1、PRESS RELEASE 1 First quarter 2023 results TotalEnergies once again demonstrates its ability to generate strong results in a softening oil&gas price environment As part of its multi-energy strategy,TotalEnergies presents for the first time the results of the Integrated Power segment 12Paris,April 27

2、,2023 The Board of Directors of TotalEnergies SE,chaired by CEO Patrick Pouyann,met on April 26,2023,to approve the first quarter 2023 financial statements.On the occasion,Patrick Pouyann said:“TotalEnergies once again demonstrates its ability to generate strong results,posting in the first quarter

3、2023 adjusted net income of$6.5 billion,cash flow of$9.6 billion,and return on average capital employed of 25%,in an environment of lower oil and gas prices.IFRS net income was$5.6 billion for the quarter.In an environment with Brent prices averaging$81/b,Exploration&Production generated adjusted ne

4、t operating income of$2.7 billion and cash flow of$4.9 billion with production growth of 2%compared to the previous quarter*,benefiting in particular from the start-up of gas production on Block 10 in Oman and the acquisition of a 20%interest in the SARB/Umm Lulu oil fields in the United Arab Emirat

5、es.Integrated LNG delivered adjusted net operating income and cash flow of$2.1 billion,leveraging its integrated global portfolio,in an environment of European and Asian gas prices returning to levels close to Brent parity at$16-17/Mbtu,given the mild winter and high inventories in Europe.The Compan

6、y launched this quarter the integrated engineering studies(FEED)on the Papua LNG project,which will contribute to the future growth of the LNG portfolio.The Integrated Power segment generated adjusted net operating income and cash flow of$0.4 billion in the first quarter.ROACE was nearly 10%over 12