PRESS RELEASE

TotalEnergies and Veolia Join Forces to Accelerate the
Development of Biomethane

Paris, February 02, 2022 – TotalEnergies and Veolia have signed an agreement to produce
biomethane from Veolia waste and water treatment facilities operating in more than 15
countries.

The partners will develop and co-invest in a portfolio of international projects, with the
ambition to produce up to 1.5 terawatt-hours (TWh) of biomethane per year by 2025. This
production of renewable gas made from organic waste will be equivalent to the average
annual natural gas consumption of 500,000 residents and will avoid some 200,000 tons of
CO2 per year. TotalEnergies will market the resulting biomethane as a renewable fuel for
mobility or as a substitute for natural gas in other uses.

As part of this agreement, the partners will pool their industrial know-how in biomethane
production. Veolia will provide its expertise in the production and processing of biogas from
its facilities, and TotalEnergies will contribute its in-depth knowledge of the entire biomethane
value chain.

"We are pleased to partner with Veolia to promote the recovery of waste through the
production of biomethane, and thereby the circular economy, one of the pillars of sustainable
development," said Stéphane Michel, President Gas, Renewables & Power at
TotalEnergies. "The development of biomethane is part of TotalEnergies' transformation into
a broad energy company, and the deployment of its ambition to be a major player in
renewables."

"Our partnership with TotalEnergies is in line with Veolia's strategy to develop solutions for
decarbonizing the energy mix, notably with biogas, as part of an ecological transition," said
Estelle Brachlianoff, Chief Operating Officer of Veolia. "At the global level, the biogas
resources at our sites offer more than 6 terawatt hours of primary energy. With this
biomethane production potential and our know-how in biogas management, Veolia intends to
become a leading player in the value chain while developing more decentralized and local
green energy production capacity."
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TotalEnergies and Biomethane
TotalEnergies is the segment leader in France, with close to 500 GWh of production capacity, and
aims to become a major player in biomethane internationally by partnering with market leaders such
as Clean Energy in the United States. The Company is active across the entire biomethane value
chain, from project development to marketing of biomethane and its by-products (biofertilizers,
bioCO2). It aims to produce at least 2 TWh of biomethane per year by 2025 – equivalent to the annual
consumption of 670,000 French consumers and a reduction in CO2 emissions of 400,000 tons.

Veolia and biomethane
Veolia is now one of the world's largest producers of energy from biogas, with a primary energy
resource of nearly 6 TWh. As a world leader in ecological transformation, Veolia aims to maximize the
recovery of biogas in the form of biomethane and to expand its global resource base, in a circular
economy approach. The Group's ambition is to become one of the leading players in the biomethane
sector and to develop more green energy production capacity to help combat climate change.

About TotalEnergies
TotalEnergies is a global multi-energy company that produces and markets energies: oil and biofuels,
natural gas and green gases, renewables and electricity. Our 105,000 employees are committed to
energy that is ever more affordable, cleaner, more reliable and accessible to as many people as
possible. Active in more than 130 countries, TotalEnergies puts sustainable development in all its
dimensions at the heart of its projects and operations to contribute to the well-being of people.

About de Veolia
Veolia Group aims to become the benchmark company for ecological transformation. Present on five
continents with nearly 179,000 employees, the Group designs and deploys useful, practical solutions
for the management of water, waste and energy that are contributing to a radical turnaround of the
current situation. Through its three complementary activities, Veolia helps to develop access to
resources, to preserve available resources and to renew them. In 2020, the Veolia group served 95
million inhabitants with drinking water and 62 million with sanitation, produced nearly 43 million
megawatt hours and recycled 47 million tonnes of waste. Veolia Environment (Paris Euronext: VIE)
achieved consolidated sales of 26.010 billion euros in 2020. www.veolia.com

TotalEnergies Contacts
Media Relations: +33 1 47 44 46 99 l presse@totalenergies.com l @TotalEnergiesPR
Investor Relations: +44 (0)207 719 7962 l ir@totalenergies.com

Veolia Contacts
Group Press Relations :+ 33 1 85 57 86 25 / 33 33 I presse.groupe@veolia.com
Investor Relations: + 33 1 85 57 84 76 / 84 80 I investor-relations@veolia.com


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