.3
CAPITALIZATION AND INDEBTEDNESS OF TOTALENERGIES
(unaudited)
The following table sets out the unaudited consolidated capitalization and long-term indebtedness, as well as short-term indebtedness, of TotalEnergies SE and the consolidated entities directly or indirectly controlled by TotalEnergies SE (collectively, “TotalEnergies”) as of September 30, 2025, prepared on the basis of IFRS. Currency amounts are expressed in U.S. dollars (“dollars” or “$”) or in euros (“euros” or “€”).
| At September 30, 2025 | |||
| (in millions of dollars) | |||
| Current financial debt, including current portion of non-current financial debt | |||
| Current portion of non-current financial debt | 5,290 | ||
| Current financial debt | 8,530 | ||
| Current portion of financial instruments for interest rate swaps liabilities | 324 | ||
| Other current financial instruments — liabilities | 244 | ||
| Financial liabilities directly associated with assets held for sale | 224 | ||
| Total current financial debt | 14,612 | ||
| Non-current financial debt | 49,552 | ||
| Non-controlling interests | 2,384 | ||
| Shareholders’ equity | |||
| Common shares | 7,059 | ||
| Paid-in surplus and retained earnings | 125,073 | ||
| Currency translation adjustment | (13,853 | ) | |
| Treasury shares | (2,998 | ) | |
| Total shareholders’ equity — TotalEnergies share | 115,281 | ||
| Total capitalization and non-current indebtedness | 167,217 |
As of September 30, 2025, TotalEnergies SE had an issued share capital of 2,206,585,543 ordinary shares with a par value of €2.50 per share, of which 40,128,443 were treasury shares. For more information on the delegations of authority and powers granted to the Board of Directors with respect to share capital increases and authorization for share cancellation, see Exhibit 15.1 (section 4.4.2, chapter 4) to the Annual Report on Form 20-F for the year ended December 31, 2024, filed with the Securities and Exchange Commission on March 31, 2025.
As of September 30, 2025, $8,943 million of TotalEnergies’ non-current financial debt was secured and $40,609 million was unsecured, and all of TotalEnergies’ current financial debt of $14,612 million was unsecured. As of September 30, 2025, TotalEnergies had no outstanding guarantees from third parties relating to its consolidated indebtedness.
For more information about TotalEnergies’ off-balance sheet commitments and contingencies, see Note 13.1 of the Notes to TotalEnergies’ audited Consolidated Financial Statements in its Annual Report on Form 20-F for the year ended December 31, 2024, filed with the Securities and Exchange Commission on March 31, 2025.
Except as disclosed herein, there have been no material changes in the consolidated capitalization, indebtedness and contingent liabilities of TotalEnergies since September 30, 2025.