0.4 Pacific Asia 11.3 0.1 4.5 0.5 2.4 3.8 11.6 0.2 3.2 0.3 2.8 5.1 Total 2Q25 1Q25 Total Others Gas Offshore Wind Onshore Wind Solar Total Others Gas Offshore Wind Onshore Wind Solar Installed power generation net capacity (GW) (18) 4.0 0.2 2.7 - 0.4 0.8 4.2 0.2 2.7 - 0.5 0.8 France 4.1 0.2 2.1 0.3 1.0 0.6 4.0 0.2 2.1 0.3 1.0 0.5 Rest of Europe 0.1 0.1 - - - 0.0 0.1 0.1 - - - 0.0 Africa 0.8 - 0.3 - - 0.4 0.8 - 0.3 - - 0.5 Middle East 5.1 0.3 1.5 - 0.8 2.5 5.5 0.4 1.5 - 0.9 2.8 North America 1.3 - - - 0.9 0.4 1.4 - - - 1.0 0.4 South America 6.1 - - - 0.6 5.5 6.6 - - - 0.6 6.0 India 1.3 - - 0.2 0.0 1.1 1.3 - - 0.2 0.0 1.1 Pacific Asia 22.7 0.7 6.5 0.5 3.8 11.2 24.0 0.8 6.5 0.5 4.0 12.2 Total 2Q25 1Q25 (20) End - of - period data. 17

9.3.3 Power generation gross capacity from renewables (1 9) Includes 19.25% of the gross capacities of Adani Green Energy Limited, 50% of Clearway Energy Group and 49% of Casa dos Ventos. Total Other Offshore Wind Onshore Wind Solar Total Other Offshore Wind Onshore Wind Solar Installed power generation gross capacity from renewables (GW) (19),(20) 2.1 0.2 0.0 0.7 1.2 2.3 0.2 0.0 0.9 1.3 France 3.2 0.3 1.1 1.3 0.6 3.5 0.3 1.1 1.5 0.6 Rest of Europe 0.4 0.3 0.0 0.0 0.1 0.4 0.3 0.0 0.0 0.1 Africa 1.2 0.0 0.0 0.0 1.2 1.3 0.0 0.0 0.0 1.3 Middle East 8.4 0.7 0.0 2.2 5.6 9.3 0.8 0.0 2.3 6.1 North America 1.8 0.0 0.0 1.4 0.4 1.9 0.0 0.0 1.5 0.4 South America 8.4 0.0 0.0 0.6 7.7 9.2 0.0 0.0 0.6 8.5 India 2.3 0.0 0.6 0.0 1.7 2.4 0.0 0.6 0.0 1.7 Asia - Pacific 27.8 1.4 1.8 6.2 18.4 30.2 1.6 1.8 6.8 20.0 Total 1Q25 2Q25 Total Other Offshore Wind Onshore Wind Solar Total Other Offshore Wind Onshore Wind Solar Power generation gross capacity from renewables in construction (GW) (19),(20) 0.3 0.0 0.0 0.0 0.3 0.4 0.0 0.0 0.1 0.3 France 1.8 0.3 0.8 0.1 0.5 1.9 0.3 0.8 0.2 0.5 Rest of Europe 0.7 0.1 0.0 0.1 0.4 0.7 0.1 0.0 0.1 0.5 Africa 1.7 0.0 0.0 0.2 1.5 2.0 0.0 0.0 0.2 1.7 Middle East 1.9 0.5 0.0 0.0 1.3 1.7 0.5 0.0 0.0 1.2 North America 1.1 0.2 0.0 0.5 0.4 1.4 0.2 0.0 0.4 0.9 South America 2.2 0.0 0.0 0.0 2.2 1.6 0.0 0.0 0.0 1.6 India 0.1 0.0 0.0 0.0 0.1 0.1 0.0 0.0 0.0 0.1 Asia - Pacific 9.9 1.2 0.8 1.1 6.7 9.8 1.2 0.8 1.1 6.7 Total 1Q25 2Q25 Total Other Offshore Wind Onshore Wind Solar Total Other Offshore Wind Onshore Wind Solar Power generation gross capacity from renewables in development (GW) (19),(20) 1.3 0.1 0.0 0.3 0.9 1.6 0.0 0.0 0.5 1.0 France 20.9 2.5 13.3 0.6 4.6 25.3 2.9 14.3 1.7 6.4 Rest of Europe 0.7 0.0 0.0 0.2 0.5 0.7 0.0 0.0 0.2 0.5 Africa 0.8 0.0 0.0 0.0 0.8 0.6 0.0 0.0 0.0 0.6 Middle East 22.1 4.4 4.1 3.0 10.6 23.3 4.6 4.1 3.7 10.9 North America 3.1 0.0 0.0 1.4 1.7 2.6 0.0 0.0 1.4 1.2 South America 2.4 0.0 0.0 0.1 2.3 2.1 0.0 0.0 0.1 2.0 India 8.5 1.1 3.0 1.1 3.4 7.9 1.1 2.6 1.1 3.2 Asia - Pacific 59.8 8.1 20.4 6.6 24.8 64.1 8.6 21.0 8.6 25.8 Total 2Q25 1Q25 (20) End - of - period data. 18

19 10. Alternative Performance Measures (Non - GAAP measures) 1. Adjustment items to net income (TotalEnergies share) 1H24 1H25 In millions of dollars 2Q24 1Q25 2Q25 9,508 6,538 Net income (TotalEnergies share) 3,787 3,851 2,687 531 (448) Special items affecting net income (TotalEnergies share) (274) (108) (340) 1,397 - Gain (loss) on asset sales (110) - - (11) - Restructuring charges (11) - - (644) (209) Impairments - - (209) (211) (239) Other (153) (108) (131) (196) (346) After - tax inventory effect : FIFO vs. replacement cost (320) (78) (268) (611) (438) Effect of changes in fair value (291) (155) (283) (276) (1,232) Total adjustments affecting net income (885) (341) (891) 9,784 7,770 Adjusted net income (TotalEnergies share) 4,672 4,192 3,578

2. Reconciliation of adjusted EBITDA with consolidated financial statements 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) 1H25 2Q25 vs 1H24 1H25 In millions of dollars 2Q24 vs 1Q25 2Q25 1H24 1Q25 - 31% 9,508 6,538 Net income (TotalEnergies share) 3,787 - 30% 3,851 2,687 x4.5 276 1,232 Less: adjustment items to net income (TotalEnergies share) 885 x2.6 341 891 - 21% 9,784 7,770 Adjusted net income (TotalEnergies share) 4,672 - 15% 4,192 3,578 - 22% 167 130 Add: non - controlling interests 67 70 - 14% 60 - 16% 5,968 5,033 Add: income taxes 2,977 2,705 - 14% 2,328 +3% 5,904 6,104 Add: depreciation, depletion and impairment of tangible assets and mineral interests 2,962 2,998 +4% 3,106 - 179 179 Add: amortization and impairment of intangible assets 87 83 +16% 96 +8% 1,433 1,541 Add: financial interest on debt 725 725 +13% 816 ns (869) (563) Less: financial income and expense from cash & cash equivalents (417) (269) ns (294) - 11% 22,566 20,194 Adjusted EBITDA 11,073 - 8% 10,504 9,690 Adjusted items - 8% 101,066 92,575 Revenues from sales 49,183 - 7% 47,899 44,676 ns (64,839) (59,096) Purchases, net of inventory variation (31,314) ns (30,563) (28,533) ns (15,244) (15,130) Other operating expenses (7,664) ns (7,542) (7,588) (185) ns (178) Exploration costs (97) (81) ns (97) x2 386 791 Other income 146 x2.2 247 544 (162) ns (449) Other expense, excluding amortization and impairment of intangible assets (37) (216) ns (233) - 715 716 Other financial income 433 +44% 294 422 (428) ns (452) Other financial expense (213) (249) ns (203) +13% 1,257 1,417 Net income (loss) from equity affiliates 636 - 2% 715 702 - 11% 22,566 20,194 Adjusted EBITDA 11,073 - 8% 10,504 9,690 (5,904) ns (6,104) Less: depreciation, depletion and impairment of tangible assets and mineral interests Less: amortization of intangible assets Less: financial interest on debt Add: financial income and expense from cash & cash equivalents Less: income taxes Less: non - controlling interests (2,962) (87) (725) 417 (2,977) (67) (2,998) ns (83) ns (725) ns 269 +9% (2,705) ns (70) ns (3,106) (179) ns (179) (96) (1,433) ns (1,541) (816) 869 - 35% 563 294 (5,968) ns (5,033) (2,328) (167) ns (130) (60) (276) ns (1,232) Add: adjustment (TotalEnergies share) (885) (341) ns (891) - 31% 9,508 6,538 Net income (TotalEnergies share) 3,787 3,851 - 30% 2,687 2Q25 1Q25 2Q25 vs 1Q25 2Q24 In millions of dollars 1H25 1H24 1H25 vs 1H24 Adjusted items Adjusted items 20

21 10.3 Investments – Divestments 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 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 segments’ contracts. 1H25 2Q25 vs 1H24 1H25 In millions of dollars 2Q24 1Q25 vs 2Q25 1H24 1Q25 +43% 8 025 11 494 Cash flow used in investing activities ( a ) 4 558 4 805 39% 6 689 - ns - Other transactions with non - controlling interests ( b ) - - ns - (26) ns 60 Organic loan repayment from equity affiliates ( c ) (29) 6 x9 54 - ns (221) Change in debt from renewable projects financing ( d ) * - - ns (221) - 1% 200 198 Capex linked to capitalized leasing contracts ( e ) 97 108 - 17% 90 x7,3 3 22 Expenditures related to carbon credits ( f ) 4 2 x10 20 +41% 8 202 11 553 Net investments ( a + b + c + d + e + f = g - i + h ) 4 630 4 921 35% 6 632 (280) ns 2 233 of which acquisitions net of assets sales ( g - i ) 220 420 x4,3 1 813 1 618 +82% 2 942 Acquisitions ( g ) Asset sales ( i ) Change in debt (partner share) and capital gain from renewable project sales 544 324 - 836 x2,5 416 - 29% - ns 2 106 1 898 - 63% 709 293 - ns 67 67 +10% 8 482 9 320 of which organic investments ( h ) 4 410 4 501 7% 4 819 247 - 40% 148 Capitalized exploration Increase in non - current loans Repayment of non - current loans, excluding organic loan repayment from equity affiliates Change in debt from renewable projects (TotalEnergies share) 101 589 (178) - 111 - 66% 568 - 25% (103) ns - ns 37 1 127 - 12% 993 425 (324) ns (359) (256) - ns (154) (154) 1H25 vs 1H24 1H24 1H25 In millions of dollars 2Q24 2Q25 vs 1Q25 1Q25 2Q25 - 24% 11,176 8,523 Cash flow from operating activities ( a ) 9,007 x2.3 2,563 5,960 ns (4,452) (4,562) (Increase) decrease in working capital ( b ) * 1,669 ns (4,316) (246) (343) ns (379) Inventory effect ( c ) (468) (107) ns (272) - ns 86 Capital gain from renewable project sales ( d ) - - ns 86 (26) ns 60 Organic loan repayments from equity affiliates ( e ) (29) x9 6 54 - 15% 15,945 13,610 Cash flow from operations excluding working capital (CFFO) ( f = a - b - c + d + e ) 7,777 - 5% 6,992 6,618 (262) ns (610) Financial charges (118) (284) ns (325) - 12% 16,207 14,220 Debt Adjusted Cash Flow (DACF) 7,895 - 5% 7,276 6,943 +10% 8,482 9,320 Organic investments ( g ) 4,410 +7% 4,501 4,819 - 43% 7,463 4,290 Free cash flow after organic investments ( f - g ) 3,367 - 28% 2,491 1,799 +41% 8,202 11,553 Net investments ( h ) 4,630 +35% 4,921 6,632 - 73% 7,743 2,057 Net cash flow ( f - h ) 3,147 ns 2,071 (14)

10.5 Gearing ratio * Excludes leases receivables and leases debts. ** Including initial margins held as part of the Company's activities on organized markets. Gearing was 17.9% at the end of June 2025 due to the seasonal effect of working capital variation and pace of investment. Normalized gearing was 15% excluding these effects. 10.6 Return on average capital employed Company Marketing & Services Refining & Chemicals Integrated Power Integrated LNG Exploration & Production In millions of dollars 18,184 1,378 1,249 2,140 4,830 9,212 Adjusted net operating income 140,180 6,954 8,728 21,861 38,708 65,809 Capital employed at 06/30/2024 152,732 7,325 8,827 27,033 44,300 67,042 Capital employed at 06/30/2025 12.4% 19.3% 14.2% 8.8% 11.6% 13.9% ROACE 10.7 Payout 06/30/2024 03/31/2025 06/30/2025 In millions of dollars 9 358 10 983 12 570 Current borrowings * 461 897 861 Other current financial liabilities (6 425) (5 892) (4 872) Current financial assets * , ** (61) 41 41 Net financial assets classified as held for sale * 34 726 37 862 39 161 Non - current financial debt * (1 166) (953) (1 410) Non - current financial assets * (23 211) (22 837) (20 424) Cash and cash equivalents 13 682 20 101 25 927 Net debt ( a ) 117 956 117 379 116 642 Shareholders’ equity (TotalEnergies share) 2 465 2 648 2 360 Non - controlling interests 120 421 120 027 119 002 Shareholders' equity (b) 8 533 8 012 8 907 Leases (c) 19,2% 15,3% 22,6% Gearing including leases ( a+c ) / ( a+b+c ) Gearing = a / ( a+b ) 17,9% 14,3% 10,2% 1H24 2024 1H25 In millions of dollars 3,756 7,717 3,745 Dividend paid (parent company shareholders) 4,000 7,970 3,726 Repayment of treasury shares excluding fees and taxes Payout ratio 54% 45% 50% 22

23 GLOSSARY Acquisitions net of assets sales is a non - GAAP financial measure and its most directly comparable IFRS measure is Cash flow used in investing activities . Acquisitions net of assets sales 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 . 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 . ESRS perimeter : the GHG emissions within the ESRS perimeter correspond to 100% of the emissions from operated sites, plus the equity share of emissions from non - operated and financially consolidated assets excluding equity affiliates. 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 . Normalized Gearing: indicator defined as the gearing excluding the impact of seasonal variations, notably on working capital. Net cash flow (or free 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 Acquisitions net of assets sales (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 .

24 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 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 Acquisitions net of assets sales 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 . Operated perimeter : activities, sites and industrial assets of which TotalEnergies SE or one of its subsidiaries has operational control, i.e. has the responsibility of the conduct of operations on behalf of all its partners. For the operated perimeter, the environmental indicators are reported 100%, regardless of the Company’s equity interest in the asset. Payout is a non - GAAP financial measure . Payout is defined as the ratio of the dividends and share buybacks for cancellation 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 .

25 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 document does not constitute the half - year financial report, which will be separately published in accordance with article L . 451 - 1 - 2 - III of the French Code monétaire et financier and applicable UK law, and available on the website totalenergies . com . This press release presents the results for the second quarter of 2025 and half - year 2025 from the consolidated financial statements of TotalEnergies SE as of June 30 , 2025 (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 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 “will”, “should”, “could”, “would”, “may”, “likely”, “might”, “envisions”, “intends”, “anticipates”, “believes”, “considers”, “plans”, “expects”, “thinks”, “targets”, “commits”, “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, technological innovations, meteorological conditions and events, as well as socio - demographic, 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 . Readers are cautioned not to consider forward - looking statements as accurate, but as an expression of the Company’s views only as of the date this document is published . TotalEnergies SE and its subsidiaries have no obligation, make no commitment and expressly disclaim any responsibility to investors or any stakeholder to update or revise, particularly as a result of new information or future events, any forward - looking information or statement, objectives or trends contained in this document . In addition, the Company has not verified, and is under no obligation to verify any third - party data contained in this document or used in the estimates and assumptions or, more generally, forward - looking statements published in this document . 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”) . Additionally, the developments of climate change and other environmental - or social related issues in this document are based on various frameworks and the interests of various stakeholders which are subject to evolve independently of our will . Moreover, our disclosures on such issues, including disclosures on climate change and other environmental or social - related issues, may include information that is not necessarily "material" under US securities laws for SEC reporting purposes or under applicable securities law . 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, cash flow from operations excluding working capital, debt adjusted cash flow, and 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 fully - 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 ƒ 1 - 10888 , available from us at 2 , place Jean Millier – Arche Nord Coupole/Regnault - 92078 Paris - La Défense Cedex, France, or at the Company 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 .

TotalEnergies financial statements Second quarter 2025 consolidated accounts, IFRS 26

27 CONSOLIDATED STATEMENT OF INCOME TotalEnergies (unaudited) 2 nd quarter 1 st quarter 2 nd quarter 2024 2025 2025 (M$) (a) 53,743 52,254 49,627 Sales (4,560) (4,355) (4,951) Excise taxes 49,183 47,899 44,676 Revenues from sales (32,117) (30,855) (29,158) Purchases, net of inventory variation (7,729) (7,564) (7,834) Other operating expenses (97) (81) (97) Exploration costs (2,976) (2,998) (3,258) Depreciation, depletion and impairment of tangible assets and mineral interests 3 247 544 Other income (251) (291) (287) Other expense (725) (725) (816) Financial interest on debt 408 290 327 Financial income and expense from cash & cash equivalents (317) (435) (489) Cost of net debt 459 318 429 Other financial income (213) (249) (203) Other financial expense 627 663 529 Net income (loss) from equity affiliates (2,725) (2,733) (2,106) Income taxes 3,847 3,921 2,746 Consolidated net income 3,787 3,851 2,687 TotalEnergies share 60 70 59 Non - controlling interests 1.61 1.69 1.18 Earnings per share ($) 1.60 1.68 1.17 Fully - diluted earnings per share ($) (a) Except for per share amounts.

28 CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME TotalEnergies (unaudited) 2 nd quarter 1 st quarter 2 nd quarter 2024 2025 2025 (M$) 3,847 3,921 2,746 Consolidated net income Other comprehensive income 22 - 16 Actuarial gains and losses 103 12 52 Change in fair value of investments in equity instruments (11) 1 (20) Tax effect (683) 2,882 5,808 Currency translation adjustment generated by the parent company (569) 2,895 5,856 Items not potentially reclassifiable to profit and loss 523 (2,017) (4,692) Currency translation adjustment 593 (833) 165 Cash flow hedge - 15 4 Variation of foreign currency basis spread (38) (100) (174) Share of other comprehensive income of equity affiliates, net amount (2) 7 - Other (153) 205 (49) Tax effect 923 (2,723) (4,746) Items potentially reclassifiable to profit and loss 354 172 1,110 Total other comprehensive income (net amount) 4,201 4,093 3,856 Comprehensive income 4,134 4,007 3,752 TotalEnergies share 67 86 104 Non - controlling interests

29 CONSOLIDATED STATEMENT OF INCOME TotalEnergies (unaudited) 1 st half 1 st half 2024 2025 (M$) (a) 110,021 101,881 Sales (8,955) (9,306) Excise taxes 101,066 92,575 Revenues from sales (65,897) (60,013) Purchases, net of inventory variation (15,372) (15,398) Other operating expenses (185) (178) Exploration costs (5,918) (6,256) Depreciation, depletion and impairment of tangible assets and mineral interests 1,761 791 Other income (566) (578) Other expense (1,433) (1,541) Financial interest on debt 880 617 Financial income and expense from cash & cash equivalents (553) (924) Cost of net debt 765 747 Other financial income (428) (452) Other financial expense 645 1,192 Net income (loss) from equity affiliates (5,667) (4,839) Income taxes 9,651 6,667 Consolidated net income 9,508 6,538 TotalEnergies share 143 129 Non - controlling interests 4.04 2.88 Earnings per share ($) 4.02 2.85 Fully - diluted earnings per share ($) (a) Except for per share amounts.

30 CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME TotalEnergies (unaudited) 1 st half 1 st half 2024 2025 (M$) 9,651 6,667 Consolidated net income Other comprehensive income 20 16 Actuarial gains and losses 143 64 Change in fair value of investments in equity instruments (19) (19) Tax effect (2,189) 8,690 Currency translation adjustment generated by the parent company (2,045) 8,751 Items not potentially reclassifiable to profit and loss 1,622 (6,709) Currency translation adjustment 1,400 (668) Cash flow hedge (15) 19 Variation of foreign currency basis spread (114) (274) share of other comprehensive income of equity affiliates, net amount - 7 Other (372) 156 Tax effect 2,521 (7,469) Items potentially reclassifiable to profit and loss 476 1,282 Total other comprehensive income (net amount) 10,127 7,949 Comprehensive income 10,004 7,759 TotalEnergies share 123 190 Non - controlling interests

31 CONSOLIDATED BALANCE SHEET TotalEnergies June 30, 2024 December 31, 2024 March 31, 2025 June 30, 2025 (unaudited) (unaudited) (unaudited) (M$) ASSETS Non - current assets 33,477 34,238 34,543 36,687 Intangible assets, net 109,403 109,095 112,249 116,153 Property, plant and equipment, net 32,800 34,405 35,687 36,657 Equity affiliates : investments and loans 1,740 1,665 1,860 2,176 Other investments 2,469 2,305 2,231 2,691 Non - current financial assets 3,568 3,202 3,360 3,550 Deferred income taxes 4,235 4,006 4,000 4,057 Other non - current assets 187,692 188,916 193,930 201,971 Total non - current assets Current assets 20,189 18,868 19,037 17,275 Inventories, net 20,647 19,281 24,882 21,254 Accounts receivable, net 20,014 23,687 22,423 24,160 Other current assets 6,823 6,914 6,237 5,183 Current financial assets 23,211 25,844 22,837 20,424 Cash and cash equivalents 912 1,977 1,711 2,550 Assets classified as held for sale 91,796 96,571 97,127 90,846 Total current assets 279,488 285,487 291,057 292,817 Total assets LIABILITIES & SHAREHOLDERS' EQUITY Shareholders' equity 7,577 7,577 7,231 7,262 Common shares 130,688 135,496 128,787 128,103 Paid - in surplus and retained earnings (14,415) (15,259) (14,508) (13,564) Currency translation adjustment (6,471) (9,956) (3,554) (5,159) Treasury shares 117,379 117,858 117,956 116,642 Total shareholders' equity - TotalEnergies share 2,648 2,397 2,465 2,360 Non - controlling interests 120,027 120,255 120,421 119,002 Total shareholders' equity Non - current liabilities 12,461 12,114 12,621 12,729 Deferred income taxes 1,819 1,753 1,824 1,974 Employee benefits 20,295 19,872 19,872 20,312 Provisions and other non - current liabilities 42,526 43,533 45,858 47,584 Non - current financial debt 77,101 77,272 80,175 82,599 Total non - current liabilities Current liabilities 36,449 39,932 42,554 39,288 Accounts payable 33,442 35,961 32,505 34,672 Other creditors and accrued liabilities 11,271 10,024 13,134 14,637 Current borrowings 461 664 897 861 Other current financial liabilities 737 1,379 1,371 1,758 Liabilities directly associated with the assets classified as held for sale 82,360 87,960 90,461 91,216 Total current liabilities 279,488 285,487 291,057 292,817 Total liabilities & shareholders' equity

32 CONSOLIDATED STATEMENT OF CASH FLOW TotalEnergies (unaudited) 2 nd quarter 1 st quarter 2 nd quarter 2024 2025 2025 (M$) CASH FLOW FROM OPERATING ACTIVITIES 3,847 3,921 2,746 Consolidated net income 3,080 3,086 3,360 Depreciation, depletion, amortization and impairment (53) 209 127 Non - current liabilities, valuation allowances and deferred taxes 182 25 (335) (Gains) losses on disposals of assets (250) (423) (102) Undistributed affiliates' equity earnings 2,013 (4,232) 49 (Increase) decrease in working capital 188 (23) 115 Other changes, net 9,007 2,563 5,960 Cash flow from operating activities CASH FLOW USED IN INVESTING ACTIVITIES (3,699) (4,222) (4,766) Intangible assets and property, plant and equipment additions (251) (232) (1,627) Acquisitions of subsidiaries, net of cash acquired (481) (311) (419) Investments in equity affiliates and other securities (621) (568) (425) Increase in non - current loans (5,052) (5,333) (7,237) Total expenditures 44 301 69 Proceeds from disposals of intangible assets and property, plant and equipment 213 117 154 Proceeds from disposals of subsidiaries, net of cash sold 56 1 15 Proceeds from disposals of non - current investments 181 109 310 Repayment of non - current loans 494 528 548 Total divestments (4,558) (4,805) (6,689) Cash flow used in investing activities CASH FLOW FROM FINANCING ACTIVITIES Issuance (repayment) of shares: 521 - 492 - Parent company shareholders (2,007) (2,152) (1,707) - Treasury shares Dividends paid: (1,853) (1,851) (1,894) - Parent company shareholders (127) (139) (173) - Non - controlling interests (1,622) (1,139) - Net issuance (repayment) of perpetual subordinated notes (50) (128) (27) Payments on perpetual subordinated notes (19) (20) (31) Other transactions with non - controlling interests 4,319 3,431 257 Net issuance (repayment) of non - current debt (5,453) 150 (356) Increase (decrease) in current borrowings (530) 718 1,287 Increase (decrease) in current financial assets and liabilities (6,821) (1,130) (2,152) Cash flow from / (used in) financing activities (2,372) (3,372) (2,881) Net increase (decrease) in cash and cash equivalents (57) 365 468 Effect of exchange rates 25,640 25,844 22,837 Cash and cash equivalents at the beginning of the period 23,211 22,837 20,424 Cash and cash equivalents at the end of the period

33 CONSOLIDATED STATEMENT OF CASH FLOW TotalEnergies (unaudited) 1 st half 1 st half 2024 2025 (M$) CASH FLOW FROM OPERATING ACTIVITIES 9,651 6,667 Consolidated net income 6,116 6,446 Depreciation, depletion, amortization and impairment 239 336 Non - current liabilities, valuation allowances and deferred taxes (1,428) (310) (Gains) losses on disposals of assets 38 (525) Undistributed affiliates' equity earnings (3,673) (4,183) (Increase) decrease in working capital 233 92 Other changes, net 11,176 8,523 Cash flow from operating activities CASH FLOW USED IN INVESTING ACTIVITIES (7,119) (8,988) Intangible assets and property, plant and equipment additions (1,010) (1,859) Acquisitions of subsidiaries, net of cash acquired (969) (730) Investments in equity affiliates and other securities (1,159) (993) Increase in non - current loans (10,257) (12,570) Total expenditures 381 370 Proceeds from disposals of intangible assets and property, plant and equipment 1,431 271 Proceeds from disposals of subsidiaries, net of cash sold 90 16 Proceeds from disposals of non - current investments 330 419 Repayment of non - current loans 2,232 1,076 Total divestments (8,025) (11,494) Cash flow used in investing activities CASH FLOW FROM FINANCING ACTIVITIES Issuance (repayment) of shares: 521 492 - Parent company shareholders (4,013) (3,859) - Treasury shares Dividends paid: (3,756) (3,745) - Parent company shareholders (133) (312) - Non - controlling interests (1,622) (1,139) Net issuance (repayment) of perpetual subordinated notes (209) (155) Payments on perpetual subordinated notes (36) (51) Other transactions with non - controlling interests 4,361 3,688 Net issuance (repayment) of non - current debt (1,917) (206) Increase (decrease) in current borrowings (259) 2,005 Increase (decrease) in current financial assets and liabilities (7,063) (3,282) Cash flow from / (used in) financing activities (3,912) (6,253) Net increase (decrease) in cash and cash equivalents (140) 833 Effect of exchange rates 27,263 25,844 Cash and cash equivalents at the beginning of the period 23,211 20,424 Cash and cash equivalents at the end of the period

CONSOLIDATED STATEMENT OF CHANGES IN SHAREHOLDERS' EQUITY TotalEnergies (unaudited) Total shareholders' equity Non - controlling interests Shareholders' equity - TotalEnergies Share Treasury shares Currency translation adjustment Paid - in surplus and retained earnings Common shares issued Amount Number Amount Number (M$) 119,453 2,700 116,753 (4,019) (60,543,213) (13,701) 126,857 7,616 2,412,251,835 As of January 1, 2024 9,651 143 9,508 - - - 9,508 - - Net income of the first half 2024 476 (20) 496 - - (714) 1,210 - - Other comprehensive income 10,127 123 10,004 - - (714) 10,718 - - Comprehensive Income (4,062) (133) (3,929) - - - (3,929) - - Dividend 521 - 521 - - - 492 29 10,833,187 Issuance of common shares (4,513) - (4,513) (4,513) (58,719,028) - - - - Purchase of treasury shares - - - 397 6,065,491 - (397) - - Sale of treasury shares (a) 356 - 356 - - - 356 - - Share - based payments - - - 1,664 25,405,361 - (1,596) (68) (25,405,361) Share cancellation (1,679) - (1,679) - - - (1,679) - - Net issuance (repayment) of perpetual subordinated notes (135) - (135) - - - (135) - - Payments on perpetual subordinated notes (36) (36) - - - - - - - Other operations with non - controlling interests (5) (6) 1 - - - 1 - - Other items 120,027 2,648 117,379 (6,471) (87,791,389) (14,415) 130,688 7,577 2,397,679,661 As of June 30, 2024 6,380 130 6,250 - - - 6,250 - 24 - Net income of the second half 20 358 (24) 382 - - (844) 1,226 - - Other comprehensive income 6,738 106 6,632 - - (844) 7,476 - - Comprehensive Income (4,149) (322) (3,827) - - - (3,827) - - Dividend - - - - - - - - - Issuance of common shares (3,482) - (3,482) (3,482) (61,744,204) - - - - Purchase of treasury shares - - - (2) 5,775 - 2 - - Sale of treasury shares (a) 200 - 200 - - - 200 - - Share - based payments - - - (1) - - 1 - - Share cancellation 1,103 - 1,103 - - - 1,103 - - Net issuance (repayment) of perpetual subordinated notes (137) - (137) - - - (137) - - Payments on perpetual subordinated notes (31) (31) - - - - - - - Other operations with non - controlling interests (14) (4) (10) - - - (10) - - Other items 120,255 2,397 117,858 (9,956) (149,529,818) (15,259) 135,496 7,577 2,397,679,661 As of December 31, 2024 6,667 129 6,538 - - - 6,538 - - Net income of the first half 2025 1,282 61 1,221 - - 1,695 (474) - - Other comprehensive income 7,949 190 7,759 - - 1,695 6,064 - - Comprehensive Income (4,250) (178) (4,072) - - - (4,072) - - Dividend 492 - 492 - - - 462 30 11,149,053 Issuance of common shares (4,239) - (4,239) (4,239) (62,261,210) - - - - Purchase of treasury shares - - - 414 6,214,595 - (414) - - Sale of treasury shares (a) 340 - 340 - - - 340 - - Share - based payments (120) - (120) 8,622 127,622,460 - (8,397) (345) (127,622,460) Share cancellation (1,219) - (1,219) - - - (1,219) - - Net issuance (repayment) of perpetual subordinated notes (156) - (156) - - - (156) - - Payments on perpetual subordinated notes (51) (51) - - - - - - - Other operations with non - controlling interests 1 2 (1) - - - (1) - - Other items 119,002 2,360 116,642 (5,159) (77,953,973) (13,564) 128,103 7,262 2,281,206,254 As of June 30, 2025 mance share grants. (a) Treasury shares related to the perfor 34

INFORMATION BY BUSINESS SEGMENT TotalEnergies (unaudited) 2 nd quarter 2025 Exploration & Production Integrated Integrated LNG Power Refining Marketing Chemicals Services & & Corporate Intercompany Total (M$) 49,627 - 11 19,944 21,759 3,958 2,586 1,369 External sales - (18,647) 32 177 7,006 701 1,869 8,862 Intersegment sales (4,951) - - (4,697) (254) - - - Excise taxes 44,676 (18,647) 43 15,424 28,511 4,659 4,455 10,231 Revenues from sales (37,089) 18,647 (302) (14,751) (27,995) (4,479) (3,632) (4,577) Operating expenses (3,258) - (31) (224) (520) (108) (397) (1,978) Depreciation, depletion and impairment of tangible assets and mineral interests 1,012 - (35) 113 (42) 340 578 58 Net income (loss) from equity affiliates and other items (2,109) - 57 (168) (12) (27) (166) (1,793) Tax on net operating income (913) - (23) (18) (447) (189) (203) (33) Adjustments (a) 4,145 - (245) 412 389 574 1,041 1,974 Adjusted net operating income (913) Adjustments (a) (486) Net cost of net debt (59) Non - controlling interests 2,687 Net income - TotalEnergies share (a) Adjustments include special items, inventory valuation effect and the effect of changes in fair value. The management of balance sheet positions (including margin calls) related to centralized markets access for LNG, gas and power activities has been fully included in the Integrated LNG segment. Effects of changes in the fair value of gas and LNG positions are allocated to the operating income of Integrated LNG segment. Effects of changes in the fair value of power positions are allocated to the operating income of Integrated Power segment. 2 nd quarter 2025 Exploration & Production Integrated Integrated LNG Power Refining Marketing Chemicals Services & & Corporate Intercompany Total (M$) 35 7,237 - 86 234 351 2,503 877 3,186 Total expenditures 548 - 16 38 42 347 25 80 Total divestments 5,960 - (568) 628 887 799 539 3,675 Cash flow from operating activities

INFORMATION BY BUSINESS SEGMENT TotalEnergies (unaudited) 1 st quarter 2025 Exploration & Production Integrated Integrated LNG Power Refining Marketing Chemicals Services & & Corporate Intercompany Total (M$) 52,254 - 2 19,001 22,627 5,967 3,088 1,569 External sales - (19,655) 25 156 6,811 684 3,252 8,727 Intersegment sales (4,355) - - (4,243) (112) - - - Excise taxes 47,899 (19,655) 27 14,914 29,326 6,651 6,340 10,296 Revenues from sales (38,500) 19,655 (192) (14,374) (28,648) (6,185) (4,956) (3,800) Operating expenses (2,998) - (26) (217) (339) (75) (391) (1,950) Depreciation, depletion and impairment of tangible assets and mineral interests 688 - (36) (10) (8) 44 565 133 Net income (loss) from equity affiliates and other items (2,783) - 74 (98) (83) (73) (275) (2,328) Tax on net operating income (355) - (22) (25) (53) (144) (11) (100) Adjustments (a) 4,661 - (131) 240 301 506 1,294 2,451 Adjusted net operating income (355) Adjustments (a) (385) Net cost of net debt (70) Non - controlling interests 3,851 Net income - TotalEnergies share (a) Adjustments include special items, inventory valuation effect and the effect of changes in fair value. The management of balance sheet positions (including margin calls) related to centralized markets access for LNG, gas and power activities has been fully included in the Integrated LNG segment. Effects of changes in the fair value of gas and LNG positions are allocated to the operating income of Integrated LNG segment. Effects of changes in the fair value of power positions are allocated to the operating income of Integrated Power segment. 1 st quarter 2025 Exploration & Production Integrated Integrated LNG Power Refining Marketing Chemicals Services & & Corporate Intercompany Total (M$) 36 5,333 - 34 172 242 936 902 3,047 Total expenditures 528 - (1) 97 6 58 10 358 Total divestments 2,563 - (632) 568 (1,983) (399) 1,743 3,266 Cash flow from operating activities

INFORMATION BY BUSINESS SEGMENT TotalEnergies (unaudited) 2 nd quarter 2024 Exploration & Production Integrated Integrated LNG Power Refining Marketing Chemicals Services & & Corporate Intercompany Total (M$) 53,743 - 3 21,358 24,516 4,464 1,986 1,416 External sales - (20,720) 77 164 8,203 369 2,111 9,796 Intersegment sales (4,560) - - (4,352) (208) - - - Excise taxes 49,183 (20,720) 80 17,170 32,511 4,833 4,097 11,212 Revenues from sales (39,943) 20,720 (318) (16,601) (31,647) (4,506) (2,922) (4,669) Operating expenses (2,976) - (30) (208) (416) (105) (310) (1,907) Depreciation, depletion and impairment of tangible assets and mineral interests 625 - 29 (84) (13) 26 526 141 Net income (loss) from equity affiliates and other items (2,677) - (23) (101) (60) (79) (251) (2,163) Tax on net operating income (874) - (9) (203) (264) (333) (12) (53) Adjustments (a) 5,086 - (253) 379 639 502 1,152 2,667 Adjusted net operating income (874) Adjustments (a) (365) Net cost of net debt (60) Non - controlling interests 3,787 Net income - TotalEnergies share (a) Adjustments include special items, inventory valuation effect and the effect of changes in fair value. The management of balance sheet positions (including margin calls) related to centralized markets access for LNG, gas and power activities has been fully included in the Integrated LNG segment. Effects of changes in the fair value of gas and LNG positions are allocated to the operating income of Integrated LNG segment. Effects of changes in the fair value of power positions are allocated to the operating income of Integrated Power segment. 2 nd quarter 2024 Exploration & Production Integrated Integrated LNG Power Refining Marketing Chemicals Services & & Corporate Intercompany Total (M$) 37 5,052 - 40 259 443 769 844 2,697 Total expenditures 494 - 6 (78) 127 261 29 149 Total divestments 9,007 - (797) 1,650 1,541 1,647 431 4,535 Cash flow from operating activities

INFORMATION BY BUSINESS SEGMENT TotalEnergies (unaudited) 1 st half 2025 Exploration & Production Integrated Integrated LNG Power Refining Marketing Chemicals Services & & Corporate Intercompany Total (M$) 101,881 - 13 38,945 44,386 9,925 5,674 2,938 External sales - (38,302) 57 333 13,817 1,385 5,121 17,589 Intersegment sales (9,306) - - (8,940) (366) - - - Excise taxes 92,575 (38,302) 70 30,338 57,837 11,310 10,795 20,527 Revenues from sales (75,589) 38,302 (494) (29,125) (56,643) (10,664) (8,588) (8,377) Operating expenses (6,256) - (57) (441) (859) (183) (788) (3,928) Depreciation, depletion and impairment of tangible assets and mineral interests 1,700 - (71) 103 (50) 384 1,143 191 Net income (loss) from equity affiliates and other items (4,892) - 131 (266) (95) (100) (441) (4,121) Tax on net operating income (1,268) - (45) (43) (500) (333) (214) (133) Adjustments (a) 8,806 - (376) 652 690 1,080 2,335 4,425 Adjusted net operating income (1,268) Adjustments (a) (871) Net cost of net debt (129) Non - controlling interests 6,538 Net income - TotalEnergies share (a) Adjustments include special items, inventory valuation effect and the effect of changes in fair value. The management of balance sheet positions (including margin calls) related to centralized markets access for LNG, gas and power activities has been fully included in the Integrated LNG segment. Effects of changes in the fair value of gas and LNG positions are allocated to the operating income of Integrated LNG segment. Effects of changes in the fair value of power positions are allocated to the operating income of Integrated Power segment. 1 st half 2025 Exploration & Production Integrated Integrated LNG Power Refining Marketing Chemicals Services & & Corporate Intercompany Total (M$) 38 12,570 - 120 406 593 3,439 1,779 6,233 Total expenditures 1,076 - 15 135 48 405 35 438 Total divestments 8,523 - (1,200) 1,196 (1,096) 400 2,282 6,941 Cash flow from operating activities

INFORMATION BY BUSINESS SEGMENT TotalEnergies (unaudited) 1 st half 2024 Exploration & Production Integrated Integrated LNG Power Refining Marketing Chemicals Services & & Corporate Intercompany Total (M$) 110,021 - 18 42,029 49,049 11,546 4,645 2,734 External sales - (43,215) 140 433 16,346 1,159 5,606 19,531 Intersegment sales (8,955) - - (8,577) (378) - - - Excise taxes 101,066 (43,215) 158 33,885 65,017 12,705 10,251 22,265 Revenues from sales (81,454) 43,215 (547) (32,697) (62,535) (12,071) (7,706) (9,113) Operating expenses (5,918) - (55) (414) (792) (202) (631) (3,824) Depreciation, depletion and impairment of tangible assets and mineral interests 2,177 - 56 1,396 55 (589) 1,021 238 Net income (loss) from equity affiliates and other items (5,570) - 32 (209) (315) (119) (535) (4,424) Tax on net operating income (295) - (13) 1,327 (171) (1,389) 26 (75) Adjustments (a) 10,596 - (343) 634 1,601 1,113 2,374 5,217 Adjusted net operating income (295) Adjustments (a) (650) Net cost of net debt (143) Non - controlling interests 9,508 Net income - TotalEnergies share (a) Adjustments include special items, inventory valuation effect and the effect of changes in fair value. The management of balance sheet positions (including margin calls) related to centralized markets access for LNG, gas and power activities has been fully included in the Integrated LNG segment. Effects of changes in the fair value of gas and LNG positions are allocated to the operating income of Integrated LNG segment. Effects of changes in the fair value of power positions are allocated to the operating income of Integrated Power segment. 1 st half 2024 Exploration & Production Integrated Integrated LNG Power Refining Marketing Chemicals Services & & Corporate Intercompany Total (M$) 39 10,257 - 68 403 878 2,508 1,409 4,991 Total expenditures 2,232 - 7 1,203 165 323 79 455 Total divestments 11,176 - (1,442) 1,542 (588) 1,398 2,141 8,125 Cash flow from operating activities

Non GAAP Financial Measures 40

Alternative Performance Measures (Non - GAAP) TotalEnergies (unaudited) 1. Reconciliation of cash flow used in investing activities to Net investments 1. Exploration & Production 2 nd quarter 1 st quarter 2 nd quarter 2 nd quarter 2025 vs (in millions of dollars) 6 months 6 months 2025 2024 6 months 2025 vs 6 months 2024 2025 2025 2024 2 nd quarter 2024 28% 4,536 5,795 Cash flow used in investing activities ( a ) 22% 2,548 2,689 3,106 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 - - - 10% 180 198 Capex linked to capitalized leasing contracts ( e ) - 1% 90 109 89 x7.3 3 22 Expenditures related to carbon credits ( f ) x5 4 2 20 27% 4,719 6,015 Net investments ( a + b + c + d + e + f = g - i + h ) 22% 2,642 2,800 3,215 x3 93 278 of which net acquisitions of assets sales ( g - i ) x2.8 57 116 162 31% 487 638 Acquisitions ( g ) 21% 160 445 193 - 9% 394 360 Assets sales ( i ) - 70% 103 329 31 ns - - Change in debt (partner share) and capital gain from renewable projects sales ns - - - 24% 4,626 5,737 of which organic investments ( h ) 18% 2,585 2,684 3,053 - 38% 225 139 Capitalized exploration - 66% 88 109 30 14% 109 124 Increase in non - current loans - 37% 67 82 42 ns Repayment of non - current loans, excluding organic loan (78) (61) ns repayment from equity affiliates (46) (29) (49) ns Change in debt from renewable projects (TotalEnergies - - ns share) - - - *Change in debt from renewable projects (TotalEnergies share and partner share) 1.2 Integrated LNG 2 nd quarter 1 st quarter 2 nd quarter 2 nd quarter 2025 vs (in millions of dollars) 6 months 6 months 2025 2024 6 months 2025 vs 6 months 2024 41 2025 2025 2024 2 nd quarter 2024 31% 1,330 1,744 Cash flow used in investing activities ( a ) 5% 815 892 852 ns - - Other transactions with non - controlling interests ( b ) ns - - - ns 1 1 Organic loan repayment from equity affiliates ( c ) ns - 1 - ns - - Change in debt from renewable projects financing ( d ) * ns - - - - 100% 19 - Capex linked to capitalized leasing contracts ( e ) - 86% 7 (1) 1 ns - - Expenditures related to carbon credits ( f ) ns - - - 29% 1,350 1,745 Net investments ( a + b + c + d + e + f = g - i + h ) 4% 822 892 853 34% 186 250 of which net acquisitions of assets sales ( g - i ) - 44% 198 140 110 28% 199 254 Acquisitions ( g ) - 45% 199 144 110 - 69% 13 4 Assets sales ( i ) - 100% 1 4 - ns - - Change in debt (partner share) and capital gain from renewable projects sales ns - - - 28% 1,164 1,495 of which organic investments ( h ) 19% 624 752 743 - 59% 22 9 Capitalized exploration - 46% 13 2 7 13% 326 369 Increase in non - current loans 22% 153 182 187 ns Repayment of non - current loans, excluding organic loan (30) (79) ns repayment from equity affiliates (42) (5) (25) ns Change in debt from renewable projects (TotalEnergies - - ns share) - - - *Change in debt from renewable projects (TotalEnergies share and partner share)

Alternative Performance Measures (Non - GAAP) TotalEnergies (unaudited) 1.3 Integrated Power 2 nd quarter 2025 vs 2 nd quarter 1 st quarter 2 nd quarter 2025 2025 2024 2 nd quarter 2024 (in millions of dollars) 6 months 6 months 2025 2024 6 months 2025 vs 6 months 2024 39% 2,185 3,034 Cash flow used in investing activities ( a ) x4.2 508 878 2,156 ns - - Other transactions with non - controlling interests ( b ) ns - - - ns - 59 Organic loan repayment from equity affiliates ( c ) ns - 5 54 ns - (221) Change in debt from renewable projects financing ( d ) * ns - - (221) - 100% 1 - Capex linked to capitalized leasing contracts ( e ) ns - - - ns - - Expenditures related to carbon credits ( f ) ns - - - 31% 2,186 2,872 Net investments ( a + b + c + d + e + f = g - i + h ) x3.9 508 883 1,989 x2.8 647 1,806 of which net acquisitions of assets sales ( g - i ) ns (88) 238 1,568 x2.3 878 2,036 Acquisitions ( g ) x12.6 142 245 1,791 ns 231 230 Assets sales ( i ) - 3% 230 7 223 ns - 67 Change in debt (partner share) and capital gain from renewable projects sales ns - - 67 - 31% 1,539 1,066 of which organic investments ( h ) - 29% 596 645 421 ns - - Capitalized exploration ns - - - - 23% 544 418 Increase in non - current loans - 37% 239 268 150 ns Repayment of non - current loans, excluding organic loan (183) (92) ns repayment from equity affiliates (31) (46) (137) ns Change in debt from renewable projects (TotalEnergies (154) - ns share) - - (154) *Change in debt from renewable projects (TotalEnergies share and partner share) 1.4 Refining & Chemicals 2 nd quarter 2025 vs 2 nd quarter 1 st quarter 2 nd quarter 2025 2025 2024 2 nd quarter 2024 (in millions of dollars) 6 months 6 months 2025 2024 6 months 2025 vs 6 months 2024 42 - 24% 713 545 Cash flow used in investing activities ( a ) - 2% 316 236 309 ns - - Other transactions with non - controlling interests ( b ) ns - - - - 100% (27) - Organic loan repayment from equity affiliates ( c ) - 100% (29) - - 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 - - - - 21% 686 545 Net investments ( a + b + c + d + e + f = g - i + h ) 8% 287 236 309 ns (115) (24) of which net acquisitions of assets sales ( g - i ) ns (95) - (24) - 69% 35 11 Acquisitions ( g ) - 58% 26 - 11 - 77% 150 35 Assets sales ( i ) - 71% 121 - 35 ns - - Change in debt (partner share) and capital gain from renewable projects sales ns - - - - 29% 801 569 of which organic investments ( h ) - 13% 382 236 333 ns - - Capitalized exploration ns - - - - 58% 65 27 Increase in non - current loans - 71% 58 10 17 ns Repayment of non - current loans, excluding organic loan (13) (10) ns repayment from equity affiliates (3) (6) (7) ns Change in debt from renewable projects (TotalEnergies - - ns share) - - - *Change in debt from renewable projects (TotalEnergies share and partner share)

Alternative Performance Measures (Non - GAAP) TotalEnergies (unaudited) 1.5 Marketing & Services 2 nd quarter 2025 vs 2 nd quarter 1 st quarter 2 nd quarter 2025 2025 2024 2 nd quarter 2024 (in millions of dollars) 6 months 6 months 2025 2024 6 months 2025 vs 6 months 2024 ns (800) 271 Cash flow used in investing activities ( a ) - 42% 337 75 196 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 - - - ns (800) 271 Net investments ( a + b + c + d + e + f = g - i + h ) - 42% 337 75 196 ns (1,087) (78) of which net acquisitions of assets sales ( g - i ) ns 151 (75) (3) - 84% 19 3 Acquisitions ( g ) - 94% 17 2 1 - 93% 1,106 81 Assets sales ( i ) ns (134) 77 4 ns - - Change in debt (partner share) and capital gain from renewable projects sales ns - - - 22% 287 349 of which organic investments ( h ) 7% 186 150 199 ns - - Capitalized exploration ns - - - - 35% 68 44 Increase in non - current loans - 54% 57 18 26 ns Repayment of non - current loans, excluding organic loan (39) (79) ns repayment from equity affiliates (53) (17) (22) ns Change in debt from renewable projects (TotalEnergies - - ns share) - - - *Change in debt from renewable projects (TotalEnergies share and partner share) 2. Reconciliation of cash flow from operating activities to CFFO 1. Exploration & Production 2 nd quarter 1 st quarter 2 nd quarter 2 nd quarter 2025 vs (in millions of dollars) 6 months 6 months 2025 2024 6 months 2025 vs 6 months 2024 43 2025 2025 2024 2 nd quarter 2024 - 15% 8,125 6,941 Cash flow from operating activities ( a ) - 19% 4,535 3,266 3,675 ns (706) (1,110) (Increase) decrease in working capital ( b ) ns 182 (1,025) (85) ns - - Inventory effect ( c ) ns - - - ns - - Capital gain from renewable project sales ( d ) ns - - - ns - - Organic loan repayments from equity affiliates ( e ) ns - - - - 9% 8,831 8,051 Cash flow from operations excluding working capital (CFFO) ( f = a - b - c + d + e ) - 14% 4,353 4,291 3,760

Alternative Performance Measures (Non - GAAP) TotalEnergies (unaudited) 2.2 Integrated LNG 2 nd quarter 1 st quarter 2 nd quarter 2 nd quarter 2025 vs (in millions of dollars) 6 months 6 months 2025 2024 6 months 2025 vs 6 months 2024 2025 2025 2024 2 nd quarter 2024 7% 2,141 2,282 Cash flow from operating activities ( a ) 25% 431 1,743 539 ns (426) (125) (Increase) decrease in working capital ( b ) * ns (789) 495 (620) ns - - Inventory effect ( c ) ns - - - ns - - Capital gain from renewable project sales ( d ) ns - - - ns 1 1 Organic loan repayments from equity affiliates ( e ) ns - 1 - - 6% 2,568 2,408 Cash flow from operations excluding working capital (CFFO) ( f = a - b - c + d + e ) - 5% 1,220 1,249 1,159 *Changes in working capital are presented excluding the mark - to - market effect of Integrated LNG and Integrated Power sectors’ contracts. 2.3 Integrated Power 2 nd quarter 1 st quarter 2 nd quarter 2 nd quarter 2025 vs (in millions of dollars) 6 months 6 months 2025 2024 6 months 2025 vs 6 months 2024 44 2025 2025 2024 2 nd quarter 2024 - 71% 1,398 400 Cash flow from operating activities ( a ) - 51% 1,647 (399) 799 ns 83 (614) (Increase) decrease in working capital ( b ) * - 63% 1,024 (991) 377 ns - - Inventory effect ( c ) ns - - - ns - 86 Capital gain from renewable project sales ( d ) ns - - 86 ns - 59 Organic loan repayments from equity affiliates ( e ) ns - 5 54 - 12% 1,315 1,159 Cash flow from operations excluding working capital (CFFO) ( f = a - b - c + d + e ) - 10% 623 597 562 * Changes in working capital are presented excluding the mark - to - market effect of Integrated LNG and Integrated Power sectors’ contracts.

Alternative Performance Measures (Non - GAAP) TotalEnergies (unaudited) 2.4 Refining & Chemicals 2 nd quarter 2025 vs 2 nd quarter 1 st quarter 2 nd quarter 2025 2025 2024 2 nd quarter 2024 (in millions of dollars) 6 months 6 months 2025 2024 6 months 2025 vs 6 months 2024 ns (588) (1,096) Cash flow from operating activities ( a ) - 42% 1,541 (1,983) 887 ns (2,738) (2,181) (Increase) decrease in working capital ( b ) - 54% 788 (2,543) 362 ns (285) (320) Inventory effect ( c ) ns (393) (73) (247) ns - - Capital gain from renewable project sales ( d ) ns - - - - 100% (27) - Organic loan repayments from equity affiliates ( e ) - 100% (29) - - - 42% 2,408 1,405 Cash flow from operations excluding working capital (CFFO) ( f = a - b - c + d + e ) - 31% 1,117 633 772 2.5 Marketing & Services 2 nd quarter 2025 vs 2 nd quarter 1 st quarter 2 nd quarter 2025 2025 2024 2 nd quarter 2024 (in millions of dollars) 6 months 6 months 2025 2024 6 months 2025 vs 6 months 2024 45 - 22% 1,542 1,196 Cash flow from operating activities ( a ) - 62% 1,650 568 628 - 87% 462 60 (Increase) decrease in working capital ( b ) ns 1,066 118 (58) ns (58) (59) Inventory effect ( c ) ns (75) (34) (25) ns - - Capital gain from renewable project sales ( d ) ns - - - ns - - Organic loan repayments from equity affiliates ( e ) ns - - - 5% 1,138 1,195 Cash flow from operations excluding working capital (CFFO) ( f = a - b - c + d + e ) 8% 659 484 711

46 Alternative Performance Measures (Non - GAAP) TotalEnergies (unaudited) 3. Reconciliation of capital employed (balance sheet) and calculation of ROACE Corporate ny Company InterCompa Marketing & Services Refining & Chemicals Integrated Power Integrated LNG Exploration & Production (In millions of dollars) 4,145 - (245) 412 389 574 1,041 1,974 Adjusted net operating income 2 nd quarter 2025 4,661 - (131) 240 301 506 1,294 2,451 Adjusted net operating income 1 st quarter 2025 4,819 - (173) 362 318 575 1,432 2,305 Adjusted net operating income 4 th quarter 2024 4,559 - (76) 364 241 485 1,063 2,482 Adjusted net operating income 3 rd quarter 2024 18,184 - (625) 1,378 1,249 2,140 4,830 9,212 Adjusted net operating income ( a ) Balance sheet as of June 30, 2025 152,840 - 763 7,139 12,746 17,159 29,063 85,970 Property plant and equipment intangible assets net 36,657 - - 1,086 3,963 10,304 16,955 4,349 Investments & loans in equity affiliates 9,783 - 329 1,089 699 1,771 2,210 3,685 Other non - current assets 17,275 - - 3,336 10,773 574 1,027 1,565 Inventories, net 21,254 (24,904) 1,148 8,369 20,019 4,554 6,227 5,841 Accounts receivable, net 24,160 (8,098) 5,627 2,955 2,723 5,206 8,899 6,848 Other current assets (39,288) 24,821 (1,049) (9,932) (32,438) (6,333) (7,473) (6,884) Accounts payable (34,672) 8,181 (9,487) (5,385) (5,171) (4,484) (8,541) (9,785) Other creditors and accrued liabilities (11,271) - (3,761) (657) (4,094) (483) 139 (2,415) Working capital (35,015) - 874 (1,222) (3,577) (1,719) (4,260) (25,111) Provisions and other non - current liabilities 842 - - 84 - 1 193 564 Assets and liabilities classified as held for sale - Capital employed 153,836 - (1,795) 7,519 9,737 27,033 44,300 67,042 Capital Employed (Balance sheet) (1,104) - - (194) (910) - - - Less inventory valuation effect 152,732 - (1,795) 7,325 8,827 27,033 44,300 67,042 Capital Employed at replacement cost ( b ) Balance sheet as of June 30, 2024 142,880 - 649 6,476 11,987 14,078 24,936 84,754 Property plant and equipment intangible assets net 32,800 - - 1,000 4,122 8,921 15,294 3,463 Investments & loans in equity affiliates 9,543 - 214 1,224 731 1,147 2,424 3,803 Other non - current assets 20,189 - - 3,809 12,822 577 1,495 1,486 Inventories, net 20,647 (26,845) 1,073 8,940 20,755 4,766 5,526 6,432 Accounts receivable, net 20,014 (11,756) 7,313 3,141 2,146 4,797 7,876 6,497 Other current assets (36,449) 26,804 (775) (10,387) (33,025) (5,653) (6,429) (6,984) Accounts payable (33,442) 11,797 (11,007) (5,762) (6,082) (4,989) (8,614) (8,785) Other creditors and accrued liabilities (9,041) - (3,396) (259) (3,384) (502) (146) (1,354) Working capital (34,575) - 653 (1,207) (3,467) (1,807) (3,800) (24,947) Provisions and other non - current liabilities 114 - - - - 24 - 90 Assets and liabilities classified as held for sale - Capital employed 141,721 - (1,880) 7,234 9,989 21,861 38,708 65,809 Capital Employed (Balance sheet) (1,541) - - (280) (1,261) - - - Less inventory valuation effect 140,180 - (1,880) 6,954 8,728 21,861 38,708 65,809 Capital Employed at replacement cost ( c ) 12.4% 19.3% 14.2% 8.8% 11.6% 13.9% ROACE as a percentage ( a / average ( b + c ))

47 Alternative Performance Measures (Non - GAAP) TotalEnergies (unaudited) 4. Reconciliation of consolidated net income to adjusted net operating income 6 months 6 months 2 nd quarter 1 st quarter 2 nd quarter 2024 2025 2024 2025 2025 (in millions of dollars) 9,651 6,667 3,847 3,921 2,746 Consolidated net income ( a ) (650) (871) (365) (385) (486) Net cost of net debt ( b ) 536 (483) (256) (122) (361) Special items affecting net operating income 1,397 - (110) - - Gains (losses) on disposals of assets (11) - (11) - - Restructuring charges (644) (209) - - (209) Asset impairment and provisions charges (206) (274) (135) (122) (152) Other items (220) (347) (327) (78) (269) After - tax inventory effect: FIFO vs. replacement cost (611) (438) (291) (155) (283) Effect of changes in fair value (295) (1,268) (874) (355) (913) Total adjustments affecting net operating income ( c ) 10,596 8,806 5,086 4,661 4,145 Adjusted net operating income ( a - b - c )