# EDGAR Filing Document

**Accession Number:** 0002082306
**File Stem:** 0001104659-25-085406
**Filing Date:** 2025-8
**Character Count:** 615708
**Document Hash:** d5659ea02983f5c8f52640e4b666a4b6
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-25-085406.hdr.sgml**: 20250829

**ACCESSION NUMBER**: 0001104659-25-085406

**CONFORMED SUBMISSION TYPE**: POSASR

**PUBLIC DOCUMENT COUNT**: 25

**FILED AS OF DATE**: 20250829

**DATE AS OF CHANGE**: 20250829

**EFFECTIVENESS DATE**: 20250829

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** TotalEnergies SE
- **CENTRAL INDEX KEY:** 0000879764
- **STANDARD INDUSTRIAL CLASSIFICATION:** CRUDE PETROLEUM & NATURAL GAS [1311]
- **ORGANIZATION NAME:** 01 Energy & Transportation
- **EIN:** 000000000
- **STATE OF INCORPORATION:** I0
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** POSASR
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-278983
- **FILM NUMBER:** 251277905

**BUSINESS ADDRESS:**
- **STREET 1:** 2 PLACE JEAN MILLIER
- **STREET 2:** LA DEFENSE 6
- **CITY:** COURBEVOIE
- **STATE:** I0
- **ZIP:** 92400
- **BUSINESS PHONE:** 33 (0)1 41 35 04 48

**MAIL ADDRESS:**
- **STREET 1:** 2 PLACE JEAN MILLIER
- **STREET 2:** ARCHE NORD COUPOLE/REGNAULT
- **CITY:** PARIS LA DEFENSE CEDEX
- **STATE:** I0
- **ZIP:** 92078

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** TOTAL SE
- **DATE OF NAME CHANGE:** 20200717

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** TOTAL S.A.
- **DATE OF NAME CHANGE:** 20121204

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** TOTAL SA
- **DATE OF NAME CHANGE:** 20030508
**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** TotalEnergies Capital International
- **CENTRAL INDEX KEY:** 0001533890
- **STANDARD INDUSTRIAL CLASSIFICATION:** CRUDE PETROLEUM & NATURAL GAS [1311]
- **ORGANIZATION NAME:** 01 Energy & Transportation
- **EIN:** 000000000
- **STATE OF INCORPORATION:** I0
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** POSASR
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-278983-01
- **FILM NUMBER:** 251277907

**BUSINESS ADDRESS:**
- **STREET 1:** 2 PLACE JEAN MILLIER - LA DEFENSE 6
- **CITY:** COURBEVOIE
- **STATE:** I0
- **ZIP:** 92400
- **BUSINESS PHONE:** 33 (0)1 41 35 04 48

**MAIL ADDRESS:**
- **STREET 1:** 2 PLACE JEAN MILLIER - LA DEFENSE 6
- **CITY:** COURBEVOIE
- **STATE:** I0
- **ZIP:** 92400

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Total Capital International
- **DATE OF NAME CHANGE:** 20111031
**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** TotalEnergies Capital USA, LLC
- **CENTRAL INDEX KEY:** 0002082306

**ORGANIZATION NAME:**
- **EIN:** 393409498
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231
- **LEGAL ENTITY IDENTIFIER:** 9845000979865101C194

**FILING VALUES:**
- **FORM TYPE:** POSASR
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-278983-04
- **FILM NUMBER:** 251277906

**BUSINESS ADDRESS:**
- **STREET 1:** 251 LITTLE FALLS DRIVE
- **STREET 2:** CORPORATION SERVICE COMPANY
- **CITY:** WILMINGTON
- **STATE:** DE
- **ZIP:** 19808
- **BUSINESS PHONE:** 713-483-5000

**MAIL ADDRESS:**
- **STREET 1:** 1201 LOUISIANA STREET SUITE 1800
- **CITY:** HOUSTON
- **STATE:** TX
- **ZIP:** 77002
**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** TotalEnergies Capital
- **CENTRAL INDEX KEY:** 0001226646
- **STANDARD INDUSTRIAL CLASSIFICATION:** CRUDE PETROLEUM & NATURAL GAS [1311]
- **ORGANIZATION NAME:** 01 Energy & Transportation
- **EIN:** 000000000

**FILING VALUES:**
- **FORM TYPE:** POSASR
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-278983-03
- **FILM NUMBER:** 251277908

**BUSINESS ADDRESS:**
- **STREET 1:** 2 PLACE JEAN MILLIER - LA DEFENSE 6
- **STREET 2:** COURBEVOIE
- **CITY:** FRANCE
- **STATE:** I0
- **ZIP:** 92400
- **BUSINESS PHONE:** 33 (0)1 41 35 04 48

**MAIL ADDRESS:**
- **STREET 1:** 2 PLACE JEAN MILLIER - LA DEFENSE 6
- **STREET 2:** COURBEVOIE
- **CITY:** FRANCE
- **STATE:** I0
- **ZIP:** 92400

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** TOTAL CAPITAL
- **DATE OF NAME CHANGE:** 20030514

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** TOTALFINAELF CAPITAL
- **DATE OF NAME CHANGE:** 20030409

**[**TABLE OF CONTENTS**](#TOC)

As filed with the Securities and Exchange Commission on August 29, 2025

Registration No. 333-278983

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Post-Effective Amendment No. 1 to

FORM F-3

REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933

TOTALENERGIES SE

(Exact Name of Registrant as Specified in Its Charter)

Republic of France

(State or Other Jurisdiction of Incorporation or Organization)

Not Applicable

(I.R.S. Employer Identification No.)

2, place Jean Millier La Défense 6 92400 Courbevoie France +33 1 47 44 45 46

(Address and Telephone Number of Registrant's Principal Executive Offices)

---

| | | |
|:---|:---|:---|
| TOTALENERGIES CAPITAL  | TOTALENERGIES CAPITAL USA, LLC  | TOTALENERGIES CAPITAL INTERNATIONAL  |
| (Exact Name of Registrant as Specified in Its Charter)  | (Exact Name of Registrant as Specified in Its Charter)  | (Exact Name of Registrant as Specified in Its Charter)  |

---

Republic of France Delaware Republic of France <br> (State or Other Jurisdiction of Incorporation or Organization) (State or Other Jurisdiction of Incorporation or Organization) (State or Other Jurisdiction of Incorporation or Organization)

Not Applicable 39-3409498 Not Applicable <br> (I.R.S. Employer Identification No.) (I.R.S. Employer Identification No.) (I.R.S. Employer Identification No.)

---

| | | |
|:---|:---|:---|
| 2, place Jean Millier La Défense 6 92400 Courbevoie France +33 1 47 44 45 46  | 1201 Louisiana Street Suite 1800 Houston, Texas 77002 United States +1 713 483 5000  | 2, place Jean Millier La Défense 6 92400 Courbevoie France +33 1 47 44 45 46  |
| (Address and Telephone Number of Registrant's Principal Executive Offices)  | (Address and Telephone Number of the Registrant's Principal Executive Offices)  | (Address and Telephone Number of Registrant's Principal Executive Offices)  |

---

Corporation Service Company 19 West 44th Street, Suite 200, New York, NY 10036 +1 800 927 9801

(Name, Address and Telephone Number of Agent for Service)

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**[**TABLE OF CONTENTS**](#TOC)

 *Please send copies of all communications to:* 

---

| | | | |
|:---|:---|:---|:---|
| Nolwenn Delaunay General Counsel TotalEnergies SE Tour Coupole 2, place Jean Millier Arche Nord Coupole/Regnault 92078 Paris La Défense Cedex France +33 1 47 44 45 46  | Max Turner White & Case LLP 19, place Vendôme 75001 Paris France +33 1 55 04 15 15  | Elodie Gal White & Case LLP 1221 Avenue of the Americas New York, NY 10020 +1 212 819 8200  | Denis Toulouse Company Treasurer TotalEnergies SE Tour CBX 1, Passerelle des Reflets 92400 Courbevoie France +33 1 47 44 45 46  |
|  | Trevor Lavelle Om Pandya Clifford Chance US LLP 845 Texas Avenue Houston, TX 77002 +1 713 821 8200  | Olivier Plessis Clifford Chance Europe LLP 1 Rue d'Astorg 75008 Paris France +33 1 44 05 54 87  |  |

---

Approximate date of commencement of proposed sale to the public: From time to time after the effective date of this registration statement.

If the only securities being registered on this Form are being offered pursuant to dividend or interest reinvestment plans, please check the following box. ☐

If any of the securities being registered on this Form are to be offered on a delayed or continuous basis pursuant to Rule 415 under the Securities Act of 1933, please check the following box. ☒

If this Form is filed to register additional securities for an offering pursuant to Rule 462(b) under the Securities Act, please check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. ☐

If this Form is a post-effective amendment filed pursuant to Rule 462(c) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. ☐

If this Form is a registration statement pursuant to General Instruction I.C. or a post-effective amendment thereto that shall become effective upon filing with the Commission pursuant to Rule 462(e) under the Securities Act, check the following box. ☒

If this Form is a post-effective amendment to a registration statement filed pursuant to General Instruction I.C. filed to register additional securities or additional classes of securities pursuant to Rule 413(b) under the Securities Act, check the following box. ☒

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933.

Emerging growth company ☐

If an emerging growth company that prepares its financial statements in accordance with U.S. GAAP, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 7(a)(2)(B) of the Securities Act. ☐

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#### EXPLANATORY NOTE
This Post-Effective Amendment No. 1 (the "Amendment") to the Registration Statement on Form F-3ASR (File No. 333-278983) (the "Registration Statement") of TotalEnergies SE is being filed pursuant to Rule 413(b) under the Securities Act of 1933, as amended, to: (i) remove TotalEnergies Capital Canada Ltd. as an issuer and as a co-registrant to the Registration Statement; (ii) add TotalEnergies Capital USA, LLC, a wholly-owned indirect subsidiary of TotalEnergies SE, as an issuer and as a co-registrant to the Registration Statement and register the debt securities of TotalEnergies Capital USA, LLC and the related guarantees by TotalEnergies SE of such debt securities of TotalEnergies Capital USA, LLC as additional securities that may be offered under the prospectus included herein; (iii) amend the prospectus that forms a part of the Registration Statement to describe such debt securities and related guarantees and to update certain information contained in the Registration Statement; (iv) update certain information in Part II of the Registration Statement; and (v) file additional exhibits to the Registration Statement. This Amendment to the Registration Statement shall become effective immediately upon filing with the Securities and Exchange Commission.

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#### PROSPECTUS

### TOTALENERGIES SE

### TOTALENERGIES CAPITAL

#### FULLY AND UNCONDITIONALLY GUARANTEED by TOTALENERGIES SE

### TOTALENERGIES CAPITAL USA, LLC

#### FULLY AND UNCONDITIONALLY GUARANTEED by TOTALENERGIES SE

### TOTALENERGIES CAPITAL INTERNATIONAL

#### FULLY AND UNCONDITIONALLY GUARANTEED by TOTALENERGIES SE
(GUARANTEED) DEBT SECURITIES

TotalEnergies SE, TotalEnergies Capital, TotalEnergies Capital USA, LLC or TotalEnergies Capital International may offer and sell debt securities from time to time in one or more offerings using this prospectus. Debt securities offered by TotalEnergies Capital, TotalEnergies Capital USA, LLC and/or TotalEnergies Capital International using this prospectus will be fully and unconditionally guaranteed by TotalEnergies SE, and are referred to as guaranteed debt securities in this prospectus.

This prospectus provides you with a general description of the securities. Each time we offer and sell securities, we will provide a supplement to this prospectus that contains specific information about the offering and the amounts, prices and terms of the securities. The supplement may also add, update or change information contained in this prospectus with respect to that offering. You should carefully read this prospectus and the applicable prospectus supplement before you invest in any of our securities.

We may offer and sell the securities described in this prospectus and any prospectus supplement to or through one or more underwriters, dealers and agents, or directly to purchasers, or through a combination of these methods. If any underwriters, dealers or agents are involved in the sale of any of the securities, their names and any applicable purchase price, fee, commission or discount arrangement between or among them will be set forth, or will be calculable from the information set forth, in the applicable prospectus supplement. See the sections of this prospectus entitled "*About this Prospectus*" and "*Plan of Distribution*" for more information. No securities may be sold without delivery of this prospectus and the applicable prospectus supplement describing the method and terms of the offering of such securities.

Investing in our securities involves certain risks. See "*Risk Factors*" beginning on page [5](#tRIFA) of this prospectus and any similar section contained in the applicable prospectus supplement concerning factors you should consider before investing in our securities.

Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of these securities, or passed upon the adequacy or accuracy of this prospectus. Any representation to the contrary is a criminal offense.

The date of this prospectus is August 29, 2025.

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#### **TABLE OF CONTENTS**

---

| | |
|:---|:---|
| [ABOUT THIS PROSPECTUS](#tATP)  | [1](#tATP) |
| [ENFORCEABILITY OF CERTAIN CIVIL LIABILITIES](#tEOCC)  | [2](#tEOCC) |
| [WHERE YOU CAN FIND MORE INFORMATION; INCORPORATION BY REFERENCE](#tWYCF)  | [2](#tWYCF) |
| [TOTALENERGIES SE](#tTOSE)  | [4](#tTOSE) |
| [TOTALENERGIES CAPITAL](#tTOCA)  | [4](#tTOCA) |
| [TOTALENERGIES CAPITAL USA, LLC](#tTCUL)  | [4](#tTCUL) |
| [TOTALENERGIES CAPITAL INTERNATIONAL](#tTCI)  | [4](#tTCI) |
| [RISK FACTORS<sup>,</sup>](#tRIFA)  | [5](#tRIFA) |
| [USE OF PROCEEDS](#tUOP)  | [7](#tUOP) |
| [FORWARD-LOOKING STATEMENTS](#tFOST)  | [8](#tFOST) |
| [DESCRIPTION OF DEBT SECURITIES AND GUARANTEE](#tDODS)  | [8](#tDODS) |
| [CLEARANCE AND SETTLEMENT](#tCAS)  | [21](#tCAS) |
| [TAX CONSIDERATIONS](#tTACO)  | [25](#tTACO) |
| [PLAN OF DISTRIBUTION](#tPOD)  | [36](#tPOD) |
| [LEGAL MATTERS](#tLEMA)  | [37](#tLEMA) |
| [EXPERTS](#tEXP)  | [38](#tEXP) |
| [EXPENSES](#tEXP1)  | [39](#tEXP1) |
| [PART II INFORMATION NOT REQUIRED IN PROSPECTUS](#tPAII)  | [II-1](#tPAII) |

---

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#### ABOUT THIS PROSPECTUS
This prospectus is part of a registration statement that we filed with the U.S. Securities and Exchange Commission, or the SEC, as a "well-known seasoned issuer" as defined in Rule 405 under the Securities Act of 1933, as amended, utilizing a shelf registration process. By using a shelf registration statement, we may sell the securities described in this prospectus from time to time and in one or more offerings as described in the prospectus. This prospectus provides you with a general description of the securities we may offer. Each time TotalEnergies SE, TotalEnergies Capital, TotalEnergies Capital USA, LLC or TotalEnergies Capital International offers and sells securities, we will provide a prospectus supplement to this prospectus that contains specific information about the securities being offered and sold and the specific terms of that offering. We may also authorize one or more free writing prospectuses to be provided to you that may contain material information relating to these offerings. The prospectus supplement or the free writing prospectus may also add, update or change information contained in this prospectus with respect to that offering. If there is any inconsistency between the information in this prospectus and the applicable prospectus supplement or free writing prospectus, you should rely on the prospectus supplement or free writing prospectus, as applicable. Before purchasing any securities, you should carefully read both this prospectus and the applicable prospectus supplement (and any applicable free writing prospectuses) together with the additional information described under the heading "*Where You Can Find More Information; Incorporation by Reference*".

We have not authorized anyone to provide you with any information or to make any representations other than those contained in this prospectus, any applicable prospectus supplement or any free writing prospectuses prepared by or on behalf of us or to which we have referred you. We take no responsibility for, and can provide no assurance as to the reliability of, any other information that others may give you. We will not make an offer to sell these securities in any jurisdiction where the offer or sale is not permitted. You should assume that the information appearing in this prospectus and the applicable prospectus supplement to this prospectus is accurate only as of the date on its respective cover, that the information appearing in any applicable free writing prospectus is accurate only as of the date of that free writing prospectus, and that any information incorporated by reference is accurate only as of the date of the document incorporated by reference, unless we indicate otherwise. Our business, financial condition, results of operations and prospects may have changed since those dates. This prospectus incorporates by reference, and any prospectus supplement or free writing prospectus may contain and incorporate by reference, market data and industry statistics and forecasts that are based on independent industry publications and other publicly available information. Although we believe these sources are reliable, we do not guarantee the accuracy or completeness of this information and we have not independently verified this information. In addition, the market and industry data and forecasts that may be included or incorporated by reference in this prospectus, any prospectus supplement or any applicable free writing prospectus may involve estimates, assumptions and other risks and uncertainties and are subject to change based on various factors, including those discussed under the heading "*Risk Factors*" contained in this prospectus, the applicable prospectus supplement and any applicable free writing prospectus, and under similar headings in other documents that are incorporated by reference into this prospectus. Accordingly, investors should not place undue reliance on this information.

In this prospectus, the terms "we", "our" and "us" refer to TotalEnergies SE or, in connection with an offering by TotalEnergies Capital, both TotalEnergies SE and TotalEnergies Capital or, in connection with an offering by TotalEnergies Capital USA, LLC, both TotalEnergies SE and TotalEnergies Capital USA, LLC or, in connection with an offering by TotalEnergies International, both TotalEnergies SE and TotalEnergies Capital International, the "Company" or the "Guarantor" refers to TotalEnergies SE, "TotalEnergies" refers to TotalEnergies SE and its direct and indirect consolidated subsidiaries, "TotalEnergies Capital" refers to TotalEnergies Capital, "TotalEnergies Capital USA" refers to TotalEnergies Capital USA, LLC and "TotalEnergies Capital International" refers to TotalEnergies Capital International. Any debt securities of TotalEnergies Capital, TotalEnergies Capital USA or TotalEnergies Capital International that are offered using this prospectus will be fully and unconditionally guaranteed by the Guarantor, and are referred to as guaranteed debt securities.

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#### ENFORCEABILITY OF CERTAIN CIVIL LIABILITIES
TotalEnergies SE is a European company (*Societas Europaea* or SE) incorporated under the laws of France and TotalEnergies Capital and TotalEnergies Capital International are *sociétés anonymes*, each incorporated under the laws of France. TotalEnergies Capital USA is a limited liability company organized under the laws of Delaware. Many of our directors, managers and officers, and some of the experts named in this document, reside outside the United States, principally in France. In addition, although we have assets in the United States, a large portion of our assets and the assets of our directors and officers is located outside of the United States. As a result, although we have appointed Corporation Service Company, 19 West 44th Street, Suite 200, New York, NY 10036 as agent for service of process under the registration statement to which this prospectus relates, U.S. investors may find it difficult in a lawsuit based on the civil liability provisions of the U.S. federal securities laws:

• to effect service within the United States upon us or our directors and officers located outside the United States;

• to enforce in U.S. courts or outside the United States judgments obtained against us or those persons in the U.S. courts;

• to bring an original action in a French court to enforce such liabilities against us or those persons; and

• to enforce against us or those persons in France or in other jurisdictions outside the United States, in non-U.S. courts, including French courts, judgments of U.S. courts predicated upon such liabilities.

#### WHERE YOU CAN FIND MORE INFORMATION; INCORPORATION BY REFERENCE

#### Available Information
TotalEnergies SE files annual reports and other reports and information with the SEC. The SEC maintains a web site that contains reports and other information about issuers, such as us, who file electronically with the SEC. The address of that website is *http://www.sec.gov*.

Our web site address is *http://www.totalenergies.com*. The information on our website, however, is not, and should not be deemed to be, a part of this prospectus.

The Company's American depositary shares are listed on the New York Stock Exchange ("NYSE", United States). The principal trading market for the Company's shares is Euronext Paris (France). The Company's shares are also listed on Euronext Brussels (Belgium) and the London Stock Exchange ("LSE", United Kingdom) through CREST Depository Interest ("CDI"). You can consult reports and other information about the Company that it files pursuant to the rules of the New York Stock Exchange at such exchange.

The Company has filed with the SEC a registration statement on Form F-3 relating to the securities covered by this prospectus. This prospectus and any prospectus supplement are part of a registration statement and do not contain all of the information in the registration statement. Forms of the indentures and other documents establishing the terms of the offered securities are or may be filed as exhibits to the registration statement or documents incorporated by reference in the registration statement. Whenever a statement is made in this prospectus or any prospectus supplement about these documents, the statement is only a summary and each statement is qualified in all respects by reference to the document to which it refers. You should refer to the actual documents for a more complete description of all of the relevant matters. You may inspect a copy of the registration statement through the SEC's website, as provided above.

#### Incorporation by Reference
The SEC's rules allow TotalEnergies to "incorporate by reference" into this prospectus the information in documents filed with the SEC. This means that TotalEnergies can disclose important information to you by referring you to those documents. Each document incorporated by reference is current only as of the date of such document, and the incorporation by reference of such documents shall not create any implication that there has been no change in our affairs since the date thereof or that the information contained therein is current as of any time subsequent to its date. The information incorporated by reference is deemed to be part of this prospectus, and subsequent information that we file with the SEC will automatically update and supersede that information. Any statement contained in this prospectus or a previously filed document incorporated by reference will be deemed to be modified or superseded for purposes of this prospectus to the extent that a statement contained in this prospectus or a subsequently filed document incorporated by reference modifies or replaces that statement.

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This prospectus and any accompanying prospectus supplement incorporate by reference the documents set forth below that have previously been filed with the SEC:

• [the Annual Report on Form 20-F for the year ended December 31, 2024, filed with the SEC on March 31, 2025; and](http://www.sec.gov/ix?doc=/Archives/edgar/data/879764/000110465925029751/tot-20241231x20f.htm)

• [the report on Form 6-K furnished to the SEC on July 24, 2025.](http://www.sec.gov/Archives/edgar/data/879764/000141057825001493/tot-20250630x6k.htm)

All reports and other documents TotalEnergies subsequently files pursuant to Section 13(a), 13(c) or 15(d) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), prior to the termination of this offering but excluding any information furnished to, rather than filed with, the SEC, will also be incorporated by reference into this prospectus and deemed to be part of this prospectus from the date of the filing of such reports and documents.

Furthermore, TotalEnergies incorporates by reference any reports on Form 6-K furnished to the SEC by TotalEnergies pursuant to the Exchange Act prior to the termination of this offering that indicate on their cover page that they are incorporated by reference in this prospectus.

The [Annual Report on Form 20-F of TotalEnergies for the year ended December 31, 2024](http://www.sec.gov/ix?doc=/Archives/edgar/data/879764/000110465925029751/tot-20241231x20f.htm) contains a summary description of TotalEnergies' business and audited consolidated financial statements with an auditors' report by TotalEnergies' independent registered public accounting firms. These financial statements were prepared in accordance with International Financial Reporting Standards (IFRS) as issued by the International Accounting Standards Board (IASB) and IFRS as adopted by the European Union, which we refer to herein as "IFRS".

Each person, including any beneficial owner, to whom a prospectus is delivered, may request a copy of any or all of the information that has been incorporated by reference in this prospectus, other than an exhibit to a filing unless that exhibit is specifically incorporated by reference into that filing, at no cost, by writing to or telephoning TotalEnergies at the following address:

TOTALENERGIES SE

Tour Coupole

2, place Jean Millier

Arche Nord Coupole/Regnault

92078 Paris La Défense Cedex

France

+33 1 47 44 45 46

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#### TOTALENERGIES SE
The Company was incorporated on March 28, 1924 and has a duration until March 28, 2119, unless earlier dissolved or extended to a later date. With a presence in about 120 countries, TotalEnergies is a globally integrated energy company that produces and markets energies: oil and biofuels, natural gas, biogas and low-carbon hydrogen renewables and electricity. TotalEnergies' model of value creation is based on integration across the energy value chain, from exploration and production of oil, gas and electricity to energy distribution to the end customer, and including refining, liquefaction, petrochemicals, trading, and energy transportation and storage. The Company's corporate name is TotalEnergies SE, effective as of May 28, 2021 upon the adoption of a resolution at the annual general meeting of shareholders to change the name from TOTAL SE to TotalEnergies SE. As of December 31, 2024, the Group's organization is centered around five business segments: Exploration & Production, Integrated LNG, Integrated Power, Refining & Chemicals and Marketing & Services.

#### TOTALENERGIES CAPITAL
TotalEnergies Capital is a wholly owned indirect subsidiary of the Company, other than certain shares held by its directors. It was incorporated as a *société anonyme* under the laws of France on December 15, 1999 under the name of DAJA 22, renamed TotalFinaElf Capital on July 17, 2000, renamed Total Capital on May 6, 2003, renamed TotalEnergies Capital on June 15, 2021 and has a duration until December 15, 2098. TotalEnergies Capital is a financing vehicle for TotalEnergies and issues debt securities and commercial paper on behalf of TotalEnergies. TotalEnergies Capital lends substantially all proceeds of its borrowings to TotalEnergies. The Guarantor will fully and unconditionally guarantee any guaranteed debt securities issued by TotalEnergies Capital as to payment of principal, premium, if any, interest and any other amounts due. As permitted under Rule 13-01 of Regulation S-X, we have not included summarized financial information for TotalEnergies Capital, because it does not have any material assets, liabilities, or operations other than related to its debt financing activities and management believes such summarized financial information would be repetitive and would not provide incremental value to investors.

#### TOTALENERGIES CAPITAL USA, LLC
TotalEnergies Capital USA is a wholly owned indirect subsidiary of the Company. It was organized as a limited liability company under the laws of the State of Delaware on July 21, 2025. TotalEnergies Capital USA is a financing vehicle for TotalEnergies and issues debt securities and commercial paper on behalf of TotalEnergies. TotalEnergies Capital USA lends substantially all proceeds of its borrowings to TotalEnergies. The Guarantor will fully and unconditionally guarantee any guaranteed debt securities issued by TotalEnergies Capital USA as to payment of principal, premium, if any, interest and any other amounts due. As permitted under Rule 13-01 of Regulation S-X, we have not included summarized financial information for TotalEnergies Capital USA, because it does not have any material assets, liabilities, or operations other than related to its debt financing activities and management believes such summarized financial information would be repetitive and would not provide incremental value to investors.

#### TOTALENERGIES CAPITAL INTERNATIONAL
TotalEnergies Capital International is a wholly owned subsidiary of the Company, other than certain shares held by its directors. It was incorporated as a *société anonyme* under the laws of France on December 13, 2004 under the name of DAJA 56, renamed Total Capital International on May 5, 2011 and renamed TotalEnergies Capital International on June 15, 2021 and has a duration until December 13, 2103. TotalEnergies Capital International is a financing vehicle for TotalEnergies and issues debt securities on behalf of TotalEnergies. TotalEnergies Capital International lends substantially all proceeds of its borrowings to TotalEnergies. The Guarantor will fully and unconditionally guarantee any guaranteed debt securities issued by TotalEnergies Capital International as to payment of principal, premium, if any, interest and any other amounts due. As permitted under Rule 13-01 of Regulation S-X, we have not included summarized financial information for TotalEnergies Capital International, because it does not have any material assets, liabilities, or operations other than related to its debt financing activities and management believes such summarized financial information would be repetitive and would not provide incremental value to investors.

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#### RISK FACTORS
 *Investing in the securities offered using this prospectus involves risk. Before deciding whether to invest in our securities, you should consider carefully the risks described below, together with the risks described in the documents incorporated by reference into this prospectus, and any risk factors included in the prospectus supplement. There may be other unknown or unpredictable economic, business, competitive, regulatory or other factors that could have material adverse effects on our future results. Past financial performance may not be a reliable indicator of future performance, and historical trends should not be used to anticipate results or trends in future periods. If any of these risks actually occur, our business and liquidity, financial condition, results of operations or cash flow could be seriously harmed. This could cause the trading price of our securities, including the securities offered using this prospectus, to decline, resulting in a loss of all or part of your investment. Please also carefully read the section entitled "Cautionary Statement Concerning Forward-Looking Statements" included in our most recent Annual Report on Form 20-F and any subsequent Current Reports on Form 6-K.* 

#### Risks relating to TotalEnergies' Business
You should read "*Risk Factors*" in TotalEnergies' [Annual Report on Form 20-F for the year ended December 31, 2024](http://www.sec.gov/ix?doc=/Archives/edgar/data/879764/000110465925029751/tot-20241231x20f.htm), which is incorporated by reference in this prospectus, for information on risks relating to TotalEnergies' business.

#### Risks related to the offering and owning the debt securities
 ***Since the Company is a holding company and currently conducts its operations through subsidiaries, your right to receive payments on the debt securities and the guarantee is subordinated to the other liabilities of the Company's subsidiaries.***

The Company is organized as a holding company, and substantially all of its operations are carried on through subsidiaries. The Company's principal source of income is the dividends and distributions it receives from its subsidiaries. The Company's ability to meet its financial obligations is dependent upon the availability of cash flows from its domestic and foreign subsidiaries and affiliated companies through dividends, intercompany advances, management fees and other payments. The Company's subsidiaries are not guarantors on the debt securities we may offer, with any of the Company, TotalEnergies Capital, TotalEnergies Capital USA or TotalEnergies Capital International as issuer. Moreover, these subsidiaries and affiliated companies are not required and may not be able to pay dividends to the Company. Claims of the creditors of the Company's subsidiaries have priority as to the assets of such subsidiaries over the claims of creditors of the Company. Consequently, holders of the Company's debt securities or TotalEnergies Capital's debt securities, TotalEnergies Capital USA's debt securities or TotalEnergies Capital International's debt securities, in each case, that are guaranteed by the Guarantor, are in fact structurally subordinated, on the Guarantor's insolvency, to the prior claims of the creditors of the Guarantor's subsidiaries.

In addition, some of the Company's subsidiaries are subject to laws restricting the amount of dividends they may pay. For example, these laws may prohibit dividend payments when net assets would fall below subscribed share capital, when the subsidiary lacks available profits or when the subsidiary fails to meet certain capital and reserve requirements. For example, French law prohibits those subsidiaries incorporated in France from paying dividends unless these payments are made out of distributable profits. These profits consist of accumulated, realized profits, which have not been previously utilized, less accumulated, realized losses, which have not been previously written off. Other statutory and general law obligations may also affect the ability of directors of the Company's subsidiaries to declare dividends and the ability of our subsidiaries to make payments to us on account of intercompany loans.

#### Since the debt securities are unsecured, your right to receive payments may be adversely affected.
The debt securities that we are offering will be unsecured. The debt securities are not subordinated to any of our other debt obligations, and therefore they will rank equally with all our other unsecured and unsubordinated indebtedness (save for certain mandatory exceptions provided by French law). If any of TotalEnergies, TotalEnergies Capital, TotalEnergies Capital USA or TotalEnergies Capital International, as issuer of the debt securities, defaults on the debt securities (or the guarantee in the case of TotalEnergies if it is relevant), or after bankruptcy, liquidation or reorganization, then, to the extent the relevant obligor has granted security over its assets, the assets that secure that entity's debts will be used to satisfy the obligations under that secured debt before the obligor can make payment on the debt securities or the guarantee. There may only be limited assets available to make payments on the debt securities or the guarantee in the event of

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an acceleration of the debt securities. If there is not enough collateral to satisfy the obligations of the secured debt, then the remaining amounts on the secured debt would share equally with all unsubordinated unsecured indebtedness (save for certain mandatory exceptions provided by French law).

#### At any point in time there may or may not be an active trading market for the debt securities.
At any point in time there may or may not be an active trading market for the debt securities. Unless indicated otherwise in the applicable prospectus supplement, the debt securities that we offer will not be listed on any securities exchange or made available for quotation on any automated interdealer quotation system. In addition, underwriters, broker-dealers and agents that participate in the distribution of the debt securities may make a market in the debt securities as permitted by applicable laws and regulations but will have no obligation to do so, and any such market-making activities with respect to the debt securities may be discontinued at any time without notice. If any of the debt securities are traded after their initial issuance, they may trade at a discount from their initial offering price. Among the factors that could cause the debt securities to trade at a discount are: an increase in prevailing interest rates; a decline in our credit worthiness; the time remaining to the maturity; a weakness in the market or investor demand for our securities and similar securities; and declining general economic conditions.

#### Transactions in the debt securities could be subject to the European financial transaction tax, if adopted.
On February 14, 2013, the European Commission adopted a proposal for a Council Directive (the "Draft Directive") on a common financial transaction tax ("FTT"). According to the Draft Directive, the FTT should be implemented in eleven EU Member States (Austria, Belgium, Estonia, France, Germany, Greece, Italy, Portugal, Spain, Slovakia and Slovenia; the "Participating Member States"). However, in March 2016, Estonia officially indicated that it would no longer be a Participating Member State.

The Commission's Proposal has a very broad scope and, if introduced in its current form, could apply to certain dealings in the debt securities (including secondary market transactions) in certain circumstances. The mechanism by which the tax would apply and be collected is not yet known, but if the Commission's Proposal or any similar tax were adopted, transactions in the debt securities could be subject to higher costs, and the liquidity of the market for the debt securities may be diminished.

The EU FTT could, if introduced in its current draft form, apply, under certain circumstances, to some transactions involving the debt securities and to persons both established within and outside the Participating Member States. On October 10, 2016, the European Commission has been tasked with the drafting of the legislation that will be submitted to the Participating Member States. However, and despite several attempts, no agreement has been found between the Participating Member States so far. Such Participating Member States agreed to continue negotiating on a new proposal based on the French model which in principle would only concern shares of listed companies whose head office is in a Member State of the European Union. However, such proposal is still subject to change until a final approval, the scope of such tax being therefore uncertain. The timing of its implementation remains also unclear. Additional EU member states may decide to participate and certain of the Participating Member States may decide to withdraw. In February 2021, the Portuguese Presidency of the Council proposed an inclusive discussion among all Member States on tax design issues of the EU FTT. Since then, the participating countries have regularly held meetings on the proposal, but the issue has remained so far at a standstill in Council. In June 2023, the Commission stated that "the prospects of reaching an agreement on the FTT in the future were limited" adding there was "little expectation that any proposal would be agreed in the short term."

Prospective holders of the debt securities should consult their own tax advisers in relation to the consequences of the FTT associated with subscribing for, purchasing, holding and disposing of the debt securities.

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#### USE OF PROCEEDS
We intend to use the net proceeds from the sale of the securities as set forth in the applicable prospectus supplement.

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#### FORWARD-LOOKING STATEMENTS
Some of the information contained or incorporated by reference in this prospectus and any applicable prospectus supplement may constitute "forward-looking statements" within the meaning of the safe harbor provisions of The Private Securities Litigation Reform Act of 1995. Although we have based these forward-looking statements on our expectations and projections about future events, it is possible that actual results may differ materially from our expectations. In many cases, we include a discussion of the factors that are most likely to cause forward-looking statements to differ from actual results together with the forward-looking statements themselves.

Information regarding important factors that could cause actual results to differ, perhaps materially, from those in our forward looking statements is contained under "*Cautionary Statement Concerning Forward-Looking Statements*" in our Annual Report on Form 20-F for 2024, which is incorporated in this prospectus by reference (and will be contained in any of our annual reports for a subsequent year that are so incorporated). See "*Where You Can Find More Information; Incorporation by Reference*" above for information about how to obtain a copy of this annual report.

In light of the factors set forth in the applicable Annual Report on Form 20-F and the other factors described in this prospectus, the forward-looking events might not occur at all or may occur differently than as described. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information or future events or for any other reason.

#### DESCRIPTION OF DEBT SECURITIES AND GUARANTEE

#### General
TotalEnergies SE may issue debt securities and TotalEnergies Capital, TotalEnergies Capital USA or TotalEnergies Capital International may issue guaranteed debt securities using this prospectus. As required by U.S. federal law for all bonds and notes of companies that are publicly offered, the debt securities that the Company may issue are governed by a contract between TotalEnergies SE and The Bank of New York Mellon, London Branch, as trustee, called an indenture. In the same manner, the guaranteed debt securities that each of TotalEnergies Capital, TotalEnergies Capital USA or TotalEnergies Capital International may issue are governed by another, separate indenture, in each case among the respective issuer, the Company and The Bank of New York Mellon, London Branch, as trustee. Unless otherwise stated in a prospectus supplement, the address for the trustee is The Bank of New York Mellon, London Branch, 160 Queen Victoria Street, London EC4V 4LA, United Kingdom.

The trustee under the indentures has two main roles:

• first, it can enforce your rights against us if we default. There are some limitations on the extent to which the trustee acts on your behalf, described under "*Default and Related Matters—Events of Default—Remedies If an Event of Default Occurs*" below; and

• second, the trustee performs administrative duties for us, such as sending you interest payments, transferring your debt securities to a new buyer if you sell your debt securities and sending you notices.

Under the indenture for the guaranteed debt securities that may be issued by TotalEnergies Capital, TotalEnergies Capital USA or TotalEnergies Capital International, TotalEnergies acts as the guarantor. For the guaranteed debt securities that TotalEnergies Capital, TotalEnergies Capital USA or TotalEnergies Capital International may issue using this prospectus, TotalEnergies SE will fully and unconditionally guarantee the payment of the principal of, premium, if any, and interest on the guaranteed debt securities, including certain additional amounts which may be payable under the debt securities and the guarantee, as described under "—*Special Situations—Payment of Additional Amounts*". TotalEnergies SE will guarantee the payment of such amounts when such amounts become due and payable, whether at the stated maturity of the guaranteed debt securities, by declaration or acceleration, call for redemption or otherwise.

In other respects, the guaranteed debt securities are subject to the same material provisions as the other debt securities described below.

Each indenture and its associated documents contain the full legal text governing the matters described in this section. The indentures, the debt securities and the guarantee are governed by New York law. We and the trustee have agreed to, and each holder of a debt security by its acceptance thereof agrees to, waive the right

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to trial by jury with respect to any legal proceeding directly or indirectly arising out of or relating to the indentures or the debt securities. A form of each indenture is an exhibit to our registration statement. See "*Where You Can Find More Information; Incorporation by Reference*" for information on how to obtain a copy.

The trustee will not be liable for special, indirect or consequential damages and will not be liable for any failure of its obligations caused by circumstances beyond its reasonable control.

This section summarizes the material provisions of the indentures, the debt securities and, for the case of guaranteed debt securities, the guarantee. However, because it is a summary, it does not describe every aspect of the indentures, the debt securities or the guarantee. This summary is subject to and qualified in its entirety by reference to all the provisions of the indentures, including some of the terms used in the indentures. We describe the meaning for only the more important terms. We also include references in parentheses to some sections of the indentures. Whenever we refer to particular sections or defined terms of the indentures in this prospectus or in the prospectus supplement, those sections or defined terms are incorporated by reference herein or in the prospectus supplement. This summary also is subject to and qualified by reference to the description of the particular terms of your series described in the prospectus supplement.

TotalEnergies SE, TotalEnergies Capital, TotalEnergies Capital USA and TotalEnergies Capital International may issue as many distinct series of debt securities under their respective indentures as we wish. This section summarizes all material terms of the debt securities that are common to all series, unless otherwise indicated in the prospectus supplement relating to a particular series. References to "we" and "us" in this section refer to either TotalEnergies SE, or in connection with an offering of guaranteed debt securities, both TotalEnergies SE and TotalEnergies Capital, TotalEnergies SE and TotalEnergies Capital USA or TotalEnergies SE and TotalEnergies Capital International unless otherwise indicated.

We may issue the debt securities as original issue discount securities, which are debt securities that are offered and sold at a substantial discount to their stated principal amount. (*Section 101*) Special U.S. federal income tax, accounting and other considerations may apply to original issue discount securities. These considerations are discussed below under "*Tax Considerations—United States Federal Income Taxation*". The debt securities may also be issued as indexed securities or securities denominated in foreign currencies or currency units, as described in more detail in the prospectus supplement relating to any such debt securities.

Unless otherwise specified in a prospectus supplement, we may issue debt securities of the same series as an outstanding series of debt securities without the consent of holders of securities in the outstanding series. Any additional debt securities so issued will have the same terms as the existing debt securities of the same series in all respects (except for the first interest payment on the new series, if any), so that such additional debt securities will be consolidated and form a single series with the existing debt securities of the same series.

In addition, the specific financial, legal and other terms particular to a series of debt securities are described in the prospectus supplement and the purchase agreement relating to the series. Those terms may vary from the terms described here. Accordingly, this summary also is subject to and qualified by reference to the description of the terms of the series described in the prospectus supplement and the terms of the applicable supplemental indenture that will be described therein.

The prospectus supplement relating to a series of debt securities will describe the following terms of the series:

• the title of the series of debt securities;

• any limit on the aggregate principal amount of the series of debt securities;

• any stock exchange, if any, on which we list the series of debt securities;

• the date or dates on which we will pay the principal of the series of debt securities;

• the rate or rates, which may be fixed or variable, per annum at which the series of debt securities will bear interest, if any, and the date or dates from which that interest, if any, will accrue;

• the dates on which interest, if any, on the series of debt securities will be payable and the regular record dates for the interest payment dates;

• any mandatory or optional sinking funds or analogous provisions or provisions for redemption at the option of the holder;

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• the date, if any, after which and the price or prices at which the series of debt securities may, in accordance with any optional or mandatory redemption provisions that are not described in this prospectus, be redeemed and the other detailed terms and provisions of those optional or mandatory redemption provisions, if any;

• the denominations in which the series of debt securities will be issuable if other than denominations of $1,000 and any integral multiple of $1,000;

• the currency of payment of principal of, premium, if any, and interest on the series of debt securities if other than the currency of the United States of America and the manner of determining the equivalent amount in the currency of the United States of America, if applicable;

• any index used to determine the amount of payment of principal of, premium, if any, and interest on the series of debt securities;

• whether we will be required to pay additional amounts for withholding taxes or other governmental charges and, if applicable, a related right to an optional tax redemption for such a series;

• whether the series of debt securities will be issuable in whole or in part in the form of a global security as described below under "*Legal Ownership—Global Securities*", and the depositary or its nominee with respect;

• to the series of debt securities, and any special circumstances under which the global security may be registered for transfer or exchange in the name of a person other than the depositary or its nominee; and

• any other special features of the series of debt securities.

The debt securities will be issued only in fully registered form without interest coupons.

#### Legal Ownership

#### Street Name and Other Indirect Holders
We generally will not recognize investors who hold securities in accounts at banks or brokers as legal holders of securities. When we refer to the holders of securities, we mean only the actual legal and (if applicable) record holder of those securities. Holding securities in accounts at banks or brokers is called holding in street name. If you hold securities in street name, we will recognize only the bank or broker or the financial institution the bank or broker uses to hold its securities. These intermediary banks, brokers and other financial institutions pass along principal, interest and other payments on the securities, either because they agree to do so in their customer agreements or because they are legally required to do so. If you hold securities in street name, you should check with your own institution to find out:

• how it handles securities payments and notices;

• whether it imposes fees or charges;

• how it would handle voting if it were ever required to vote;

• whether and how you can instruct it to send you securities registered in your own name so you can be a direct holder as described below; and

• how it would pursue rights under the securities if there were a default or other event triggering the need for holders to act to protect their interests.

#### Direct Holders
Our obligations, as well as the obligations of the trustee and those of any third parties employed by us or the trustee, under the securities run only to persons who are registered as holders of securities. As noted above, we do not have obligations to you if you hold in street name or other indirect means, either because you choose to hold securities in that manner or because the securities are issued in the form of global securities as described below. For example, once we make payment to the registered holder, we have no further responsibility for the payment even if that holder is legally required to pass the payment along to you as a street name customer but does not do so.

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#### Global Securities
*What is a Global Security?* A global security is a special type of indirectly held security, as described above under "*Street Name and Other Indirect Holders*". If we choose to issue securities in the form of global securities, the ultimate beneficial owners can only be indirect holders.

We require that the securities included in the global security not be transferred to the name of any other direct holder unless the special circumstances described below occur. The financial institution that acts as the sole direct holder of the global security is called the depositary. Any person wishing to own a security must do so indirectly by virtue of an account with a broker, bank or other financial institution that in turn has an account with the depositary. The prospectus supplement relating to an offering of a series of securities will indicate whether the series will be issued only in the form of global securities.

*Special Investor Considerations for Global Securities.* As an indirect holder, an investor's rights relating to a global security will be governed by the account rules of the investor's financial institution and of the depositary, as well as general laws relating to securities transfers. We do not recognize this type of investor as a holder of securities and instead deal only with the depositary that holds the global security.

If you are an investor in securities that are issued only in the form of global securities, you should be aware that:

• You cannot get securities registered in your own name.

• You cannot receive physical certificates for your interest in the securities.

• You will be a street name holder and must look to your own bank or broker for payments on the securities and protection of your legal rights relating to the securities, as explained earlier under "*Street Name and Other Indirect Holders*".

• You may not be able to sell interests in the securities to some insurance companies and other institutions that are required by law to own their securities in the form of physical certificates.

• The depositary's policies will govern payments, transfers, exchange and other matters relating to your interest in the global security. We and the trustee have no responsibility for any aspect of the depositary's actions or for its records of ownership interests in the global security. We and the trustee also do not supervise the depositary in any way.

*Special Situations When the Global Security Will Be Terminated*. In a few special situations described below, the global security will terminate and interests in it will be exchanged for physical certificates representing securities. After that exchange, the choice of whether to hold securities directly or in street name will be up to the investor. Investors must consult their own bank or brokers to find out how to have their interests in securities transferred to their own name so that they will be direct holders. The rights of street name investors and direct holders in the securities have been previously described in the subsections entitled "—*Street Name and Other Indirect Holders*" and "—*Direct Holders*".

The special situations for termination of a global security are:

• When the depositary notifies us that it is unwilling, unable or no longer qualified to continue as depositary.

• When an event of default on the securities has occurred and has not been cured. Defaults on debt securities are discussed below under "*Description of Debt Securities and Guarantee—Default and Related Matters—Events of Default*".

• When the issuer or guarantor notifies the trustee that the global security is exchangeable for physical certificates.

The prospectus supplement may also list additional situations for terminating a global security that would apply only to the particular series of securities covered by the prospectus supplement. When a global security terminates, the depositary, and not we or the trustee, is responsible for deciding the names of the institutions that will be the initial direct holders.

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 ***In the remainder of this description of debt securities, "you" means direct holders and not street name or other indirect holders of securities. Indirect holders should read the previous subsection entitled "Street Name and Other Indirect Holders".***

#### Overview of Remainder of This Description
The remainder of this description summarizes:

• ***Additional mechanics*** relevant to the debt securities under normal circumstances, such as how you transfer ownership and where we make payments.

• Your rights under several ***special situations***, such as if we merge with another company or if we want to change a term of the debt securities.

• Your rights to receive ***payment of additional amounts*** due to changes in French tax withholding or deduction requirements.

• Your rights if we ***default*** or experience other financial difficulties.

• Our relationship with the ***trustee***.

#### Additional Mechanics

#### Exchange and Transfer
The debt securities will be issued:

• only in fully registered form;

• without interest coupons; and

• unless otherwise indicated in the prospectus supplement, in denominations that are even multiples of $1,000.

You may have your debt securities broken into more debt securities of smaller denominations or combined into fewer debt securities of larger denominations, as long as the total principal amount is not changed. (*Section 305*) This is called an exchange.

You may exchange or transfer registered debt securities at the office of the trustee. The trustee acts as our agent for registering debt securities in the names of holders and transferring registered debt securities. We may change this appointment to another entity or perform the service ourselves. The entity performing the role of maintaining the list of registered holders is called the security registrar. It will also register transfers of the registered debt securities. (*Section 305*)

You will not be required to pay a service charge to transfer or exchange debt securities, but you may be required to pay for any tax or other governmental charge associated with the exchange or transfer. The transfer or exchange of a registered debt security will only be made if the security registrar is satisfied with your proof of ownership.

If we have designated additional transfer agents, they are named in the prospectus supplement. We may cancel the designation of any particular transfer agent. We may also approve a change in the office through which any transfer agent acts. (*Section 1002*)

If the debt securities are redeemable and we redeem less than all of the debt securities of a particular series, we may block the transfer or exchange of debt securities during a specified period of time in order to freeze the list of holders to prepare the mailing. The period begins 15 days before the day we mail the notice of redemption and ends on the day of that mailing. We may also refuse to register transfers or exchanges of debt securities selected for redemption. However, we will continue to permit transfers and exchanges of the unredeemed portion of any security being partially redeemed. (*Section 305*)

#### Payment and Paying Agents
We will pay interest to you if you are a direct holder listed in the trustee's records at the close of business on a particular day in advance of each due date for interest, even if you no longer own the security on the interest due date. That particular day, usually about two weeks in advance of the interest due date, is called the regular record date and is stated in the prospectus supplement. (*Section 307*)

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We will pay interest, principal and any other money due on the registered debt securities at the corporate trust office of the trustee in London. That office is currently located at The Bank of New York Mellon, London Branch, 160 Queen Victoria Street, London EC4V 4LA, United Kingdom. You must make arrangements to have your payments picked up at or wired from that office. We may also choose to pay interest by mailing checks. Interest on global securities will be paid to the holder thereof by wire transfer.

Holders buying and selling debt securities must work out between them how to compensate for the fact that we will pay all the interest for an interest period to the one who is the registered holder on the regular record date. The most common manner is to adjust the sales price of the debt securities to pro rate interest fairly between buyer and seller. This pro rated interest amount is called accrued interest.

#### Street name and other indirect holders should consult their banks or brokers for information on how they will receive payments.
We may also arrange for additional payment offices, and may cancel or change these offices, including our use of the trustee's corporate trust office. These offices are called paying agents. We may also choose to act as our own paying agent. We must notify you through the trustee of changes in the paying agents for any particular series of debt securities. (*Section 1002*)

#### Notices
We and the trustee will send notices only to direct holders, using their addresses as listed in the trustee's records. (*Section 106*)

Regardless of who acts as paying agent, all money that we pay to a paying agent that remains unclaimed at the end of two years after the amount is due to direct holders will be repaid to us. After that two-year period, you may look only to us for payment and not to the trustee, any other paying agent or anyone else. (*Section 1006*)

#### Special Situations

#### Mergers and Similar Events
We are generally permitted to consolidate or merge with another company or firm. We are also permitted to sell or lease substantially all of our assets to another corporation or other entity or to buy or lease substantially all of the assets of another corporation or other entity. In addition, we are permitted to transfer:

• the obligations of TotalEnergies Capital, TotalEnergies Capital USA and/or TotalEnergies Capital International to TotalEnergies SE or any majority-owned subsidiary of TotalEnergies SE; and

• the obligations of TotalEnergies SE, as issuer of debt securities, to any majority-owned subsidiary of TotalEnergies SE, so long as the obligations of that subsidiary are guaranteed by TotalEnergies SE on the same terms as TotalEnergies SE's guarantee of TotalEnergies Capital's, TotalEnergies Capital USA's and TotalEnergies Capital International's debt securities.

Solely in the case of a transfer of TotalEnergies Capital's, TotalEnergies Capital USA's or TotalEnergies Capital International's obligations to TotalEnergies SE, the relevant guarantee of TotalEnergies SE will cease to exist without further action on our part.

No vote by holders of debt securities approving any of these actions is required, unless as part of the transaction we make changes to the applicable indenture requiring your approval, as described below under "—*Modification and Waiver*". We may take these actions as part of a transaction involving outside third parties or as part of an internal corporate reorganization. We may take these actions even if they result in:

• a lower credit rating being assigned to the debt securities; or

• additional amounts becoming payable in respect of withholding tax.

Except as provided below, we have no obligation under the indentures to seek to avoid these results, or any other legal or financial effects that are disadvantageous to you, in connection with a merger, consolidation or sale or lease of assets that is permitted under the indentures. However, we may not take any of these actions unless all the following conditions are met:

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• Where TotalEnergies SE, TotalEnergies Capital, TotalEnergies Capital USA or TotalEnergies Capital International merges out of existence or sells or leases substantially all of its assets, or transfers its obligations to a substitute obligor, the other entity must be duly organized and validly existing under the laws of the relevant jurisdiction.

• The merger, sale or lease of assets or other transaction, or the transfer of obligations to a substitute obligor, must not cause a default on the debt securities, and we must not already be in default. For purposes of this no-default test, a default would include an event of default that has occurred and not been cured, as described below under "*Default and Related Matters—Events of Default—What is An Event of Default?*" A default for this purpose would also include any event that would be an event of default if the requirements for giving us default notice or our default having to exist for a specific period of time were disregarded.

• If any of TotalEnergies SE, TotalEnergies Capital, TotalEnergies Capital USA or TotalEnergies Capital International merges out of existence or sells or leases substantially all of its assets, or transfers its obligations to a substitute obligor, the other entity must assume its obligations under the applicable indenture, debt securities and guarantee, including TotalEnergies SE's, TotalEnergies Capital's, TotalEnergies Capital USA's or TotalEnergies Capital International's obligations to pay additional amounts described below under "—*Payment of Additional Amounts*". In the event the jurisdiction of incorporation of the successor or substitute obligor is not the Republic of France with respect to TotalEnergies SE, TotalEnergies Capital and TotalEnergies Capital International or the United States with respect to TotalEnergies Capital USA, such successor or substitute obligor shall also agree to be bound to the obligations described below under "—*Payment of Additional Amounts*" and "—*Optional Tax Redemption*" but shall substitute the successor's or substitute obligor's jurisdiction of incorporation for the Republic of France or the United States, as the case may be.

In the case of debt securities issued by TotalEnergies Capital USA, the above conditions shall not apply to any consolidation, amalgamation or merger under the laws of the United States or any state or territory thereof in which TotalEnergies Capital USA is the successor company and continues to be liable by operation of law for the due and punctual payment of the principal of, and premium, if any, and interest on all the debt securities then outstanding and for all other obligations of TotalEnergies Capital USA under the indenture and under such debt securities.

In addition, in the case of debt securities issued by TotalEnergies Capital USA, TotalEnergies Capital USA may, notwithstanding anything contained in the indenture, enter into any transaction with any direct or indirect wholly owned subsidiary of TotalEnergies SE without complying with the conditions set forth above in a transaction or series of transactions in which TotalEnergies Capital USA retains all of its obligations under and in respect of all outstanding debt securities (a "Permitted Reorganization") provided that, as of the date of the Permitted Reorganization:

(a) substantially all of the unsubordinated and unsecured indebtedness for borrowed money of TotalEnergies Capital USA which ranked *pari passu* with the then outstanding debt securities immediately prior to the proposed Permitted Reorganization will rank no better than *pari passu* with the then outstanding debt securities after the Permitted Reorganization; or

(b) at least two of TotalEnergies Capital USA's then current credit rating agencies (or if only one credit rating agency maintains ratings in respect of the debt securities at such time, that one credit rating agency) have affirmed that the rating assigned by them to the debt securities shall not be downgraded as a result of the Permitted Reorganization.

It is possible that the U.S. Internal Revenue Service may deem a merger or other similar transaction to cause an exchange for U.S. federal income tax purposes of debt securities for new securities by the holders of the debt securities. This could result in the recognition of taxable gain or loss for U.S. federal income tax purposes and possible other adverse tax consequences.

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#### Modification and Waiver
There are three types of changes we can make to the indentures and the debt securities.

*Changes Requiring Your Approval.* First, there are changes that cannot be made to your debt securities without your specific approval, for example, by calling a meeting of holders and seeking a 100% quorum and unanimous consent, or, more likely, by obtaining written consents from each holder. We must obtain your specified approval in order to:

• change the stated maturity of the principal or interest on a debt security;

• reduce any amounts due on a debt security;

• reduce the amount of principal payable upon acceleration of the maturity of a debt security following a default;

• change the place or currency of payment on a debt security;

• impair your right to sue for payment;

• reduce the percentage of holders of debt securities whose consent is needed to modify or amend the applicable indenture;

• reduce the percentage of holders of debt securities whose consent is needed to waive compliance with various provisions of the applicable indenture or to waive various defaults;

• modify any other aspect of the provisions dealing with modification and waiver of the applicable indenture; and

• in the case of guaranteed debt securities, change in any manner adverse to the interests of holders the obligations of TotalEnergies SE to pay any principal, premium or interest under the guarantee. (Section 902)

*Changes Requiring a Majority Vote.* The second type of change to the indentures and the debt securities is the kind that requires a vote in favor by holders of debt securities owning a majority of the principal amount of the particular series affected. Most changes fall into this category, except for clarifying changes and other changes that would not adversely affect holders of the debt securities in any material respect. (*Section 901*) The same vote would be required for us to obtain a waiver of all or part of the covenants described below, or a waiver of a past default. However, we cannot obtain a waiver of a payment default or any other aspect of the indentures or the debt securities described previously under "—*Changes Requiring Your Approval*" unless we obtain your individual consent, for example, by calling a meeting of holders and seeking a 100% quorum and unanimous consent, or, more likely, by obtaining written consents from each holder, to the waiver. (*Section 513*)

*Changes Not Requiring Approval*. The third type of change does not require any vote by holders of debt securities. This type is limited to clarifications and other changes that would not adversely affect holders of the debt securities in any material respect. (*Section 901*)

*Further Details Concerning Voting*. When taking a vote, we will use the following rules to decide how much principal amount to attribute to a security:

• For original issue discount securities, we will use the principal amount that would be due and payable on the voting date if the maturity of the debt securities were accelerated to that date because of a default.

• For debt securities whose principal amount is not known (for example, because it is based on an index), we will use a special rule for that security described in the prospectus supplement.

• For debt securities denominated in one or more foreign currencies or currency units, we will use the U.S. dollar equivalent as of the date of original issuance.

• Debt securities will not be considered outstanding, and therefore not eligible to vote, if we have deposited or set aside in trust for you money for their payment or redemption. Debt securities will also not be eligible to vote if they have been fully defeased as described later under "*Covenants—Defeasance and Discharge*". (*Section 101*)

• We will generally be entitled to set any day as a record date for the purpose of determining the holders of outstanding debt securities that are entitled to vote or take other action under the applicable indenture (or failing us in certain circumstances, the trustee). If we set a record date for a vote or other action to be taken by holders of a particular series, that vote or action may be taken only by persons who are holders of

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outstanding debt securities of that series on the record date and must be taken within 90 days following the record date or another period that we may specify (or as the trustee may specify, if it set the record date). We may shorten or lengthen (but not beyond 90 days) this period from time to time. (*Sections 501, 502, 512, 513 and 902*)

 ***Street name and other indirect holders should consult their banks or brokers for information on how approval may be granted or denied if we seek to change the indentures or the debt securities or request a waiver.***

#### Redemption and Repayment
Unless otherwise indicated in the prospectus supplement, your debt security will not be entitled to the benefit of any sinking fund—that is, we will not deposit money on a regular basis into any separate custodial account to repay your debt securities. In addition, we will not be entitled to redeem your debt security before its stated maturity, other than as described below under "—*Optional Tax Redemption*", unless the prospectus supplement specifies a redemption commencement date or other specific conditions upon which we may redeem the debt securities. You will not be entitled to require us to buy your debt security from you, before its stated maturity, unless the related prospectus supplement specifies one or more repayment dates.

In the event that we exercise an option to redeem any debt security, we will give written notice of the principal amount of the debt security to be redeemed to the trustee at least 45 days before the applicable redemption date and to the holder not less than 30 days nor more than 60 days before the applicable redemption date. We will give the notice in the manner described above under "*Additional Mechanics—Notices*".

If a debt security represented by a global security is subject to repayment at the holder's option, the depositary or its nominee, as the holder, will be the only person that can exercise the right to repayment. Any indirect holders who own beneficial interests in the global security and wish to exercise a repayment right must give proper and timely instructions to their banks or brokers through which they hold their interests, requesting that they notify the depositary to exercise the repayment right on their behalf. Different firms have different deadlines for accepting instructions from their customers, and you should take care to act promptly enough to ensure that your request is given effect by the depositary before the applicable deadline for exercise.

 ***Street name and other indirect holders should contact their banks or brokers for information about how to exercise a repayment right in a timely manner.***

We or our affiliates may purchase debt securities from investors who are willing to sell from time to time, either in the open market at prevailing prices or in private transactions at negotiated prices. Debt securities that we or they purchase may, in our discretion, be held, resold or canceled.

#### Payment of Additional Amounts
We will make payments on the debt securities without withholding any taxes unless otherwise required to do so by law or by the interpretation or administration thereof. If the Republic of France or, in the case of debt securities issued by TotalEnergies Capital USA, the United States, or any tax authority in these jurisdictions, requires TotalEnergies SE, TotalEnergies Capital, TotalEnergies Capital USA or TotalEnergies Capital International to withhold or deduct amounts from payment on a debt security or any amounts to be paid under the guarantee in respect of guaranteed debt securities or as additional amounts for or on account of taxes or any other governmental charges, or in some cases any other jurisdiction requires such withholding or deduction as a result of a merger or similar event, TotalEnergies SE, TotalEnergies Capital, TotalEnergies Capital USA or TotalEnergies Capital International, as the case may be, may be required to pay you an additional amount so that the net amount you receive will be the amount specified in the debt security to which you are entitled.

TotalEnergies Capital USA and, in its capacity as guarantor under the guarantee with respect to debt securities issued by TotalEnergies Capital USA, TotalEnergies SE, as the case may be, will not have to pay additional amounts under the following circumstance:

• The tax or governmental charge is imposed by the United States or any political subdivision thereof.

Further, TotalEnergies Capital, TotalEnergies Capital USA, TotalEnergies Capital International or TotalEnergies SE, as the case may be, will not have to pay additional amounts under any of the additional following circumstances:

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

• The holder or beneficial owner of the debt securities is subject to such tax or governmental charge by reason of having some present or former connection (including a present or former connection of certain related parties to the holder or beneficial owner) to the jurisdiction requiring such withholding or deduction, other than the mere holding of the debt security.

• The tax or governmental charge is imposed due to the presentation of a debt security, if presentation is required, for payment on a date more than 30 days after the payment became due or after the payment was provided for, whichever occurs later.

• The tax or governmental charge is on account of an estate, inheritance, gift, sale, transfer, personal property or similar tax or governmental charge.

• The tax or governmental charge is payable in a manner that does not involve withholding or deduction.

• The tax or governmental charge is imposed or withheld because the holder or beneficial owner failed:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; • to provide information about the nationality, residence or identity of the holder or beneficial owner; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; • to make a declaration or satisfy any information requirements that the statutes, treaties, regulations or administrative practices of the taxing jurisdiction require as a precondition to exemption from all or part of such tax or governmental charge.

• The withholding or deduction is imposed on a holder or beneficial owner who could have avoided such withholding or deduction by presenting its debt securities to another paying agent.

• The tax or governmental charge is imposed or withheld pursuant to the European Union Directive 2003/48/EC regarding the taxation of savings income or any other directive amending, supplementing or replacing such directive, or any law implementing or complying with, or introduced in order to conform to, such directive or directives.

• The holder is a fiduciary or partnership or an entity that is not the sole beneficial owner of the payment of the principal of, or any interest on, any debt security, and the laws of the jurisdiction require the payment to be included in the income of a beneficiary or settlor for tax purposes with respect to such fiduciary or a member of such partnership or a beneficial owner who would not have been entitled to such additional amounts had it been the holder of such security.

• The tax or governmental charge is imposed or withheld on account of any combination of the listed circumstances above (including, for the avoidance of doubt, in the case of TotalEnergies Capital USA and, in its capacity as guarantor under the guarantee with respect to debt securities issued by TotalEnergies Capital USA, TotalEnergies SE, where the tax or governmental charge is imposed by the United States or any political subdivision thereof).

In addition, any amounts to be paid by TotalEnergies Capital, TotalEnergies Capital USA, TotalEnergies Capital International or TotalEnergies SE, as the case may be, on the debt securities will be paid net of any deduction or withholding imposed or required pursuant to Sections 1471 through 1474 of the United States Internal Revenue Code of 1986, as amended (the "Code"), any current or future regulations or official interpretations thereof, any agreement entered into pursuant to Section 1471(b) of the Code, or any fiscal or regulatory legislation, rules or practices adopted pursuant to any intergovernmental agreement entered into in connection with the implementation of such Sections of the Code, which is referred to as FATCA Withholding, and the trustee shall be entitled to deduct FATCA Withholding, and no person shall have any obligation to gross-up any of the aforementioned payments or to pay any additional amount as a result of any FATCA Withholding.

The prospectus supplement relating to the debt securities may describe additional circumstances in which TotalEnergies Capital, TotalEnergies Capital USA or TotalEnergies Capital International would not be required to pay additional amounts. (*Section 1010*) By the terms of the guarantee, if under the terms of the debt securities set forth in the prospectus supplement TotalEnergies Capital, TotalEnergies Capital USA or TotalEnergies Capital International is not required to pay any additional amounts, then TotalEnergies SE as guarantor shall not be required to pay additional amounts under the guarantee, unless the guarantee has been modified or amended as described in the applicable prospectus supplement.

Please see the discussion under "*Tax Considerations—French Taxation—Additional Amounts*" for a summary of the treatment of additional amounts under French tax law.

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#### Optional Tax Redemption
We may also have the option to redeem the debt securities of a given series if, as a result of any change in French tax treatment with respect to TotalEnergies Capital, TotalEnergies Capital International and TotalEnergies SE or United States tax treatment with respect to TotalEnergies Capital USA (or treatment of any jurisdiction in which a successor to, or substitute obligor of, TotalEnergies Capital, TotalEnergies Capital International, TotalEnergies SE or TotalEnergies Capital USA is organized), TotalEnergies Capital, TotalEnergies Capital International, TotalEnergies SE or TotalEnergies Capital USA or a successor to, or substitute obligor of, any of the foregoing would be required to pay additional amounts as described above under "—*Payment of Additional Amounts*". This option applies only in the case of changes in such tax treatment that become effective or of which we are notified on or after the date specified in the prospectus supplement for the applicable series of debt securities (or in the case of a successor or substitute entity, after the date of succession or substitution). The redemption price for the debt securities, other than original issue discount debt securities, will be equal to the principal amount of the debt securities being redeemed plus accrued interest, if any. The redemption price for original issue discount debt securities will be specified in the prospectus supplement for such securities. (*Section 1108*)

#### Defeasance and Discharge
The following discussion of defeasance and discharge will be applicable to your series of debt securities, unless the related prospectus supplement states otherwise. (*Section 403*)

Each indenture contains a provision that permits us to elect:

• to be discharged after 90 days from all our obligations (subject to limited exceptions) with respect to any series of debt securities then outstanding; and/or

• to be released from our obligations under some of the covenants and from the consequences of an event of default resulting from a breach of such covenants.

We can legally release ourselves from any payment or other obligations on the debt securities under either of the above elections, except for various obligations described below, if we, in addition to other actions, put in place the following arrangements for you to be repaid:

• We must deposit in trust for your benefit and the benefit of all other direct holders of the debt securities a combination of money and U.S. government or U.S. government agency notes or bonds that will generate enough cash to make interest, principal and any other payments on the debt securities on their various due dates. In addition, on the date of such deposit, we must not be in default. For purposes of this no-default test, a default would include an event of default that has occurred and not been cured, as described below under "*Default and Related Matters—Events of Default—What is An Event of Default?*" A default for this purpose would also include any event that would be an event of default if the requirements for giving us default notice or our default having to exist for a specific period of time were disregarded.

• We must deliver to the trustee a legal opinion of our counsel confirming that under current U.S. federal income tax law we may make the above deposit without causing you to be taxed on the debt securities any differently than if we did not make the deposit and just repaid the debt securities ourselves in accordance with their terms. In the case of debt securities being discharged, we must deliver along with this opinion a private letter ruling from the U.S. Internal Revenue Service to this effect or a revenue ruling pertaining to a comparable form of transaction published by the U.S. Internal Revenue Service to the same effect.

• If the debt securities are listed on the New York Stock Exchange, we must deliver to the trustee a legal opinion of our counsel confirming that the deposit, defeasance and discharge will not cause the debt securities to be delisted.

However, even if we take these actions, a number of our obligations relating to the debt securities will remain. These include the following obligations:

• to register the transfer and exchange of debt securities;

• to replace mutilated, destroyed, lost or stolen debt securities;

• to maintain paying agencies; and

• to hold money for payment in trust.

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#### Default and Related Matters

#### Ranking
The debt securities are not secured by any of our property or assets. Accordingly, your ownership of debt securities means you are one of our unsecured creditors. The debt securities are not subordinated to any of our other debt obligations and therefore they rank equally with all our other unsecured and unsubordinated indebtedness (save for certain mandatory exceptions provided by French law).

#### Events of Default
You will have special rights if an event of default occurs and is not cured, as described later in this subsection.

*What Is an Event of Default?* The term "event of default" means any of the following:

• We do not pay the principal or any premium on a debt security at maturity.

• We do not pay interest on a debt security within 30 days of its due date.

• We remain in breach of a covenant or any other term of the applicable indenture for 90 days after we receive a notice of default stating we are in breach. The notice must be sent by either the trustee or holders of 25% of the principal amount of debt securities of the affected series.

• We file for bankruptcy or certain other events in bankruptcy, insolvency or reorganization occur.

• In respect of guaranteed debt securities issued by TotalEnergies Capital, TotalEnergies Capital USA or TotalEnergies Capital International, the guarantee is not (or is claimed by TotalEnergies SE, TotalEnergies Capital, TotalEnergies Capital USA or TotalEnergies Capital International not to be) in full force and effect.

• Any other event of default described in the prospectus supplement occurs. (*Section 501*)

*Remedies If an Event of Default Occurs.* If an event of default has occurred and has not been cured, the trustee or the holders of 25% in principal amount of the debt securities of the affected series may declare the entire principal amount of all the debt securities of that series to be due and immediately payable. This is called a declaration of acceleration of maturity. A declaration of acceleration of maturity may be canceled by the holders of at least a majority in principal amount of the debt securities of the affected series if certain conditions are met. (*Section 502*)

Except in cases of default, where the trustee has some special duties, the trustee is not required to take any action under the indentures at the request of any holders unless the holders offer the trustee reasonable protection from expenses and liability. This protection is called an indemnity. (*Section 603*) If reasonable indemnity is provided, the holders of a majority in principal amount of the outstanding debt securities of the relevant series may direct the time, method and place of conducting any lawsuit or other formal legal action seeking any remedy available to the trustee. These majority holders may also direct the trustee in performing any other action under the indentures. (*Section 512*)

Before you bypass the trustee and bring your own lawsuit or other formal legal action or take other steps to enforce your rights or protect your interests relating to the debt securities, the following must occur:

• You must give the trustee written notice that an event of default has occurred and remains uncured.

• The holders of 25% in principal amount of all outstanding debt securities of the relevant series must make a written request that the trustee take action because of the default, and must offer reasonable indemnity to the trustee against the cost and other liabilities of taking that action.

• The trustee must have not taken action for 60 days after receipt of the above notice and offer of indemnity.

• No direction inconsistent with such written request must have been given to the trustee during such 60-day period by holders of a majority in principal amount of all outstanding debt securities of that series. (Section 507)

Nothing, however, will prevent an individual holder from bringing suit to enforce payment.

Street name and other indirect holders should consult their banks or brokers for information on how to give notice or direction to or make a request of the trustee and to make or cancel a declaration of acceleration.

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We will furnish to the trustee every year a written statement of certain of our officers certifying that, to their knowledge, we are in compliance with the indentures and the debt securities, or else specifying any default. (*Section 1008*)

#### Regarding the Trustee
TotalEnergies SE and several of its subsidiaries maintain banking relations with the trustee and its affiliates in the ordinary course of their business.

If an event of default occurs, or an event occurs that would be an event of default if the requirements for giving us default notice or our default having to exist for a specific period of time were disregarded, the trustee may be considered to have a conflicting interest with respect to the debt securities or the applicable indenture for purposes of the Trust Indenture Act of 1939, as amended. In that case, the trustee may be required to resign as trustee under the applicable indenture and we would be required to appoint a successor trustee.

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#### CLEARANCE AND SETTLEMENT

#### Book-Entry, Delivery and Form
Unless we indicate differently in any applicable prospectus supplement or free writing prospectus, the securities initially will be issued in book-entry form and represented by one or more global notes or global securities, or, collectively, global securities.

The Depository Trust Company ("DTC"), will act as securities depository for the global securities (the "Securities"). The Securities will be issued as fully-registered securities and registered in the name of Cede & Co., the nominee of DTC, or such other name as may be requested by an authorized representative of DTC. One fully-registered Security certificate will be issued for each issue of the Securities, each in the aggregate principle amount of such issue, and will be deposited with DTC. If, however, the aggregate principle amount of any issue exceeds $500 million, one certificate will be issued with respect to each $500 million of principle amount, and an additional certificate will be issued with respect to any remaining principal amount of such issue.

Beneficial interests in the Securities will be shown on, and transfers thereof will be effected only through, records maintained by DTC and its direct and indirect participants, which may include Euroclear Bank SA/NV, as operator of the Euroclear System ("Euroclear") and Clearstream Banking, *société anonyme*, Luxembourg ("Clearstream Banking"). If so provided in the applicable prospectus supplement, investors may elect to hold interests in the Securities through any of DTC, Euroclear or Clearstream Banking, if they are participants in these systems, or indirectly through organizations which are participants in these systems.

DTC has advised us that it is:

• a limited-purpose trust company organized under the New York Banking Law;

• a "banking organization" within the meaning of the New York Banking Law;

• a member of the Federal Reserve System;

• a "clearing corporation" within the meaning of the New York Uniform Commercial Code; and

• a "clearing agency" registered pursuant to the provisions of Section 17A of the Exchange Act.

DTC holds and provides asset servicing for securities that DTC's participants ("Direct Participants") deposit with DTC. DTC also facilitates the post-trade settlement among Direct Participants of sales and other securities transactions in deposited securities, through electronic computerized book-entry transfers and pledges between "Direct Participants' accounts. This eliminates the need for physical movement of securities certificates. Direct Participants include both U.S. and non-U.S. securities brokers and dealers, banks, trust companies, clearing corporations and certain other organizations. DTC is a wholly owned subsidiary of The Depository Trust & Clearing Corporation ("DTCC"). DTCC is the holding company for DTC, National Securities Clearing Corporation and Fixed Income Clearing Corporation, all of which are registered clearing agencies. DTCC is owned by the users of its regulated subsidiaries. Access to the DTC system is also available to others such as both U.S. and non-U.S. securities brokers and dealers, banks, trust companies and clearing corporations that clear through or maintain a custodial relationship with a Direct Participant, either directly or indirectly ("Indirect Participants" and, together with Direct Participants, "Participants"). The DTC rules applicable to its Participants are on file with the SEC.

Purchases of Securities under the DTC system must be made by or through Direct Participants, which will receive a credit for the securities on DTC's records. The ownership interest of each actual purchaser of each Security ("Beneficial Owner") is in turn to be recorded on the Direct Participant's and Indirect Participants' records. Beneficial Owners will not receive written confirmation from DTC of their purchase. Beneficial Owners are, however, expected to receive written confirmations providing details of the transaction, as well as periodic statements of their holdings, from the Direct Participants or Indirect Participants through which the Beneficial Owner entered into the transaction. Transfers of ownership interests in the Securities are to be accomplished by entries made on the books of Direct Participants and Indirect Participants acting on behalf of Beneficial Owners. Beneficial Owners will not receive certificates representing their ownership interests in the global securities, except in the event that use of the book-entry system for the Securities is discontinued.

To facilitate subsequent transfers, all Securities deposited by Direct Participants with DTC will be registered in the name of DTC's partnership nominee, Cede & Co., or such other name as may be requested by an authorized representative of DTC. The deposit of Securities with DTC and their registration in the name of

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Cede & Co. or such other DTC nominee do not effect any change in beneficial ownership. DTC has no knowledge of the actual Beneficial Owners of the Securities. DTC's records reflect only the identity of the Direct Participants to whose accounts such Securities are credited, which may or may not be the Beneficial Owners. The Direct Participants and Indirect Participants will remain responsible for keeping account of their holdings on behalf of their customers.

So long as the securities are in book-entry form, you will receive payments and may transfer securities only through the facilities of the depositary and its Direct Participants and Indirect Participants. Notices and demands in respect of the securities and the indenture may be delivered to us and certificated securities may be surrendered for payment, registration of transfer or exchange at The Bank of New York Mellon, 240 Greenwich Street, New York, New York 10286, unless otherwise specified in the prospectus supplement for the applicable securities.

Conveyance of notices and other communications by DTC to Direct Participants, by Direct Participants to Indirect Participants and by Direct Participants and Indirect Participants to Beneficial Owners will be governed by arrangements among them, subject to any statutory or regulatory requirements as may be in effect from time to time. Beneficial Owners of Securities may wish to take certain steps to augment the transmission to them of notices of significant events with respect to the Securities, such as redemptions, tenders, defaults, and proposed amendments to the Security documents. For example, Beneficial Owners of Securities may wish to ascertain that the nominee holding the Securities for their benefit has agreed to obtain and transmit notices to Beneficial Owners. In the alternative, Beneficial Owners may wish to provide their names and addresses to the registrar and request that copies of notices be provided directly to them.

Redemption notices will be sent to DTC. If less than all of the Securities of a particular series are being redeemed, DTC's practice is to determine by lot the amount of the interest of each Direct Participant in the securities of such series to be redeemed.

Neither DTC nor Cede & Co. (nor any other DTC nominee) will consent or vote with respect to Securities unless authorized by a Direct Participant in accordance with DTC's Money Market Instrument (MMI) Procedures. Under its usual procedures, DTC mails an omnibus proxy to us as soon as possible after the record date. The omnibus proxy assigns Cede & Co.'s consenting or voting rights to those Direct Participants to whose accounts Securities of such series are credited on the record date (identified in a listing attached to the omnibus proxy).

So long as securities are in book-entry form, we will make payments on those securities to the depositary or its nominee, as the registered owner of such securities, by wire transfer of immediately available funds. If securities are issued in definitive certificated form under the limited circumstances described below and unless if otherwise provided in the description of the applicable securities herein or in the applicable prospectus supplement, we will have the option of making payments by check mailed to the addresses of the persons entitled to payment or by wire transfer to bank accounts in the United States designated in writing to the applicable trustee or other designated party at least 15 days before the applicable payment date by the persons entitled to payment, unless a shorter period is satisfactory to the applicable trustee or other designated party.

Redemption proceeds, distributions and dividend payments on Securities will be made to Cede & Co., or such other nominee as may be requested by an authorized representative of DTC. DTC's practice is to credit Direct Participants' accounts upon DTC's receipt of funds and corresponding detail information from us, the trustee or any agent of ours on the payment date in accordance with their respective holdings shown on DTC records. Payments by participants to Beneficial Owners will be governed by standing instructions and customary practices, as is the case with securities held for the account of customers in bearer form or registered in "street name." Those payments will be the responsibility of participants and not of DTC, us, the trustee or any agent of ours, subject to any statutory or regulatory requirements as may be in effect from time to time. Payment of redemption proceeds, distributions and dividend payments to Cede & Co. (or such other nominee as may be requested by an authorized representative of DTC) is our responsibility, disbursement of such payments to Direct Participants will be the responsibility of DTC, and disbursement of such payments to the Beneficial Owners will be the responsibility of Direct and Indirect Participants.

Except under the limited circumstances described below, purchasers of securities will not be entitled to have securities registered in their names and will not receive physical delivery of securities. Accordingly, each beneficial owner must rely on the procedures of DTC and its participants to exercise any rights under the securities and the indenture.

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The laws of some jurisdictions may require that some purchasers of securities take physical delivery of securities in definitive form. Those laws may impair the ability to transfer or pledge beneficial interests in securities.

A Beneficial Owner shall give notice to elect to have its Securities purchased or tendered, through its Participant, to the tender/remarketing Agent, and shall effect delivery of such Securities by causing the Direct Participant to transfer the Participant's interest in the Securities, on DTC's records, to the tender/remarketing Agent. The requirement for physical delivery of Securities in connection with an optional tender or a mandatory purchase will be deemed satisfied when the ownership rights in the Securities are transferred by Direct Participants on DTC's records and followed by a book-entry credit of tendered Securities to the tender/remarketing Agent's DTC account.

DTC may discontinue providing its services as securities depositary with respect to the securities at any time by giving reasonable notice to us. Under such circumstances, in the event that a successor depositary is not obtained, securities certificates are required to be printed and delivered.

We may decide to discontinue use of the system of book-entry-only transfers through DTC (or a successor securities depository). In that event, Security certificates will be printed and delivered to DTC.

The information in this section concerning DTC and DTC's book-entry system has been obtained from sources that we believe to be reliable, but we take no responsibility for the accuracy of this information. See "—*Other*" below.

#### Euroclear and Clearstream
If so provided in the applicable prospectus supplement, you may hold interests in a global security through Clearstream Banking S.A., which we refer to as "Clearstream," or Euroclear Bank SA/NV, as operator of the Euroclear System, which we refer to as "Euroclear," either directly if you are a participant in Clearstream or Euroclear or indirectly through organizations which are participants in Clearstream or Euroclear. Clearstream and Euroclear will hold interests on behalf of their respective participants as Indirect Participants in DTC (through customers' securities accounts in the names of Clearstream and Euroclear, respectively, on the books of their respective U.S. depositaries, which in turn will hold such interests in customers' securities accounts in such depositaries' names on DTC's books).

Clearstream and Euroclear are securities clearance systems in Europe. Clearstream and Euroclear hold securities for their respective participating organizations and facilitate the clearance and settlement of securities transactions between those participants through electronic book-entry changes in their accounts, thereby eliminating the need for physical movement of certificates.

Payments, deliveries, transfers, exchanges, notices and other matters relating to beneficial interests in global securities owned through Euroclear or Clearstream must comply with the rules and procedures of those systems. Transactions between participants in Euroclear or Clearstream, on one hand, and other participants in DTC, on the other hand, are also subject to DTC's rules and procedures.

Investors will be able to make and receive through Euroclear and Clearstream payments, deliveries, transfers and other transactions involving any beneficial interests in global securities held through those systems only on days when those systems are open for business. Those systems may not be open for business on days when banks, brokers and other institutions are open for business in the United States.

Cross-market transfers between participants in DTC, on the one hand, and participants in Euroclear or Clearstream, on the other hand, will be effected through DTC in accordance with the DTC's rules on behalf of Euroclear or Clearstream, as the case may be, by their respective U.S. depositaries; however, such cross-market transactions will require delivery of instructions to Euroclear or Clearstream, as the case may be, by the counterparty in such system in accordance with the rules and procedures and within the established deadlines (European time) of such system. Euroclear or Clearstream, as the case may be, will, if the transaction meets its settlement requirements, deliver instructions to its U.S. depositary to take action to effect final settlement on its behalf by delivering or receiving interests in the global securities through DTC, and making or receiving payment in accordance with normal procedures for same-day fund settlement. Participants in Euroclear or Clearstream may not deliver instructions directly to their respective U.S. depositaries.

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Due to time zone differences, the securities accounts of a participant in Euroclear or Clearstream purchasing an interest in a global security from a direct participant in DTC will be credited, and any such crediting will be reported to the relevant participant in Euroclear or Clearstream, during the securities settlement processing day (which must be a business day for Euroclear or Clearstream) immediately following the settlement date of DTC. Cash received in Euroclear or Clearstream as a result of sales of interests in a global security by or through a participant in Euroclear or Clearstream to a direct participant in DTC will be received with value on the settlement date of DTC but will be available in the relevant Euroclear or Clearstream cash account only as of the business day for Euroclear or Clearstream following DTC's settlement date.

#### Other
The information in this section of this prospectus concerning DTC, Clearstream, Euroclear and their respective book-entry systems has been obtained from sources that we believe to be reliable, but we do not take responsibility for this information. This information has been provided solely as a matter of convenience. The rules and procedures of DTC, Clearstream and Euroclear are solely within the control of those organizations and could change at any time. Neither we nor the trustee nor any agent of ours or of the trustee has any control over those entities and none of us takes any responsibility for their activities. You are urged to contact DTC, Clearstream and Euroclear or their respective participants directly to discuss those matters. In addition, although we expect that DTC, Clearstream and Euroclear will perform the foregoing procedures, none of them is under any obligation to perform or continue to perform such procedures and such procedures may be discontinued at any time. Neither we nor any agent of ours will have any responsibility for the performance or nonperformance by DTC, Clearstream and Euroclear or their respective participants of these or any other rules or procedures governing their respective operations.

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#### TAX CONSIDERATIONS

#### French Taxation
This section is a summary of certain material French tax consequences of acquiring, owning and disposing of the debt securities described in this prospectus. It applies only to holders of debt securities issued by TotalEnergies SE, TotalEnergies Capital and TotalEnergies Capital International that are not residents of France for the purpose of French taxation, that are not shareholders of TotalEnergies SE, TotalEnergies Capital and TotalEnergies Capital International, are not related parties to the relevant issuer of the debt securities within the meaning of Article 39.12 of the French Tax Code (as defined below) and do not hold debt securities in connection with a business or profession conducted in France or a permanent establishment or a fixed base in France. Holders of the debt securities who concurrently hold shares of TotalEnergies SE may also be impacted by other rules not described in this section.

This summary is based on provisions of French tax laws and regulations, as in force and applied by the French tax authorities at the date hereof, and is subject to any changes or to different interpretations, possibly with retrospective effect, in applicable French tax laws or in any applicable double taxation conventions or treaties with France occurring after such date. Accordingly, no opinion is expressed herein with regard to any system of law other than the laws of France as applied by French courts as of the date hereof and this discussion does not purport to be a complete analysis of all potential French tax effects of the acquisition, ownership and disposition of debt securities.

Article 1649 AC of the French *Code général des impôts* (the "French Tax Code") imposes on financial institutions within the meaning of Article 1 of Decree n°2016-1683 to review and collect information on their clients and investors, in order to identify their tax residence, as well as to provide certain account information to relevant foreign tax authorities (via the French tax authorities) on an annual basis.

 ***The discussion of French tax consequences set out below is for general information only and is not tax advice. Prospective purchasers of debt securities are urged to consult their own tax advisors concerning the French tax consequences of the acquisition, ownership and disposition of the debt securities arising under French tax laws (including estate and gift tax laws) and their eligibility for the benefits of any tax treaty.***

#### Withholding Taxes on Payments Made Outside France
Payments of interest made by the issuer of debt securities will not be subject to the withholding tax set out under Article 125 A III of the French Tax Code unless such payments are made outside France in a non-cooperative State or territory (*Etat ou territoire non coopératif*) within the meaning of Article 238-0 A of the French Tax Code (a "Non-Cooperative State") other than those States or territories mentioned in 2° of 2 *bis* of the same Article 238-0 A, irrespective of the holder's fiscal domicile or registered headquarters. If such payments are made outside France in a Non-Cooperative State other than those States or territories mentioned in 2° of 2 *bis* of Article 238-0 A of the French Tax Code, a 75% withholding tax is applicable to such payments (subject to certain exceptions and to more favorable provisions of an applicable double tax treaty) by virtue of Article 125 A III of the French Tax Code. The list of Non-Cooperative States is published by a ministerial executive order (*arrêté*) which is in principle updated each year. Furthermore, according to the third and fourth paragraphs of Article 238 A of the French Tax Code, interest with respect to debt securities will not be deductible from the relevant issuer's taxable result if they are paid or accrued to persons domiciled or established in a Non-Cooperative State or paid on an account held in a financial institution established in such a Non-Cooperative State (the "Deductibility Exclusion"). Under certain conditions, any such non-deductible interest may be re-characterized as constructive dividends pursuant to Articles 109 *et seq*. of the French Tax Code, in which case they may be subject to the withholding tax set out under Article 119 *bis* 2 of the French Tax Code, at (i) the standard corporate income tax rate which is set at 25% for payments benefiting legal persons who are not French tax residents, (ii) a rate of 12.8% for payments benefiting individuals who are not French tax residents or (iii) a rate of 75% for payments made outside France in a Non-Cooperative State other than those mentioned in 2° of 2 *bis* of Article 238-0 A of the French Tax Code, in each case subject to certain exceptions and to more favorable provisions of applicable double tax treaties. The latest list of Non-Cooperative States is dated April 18, 2025 and includes thirteen Non-Cooperative States.

Notwithstanding the foregoing, neither the 75% withholding tax set out under Article 125 A III of the French Tax Code nor, to the extent that the relevant interest relate to genuine transactions and are not in an abnormal or exaggerated amount, the Deductibility Exclusion and the related withholding tax set out under Article 119

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*bis* 2 of the French Tax Code that may be levied as a result of such Deductibility Exclusion will apply in respect of the debt securities if the relevant issuer can prove that the main purpose and effect of the issue of the debt securities was not that of locating the interest in a Non-Cooperative State (the "Exception").

Pursuant to the administrative guidelines published by the French tax authorities regarding this legislation (BOI-INT-DG-20-50-30-14/06/2022 n° 150 and BOI-INT-DG-20-50-20-06/06/2023, n° 290), the debt securities will benefit from the Exception without the relevant issuer having to provide any evidence supporting the main purpose and effect of the issue of the debt securities, and accordingly will be able to automatically benefit from the Exception (the "Safe Harbor"), if the debt securities are:

• offered by means of a public offering within the meaning of Article L.411-1 of the French Monetary and Financial Code for which the publication of a prospectus is mandatory or pursuant to an equivalent offer in a state other than a Non-Cooperative State (for this purpose, an "equivalent offering" means any offering requiring the registration or submission of an offering document by or with a foreign securities market authority); and/or

• admitted to trading on a French or foreign regulated market or multilateral financial instruments trading facility *provided* that such market or facility is not located in a Non-Cooperative State and that such market is operated by a market operator, an investment services provider, or by such other similar foreign entity that is not located in a Non-Cooperative State; and/or

• admitted, at the time of their issue, to the operations of a central depositary or of a securities delivery and payment systems operator within the meaning of Article L.561-2 of the French Monetary and Financial Code, or of one or more similar foreign depositaries or operators provided that such depositary or operator is not located in a Non-Cooperative State.

The debt securities issued by TotalEnergies SE, TotalEnergies Capital and TotalEnergies Capital International under this offering memorandum qualify as debt securities under French commercial law. To the extent that the debt securities are admitted, at the time of their issue, to the operations of DTC, Euroclear and Clearstream, *i.e*., securities delivery and payment systems operators within the meaning of Article L. 561-2 of the French Monetary and Financial Code which are not located in a Non-Cooperative State, payments made by the relevant French issuer in respect of the debt securities to their holders will fall under the Safe Harbor and will thus not be subject to the withholding tax set out under Article 125 A III of the French Tax Code, as construed by the French tax authorities under the BOFIP. Moreover, under the same conditions, pursuant to the BOFIP and to the extent that the relevant interest relate to genuine transactions and are not in an abnormal or exaggerated amount, interest paid by the relevant French issuer on the debt securities should not be subject to the Deductibility Exclusion and, as a result, should not be subject to the withholding tax set out under Article 119 *bis* 2 of the French Tax Code solely on account of their being paid on an account held in a financial institution established in a Non-Cooperative State or accrued or paid to persons established or domiciled in a Non-Cooperative State.

#### Taxation on Sale or Other Disposition
Pursuant to Article 244 *bis* C of the French Tax Code, a person that is not a resident of France for French tax purposes and that does not hold its debt securities in connection with a permanent establishment or a fixed place of business in France, will not be subject to any income or withholding taxes in France in respect of the gains realized on the sale, exchange or other disposal of the debt securities.

#### Stamp Duty and Other Transfer Taxes
Transfers of debt securities will not be subject to any stamp duty or other transfer tax imposed in France, provided such transfer is not recorded in a deed registered in France.

#### Estate and Gift Tax
The Republic of France imposes estate and gift tax on securities of a French company that are acquired by inheritance or gift. According to Article 750 *ter* of the French Tax Code, the taxation is triggered without regard to the residence of the transferor. However, France has entered into estate and gift tax treaties with a number of countries pursuant to which, assuming certain conditions are met, residents of the treaty country may be exempted from such tax or obtain a tax credit.

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#### Additional Amounts
If the French tax laws or regulations applicable to the relevant issuer (or to any successors) change and payments in respect of the debt securities become subject to withholding or deduction, we will, to the extent permitted by applicable law, be responsible for the payment of any additional amounts to offset such withholding, except as provided above in "—*Special Situations—Payment of Additional Amounts*" or in any applicable prospectus supplement.

Under French law, an issuer may not bear on behalf of a holder of its debt securities any withholding tax due in respect of interest payments on such securities. It is unclear whether additional amounts payable (as described above in "—*Special Situations—Payment of Additional Amounts*" or in any applicable prospectus supplement) in respect of withholding or deduction for taxes imposed on payments on the debt securities may be validly paid in accordance with French law.

Holders of the debt securities should consult with their tax advisors regarding the tax consequences if the guarantor makes any payments with respect to the debt securities.

#### United States Federal Income Taxation
The following is a summary of certain U.S. federal income tax considerations relevant to the acquisition, ownership and disposition of the debt securities of TotalEnergies SE, TotalEnergies Capital, or TotalEnergies Capital International to U.S. Holders (as defined below), and of the debt securities of TotalEnergies Capital USA to U.S. Holders and Non-U.S. Holders (as defined below).

This discussion addresses only U.S. federal income tax considerations relevant to debt securities that provide for interest unconditionally payable at least annually at a fixed rate, have a maturity not exceeding 40 years, and are properly treated for U.S. federal income tax purposes as debt. For example, this discussion does not address U.S. federal income tax consequences of debt securities with certain characteristics or that may be subject to special considerations, such as:

• debt securities that are convertible into equity interests;

• debt securities that are issued in bearer form;

• debt securities with contingent payments;

• debt securities with variable rate payments;

• debt securities with installment payments;

• indexed debt securities where payments will be payable by reference to any index or formula;

• debt securities with a reset of the interest rate;

• debt securities that are callable by the issuer before their maturity, other than typical calls at a premium;

• debt securities that are extendable at the option of the issuer or the holder; and

• debt securities where interest and/or principal may be deferred or canceled without approval of the holders.

If we intend to issue a security of a type not described in this section, or if there are otherwise special tax consequences with respect to the security that are not covered herein, additional tax information will be provided in the prospectus supplement or pricing supplement for the applicable security.

This summary deals only with debt securities purchased for cash at their issue price (generally the first price at which a substantial amount of the debt securities is sold, excluding sales to bond houses, brokers or similar persons or organizations acting in the capacity of underwriters, placement agents or wholesalers) pursuant to the relevant offering. Furthermore, this summary deals only with purchasers of debt securities that will hold the debt securities as capital assets (generally, property held for investment). The discussion does not cover all aspects of U.S. federal income taxation that may be relevant to, or the actual tax effect that any of the matters described herein will have on, the acquisition, ownership or disposition of debt securities by particular investors (including consequences under any alternative minimum tax, the net investment income tax, or the estate and gift tax), and does not address state, local, non-U.S. or other tax laws. This summary also does not discuss all of the tax considerations that may be relevant to certain types of investors subject to special treatment under the U.S. federal income tax laws, such as:

• banks, insurance companies, and other financial institutions;

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

• real estate investment trusts or regulated investment companies;

• controlled foreign corporations;

• passive foreign investment companies;

• investors that will hold the debt securities in individual retirement accounts or other tax-deferred accounts;

• persons subject to special rules for the taxable year of inclusion for accrual-basis taxpayers under Section 451(b) of the Code;

• tax-exempt organizations or governmental organizations;

• brokers, dealers or traders in securities or currencies;

• investors that will hold the debt securities as part of straddles, hedging transactions or conversion transactions for U.S. federal income tax purposes;

• investors that will hold debt securities through S corporations, partnerships or other pass-through entities or arrangements;

• corporations that accumulate earnings to avoid U.S. federal income tax;

• persons that have ceased to be U.S. citizens or lawful permanent residents of the United States;

• U.S. Holders whose functional currency is not the U.S. dollar;

• U.S. Holders who hold debt securities through foreign intermediaries; and

• U.S. Holders whose debt securities are held in connection with a trade or business conducted or a permanent establishment or fixed base located outside the United States.

This section is based on the Code, U.S. Treasury regulations promulgated thereunder (the "Treasury Regulations") and judicial and administrative interpretations thereof, in each case as in effect and available on the date of this prospectus. All of the foregoing are subject to change, which change could apply retroactively and could affect the tax consequences described below. We have not sought and do not intend to seek any rulings from the United States Internal Revenue Service (the "IRS") regarding the matters discussed below. There can be no assurance the IRS or a court will not take a contrary position to that discussed below regarding the tax consequences of the purchase, ownership and disposition of the debt securities.

Each prospective investor should consult its tax advisor with respect to the U.S. federal, state, local and non-U.S. tax consequences of acquiring, owning or disposing of the debt securities.

For the purposes of this section, a "U.S. Holder" is a beneficial owner of debt securities that is, for U.S. federal income tax purposes:

• An individual who is a citizen or resident of the United States;

• a corporation created or organized in or under the laws of the United States or any state of the United States (including the District of Columbia);

• an estate, the income of which is subject to U.S. federal income taxation regardless of its source; or

• a trust, if a court within the United States is able to exercise primary supervision over its administration and one or more U.S. persons have the authority to control all of the substantial decisions of such trust, or if such trust has a valid election in effect to be treated as a United States person for U.S. federal income tax purposes.

A "Non-U.S. Holder" is a beneficial owner of debt securities (other than a partnership or other entity or arrangement treated as a partnership for U.S. federal income tax purposes) that is not a U.S. Holder.

If an entity or arrangement treated as a partnership for U.S. federal income tax purposes holds debt securities, the tax treatment of a partner in the partnership will depend on the status of the partner, the activities of the partnership and certain determinations made at the partner level. Accordingly, partnerships holding debt securities and the partners in such partnerships should consult their tax advisors regarding the U.S. federal income tax consequences to them.

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 **The discussion of U.S. federal income tax consequences set out below is for general information only and is not tax advice. All prospective purchasers should consult their tax advisors with respect to the application of the U.S. federal income tax laws to their particular situations as well as any tax consequences of the acquisition, ownership and disposition of the debt securities arising under other U.S. federal tax laws (including estate and gift tax laws), under the laws of any state, local or non-U.S. taxing jurisdiction or under any applicable tax treaty.** 

#### Debt Securities of TotalEnergies SE, TotalEnergies Capital, TotalEnergies Capital International or TotalEnergies Capital USA Issued to U.S. Holders

#### Stated Interest
Interest paid on the debt securities (including additional amounts paid in respect of non-U.S. withholding taxes and without reduction for any amounts withheld), other than interest on a "discount note" (as defined below under "—*Original Issue Discount*") that is not "qualified stated interest," generally will be includible in the gross income of a U.S. Holder as ordinary interest income at the time it is received or accrued, in accordance with the U.S. Holder's method of accounting for U.S. federal income tax purposes. Qualified stated interest is generally interest that is unconditionally payable at least annually at a single fixed rate. In the case of debt securities issued by TotalEnergies Capital USA, interest paid by such company on such debt securities generally will be U.S. source income. In the case of debt securities issued by TotalEnergies SE, TotalEnergies Capital or TotalEnergies Capital International, interest paid by such company on such debt securities generally will be non-U.S. source income and, for purposes of the U.S. foreign tax credit, generally will be considered passive category income. Any non-U.S. withholding tax paid by a U.S. Holder may be eligible for foreign tax credits (or deduction in lieu of such credits) for U.S. federal income tax purposes, subject to applicable limitations. The calculation of foreign tax credits involves the application of complex rules that depend on a U.S. Holder's particular circumstances. U.S. Holders should consult their tax advisors regarding the availability of foreign tax credits.

If such interest is paid in foreign currency, a U.S. Holder that uses the cash method of accounting for U.S. federal income tax purposes will recognize interest income equal to the U.S. dollar value of the interest payment, based on the spot rate on the date of receipt, regardless of whether the payment is in fact converted into U.S. dollars at that time. A cash basis U.S. Holder will not realize foreign currency exchange gain or loss on the receipt of stated interest income but may recognize exchange gain or loss (taxable as U.S. source ordinary income or loss) attributable to the actual disposal of the foreign currency received. A U.S. Holder that uses the accrual method of accounting for U.S. federal income tax purposes, or who otherwise is required to accrue interest prior to receipt, may determine the amount recognized with respect to such interest in accordance with either of two methods. Under the first method, the U.S. Holder will recognize income for each taxable year equal to the U.S. dollar value of the foreign currency accrued for such year determined by translating such amount into U.S. dollars at the average spot rate in effect during the relevant interest accrual period (or, with respect to an accrual period that spans two taxable years, at the average rate for the partial period within the U.S. Holder's taxable year). In order to apply the second method, the accrual method U.S. Holder must make an election (which must be applied consistently to all debt instruments held by the electing U.S. Holder at the beginning of the first taxable year to which the election applies or thereafter acquired by the U.S. Holder, and cannot be changed without the consent of the IRS). Under the second method, the U.S. Holder would translate accrued interest income at the spot rate on the last day of the accrual period (or the last day of the taxable year in the case of an accrual period that spans two years), or at the spot rate on the date of receipt, if that date is within five business days of the last day of the accrual period. Under either method, a U.S. Holder that uses the accrual method of accounting for U.S. federal income tax purposes will recognize U.S. source foreign currency gain or loss (taxable as ordinary income or loss), on the date interest is received, equal to the difference between the U.S. dollar value of such payment, translated at the spot rate on the date the payment is received, and the U.S. dollar value of the interest previously included in income in respect of such payment.

#### Original Issue Discount
A debt security, other than a debt security with a term of one year or less (a "short-term note"), will be treated as issued with original issue discount ("OID," and a debt security issued with OID, a "discount note**")** for U.S. federal income tax purposes if the amount by which the debt security's "stated redemption price at maturity" exceeds its "issue price" is equal to or greater than a *de minimis* amount (generally, 0.25% of the debt security's stated redemption price at maturity multiplied by the number of complete years to its maturity). The stated redemption price at maturity of a debt security is the excess of the sum of all payments provided under the

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debt security other than qualified stated interest payments. The issue price of a debt security will be the first price at which a substantial amount of the debt security is sold to persons other than bond houses, brokers, or similar persons or organizations acting in the capacity of underwriters, placement agents, or wholesalers.

A U.S. Holder generally will be required to include OID on a discount note in gross income (as ordinary income) on an annual basis under a constant-yield accrual method regardless of the U.S. Holder's regular method of accounting for U.S. federal income tax purposes. As a result, U.S. Holders will generally include any OID in income in advance of the receipt of cash attributable to such income. Investors should consult their tax advisors to determine the U.S. federal income tax implications of the constant-yield method and the accrual of OID.

If a discount note is denominated in foreign currency, OID will be determined for any accrual period in foreign currency and then translated into U.S. dollars in accordance with either of the two alternative methods for accrual method U.S. Holders described under "—*Stated Interest*" above regardless as to their usual method of accounting for U.S. federal income tax purposes. A U.S. Holder will recognize U.S. source exchange gain or loss (taxable as ordinary income or loss) when such OID is paid (including, upon the disposition of the discount note, the receipt of proceeds that include amounts attributable to OID previously included in income) to the extent of the difference, if any, between the U.S. dollar value of the foreign currency payment received, determined based on the spot rate on the date such payment is received, and the U.S. dollar value of the accrued OID, as determined in the manner described above. For these purposes, all receipts on the discount note other than stated interest generally will be viewed first as receipts of previously accrued OID (to the extent thereof), with payments considered made for the earliest accrual periods first; and second, as receipts of principal.

OID on a discount note issued by TotalEnergies Capital USA generally will be treated as U.S. source income. OID on a discount note issued by TotalEnergies SE, TotalEnergies Capital or TotalEnergies Capital International generally will be treated as non-U.S. source income, and, for purposes of the U.S. foreign tax credit, generally will be considered passive category income.

#### Short-Term Notes
In general, an individual or other cash method U.S. Holder of a short-term note (as defined above) is not required to accrue OID (as specially defined below for the purposes of this paragraph) unless the U.S. Holder elects to do so. If such an election is not made, any gain recognized by the U.S. Holder on the sale, exchange or maturity of the short-term note will be ordinary income to the extent of the OID accrued on a straight-line basis, or upon election under the constant-yield method (based on daily compounding), through the date of sale or maturity, and a portion of the deductions otherwise allowable to the U.S. Holder for interest on borrowings allocable to the short-term note will be deferred until a corresponding amount of income is realized. U.S. Holders who report income for U.S. federal income tax purposes under the accrual method are required to accrue OID on a short-term note on a straight-line basis unless an election is made to accrue the OID under a constant-yield method (based on daily compounding).

For purposes of determining the amount of OID subject to these rules, all interest payments on a short-term note are included in the short-term note's stated redemption price at maturity. A U.S. Holder may elect to determine the OID as if the short-term note had been originally issued to the U.S. Holder at its purchase price. This election shall apply to all obligations with a maturity of one year or less acquired by the U.S. Holder on or after the first day of the first taxable year to which the election applies and may not be revoked without the consent of the IRS.

#### Debt Securities Purchased at a Premium
A U.S. Holder that purchases a debt security for an amount in excess of its stated redemption price at maturity may elect to treat such excess as amortizable bond premium. If this election is made, the amount required to be included in the U.S. Holder's income each year with respect to interest on the debt security will be reduced by the amount of amortizable bond premium allocable (based on the debt security's yield to maturity) to such year. In the case of a debt security that is denominated in foreign currency, amortizable bond premium will be computed in units of foreign currency and will reduce interest income in units of foreign currency. At the time amortizable bond premium offsets interest income, a U.S. Holder realizes U.S. source exchange gain or loss (taxable as ordinary income or loss) equal to the difference between exchange rates at that time and at the time

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of the acquisition of the debt security. Any election to amortize bond premium shall apply to all bonds (other than bonds the interest on which is excludible from gross income) held by the U.S. Holder at the beginning of the first taxable year to which the election applies or thereafter acquired by the U.S. Holder and is irrevocable without the consent of the IRS.

#### Sale, Exchange, Retirement or other Taxable Disposition of the Debt Securities
Upon the sale, exchange, retirement or other taxable disposition of a debt security, a U.S. Holder generally will recognize gain or loss in an amount equal to the difference between the amount realized (other than amounts attributable to accrued and unpaid stated interest, which will be includible in income as ordinary interest income in accordance with the U.S. Holder's method of tax accounting as described above) and the U.S. Holder's adjusted tax basis in the debt security.

A U.S. Holder's tax basis in a debt security generally will equal its "U.S. dollar cost," increased by the amount of any OID included in the U.S. Holder's income with respect to the debt security and reduced (but not below zero) by the amount of any payments with respect to the debt security that are not qualified stated interest payments and the amount of any amortizable bond premium applied to reduce interest on the debt security. The "U.S. dollar cost" of a debt security purchased with foreign currency generally will be the U.S. dollar value of the purchase price on the date of purchase.

The amount realized on the sale, exchange, retirement or other taxable disposition of a debt security for an amount of foreign currency will generally be the U.S. dollar value of that amount translated at the spot rate on the date of taxable disposition. If the debt security is traded on an established securities market, a cash basis taxpayer (and, if it elects, an accrual method taxpayer) will determine the U.S. dollar value of the amount realized on the settlement date of the disposition. If an accrual method taxpayer makes the election described above, such election must be applied consistently to all debt instruments from year to year and cannot be changed without the consent of the IRS. An accrual method U.S. Holder that does not make the special election will recognize U.S. source foreign currency exchange gain or loss (taxable as ordinary income or loss) to the extent attributable to the difference between the exchange rates on the trade date and settlement date.

Gain or loss recognized by a U.S. Holder upon the sale, exchange, retirement or other taxable disposition of a debt security that is attributable to changes in currency exchange rates with respect to the principal thereof generally will be U.S. source ordinary income or loss and will be equal to the difference between the U.S. dollar value of the U.S. Holder's purchase price of the debt security in foreign currency determined on the date of the sale, exchange, retirement or other taxable disposition, and the U.S. dollar value of the U.S. Holder's purchase price of the debt security in foreign currency, determined on the date the U.S. Holder acquired the debt security. The foreign currency exchange gain or loss with respect to principal and with respect to accrued and unpaid stated interest and, if any, accrued OID (which will be treated as discussed above under "—*Stated Interest*," or "—*Original Issue Discount*," as applicable) will be recognized only to the extent of the total gain or loss realized by the U.S. Holder on the sale, exchange, retirement or other taxable disposition of the debt security, and generally will be treated as U.S. source ordinary income or loss.

Subject to the discussion under "*Short-Term Notes*" above, any gain or loss recognized by a U.S. Holder in excess of foreign currency gain or loss recognized on the sale, exchange, retirement or other taxable disposition of a debt security generally will be U.S. source capital gain or loss and will be long-term capital gain or loss if the U.S. Holder has held the debt security for more than one year at the time of the sale, exchange, retirement or other taxable disposition. In the case of a non-corporate U.S. Holder (including an individual), any such gain may be eligible for preferential U.S. federal income tax rates if the U.S. Holder satisfies certain prescribed minimum holding periods. The deductibility of capital losses is subject to limitations.

U.S. Holders should consult their tax advisors regarding how to account for payments made in a foreign currency with respect to the acquisition, sale, exchange, retirement or other taxable disposition of a debt security and the foreign currency received upon a sale, exchange, retirement or other taxable disposition of a debt security.

#### Information Reporting, Backup Withholding and Other Disclosure Requirements
Backup withholding and information reporting requirements may apply to certain payments of interest, OID (if any), and to sale, exchange, retirement or redemption proceeds to U.S. Holders made within the United States or through certain U.S.-related financial intermediaries. A U.S. Holder may be subject to backup

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withholding if it fails to furnish the U.S. Holder's taxpayer identification number, fails to certify that such U.S. Holder is not subject to backup withholding, or fails to otherwise comply with the applicable requirements of the backup withholding rules. Certain U.S. Holders are not subject to the backup withholding and information reporting requirements.

Backup withholding is not an additional tax. Any amounts withheld under the backup withholding rules from a payment to a U.S. Holder generally may be allowed as a refund or a credit against such holder's U.S. federal income tax liability provided that the required information is timely furnished to the IRS.

Certain U.S. Holders that own "specified foreign financial assets" that meet certain U.S. dollar value thresholds generally are required to report information on IRS Form 8938 (Statement of Specified Foreign Financial Assets) relating to such assets with their tax returns. The debt securities issued by TotalEnergies SE, TotalEnergies Capital or TotalEnergies Capital International generally will constitute specified foreign financial assets subject to these reporting requirements unless such debt securities are held in an account at certain financial institutions. U.S. Holders who fail to report the required information could be subject to substantial penalties, and, in such circumstances, the statute of limitations for assessment of tax could be suspended, in whole or part. U.S. Holders are urged to consult their tax advisors regarding the application of these disclosure requirements to their ownership of such debt securities.

Treasury Regulations require the reporting to the IRS of certain foreign currency transactions giving rise to losses equal to, or in excess of, a certain minimum amount, such as the receipt or accrual of OID or interest on foreign currency debt securities, or the sale, exchange, retirement or other taxable disposition of debt securities or foreign currency received in respect thereof. U.S. Holders should consult their tax advisors to determine the tax return obligations, if any, with respect to an investment in the debt securities, including any requirement to file IRS Form 8886 (Reportable Transaction Disclosure Statement).

Prospective investors are urged to consult their tax advisors as to the application of the information reporting and other disclosure requirement rules to their particular circumstances, including any qualification for exemption from backup withholding and the procedure for obtaining an exemption.

#### Foreign Account Tax Compliance Act
Pursuant to Sections 1471 through 1474 of the Code (such Sections commonly referred to as the Foreign Account Tax Compliance Act or "FATCA"), and subject to the proposed Treasury Regulations discussed below, a "foreign financial institution" may be required to withhold U.S. tax on certain "foreign passthru payments" (a term not yet defined) to the extent such payments are treated as attributable to certain U.S.-source payments. As non-U.S. entities, if TotalEnergies SE, TotalEnergies Capital or TotalEnergies Capital International were to qualify as a foreign financial institution, under proposed Treasury Regulations, any withholding on "foreign passthru payments" on any so-qualifying entity's debt securities that are not otherwise "grandfathered" (as described below) would apply to "foreign passthru payments" made on or after the date that is two years after the date of publication in the U.S. Federal Register of applicable final Treasury Regulations defining "foreign passthru payments." Taxpayers may generally rely on these proposed Treasury Regulations until final Treasury Regulations are issued. Obligations issued on or prior to the date that is six months after the date on which applicable final Treasury Regulations defining "foreign passthru payments" are filed with the U.S. Federal Register generally would be "grandfathered" (and therefore not subject to withholding under FATCA) unless materially modified after such date. However, if additional debt securities that are non-fungible for U.S. federal income tax purposes with, but are not otherwise distinguishable from, a series of previously issued debt securities are issued after the grandfathering date and are subject to withholding under FATCA, then withholding agents may treat all debt securities of such series, including the debt securities of such series offered on or prior to the grandfathering date, as subject to withholding under FATCA. Non-U.S. governments (including France) have entered into agreements with the United States (and additional non-U.S. governments are expected to enter into such agreements) to implement FATCA in a manner that alters the rules described herein. Holders should consult their tax advisors on how these rules may apply to their investment in the debt securities. In the event any withholding under FATCA is imposed with respect to any payments on the debt securities, no person shall have any obligation to gross-up any of the aforementioned payments or to pay any additional amount as a result of such withholding.

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#### Debt Securities of TotalEnergies Capital USA Issued to Non-U.S. Holders

#### Interest
Subject to the discussion of backup withholding and FATCA withholding below, a Non-U.S. Holder will not be subject to U.S. federal income or withholding tax on payments of stated interest (including OID, if any) if the interest is not effectively connected with the Non-U.S. Holder's conduct of a trade or business in the United States and:

• the Non-U.S. Holder (i) is not a bank with respect to which its receipt of interest on the debt securities is in connection with an extension of credit made pursuant to a loan agreement entered into in the ordinary course of its trade or business, (ii) does not own, actually or constructively, 10% or more of the total combined voting power of all classes of the voting stock of TotalEnergies Holdings, USA, Inc., TotalEnergies Capital USA's sole member;

• the Non-U.S. Holder is not a "controlled foreign corporation" that is related, actually or constructively, to TotalEnergies Holdings, USA, Inc. through stock ownership; and

• the U.S. person that would otherwise be required to deduct and withhold tax from the payment (i) receives a statement (generally on IRS Form W-8BEN, or IRS Form W-8BEN-E) from the Non-U.S. Holder, signed under penalties of perjury, that the Non-U.S. Holder is not a U.S. person or certain other certification requirements are satisfied and (ii) has no actual knowledge or reason to know that the holder is a U.S. Holder.

If a Non-U.S. Holder cannot satisfy the requirements described above, payments of interest (including OID, if any) made to such holder will be subject to U.S. federal withholding tax at a 30% rate unless the Non-U.S. Holder provides the withholding agent with a properly executed IRS Form W-8BEN or IRS Form W-8BEN-E (or applicable successor form) claiming an exemption from (or a reduction of) withholding under the benefits of an income tax treaty, or the payments of interest (including OID, if any) are effectively connected with such holder's conduct of a trade or business in the United States and the Non-U.S. Holder meets the certification requirements described below. (See "*Income or Gain Effectively Connected with a U.S. Trade or Business*.")

#### Sale, Exchange, Retirement or Other Taxable Disposition of the Debt Securities
Subject to the discussion of backup withholding and FATCA withholding below, a Non-U.S. Holder will not be subject to U.S. federal income or withholding tax on any gain realized on the sale, exchange, retirement or other taxable disposition of a debt security unless the gain is effectively connected with such holder's conduct of a trade or business in the United States (and, if an applicable income tax treaty so provides, is attributable to a permanent establishment or fixed base maintained by such holder in the United States) or, if the Non-U.S. Holder is an individual, such holder is present in the United States for 183 days or more in the taxable year in which the sale, exchange, retirement or other taxable disposition occurs and certain other conditions are met. Any amount received by a Non-U.S. Holder on the sale, exchange, retirement or other taxable disposition of a debt security that is attributable to accrued interest will be subject to U.S. federal income tax in accordance with the rules for taxation of interest described above.

#### Income or Gain Effectively Connected with a U.S. Trade or Business
If any interest (including OID, if any) on the debt securities or gain from the sale, exchange, retirement or other taxable disposition of the debt securities is effectively connected with a U.S. trade or business conducted by a Non-U.S. Holder (and, if required by an applicable income tax treaty, is attributable to a permanent establishment maintained by such holder in the United States), then the interest income (including OID, if any) or gain will be subject to U.S. federal income tax at regular graduated income tax rates generally in the same manner as if you were a U.S. Holder. Effectively connected interest income (including OID, if any) will not be subject to U.S. federal withholding tax if you satisfy certain certification requirements by providing to the applicable withholding agent a properly executed IRS Form W-8ECI or successor form. In addition, if you are a corporation, that portion of your earnings and profits that is effectively connected with your U.S. trade or business may also be subject to a "branch profits tax" at a 30% rate unless an applicable income tax treaty provides for a lower rate. For this purpose, interest received on a debt security and gain recognized on the disposition of a debt security will be included in earnings and profits if the interest or gain is effectively connected with the conduct by you of a U.S. trade or business.

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Non-U.S. Holders that are subject to the 183 day rule described above will generally be subject to U.S. federal income tax at a rate of 30% (or lower treaty rate, if applicable) on the amount by which capital gains allocable to U.S. sources (including gains from the sale, exchange, retirement or other taxable disposition of the debt securities) exceed capital losses allocable to U.S. sources (excluding any capital loss carryovers).

#### Information Reporting and Backup Withholding
Backup withholding will not apply to payments of principal or interest (including OID, if any) made by TotalEnergies Capital USA or its paying agent to a Non-U.S. Holder of a debt security if the Non-U.S. Holder meets the identification and certification requirements discussed above under the subheading "—*Interest*" for exemption from U.S. federal withholding tax or otherwise establishes an exemption. However, information reporting may still apply with respect to interest payments (including OID, if any). Copies of the relevant information returns may be made available to the tax authorities of the country in which the Non-U.S. Holder resides under the provisions of various treaties or agreements for the exchange of information.

Backup withholding and information reporting generally will not apply to payments of proceeds from the sale, exchange, retirement or other taxable disposition of a debt security made to a Non-U.S. Holder by or through the foreign office of a broker. However, information reporting requirements will apply if such broker is, for U.S. federal income tax purposes, a U.S. person or has certain other enumerated connections with the United States unless such broker has documentary evidence in its records that the holder is a Non-U.S. person and certain other conditions are met, or the holder otherwise establishes an exemption. Payments of proceeds from the sale, exchange, retirement or other taxable disposition of a debt security made to a Non-U.S. Holder by or through the United States office of a broker are subject to information reporting and backup withholding at the applicable rate unless the holder certifies, under penalties of perjury, that it is a non-U.S. person and that it satisfies certain other conditions or otherwise establishes an exemption.

Backup withholding is not an additional tax. Any amounts withheld under the backup withholding rules from a payment to a Non-U.S. Holder generally may be allowed as a refund or a credit against such holder's U.S. federal income tax liability provided that the required information is timely furnished to the IRS.

Non-U.S. Holders should consult their own tax advisors regarding the application of information reporting and backup withholding rules in their particular situations, the availability of an exemption therefrom and the procedure for obtaining such an exemption, if available.

#### Foreign Account Tax Compliance Act
FATCA may impose a U.S. federal withholding tax of 30% on interest income (including OID, if any) paid on a debt security issued by TotalEnergies Capital USA and (subject to the proposed Treasury Regulations discussed below) on the gross proceeds from a disposition of such a debt security paid to (i) a foreign financial institution (as the beneficial owner or as an intermediary for the beneficial owner) unless such institution enters into an agreement with the United States government to collect and provide to the United States tax authorities substantial information regarding United States account holders of such institution (which would include certain equity and debt holders of such institution, as well as certain account holders that are foreign entities with United States owners), and (ii) a foreign entity that is not a financial institution (as the beneficial owner or as an intermediary for the beneficial owner) unless such entity provides the withholding agent with a certification identifying the substantial United States owners of the entity, which generally includes any United States person who directly or indirectly owns more than 10% of the entity. Withholding under FATCA generally will apply to payments of interest on a debt security regardless of when they are made. While withholding under FATCA would have applied also to payments of gross proceeds from the sale or other disposition of debt securities, proposed Treasury Regulations eliminate FATCA withholding on payments of gross proceeds entirely. Taxpayers generally may rely on these proposed Treasury Regulations until final Treasury Regulations are issued. No such final Treasury Regulations have been issued as of the date hereof.

An intergovernmental agreement between the United States and the applicable foreign country, or future Treasury Regulations or other guidance, may modify these requirements. In many cases, Non-U.S. Holders may be able to indicate their exemption from, or compliance with, FATCA by providing a properly completed IRS Form W-8BEN or W-8BEN-E to the applicable withholding agent certifying as to such status under FATCA; however, it is possible that additional information and diligence requirements will apply in order for a holder to establish an exemption from withholding under FATCA to the applicable withholding agent. Non-U.S. Holders should consult their tax advisors on how these rules may apply to their investment in the

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debt securities. In the event any withholding under FATCA is imposed with respect to any payments on the debt securities, no person shall have any obligation to gross-up any of the aforementioned payments or to pay any additional amount as a result of such withholding.

#### Further Issues
Unless otherwise specified in a prospectus supplement, we may issue debt securities of the same series as an outstanding series of debt securities (which additional debt securities so issued will have the same terms as the existing debt securities of the same series in all respects (except for the first interest payment on the new series, if any)) without the consent of holders of securities in the outstanding series, as described under "*Description of Debt Securities and Guarantee—General*." These additional debt securities, even if they are treated for non-U.S.-federal-income-tax purposes as part of the same series as a series of original debt securities, may be treated as non-fungible with such series of original debt securities for U.S. federal income tax purposes. In such case, the additional debt securities may be considered to have been issued with OID even if the relevant series of original debt securities had no OID or with a different amount of OID than the relevant series of original debt securities. These differences may affect the market value of the relevant series of original debt securities if the additional debt securities are not otherwise distinguishable from the relevant series of original debt securities.

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#### PLAN OF DISTRIBUTION
We may sell the offered securities from time to time:

• through underwriters or dealers;

• through agents;

• directly to one or more purchasers; or

• through a combination of any of these methods of sale.

We will identify the specific plan of distribution, including any underwriters, dealers, agents or direct purchasers and their compensation in the applicable prospectus supplement.

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#### LEGAL MATTERS
The Legal Director, Project & Corporate Finance of TotalEnergies SE will pass upon the validity of the debt securities and guarantees as to matters of French law and United States law.

In connection with particular offerings of debt securities in the future, the Legal Director, Project & Corporate Finance of TotalEnergies SE, or other counsel named in the applicable prospectus supplement, will pass upon the validity of the debt securities and guarantee as to matters of French law and New York law. Clifford Chance LLP or any other law firm named in the applicable prospectus supplement will pass upon the validity of the debt securities and guarantee for any underwriters or agents.

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#### EXPERTS
The consolidated financial statements of TotalEnergies SE as of December 31, 2024, 2023 and 2022 and for the years then ended, and management's assessment of the effectiveness of internal control over financial reporting (which is included in Management's Annual Report on Internal Control over Financial Reporting) as of December 31, 2024 incorporated in this prospectus by reference to the TotalEnergies' [Annual Report on Form 20-F for the year ended December 31, 2024](http://www.sec.gov/ix?doc=/Archives/edgar/data/879764/000110465925029751/tot-20241231x20f.htm) have been so incorporated in reliance on the reports of Ernst & Young Audit and PricewaterhouseCoopers Audit, independent registered public accounting firms, given on the authority of said firms as experts in auditing and accounting.

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#### EXPENSES
The following is an estimate of the expenses (other than underwriting discounts and commissions) that we may incur in connection with the distribution of securities registered under this registration statement:

---

| |
|:---|
| Securities and Exchange Commission registration fee <br><sup>(1)</sup>  |
| Printing and engraving expenses <br><sup>(2)</sup>  |
| Legal fees and expenses <br><sup>(2)</sup>  |
| Accounting fees and expenses <br><sup>(2)</sup>  |
| Indenture Trustee's fees and expenses <br><sup>(2)</sup>  |
| Rating Agencies' fees <br> <sup>(2)</sup>  |
| **Total** **<sup>(2)</sup>**  |

---

(1) Pursuant to Rules 456(b) and 457(r) under the Securities Act of 1933, as amended, the SEC registration fee will be paid at the time of any particular offering of securities under the registration statement and is therefore not currently determinable.

(2) These fees are calculated based on the securities offered and the number of issuances and accordingly cannot be estimated at this time.

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#### PART II

#### INFORMATION NOT REQUIRED IN PROSPECTUS

#### Item 8. Indemnification of Directors, Managers and Officers
Under French law, provisions of bylaws (*statuts*) that limit the liability of directors are prohibited. French law also prohibits a company from indemnifying its directors against liability. However, if a director is sued by a third party in connection with the performance of his duties as director and ultimately prevails in the litigation on all counts, but is nevertheless required to bear attorneys' fees and costs, the company may reimburse those fees and costs pursuant to an indemnification arrangement with the director.

 *TotalEnergies Capital USA, LLC* 

Section 18-108 of the Delaware Limited Liability Company Act provides that, subject to such standards and restrictions, if any, as are set forth in its limited liability company agreement, a limited liability company may, and shall have the power to indemnify and hold harmless any member or manager or other person from and against any and all claims and demands whatsoever.

The Limited Liability Company Agreement of TotalEnergies Capital USA, LLC provides that the company shall indemnify any member, officer, manager or employee of the company and its affiliates from and against any and all claims, liabilities, damages, losses, costs and expenses of any nature whatsoever, arising from any and all claims, demands, actions, suits or proceedings, civil, criminal, administrative or investigative, in which such person may be involved, or threatened to be involved, as a party or otherwise, by reason of its management of the affairs of TotalEnergies Capital USA or which relates to or arises out of or in connection with TotalEnergies Capital USA, its property, its business or affairs, including its status as a member therein. In addition, to the fullest extent permitted by applicable law, no member, officer, manager or employee of TotalEnergies Capital USA or its affiliates shall be liable to the company for any act or omission taken or omitted in good faith by such person and in the reasonable belief that such act or omission is in, or is not contrary to, the best interests of the company and is within the scope of authority granted to such person, unless such act or omission resulted from fraud, bad faith or willful misconduct, by such person.

TotalEnergies SE, TotalEnergies Capital, TotalEnergies Capital USA and TotalEnergies Capital International maintain liability insurance for their respective directors, managers and officers, including insurance against liabilities under the U.S. Securities Act of 1933, as amended.

#### Item 9. Exhibits

---

| | |
|:---|:---|
| **Exhibit <br> Number**  | **Description of Document**  |
| &nbsp;&nbsp;&nbsp; 1.1 | [Form of Underwriting Agreement for TotalEnergies SE Debt Securities](http://www.sec.gov/Archives/edgar/data/879764/000110465924053979/tm2412879d2_ex1-1.htm).\*  |
| &nbsp;&nbsp;&nbsp; 1.2 | [Form of Underwriting Agreement for TotalEnergies Capital Guaranteed Debt Securities](http://www.sec.gov/Archives/edgar/data/879764/000110465924053979/tm2412879d2_ex1-2.htm).\*  |
| &nbsp;&nbsp;&nbsp; 1.3 | [Form of Underwriting Agreement for TotalEnergies Capital USA, LLC Guaranteed Debt Securities](tm2523173d2_ex1-3.htm).  |
| &nbsp;&nbsp;&nbsp; 1.4 | [Form of Underwriting Agreement for TotalEnergies Capital International Guaranteed Debt Securities](http://www.sec.gov/Archives/edgar/data/879764/000110465924053979/tm2412879d2_ex1-4.htm).\*  |
| &nbsp;&nbsp;&nbsp; 4.1 | [Articles of Association (Statuts) of TotalEnergies SE (incorporated by reference to Exhibit 1 of TotalEnergies SE's Annual Report on Form 20-F for the year ended December 31, 2024, filed with the SEC on March 31, 2025).](http://www.sec.gov/Archives/edgar/data/879764/000110465925029751/tot-20241231xex1.htm)  |
| &nbsp;&nbsp;&nbsp; 4.2 | [Form of Indenture, between TotalEnergies SE and The Bank of New York Mellon. (incorporated by reference to TotalEnergies SE's Registration Statement on Form F-3 of TotalEnergies SE (File No. 333-180967), filed with the SEC on April 26, 2012)](http://www.sec.gov/Archives/edgar/data/879764/000110465912029000/a12-9549_1ex4d2.htm).  |
| &nbsp;&nbsp;&nbsp; 4.3 | [Indenture, dated as of October 2, 2009, among TotalEnergies Capital, TotalEnergies SE, and The Bank of New York Mellon (incorporated by reference to TotalEnergies SE's Registration Statement on Form F-3 of TotalEnergies SE (File No. 333-180967), filed with the SEC on April 26, 2012).](http://www.sec.gov/Archives/edgar/data/879764/000110465912029000/a12-9549_1ex4d3.htm)  |
| &nbsp;&nbsp;&nbsp; 4.4 | [Form of Indenture, among TotalEnergies Capital USA, LLC, TotalEnergies SE, and The Bank of New York Mellon.](tm2523173d2_ex4-4.htm)  |

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| | |
|:---|:---|
| **Exhibit <br> Number**  | **Description of Document**  |
| &nbsp;&nbsp;&nbsp; 4.5 | [Indenture, dated as of February 17, 2012, among TotalEnergies Capital International, TotalEnergies SE, and The Bank of New York Mellon (incorporated by reference to TotalEnergies SE's Registration Statement on Form F-3 of TotalEnergies SE (File No. 333-180967), filed with the SEC on April 26, 2012).](http://www.sec.gov/Archives/edgar/data/879764/000110465912029000/a12-9549_1ex4d5.htm)  |
| &nbsp;&nbsp;&nbsp; 4.6 | [First Supplemental Indenture between Total Capital, TotalEnergies SE and The Bank of New York Mellon, acting through its London Branch, as trustee, dated as of October 11, 2018, in respect of 3.883% Guaranteed Notes due 2028 (incorporated by reference to Exhibit 4.1 of TotalEnergies SE's report on Form 6-K, filed with the SEC on October 11, 2018).](http://www.sec.gov/Archives/edgar/data/879764/000119312518297369/d605325dex41.htm)  |
| &nbsp;&nbsp;&nbsp; 4.7 | [Second Supplemental Indenture between TotalEnergies Capital, TotalEnergies SE and The Bank of New York Mellon, acting through its London Branch, as trustee, dated as of July 22, 2020 (incorporated by reference to Exhibit 4.3 of TotalEnergies SE's report on Form 6-K, filed with the SEC on July 22, 2020).](http://www.sec.gov/Archives/edgar/data/879764/000119312520197018/d28382dex43.htm)  |
| &nbsp;&nbsp;&nbsp; 4.8 | [Third Supplemental Indenture between TotalEnergies Capital, TotalEnergies SE and The Bank of New York Mellon, acting through its London Branch, as trustee, dated as of June 17, 2021 (incorporated by reference to Exhibit 4.3 of TotalEnergies SE's report on Form 6-K, filed with the SEC on June 17, 2021).](http://www.sec.gov/Archives/edgar/data/879764/000110465921082394/tm2119672d1_ex4-3.htm)  |
| &nbsp;&nbsp;&nbsp; 4.9 | [First Supplemental Indenture between TotalEnergies Capital International, TotalEnergies SE and The Bank of New York Mellon, acting through its London Branch, as trustee, dated as of February 12, 2019, in respect of 3.455% Guaranteed Notes Due 2029 (incorporated by reference to Exhibit 4.1 of TotalEnergies SE's report on Form 6-K, filed with the SEC on February 19, 2019).](http://www.sec.gov/Archives/edgar/data/879764/000163462119000006/ex41.htm)  |
| &nbsp;&nbsp;&nbsp; 4.10 | [Form of Debt Securities for TotalEnergies SE (included in Exhibit 4.2)](http://www.sec.gov/Archives/edgar/data/879764/000110465912029000/a12-9549_1ex4d2.htm).\*  |
| &nbsp;&nbsp;&nbsp; 4.11 | [Form of Debt Securities for TotalEnergies Capital and Guarantee relating thereto (included in Exhibit 4.3)](http://www.sec.gov/Archives/edgar/data/879764/000110465912029000/a12-9549_1ex4d3.htm).\*  |
| &nbsp;&nbsp;&nbsp; 4.12 | [Form of Debt Securities for TotalEnergies Capital USA, LLC and Guarantee relating thereto (included in Exhibit 4.4).](tm2523173d2_ex4-4.htm)  |
| &nbsp;&nbsp;&nbsp; 4.13 | [Form of Debt Securities for TotalEnergies Capital International and Guarantee relating thereto (included in Exhibit 4.5).\*](http://www.sec.gov/Archives/edgar/data/879764/000110465912029000/a12-9549_1ex4d5.htm)  |
| &nbsp;&nbsp;&nbsp; 5.1 | [Opinion of Matthew Clayton, Legal Director, Projects & Corporate Finance of TotalEnergies SE, as to the validity of the Debt Securities and Guarantees as to certain matters of French law.](tm2523173d2_ex5-1.htm)  |
| &nbsp;&nbsp;&nbsp; 5.2 | [Opinion of Matthew Clayton, Legal Director, Projects & Corporate Finance of TotalEnergies SE, as to the validity of the Debt Securities and Guarantees as to certain matters of United States law.](tm2523173d2_ex5-2.htm)  |
| &nbsp;&nbsp; 22.1 | [List of subsidiary guarantors and issuers of guaranteed securities](tm2523173d2_ex22-1.htm)  |
| &nbsp;&nbsp; 23.1 | [Consent of Ernst & Young Audit and PricewaterhouseCoopers Audit.](tm2523173d2_ex23-1.htm)  |
| &nbsp;&nbsp; 23.2 | Consent of Matthew Clayton, Legal Director, Projects & Corporate Finance of TotalEnergies SE (included in Exhibits [5.1](tm2523173d2_ex5-1.htm) and [5.2](tm2523173d2_ex5-2.htm) above).  |
| &nbsp;&nbsp; 24.1 | [Power of attorney—TotalEnergies SE.](tm2523173d2_ex24-1.htm)  |
| &nbsp;&nbsp; 24.2 | [Power of attorney—TotalEnergies Capital](tm2523173d2_ex24-2.htm). |
| &nbsp;&nbsp; 24.3 | [Power of attorney—TotalEnergies Capital USA, LLC.](tm2523173d2_ex24-3.htm)  |
| &nbsp;&nbsp; 24.4 | [Power of attorney—TotalEnergies Capital International](tm2523173d2_ex24-4.htm). |
| &nbsp;&nbsp; 25.1 | [Statement of eligibility of Trustee on Form T-1 with respect to Exhibit 4.2 above](http://www.sec.gov/Archives/edgar/data/879764/000110465924053979/tm2412879d2_ex25-1.htm).\*  |
| &nbsp;&nbsp; 25.2 | [Statement of eligibility of Trustee on Form T-1 with respect to Exhibit 4.3 above](http://www.sec.gov/Archives/edgar/data/879764/000110465924053979/tm2412879d2_ex25-2.htm).\*  |
| &nbsp;&nbsp; 25.3 | [Statement of eligibility of Trustee on Form T-1 with respect to Exhibit 4.4 above.](tm2523173d2_ex25-3.htm)  |
| &nbsp;&nbsp; 25.4 | [Statement of eligibility of Trustee on Form T-1 with respect to Exhibit 4.5 above](http://www.sec.gov/Archives/edgar/data/879764/000110465924053979/tm2412879d2_ex25-4.htm).\*  |
| 107.1 | [Filing Fee Table.](tm2523173d1_ex-filingfees.htm)  |

---

\*

Previously filed on the Registration Statement on Form F-3 of TotalEnergies SE (File No. 333-278983), dated April 29, 2024.

#### Item 10. Undertakings
Each of the undersigned registrants hereby undertakes:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1) To file, during any period in which offers or sales are being made, a post-effective amendment to this registration statement:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (i) To include any prospectus required by Section 10(a)(3) of the Securities Act of 1933;

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (ii) To reflect in the prospectus any facts or events arising after the effective date of the registration statement (or the most recent post-effective amendment thereof) which, individually or in the aggregate, represent a fundamental change in the information set forth in the registration statement. Notwithstanding the foregoing, any increase or decrease in volume of securities offered (if the total dollar value of securities offered would not exceed that which was registered) and any deviation from the low or high end of the estimated maximum offering range may be reflected in the form of prospectus filed with the SEC pursuant to Rule 424(b) if, in the aggregate, the changes in volume and price represent no more than a 20% change in the maximum aggregate offering price set forth in the "Calculation of Filing Fee Tables" in the effective registration statement; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (iii) To include any material information with respect to the plan of distribution not previously disclosed in the registration statement or any material change to such information in the registration statement;

*provided*, however, that paragraphs (i), (ii) and (iii) do not apply if the information required to be included in a post-effective amendment by those paragraphs is contained in reports filed with or furnished to the Commission by the registrant pursuant to Section 13 or Section 15(d) of the Securities Exchange Act of 1934 that are incorporated by reference in the registration statement on Form F-3, or is contained in a form of prospectus filed pursuant to Rule 424(b) that is part of the registration statement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2) That, for the purpose of determining any liability under the Securities Act of 1933, each such post-effective amendment shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (3) To remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the termination of the offering.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (4) To file a post-effective amendment to the registration statement to include any financial statements required by Item 8.A.of Form 20-F at the start of any delayed offering or throughout a continuous offering. Financial statements and information otherwise required by Section 10(a)(3) of the Securities Act of 1933 need not be furnished, provided that the registrant includes in the prospectus, by means of a post-effective amendment, financial statements required pursuant to this paragraph (4) and other information necessary to ensure that all other information in the prospectus is at least as current as the date of those financial statements. Notwithstanding the foregoing, with respect to registration statements on Form F-3ASR, a post-effective amendment need not be filed to include financial statements and information required by Section 10(a)(3) of the Securities Act of 1933 or Item 8.A of Form 20-F if such financial statements and information are contained in periodic reports filed with or furnished to the Commission by the registrant pursuant to Section 13 or Section 15(d) of the Securities Exchange Act of 1934 that are incorporated by reference in the Form F-3ASR.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (5) That, for the purpose of determining liability under the Securities Act of 1933 to any purchaser:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (A) Each prospectus filed by a registrant pursuant to Rule 424(b)(3) shall be deemed to be part of the registration statement as of the date the filed prospectus was deemed part of and included in the registration statement; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (B) Each prospectus required to be filed pursuant to Rule 424(b)(2), (b)(5) or (b)(7) as part of a registration statement in reliance on Rule 430B relating to an offering made pursuant to Rule 415(a)(1)(i), (vii) or (x) for the purpose of providing the information required by Section 10(a) of the Securities Act of 1933 shall be deemed to be part of and included in the registration statement as of the earlier of the date such form of prospectus is first used after effectiveness or the date of the first contract of sale of securities in the offering described in the prospectus. As provided in Rule 430B, for liability purposes of the issuer and any person that is at that date an underwriter, such date shall be deemed to be a new effective date of the registration statement relating to the securities in the registration statement to which that prospectus relates, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof. Provided, however, that no statement made in a registration statement or prospectus that is part of the registration statement or made in a document incorporated or deemed incorporated by reference into the registration statement or prospectus that is part of the registration statement will, as to a purchaser

------

[**TABLE OF CONTENTS**](#TOC)

with a time of contract of sale prior to such effective date, supersede or modify any statement that was made in the registration statement or prospectus that was part of the registration statement or made in any such document immediately prior to such effective date.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (6) That, for the purpose of determining liability of a registrant under the Securities Act of 1933 to any purchaser in the initial distribution of the securities, each undersigned registrant undertakes that in a primary offering of securities of an undersigned registrant pursuant to this registration statement, regardless of the underwriting method used to sell the securities to the purchaser, if the securities are offered or sold to such purchaser by means of any of the following communications, the undersigned registrant will be a seller to the purchaser and will be considered to offer or sell such securities to such purchaser by using:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (i) Any preliminary prospectus or prospectus of an undersigned registrant relating to the offering required to be filed pursuant to Rule 424;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (ii) Any free writing prospectus relating to the offering prepared by or on behalf of an undersigned registrant or used or referred to by an undersigned registrant;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (iii) The portion of any other free writing prospectus relating to the offering containing material information about an undersigned registrant or its securities provided by or on behalf of an undersigned registrant; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (iv) Any other communication that is an offer in the offering made by an undersigned registrant to the purchaser.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (7) That, for purposes of determining any liability under the Securities Act of 1933, each filing of the Company's annual report pursuant to Section 13(a) or 15(d) of the Securities Exchange Act of 1934 (and, where applicable, each filing of an employee benefit plan's annual report pursuant to Section 15(d) of the Securities Exchange Act of 1934) that is incorporated by reference in the registration statement shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.

Insofar as indemnification for liabilities arising under the Securities Act of 1933 may be permitted to directors, officers and controlling persons of each registrant pursuant to the foregoing provisions, or otherwise, each registrant has been advised that in the opinion of the Securities and Exchange Commission such indemnification is against public policy as expressed in the Securities Act of 1933 and is, therefore, unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment by a registrant of expenses incurred or paid by a director, officer or controlling person of a registrant in the successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, that registrant will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Securities Act of 1933 and will be governed by the final adjudication of such issue.

------

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#### SIGNATURES OF TOTALENERGIES SE
Pursuant to the requirements of the Securities Act of 1933, as amended, TotalEnergies SE certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on the Post-Effective Amendment No. 1 to the Form F-3 and has duly caused this amendment to the registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in Paris, France on August 29, 2025.

---

| |
|:---|
| **TOTALENERGIES SE** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; By: <br>/s/ Jean-Pierre Sbraire <br>Name: <br>Jean-Pierre Sbraire <br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Title: <br>Chief Financial Officer <br>|

---

Pursuant to the requirements of the Securities Act of 1933, as amended, this Post Effective Amendment No. 1 to the Registration Statement has been signed below by the following persons in the capacities indicated on August 29, 2025.

---

| | |
|:---|:---|
| **Signature**  | **Title**  |
| \* <br>Patrick Pouyanné  | Chairman and Chief Executive Officer <br> (Principal Executive Officer) |
| /s/ Jean-Pierre Sbraire <br>Jean-Pierre Sbraire  | Executive Vice President and Chief Financial Officer <br> (Principal Financial Officer) |
| \* <br>Elodie Tilmant  | Chief Accounting Officer <br> (Principal Accounting Officer) |
| \* <br>Jacques Aschenbroich  | Director |
| \* <br>Marie-Christine Coisne-Roquette  | Director |
| \* <br>Lise Croteau  | Director |
| \* <br>Mark Cutifani  | Director |
| \* <br>Marie-Ange Debon  | Director |
| <br>Valérie Della Puppa-Tibi  | Director |
| \* <br>Romain Garcia-Ivaldi  | Director |

---

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[**TABLE OF CONTENTS**](#TOC)

---

| | |
|:---|:---|
| **Signature**  | **Title**  |
| <br>Glenn Hubbard  | Director |
| \* <br>Anelise Lara  | Director |
| <br>Helen Lee Bouygues  | Director |
| <br>Laurent Mignon  | Director |
| \* <br>Dierk Paskert  | Director |
| \* <br>Angel Pobo  | Director |
| \* <br>Jeanine Wai  | Authorized Representative in the United States |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; By: <br>/s/ Jean-Pierre Sbraire <br>Jean-Pierre Sbraire  | Attorney-in-fact |

---

------

[**TABLE OF CONTENTS**](#TOC)

#### SIGNATURES OF TOTALENERGIES CAPITAL
Pursuant to the requirements of the Securities Act of 1933, as amended, TotalEnergies Capital certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on the Post-Effective Amendment No. 1 to the Form F-3ASR and has duly caused this amendment to the registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in Paris, France on August 29, 2025.

---

| |
|:---|
| **TOTALENERGIES CAPITAL** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; By: <br>/s/ Denis Toulouse <br>Name: <br>Denis Toulouse <br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Title: <br>Director <br>|

---

Pursuant to the requirements of the Securities Act of 1933, as amended, this Post Effective Amendment No. 1 to the Registration Statement has been signed below by the following persons in the capacities indicated on August 29, 2025.

---

| | |
|:---|:---|
| **Signature**  | **Title**  |
| /s/ Frédéric Agnès <br>Frédéric Agnès  | Chairman and Chief Executive Officer <br> (Principal Executive Officer) |
| \* <br>Elodie Tilmant  | Chief Accounting Officer (Principal Financial and Accounting Officer), Director  |
| \* <br>Gwénola Jan  | Director |
| /s/ Denis Toulouse <br>Denis Toulouse  | Director |
| \* <br>Jeanine Wai  | Authorized Representative in the United States |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; By: <br>/s/ Denis Toulouse <br>Denis Toulouse  | Attorney-in-fact |

---

------

[**TABLE OF CONTENTS**](#TOC)

#### SIGNATURES OF TOTALENERGIES CAPITAL USA, LLC
Pursuant to the requirements of the Securities Act of 1933, as amended, TotalEnergies Capital USA, LLC certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on the Post-Effective Amendment No. 1 to the Form F-3ASR and has duly caused this amendment to the registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in Houston, USA on August 29, 2025.

---

| |
|:---|
| **TOTALENERGIES CAPITAL USA, LLC** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; By: <br>/s/ Alexander Adotevi <br>Name: <br>Alexander Adotevi <br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Title: <br>Chief Financial Officer <br>|

---

Pursuant to the requirements of the Securities Act of 1933, as amended, this Post Effective Amendment No. 1 to the Registration Statement has been signed below by the following persons in the capacities indicated on August 29, 2025.

---

| | |
|:---|:---|
| **Signature**  | **Title**  |
| \* <br>Francois Good  | Chief Executive Officer & President, Manager <br> (Principal Executive Officer) |
| /s/ Alexander Adotevi <br>Alexander Adotevi  | Chief Financial Officer, Manager <br> (Principal Financial and Accounting Officer) |
| \* <br>Denis Toulouse  | Manager |
| \* <br>Dawn Lannin  | Manager |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; By: <br>/s/ Alexander Adotevi <br>Alexander Adotevi  | Attorney-in-fact |

---

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[**TABLE OF CONTENTS**](#TOC)

#### SIGNATURES OF TOTALENERGIES CAPITAL INTERNATIONAL
Pursuant to the requirements of the Securities Act of 1933, as amended, TotalEnergies Capital International certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on the Post-Effective Amendment No. 1 to the Form F-3ASR and has duly caused this amendment to the registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in Paris, France on August 29, 2025.

---

| |
|:---|
| **TOTALENERGIES CAPITAL INTERNATIONAL**  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; By: <br>/s/ Denis Toulouse <br>Name: <br>Denis Toulouse <br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Title: <br>Director <br>|

---

Pursuant to the requirements of the Securities Act of 1933, as amended, this Post Effective Amendment No. 1 to the Registration Statement has been signed below by the following persons in the capacities indicated on August 29, 2025.

---

| | |
|:---|:---|
| **Signature**  | **Title**  |
| \* <br>Gwénola Jan  | Chairman and Chief Executive Officer <br> (Principal Executive Officer) |
| \* <br>Elodie Tilmant  | Chief Accounting Officer (Principal Financial and Accounting Officer), Director  |
| /s/ Frédéric Agnès <br>Frédéric Agnès  | Director |
| /s/ Denis Toulouse <br>Denis Toulouse  | Director |
| \* <br>Jeanine Wai  | Authorized Representative in the United States |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; By: <br>/s/ Denis Toulouse <br>Denis Toulouse  | Attorney-in-fact |

---

------

## Exhibit 1.3

**Exhibit 1.3**

**PURCHASE AGREEMENT**

TotalEnergies Capital USA, LLC<br> 1201 Louisiana Street

Suite 1800

Houston, Texas 77002

United States

TotalEnergies SE<br> 2, Place Jean Millier<br> La Défense 6,<br> 92400 Courbevoie<br> France

Ladies and Gentlemen:

The underwriter(s) named in Schedule I hereto (such underwriter(s) being herein called the "**Reselling Purchaser**(s)") understand(s) that TotalEnergies Capital USA, LLC (the "**Company**") and TotalEnergies SE (the "**Guarantor**") propose to issue and sell the debt securities of the Company specified in Schedule V hereto (the "**Offered Securities**"). Subject to the terms and conditions set forth or incorporated by reference herein, the Company agrees to sell, and each Reselling Purchaser(s) [severally] agrees to purchase, the aggregate principal amount of the Offered Securities set forth opposite [its] [each Reselling Purchaser's] name in Schedule I hereto at [●]% of their principal amount plus accrued interest, if any, from [●], [●] to the date of payment and delivery.

The Reselling Purchaser(s) will pay for such Offered Securities upon delivery thereof at the offices of White & Case LLP, 1221 Avenue of the Americas, New York, New York 10020-1095 or through the facilities of The Depository Trust Company at 10:00 A.M. (New York time) on [●], [●] (the "**Closing Date**"), or at such other time as shall be agreed upon between us.

Unless otherwise expressly specified herein, all of the provisions contained in the document entitled TotalEnergies Capital USA, LLC Purchase Agreement Standard Provisions (2024 Edition) (the "**Standard Provisions**") attached as Annex A hereto are herein incorporated by reference in their entirety and shall be deemed to be a part of this Agreement to the same extent as if such provisions had been set forth in full herein. Unless otherwise defined herein, terms defined in the Standard Provisions are used herein as therein defined. Schedule II(a) hereto lists each Permitted Free Writing Prospectus agreed pursuant to Article V(a) of the Standard Provisions and Schedule II(b) hereto lists any additional documents incorporated by reference that were filed with the Commission subsequent to the Commission's close of business on the business day immediately prior to the date of the execution of this Agreement. Schedule III hereto lists the selling restrictions applicable to the distribution and sale of the Offered Securities. Schedule IV lists all documents that the Company, the Guarantor and the Reselling Purchaser(s) agree are to be included in the Pricing Disclosure Package. The final term sheet prepared in accordance with Article V(c) of the Standard Provisions is attached hereto as Schedule V.

The obligation (f) in Article (VI) of the Standard Provisions is hereby amended and replaced with the following:

(f) Since the date of the Purchase Agreement, no downgrading shall have occurred in the rating accorded the
Company's debt securities by any "nationally recognized statistical rating organization" as such term is defined under
Section 3(a)(62) under the Exchange Act, and no such organization shall have publicly announced that it has under surveillance or
review, with possible negative implications, its rating of any of the Company's debt securities.

[**MiFID II Product Governance:**

Solely for the purposes of the requirements of Article 9(8) of the MiFID Product Governance rules under Commission Delegated Directive (EU) 2017/593 (the "**MiFID II Product Governance Rules**") regarding the mutual responsibilities of manufacturers under the MiFID II Product Governance Rules:

(a) each of the Company and [ *Managers who are deemed to be MiFID II manufacturers* ] (each an "**EU Manufacturer**" and together the "**EU Manufacturers**") acknowledges to each other EU Manufacturer that it understands
the responsibilities conferred upon it under the MiFID II Product Governance Rules relating to each of the product approval process,
the target market and the proposed distribution channels as applying to the Offered Securities and the related information set out in
the Base Prospectus in connection with the Offered Securities; and

(b) [ *Managers who are not EU Manufacturers* ] note the application of the MiFID II Product Governance
Rules and acknowledge the target market and distribution channels identified as applying to the Offered Securities by the EU Manufacturers
and the related information set out in the Base Prospectus in connection with the Offered Securities.]

**[UK MIFIR Product Governance:**

Solely for the purposes of the requirements of 3.2.7R of the FCA Handbook Product Intervention and Product Governance Sourcebook Article 9(8) of the MIFID Product Governance rules under Commission Delegated Directive (EU) 2017/593 (the "**UK MiFIR Product Governance Rules**") regarding the mutual responsibilities of manufacturers under the UK MiFIR Product Governance Rules:

(a) each of [ *Managers who are deemed to be UK Manufacturers* ] (each a "**UK Manufacturer** "
and together the "**UK Manufacturers**") acknowledges to each other UK Manufacturer that it understands the responsibilities
conferred upon it under the UK MiFIR Product Governance Rules relating to each of the product approval process, the target market
and the proposed distribution channels as applying to the Offered Securities and the related information set out in the Base Prospectus
in connection with the Offered Securities; and

(b) each of the Issuer and [ *Managers who are not UK Manufacturers* ] note the application of the UK MiFIR
Product Governance Rules and acknowledge the target market and distribution channels identified as applying to the Offered Securities
by the UK Manufacturers and the related information set out in the Base Prospectus in connection with the Offered Securities.]

**Recognition of the U.S. Special Resolution Regimes:**

(a) In the event that any Reselling Purchaser that is a Covered Entity becomes subject to a proceeding under
a U.S. Special Resolution Regime (as defined below), the transfer from such Reselling Purchaser of this Agreement, and any interest and
obligation in or under this Agreement, will be effective to the same extent as the transfer would be effective under the U.S. Special
Resolution Regime if this Agreement, and any such interest and obligation, were governed by the laws of the United States or a state of
the United States.

(b) In the event that any Reselling Purchaser that is a Covered Entity (as defined below) or a BHC Act Affiliate
(as defined below) of such Reselling Purchaser becomes subject to a proceeding under a U.S. Special Resolution Regime, Default Rights
(as defined below) under this Agreement that may be exercised against such Agent are permitted to be exercised to no greater extent than
such Default Rights could be exercised under the U.S. Special Resolution Regime if this Agreement were governed by the laws of the United
States or a state of the United States.

"**BHC Act Affiliate**" has the meaning assigned to the term "affiliate" in, and shall be interpreted in accordance with, 12 U.S.C. § 1841(k).

"**Covered Entity**" means any of the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) a "covered entity" as that term is defined in, and interpreted in accordance with, 12 C.F.R.
 § 252.82(b);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) a "covered bank" as that term is defined in, and interpreted in accordance with, 12 C.F.R.
 § 47.3(b); or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) a "covered FSI" as that term is defined in, and interpreted in accordance with, 12 C.F.R.
 § 382.2(b).

**"Default Right**" has the meaning assigned to that term in, and shall be interpreted in accordance with, 12 C.F.R. §§ 252.81, 47.2 or 382.1, as applicable.

"**U.S. Special Resolution Regime**" means each of (i) the Federal Deposit Insurance Act, as amended and the regulations promulgated thereunder and (ii) Title II of the Dodd-Frank Wall Street Reform and Consumer Protection Act, as amended and the regulations promulgated thereunder.

**Bail-In or Loss Absorption Powers:**

Notwithstanding and to the exclusion of any other provision of this Agreement or any other agreements, arrangements or understandings, in the event that a Reselling Purchaser (each a "**BRRD Party**", and together the "**BRRD Parties**") becomes subject to the exercise of Bail-in Powers under an applicable Bail-in Legislation, each of the other BRRD Parties, the Company and the Guarantor acknowledge and accept that a BRRD Liability arising under this Agreement may be subject to the exercise of Bail-in Powers by the Relevant Resolution Authority, and acknowledges, accepts and agrees to be bound by:

(a) the effect of the exercise of such powers in relation to any BRRD Liability of such BRRD Party arising
under this Agreement that (without limitation) may include and result in any of the following, or some combination thereof:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) the reduction of all, or a portion, of the BRRD Liability or outstanding amounts due thereon;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) the conversion of all, or a portion, of the BRRD Liability into shares, other securities, or other obligations
of such BRRD Party or another person (and the issue to or conferral on the other BRRD Parties of such shares, securities or obligations),
including by means of an amendment, modification or variation of the terms of this Agreement;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) the cancellation of the BRRD Liability;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv) the amendment or alteration of the amounts due in relation to the BRRD Liability, including any interest,
if applicable, thereon, or the dates on which any payments are due, including by suspending payment for a temporary period;

(b) the variation of the terms of this Agreement, as deemed necessary by the Relevant Resolution Authority,
to give effect to the exercise of such Bail-in Powers by the Relevant Resolution Authority.

For purposes of this Agreement:

"**Bail-in Legislation**" means in relation to the UK or a member state of the EEA which has implemented, or which at any time implements, the BRRD, the relevant implementing law, regulation, rule or requirement as described in the EU Bail-in Legislation Schedule from time to time, or Part I of the UK Banking Act 2009 and any other law, regulation, rule or requirement applicable from time to time in the UK relating to the resolution of unsound or failing banks, investment firms or other financial institutions or their affiliates (otherwise than through liquidation, administration or other insolvency proceedings).

"**Bail-in Powers**" means any Write-down and Conversion Powers as defined in relation to the relevant Bail-in Legislation.

"**BRRD**" means Directive 2014/59/EU establishing a framework for the recovery and resolution of credit institutions and investment firms, as amended, including by Directive 2019/879/EU of May 20, 2019.

"**EEA**" means the European Economic Area.

"**EU Bail-in Legislation Schedule**" means the document described as such, then in effect, and published by the Loan Market Association (or any successor person) from time to time at http://www.lma.eu.com/.

"**BRRD Liability**" has the same meaning as in such laws, regulations, rules or requirements implementing the BRRD under the applicable Bail-in Legislation.

"**Relevant Resolution Authority**" means the resolution authority with the ability to exercise any Bail-in Powers in relation to the Relevant BRRD Party.

"**UK**" means the United Kingdom.

"**Write-down and Conversion Powers**" means the powers under the Bail-In Legislation to cancel, transfer or dilute shares issued by a person that is a bank or investment firm or affiliate of a bank or investment firm, to cancel, reduce, modify or change the form of a liability of such a person or any contract or instrument under which that liability arises, to convert all or part of that liability into shares, securities or obligations of that person or any other person, to provide that any such contract or instrument is to have effect as if a right had been exercised under it or to suspend any obligation in respect of that liability.

For purposes of this Agreement and the Standard Provisions, the "**Applicable Time**" is [●]:[●] [A./P.]M. New York time on the date hereof.

[All provisions of this Agreement, including those incorporated by reference, that require that notices or documents be furnished to each "Purchaser" or "Reselling Purchaser", or that each "Purchaser" or "Reselling Purchaser" provide its authorization or consent, shall be deemed to have been satisfied if such notices or documents are furnished to, or such consent or authorization is provided by, [Lead Manager(s)], on behalf of each "Purchaser" or "Reselling Purchaser".]***[To be used in the event of a syndicated offering.***]

This Agreement may be executed in two or more counterparts, each of which shall be deemed an original and all of which together shall constitute one instrument. Delivery of this Agreement by one party to the other may be made by facsimile, electronic mail (including any electronic signature complying with the New York Electronic Signatures and Records Act (N.Y. State Tech. §§ 301-309), as amended from time to time, or other applicable law) or other transmission method, and the parties hereto agree that any counterpart so delivered shall be deemed to have been duly and validly delivered and be valid and effective for all purposes.

IN WITNESS WHEREOF, the parties hereto have, by duly authorized directors, officers or attorneys-in-fact, executed this Agreement as of the date first above written.

---

| |
|:---|
| TOTALENERGIES CAPITAL USA, LLC |
| By: |
| Name: |
| Title: |
| TOTALENERGIES SE |
| By: |
| Name: |
| Title: |

---

<u> [RESELLING PURCHASER(S)] </u> <br>   <u> [Reselling Purchaser(s)] </u>

SCHEDULE I TO PURCHASE AGREEMENT

---

| | |
|:---|:---|
| **Reselling Purchaser** | &nbsp;&nbsp;**Principal Amount of<br> Offered Securities** |
| **[●]** | $&nbsp;&nbsp;**[●]** |
| **Total** | $&nbsp;&nbsp;**[●]** |

---

SC I

SCHEDULE II TO PURCHASE AGREEMENT

(a) Permitted Free Writing Prospectuses agreed pursuant to Article V(a) of the Standard Provisions

*Issuer Free Writing Prospectuses*

*Final Term Sheet attached to the* Purchase Agreement as Schedule V

[●]

(b) Additional documents incorporated by reference

[●]

SC II

SCHEDULE III TO PURCHASE AGREEMENT

**Selling Restrictions**

***European Economic Area***

Each Reselling Purchaser hereby represents and agrees that it has not offered, sold or otherwise made available, and will not offer, sell or otherwise make available, any Offered Securities to any retail investor in the European Economic Area ("**EEA**"). For the purposes of this provision:

(a) the expression "retail investor" means a person who is one (or more) of the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) a retail client as defined in point (11) of Article 4(1) of Directive 2014/65/EU (as amended,
 "**MiFID II** "); or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) a customer within the meaning of Directive 2016/97/EU (as amended, the "**Insurance Distribution Directive** "), where that customer would not qualify as a professional client as defined in point (10) of Article 4(1) of
MiFID II; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) not a qualified investor as defined in Regulation (EU) 2017/1129 (as amended, the "**Prospectus Regulation** "); and

(b) the expression "offer" includes the communication in any form and by any means of sufficient information on the terms
of the offer and the Offered Securities so as to enable an investor to decide to purchase or subscribe the Offered Securities.

This EEA selling restriction is in addition to the other selling restrictions set out below.

No key information document required by Regulation (EU) No 1286/2014 (the "**PRIIPs Regulation**") for offering or selling any in-scope instruments or otherwise making them available to retail investors in the EEA has been prepared. Offering or selling the Offered Securities or otherwise making them available to any retail investor in the EEA may be unlawful.

***France***

The Reselling Purchaser(s) agree(s) that the Offered Securities are being issued outside of France.

Each Reselling Purchaser hereby represents, warrants and agrees that it has not offered or sold and will not offer or sell, directly or indirectly, the Offered Securities to the public in France (*offre au public de titres financiers*), and neither the prospectus supplement nor any offering or marketing materials relating to the Offered Securities may be made available or distributed in any way that would constitute, directly or indirectly, an offer to the public in France. The Offered Securities shall only be offered or sold in France to qualified investors (*investisseurs qualifiés*) within the meaning of Article 2(e) of Regulation (EU) 2017/1129, as amended (the "**Prospectus Regulation**"), and in accordance with Articles L. 411-1 and L. 411-2 of the French *Code Monétaire et Financier*.

***United Kingdom***

Each Reselling Purchaser has represented and agreed that it has not offered, sold or otherwise made available and will not offer, sell or otherwise make available any Offered Securities to any retail investor in the United Kingdom. For the purposes of this provision:

(a) the expression "**retail investor**" means a person who is one (or more) of the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) a retail client, as defined in point (8) of Article 2 of Regulation (EU) No 2017/565 as it forms
part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ()"**EUWA** "); or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) a customer within the meaning of the provisions of the Financial Services and Markets Act 2000 (the "**FSMA** ")
and any rules or regulations made under the FSMA to implement Directive (EU) 2016/97, where that customer would not qualify as a
professional client, as defined in point (8) of Article 2(1) of Regulation (EU) No 600/2014 as it forms part of UK domestic
law by virtue of the EUWA; or

SC III -1

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) not a qualified investor as defined in Article 2 of Regulation (EU) 2017/1129 as it forms part of
UK domestic law by virtue of the EUWA; and

(b) the expression an "offer" includes the communication in any form and by any means of sufficient information on the terms
of the offer and the Offered Securities to be offered so as to enable an investor to decide to purchase or subscribe for the Offered Securities.

Each Reselling Purchaser hereby represents, warrants and agrees that:

(a) it has only communicated or caused to be communicated and will only communicate or cause to be communicated an invitation or inducement
to engage in investment activity (within the meaning of Section 21 of the FSMA) received by it in connection with the issue or sale
of any Offered Securities in circumstances in which Section 21(1) of the FSMA does not apply to the Company or the Guarantor;
and

(b) it has complied and will comply with all applicable provisions of the FSMA with respect to anything done by it in relation to any
Offered Securities in, from or otherwise involving the United Kingdom.

***Canada***

Each Reselling Purchaser hereby represents, warrants and agrees that:

(a) any offer, sale or distribution of the Offered Securities in Canada has and will be made only to only to purchasers that are "accredited
investors" (as such term is defined in section 1.1 of National Instrument 45-106 *Prospectus Exemptions* ()"**NI 45-106** ")
or, in Ontario, as such term is defined in section 73.3(1) of the *Securities Act* (Ontario)), that are also "permitted
clients" (as such term is defined in section 1.1 of National Instrument 31-103 *Registration Requirements, Exemptions and Ongoing Registrant Obligations*), that are purchasing as principal, or are deemed to be purchasing as principal in accordance with applicable
Canadian securities laws, and that are not a person created or used solely to purchase or hold Offered Securities as an "accredited
investor" as described in paragraph (m) of the definition of "accredited investor" in section 1.1 of NI 45-106;

(b) either (I) it is appropriately registered under applicable Canadian securities laws in each relevant province or territory to
sell and deliver the Offered Securities, (II) such sale and delivery will be made through an affiliate of it that is so registered
if the affiliate is registered in a category that permits such sale and has agreed to make such sale and delivery in compliance with the
representations, warranties and agreements set out herein, or (III) it is relying on an exemption from the dealer registration requirements
under applicable Canadian securities laws and has complied with the requirements of that exemption; and

(c) it has not and will not distribute or deliver the prospectus supplement, or any other offering material in connection with any offering
of the Offered Securities, in Canada or to a resident of Canada or to any person subject to the securities laws of any province or territory
of Canada, other than in compliance with applicable Canadian securities laws.

***Hong Kong***

Each Reselling Purchaser (i) has not offered or sold and will not offer or sell in Hong Kong, by means of any document, any Offered Securities other than (a) to "professional investors" as defined in the Securities and Futures Ordinance (Cap. 571) of Hong Kong (the "**SFO**") and any rules made under that Ordinance; or (b) in other circumstances which do not result in the document being a "prospectus" as defined in the Companies (Winding Up and Miscellaneous Provisions) Ordinance (Cap. 32) of Hong Kong or which do not constitute an offer to the public within the meaning of that Ordinance; and (ii) has not issued or had in its possession for the purposes of issue, and will not issue or have in its possession for the purposes of issue, whether in Hong Kong or elsewhere, any advertisement, invitation or document relating to the Offered Securities, which is directed at, or the contents of which are likely to be accessed or read by, the public of Hong Kong (except if permitted to do so under the securities laws of Hong Kong) other than with respect to the Offered Securities which are or are intended to be disposed of only to persons outside Hong Kong or only to "professional investors" as defined in the SFO and any rules made under that Ordinance.

SC III -2

***Japan***

The Offered Securities have not been and will not be registered under the Financial Instruments and Exchange Act Law of Japan (Act no. 25 of 1948, as amended, the "**FIEA**"), and each Reselling Purchaser has represented and agreed that it has not, directly or indirectly, offered or sold and will not, directly or indirectly, offer or sell the Offered Securities in Japan or to, or for the benefit of, any "resident" of Japan (as defined under Item 5, Paragraph 1, Article 6 of the Foreign Exchange and Foreign Trade Control Law no. 228 of 1949, as amended), or to others for re-offering or resale, directly or indirectly, in Japan or to or for the benefit of any resident in Japan, except pursuant to an exemption from the registration requirements of, and otherwise in compliance with, the FIEA and any other applicable laws, regulations and ministerial guidelines of Japan.

***Singapore***

Each Reselling Purchaser has acknowledged that the prospectus supplement and the accompanying prospectus have not been registered as a prospectus with the Monetary Authority of Singapore. Accordingly, each Reselling Purchaser has represented and agreed that it has not offered or sold any Offered Securities or caused the Offered Securities to be made the subject of an invitation for subscription or purchase and will not offer or sell any Offered Securities or cause the Offered Securities to be made the subject of an invitation for subscription or purchase, and has not circulated or distributed, nor will it circulate or distribute, the prospectus supplement and the accompanying prospectus or any other document or material in connection with the offer or sale, or invitation for subscription or purchase, of the Offered Securities, whether directly or indirectly, to any person in Singapore other than (i) to an institutional investor (as defined in Section 4A of the Securities and Futures Act 2001 of Singapore, as modified or amended from time to time (the "**SFA**")) pursuant to Section 274 of the SFA, (ii) to a relevant person (as defined in Section 275(2) of the SFA) pursuant to Section 275(1) of the SFA, or any person pursuant to Section 275(1A) of the SFA, and in accordance with the conditions specified in Section 275 of the SFA or (iii) otherwise pursuant to, and in accordance with the conditions of, any other applicable provision of the SFA.

Where the Offered Securities are subscribed or purchased under Section 275 of the SFA by a relevant person which is:

(a) a corporation (which is not an accredited investor (as defined in Section 4A of
the SFA)) the sole business of which is to hold investments and the entire share capital of which is owned by one or more individuals,
each of whom is an accredited investor; or

(b) a trust (where the trustee is not an accredited investor) whose sole purpose is to hold investments and each beneficiary of the trust
is an individual who is an accredited investor, securities or securities-based derivatives contracts (each term as defined in Section 2(1) of
the SFA) of that corporation or the beneficiaries' rights and interest (howsoever described) in that trust shall not be transferred
within six months after that corporation or that trust has acquired the Offered Securities pursuant to an offer made under Section 275
of the SFA except:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) to an institutional investor or to a relevant person, or to any
person arising from an offer referred to in Section 275(1A) or Section 276(4)(c)(ii) of
the SFA;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) where no consideration is or will be given for the transfer;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3) where the transfer is by operation of law;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4) as specified in Section 276(7) of the SFA; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5) as specified in Regulation 37A of the Securities and Futures (Offers of Investments (Securities and Securities- based
Derivatives Contracts) Regulations 2018.

**Singapore Securities and Futures Act Product Classification –** Solely for the purposes of its obligations pursuant to sections 309B(1)(a) and 309B(1)(c) of the SFA the issuer of the Offered Securities has determined, and hereby notifies all relevant persons (as defined in Section 309A of the SFA) that the Offered Securities are "prescribed capital markets products" (as defined in the Securities and Futures (Capital Markets Products) Regulations 2018) and Excluded Investment Products (as defined in MAS Notice SFA 04-N12: Notice on the Sale of Investment Products and MAS Notice FAA-N16: Notice on Recommendations on Investment Products).

SC III -3

***Switzerland***

The prospectus supplement is not intended to constitute an offer or solicitation to purchase or invest in the Offered Securities. The Offered Securities may not be publicly offered, sold or marketed, directly or indirectly, in or into Switzerland within the meaning of the Swiss Financial Services Act ("**FinSA**"), except to any investor that qualifies as a professional client within the meaning of the FinSA, and no application has or will be made to admit the Offered Securities to trading on any trading venue (exchange or multilateral trading facility) in Switzerland. Neither the prospectus supplement nor any other offering or marketing material relating to the Offered Securities constitutes a prospectus or a KID (or an equivalent document) as such terms are understood pursuant to the FinSA, and neither the prospectus supplement nor any other offering or marketing material relating to the Offered Securities may be publicly distributed or otherwise made publicly available in Switzerland, except to any investor that qualifies as a professional client within the meaning of the FinSA.

Neither the prospectus supplement nor any other marketing or offering material relating to the Offered Securities has been or will be filed with, or reviewed or approved by, a Swiss review body, and does not comply with the disclosure requirements applicable to a prospectus within the meaning of the FinSA.

***Taiwan***

The Offered Securities have not been and will not be registered or filed with, or approved by, the Financial Supervisory Commission of Taiwan, the Republic of China ("**Taiwan**"), pursuant to relevant securities laws and regulations and may not be offered or sold in Taiwan through a public offering or in any manner which would constitute an offer within the meaning of the Securities and Exchange Act of Taiwan or would otherwise require registration or filing with or the approval of the Financial Supervisory Commission of Taiwan. No person or entity in Taiwan has been authorized to offer, sell, give advice regarding or otherwise intermediate the offering and sale of the Offered Securities in Taiwan.

***Dubai International Financial Centre***

Each Reselling Purchaser has represented and agreed that it has not offered and will not offer the Offered Securities to be issued to any person in the Dubai International Financial Centre unless such offer is:

(a) an "Exempt Offer" in accordance with the Markets Rules (MKT) Module of the Dubai Financial Services Authority (the
 "**DFSA**") rulebook; and

(b) made only to persons who meet the Professional Client criteria set out in Rule 2.3.3 of the Conduct of Business (COB) Module
of the DFSA rulebook and who are not a natural person.

***Abu Dhabi Global Market***

Each Reselling Purchaser has represented and agreed that it has not offered and will not offer the Offered Securities to be issued to any person in the Abu Dhabi Global Market unless such offer is:

(a) an "Exempt Offer" in accordance with the Markets Rules of the Financial Services Regulatory Authority (the "**FSRA** ");

(b) made only to persons who are Authorised Persons or Recognised Bodies (as such terms are defined in the FSRA Financial Services and
Markets Regulation 2015 ()"**FSMR** ")) or persons to whom an invitation or inducement to engage in investment activity (within
the meaning of section 18 of FSMR) in connection with the issue or sale of any securities may otherwise lawfully be communicated or caused
to be communicated; and

(c) made only to persons who meet the Professional Client criteria set out in Rule 2.4.1 of the FSRA Conduct of Business Rules.

SC III -4

***South Korea***

The Offered Securities have not been and will not be registered for public offering under the Financial Investments Services and Capital Markets Act of Korea (the "**FSCMA**"). Accordingly, each Reselling Purchaser represents and agrees that (i) the number of residents in Korea (as defined in the Foreign Exchange Transactions Law of Korea ("**FETL**") and its Enforcement Decree) and persons in Korea to whom the Offered Securities have been and will be offered shall be fewer than 50 (as calculated in accordance with the Enforcement Decree of the FSCMA), and (ii) the number of Offered Securities (where, for this purpose, the minimum specified denomination of the Offered Securities, as specified in the Prospectus Supplement, shall constitute one Offered Security) offered in Korea or to a resident in Korea shall be fewer than 50. Furthermore, the Offered Securities shall not be divided or redenominated within one year from the issuance. Except for the Offered Securities offered in Korea or to a resident in Korea in accordance with the aforementioned restriction, none of the Offered Securities may be offered, sold and delivered directly or indirectly, or offered or sold to any person for re-offering or resale, directly or indirectly, in Korea or to any resident of Korea within one year from the issuance of the Offered Securities, except pursuant to the applicable laws and regulations of Korea. Furthermore, the purchaser of the Offered Securities shall comply with all applicable regulatory requirements (including but not limited to requirements under the FETL) in connection with the purchase of the Offered Securities.

***[Add other selling restrictions, if appropriate.]***

SC III -5

SCHEDULE IV TO PURCHASE AGREEMENT

**Pricing Disclosure Package**

Pricing Prospectus

Final Term Sheet attached to the Purchase Agreement as Schedule V

[●]

SC IV

SCHEDULE V TO PURCHASE AGREEMENT

**Final Term Sheet**

**TotalEnergies Capital USA, LLC<br> (jurisdiction: United States)<br> (A wholly-owned subsidiary of TotalEnergies SE)<br> *$*[●] [●]% Guaranteed Notes Due [●]**

**Guaranteed on an unsecured, unsubordinated basis by TotalEnergies SE**

---

| | |
|:---|:---|
| Issuer | TotalEnergies Capital USA, LLC |
| Jurisdiction | United States |
| Guarantee | Payment of the principal of, premium, if any, and interest on the notes is guaranteed by TotalEnergies SE |
| Format | SEC-registered global notes |
| Title | $[●] [●]% Notes Due [●] (the "**Notes**") |
| Total Initial Principal Amount Being Issued | $[●] |
| Issue Price | [●]% |
| Pricing Date | [●] |
| Expected Settlement Date | [●] (T+[●]) |
| Maturity Date | [●], unless earlier redeemed |
| Day Count | [30/360] |
| Day Count Convention | Following, unadjusted |
| Business Days | New York |
| Optional Redemption Terms | Prior to [●] ([●] months prior to their maturity), make-whole call at any time at a discount rate of the Treasury Rate plus [●] basis points; par call at any time on or after [●]. |
|  | Tax call at par |
| Interest Rate | [●]% per annum |
| Benchmark Treasury | [●]% due [●] |
| Benchmark Treasury Price | [●]-[●] |
| Benchmark Treasury Yield | [●]% |
| Spread To Benchmark Treasury | [●] bps |
| Yield To Maturity | [●]% |
| Date Interest Starts Accruing | [●] |
| Interest Payment Dates | Each [●] and [●] |
| First Interest Payment Date | [●] |
| Regular Record Dates For Interest | Each [●] and [●] |
| Trustee | The Bank of New York Mellon |
| Listing |  |
| Denominations | $[●] and increments of $[●] |
| Expected Ratings Of The Notes | Moody's: [●] |
|  | Standard & Poor's: [●] |
|  | Ratings are not a recommendation to purchase, hold or sell notes, inasmuch as the ratings do not comment as to market price or suitability for a particular investor.<br> The ratings are based upon current information furnished to the rating agencies by<br> TotalEnergies Capital USA, LLC and TotalEnergies SE and information obtained by the rating agencies from other sources. The ratings are only accurate as of the date thereof and may be changed, superseded or withdrawn as a result of changes in, or unavailability of, such information, and therefore a prospective purchaser should check the current ratings before purchasing the notes. Each rating should be evaluated independently of any other rating. |

---

SC V -1

---

| | |
|:---|:---|
| CUSIP / ISIN | [●]/[●] |
| Selling Restrictions | [European Economic Area, France, United Kingdom, Canada, Hong Kong, Japan, Singapore, Switzerland, Taiwan, Dubai International Financial Centre, Abu Dhabi Global Market [,][and] South Korea [and ***Other***]] |
| Managers | [●] |

---

***[Other terms]***

***The issuer has filed a registration statement including a prospectus and a prospectus supplement with the Securities and Exchange Commission ("SEC") for the offering to which this communication relates. Before you invest, you should read the prospectus and prospectus supplement in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may obtain these documents for free by visiting EDGAR on the SEC Web site at <u>www.sec.gov</u>. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus and the prospectus supplement if you request them by calling [●] toll-free at +[●].***

SC V -2

ANNEX A TO THE PURCHASE AGREEMENT

**TotalEnergies Capital USA, LLC<br> PURCHASE AGREEMENT STANDARD PROVISIONS<br> (2024 Edition)**

From time to time, TotalEnergies Capital USA, LLC, a limited liability company organized under the laws of the State of Delaware (the "**Company**"), may enter into one or more purchase agreements (each a "**Purchase Agreement**") that provide for the sale of designated securities to the purchaser or purchasers named therein (each a "**Purchaser**"). The standard provisions set forth herein may be incorporated by reference in any such Purchase Agreement. The Purchase Agreement relating to any particular sale of Offered Securities, including the provisions incorporated therein by reference, is herein referred to as this "Agreement". Unless otherwise defined herein, terms defined in such Purchase Agreement are used herein as defined in the Purchase Agreement.

**I.** The Company proposes to issue debt securities (the "**Securities**") from time to time pursuant to the provisions of an Indenture to be entered into among the Company, TotalEnergies SE (the "**Guarantor**") and The Bank of New York Mellon, as trustee (the "**Trustee**"), on or before the Closing Date (as defined below). Pursuant to the Indenture, the Guarantor will guarantee payment of the principal of (and premium, if any) and interest on the Securities (the obligations of the Guarantor in respect of any Offered Securities is referred to as the "**Guarantee**"). The Securities may have varying designations, maturities, rates and times of payment of interest, selling prices and redemption and other terms.

**II.** If a Purchaser advises the Company and the Guarantor in the Purchase Agreement that it intends to resell the Offered Securities, the Company and the Guarantor will provide assistance as hereinafter provided. The terms of any such resale will be set forth in the Prospectus. The provisions of Articles V, VII, VIII, X and XI of this Agreement will apply only to a Purchaser advising the Company and the Guarantor in accordance with the first sentence of this Article II (a "**Reselling Purchaser**").

**III.** Payment for the Offered Securities shall be made by wire transfer or by certified or official bank check or checks payable to the order of the Company in immediately available Federal funds or in New York Clearing House funds as agreed to by the parties and at the time and place set forth in the Purchase Agreement, upon delivery to the Reselling Purchaser of the Offered Securities registered in such names and in such denominations as the Reselling Purchaser shall request in writing not less than one full business day prior to the date of delivery. The time and date of such payment and delivery with respect to the Offered Securities are herein referred to as the "**Closing Date**".

**IV.** The Company and the Guarantor jointly and severally represent and warrant to, and agree with each Purchaser, as of the date of the Purchase Agreement, that:

(a) An "automatic shelf registration statement" as defined under Rule 405 under the Securities Act of 1933, as amended (the "**Securities Act** "), on Form F-3 (File No. 333-[●]) relating to the Securities to be issued from time to time by the Company has been filed with the U.S. Securities and Exchange Commission (the "**Commission**") not earlier than three years prior to the date of the applicable Pricing Prospectus; such registration statement and any post-effective amendment thereto became effective on filing; no stop order suspending the effectiveness of such registration statement, any post-effective amendment thereto or any part thereof has been issued and no proceeding for that purpose has been initiated or, to the knowledge of the Company and the Guarantor, threatened by the Commission, and no notice of objection of the Commission to the use of such registration statement or any post-effective amendment thereto pursuant to Rule 401(g)(2) under the Securities Act has been received by either the Company or the Guarantor. For purposes of this Agreement:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) the base prospectus filed as part of such registration statement, in the form in which it has most recently
been filed with the Commission on or prior to the date of the applicable Purchase Agreement relating to the Offered Securities, is hereinafter
referred to as the "**Base Prospectus** ";

Annex A-1

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) any preliminary form of prospectus (including any preliminary prospectus supplement) relating to the Securities
filed with the Commission pursuant to Rule 424(b) under the Securities Act is hereinafter referred to as a "**Preliminary Prospectus** ";

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) the various parts of such registration statement, including all exhibits thereto (but excluding Form T-1)
and including any prospectus supplement relating to the Securities that is filed with the Commission and deemed by virtue of Rule 430B
to be part of such registration statement, each as amended at the time such part of the registration statement became effective, are hereinafter
collectively referred to as the "**Registration Statement** ";

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv) the Base Prospectus, as amended and supplemented (by any Preliminary Prospectus or otherwise) immediately
prior to the Applicable Time (as defined in the applicable Purchase Agreement with respect to the Offered Securities), is hereinafter
referred to as the "**Pricing Prospectus** ";

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(v) the form of the final prospectus relating to the Offered Securities filed with the Commission pursuant
to Rule 424(b) under the Securities Act in accordance with Article VII(a) hereof, is hereinafter referred to as the
 "**Prospectus** ";

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(vi) any reference in this Agreement to the Base Prospectus, the Pricing Prospectus, any Preliminary Prospectus
or the Prospectus shall be deemed to refer to and include the documents incorporated by reference therein pursuant to the applicable form
under the Securities Act, as of the date of such prospectus;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(vii) any reference to any amendment or supplement to the Base Prospectus, any Preliminary Prospectus or the
Prospectus shall be deemed to refer to and include any post-effective amendment to the Registration Statement, any prospectus supplement
relating to the Offered Securities filed with the Commission pursuant to Rule 424(b) under the Securities Act and any documents
filed under the Securities Exchange Act of 1934, as amended (the "**Exchange Act** "), and incorporated therein, in each
case after the date of the Base Prospectus, such Preliminary Prospectus or the Prospectus, as the case may be;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(viii) any reference to any amendment to the Registration Statement shall be deemed to refer to and include any
annual report or Form 6-K of the Guarantor filed pursuant to Section 13(a) or 15(d) of the Exchange Act after the
effective date of the Registration Statement that is incorporated by reference in the Registration Statement; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ix) the "**Applicable Time**" is the time specified as such in the applicable Purchase Agreement.

(b) No order preventing or suspending the use of any Preliminary Prospectus or any "issuer free writing
prospectus" as defined in Rule 433 under the Securities Act relating to the Securities (an "**Issuer Free Writing Prospectus** ")
has been issued by the Commission, and each Preliminary Prospectus, at the time of filing thereof, conformed in all material respects
to the requirements of the Securities Act and the Trust Indenture Act of 1939, as amended (the "**Trust Indenture Act** "),
and the rules and regulations of the Commission thereunder, and did not contain any untrue statement of a material fact or omit to
state any material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under
which they were made, not misleading; *provided, however, that* this representation and warranty shall not apply to any statements
or omissions made in reliance upon and in conformity with information furnished in writing to the Company or the Guarantor by any Reselling
Purchaser expressly for use therein.

(c) The Pricing Prospectus as supplemented by the final term sheet prepared and filed pursuant to Article V(c) hereof
and any Issuer Free Writing Prospectus listed in Schedule IV to the applicable Purchase Agreement (collectively, the "**Pricing Disclosure Package**") as of the Applicable Time, did not include any untrue statement of a material fact or omit to state any
material fact necessary in order to make the statements therein, in light of the circumstances under which they were made, not misleading;
and each Issuer Free Writing Prospectus agreed pursuant to Article V(a) hereof and listed on Schedule II(a) to the applicable
Purchase Agreement does not conflict with the information contained or incorporated by reference in the Registration Statement, the Pricing
Prospectus or the Prospectus, and each such Issuer Free Writing Prospectus, as supplemented by, and taken together with, the Pricing Disclosure
Package as of the Applicable Time, did not include any untrue statement of material fact or omit to state any material fact necessary
in order to make the statements therein, in light of the circumstances under which they were made, not misleading; and neither the Company
nor the Guarantor has used any Issuer Free Writing Prospectuses other than those listed on Schedule II(a) and Schedule IV to the
applicable Purchase Agreement; *provided, however, that* this representation and warranty shall not apply to statements or omissions
made in the Pricing Disclosure Package or an Issuer Free Writing Prospectus in reliance upon and in conformity with information furnished
in writing to the Company or the Guarantor by any Reselling Purchaser expressly for use therein.

Annex A-2

(d) The documents incorporated by reference in the Pricing Prospectus and Prospectus, when they became effective
or were filed with the Commission, as the case may be, conformed in all material respects to the requirements of the Securities Act or
the Exchange Act, as applicable, and the rules and regulations of the Commission thereunder, and none of such documents contained
an untrue statement of a material fact or omitted to state a material fact required to be stated therein or necessary to make the statements
therein, in light of the circumstances under which they were made, not misleading; and any further documents so filed and incorporated
by reference in the Prospectus or any further amendment or supplement thereto, when such documents become effective or are filed with
the Commission, as the case may be, will conform in all material respects to the requirements of the Securities Act or the Exchange Act,
as applicable, and the rules and regulations of the Commission thereunder and will not contain an untrue statement of a material
fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances
under which they were made, not misleading; *provided, however, that* this representation and warranty shall not apply to any statements
or omissions made in reliance upon and in conformity with information furnished in writing to the Company or the Guarantor by any Reselling
Purchaser expressly for use therein; and no such documents were filed with the Commission since the Commission's close of business
on the business day immediately prior to the date of the Purchase Agreement and prior to the execution of the Purchase Agreement, except
as set forth on Schedule II(b) to the Purchase Agreement.

(e) The Registration Statement conforms, and the Prospectus and any further amendments or supplements to the
Registration Statement or the Prospectus will conform, in all material respects to the requirements of the Securities Act and the Trust
Indenture Act and the rules and regulations of the Commission thereunder and do not and will not, as of the applicable effective
date as to each part of the Registration Statement and as of the applicable filing date as to the Prospectus and any amendment or supplement
thereto, contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to
make the statements therein not misleading; *provided, however, that* this representation and warranty shall not apply to any statements
or omissions made in reliance upon and in conformity with information furnished in writing to the Company or the Guarantor by any Reselling
Purchaser expressly for use therein.

(f) The Company is validly existing as a limited liability company and is in good standing under the laws
of the State of Delaware. The Guarantor is validly existing as a *societas europaea* and is in good standing under the laws of France.
Each of the Company and the Guarantor has all the requisite power and authority to execute, deliver and perform its obligations under
the Offered Securities, the Purchase Agreement, the Indenture, and in the case of the Guarantor, the Guarantee.

(g) The Guarantor has taken all necessary corporate action required by its *statuts* and by the laws
of France to authorize the execution of the Purchase Agreement, the Indenture and the Guarantee. The Company has taken all necessary action
required by its certificate of formation, limited liability company agreement and by the Limited Liability Company Act of the State of
Delaware to authorize the execution of the Purchase Agreement and the Indenture and the issuance and sale of the Offered Securities.

(h) The Purchase Agreement has been duly authorized, executed and delivered by each of the Company and the
Guarantor.

Annex A-3

(i) The Indenture, when executed and delivered, will be duly authorized, executed and delivered by each of
the Company and the Guarantor and will constitute a valid and legally binding obligation of the Company and the Guarantor, and the Indenture
has been duly qualified under the Trust Indenture Act.

(j) The Offered Securities to be issued by the Company and the Guarantee to be issued by the Guarantor have
been duly authorized, and when issued, delivered and authenticated, as provided in the Indenture, will be duly and validly issued and
will constitute legal, valid and binding obligations enforceable against the Company and the Guarantor in accordance with their terms,
subject to applicable bankruptcy, insolvency and similar laws affecting creditors' rights generally, and subject, as to enforceability,
to general principles of equity (regardless of whether enforcement is sought in a proceeding in equity or at law) and entitled to the
benefits of the Indenture.

(k) The Offered Securities to be issued by the Company will rank at least *pari passu* with all of the
Company's other unsecured and unsubordinated indebtedness. The obligations of the Guarantor in respect of the Guarantee will rank
at least *pari passu* with all other unsecured and unsubordinated indebtedness of the Guarantor.

(l) No consent, approval, authorization or order of, or filing with, any regulatory authority in the United
States of America or France is legally required for the execution of the Indenture, the issuance and sale of the Offered Securities to
the Reselling Purchasers pursuant to the Purchase Agreement or the execution of the Guarantee by the Guarantor, other than the filings
with, and the orders of, the Commission in connection with the registration of the Offered Securities and the Guarantee under the Securities
Act and the qualification of the Indenture under the Trust Indenture Act, except that the offer and sale of the Offered Securities in
certain jurisdictions may be subject to the provisions of the securities or Blue Sky laws of such jurisdictions.

(m) Neither the execution of the Purchase Agreement and the Indenture, nor the issuance of the Offered Securities
or the Guarantee, nor the fulfillment of or compliance with the terms and provisions hereof or thereof by the Company and the Guarantor,
will (i) result in the creation or imposition of any mortgage, lien, charge or encumbrance of any nature whatsoever upon any of its
properties or assets, or (ii) violate or result in a breach or a default under any of the terms of its certificate of formation,
limited liability company agreement, as applicable, and similar documents *,* any contract or instrument to which it is a party or
by which it or its property is bound, or, subject to the receipt by the Company of an order from applicable United States securities regulators
in respect of the qualification of the Trustee under the Indenture under the Limited Liability Company Act of the State of Delaware, any
law or regulation, or any order, writ, injunction or decree of any court or government instrumentality, to which it is subject or by which
it or its property is bound, which breach or default would have a material adverse effect on its condition (financial or otherwise) or
operations or its ability to perform its obligations under the Purchase Agreement, the Offered Securities, the Indenture or the Guarantee,
or the validity of the Offered Securities.

(n) Except as disclosed in the Pricing Prospectus and the Prospectus, there is no litigation or governmental
proceeding pending, or to its actual knowledge threatened, against or affecting the Guarantor or any of its subsidiaries that would result
in a material adverse change in its condition (financial or otherwise) or operations or its ability to perform its obligations under the
Purchase Agreement, the Offered Securities issued by the Company, the Indenture or, in the case of the Guarantor, the Guarantee.

(o) Neither the Company nor the Guarantor is an "investment company" within the meaning of the
Investment Company Act of 1940, as amended.

(p) The statements set forth in the Pricing Prospectus and the Prospectus under the heading "Tax Considerations",
subject to the exceptions, caveats, and limitations set forth therein, to the extent that they purport to summarize certain provisions
of the United States federal income tax law and regulations, or certain provisions of the French tax law and regulations, constitute a
fair summary of such provisions in all material respects.

(q) Except as described in the Pricing Prospectus and the Prospectus, there are no stamp, registration, issuance,
transfer or other similar taxes or duties imposed or payable in France or the United States or any political subdivision or taxing authority
thereof or therein by or on behalf of the Reselling Purchasers in connection with (A) the creation, issuance, sale and delivery of
the Offered Securities to or for the account of the Reselling Purchasers in the manner contemplated in the Purchase Agreement, (B) the
sale and delivery by the Reselling Purchasers of the Offered Securities to the purchasers thereof in connection with the distribution
of the Offered Securities in the manner contemplated in the Purchase Agreement or (C) the execution and delivery of the Purchase
Agreement and the consummation of the transactions contemplated hereby and thereby *(provided* such sale and delivery is not recorded
in a deed registered in France).

Annex A-4

(r) Payments made by the Company in respect of the Offered Securities and by the Guarantor in respect of
 the Guarantee may be made to holders of Securities that are not Shareholders of the Company without withholding or deduction for or
 on account of any taxes, duties, assessments or charges of whatever nature imposed or levied by or on behalf of the French Republic
 or any political subdivision or authority thereof or therein *provided that* payments made by the Guarantor under the Guarantee
 are not paid to a person incorporated, domiciled, established, acting through a branch or to an account opened in a non-cooperative
 State or territory within the meaning of article 238-0 A of the French tax code *(Code général des impôts)* and that such payments are made to a person or entity eligible to the provisions of a double tax treaty entered into by their tax
 residence State with France.

(s) (i) At the time of the filing of the Registration Statement, (ii) at the time of the most recent
amendment thereto for the purposes of complying with Section 10(a)(3) of the Securities Act (whether such amendment was by post-effective
amendment, incorporated report filed pursuant to Sections 13(a) or 15(d) of the Exchange Act or form of prospectus) and (iii) at
the time either of the Company or the Guarantor or any person acting on its behalf (within the meaning of, for this clause only, Rule 163(c) under
the Securities Act) made any offer relating to the Offered Securities in reliance on the exemption provided by Rule 163, each of
the Company and the Guarantor was a "well-known seasoned issuer" as defined in Rule 405 under the Securities Act, including
not having been an "ineligible issuer" as defined in Rule 405.

(t) (i) At the earliest time after the filing of the Registration Statement that the Company, the Guarantor
or another offering participant made a *bona fide* offer (within the meaning of Rule 164(h)(2) under the Securities Act)
of the Offered Securities and (ii) at the date of the Purchase Agreement, neither the Company nor the Guarantor was, nor is, an "ineligible
issuer," as defined in Rule 405 under the Securities Act.

(u) Except as otherwise disclosed in the Pricing Prospectus and the Prospectus [or as otherwise disclosed
to the Reselling Purchasers], neither the Company nor the Guarantor nor, to the best of the knowledge of the Company or the Guarantor,
any of their respective subsidiaries or their respective directors, officers acting on behalf of the Company or the Guarantor, has engaged
in any activity or conduct which would violate in any material respect the U.S. Foreign Corrupt Practices Act or any other applicable
anti-bribery or anti-corruption law or regulation, and the Company and the Guarantor have instituted and maintain policies and procedures
reasonably designed to prevent violation of such laws, regulations and rules.

(v) Except as otherwise disclosed in the Pricing Prospectus and the Prospectus [or to the Reselling Purchasers],
none of the Company, the Guarantor, or any of their respective subsidiaries or, to the best of the knowledge of the Company or the Guarantor,
any of their respective directors or officers is subject to Sanctions, and neither the Company nor the Guarantor will use the proceeds
from any offering of Offered Securities hereunder, or lend, contribute or otherwise make available such proceeds to any subsidiary, or
other person or entity, for the purpose of financing the activities of any person in a manner that would result in a violation of any
Sanctions by any party to the Purchase Agreement or any subsidiary of the Company or the Guarantor, and the Company and the Guarantor
have instituted and maintain policies and procedures reasonably designed to prevent violation of such Sanctions. "**Sanctions** "
under this provision means any economic sanctions (i) which are administered or enforced by (a) the United States, including
the Office of Foreign Assets Control of the U.S. Department of the Treasury ()"**OFAC**") or by any other U.S. state department
or agency, (b) the United Nations, (c) the European Union or any Member State thereof, or (d) the United Kingdom or His
Majesty's Treasury, and (ii) which are applicable at the relevant time the representations and warranties under this Article IV(v) are
made. It is acknowledged and agreed that none of the representations, warranties and undertakings contained in this Article (IV)(v) are
sought or given to the extent that to do so would be impermissible pursuant to Council Regulation (EC) No. 2271/96 (as amended from
time to time) (or any law or regulation implementing such Council Regulation in any member state of the European Union) or any similar
blocking or anti-boycott law of the United Kingdom, including as it forms part of United Kingdom domestic law by virtue of the European
Union (Withdrawal Act) 2018. It is acknowledged and agreed that the representations, warranties and undertakings contained in this Article (IV)(v) are
only sought by and given to any Reselling Purchaser incorporated in or organised under the laws of the Federal Republic of Germany to
the extent that to do so would not result in a violation of or a conflict with (i) the Regulation (EC) No. 2271/96 (as amended
from time to time) and (ii) the German Foreign Trade Regulation (*Außenwirtschaftsverordnung –* AWV).

Annex A-5

(w) Except as otherwise disclosed in the Pricing Prospectus and the Prospectus [or to the Reselling Purchasers],
the operations of the Company, the Guarantor and their respective subsidiaries are and have been conducted in compliance with money laundering
statutes of the applicable jurisdictions, the rules and regulations thereunder and any related or similar rules, regulations or guidelines
issued, administered or enforced by any governmental entity to the extent applicable to the Company and the Guarantor (collectively, the
 "**Money Laundering Laws**") and no action, suit or proceeding by or before any court or governmental entity, authority
or body or any arbitrator or non-governmental authority involving the Company, the Guarantor or any of their subsidiaries with respect
to the Money Laundering Laws is pending or, to the best of the Company and the Guarantor's knowledge and belief, threatened that
would result in a material adverse effect in the condition (financial or otherwise) or operations of the Guarantor and its consolidated
subsidiaries, taken as a whole.

**V.** (a) Each of the Company and the Guarantor represents and agrees that, unless it obtains the prior consent
of the Reselling Purchasers, and each Reselling Purchaser represents and agrees that, unless it obtains the prior consent of the Company
and the Guarantor, in each case except for the final term sheet prepared and filed pursuant to Article V(c) hereof, it has not
made and will not make any offer relating to the Offered Securities that would constitute an Issuer Free Writing Prospectus or that would
otherwise constitute a "free writing prospectus," as defined in Rule 405 under the Securities Act. Any such free writing
prospectus consented to by the Company, the Guarantor and the Reselling Purchasers is hereinafter referred to as a "**Permitted Free Writing Prospectus**" and, if prior to the date of the Purchase Agreement, is listed on Schedule II (a) to the Purchase
Agreement.

(b) Each of the Company and the Guarantor represents that it has complied and will comply with the requirements
of Rules 164 and 433 under the Securities Act applicable to any Issuer Free Writing Prospectus, including timely filing with the
Commission (or retention where required) and legending.

(c) The Company and the Guarantor will prepare a final term sheet relating to the Offered Securities (attached
to the Purchase Agreement as Schedule V), containing only information that describes the final terms of the Offered Securities and otherwise
in a form consented to by the Reselling Purchasers, and will file such final term sheet within the period required by Rule 433(d)(5)(ii) under
the Securities Act following the date such final terms have been established for the offering of the Offered Securities. Any such final
term sheet is an Issuer Free Writing Prospectus and a Permitted Free Writing Prospectus for purposes of this Agreement. Each of the Company
and the Guarantor consents to the use by any Reselling Purchaser of a free writing prospectus that contains substantially only (i) information
describing the preliminary terms of the Offered Securities or their offering or (ii) information that describes the final terms of
the Offered Securities or their offering and that is included in the final term sheet of the Company and the Guarantor contemplated in
the first sentence of this subsection (including, for purposes of subsections (i) and (ii), any such information that is transmitted
via Bloomberg screen notice).

(d) If at any time following issuance of an Issuer Free Writing Prospectus there occurred or occurs an event
or development as a result of which such Issuer Free Writing Prospectus conflicted or would conflict with the information then contained
in the Registration Statement, the Pricing Prospectus or the Prospectus or included or would include an untrue statement of a material
fact or omitted or would omit to state a material fact necessary in order to make the statements therein, in light of the circumstances
then prevailing, not misleading, (i) the Company or the Guarantor has promptly notified or will promptly notify the Reselling Purchasers
and (ii) the Company or the Guarantor has promptly amended or will promptly amend or supplement such Issuer Free Writing Prospectus
to eliminate or correct such conflict, untrue statement or omission; *provided, however, that* this provision shall not apply to
statements in or omissions from any Issuer Free Writing Prospectus in reliance upon and in conformity with information furnished to the
Company or the Guarantor in writing by any Reselling Purchaser expressly for use therein.

Annex A-6

**VI.** The obligations of each Purchaser hereunder are subject to the following conditions:

(a) No stop order suspending the effectiveness of the Registration Statement or of any part thereof shall
be in effect, and no proceedings for such purpose shall be pending before or threatened by the Commission; no notice of objection of the
Commission to the use of the Registration Statement or any post-effective amendment thereto pursuant to Rule 401(g)(2) under
the Securities Act shall have been received; there shall have been no material adverse change in the condition of the Guarantor and its
subsidiaries taken as a whole, except as set forth in the Registration Statement, the Pricing Prospectus and the Prospectus; and the Reselling
Purchaser shall have received, on the Closing Date, certificates dated the Closing Date and signed by officers of the Company and the
Guarantor or other duly authorized persons, to the foregoing effect and to the effect that the representations and warranties of the Company
and the Guarantor are true and correct as of the Closing Date. The officers or other persons making such certificates may each rely upon
the best of their knowledge as to proceedings pending or threatened. The final term sheet contemplated by Article V(c) hereof,
and any other material required to be filed by the Company and/or the Guarantor pursuant to Rule 433(d) under the Securities
Act, shall have been filed with the Commission within the applicable time periods prescribed for such filings by Rule 433 under the
Securities Act.

(b) The Reselling Purchaser shall have received on the Closing Date an opinion or opinions of the Legal Director,
Project & Corporate Finance of the Guarantor or other counsel reasonably satisfactory to the Reselling Purchaser, as to certain
matters of French, New York and United States federal law, dated the Closing Date, in form and substance reasonably satisfactory to the
Reselling Purchaser.

(c) The Reselling Purchaser shall have received on the Closing Date an opinion in respect of the Company of
the Legal Director, Project & Corporate Finance of the Guarantor or other counsel reasonably satisfactory to the Reselling Purchaser,
dated the Closing Date, in form and substance reasonably satisfactory to the Reselling Purchaser.

(d) The Reselling Purchaser shall have received on the Closing Date an opinion of counsel and disclosure letter
from counsel for the Reselling Purchaser, dated the Closing Date, in form and substance reasonably satisfactory to the Reselling Purchaser.

(e) The Reselling Purchaser shall have received on each of the date of pricing of Offered Securities and the
Closing Date a letter from the independent auditors for the Guarantor, dated the date of pricing of Offered Securities and the Closing
Date, respectively, to the effect set forth in Exhibit A hereto.

(f) Since the date of the Purchase Agreement, no downgrading shall have occurred in the rating accorded the
Company's debt securities by any "nationally recognized statistical rating organization" as that term is defined by
the Commission for purposes of Rule 436(g)(2) under the Securities Act, and no such organization shall have publicly announced
that it has under surveillance or review, with possible negative implications, its rating of any of the Company's debt securities.

(g) On or prior to the Closing Date, the Company shall have furnished to the Reselling Purchaser such further
available information and certificates as the Reselling Purchaser may reasonably request.

**VII.** In further consideration of the agreements contained herein of any Reselling Purchaser, the Company and the Guarantor covenant to such Reselling Purchaser as follows:

(a) To prepare and file the Prospectus with the Commission pursuant to and in accordance with Rule 424(b) under
the Securities Act not later than the Commission's close of business on the second business day following the date of the Purchase
Agreement or, if applicable, such earlier time as may be required by Rule 424(b); to make no further amendment or any supplement
to the Registration Statement, the Base Prospectus, the Pricing Prospectus or the Prospectus after the date of the applicable Purchase
Agreement and prior to the Closing Date which shall have been reasonably disapproved by the Reselling Purchasers promptly after reasonable
notice thereof (which notice the Company and the Guarantor undertake to provide); to advise the Reselling Purchasers, promptly after they
receive notice thereof, of the time when any amendment to the Registration Statement has been filed or becomes effective or any amendment
or supplement to the Prospectus has been filed and to furnish to any Reselling Purchaser with copies thereof; to file promptly all reports
required to be filed by the Company or the Guarantor with the Commission pursuant to Sections 13(a) or 15(d) of the Exchange
Act subsequent to the date of the Prospectus and for so long as the delivery of a prospectus (or in lieu thereof, the notice referred
to in Rule 173(a) under the Securities Act) is required in connection with the offering or sale of the Offered Securities, and
during such same period to advise the Reselling Purchasers, promptly after the Company or the Guarantor receives notice thereof, of the
time when any amendment to the Registration Statement has been filed or becomes effective or any amendment or supplement to the Prospectus
has been filed with the Commission, of the issuance by the Commission of any stop order or of any order preventing or suspending the use
of any prospectus or free writing prospectus relating to the Offered Securities, of the suspension of the qualification of such Offered
Securities for offering or sale in any jurisdiction, of the initiation or threatening of any proceeding for any such purpose, or of any
request by the Commission for the amending or supplementing of the Registration Statement or Prospectus or for additional information,
and in the event of the issuance of any such stop order or of any such order preventing or suspending the use of any prospectus or free
writing prospectus relating to the Offered Securities or suspending any such qualification, to promptly use its best efforts to obtain
the withdrawal of such order.

Annex A-7

(b) To furnish the Reselling Purchasers with copies of the Prospectus, as amended or supplemented, in such
quantities as the Reselling Purchasers may reasonably request, and, if the delivery of a prospectus (or in lieu thereof, the notice referred
to in Rule 173(a) under the Securities Act) is required at any time in connection with the offering or sale of the Offered Securities
and if at such time any event shall have occurred as a result of which the Prospectus as then amended or supplemented would include an
untrue statement of a material fact or omit to state any material fact necessary in order to make the statements therein, in light of
the circumstances under which they were made when such Prospectus (or in lieu thereof, the notice referred to in Rule 173(a) under
the Securities Act) is delivered, not misleading, or, if for any other reason it shall be necessary during such same period to amend or
supplement the Prospectus or to file under the Exchange Act any document incorporated by reference in the Prospectus in order to comply
with the Securities Act, the Exchange Act and the Trust Indenture Act, to notify the Reselling Purchasers and upon their request to file
such document and to prepare and furnish to each Reselling Purchaser and to any dealer in securities as many copies as the Reselling Purchasers
may from time to time reasonably request of an amended Prospectus or a supplement to the Prospectus which will correct such statement
or omission or effect such compliance.

(c) To qualify the Offered Securities for offer and sale under the securities or Blue Sky laws of such jurisdictions
in the United States of America as the Reselling Purchaser shall reasonably request and to pay all expenses (including fees and disbursements
of counsel) in connection with such qualification and in connection with the determination of the eligibility of the Offered Securities
for investment under the laws of such jurisdictions in the United States of America as the Reselling Purchaser may designate.

(d) During the period beginning on the date of this Agreement and terminating after the number of days, if
any, indicated under "Restriction on Additional Sales" in the Purchase Agreement, not to offer, sell, contract to sell or
otherwise dispose of any debt securities of the Company substantially similar to the Offered Securities, without the prior written consent
of the Reselling Purchaser.

(e) If there occurs an event or development as a result of which the Pricing Disclosure Package would include
an untrue statement of a material fact or would omit to state a material fact necessary in order to make the statements therein, in light
of the circumstances then prevailing, not misleading, to notify promptly the Reselling Purchaser so that any use of the Pricing Disclosure
Package may cease until it is amended or supplemented.

**VIII.** The Company and the Guarantor jointly and severally agree to indemnify and hold harmless each Reselling Purchaser and each person, if any, who controls such Reselling Purchaser within the meaning of either Section 15 of the Securities Act or Section 20 of the Exchange Act, from and against any and all losses, claims, damages and liabilities caused by any untrue statement or alleged untrue statement of a material fact contained in the Registration Statement, the Base Prospectus, any Preliminary Prospectus, the Pricing Prospectus, the Prospectus and any Issuer Free Writing Prospectus (if used within the period set forth in paragraph (c) of Article VII hereof and as amended or supplemented if the Company or the Guarantor shall have furnished any amendments or supplements thereto), or caused by any omission or alleged omission to state therein a material fact required to be stated therein or necessary to make the statements therein not misleading, except insofar as such losses, claims, damages or liabilities are caused by any such untrue statement or omission or alleged untrue statement or omission based upon information furnished in writing to the Company or the Guarantor by any Reselling Purchaser expressly for use therein.

Annex A-8

Each Reselling Purchaser severally agrees to indemnify and hold harmless the Company and the Guarantor, their directors, their officers who sign the Registration Statement and any person controlling the Company or the Guarantor to the same extent as the foregoing indemnity from the Company and the Guarantor to each Reselling Purchaser, but only with reference to information relating to such Reselling Purchaser furnished in writing by such Reselling Purchaser expressly for use in the Registration Statement, the Base Prospectus, any Preliminary Prospectus, the Pricing Prospectus, the Prospectus or any Issuer Free Writing Prospectus.

In case any proceeding (including any governmental investigation) shall be instituted involving any person in respect of which indemnity may be sought pursuant to either of the two preceding paragraphs, such other person (the "**indemnified party**") shall promptly notify the person or persons against whom such indemnity may be sought (the "**indemnifying party**") in writing and the indemnifying party, upon request of the indemnified party, shall retain counsel reasonably satisfactory to the indemnified party to represent the indemnified party and any others the indemnifying party may designate in such proceeding and shall pay the fees and disbursements of such counsel related to such proceeding. In any such proceeding, any indemnified party shall have the right to retain its own counsel, but the fees and expenses of such counsel shall be at the expense of such indemnified party unless (i) the indemnifying party and the indemnified party shall have mutually agreed to the retention of such counsel or (ii) the named parties to any such proceeding (including any impleaded parties) include both the indemnifying party and the indemnified party and representation of both parties by the same counsel would be inappropriate due to actual or potential differing interests between them. It is understood that the indemnifying party shall not, in connection with any proceeding or related proceedings in the same jurisdiction, be liable for the reasonable fees and expenses of more than one separate firm for all such indemnified parties. Such firm shall be designated in writing by the Reselling Purchaser in the case of parties indemnified pursuant to the second preceding paragraph and by the Company or the Guarantor in the case of parties indemnified pursuant to the first preceding paragraph. The indemnifying party shall not be liable for any settlement of any proceeding effected without its written consent but if settled with such consent or if there be a final judgment for the plaintiff, the indemnifying party agrees to indemnify the indemnified party from and against any loss or liability by reason of such settlement or judgment.

If the indemnification provided for in this Article VIII is unavailable to an indemnified party other than as a result of the proviso to the first paragraph of Article VIII or insufficient in respect of any losses, claims, damages or liabilities referred to therein, then each indemnifying party, in lieu of indemnifying such indemnified party, shall contribute to the amount paid or payable by such indemnified party as a result of such losses, claims, damages or liabilities (i) in such proportion as is appropriate to reflect the relative benefits received by the Company and the Guarantor on the one hand and the Reselling Purchaser on the other from the offering of the Offered Securities or (ii) if the allocation provided by clause (i) above is not permitted by applicable law, in such proportion as is appropriate to reflect not only the relative benefits referred to in clause (i) above but also the relative fault of the Company and the Guarantor on the one hand and of the Reselling Purchaser on the other in connection with the statements or omissions which resulted in such losses, claims, damages or liabilities, as well as any other relevant equitable considerations. The relative benefits received by the Company and the Guarantor on the one hand and the Reselling Purchaser on the other in connection with the offering of the Offered Securities shall be deemed to be in the same proportion as the total net proceeds from the offering of such Offered Securities (before deducting expenses) received by the Company bear to the total commissions, if any, received by the Reselling Purchaser in respect thereof. If there are no commissions allowed or paid by the Company or the Guarantor to the Reselling Purchaser in respect of the Offered Securities, the relative benefits received by the Reselling Purchaser in the preceding sentence shall be the difference between the price received by such Reselling Purchaser upon resale of the Offered Securities and the price paid for such Offered Securities pursuant to the Purchase Agreement. The relative fault of the Company and the Guarantor on the one hand and of the Reselling Purchaser on the other shall be determined by reference to, among other things, whether the untrue or alleged untrue statement of a material fact or the omission or alleged omission to state a material fact relates to information supplied by the Company or the Guarantor or by the Reselling Purchaser and the parties' relative intent, knowledge, access to information and opportunity to correct or prevent such statement or omission.

Annex A-9

The Company, the Guarantor and the Reselling Purchaser agree that it would not be just and equitable if contribution pursuant to this Article VIII were determined by *pro rata* allocation or by any other method of allocation which does not take account of the considerations referred to in the immediately preceding paragraph. The amount paid or payable by an indemnified party as a result of the losses, claims, damages and liabilities referred to in the immediately preceding paragraph shall be deemed to include, subject to the limitations set forth above, any legal or other expenses reasonably incurred by such indemnified party in connection with investigating or defending any such action or claim. Notwithstanding the provisions of this Article VIII, no Reselling Purchaser shall be required to contribute any amount in excess of the amount by which the total price at which the Offered Securities resold to the public by such Reselling Purchaser were offered to the public exceeds the amount of any damages which such Reselling Purchaser has otherwise been required to pay by reason of such untrue or alleged untrue statement or omission or alleged omission. No person guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) shall be entitled to contribution from any person who was not guilty of such fraudulent misrepresentation.

The indemnity and contribution agreements contained in this Article VIII and the representations and warranties of the Company and the Guarantor in this Agreement shall remain operative and in full force and effect regardless of (i) any termination of this Agreement, (ii) any investigation made by any Reselling Purchaser or on behalf of any Reselling Purchaser or any person controlling any Reselling Purchaser and (iii) acceptance of and payment for any of the Offered Securities.

Each of the Company and the Guarantor agrees that any legal suit, action or proceeding brought by any Reselling Purchaser to enforce the indemnity and contribution agreements contained in this Article VIII (or otherwise to enforce this Agreement in respect of a matter resulting from a third-party claim), may be instituted in any state or Federal court in the Borough of Manhattan, The City of New York, New York, United States of America, waives, to the extent it may effectively do so, any objection which it may have now or hereafter to the laying of the venue of any such suit, action or proceeding, and irrevocably submits to the jurisdiction of any such court in any such suit, action or proceeding. Each of the Company and the Guarantor has designated and appointed Corporation Service Company (or any successor corporation) as the authorized agent of each of the Company and the Guarantor to accept and acknowledge on its behalf service of any and all process which may be served in any such suit, action or proceeding in any such court and agrees that service of process upon said agent at its office at 19 West 44th Street, Suite 200 New York, NY 10036 (or such other address in the Borough of Manhattan, The City of New York, as the Company or the Guarantor, as applicable, may designate by written notice to you), shall be deemed in every respect effective service of process upon the Company or the Guarantor, as applicable, in any such suit, action or proceeding and shall be taken and held to be valid personal service upon the Company or the Guarantor, as applicable, whether or not the Company or the Guarantor, as applicable, shall then be doing, or at any time shall have done, business within the State of New York, and any such service of process shall be of the same force and validity as if service were made upon it according to the laws governing the validity and requirements of such service in such State, and waives all claim of error by reason of any such service. Said designation and appointment shall be irrevocable until the principal of and interest on the Offered Securities and all other sums owing by the Company or the Guarantor to holders of the Offered Securities in accordance with the provisions of the Offered Securities and the Indenture have been paid in full by the Company or the Guarantor in accordance with the provisions thereof. Each of the Company and the Guarantor agrees to take all action as may be necessary to continue the designation and appointment of Corporation Service Company or any successor corporation in full force and effect so that the Guarantor shall at all times have an agent for service of process for the above purposes in the Borough of Manhattan, The City of New York, New York, United States of America.

**IX.** Any payments to any Purchaser hereunder (each Purchaser is hereinafter referred to in this Article IX as a "**Payee**") shall be in United States dollars and shall be payable free and clear of, and without deduction or withholding for, or on account of, any and all present or future taxes, duties, assessments, levies and other governmental charges of any nature whatsoever now or hereafter imposed, levied, collected, withheld or assessed by or on behalf of France or any other jurisdiction from which such payments are made, or any territory or political subdivision thereof, unless such deduction or withholding is required by law ("**Foreign Taxes**"). If by operation of law or otherwise, Foreign Taxes are required to be deducted or withheld from any amounts payable to a Payee, the Company or the Guarantor, as the case may be, agrees to pay such additional amounts to each Payee (the "**Additional Amounts**") as may be necessary to ensure that the net amount actually received by the Payee, after deduction of any Foreign Taxes imposed with respect to the payment of such Additional Amounts, shall equal the amount the Payee would have received if Foreign Taxes had not been deducted or withheld from such payment and to the extent that such payments (i) are made to non-French tax resident persons that (x) are resident of a jurisdiction that has entered into a tax treaty with France containing a "Business Profits" clause similar to the "Business Profits" clause contained in the OECD Model Tax Convention on Income and on Capital and are fully entitled to the benefits of such treaty and (y) are neither incorporated, domiciled or, acting through a branch in a non-cooperative State or territory within the meaning of article 238-0 A of the French tax code (*Code général des impôts*) as amended from time to time (a "**Non-Cooperative State**") and (ii) are not made and will not be made to an account held with a financial institution established in a Non-Cooperative State; *provided*, *however*, *that* no Additional Amounts shall be so payable for or on account of: (i) any Foreign Taxes which would not have been imposed but for the fact that any Payee had a present or former personal or business connection with France or any other jurisdiction from which payments are made, or any territory or political subdivision thereof other than the mere ownership of, or receipt of payment under, the Offered Securities; (ii) any estate, inheritance, gift, sale, transfer, personal property or similar tax, assessment or other governmental charge; (iii) any Foreign Taxes which are payable otherwise than by withholding or deduction or (iv) any Foreign Taxes due to the lack of cooperation of the relevant Payee in completing any procedural formalities necessary for the Company or the Guarantor to obtain authorisation to make that payment without a Foreign Taxes or with Foreign Taxes computed at a reduced rate. Any payments to any Payee shall be considered exclusive of any value added or similar taxes. Where the Company is obliged to pay value added or similar tax on any amount payable hereunder to a Payee, the Company shall in addition to the sum payable hereunder pay an amount equal to any applicable value added or similar tax.

The Company and the Guarantor, jointly and severally, agree to indemnify each Purchaser against any loss incurred by any such Purchaser as a result of any judgment or order being given or made for any amount due hereunder and such judgment or order being expressed and paid in a currency (the "**Judgment Currency**") other than United States dollars and as a result of any variation as between (i) the rate of exchange at which the United States dollar amount is converted into the Judgment Currency for the purpose of such judgment or order, and (ii) the rate of exchange at which such Purchaser upon receipt of the Judgment Currency could have purchased United States dollars with the amount of Judgment Currency actually received by such Purchaser. The foregoing indemnity shall constitute a separate and independent obligation of the Company and the Guarantor, and shall continue in full force and effect notwithstanding any such judgment or order as aforesaid. The term "rate of exchange" shall include any premiums and costs of exchange payable in connection with the purchase of, or conversion into, the relevant currency.

Annex A-10

**X.** This Agreement shall be subject to termination in the absolute discretion of any Reselling Purchaser, by notice given to the Company and the Guarantor, if prior to the Closing Date (i) trading in securities generally or trading in the Guarantor's securities on either Euronext Paris or the New York Stock Exchange shall have been suspended or materially limited, (ii) a general moratorium on commercial banking activities in New York or France shall have been declared by either Federal, New York State or French authorities or a material disruption in commercial banking or securities settlement or clearance services within the United States or the European Union shall have occurred or (iii) there shall have occurred any material outbreak or escalation of hostilities or other calamity or crisis the effect of which on the financial markets of the United States or the European Union is such as to make it, in the judgment of such Reselling Purchaser, impracticable to resell the Offered Securities.

**XI.** Without prejudice to the provisions of Article VII(d) and Article XIII hereof, the Reselling Purchasers jointly agree to pay all expenses incident to the issuance of the Offered Securities (other than fees of counsel to and the independent auditors of the Company and Guarantor related to such issuance), including but not limited to:

(a) the fees and disbursements of the counsel to the Reselling Purchasers in connection with the issuance
of the Offered Securities;

(b) the fees and expenses incurred in connection with the approval by The Depository Trust Company and other
clearing and settlement organizations for the clearance through their respective systems; and

(c) all documented out-of-pocket expenses incurred by the Reselling Purchasers.

**XII.** Notwithstanding the provisions of Article XI hereof, the Company and the Guarantor jointly agree to pay the following expenses incident to the issuance of the Offered Securities:

(a) the Commission filing fees;

(b) the fees and disbursements of counsel to and the independent auditors of the Company and the Guarantor
in connection with the issuance of the Offered Securities;

(c) the printing and delivery to the Reselling Purchasers of copies of the Prospectus and any amendment or
supplement thereto, and the preparing, printing and distributing of any Issuer Free Writing Prospectus to investors or prospective investors;
and

(d) the costs of the Trustee in connection with the issuance of the Offered Securities including the reasonable
fees and disbursements of counsel for the Trustee.

**XIII.** If this Agreement shall be terminated by the Reselling Purchaser(s) because of any failure or refusal on the part of the Company or the Guarantor to comply with the terms or to fulfill any of the conditions of this Agreement, or if for any reason the Company or the Guarantor shall be unable to perform its obligations under this Agreement, the Company or the Guarantor will reimburse the Reselling Purchaser(s) for all out-of-pocket expenses (including the fees and disbursements of counsel) reasonably incurred by such Purchaser(s) in connection with the Offered Securities.

This Agreement may be signed in any number of counterparts, each of which shall be an original, with the same effect as if the signatures thereto and hereto were upon the same instrument.

This Agreement shall be governed by and construed in accordance with the laws of the State of New York.

The Company and the Guarantor each acknowledge and agree that (a) the purchase and sale of the Offered Securities pursuant to this Agreement is an arm's-length commercial transaction between the Company and the Guarantor, on the one hand, and the several Reselling Purchasers, on the other, (b) in connection therewith and with the process leading to such transaction each Reselling Purchaser is acting solely as a principal and not the agent or fiduciary of the Company or the Guarantor and (c) no Reselling Purchaser has assumed a fiduciary responsibility in favor of the Company or the Guarantor with respect to the offering contemplated hereby or the process leading thereto (irrespective of whether such Reselling Purchaser has advised or is currently advising the Company or the Guarantor on other matters) or any other obligation to the Company or the Guarantor except the obligations expressly set forth in this Agreement. The Company and the Guarantor each agree that it will not claim that the Reselling Purchasers, or any of them, owes a fiduciary or similar duty to the Company or the Guarantor in connection with such transaction or the process leading thereto.

Annex A-11

**EXHIBIT A**

**LETTER OF INDEPENDENT AUDITORS**

The letter of the independent auditors for the Company, to be delivered pursuant to Article VI, paragraph (e) of the document entitled Purchase Agreement Standard Provisions (2024 Edition) (the "**Standard Provisions**") shall be to the effect that:

(i) Such auditors are independent registered public accounting firms with respect to the Company within the
meaning of the Securities Act of 1933, as amended, and the applicable rules and regulations thereunder adopted by the Securities
and Exchange Commission ()"**SEC**") and the Public Company Accounting Oversight Board (United States) ()"**PCAOB** ").

(ii) In the opinion of such auditors, the consolidated financial statements included in the Annual Report on
Form 20-F of the Company most recently filed with the SEC comply as to form in all material respects with the applicable accounting
requirements of the Securities Act of 1933, as amended, and the Securities Exchange Act of 1934, as amended, and the published rules and
regulations thereunder.

(iii) If applicable, nothing came to the attention of such auditors, as a result of performing the procedures
specified by the PCAOB for a review of interim financial information as described in PCAOB AS 4105 *Review of Interim Financial Information,* and other specified procedures not constituting an audit, that caused them to believe that the unaudited interim condensed consolidated
financial statements of the Company, if any, incorporated by reference into the Registration Statement, do not comply as to form in all
material respects with the applicable accounting requirements of the Securities Act of 1933, as amended, and the applicable published
rules and regulations thereunder, or that any material modifications should be made to such unaudited interim condensed consolidated
financial statements, for them to be in conformity with International Accounting Standard 34 as issued by the International Accounting
Standards Board, the standard of IFRS applicable to interim financial reporting.

(iv) Nothing came to the attention of such auditors, as a result of making certain inquiries of Company officials,
and conducting certain other procedures referred to in the letter, that caused them to believe that there was any increase or decrease
in certain financial statement items of the Company, except in all instances for increases or decreases that the Registration Statement
discloses have occurred or may occur, as compared to the amounts shown on the consolidated financial statements mentioned in (ii) or
(iii) above (as applicable), provided the letter is issued less than 135 days from the date of such financial statements.

If 135 days or more have elapsed from the date of the most recent audited consolidated financial statements or the most recent unaudited condensed consolidated financial statements with respect to which the auditors have performed the procedures specified by the PCAOB for a review of interim financial information, the letter of the independent auditors shall refer to statements made by the Company's management as to item (iv) above.

(v) Such auditors have performed other procedures that are customary for auditors' comfort letters in
registered debt offerings as required by the Reselling Purchaser(s).

Exhibit A-1

## Exhibit 4.4

**Exhibit 4.4**

**TotalEnergies Capital USA, LLC**

***Company***

**AND**

**TOTALENERGIES SE, *Guarantor***

**TO**

**The Bank of New York Mellon, *Trustee***

**Indenture**

***Dated as of ______,* 20*___***

 ****

 ****

**TotalEnergies Capital USA, LLC**

**and**

**TOTALENERGIES SE, to**

**The Bank of New York Mellon**

**Indenture, dated as of ______, 20___**

Reference is made to the following provisions of the Trust Indenture Act of 1939, as amended, which establish certain duties and responsibilities of the Company and the Trustee which may not be set forth fully in this Indenture:

---

| | |
|:---|:---|
| **Section** | **Subject** |
| 310(b) | Disqualifications of Trustee for conflicting interest |
| 311 | Preferential collection of claims of Trustee as creditor of Company |
| 312(a) | Periodic filing of information by Company with Trustee |
| 312(b) | Access of Securityholders to information |
| 313(a) | Annual report of Trustee to Securityholders |
| 313(b) | Additional reports of Trustee to Securityholders |
| 314(a) | Reports by Company, including annual compliance certificate |
| 314(c) | Evidence of compliance with conditions precedent |
| 315(a) | Duties of Trustee prior to default |
| 315(b) | Notice of default from Trustee to Securityholders |
| 315(c) | Duties of Trustee in case of default |
| 315(d) | Provisions relating to responsibility of Trustee |
| 315(e) | Assessment of costs against litigating Securityholders in certain circumstances |
| 316(a) | Directions and waivers by Securityholders in certain circumstances |
| 316(b) | Prohibition of impairment of right of Securityholders to payment |
| 316(c) | Right of Company to set record date for certain purposes |
| 317(a) | Special powers of Trustee |
| 318(a) | Provisions of Act to control in case of conflict |

---

**TotalEnergies Capital USA, LLC**

**and**

**TOTALENERGIES SE, to**

**The Bank of New York Mellon**

**Reconciliation and tie between Trust Indenture Act of 1939 and**

**Indenture, dated as of ________, 20__**

---

| | |
|:---|:---|
| **Trust Indenture<br> Act Section** | **Indenture Section** |
| §310(a)(1) | 609 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)(2) | 609 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)(3) | Not Applicable |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)(4) | Not Applicable |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)(5) | 609 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) | 608 |
|  | 610 |
| §311(a) | 613 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) | 613 |
| §312(a) | 701 |
|  | 702 (a) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) | 702 (b) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) | 702 (c) |
| §313(a) | 703 (a) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) | 703 (b) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) | 703 (a) |
|  | 703 (b) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) | 703 (c) |
| §314(a)(1)(2) and (3) | 704 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)(4) | 1008 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) | Not Applicable |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)(1) | 102 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)(2) | 102 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)(3) | Not Applicable |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) | Not Applicable |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) | 102 |
| §315(a) | 601 (a) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) | 602 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) | 601 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) | 601 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d)(1) | 601 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d)(2) | 601 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d)(3) | 601 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) | 514 |
| §316(a) | 101 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)(1)(A) | 502 |
|  | 512 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)(1)(B) | 513 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)(2) | Not Applicable |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) | 507 and 508 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) | 513 |
| §317(a)(1) | 503 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)(2) | 504 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) | 1006 |
| §318(a) | 107 |

---

**NOTE: This reconciliation and tie shall not, for any purpose, be deemed to be a part of the Indenture.**

**TABLE OF CONTENTS**

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;**<u>PAGE</u>** | &nbsp;&nbsp;&nbsp;**<u>PAGE</u>** |
| Article One DEFINITIONS AND OTHER PROVISIONS OF GENERAL APPLICATION | &nbsp;&nbsp;&nbsp;1 |
| &nbsp;&nbsp;&nbsp;Section 101. Definitions | &nbsp;&nbsp;&nbsp;1 |
| &nbsp;&nbsp;&nbsp;Section 102. Compliance Certificates and Opinions | &nbsp;&nbsp;&nbsp;5 |
| &nbsp;&nbsp;&nbsp;Section 103. Form of Documents Delivered to Trustee | &nbsp;&nbsp;&nbsp;5 |
| &nbsp;&nbsp;&nbsp;Section 104. Acts of Holders | &nbsp;&nbsp;&nbsp;6 |
| &nbsp;&nbsp;&nbsp;Section 105. Notices, Etc., to Trustee, Company and Guarantor | &nbsp;&nbsp;&nbsp;6 |
| &nbsp;&nbsp;&nbsp;Section 106. Notice to Holders; Waiver | &nbsp;&nbsp;&nbsp;7 |
| &nbsp;&nbsp;&nbsp;Section 107. Conflict with Trust Indenture Act | &nbsp;&nbsp;&nbsp;7 |
| &nbsp;&nbsp;&nbsp;Section 108. Effect of Headings and **Table of Contents** | &nbsp;&nbsp;&nbsp;7 |
| &nbsp;&nbsp;&nbsp;Section 109. Successors and Assigns | &nbsp;&nbsp;&nbsp;7 |
| &nbsp;&nbsp;&nbsp;Section 110. Separability Clause | &nbsp;&nbsp;&nbsp;7 |
| &nbsp;&nbsp;&nbsp;Section 111. Benefits of Indenture | &nbsp;&nbsp;&nbsp;7 |
| &nbsp;&nbsp;&nbsp;Section 112. Governing Law | &nbsp;&nbsp;&nbsp;8 |
| &nbsp;&nbsp;&nbsp;Section 113. Legal Holidays | &nbsp;&nbsp;&nbsp;8 |
| &nbsp;&nbsp;&nbsp;Section 114. Submission to Jurisdiction | &nbsp;&nbsp;&nbsp;8 |
| &nbsp;&nbsp;&nbsp;Section 115. Waiver of Jury Trial | &nbsp;&nbsp;&nbsp;9 |
| Article Two SECURITY AND GUARANTEE FORMS | &nbsp;&nbsp;&nbsp;9 |
| &nbsp;&nbsp;&nbsp;Section 201. Forms Generally | &nbsp;&nbsp;&nbsp;9 |
| &nbsp;&nbsp;&nbsp;Section 202. Form of Face of Security | &nbsp;&nbsp;&nbsp;9 |
| &nbsp;&nbsp;&nbsp;Section 203. Form of Reverse of Security | &nbsp;&nbsp;&nbsp;11 |
| &nbsp;&nbsp;&nbsp;Section 204. Form of Trustee's Certificate of Authentication | &nbsp;&nbsp;&nbsp;14 |
| &nbsp;&nbsp;&nbsp;Section 205. Guarantee by Guarantor; Text of Guarantee | &nbsp;&nbsp;&nbsp;14 |
| &nbsp;&nbsp;&nbsp;Section 206. Form of Legend for Global Securities | &nbsp;&nbsp;&nbsp;16 |
| Article Three THE SECURITIES | 17 |
| &nbsp;&nbsp;&nbsp;Section 301. Amount Unlimited; Issuable in Series | &nbsp;&nbsp;&nbsp;17 |
| &nbsp;&nbsp;&nbsp;Section 302. Denominations | &nbsp;&nbsp;&nbsp;18 |
| &nbsp;&nbsp;&nbsp;Section 303. Execution, Authentication, Delivery and Dating | &nbsp;&nbsp;&nbsp;18 |
| &nbsp;&nbsp;&nbsp;Section 304. Temporary Securities | &nbsp;&nbsp;&nbsp;19 |
| &nbsp;&nbsp;&nbsp;Section 305. Registration, Registration of Transfer and Exchange | &nbsp;&nbsp;&nbsp;19 |
| &nbsp;&nbsp;&nbsp;Section 306. Mutilated, Destroyed, Lost and Stolen Securities | &nbsp;&nbsp;&nbsp;20 |
| &nbsp;&nbsp;&nbsp;Section 307. Payment of Interest; Interest Rights Preserved | &nbsp;&nbsp;&nbsp;21 |
| &nbsp;&nbsp;&nbsp;Section 308. Persons Deemed Owners | &nbsp;&nbsp;&nbsp;22 |
| &nbsp;&nbsp;&nbsp;Section 309. Cancellation | &nbsp;&nbsp;&nbsp;22 |
| &nbsp;&nbsp;&nbsp;Section 310. Computation of Interest | &nbsp;&nbsp;&nbsp;22 |
| &nbsp;&nbsp;&nbsp;Section 311. Payment to Be in Proper Currency; Conversion of Judgment Currency | &nbsp;&nbsp;&nbsp;22 |
| Article Four SATISFACTION AND DISCHARGE | 23 |
| &nbsp;&nbsp;&nbsp;Section 401. Satisfaction and Discharge of Indenture | &nbsp;&nbsp;&nbsp;23 |
| &nbsp;&nbsp;&nbsp;Section 402. Application of Trust Money | &nbsp;&nbsp;&nbsp;23 |
| &nbsp;&nbsp;&nbsp;Section 403. Defeasance Upon Deposit of Moneys or U.S. Government Obligations | &nbsp;&nbsp;&nbsp;24 |
| Article Five REMEDIES | 25 |
| &nbsp;&nbsp;&nbsp;Section 501. Events of Default | &nbsp;&nbsp;&nbsp;25 |
| &nbsp;&nbsp;&nbsp;Section 502. Acceleration of Maturity; Rescission and Annulment | &nbsp;&nbsp;&nbsp;26 |
| &nbsp;&nbsp;&nbsp;Section 503. Collection of Indebtedness and Suits for Enforcement by Trustee | &nbsp;&nbsp;&nbsp;27 |
| &nbsp;&nbsp;&nbsp;Section 504. Trustee May File Proofs of Claim | &nbsp;&nbsp;&nbsp;28 |
| &nbsp;&nbsp;&nbsp;Section 505. Trustee May Enforce Claims Without Possession of Securities | &nbsp;&nbsp;&nbsp;28 |
| &nbsp;&nbsp;&nbsp;Section 506. Application of Money Collected | &nbsp;&nbsp;&nbsp;28 |
| &nbsp;&nbsp;&nbsp;Section 507. Limitation on Suits | &nbsp;&nbsp;&nbsp;28 |
| &nbsp;&nbsp;&nbsp;Section 508. Unconditional Right of Holders to Receive Principal, Premium and Interest | &nbsp;&nbsp;&nbsp;29 |
| &nbsp;&nbsp;&nbsp;Section 509. Restoration of Rights and Remedies | &nbsp;&nbsp;&nbsp;29 |
| &nbsp;&nbsp;&nbsp;Section 510. Rights and Remedies Cumulative | &nbsp;&nbsp;&nbsp;29 |
| &nbsp;&nbsp;&nbsp;Section 511. Delay or Omission Not Waiver | &nbsp;&nbsp;&nbsp;29 |
| &nbsp;&nbsp;&nbsp;Section 512. Control by Holders | &nbsp;&nbsp;&nbsp;29 |

---

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**<u>PAGE</u>** |
| &nbsp;&nbsp;&nbsp;Section 513. Waiver of Past Defaults | &nbsp;&nbsp;&nbsp;30 |
| &nbsp;&nbsp;&nbsp;Section 514. Undertaking for Costs | &nbsp;&nbsp;&nbsp;30 |
| &nbsp;&nbsp;&nbsp;Section 515. Waiver of Stay or Extension Laws | &nbsp;&nbsp;&nbsp;30 |
| Article Six THE TRUSTEE | 31 |
| &nbsp;&nbsp;&nbsp;Section 601. Certain Duties and Responsibilities | &nbsp;&nbsp;&nbsp;31 |
| &nbsp;&nbsp;&nbsp;Section 602. Notice of Defaults | &nbsp;&nbsp;&nbsp;31 |
| &nbsp;&nbsp;&nbsp;Section 603. Certain Rights of Trustee | &nbsp;&nbsp;&nbsp;31 |
| &nbsp;&nbsp;&nbsp;Section 604. Not Responsible for Recitals or Issuance of Securities | &nbsp;&nbsp;&nbsp;33 |
| &nbsp;&nbsp;&nbsp;Section 605. May Hold Securities | &nbsp;&nbsp;&nbsp;33 |
| &nbsp;&nbsp;&nbsp;Section 606. Money Held in Trust | &nbsp;&nbsp;&nbsp;33 |
| &nbsp;&nbsp;&nbsp;Section 607. Compensation and Reimbursement | &nbsp;&nbsp;&nbsp;33 |
| &nbsp;&nbsp;&nbsp;Section 608. Disqualification; Conflicting Interests | &nbsp;&nbsp;&nbsp;34 |
| &nbsp;&nbsp;&nbsp;Section 609. Corporate Trustee Required; Eligibility | &nbsp;&nbsp;&nbsp;34 |
| &nbsp;&nbsp;&nbsp;Section 610. Resignation and Removal; Appointment of Successor | &nbsp;&nbsp;&nbsp;34 |
| &nbsp;&nbsp;&nbsp;Section 611. Acceptance of Appointment by Successor | &nbsp;&nbsp;&nbsp;35 |
| &nbsp;&nbsp;&nbsp;Section 612. Merger, Consolidation or Succession to Business | &nbsp;&nbsp;&nbsp;36 |
| &nbsp;&nbsp;&nbsp;Section 613. Preferential Collection of Claims Against Company | &nbsp;&nbsp;&nbsp;36 |
| &nbsp;&nbsp;&nbsp;Section 614. Co-trustees and Separate Trustees | &nbsp;&nbsp;&nbsp;36 |
| &nbsp;&nbsp;&nbsp;Section 615. Appointment of Authenticating Agent | &nbsp;&nbsp;&nbsp;37 |
| Article Seven HOLDERS' LISTS AND REPORTS BY TRUSTEE, COMPANY AND GUARANTOR | 38 |
| &nbsp;&nbsp;&nbsp;Section 701. Company and Guarantor to Furnish Trustee Names and Addresses of Holders | &nbsp;&nbsp;&nbsp;38 |
| &nbsp;&nbsp;&nbsp;Section 702. Preservation of Information; Communications to Holders | &nbsp;&nbsp;&nbsp;38 |
| &nbsp;&nbsp;&nbsp;Section 703. Reports by Trustee | &nbsp;&nbsp;&nbsp;38 |
| &nbsp;&nbsp;&nbsp;Section 704. Reports by Company and Guarantor | &nbsp;&nbsp;&nbsp;39 |
| Article Eight CONSOLIDATION, AMALGAMATION, MERGER, CONVEYANCE, TRANSFER OR LEASE; SUBSTITUTION | 40 |
| &nbsp;&nbsp;&nbsp;Section 801. Company or Guarantor May Consolidate, Etc., Only on Certain Terms | &nbsp;&nbsp;&nbsp;40 |
| &nbsp;&nbsp;&nbsp;Section 802. Substitution of the Company on Certain Terms | &nbsp;&nbsp;&nbsp;40 |
| &nbsp;&nbsp;&nbsp;Section 803. Reserved | &nbsp;&nbsp;&nbsp;41 |
| &nbsp;&nbsp;&nbsp;Section 804. Successor Corporation Substituted | &nbsp;&nbsp;&nbsp;41 |
| Article Nine SUPPLEMENTAL INDENTURES | 41 |
| &nbsp;&nbsp;&nbsp;Section 901. Supplemental Indentures Without Consent of Holders | &nbsp;&nbsp;&nbsp;41 |
| &nbsp;&nbsp;&nbsp;Section 902. Supplemental Indentures with Consent of Holders | &nbsp;&nbsp;&nbsp;42 |
| &nbsp;&nbsp;&nbsp;Section 903. Execution of Supplemental Indentures | &nbsp;&nbsp;&nbsp;43 |
| &nbsp;&nbsp;&nbsp;Section 904. Effect of Supplemental Indentures | &nbsp;&nbsp;&nbsp;43 |
| &nbsp;&nbsp;&nbsp;Section 905. Conformity with Trust Indenture Act. | &nbsp;&nbsp;&nbsp;43 |
| &nbsp;&nbsp;&nbsp;Section 906. Reference in Securities to Supplemental Indentures | &nbsp;&nbsp;&nbsp;43 |
| Article Ten PARTICULAR COVENANTS OF COMPANY AND GUARANTOR | 43 |
| &nbsp;&nbsp;&nbsp;Section 1001. Payment of Principal, Premium and Interest by Company | &nbsp;&nbsp;&nbsp;43 |
| &nbsp;&nbsp;&nbsp;Section 1002. Maintenance of Office or Agency by Company | &nbsp;&nbsp;&nbsp;43 |
| &nbsp;&nbsp;&nbsp;Section 1003. Reserved | &nbsp;&nbsp;&nbsp;44 |
| &nbsp;&nbsp;&nbsp;Section 1004. Reserved | &nbsp;&nbsp;&nbsp;44 |
| &nbsp;&nbsp;&nbsp;Section 1005. Maintenance of Office or Agency by Guarantor | &nbsp;&nbsp;&nbsp;44 |
| &nbsp;&nbsp;&nbsp;Section 1006. Money for Securities Payments to Be Held in Trust | &nbsp;&nbsp;&nbsp;44 |
| &nbsp;&nbsp;&nbsp;Section 1007. Corporate Existence | &nbsp;&nbsp;&nbsp;45 |
| &nbsp;&nbsp;&nbsp;Section 1008. Statement by Executive Officer as to Compliance; Statement as to Default | &nbsp;&nbsp;&nbsp;45 |
| &nbsp;&nbsp;&nbsp;Section 1009. Waiver of Certain Covenants | &nbsp;&nbsp;&nbsp;45 |
| &nbsp;&nbsp;&nbsp;Section 1010. Additional Amounts | &nbsp;&nbsp;&nbsp;45 |
| Article Eleven REDEMPTION OF SECURITIES | 47 |
| &nbsp;&nbsp;&nbsp;Section 1101. Applicability of Article | &nbsp;&nbsp;&nbsp;47 |
| &nbsp;&nbsp;&nbsp;Section 1102. Election to Redeem; Notice to Trustee | &nbsp;&nbsp;&nbsp;47 |
| &nbsp;&nbsp;&nbsp;Section 1103. Selection by Trustee of Securities to Be Redeemed | &nbsp;&nbsp;&nbsp;47 |
| &nbsp;&nbsp;&nbsp;Section 1104. Notice of Redemption | &nbsp;&nbsp;&nbsp;48 |

---

---

| | |
|:---|:---|
|  | &nbsp;&nbsp;&nbsp;**<u>PAGE</u>** |
| &nbsp;&nbsp;&nbsp;Section 1105. Deposit of Redemption Price | &nbsp;&nbsp;&nbsp;48 |
| &nbsp;&nbsp;&nbsp;Section 1106. Securities Payable on Redemption Date | &nbsp;&nbsp;&nbsp;48 |
| &nbsp;&nbsp;&nbsp;Section 1107. Securities Redeemed in Part | &nbsp;&nbsp;&nbsp;49 |
| &nbsp;&nbsp;&nbsp;Section 1108. Optional Redemption Due to Changes in Tax Treatment | &nbsp;&nbsp;&nbsp;49 |
| Article Twelve SINKING FUNDS | 49 |
| &nbsp;&nbsp;&nbsp;Section 1201. Applicability of Article | &nbsp;&nbsp;&nbsp;49 |
| &nbsp;&nbsp;&nbsp;Section 1202. Satisfaction of Sinking Fund Payments with Securities | &nbsp;&nbsp;&nbsp;49 |
| &nbsp;&nbsp;&nbsp;Section 1203. Redemption of Securities for Sinking Fund | &nbsp;&nbsp;&nbsp;50 |
| Article Thirteen FATCA WITHHOLDING | 50 |
| &nbsp;&nbsp;&nbsp;Section 1301. Mutual Undertaking Regarding Information Reporting and Collection Obligations | &nbsp;&nbsp;&nbsp;50 |
| &nbsp;&nbsp;&nbsp;Section 1302. Notice of Possible Withholding Under FATCA | &nbsp;&nbsp;&nbsp;50 |
| &nbsp;&nbsp;&nbsp;Section 1303. Agent Right to Withhold | &nbsp;&nbsp;&nbsp;50 |
| &nbsp;&nbsp;&nbsp;Section 1304. Issuer Right to Redirect | &nbsp;&nbsp;&nbsp;50 |

---

**NOTE: This table of contents shall not, for any purpose, be deemed to be a part of the Indenture.**

THIS INDENTURE is dated as of ______, 20___, among TotalEnergies Capital USA, LLC, a limited liability company organized and existing under the laws of the State of Delaware (herein called the "Company"), having its principal office at 1201 Louisiana Street, Suite 1800, Houston, Texas 77002, and TotalEnergies SE, a European Company (*societas europaea* or SE) duly organized and existing under the laws of the Republic of France (herein called the "Guarantor"), having its principal office at 2, place Jean Millier, La Défense 6, 92400 Courbevoie, and The Bank of New York Mellon, a New York banking corporation, as Trustee (herein called the "Trustee") having its principal corporate trust office at 240 Greenwich Street, New York, New York 10286.

**RECITALS**

The Company has duly authorized the execution and delivery of this Indenture to provide for the issuance from time to time outside France of its unsecured debentures, notes or other evidences of indebtedness (herein called the "Securities"), to be issued in one or more series as in this Indenture provided.

The Guarantor has duly authorized the execution and delivery of this Indenture.

All things necessary to make this Indenture a valid agreement of the Company and the Guarantor, in accordance with its terms, have been done.

**NOW, THEREFORE, THIS INDENTURE WITNESSETH:**

For and in consideration of the premises and the purchase of the Securities by the Holders thereof, it is mutually covenanted and agreed, for the equal and proportionate benefit of all Holders of the Securities or of any series thereof, as follows:

**Article One<br> DEFINITIONS AND OTHER PROVISIONS<br> OF GENERAL APPLICATION**

Section 101. *Definitions.*

For all purposes of this Indenture, except as otherwise expressly provided or unless the context otherwise requires:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) the terms defined in this Article have the meanings assigned to them in this Article and include the plural as well as the singular;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) all other terms used herein which are defined in the Trust Indenture Act, either directly or by reference therein, have the meanings assigned to them therein;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3) all accounting terms not otherwise defined herein have the meanings assigned to them in accordance with International Financial Reporting Standards (IFRS); and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4) the words "herein", "hereof" and "hereunder" and other words of similar import refer to this Indenture as a whole and not to any particular Article, Section or other subdivision.

Certain terms, used principally in Article Six, are defined in that Article.

"Act", when used with respect to any Holder, has the meaning specified in Section 104.

"Affiliate" of any specified Person means any other Person directly or indirectly controlling or controlled by or under direct or indirect common control with such specified Person. For the purposes of this definition, "control", when used with respect to any specified Person means, the power to direct the management and policies of such Person, directly or indirectly, whether through the ownership of voting securities, by contract or otherwise; and the terms "controlling" and "controlled" have meanings correlative to the foregoing.

"Applicable Law" means any law or regulation.

"Authenticating Agent" means any Person authorized by the Trustee to act on behalf of the Trustee to authenticate Securities.

"Authority" means any competent regulatory, prosecuting, Tax or governmental authority in any jurisdiction.

"Board of Directors", means either the board of directors of the Guarantor, or any committee of such board authorized to act for it hereunder, as the case may be. "Board of Managers", means either the board of managers of the Company, or any committee of such board authorized to act for it hereunder, as the case may be.

"Board Resolution", when used with reference to the Company or the Guarantor, means a copy of a resolution certified by the general counsel, a deputy general counsel, the secretary or an assistant secretary of the Company or the Guarantor, as the case may be, to have been duly adopted by its Board of Managers or its Board of Director, as the case may be, and to be in full force and effect on the date of such certification, and delivered to the Trustee.

"Business Day", when used with respect to any Place of Payment, means each Monday, Tuesday, Wednesday, Thursday and Friday which is not a day on which banking or trust institutions in that Place of Payment are authorized generally or obligated by law, regulation or executive order to close.

"Code" means the U.S. Internal Revenue Code of 1986, as amended.

"Commission" means the Securities and Exchange Commission, as from time to time constituted, created under the Exchange Act, or, if at any time after the execution of this instrument such Commission is not existing and performing the duties now assigned to it under the Trust Indenture Act, then the body performing such duties at such time.

"Company" means the Person named as the "Company" in the first paragraph of this instrument until a successor corporation shall have become such pursuant to the applicable provisions of this Indenture, and thereafter "Company" shall mean such successor corporation.

"Company Request" or "Company Order" means a written request or order signed in the name of the Company or of the Guarantor, in either case by a manager or director thereof, or any other Person, duly authorized (either directly or by authorized delegation) in respect thereto attested by its general counsel, a deputy general counsel, its secretary or an assistant secretary, and delivered to the Trustee.

"Corporate Trust Office" means the office of the Trustee in London, England, at which at any particular time its corporate trust business shall be principally administered, which office at the date of execution and delivery of this instrument is located at 160 Queen Victoria Street, London EC4V 4LA, United Kingdom, Attention: Corporate Trust Administration, except that, solely for purposes of Sections 305, 1002 and 1005 hereof, with respect to an office or agency required to be maintained by the Company in each Place of Payment for any series of Securities where Securities of that series may be presented or surrendered for payment, where Securities of that series may be surrendered for registration of transfer or exchange and where notices and demands to or upon the Company in respect of the Securities of that series and this Indenture may be served, and with respect to a Place of Payment in New York, New York, the term "Corporate Trust Office" means, the office or agency of the Trustee in New York, New York at which its corporate trust or agency business shall be principally conducted, which office or agency at the date of execution and delivery of this instrument is located at 240 Greenwich Street, New York, New York 10286; Attention: Corporate Trust Administration, or, in the case of any of the foregoing offices or agency, such other address as the Trustee may designate from time to time by notice to the Company, or the principal corporate trust office of any successor Trustee (or such other address as such successor Trustee may designate from time to time by notice to the Company).

"Corporation" means a corporation, association, company, limited liability company, business trust or *société anonyme*.

"Covenant Defeasance" has the meaning set forth in Section 403.

"Defaulted Interest" has the meaning specified in Section 307.

"Depositary" means, with respect to the Securities of any series issuable or issued in whole or in part in the form of one or more Global Securities, the clearing agency registered under the Exchange Act, as amended, specified for that purpose as contemplated by Section 301.

"Discharged" has the meaning set forth in Section 403.

"Electronic Means" means the following communications methods: e-mail, secure electronic transmission containing applicable authorization codes, passwords and/or authentication keys issued by the Trustee, or another method or system specified by the Trustee as available for use in connection with its services hereunder.

"Event of Default" has the meaning specified in Section 501.

"Exchange Act" means the Securities Exchange Act of 1934 and any successor statute, in each case as amended from time to time.

"Executive Officer's Certificate" means a certificate signed by the principal executive officer, principal financial officer or principal accounting officer of the Company or the Guarantor, as the case may be.

"FATCA Withholding" means any withholding or deduction imposed or required pursuant to Sections 1471 through 1474 of the Code (or any amended or successor version that is substantively comparable), any current or future regulations or official interpretations thereof, any agreements entered into pursuant to Section 1471(b)(1) of the Code and any fiscal or regulatory legislation, rules or practices adopted pursuant to any intergovernmental agreement, treaty or convention among Authorities and implementing such Sections of the Code.

"Global Security" means a Security bearing the legend required by Section 206 evidencing all or part of a series of Securities, issued to the Depositary for such series or its nominee and registered in the name of the Depositary or its nominee.

"Guarantee" means the relevant guarantee of the Guarantor to be granted pursuant to Section 205, the text of which shall be endorsed on any Security authenticated and delivered pursuant to this Indenture.

"Guarantor" means the Person named as the "Guarantor" in the first paragraph of this Indenture until a successor corporation shall have become such pursuant to the applicable provisions of this Indenture, and thereafter "Guarantor" shall mean such successor corporation.

"Holder" means a Person in whose name a Security is registered in the Security Register.

"Indenture" means this instrument as originally executed or as it may from time to time be supplemented or amended by one or more indentures supplemental hereto entered into pursuant to the applicable provisions hereof including, for all purposes of this instrument and any such supplemental indenture, the provisions of the Trust Indenture Act that are deemed to be a part of and govern this instrument and any such supplemental indenture, respectively, and shall include the terms of particular series of Securities established as contemplated by Section 301.

"Interest", when used with respect to an Original Issue Discount Security which by its terms bears interest only after Maturity, means interest payable after Maturity.

"Interest Payment Date", when used with respect to any Security, means the Stated Maturity of an installment of interest on such Security.

"Judgment Currency" has the meaning specified in Section 311.

"Maturity", when used with respect to any Security, means the date on which the principal of such Security or an installment of principal becomes due and payable as therein or herein provided, whether at the Stated Maturity or by declaration of acceleration, call for redemption or otherwise.

"Notice of Default" means a written notice of the kind specified in Section 501(4).

"Officer's Certificate" means a certificate signed, in the case of either the Company or the Guarantor, by a manager or director thereof, or any other Person duly authorized (either directly or by authorized delegation) in respect thereto, and delivered to the Trustee. Each such Officer's Certificate shall contain the statements required by Section 314(e) of the Trust Indenture Act if applicable.

"Opinion of Counsel" means a written opinion of counsel, who may be an employee of or counsel to the Company or the Guarantor. Each such opinion shall include the statements required by Section 314(e) of the Trust Indenture Act, if applicable.

"Original Issue Discount Security" means any Security which provides for an amount less than the principal amount thereof to be due and payable upon a declaration of acceleration of the Maturity thereof pursuant to Section 502.

"Outstanding", when used with respect to Securities, means, as of the date of determination, all Securities theretofore authenticated and delivered under this Indenture, *except*:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) Securities theretofore cancelled by the Trustee or delivered to the Trustee for cancellation;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) Securities for whose payment or redemption money in the necessary amount has been theretofore deposited with the Trustee or any Paying Agent (other than the Company or the Guarantor) in trust or set aside and segregated in trust by the Company or the Guarantor (if the Company or the Guarantor shall act as Paying Agent) for the Holders of such Securities; *provided, however*, that, if such Securities are to be redeemed, notice of such redemption has been duly given pursuant to this Indenture or provision therefor satisfactory to the Trustee has been made; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) Securities which have been paid pursuant to Section 306 or in exchange for or in lieu of which other Securities have been authenticated and delivered pursuant to this Indenture, other than any such Securities in respect of which there shall have been presented to the Trustee proof satisfactory to it that such Securities are held by a bona fide purchaser in whose hands such Securities are valid obligations of the Company;

*provided*, *however*, that in determining whether the Holders of the requisite principal amount of the Outstanding Securities have given any request, demand, authorization, direction, notice, consent or waiver hereunder, (A) the principal amount of an Original Issue Discount Security that shall be deemed to be Outstanding shall be the amount of the principal thereof that would be due and payable as of the date of such determination upon acceleration of the Maturity thereof pursuant to Section 502, (B) if, as of such date, the principal amount payable at the Stated Maturity of a Security is not determinable, the principal amount of such Security which shall be deemed to be Outstanding shall be the amount as specified or determined as contemplated by Section 301, (C) the principal amount of a Security denominated in one or more foreign currencies or currency units shall be the U.S. dollar equivalent, determined in the manner provided as contemplated by Section 301 on the date of original issuance of such Security of the principal amount (or, in the case of a Security described in clause (A) or (B) above, the amount determined pursuant to such Clause) of such Security and (D) Securities owned by the Company, the Guarantor or any other obligor upon the Securities or any Affiliate of the Company or the Guarantor or of such other obligor shall be disregarded and deemed not to be Outstanding, except that, in determining whether the Trustee shall be protected in relying upon any such request, demand, authorization, direction, notice, consent or waiver, only Securities which a Responsible Officer of the Trustee actually knows to be so owned shall be so disregarded. Securities so owned which have been pledged in good faith may be regarded as Outstanding if the pledgee establishes to the satisfaction of the Trustee the pledgee's right so to act with respect to such Securities and that the pledgee is not the Company, the Guarantor or any other obligor upon the Securities or any Affiliate of the Company, the Guarantor or of such other obligor.

"Paying Agent" means any Person (which may include the Company or the Guarantor) authorized by the Company to pay the principal of (and premium, if any) or interest on any Securities on behalf of the Company.

"Person" means any individual, corporation, limited liability company, partnership, joint venture, association, joint-stock company, trust, unincorporated organization or government or any agency or political subdivision thereof.

"Place of Payment", when used with respect to the Securities of any series, means the place or places where the principal of (and premium, if any) and interest on the Securities of that series are payable as specified as contemplated by Section 301.

"Predecessor Security" of any particular Security means every previous Security evidencing all or a portion of the same debt as that evidenced by such particular Security; and, for the purposes of this definition, any Security authenticated and delivered under Section 306 in exchange for or in lieu of a mutilated, destroyed, lost or stolen Security shall be deemed to evidence the same debt as the mutilated, destroyed, lost or stolen Security.

"Pursuant to a Board Resolution" means actions or decisions taken pursuant thereto in accordance with, in the case of the Company, the Limited Liability Company Act of the State of Delaware and the Company's Limited Liability Company Agreement and, in the case of the Guarantor, Article L. 225-35 of the French Commercial Code.

"Redemption Date", when used with respect to any Security to be redeemed, means the date fixed for such redemption by or pursuant to this Indenture.

"Redemption Price", when used with respect to any Security to be redeemed, means the price at which it is to be redeemed pursuant to this Indenture.

"Regular Record Date" for the interest payable on any Interest Payment Date on the Securities of any series means the date specified for that purpose as contemplated by Section 301.

"Required Currency" has the meaning specified in Section 311.

"Responsible Officer" means, when used with respect to the Trustee, any officer of the Trustee assigned to the Corporate Trust Administration Unit (or any successor unit, department or division) of the Trustee located at the Corporate Trust Office of the Trustee who has direct responsibility for the administration of this Indenture, and, for the purposes of Sections 512(3), 601(c)(ii) and 602 hereof, shall also include any other officer of the Trustee to whom any corporate trust matter is referred because of such person's knowledge of and familiarity with the particular subject.

"Securities" has the meaning stated in the first recital of this Indenture and more particularly means any Securities that have been issued, authenticated and delivered under this Indenture.

"Security Register" and "Security Registrar" have the respective meanings specified in Section 305.

"Special Record Date" for the payment of any Defaulted Interest means a date fixed by the Trustee pursuant to Section 307.

"Stated Maturity", when used with respect to any Security or any installment of principal thereof or interest thereon, means the date specified in such Security as the fixed date on which the principal of such Security or such installment of principal or interest is due and payable.

"Subsidiary" means any corporation of which at least a majority of the outstanding stock or equity interest having by the terms thereof ordinary voting power to elect a majority of the board of managers or the board of director of such corporation (irrespective of whether or not at the time stock of any other class or classes of such corporation shall have or might have voting power by reason of the happening of any contingency) is at the time directly or indirectly owned or controlled by the Guarantor or by one or more Subsidiaries, or by the Guarantor and one or more Subsidiaries.

"Tax" means any present or future taxes, duties, assessments or governmental charges of whatever nature imposed, levied, collected, withheld or assessed by or on behalf of any Authority having power to tax.

"Trustee" means the Person named as the "Trustee" in the first paragraph of this instrument until a successor Trustee shall have become such pursuant to the applicable provisions of this Indenture, and thereafter "Trustee" shall mean or include each Person who is a Trustee hereunder, and if at any time there is more than one such Person, "Trustee", as used with respect to the Securities of any series, shall mean the Trustee with respect to Securities of that series, *provided* that the Trustee shall not be the Company, the Guarantor or any other obligor upon the Securities or any Affiliate of the Company, the Guarantor or of such other obligor.

"Trust Indenture Act" means the Trust Indenture Act of 1939, as amended by the Trust Indenture Reform Act of 1990, and as in force at the date as of which this instrument was executed, and as amended thereafter from time to time.

"U.S. Government Obligations" means securities that are (i) direct obligations of the United States of America for the payment of which its full faith and credit is pledged or (ii) obligations of an entity controlled or supervised by and acting as an agency or instrumentality of the United States of America the payment of which is unconditionally guaranteed as a full faith and credit obligation by the United States of America which, in either case under clause (i) or (ii) are not callable or redeemable at the option of the issuer thereof, and shall also include a depository receipt issued by a bank or trust company as custodian with respect to any such U.S. Government Obligation or a specific payment of interest on or principal of any such U.S. Government Obligation held by such custodian for the account of the holder of a depository receipt, *provided* that (except as required by law) such custodian is not authorized to make any deduction from the amount payable to the holder of such depository receipt from any amount received by the custodian in respect of the U.S. Government Obligation or the specific payment of interest on or principal of the U.S. Government Obligation evidenced by such depository receipt.

"Vice President", when used with respect to the Trustee, means any vice president, whether or not designated by a number or a word or words added before or after the title "vice president".

Section 102. *Compliance Certificates and Opinions.*

Upon any application or request by the Company or the Guarantor to the Trustee to take any action under any provision of this Indenture, the Company or the Guarantor shall furnish to the Trustee such certificates and opinions as may be required under the Trust Indenture Act. Each such certificate or opinion shall be given in the form of an Officer's Certificate or an Opinion of Counsel and shall comply with the requirements of the Trust Indenture Act and any other requirements set forth in this Indenture. Such an Officer's Certificate shall state that all conditions precedent, if any, provided for in this Indenture relating to the proposed action have been complied with and such Opinion of Counsel shall state that in the opinion of such counsel all such conditions precedent, if any, have been complied with, except that in the case of any such application or request as to which the furnishing of such documents is specifically required by any other provision of this Indenture relating to such particular application or request, no additional certificate or opinion need be furnished.

Every certificate or opinion with respect to compliance with a condition or covenant provided for in this Indenture (other than the certificate provided under Section 1008) hereof shall include:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) a statement that each individual signing such certificate or opinion has read such covenant or condition and the definitions herein relating thereto;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) a brief statement as to the nature and scope of the examination or investigation upon which the statements or opinions contained in such certificate or opinion are based;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3) a statement that, in the opinion of each such individual, he has made such examination or investigation as is necessary to enable him to express an informed opinion as to whether or not such covenant or condition has been complied with; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4) a statement as to whether, in the opinion of each such individual, such condition or covenant has been complied with.

Section 103. *Form of Documents Delivered to Trustee.*

In any case where several matters are required to be certified by, or covered by an opinion of, any specified Person, it is not necessary that all such matters be certified by, or covered by the opinion of, only one such Person, or that they be so certified or covered by only one document, but one such Person may certify or give an opinion with respect to some matters and one or more other such Persons as to other matters, and any such Person may certify or give an opinion as to such matters in one or several documents.

Any certificate or opinion of an officer of the Company or the Guarantor may be based, insofar as it relates to legal matters, upon a certificate or opinion of, or representations by, counsel, unless such officer knows, or in the exercise of reasonable care should know, that the certificate or opinion, or representations with respect to the matters upon which his certificate or opinion is based, are erroneous. Any such certificate or Opinion of Counsel may be based, insofar as it relates to factual matters, upon a certificate or opinion of, or representations by, an officer or officers of the Company or the Guarantor, as the case may be, stating that the information with respect to such factual matters is in the possession of the Company or the Guarantor, as the case may be, unless such counsel knows, or in the exercise of reasonable care should know, that the certificate or opinion or representations with respect to such matters are erroneous.

Where any Person is required to make, give or execute two or more applications, requests, consents, certificates, statements, opinions or other instruments under this Indenture, they may, but need not, be consolidated and form one instrument.

Section 104. *Acts of Holders.*

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Any request, demand, authorization, direction, notice, consent, waiver or other action provided or permitted by this Indenture to be given or taken by Holders may be embodied in and evidenced by one or more instruments of substantially similar tenor signed by such Holders in person or by agent duly appointed in writing; and, except as herein otherwise expressly provided, such action shall become effective when such instrument or instruments are delivered to the Trustee and, where it is hereby expressly required, to the Company and the Guarantor. Such instrument or instruments (and the action embodied therein and evidenced thereby) are herein sometimes referred to as the "Act" of the Holders signing such instrument or instrument. Proof of execution of any such instrument or of a writing appointing any such agent shall be sufficient for any purpose of this Indenture and (subject to Section 601) conclusive in favor of the Trustee, the Company and the Guarantor if made in the manner provided in this Section.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) The fact and date of the execution by any Person of any such instrument or writing may be proved by the affidavit of a witness of such execution or by a certificate of a notary public or other officer authorized by law to take acknowledgments of deeds, certifying that the individual signing such instrument or writing acknowledged to him the execution thereof. Where such execution is by a signer acting in a capacity other than his individual capacity, such certificate or affidavit shall also constitute sufficient proof of his authority. The fact and date of the execution of any such instrument or writing, or the authority of the Person executing the same, may also be proved in any other manner which the Trustee deems sufficient.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) The ownership of Securities shall be proved by the Security Register.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) Any request, demand, authorization, direction, notice, consent, waiver or other Act of the Holder of any Security shall bind every future Holder of the same Security and the Holder of every Security issued upon the registration of transfer thereof or in exchange therefor or in lieu thereof in respect of anything done, omitted or suffered to be done by the Trustee, the Company or the Guarantor in reliance thereon, whether or not notation of such action is made upon such Security.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) Without limiting the foregoing, a Holder entitled hereunder to take any action hereunder with regard to any particular Security may do so with regard to all or any part of the principal amount of such Security or by one or more duly appointed agents each of which may do so pursuant to such appointment with regard to all or any part of such principal amount.

Section 105. *Notices, Etc., to Trustee, Company and Guarantor.*

Any request, demand, authorization, direction, notice, consent, waiver or Act of Holders or other document provided or permitted by this Indenture to be made upon, given or furnished to, or filed with,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) the Trustee by any Holder, the Company or the Guarantor shall be sufficient for every purpose hereunder if made, given, furnished or filed in writing (including by Electronic Means) to or with the Trustee at its Corporate Trust Office, or at any other address previously furnished in writing to the Company and the Guarantor,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) the Company or the Guarantor by the Trustee or by any Holder shall be sufficient for every purpose hereunder (unless otherwise herein expressly provided) if made, given, furnished or filed in writing, in the case of the Company, to or with it, at the address of its principal office specified in the first paragraph of this instrument, Attention: President, or at any other address previously furnished in writing to the Trustee by the Company, with a copy to the Guarantor, and in the case of the Guarantor, to or with it at the address of its office specified in the first paragraph of this instrument, Attention: Group Treasurer, or at any other address previously furnished in writing to the Trustee by the Guarantor, with a copy to the Company, or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3) The Trustee shall have the right to accept and act upon instructions, including funds transfer instructions ("Instructions") given pursuant to this Indenture and delivered using Electronic Means; *provided*, *however*, that the Company and/or the Guarantor, as applicable, shall provide to the Trustee an incumbency certificate listing officers with the authority to provide such Instructions ("Authorized Officers") and containing specimen signatures of such Authorized Officers, which incumbency certificate shall be amended by the Company and/or the Guarantor, as applicable, whenever a person is to be added or deleted from the listing. If the Company and/or the Guarantor, as applicable, elects to give the Trustee Instructions using Electronic Means and the Trustee in its discretion elects to act upon such Instructions, the Trustee's understanding of such Instructions shall be deemed controlling. The Company and the Guarantor understand and agree that the Trustee cannot determine the identity of the actual sender of such Instructions and that the Trustee shall conclusively presume that directions that purport to have been sent by an Authorized Officer listed on the incumbency certificate provided to the Trustee have been sent by such Authorized Officer. The Company and the Guarantor shall be responsible for ensuring that only Authorized Officers transmit such Instructions to the Trustee and that the Company, the Guarantor and all Authorized Officers are solely responsible to safeguard the use and confidentiality of applicable user and authorization codes, passwords and/or authentication keys upon receipt by the Company and/or the Guarantor, as applicable. The Trustee shall not be liable for any losses, costs or expenses arising directly or indirectly from the Trustee's reliance upon and compliance with such Instructions notwithstanding such directions conflict or are inconsistent with a subsequent written instruction. The Company and the Guarantor agree: (i) to assume all risks arising out of the use of Electronic Means to submit Instructions to the Trustee, including without limitation the risk of the Trustee acting on unauthorized Instructions, and the risk of interception and misuse by third parties; (ii) that it is fully informed of the protections and risks associated with the various methods of transmitting Instructions to the Trustee and that there may be more secure methods of transmitting Instructions than the method(s) selected by the Company and/or the Guarantor, as applicable; (iii) that the security procedures (if any) to be followed in connection with its transmission of Instructions provide to it a commercially reasonable degree of protection in light of its particular needs and circumstances; and (iv) to notify the Trustee immediately upon learning of any compromise or unauthorized use of the security procedures.

Section 106. *Notice to Holders; Waiver.*

Where this Indenture provides for notice to Holders of any event, such notice shall be sufficiently given (unless otherwise herein expressly provided) if in writing and mailed, first-class postage prepaid, to each Holder affected by such event, at his address as it appears in the Security Register, not later than the latest date (if any), and not earlier than the earliest date (if any), prescribed for the giving of such notice. In any case where notice to Holders is given by mail, neither the failure to mail such notice, nor any defect in any notice so mailed, to any particular Holder shall affect the sufficiency of such notice with respect to other Holders. Where this Indenture provides for notice in any manner, such notice may be waived in writing by the Person entitled to receive such notice, either before or after the event, and such waiver shall be the equivalent of such notice. Waivers of notice by Holders shall be filed with the Trustee, but such filing shall not be a condition precedent to the validity of any action taken in reliance upon such waiver.

In case by reason of the suspension of regular mail service or by reason of any other cause it shall be impracticable to give such notice by mail, then such notification as shall be made with the approval of the Trustee shall constitute a sufficient notification for every purpose hereunder.

Section 107. *Conflict with Trust Indenture Act.*

If any provision hereof limits, qualifies or conflicts with a provision of the Trust Indenture Act that is required under such Act to be a part of and govern this Indenture, the latter provision shall control. If any provision of this Indenture modifies or excludes any provision of the Trust Indenture Act that may be so modified or excluded, the latter provision shall be deemed to apply to this Indenture as so modified or to be excluded, as the case may be.

Section 108. *Effect of Headings and **Table of Contents**.*

The Article and Section headings herein, the Reconciliation and tie between the Trust Indenture Act and this Indenture and the **Table of Contents** are for convenience only and shall not affect the construction hereof.

Section 109. *Successors and Assigns.*

All covenants and agreements in this Indenture by the Company or the Guarantor shall bind its successors and assigns, whether so expressed or not.

Section 110. *Separability Clause.*

In case any provision in this Indenture or in the Securities or in the Guarantee shall be invalid, illegal or unenforceable, the validity, legality and enforceability of the remaining provisions shall not in any way be affected or impaired thereby.

Section 111. *Benefits of Indenture.*

Nothing in this Indenture or in the Securities or in the Guarantee, express or implied, shall give to any Person, other than the parties hereto and their successors hereunder and the Holders, any benefit or any legal or equitable right, remedy or claim under this Indenture.

Section 112. *Governing Law.*

This Indenture, the Securities and the Guarantee shall be governed by and construed in accordance with the laws of the State of New York, except that the authorization and execution of this Indenture, the Securities and the Guarantee shall be governed by the laws of the respective jurisdictions of organization of the Company and the Guarantor.

Section 113. *Legal Holidays.*

In any case where any Interest Payment Date, Redemption Date or Stated Maturity of any Security shall not be a Business Day at any Place of Payment, then (notwithstanding any other provision of this Indenture or of the Securities (other than a provision of the Securities of any series which specifically states that such provision shall apply in lieu of this Section)) payment of interest or principal (and premium, if any) need not be made at such Place of Payment on such date, but may be made on the next succeeding Business Day at such Place of Payment with the same force and effect as if made on the Interest Payment Date or Redemption Date, or at the Stated Maturity, *provided* that no interest shall accrue on the amount so payable for the period from and after such Interest Payment Date, Redemption Date or Stated Maturity, as the case may be.

Section 114. *Submission to Jurisdiction.*

The Company agrees that any legal suit, action or proceeding arising out of or based upon the Indenture or the Securities may be instituted in any state or Federal court in the Borough of Manhattan, The City of New York, New York, United States of America, waives, to the extent it may effectively do so, any objection which it may have now or hereafter to the laying of the venue of any such suit, action or proceeding, and irrevocably submits to the jurisdiction of any such court in any such suit, action or proceeding. The Company has designated and appointed Corporation Service Company (or any successor corporation) as the Company's authorized agent to accept and acknowledge on its behalf service of any and all process which may be served in any such suit, action or proceeding in any such court and agrees that service of process upon said agent at its office at 19 West 44th Street, Suite 200 New York, NY 10036 (or at such other address in the Borough of Manhattan, The City of New York, as the Company may designate by written notice to the Guarantor and the Trustee) shall be deemed in every respect effective service of process upon the Company in any such suit, action or proceeding and shall be taken and held to be valid personal service upon the Company, whether or not the Company shall then be doing, or at any time shall have done, business within the State of New York, and any such service of process shall be of the same force and validity as if service were made upon it according to the laws governing the validity and requirements of such service in such State, and waives all claim of error by reason of any such service. Said designation and appointment shall be irrevocable until the Indenture shall have been satisfied and discharged in accordance with Article Four. The Company agrees to take all action as may be necessary to continue the designation and appointment of Corporation Service Company or any successor corporation in full force and effect so that the Company shall at all times have an agent for service of process for the above purposes in the Borough of Manhattan, The City of New York, New York, United States of America.

The Guarantor agrees that any legal suit, action or proceeding arising out of or based upon the Indenture or the Guarantee may be instituted in any state or Federal court in the Borough of Manhattan, The City of New York, New York, United States of America, waives, to the extent it may effectively do so, any objection which it may have now or hereafter to the laying of the venue of any such suit, action or proceeding, and irrevocably submits to the jurisdiction of any such court in any such suit, action or proceeding. The Guarantor has designated and appointed Corporation Service Company (or any successor corporation) as the Guarantor's authorized agent to accept and acknowledge on its behalf service of any and all process which may be served in any such suit, action or proceeding in any such court and agrees that service of process upon said agent at its office at 19 West 44th Street, Suite 200, New York, NY 10036 (or at such other address in the Borough of Manhattan, The City of New York, as the Guarantor may designate by written notice to the Company and the Trustee) shall be deemed in every respect effective service of process upon the Guarantor in any such suit, action or proceeding and shall be taken and held to be valid personal service upon the Guarantor, whether or not the Guarantor shall then be doing, or at any time shall have done, business within the State of New York, and any such service of process shall be of the same force and validity as if service were made upon it according to the laws governing the validity and requirements of such service in such State, and waives all claim of error by reason of any such service. Said designation and appointment shall be irrevocable until the Indenture shall have been satisfied and discharged in accordance with Article Four. The Guarantor agrees to take all action as may be necessary to continue the designation and appointment of Corporation Service Company or any successor corporation in full force and effect so that the Guarantor shall at all times have an agent for service of process for the above purposes in the Borough of Manhattan, The City of New York, New York, United States of America.

Section 115. *Waiver of Jury Trial.*

EACH OF THE COMPANY, THE GUARANTOR AND THE TRUSTEE, AND EACH HOLDER OF A SECURITY BY ITS ACCEPTANCE THEREOF, HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY AND ALL RIGHT IT MAY HAVE TO TRIAL BY JURY IN ANY LEGAL PROCEEDING DIRECTLY OR INDIRECTLY ARISING OUT OF OR RELATING TO THIS INDENTURE, THE SECURITIES OR THE TRANSACTIONS CONTEMPLATED HEREBY OR THEREBY.

**Article Two<br> SECURITY AND GUARANTEE FORMS**

Section 201. *Forms Generally.*

The Securities of each series shall be in substantially the form set forth in this Article, or in such other form as shall be established by or pursuant to a Board Resolution of the Company or in one or more indentures supplemental hereto, in each case with such appropriate insertions, omissions, substitutions and other variations as are required or permitted by this Indenture, and may have such letters, numbers or other marks of identification and such legends or endorsements placed thereon as may be required to comply with the rules of any securities exchange or as may, consistently herewith, be determined by the managers duly authorized thereto executing such Securities, as evidenced by their execution of the Securities. If the form of Securities of any series is established by action taken pursuant to a Board Resolution of the Company, a copy of an appropriate record of such action shall be certified on behalf of the Company by the chief executive officer, chief financial officer, vice president, general counsel, treasurer or an assistant secretary of the Company, and delivered to the Trustee at or prior to the delivery of the Company Order contemplated by Section 303 for the authentication and delivery of such Securities.

The text of the Guarantee shall be endorsed on the Securities of each series in substantially the form set forth in Section 205, or in the form of such other Guarantee as shall be established by or pursuant to a Board Resolution of the Guarantor and/or in one or more indentures supplemental hereto, in each case with such appropriate insertions, omissions, substitutions and other corrections as are required or permitted by this Indenture, and may have such letters, numbers or other marks of identification and such legends or endorsements placed thereon as may be required to comply with the rules of any securities exchange or as may, consistently herewith, be determined by the person duly authorized thereto executing such Securities, all as evidenced by such execution. If the Guarantee, the text of which is to be endorsed on the Securities of any series, is established by action taken pursuant to a Board Resolution of the Guarantor, a copy of an appropriate record of such action shall be certified by the general counsel, a deputy general counsel, the secretary or an assistant secretary of the Guarantor and delivered to the Trustee at or prior to the delivery of the Company Order contemplated by Section 303 for the authentication and delivery of such Securities.

The Trustee's certificates of authentication shall be in substantially the form set forth in this Article.

The definitive Securities, including the text of the Guarantee, shall be printed, lithographed or engraved on steel engraved borders or may be produced in any other manner, all as determined by the officers executing such Securities, as evidenced by their execution of such Securities.

Section 202. *Form of Face of Security.*

**[*Insert any required United Kingdom, French, Canadian or other selling restriction and/or taxation legend.*]**

TOTALENERGIES CAPITAL USA, LLC

[AGGREGATE PRINCIPAL AMOUNT OF THE ISSUANCE] [ %] GUARANTEED [ZERO

COUPON] [NOTE] [DEBENTURE] DUE

No. [currency ]

TOTALENERGIES CAPITAL USA, LLC, a limited liability company organized and existing under the laws of the State of Delaware, having its registered office at 251 Little Falls Drive, Wilmington, County of New Castle, Delaware 19808 (herein called the "Company", which term includes any successor or substitute corporation under the Indenture hereinafter referred to), for value received, hereby promises to pay to , or registered assigns, the principal sum of [currency] on [*If the Security is to bear interest prior to Maturity, insert* —, and to pay interest thereon from or from the most recent Interest Payment Date to which interest has been paid or duly provided for, semi-annually on and in each year, commencing , at the rate of % per annum, until the principal hereof is paid or made available for payment [*If applicable insert* —, and (to the extent that the payment of such interest shall be legally enforceable) at the rate of % per annum on any overdue principal and premium and on any overdue installment of interest]. The interest so payable, and punctually paid or duly provided for, on any Interest Payment Date will, as provided in such Indenture, be paid to the Person in whose name this Security (or one or more Predecessor Securities) is registered at the close of business on the Regular Record Date for such interest, which shall be the or (whether or not a Business Day), as the case may be, next preceding such Interest Payment Date. Any such interest not so punctually paid or duly provided for will forthwith cease to be payable to the Holder on such Regular Record Date and may either be paid to the Person in whose name this Security (or one or more Predecessor Securities) is registered at the close of business on a Special Record Date for the payment of such Defaulted Interest to be fixed by the Trustee, notice whereof shall be given to Holders of Securities of this series not less than 10 days prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange on which the Securities of this series may be listed, and upon such notice as may be required by such exchange, all as more fully provided in said Indenture.

If any deduction or withholding for any present or future taxes, assessments or other governmental charges of the jurisdiction (or any political subdivision or taxing authority thereof or therein) in which the Company is incorporated, shall at any time be required by such jurisdiction (or any such political subdivision or taxing authority thereof or therein) in respect of any amounts to be paid by the Company of principal of or interest on a Security of any series, then the Company will pay to the Holder of a Security of such series such additional amounts as may be necessary in order that the net amounts paid to such Holder of such Security, after such deduction or withholding, shall be not less than the amounts specified in such Security to which such Holder is otherwise entitled; *provided, however,* that the Company shall not be required to make any payment of additional amounts for or on account of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) any tax , assessment or other governmental charge imposed by the United States or any political subdivision thereof;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) any tax, assessment or other governmental charge which would not have been imposed but for (i) the existence of any present or former connection between such Holder (or between a fiduciary, settlor, beneficiary, member or shareholder of, or possessor of a power over, such Holder, if such Holder is an estate, trust, partnership or corporation) and the taxing jurisdiction or any political subdivision or territory or possession thereof or area subject to its jurisdiction, including, without limitation, such Holder (or such fiduciary, settlor, beneficiary, member, shareholder or possessor) being or having been a citizen or resident thereof or being or having been present or engaged in trade or business therein or having or having had a permanent establishment therein or (ii) the presentation of a Security of such series (where presentation is required) for payment on a date more than 30 days after the date on which such payment became due and payable or the date on which payment thereof is duly provided for, whichever occurs later;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) any estate, inheritance, gift, sale, transfer, personal property or similar tax, assessment or other governmental charge;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) any tax, assessment or other governmental charge that is payable otherwise than by withholding from payments of (or in respect of) principal of, or any interest on, the Securities of such series;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) any tax, assessment or other governmental charge that is imposed or withheld by reason of the failure by the Holder or the beneficial owner of the Security of such series (i) to provide information concerning the nationality, residence or identity of the Holder or such beneficial owner or (ii) to make any declaration or other similar claim or satisfy any information or reporting requirements, which, in the case of (i) or (ii), is required or imposed by a statute, treaty, regulation or administrative practice of the taxing jurisdiction as a precondition to exemption from all or part of such tax, assessment or other governmental charge;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f) any tax, assessment or other governmental charge which such Holder would have been able to avoid by presenting such Security to another Paying Agent;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(g) any tax, assessment or other governmental charge which is imposed on a payment pursuant to the European Union Directive 2003/48/EC regarding the taxation of savings income or any other directive amending, supplementing or replacing such directive, or any law implementing or complying with, or introduced in order to conform to, such directive or directives; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(h) any combination of items (a), (b), (c), (d), (e), (f) and (g) above; nor shall additional amounts be paid with respect to any payment of the principal of, or any interest on, any Security of such series to any Holder who is a fiduciary or partnership or other than the sole beneficial owner of such payment to the extent such payment would be required by the laws of the jurisdiction (or any political subdivision or taxing authority thereof or therein) to be included in the income for tax purposes of a beneficiary or settlor with respect to such fiduciary or a member of such partnership or a beneficial owner who would not have been entitled to such additional amounts had it been the Holder of such Security.

Furthermore, any amounts to be paid by the Company or the Guarantor, as the case may be, on the Securities or under the Guarantee will be paid net of any FATCA Withholding. Neither the Company nor the Guarantor will be required to pay additional amounts on account of any FATCA Withholding.

The foregoing provisions shall apply *mutatis mutandis* to any withholding or deduction in respect of any amount to be paid by the Company of principal of or interest on a Security of any series (i) for or on account of any present or future taxes, assessments or governmental charges of whatever nature of any jurisdiction in which any successor or substitute Person to the Company is organized, or any political subdivision or taxing authority thereof or therein; or (ii) if another Person merges into or transfers its assets to the Company pursuant to Section 801, for or on account of any taxes, assessments or governmental charges levied by the jurisdiction in which such other Person is organized, or by any political subdivision or taxing authority thereof, as a result of (x) the Company's being treated as engaged in a trade or business, or having a permanent establishment, in such jurisdiction and (y) the payment of principal or interest being allocable or attributable to such trade or business or permanent establishment.

[*If the Security is not to bear interest prior to Maturity, insert* — The principal of this Security shall not bear interest except in the case of a default in payment of principal upon acceleration, upon redemption or at Stated Maturity and in such case the overdue principal of this Security shall bear interest at the rate of % per annum (to the extent that the payment of such interest shall be legally enforceable), which shall accrue from the date of such default in payment to the date payment of such principal has been made or duly provided for. Interest on any overdue principal shall be payable on demand. Any such interest on any overdue principal that is not so paid on demand shall bear interest at the rate of % per annum (to the extent that the payment of such interest shall be legally enforceable), which shall accrue from the date of such demand for payment to the date payment of such interest has been made or duly provided for, and such interest shall also be payable on demand.]

Payment of the principal of (and premium, if any) and [*if applicable, insert* — any such] interest on this Security will be made at [the office or agency of the Company maintained for that purpose in ][the office of the Paying Agent], [in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts] [specify other currency] [*if applicable, insert* —; *provided*, *however*, that at the option of the Company payment of interest may be made by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register].

Reference is hereby made to the further provisions of this Security set forth on the reverse hereof, which further provisions shall for all purposes have the same effect as if set forth at this place.

Unless the certificate of authentication hereon has been executed by the Trustee referred to on the reverse hereof by manual or electronic signature, this Security shall not be entitled to any benefit under the Indenture or be valid or obligatory for any purpose.

IN WITNESS WHEREOF, the Company has caused this instrument to be duly executed.

TOTALENERGIES CAPITAL USA, LLC

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|:---|
| By |
| [By ] |

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Section 203. *Form of Reverse of Security.*

This Security is one of a duly authorized issue of securities of the Company (herein called the "Securities"), issued and to be issued outside France in one or more series under an Indenture, dated as of ______, 20___ (herein called the "Indenture"), among the Company, as issuer, TOTALENERGIES SE, as Guarantor (herein called the "Guarantor"), and The Bank of New York Mellon, as Trustee (herein called the "Trustee", which term includes any successor trustee under the Indenture), to which Indenture and all indentures supplemental thereto reference is hereby made for a statement of the respective rights, limitation of rights, duties and immunities thereunder of the Company, the Guarantor, the Trustee and the Holders of the Securities and of the terms upon which the Securities are, and are to be, authenticated and delivered. This Security is one of the series designated on the face hereof [, limited in aggregate principal amount to [currency]].

[*If applicable, insert* — The Securities of this series are subject to redemption upon not less than 30 days' notice by mail, [*if applicable, insert* — (1) on in any year commencing with the year and ending with the year through operation of the sinking fund for this series at a Redemption Price equal to 100% of the principal amount, and (2)] at any time [on or after , 20 ], as a whole or in part, at the election of the Company, at the following Redemption Prices (expressed as percentages of the principal amount): If redeemed [on or before , %, and if redeemed] during the 12-month period beginning of the years indicated, and thereafter at a Redemption Price equal to % of the principal amount, together in the case of any such redemption [*if applicable, insert* — (whether through operation of the sinking fund or otherwise)] with accrued interest to the Redemption Date, but interest installments whose Stated Maturity is on or prior to such Redemption Date will be payable to the Holders of such Securities, or one or more Predecessor Securities, of record at the close of business on the relevant Record Dates referred to on the face hereof, all as provided in the Indenture.]

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| | | | |
|:---|:---|:---|:---|
|  | **Redemption** |  | **Redemption** |
| **Year** | **Price** | **Year** | **Price** |

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[*If applicable insert* — The Securities of this series are subject to redemption upon not less than 30 days' notice by mail, (1) on in any year commencing with the year and ending with the year through operation of the sinking fund for this series at the Redemption Prices for redemption through operation of the sinking fund (expressed as percentages of the principal amount) set forth in the table below, and (2) at any time [on or after ], as a whole or in part, at the election of the Company, at the Redemption Prices for redemption otherwise than through operation of the sinking fund (expressed as percentages of the principal amount) set forth in the table below: If redeemed during the 12-month period beginning of the years indicated, and thereafter at a Redemption Price equal to % of the principal amount, together in the case of any such redemption (whether through operation of the sinking fund or otherwise) with accrued interest to the Redemption Date, but interest installments whose Stated Maturity is on or prior to such Redemption Date will be payable to the Holders of such Securities, or one or more Predecessor Securities, of record at the close of business on the relevant Record Dates referred to on the face hereof, all as provided in the Indenture.]

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|:---|:---|:---|
| **Year** | **Redemption Price<br> For Redemption<br> Through Operation<br> of the Sinking Fund** | **Redemption Price For<br> Redemption Otherwise<br> Than Through Operation<br> of the Sinking Fund** |

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[Notwithstanding the foregoing, the Company may not, prior to , redeem any Securities of this series as contemplated by [Clause (2) of] the preceding paragraph as a part of, or in anticipation of, any refunding operation by the application, directly or indirectly, of moneys borrowed having an interest cost to the Company (calculated in accordance with generally accepted financial practice) of less than % per annum.]

[The sinking fund for this series provides for the redemption on in each year beginning with the year and ending with the year of [not less than] [currency] [("mandatory sinking fund") and not more than [currency] ] aggregate principal amount of Securities of this series. [Securities of this series acquired or redeemed by the Company otherwise than through [mandatory] sinking fund payments may be credited against subsequent [mandatory] sinking fund payments otherwise required to be made — in the inverse order in which they become due.]

[*If the Security is not an Original Issue Discount Security*, — If an Event of Default with respect to Securities of this series shall occur and be continuing, the principal of the Securities of this series may be declared due and payable in the manner and with the effect provided in the Indenture.]

[*If the Security is an Original Issue Discount Security*, — If an Event of Default with respect to Securities of this series shall occur and be continuing, an amount of principal of the Securities of this series may be declared due and payable in the manner and with the effect provided in the Indenture. Such amount shall be equal to — *insert formula for determining the amount*. Upon payment (i) of the amount of principal so declared due and payable and (ii) of interest on any overdue principal and overdue interest (in each case to the extent that the payment of such interest shall be legally enforceable), all of the Company's obligations in respect of the payment of the principal of and interest, if any, on the Securities of this series shall terminate.]

In the event of redemption of this Security in part only, a new Security or Securities of this series for the unredeemed portion hereof will be issued in the name of the Holder hereof upon the cancellation hereof.

[*If the Security is not subject to redemption*, — This Security is not redeemable prior to Stated Maturity [except as permitted under Section 1108 ("Optional Redemption Due to Changes in Tax Treatment")].] [*Alternatively,* — This Security is [also] redeemable prior to Stated Maturity [except as permitted under Section 1108 ("Optional Redemption Due to Changes in Tax Treatment"); the date specified for the Securities of this series, for the purpose of said Section 1108 is ]

The Indenture permits, with certain exceptions as therein provided, the amendment thereof and the modification of the rights and obligations of the Company and the Guarantor and the rights of the Holders of the Securities of each series to be affected under the Indenture at any time by the Company, the Guarantor and the Trustee with the consent of the Holders of a majority in principal amount of the Securities at the time Outstanding of each series to be affected. The Indenture also contains provisions permitting the Holders of specified percentages in principal amount of the Securities of each series at the time Outstanding, on behalf of the Holders of all Securities of such series, to waive compliance by the Company or the Guarantor, or both, with certain provisions of the Indenture and certain past defaults under the Indenture and their consequences. Any such consent or waiver by the Holder of this Security shall be conclusive and binding upon such Holder and upon all future Holders of this Security and of any Security issued upon the registration of transfer hereof or in exchange herefor or in lieu hereof, whether or not notation of such consent or waiver is made upon this Security.

As provided in and subject to the provisions of the Indenture, the Holder of this Security shall not have the right to institute any proceeding with respect to the Indenture or for the appointment of a receiver or trustee or for any other remedy thereunder, unless such Holder shall have previously given the Trustee written notice of a continuing Event of Default with respect to the Securities of this series, the Holders of not less than 25% in principal amount of the Securities of this series at the time Outstanding shall have made written request to the Trustee to institute proceedings in respect of such Event of Default as Trustee and offered the Trustee reasonable indemnity, and the Trustee shall not have received from the Holders of a majority in principal amount of Securities of this series at the time Outstanding a direction inconsistent with such request, and shall have failed to institute any such proceeding, for 60 days after receipt of such notice, request and offer of indemnity. The foregoing shall not apply to any suit instituted by the Holder of this Security for the enforcement of any payment of principal hereof or any premium or interest hereon on or after the respective due dates expressed or provided for herein.

No reference herein to the Indenture and no provision of this Security or of the Indenture shall alter or impair the obligation of the Company, which is absolute and unconditional, to pay the principal of (and premium, if any) and interest on this Security at the times, place and rate, and in the coin or currency, herein prescribed.

As provided in the Indenture and subject to certain limitations therein set forth, the transfer of this Security is registrable in the Security Register, upon surrender of this Security for registration of transfer at the office or agency of the Company in any place where the principal of (and premium, if any) and interest on this Security are payable, duly endorsed by, or accompanied by a written instrument of transfer in form satisfactory to the Company and the Security Registrar duly executed by, the Holder hereof or his attorney duly authorized in writing, and thereupon one or more new Securities of this series, of authorized denominations and for the same aggregate principal amount, will be issued to the designated transferee or transferees.

The Securities of this series are issuable only in registered form without coupons in denominations of [currency] and any integral multiple thereof. As provided in the Indenture and subject to certain limitations therein set forth, Securities of this series are exchangeable for a like aggregate principal amount of Securities of this series of a different authorized denomination, as requested by the Holder surrendering the same.

No service charge shall be made for any such registration of transfer or exchange, but the Company may require payment of a sum sufficient to cover any tax or other governmental charge payable in connection therewith.

Prior to due presentment of this Security for registration of transfer, the Company, the Guarantor, the Trustee and any agent of the Company, the Guarantor or the Trustee may treat the Person in whose name this Security is registered as the owner hereof for all purposes (subject to Section 307 of the Indenture), whether or not this Security be overdue, and neither the Company, the Guarantor, the Trustee nor any such agent shall be affected by notice to the contrary.

The Indenture provides that the Company and the Guarantor, at the Guarantor's option, (a) will be discharged from any and all obligations in respect of the Securities (except for certain obligations to register the transfer or exchange of Securities, replace stolen, lost or mutilated Securities, maintain paying agencies and hold moneys for payment in trust) or (b) need not comply with certain restrictive covenants of the Indenture, in each case if the Company or the Guarantor deposits, in trust, with the Trustee money or U.S. Government Obligations which, through the payment of interest thereon and principal thereof in accordance with their terms, will provide money, in an amount sufficient to pay all the principal (including any mandatory sinking fund payments) of, and premium, if any, and interest on, the Securities on the dates such payments are due in accordance with the terms of such Securities and Guarantee, and certain other conditions are satisfied.

All terms used in this Security which are defined in the Indenture shall have the meanings assigned to them in the Indenture.

Section 204. *Form of Trustee's Certificate of Authentication.*

This is one of the Securities of the series designated herein referred to in the within-mentioned Indenture.

Dated:

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|:---|
| THE BANK OF NEW YORK MELLON, |
| as Trustee |
| By |
| *Authorized Signatory* |

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Section 205. *Guarantee by Guarantor; Text of Guarantee*

On or prior to the issuance of Securities of any series pursuant to this Indenture, the Guarantor shall grant a Guarantee with respect to such Securities by endorsing on such Securities the text of the Guarantee in substantially the form set forth below, or in the form of such other Guarantee as shall be established by or pursuant to a Board Resolution of the Guarantor and/or in one or more indentures supplemental hereto. When Securities of a series on which the text of the Guarantee is endorsed are executed, authenticated and delivered pursuant to the provisions of Section 303 hereof, the Guarantee shall bind the Guarantor with respect to such Securities.

**TEXT OF THE GUARANTEE OF TOTALENERGIES SE**

For value received, TOTALENERGIES SE, a European Company (*societas europaea* or SE) duly organized and existing under the laws of the Republic of France (herein called the "Guarantor", which term includes any successor corporation under the Indenture referred to in the Security upon which this Guarantee is endorsed), hereby unconditionally guarantees to the Holder of the Security upon which this Guarantee is endorsed and to the Trustee referred to in such Indenture due and prompt payment of the principal of (and premium, if any) and interest (including additional amounts with respect to payments by the Guarantor under the Guarantee) on such Security and the due and prompt payment of any sinking fund payments provided for therein, when and as the same shall become due and payable, whether at the Stated Maturity, by declaration of acceleration, call for redemption or otherwise, according to the terms thereof and of the Indenture referred to therein. In case of the failure of TotalEnergies Capital USA, LLC, a limited liability company organized and existing under the laws of the State of Delaware (herein called the "Company", which term includes any successor corporation under such Indenture) punctually to make any such principal, premium, interest (including additional amounts with respect to payments by the Guarantor under the Guarantee) or sinking fund payment, the Guarantor hereby agrees to cause any such payment to be made promptly when and as the same shall become due and payable, whether at the Stated Maturity, by declaration of acceleration, call for redemption or otherwise, and as if such payment were made by the Company.

The Guarantor hereby further agrees, subject to the limitations and exceptions set forth below, that if any deduction or withholding for any present or future taxes, assessments or other governmental charges of the jurisdiction (or any political subdivision or taxing authority thereof or therein) in which the Guarantor is incorporated, shall at any time be required by such jurisdiction (or any such political subdivision or taxing authority thereof or therein) in respect of any amounts to be paid by the Guarantor under this Guarantee, the Guarantor will pay to the Holder of a Security of such series such additional amounts as may be necessary in order that the net amounts paid to such Holder of such Security, after such deduction or withholding, shall be not less than the amounts specified in such Security to which such Holder is otherwise entitled; *provided, however,* that the Guarantor shall not be required to make any payment of additional amounts (1) in respect of the Securities in a series if the Officer's Certificate of the Company setting forth the terms of such Securities in accordance with Section 301 of the Indenture does not oblige the Company to pay additional amounts pursuant to Section 1010 of the Indenture, or (2) for or on account of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) any tax , assessment or other governmental charge imposed by the United States or any political subdivision thereof;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) any tax, assessment or other governmental charge which would not have been imposed but for (i) the existence of any present or former connection between such Holder (or between a fiduciary, settlor, beneficiary, member or shareholder of, or possessor of a power over, such Holder, if such Holder is an estate, trust, partnership or corporation) and the taxing jurisdiction or any political subdivision or territory or possession thereof or area subject to its jurisdiction, including, without limitation, such Holder (or such fiduciary, settlor, beneficiary, member, shareholder or possessor) being or having been a citizen or resident thereof or being or having been present or engaged in trade or business therein or having or having had a permanent establishment therein or (ii) the presentation of a Security of such series (where presentation is required) for payment on a date more than 30 days after the date on which such payment became due and payable or the date on which payment thereof is duly provided for, whichever occurs later;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) any estate, inheritance, gift, sale, transfer, personal property or similar tax, assessment or other governmental charge;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) any tax, assessment or other governmental charge that is payable otherwise than by withholding from payments of (or in respect of) principal of, or any interest on, the Securities of such series;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) any tax, assessment or other governmental charge that is imposed or withheld by reason of the failure by the Holder or the beneficial owner of the Security of such series (i) to provide information concerning the nationality, residence or identity of the Holder or such beneficial owner or (ii) to make any declaration or other similar claim or satisfy any information or reporting requirements, which, in the case of (i) or (ii), is required or imposed by a statute, treaty, regulation or administrative practice of the taxing jurisdiction as a precondition to exemption from all or part of such tax, assessment or other governmental charge;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f) any tax, assessment or other governmental charge which such Holder would have been able to avoid by presenting such Security to another Paying Agent;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(g) any tax, assessment or other governmental charge which is imposed on a payment pursuant to the European Union Directive 2003/48/EC regarding the taxation of savings income or any other directive amending, supplementing or replacing such directive, or any law implementing or complying with, or introduced in order to conform to, such directive or directives; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (h) any combination of items (a), (b), (c), (d), (e), (f) and (g) above; nor shall additional amounts be paid with respect to any payment of the principal of, or any interest on, any Security of such series to any Holder who is a fiduciary or partnership or other than the sole beneficial owner of such payment to the extent such payment would be required by the laws of the jurisdiction (or any political subdivision or taxing authority thereof or therein) to be included in the income for tax purposes of a beneficiary or settlor with respect to such fiduciary or a member of such partnership or a beneficial owner who would not have been entitled to such additional amounts had it been the Holder of such Security.

Furthermore, any amounts to be paid by the Company or the Guarantor, as the case may be, on the Securities or under the Guarantee will be paid net of any FATCA Withholding. Neither the Company nor Guarantor will be required to pay additional amounts on account of any FATCA Withholding.

The foregoing provisions shall apply *mutatis mutandis* to any withholding or deduction in respect of any amount to be paid by the Guarantor of principal of or interest on a Security of any series (i) for or on account of any present or future taxes, assessments or governmental charges of whatever nature of any jurisdiction in which any successor to the Guarantor is organized, or any political subdivision or taxing authority thereof or therein; or (ii) if another Person merges into or transfers its assets to the Guarantor pursuant to Section 801, for or on account of any taxes, assessments or governmental charges levied by the jurisdiction in which such other Person is organized, or by any political subdivision or taxing authority thereof, as a result of (x) the Guarantor's being treated as engaged in a trade or business, or having a permanent establishment, in such jurisdiction and (y) the payment of principal or interest being allocable or attributable to such trade or business or permanent establishment.

The Guarantor hereby agrees that its obligations hereunder shall be as if it were principal debtor and not merely surety, and shall be absolute and unconditional, irrespective of, and shall be unaffected by, any invalidity, irregularity or unenforceability of such Security or such Indenture, any failure to enforce the provisions of such Security or such Indenture, or any waiver, modification or indulgence granted to the Company with respect thereto, by the Holder of such Security or such Trustee, or any other circumstance which may otherwise constitute a legal or equitable discharge of a surety or guarantor; *provided*, *however*, that, notwithstanding the foregoing, no such waiver, modification or indulgence shall, without the consent of the Guarantor, increase the principal amount of such Security or the interest rate thereon or increase any premium payable upon redemption thereof. The Guarantor hereby waives diligence, presentment, demand of payment, filing of claims with a court in the event of merger or bankruptcy of the Company, any right to require a proceeding first against the Company, protest or notice with respect to such Security or the indebtedness evidenced thereby or with respect to any sinking fund payment required under such Security and all demands whatsoever, and covenants that this Guarantee will not be discharged except by payment in full of the principal of (and premium, if any) and interest on such Security. This Guarantee is a guarantee of payment and not of collection.

The Guarantor shall be subrogated to all rights of the Holder of such Security against the Company in respect of any amounts paid to such Holder by the Guarantor pursuant to the provisions of this Guarantee; *provided*, *however*, that the Guarantor shall not be entitled to enforce, or to receive any payments arising out of or based upon, such right of subrogation until the principal of (and premium, if any) and interest on all Securities of the same series issued under such Indenture shall have been paid in full.

No reference herein to such Indenture and no provision of this Guarantee or of such indenture shall alter or impair the guarantee of the Guarantor, which is absolute and unconditional, of the due and punctual payment of the principal of (and premium, if any) and interest on the Security upon which this Guarantee is endorsed at the times, place and rate, and in the cash or currency prescribed therein.

This Guarantee shall not be valid or obligatory for any purpose until the certificate of authentication of such Security shall have been manually or electronically executed by or on behalf of the Trustee under such Indenture.

All terms used in this Guarantee which are defined in such Indenture shall have the meanings assigned to them in such Indenture.

IN WITNESS WHEREOF, the Guarantor has caused this Guarantee to be signed manually or in facsimile by a person duly authorized in that behalf.

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|:---|:---|
| | TOTALENERGIES SE |
| | By |
| | Name: |
| | Title: |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Attest: | |
| Dated: | |

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Section 206. *Form of Legend for Global Securities.*

Any Global Security authenticated and delivered hereunder shall bear a legend in substantially the following form or such other form as may be determined pursuant to Section 201:

"This Security is a Global Security within the meaning of the Indenture hereinafter referred to and is registered in the name of a Depositary or a nominee of a Depositary. This Global Security is exchangeable for Securities registered in the name of a Person other than the Depositary or its nominee only in the limited circumstances described in the Indenture, and no transfer of this Security (other than a transfer of this Security as a whole by the Depositary to a nominee of the Depositary or by a nominee of the Depositary to the Depositary or another nominee of the Depositary) may be registered except in such limited circumstances."

**Article Three<br> THE SECURITIES**

Section 301. *Amount Unlimited; Issuable in Series.*

The aggregate principal amount of Securities which may be authenticated and delivered under this Indenture is unlimited.

The Securities may be issued outside France in one or more series. There shall be established by or pursuant to a Board Resolution of the Company and set forth in (or determined in the manner set forth in) an Officer's Certificate of the Company, or established in one or more indentures supplemental hereto, prior to the issuance of Securities of any series,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) the title of the Securities of the series (which shall distinguish the Securities of the series from Securities of any other series);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) any limit upon the aggregate principal amount of the Securities of the series which may be authenticated and delivered under this Indenture (except for Securities authenticated and delivered upon registration of transfer of, or in exchange for, or in lieu of, other Securities of the series pursuant to Section 304, 305, 306, 906 or 1107);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3) the Person to whom any interest on a Security of the series shall be payable, if other than the Person in whose name such Security (or one or more Predecessor Securities) is registered at the close of business on the Regular Record Date for such interest;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4) the date or dates on which the principal of the Securities of the series is payable;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5) the rate or rates at which the Securities of the series shall bear interest, if any, the date or dates from which such interest shall accrue, the Interest Payment Dates on which such interest shall be payable and the Regular Record Date for the interest payable on any Interest Payment Date;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6) the place or places where the principal of (and premium, if any) and interest on Securities of the series shall be payable;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7) if applicable, the period or periods within which, the price or prices at which and the terms and conditions upon which Securities of the series may be redeemed, in whole or in part, at the option of the Company;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(8) the obligation, if any, of the Company to redeem or purchase Securities of the series pursuant to any sinking fund or analogous provisions or at the option of a Holder thereof and the period or periods within which, the price or prices at which and the terms and conditions upon which Securities of the series shall be redeemed or purchased, in whole or in part, pursuant to such obligation;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(9) if other than denominations of $1,000 and any integral multiple thereof, the denominations in which Securities of the series shall be issuable;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(10) if other than the principal amount thereof, the portion of the principal amount of Securities of the series which shall be payable upon declaration of acceleration of the maturity thereof pursuant to Section 502;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(11) if other than such coin or currency of the United States of America as at the time of payment is legal tender for payment of public or private debts, the coin or currency (including any composite currency) in which payment of the principal of (and premium, if any) and interest on the Securities of the series shall be denominated or payable and the manner of determining the equivalent thereof in the currency of the United States of America for the purposes of the definition of "Outstanding" in Section 101;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(12) if the principal of (and premium, if any) or interest on the Securities of the series are to be payable, at the election of the Company or a Holder thereof, in a coin or currency (including any composite currency) other than that in which the Securities are stated to be payable, the period or periods within which, and the terms and condition upon which, such election may be made;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(13) if the principal amount payable at the Stated Maturity of any Securities of the series will not be determinable as of any one or more dates prior to the Stated Maturity, the amount which shall be deemed to be the principal amount of such Securities as of any such date for any purpose thereunder or hereunder, including the principal amount thereof which shall be due and payable upon any Maturity other than the Stated Maturity or which shall be deemed to be Outstanding as of any date prior to the Stated Maturity (or, in any such case, the manner in which such amount deemed to be the principal amount shall be determined);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(14) if the amounts of payments of principal of (and premium, if any) or interest on the Securities of the series may be determined with reference to an index, the manner in which such amounts shall be determined;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(15) whether the Securities of the series shall be issued in whole or in part in the form of one or more Global Securities and, if so, the Depositary for such Global Security or Securities;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(16) any addition to or change in the Events of Default which applies to any Securities of the series and any change in the right of the Trustee or the requisite Holders of such Securities to declare the principal amount thereof due and payable pursuant to Section 502;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(17) with respect to such series of Securities, the "Stated Intervals" and the "Record Date" for purposes of Section 312(a) (in the case of non-interest bearing Securities) and 316(c), respectively, of the Trust Indenture Act;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(18) if additional amounts pursuant to Section 1010 will not be payable by the Company; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(19) any other terms of the series (which terms shall not be inconsistent with the provisions of this Indenture).

All Securities of any one series shall be substantially identical except as to denomination and number and except as may otherwise be provided in or pursuant to such Board Resolutions and set forth (or determined in the manner provided) in such Officer's Certificates or in any such indenture supplemental hereto.

If any of the terms of the series are established by action taken pursuant to a Board Resolution of the Company or the Guarantor, a copy of an appropriate record of such action shall be certified by the general counsel, a deputy general counsel, the secretary or an assistant secretary of the Company or the Guarantor, as the case may be, and delivered to the Trustee at or prior to the delivery of the Officer's Certificate setting forth the terms of the series.

Notwithstanding Section 301(2) herein and unless otherwise expressly provided with respect to a series of Securities, the aggregate principal amount of a series of Securities may be increased and additional Securities of such series may be issued up to the maximum aggregate principal amount authorized with respect to such series as increased.

Section 302. *Denominations.*

The Securities of each series shall be issuable in registered form without coupons in such denominations as shall be specified as contemplated by Section 301. In the absence of any such provisions with respect to the Securities of any series, the Securities of such series shall be issuable in denominations of $1,000 and any integral multiple thereof.

Section 303. *Execution, Authentication, Delivery and Dating.*

The Securities shall be executed on behalf of the Company by one or more of its managers, or any other Persons, as required, duly authorized thereto and attested by its general counsel, a deputy general counsel, its secretary or one of its assistant secretaries. The signature of any of such director or Person on the Securities may be manual or facsimile.

Each Guarantee with respect to the issuance of Securities of any series shall be executed on behalf of the Guarantor by one or more of its directors, or any other Persons, as required, duly authorized thereunto and attested by its general counsel, a deputy general counsel, its treasurer or one of its deputy treasurers. The signature of any of such director or Person on the relevant Guarantee may be manual or facsimile.

Securities bearing the manual or facsimile signatures of individuals who were at any time the proper managers or other authorized persons of the Company shall bind the Company, notwithstanding that such individuals or any of them have ceased to hold such offices prior to the authentication and delivery of such Securities or did not hold such offices at the date of such Securities. The Guarantee, by the endorsement of its text on any Securities authenticated and delivered by the Trustee, shall bind the Guarantor with respect to such Securities notwithstanding that the individuals who were at the time of the execution of the relevant Guarantee proper officers of the Guarantor and whose manual or facsimile signatures are borne thereon have ceased to hold such offices prior to the authentication and delivery of such Securities or did not hold such offices at the date of such Securities.

At any time and from time to time after the execution and delivery of this Indenture, the Company may deliver Securities of any series executed by the Company (having endorsed thereon the text of the Guarantee) to the Trustee for authentication, together with a Company Order for the authentication and delivery of such Securities, and the Trustee in accordance with the Company Order shall authenticate and deliver such Securities. If the form or terms of the Securities of the series or the Guarantee, the text of which is endorsed thereon, have been established by or pursuant to one or more Board Resolutions as permitted by Sections 201 and 301, in authenticating such Securities, and accepting the additional responsibilities under this Indenture in relation to such Securities, the Trustee shall be entitled to receive, and (subject to 601) shall be fully protected in relying upon, an Opinion of Counsel stating,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) if the form of such Securities or Guarantee has been established by or pursuant to Board Resolution as permitted by Section 201, that such form has been established in conformity with the provisions of this Indenture;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) if the terms of such Securities have been established by or pursuant to Board Resolution as permitted by Section 301, that such terms have been established in conformity with the provisions of this Indenture;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) that such Securities, when authenticated and delivered by the Trustee and issued by the Company in the manner and subject to any conditions specified in such Opinion of Counsel, will constitute valid and legally binding obligations of the Company enforceable in accordance with their terms, subject to bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and similar laws of general applicability relating to or affecting creditors' rights and to general equity principles; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) that the Guarantee, when the Securities upon which the text of the Guarantee shall have been endorsed, shall have been authenticated and delivered by the Trustee and issued by the Company in the manner and subject to any conditions specified in such Opinion of Counsel, will constitute a valid and legally binding obligation of the Guarantor enforceable in accordance with its terms, subject to bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and similar laws of general applicability relating to or affecting creditors' rights and to general equity principles.

If such form or terms have been so established, the Trustee shall not be required to authenticate such Securities if the issue of such Securities pursuant to this Indenture will affect the Trustee's own rights, duties or immunities under the Securities or this Indenture or otherwise in a manner which is not reasonably acceptable to the Trustee.

Each Security shall be dated the date of its authentication.

No Security or the Guarantee as endorsed thereon shall be entitled to any benefit under this Indenture or be valid or obligatory for any purpose unless there appears on such Security a certificate of authentication substantially in the form provided for herein executed by the Trustee by manual or electronic signature of an authorized officer, and such certificate upon any Security shall be conclusive evidence, and the only evidence, that such Security has been duly authenticated and delivered hereunder and that such Security and the Guarantee as endorsed thereon is entitled to the benefits of this Indenture.

Section 304. *Temporary Securities.*

Pending the preparation of definitive Securities of any series, the Company may execute, and upon Company Order the Trustee shall authenticate and deliver, temporary Securities substantially of the tenor of the definitive Securities in lieu of which they are issued, and having endorsed thereon the text of the Guarantee, which Securities and text of the Guarantee may be printed, lithographed, typewritten, mimeographed or otherwise produced, in any authorized denomination and with such appropriate insertions, omissions, substitutions and other variations as the officers executing such Securities may determine, all as evidenced by such execution.

If temporary Securities of any series are issued, the Company will cause definitive Securities of that series to be prepared without unreasonable delay. After the preparation of definitive Securities of such series, the temporary Securities of such series shall be exchangeable for definitive Securities of such series upon surrender of the temporary Securities of such series at the office or agency of the Company in a Place of Payment for that series, without charge to the Holder. Upon surrender for cancellation of any one or more temporary Securities of any series the Company shall execute and the Trustee shall authenticate and deliver in exchange therefor one or more definitive Securities of the same series of authorized denominations and of a like aggregate principal amount and tenor, having endorsed thereon the text of the Guarantee. Until so exchanged the temporary Securities of any series shall in all respects be entitled to the same benefits under this Indenture as definitive Securities of such series.

Section 305. *Registration, Registration of Transfer and Exchange.*

The Company shall cause to be kept at the Corporate Trust Office of the Trustee a register (the register maintained in such office being herein sometimes referred to as the "Security Register") in which, subject to such reasonable regulations as it may prescribe, the Company shall provide for the registration of Securities and of transfers of Securities. The Trustee is hereby appointed "Security Registrar" for the purpose of registering Securities and transfers of Securities as herein provided.

Upon surrender for registration of transfer of any Security of any series at the office or agency in a Place of Payment for that series, the Company shall execute, and the Trustee shall authenticate and deliver, in the name of the designated transferee or transferees, one or more new Securities of the same series, of any authorized denominations and of a like aggregate principal amount and tenor, each such Security having endorsed thereon the text of the Guarantee.

At the option of the Holder, Securities of any series may be exchanged for other Securities of the same series, of any authorized denominations and of a like aggregate principal amount and tenor, each such Security having endorsed thereon the text of the Guarantee, upon surrender of the Securities to be exchanged at such office or agency. Whenever any Securities are so surrendered for exchange, the Company shall execute, and the Trustee shall authenticate and deliver, the Securities which the Holder making the exchange is entitled to receive.

All Securities issued upon any registration of transfer or exchange of Securities shall be the valid obligations of the Company and the Guarantor, evidencing the same debt, and entitled to the same benefits under this Indenture, as the Securities surrendered upon such registration of transfer or exchange.

Every Security presented or surrendered for registration of transfer or for exchange shall (if so required by the Company or the Trustee) be duly endorsed, or be accompanied by a written instrument of transfer in form satisfactory to the Company and the Security Registrar duly executed, by the Holder thereof or his attorney duly authorized in writing.

No service charge shall be made for any registration of transfer or exchange of Securities, but the Company may require payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in connection with any registration of transfer or exchange of Securities, other than exchanges pursuant to Section 304, 906 or 1107 not involving any transfer.

The Company shall not be required (i) to issue, register the transfer of or exchange Securities of any series during a period beginning at the opening of business 15 days before the day of the mailing of a notice of redemption of Securities of that series selected for redemption under Section 1103 and ending at the close of business on the day of such mailing, or (ii) to register the transfer of or exchange any Security so selected for redemption in whole or in part, except the unredeemed portion of any Security being redeemed in part.

Each Global Security authenticated under this Indenture shall be registered in the name of the Depositary designated for such Global Security or a nominee thereof and delivered to such Depositary or a nominee thereof or custodian therefor, and each such Global Security shall constitute a single Security for all purposes of this Indenture.

Notwithstanding the foregoing, except as otherwise specified as contemplated by Section 301, any Global Security shall be exchangeable pursuant to this Section 305 for Securities registered in the names of Persons other than the Depositary for such series or its nominee if, but only if, (i) such Depositary notifies the Company that it is unwilling or unable to continue as Depositary for such series or at any time ceases to be a clearing agency registered as such under the Exchange Act, as amended, and the Company and/or the Guarantor notify the Trustee that they are unable to locate a qualified successor Depositary, (ii) the Company and/or the Guarantor execute and deliver to the Trustee a Company Order that such Global Security shall be so exchangeable, or (iii) there shall have occurred and be continuing an Event of Default with respect to the Securities of such series and beneficial owners of the Securities evidencing not less than 50% of the aggregate unpaid principal amount of the Securities of such series advise the Trustee and the Depositary through participants in writing that the continuation of a book-entry system is no longer in the best interests of the beneficial owners of the Securities of such series. Any Global Security that is exchangeable pursuant to the preceding sentence shall be exchangeable for Securities registered in such names as such Depositary shall direct.

Notwithstanding any other provision of this Indenture (except the immediately preceding paragraph), a Global Security may not be transferred except as a whole by the Depositary for such Global Security to a nominee of such Depositary or by a nominee of such Depositary to such Depositary or another nominee of such Depositary.

Section 306. *Mutilated, Destroyed, Lost and Stolen Securities.*

If any mutilated Security is surrendered to the Trustee, the Company shall execute and the Trustee shall authenticate and deliver in exchange therefor a new Security of the same series and of like tenor and principal amount, having endorsed thereon the text of the Guarantee, and bearing a number not contemporaneously Outstanding.

If there shall be delivered to the Company and the Trustee (i) evidence to their satisfaction of the destruction, loss or theft of any Security and (ii) such security or indemnity as may be required by them to save each of them and any agent of either of them harmless, then, in the absence of notice to the Company or the Trustee that such Security has been acquired by a bona fide purchaser, the Company shall execute and upon its request the Trustee shall authenticate and deliver, in lieu of any such destroyed, lost or stolen Security, a new Security of the same series and of like tenor and principal amount, having endorsed thereon the text of the Guarantee, and bearing a number not contemporaneously Outstanding.

In case any such mutilated, destroyed, lost or stolen Security has become or is about to become due and payable, the Company in its discretion may, instead of issuing a new Security, pay such Security upon compliance with the foregoing conditions.

Upon the issuance of any new Security under this Section, the Company may require the payment of a sum sufficient to cover any tax or other governmental charge that may be imposed in relation thereto and any other expenses (including the fees and expenses of the Trustee) connected therewith.

Every new Security of any series issued pursuant to this Section in lieu of any destroyed, lost or stolen Security shall constitute an original additional contractual obligation of the Company and the Guarantor, whether or not the destroyed, lost or stolen Security shall be at any time enforceable by anyone, and shall be entitled to all the benefits of this Indenture equally and proportionately with any and all other Securities of that series duly issued hereunder.

The provisions of this Section are exclusive and shall preclude (to the extent lawful) all other rights and remedies with respect to the replacement or payment of mutilated, destroyed, lost or stolen Securities.

Section 307. *Payment of Interest; Interest Rights Preserved.*

Except as otherwise provided as contemplated by Section 301 with respect to any series of Securities, interest on any Security which is payable, and is punctually paid or duly provided for, on any Interest Payment Date shall be paid to the Person in whose name that Security (or one or more Predecessor Securities) is registered at the close of business on the Regular Record Date for such interest.

Any interest on any Security of any series which is payable, but is not punctually paid or duly provided for, on any Interest Payment Date (herein called "Defaulted Interest") shall forthwith cease to be payable to the Holder on the relevant Regular Record Date by virtue of having been such Holder, and such Defaulted Interest may be paid by the Company, at its election in each case, as provided in Clause (1) or (2) below:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) The Company may elect to make payment of any Defaulted Interest to the Persons in whose names the Securities of such series (or their respective Predecessor Securities) are registered at the close of business on a Special Record Date for the payment of such Defaulted Interest, which shall be fixed in the following manner. The Company shall notify the Trustee in writing of the amount of Defaulted Interest proposed to be paid on each Security or such series and the date of the proposed payment, and at the same time the Company shall deposit with the Trustee an amount of money equal to the aggregate amount proposed to be paid in respect of such Defaulted Interest or shall make arrangements satisfactory to the Trustee for such deposit prior to the date of the proposed payment, such money when deposited to be held in trust for the benefit of the Persons entitled to such Defaulted Interest as in this Clause provided. Thereupon the Trustee shall fix a Special Record Date for the payment of such Defaulted Interest which shall be not more than 15 days and not less than 10 days prior to the date of the proposed payment and not less than 10 days after the receipt by the Trustee of the notice of the proposed payment. The Trustee shall promptly notify the Company of such Special Record Date and, in the name and at the expense of the Company, shall cause notice of the proposed payment of such Defaulted Interest and the Special Record Date therefor to be mailed, first class postage prepaid, to each Holder of Securities of such series at his address as it appears in the Security Register, not less than 10 days prior to such Special Record Date. Notice of the proposed payment of such Defaulted Interest and the Special Record Date therefor having been so mailed, such Defaulted Interest shall be paid to the Persons in whose names the Securities of such series (or their respective Predecessor Securities) are registered at the close of business on such Special Record Date and shall no longer be payable pursuant to the following Clause (2).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) The Company may make payment of any Defaulted Interest on the Securities of any series in any other lawful manner not inconsistent with the requirements of any securities exchange on which such Securities may be listed, and upon such notice as may be required by such exchange, if, after notice given by the Company to the Trustee of the proposed payment pursuant to this Clause, such manner of payment shall be deemed practicable by the Trustee.

Subject to the foregoing provisions of this Section, each Security delivered under this Indenture upon registration of transfer of or in exchange for or in lieu of any other Security shall carry the rights to interest accrued and unpaid, and to accrue, which were carried by such other Security.

Section 308. *Persons Deemed Owners.*

Prior to due presentment of a Security for registration of transfer, the Company, the Guarantor, the Trustee and any agent of the Company, the Guarantor or the Trustee may treat the Person in whose name such Security is registered as the owner of such Security for the purpose of receiving payment of principal of (and premium, if any) and (subject to Section 307) interest on such Security and for all other purposes whatsoever, whether or not such Security be overdue, and neither the Company, the Guarantor, the Trustee nor any agent of the Company, the Guarantor or the Trustee shall be affected by notice to the contrary.

No holder of any beneficial interest in any Global Security held on its behalf by a Depositary shall have any rights under this Indenture with respect to such Global Security, and such Depositary may be treated by the Company, the Guarantor, the Trustee, and any agent of the Company, the Guarantor or the Trustee as the owner of such Global Security for all purposes whatsoever. Notwithstanding the foregoing, nothing herein shall impair, as between a Depositary and such holders of beneficial interests, the operation of customary practices governing the exercise of the rights of the Depositary as Holder of any Security.

None of the Company, the Guarantor, the Trustee or any agent of the Company, the Guarantor or the Trustee shall have any responsibility or liability for any aspect of the records relating to or payments made on account of beneficial ownership interests in a Global Security, for maintaining, supervising or reviewing any records relating to such beneficial ownership interests, for any acts or omissions of a Depositary or for any transactions between a Depositary and beneficial owners.

Section 309. *Cancellation.*

All Securities surrendered for payment, redemption, registration of transfer or exchange or for credit against any sinking fund payment shall, if surrendered to any Person other than the Trustee, be delivered to the Trustee and shall be promptly cancelled by it. The Company or the Guarantor may at any time deliver to the Trustee for cancellation any Securities previously authenticated and delivered hereunder which the Company or the Guarantor may have acquired in any manner whatsoever, and may deliver to the Trustee (or to any other Person for delivery to the Trustee) for cancellation any Securities previously authenticated hereunder which the Company has not issued and sold, and all Securities so delivered shall be promptly cancelled by the Trustee. No Securities shall be authenticated in lieu of or in exchange for any Securities cancelled as provided in this Section, except as expressly permitted by this Indenture. All cancelled Securities held by the Trustee shall be disposed of by the Trustee in accordance with its customary procedures or as directed by a Company Order.

Section 310. *Computation of Interest.*

Except as otherwise specified as contemplated by Section 301 for Securities of any series, interest on the Securities of each series shall be computed on the basis of a 360-day year of twelve 30-day months.

Section 311. *Payment to Be in Proper Currency; Conversion of Judgment Currency.*

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) In the case of the Securities of any series denominated in any currency or in a composite currency (the "Required Currency"), except as otherwise specified with respect to such Securities as contemplated by Section 301, the obligation of the Company or the Guarantor to make any payment of the principal thereof, or the premium or interest thereon, shall not be discharged or satisfied by any tender by the Company, or recovery by the Trustee, in any currency other than the Required Currency, except to the extent that such tender or recovery shall result in the Trustee timely holding the full amount of the Required Currency then due and payable. If any such tender or recovery is in a currency other than the Required Currency, the Trustee may take such actions as it considers appropriate to exchange such currency for the Required Currency. The costs and risks of any such exchange, including without limitation the risks of delay and exchange rate fluctuation, shall be borne by the Company and the Guarantor, and the Company and the Guarantor shall remain liable for any shortfall or delinquency in the full amount of Required Currency then due and payable.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) The Company and the Guarantor each agrees further that, to the fullest extent that it may effectively do so under applicable law, (x) if for the purpose of obtaining judgment in any court it is necessary for the Trustee to convert the sum due in respect of the principal of, or premium or interest, if any, on the Securities of any series from the Required Currency into a currency in which a judgment will be rendered (the "Judgment Currency"), the rate of exchange used shall be the rate at which**,** in accordance with normal banking procedures, the Trustee could purchase the Required Currency with the Judgment Currency and (y) its obligations under this Indenture to make payments in the Required Currency shall not he discharged or satisfied by any tender, or any recovery pursuant to any judgment (whether or not entered in accordance with subsection (x)) in any currency other than the Required Currency, except to the extent that such tender or recovery shall result in the actual receipt, by the payee, of the full amount of the Required Currency expressed to be payable in respect of such payments.

**Article Four<br> SATISFACTION AND DISCHARGE**

Section 401. *Satisfaction and Discharge of Indenture.*

This Indenture shall upon Company Request cease to be of further effect (except as to any surviving rights of registration of transfer or exchange of Securities herein expressly provided for), and the Trustee, at the expense of the Company, shall execute proper instruments acknowledging satisfaction and discharge of this Indenture, when

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) either

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(A) all Securities theretofore authenticated and delivered (other than (i) Securities which have been destroyed, lost or stolen and which have been replaced or paid as provided in Section 306 and (ii) Securities for whose payment money has theretofore been deposited in trust or segregated and held in trust by the Company or the Guarantor and thereafter repaid to the Company or the Guarantor or discharged from such trust, as provided in Section 1006) have been delivered to the Trustee for cancellation; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(B) all such Securities not theretofore delivered to the Trustee for cancellation

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) have become due and payable, or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) will become due and payable at their Stated Maturity within one year, or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) are to be called for redemption within one year under arrangements satisfactory to the Trustee for the giving of notice of redemption by the Trustee in the name, and at the expense, of the Company,

and the Company or the Guarantor, in the case of (i), (ii) or (iii) above, has deposited or caused to be deposited with the Trustee as trust funds in trust for the purpose an amount sufficient to pay and discharge the entire indebtedness on such Securities not theretofore delivered to the Trustee for cancellation, for principal (and premium, if any) and interest to the date of such deposit (in the case of Securities which have become due and payable) or to the Stated Maturity or Redemption Date, as the case may be;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) the Company or the Guarantor has paid or caused to be paid all other sums payable hereunder by the Company; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3) the Company has delivered to the Trustee an Officer's Certificate and an Opinion of Counsel each stating that all conditions precedent herein provided for relating to the satisfaction and discharge of this Indenture have been complied with.

Notwithstanding the satisfaction and discharge of this Indenture, the obligations of the Company and the Guarantor to the Trustee under Section 607, the obligations of the Company and the Guarantor to any Authenticating Agent under Section 614 and, if money shall have been deposited with the Trustee pursuant to subclause (B) of clause (1) of this Section, the obligations of the Trustee under Section 402 and the last paragraph of Section 1006 shall survive.

Section 402. *Application of Trust Money.*

Subject to the provisions of the last paragraph of Section 1006, all money and the proceeds of any U.S. Government Obligations deposited with the Trustee pursuant to Section 401 or 403 shall be held in trust and applied by it, in accordance with the provisions of the Securities and this Indenture, to the payment, either directly or through any Paying Agent (including the Company or the Guarantor acting as Paying Agent) as the Trustee may determine, of the principal (and premium, if any) and interest to the Holders of the series of Securities for the payment in respect of which such money has been deposited with the Trustee.

The Company or the Guarantor shall pay and indemnify the Trustee against any tax, fee or other charge imposed on or assessed against the U.S. Government Obligations deposited pursuant to Section 403 or the principal and interest received in respect thereof other than any such tax, fee or other charge which by law is for the account of the Holders of Outstanding Securities. The obligations of the Company and the Guarantor pursuant to this paragraph shall be joint and several.

Anything in this Article to the contrary notwithstanding, the Trustee shall deliver or pay to the Company or the Guarantor from time to time upon Company Request any money or U.S. Government Obligations held by it as provided in Section 403 with respect to any Securities which, in the opinion of a nationally recognized firm of independent public accountants expressed in a written certification thereof delivered to the Trustee, are in excess of the amount thereof which would then be required to be deposited to effect the Discharge or Covenant Defeasance, as the case may be, with respect to such Securities.

Section 403. *Defeasance Upon Deposit of Moneys or U.S. Government Obligations.*

At the Guarantor's option, either (a) the Company and the Guarantor shall each be deemed to have been Discharged (as defined below) from its respective obligations with respect to any series of Securities on the 91st day after the applicable conditions set forth below have been satisfied or (b) the Company and the Guarantor shall cease to be under any obligation to comply with any term, provision or condition set forth in Sections 801 or 802 or any covenant set forth in any indenture supplemental to this Indenture or otherwise established pursuant to Section 301, and noncompliance with such Sections or covenants shall not give rise to any Event of Default under Section 501(4) or under Section 501(6) ("Covenant Defeasance"), with respect to any series of Securities at any time after the applicable conditions set forth below have been satisfied:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) the Company or the Guarantor shall have deposited or caused to be deposited irrevocably with the Trustee or its agent as trust funds in trust, specifically pledged as security for, and dedicated solely to, the benefit of the Holders of the Securities of such series (i) money in an amount, or (ii) U.S. Government Obligations which through the payment of interest and principal in respect thereof in accordance with their terms will provide, not later than the due date of any payment, money in an amount, or (iii) a combination of (i) and (ii), sufficient, in the opinion (with respect to (ii) and (iii)) of a nationally recognized firm of independent public accountants expressed in a written certification thereof delivered to the Trustee, to pay and discharge each installment of principal (including mandatory sinking fund payments) of and interest on, the outstanding Securities of such series on the dates such installments of interest or principal are due or to and including the Redemption Date irrevocably designated by the Guarantor pursuant to subparagraph (5) hereof;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) if the Securities of such series are then listed on the New York Stock Exchange, the Company or the Guarantor shall have delivered to the Trustee an Opinion of Counsel to the effect that the exercise of the option under this Section 403 would not cause such Securities to be delisted;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3) no Event of Default or event which with notice or lapse of time would become an Event of Default under Section 501(1), (2), (3) or (5) with respect to the Securities of such series shall have occurred and be continuing on the date of such deposit;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4) the Company or the Guarantor shall have delivered to the Trustee an Opinion of Counsel to the effect that holders of the Securities of such series will not recognize income, gain or loss for U.S. Federal income tax purposes as a result of the exercise of the option under this Section 403 and will be subject to U.S. Federal income tax on the same amount and in the same manner and at the same times as would have been the case if such option had not been exercised, and, in the case of Securities being Discharged, such opinion shall be accompanied by a private letter ruling to that effect received from the United States Internal Revenue Service or a revenue ruling pertaining to a comparable form of transaction to that effect published by the United States Internal Revenue Service;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5) if the Company or the Guarantor has deposited or caused to be deposited money or U.S. Government Obligations to pay or discharge the principal of (and premium, if any) and interest on the Outstanding Securities of a series to and including a Redemption Date pursuant to subparagraph (1) hereof, such Redemption Date shall be irrevocably designated by a Board Resolution delivered to the Trustee on or prior to the date of deposit of such money or U.S. Government Obligations and such Board Resolution shall be accompanied by an irrevocable Company Request that the Trustee give notice of such redemption in the name and at the expense of the Company not less than 30 nor more than 60 days prior to such Redemption Date in accordance with Section 1104; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6) the Company or the Guarantor shall have delivered to the Trustee an Officer's Certificate and an Opinion of Counsel, each stating that all conditions precedent with respect to such Discharge or Covenant Defeasance have been complied with.

"Discharged" means that the Company and Guarantor shall be deemed to have paid and discharged the entire indebtedness represented by, and obligations under, the Securities of such series and the Guarantee relating thereto and to have satisfied all the obligations under this Indenture relating to the Securities of such series and the Guarantee relating thereto (and the Trustee, at the expense of the

Company, shall execute proper instruments acknowledging the same), except (A) the rights of holders of Securities of such series to receive, from the trust fund described in clause (1) above payment of the principal of and the interest on such Securities when such payments are due; (B) the Company's or the Guarantor's obligations, as the case may be, with respect to such Securities under Sections 305, 306, 1002, 1005 and 1006; and (C) the rights, powers, trusts, duties and immunities of the Trustee hereunder.

Notwithstanding any Covenant Defeasance with respect to Sections 801 and 802, any corporation or Person that would otherwise have been required to assume the obligations of the Company or the Guarantor pursuant to said Sections shall be required, as a condition to any merger, consolidation, amalgamation, transfer, conveyance or lease contemplated thereby, to assume the obligations of the Company or the Guarantor, as the case may be, to the Trustee under Sections 402 and 607.

In the event that Securities in respect of which the Company or the Guarantor has deposited or caused to be deposited money or U.S. Government Obligations to pay or discharge the principal (and premium, if any) and interest on the Outstanding Securities of a series do not mature and are not redeemed within the 60-day period commencing with the date of such deposit of moneys or U.S. Government Obligations, as aforesaid, the Company or the Guarantor shall, as promptly as practicable following the end of such 60-day period, give or cause to give a notice, in the same manner as a notice of redemption with respect to such Securities, to the Holders of Securities to the effect that such deposit has been made and the effect thereof; *provided*, *however*, that any failure to so give such notice or any defect therein shall not affect the validity of the proceedings for any Discharge or Covenant Defeasance related to such deposit.

**Article Five<br> REMEDIES**

Section 501. *Events of Default.*

"Event of Default", wherever used herein with respect to Securities of a particular series, means any one of the following events (whatever the reason for such Event of Default and whether it shall be voluntary or involuntary or be effected by operation of law or pursuant to any judgment, decree or order of any court or any order, rule or regulation of any administrative or governmental body):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) default in the payment of any interest upon any Security of that series when it becomes due and payable, and continuance of such default for a period of 30 days; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) default in the payment of the principal of (or premium, if any, on) any Security of that series at its Maturity; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3) default in the deposit of any sinking fund payment, when and as due by the terms of a Security of that series; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4) default in the performance, or breach, of any covenant or warranty of the Company or the Guarantor in this Indenture (other than a covenant or warranty a default in whose performance or whose breach is elsewhere in this Section specifically dealt with or which has expressly been included in this Indenture solely for the benefit of series of Securities other than that series), and continuance of such default or breach for a period of 90 days after there has been given, by registered or certified mail, to the Company and the Guarantor by the Trustee or to the Company, the Guarantor and the Trustee by the Holders of at least 25% in principal amount of the Outstanding Securities of that series a written notice specifying such default or breach and requiring it to be remedied and stating that such notice is a "Notice of Default" hereunder; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5) the Company or the Guarantor applies for the appointment of a conciliator (*conciliateur*) or enters into an amicable settlement (*accord amiable*) with its creditors or is subject to a judgment ordering liquidation proceedings (*liquidation judiciaire*) or the transfer of its entire business (*cession totale de l'entreprise*), or is in state of mandatory suspension of payments (*cessation de paiements*) or is made the object of bankruptcy proceedings (*procédure collective ou de faillite*), or takes any similar action or is subject to any similar proceedings under any applicable bankruptcy, insolvency, reorganization or similar law of the Company's or the Guarantor's jurisdiction of incorporation if it is other than the Republic of France; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6) the Guarantee is not (or is claimed by the Guarantor not to be) in full force or effect in respect of such Securities; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7) any other Event of Default provided with respect to Securities of that series.

Upon receipt by the Trustee of any Notice of Default pursuant to this Section 501, (i) with respect to Securities of a series all or part of which is represented by a Global Security, a record date shall be established, which record date shall be at the close of business on the day the Trustee receives such Notice of Default, and (ii) with respect to any other series of Securities, the Trustee may, but shall not be obligated to, establish a record date, in each case for the purpose of determining Holders of Outstanding Securities of such series entitled to join in such Notice of Default. If such record date is fixed, the Holders on such record date, or their duly designated proxies, and only such Persons, shall be entitled to join in such Notice of Default, whether or not such Holders remain Holders after such record date; *provided*, *however*, that unless Holders of at least the requisite principal amount (which amount shall be 25% in the case of subclause (4) of this Section) of the Outstanding Securities of such series, or their proxies, shall have joined in such Notice of Default prior to the day which is 90 days after such record date, such Notice of Default and the Act of Holders, or their proxies, joining in such Notice of Default shall automatically and without further action by any Holders be cancelled and of no effect. Nothing in this paragraph shall prevent a Holder, or a proxy of a Holder, from giving, (i) after expiration of such 90-day period, a new Notice of Default to the same effect as that cancelled pursuant to the proviso to the preceding sentence, or (ii) during any such 90-day period in respect of any Notice of Default with respect to a prospective Event of Default with respect to Securities of such series, an additional Notice of Default with respect to any other prospective Event of Default (other than a prospective Event of Default as to which such a 90-day period has not expired) with respect to Securities of such series, in either of which events a new record date shall or may, as the case may be, be established pursuant to the provisions of this Section 501 in respect of such new or additional Notice of Default.

Section 502. *Acceleration of Maturity; Rescission and Annulment.*

If an Event of Default with respect to Securities of any series at the time Outstanding occurs and is continuing, then in every such case the Trustee or the Holders of not less than 25% in principal amount of the Outstanding Securities of that series may declare the principal amount (or, if the Securities of that series are Original Issue Discount Securities, such portion of the principal amount as may be specified in the terms of that series) of all of the Securities of that series to be due and payable immediately, by a notice in writing to the Company and the Guarantor (and to the Trustee if given by Holders), and upon any such declaration such principal amount (or specified amount) shall become immediately due and payable.

At any time after such a declaration of acceleration with respect to Securities of any series has been made and before a judgment or decree for payment of the money due has been obtained by the Trustee as hereinafter in this Article provided, the Holders of a majority in principal amount of the Outstanding Securities of that series, by written notice to the Company, the Guarantor and the Trustee, may rescind and annul such declaration and its consequences if:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) the Company or the Guarantor has paid or deposited with the Trustee a sum sufficient to pay

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(A) all overdue interest on all Securities of that series,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(B) the principal of (and premium, if any, on) any Securities of that series which have become due otherwise than by such declaration of acceleration and interest thereon at the rate or rates prescribed therefor in such Securities,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(C) to the extent that payment of such interest is lawful, interest upon overdue interest at the rate or rates prescribed therefor in such Securities, and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(D) all sums paid or advanced by the Trustee hereunder and the reasonable compensation, expenses, disbursements and advances of the Trustee, its agents and counsel;

and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) all Events of Default with respect to Securities of that series, other than the non-payment of the principal of Securities of that series which have become due solely by such declaration of acceleration, have been cured or waived as provided in Section 513.

No such rescission shall affect any subsequent default or impair any right consequent thereon.

Upon receipt by the Trustee of any written notice declaring such an acceleration, or rescission and annulment thereof, (i) with respect to Securities of a series all or part of which is represented by a Global Security, a record date shall be established, which record date shall be at the close of business on the day the Trustee receives such notice, and (ii) with respect to any other series of Securities, the Trustee may, but shall not be obligated to, establish a record date, in each case for the purpose of determining Holders of Outstanding Securities of such series entitled to join in such notice. If such record date is fixed, the Holders on such record date, or their duly designated proxies, and only such Persons, shall be entitled to join in such notice, whether or not such Holders remain Holders after such record date; *provided*, *however*, that unless such declaration of acceleration, or rescission and annulment, as the case may be, shall have become effective by virtue of the requisite percentage having joined in such notice prior to the day which is 90 days after such record date, such notice of declaration of acceleration, or rescission and annulment, as the case may be, and the Act of Holders, or their proxies, joining in such notice shall automatically and without further action by any Holders be cancelled and of no effect. Nothing in this paragraph shall prevent a Holder, or a proxy of a Holder, of Securities of any series from giving, (i) after expiration of such 90-day period, a new written notice of declaration of acceleration, or rescission and annulment thereof, as the case may be, to the same effect as that cancelled pursuant to the proviso to the preceding sentence, or (ii) during any such 90-day period in respect of any written notice of declaration of acceleration or rescission and annulment thereof, as the case may be, with respect to any Event of Default with respect to Securities of such series, an additional written notice of declaration of acceleration, or rescission and annulment thereof, as the case may be, with respect to any other Event of Default (other than an Event of Default as to which such a 90-day period has not expired) with respect to Securities of such series, in either of which events a new record date shall or may, as the case may be, be established pursuant to the provisions of this Section 502 in respect of such new or additional written notice.

Section 503. *Collection of Indebtedness and Suits for Enforcement by Trustee.*

The Company covenants that if:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) default is made in the payment of any interest on any Security when such interest becomes due and payable and such default continues for a period of 30 days, or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) default is made in the payment of the principal of (or premium, if any, on) any Security at the Maturity thereof,

the Company will, upon demand of the Trustee, pay to it, for the benefit of the Holders of such Securities, the whole amount then due and payable on such Securities for principal (and premium, if any) and interest, and, to the extent that payment of such interest shall be legally enforceable, interest on any overdue principal (and premium, if any) and on any overdue interest, at the rate or rates prescribed therefor in such Securities, and, in addition thereto, such further amount as shall be sufficient to cover the costs and expenses of collection, including the reasonable compensation, expenses, disbursements and advances of the Trustee, its agents and counsel.

If the Company fails to pay such amounts forthwith upon such demand, the Trustee, in its own name and as trustee of an express trust, may institute a judicial proceeding for the collection of the sums so due and unpaid, may prosecute such proceeding to judgment or final decree and may enforce the same against the Company, the Guarantor or any other obligor upon such Securities and collect the moneys adjudged or decreed to be payable in the manner provided by law out of the property of the Company, the Guarantor or any other obligor upon such Securities, wherever situated.

If an Event of Default with respect to Securities of any series occurs and is continuing, the Trustee may in its discretion proceed to protect and enforce its rights and the rights of the Holders of Securities of such series by such appropriate judicial proceedings as the Trustee shall deem most effectual to protect and enforce any such rights, whether for the specific enforcement of any covenant or agreement in this Indenture or in aid of the exercise of any power granted herein, or to enforce any other proper remedy.

Section 504. *Trustee May File Proofs of Claim.*

In case of the pendency of any receivership, insolvency, liquidation, bankruptcy, reorganization, arrangement, adjustment, composition or other similar judicial proceeding relative to the Company, the Guarantor or any other obligor upon the Securities or the property of the Company, the Guarantor or of such other obligor or their creditors, the Trustee (irrespective of whether the principal of the Securities shall then be due and payable as therein expressed or by declaration or otherwise and irrespective of whether the Trustee shall have made any demand on the Company or the Guarantor for the payment of overdue principal or interest) shall be entitled and empowered, by intervention in such proceeding or otherwise, to take any and all actions authorized under the Trust Indenture Act in order to have claims of the Holders and the Trustee allowed in any such proceeding. In particular, the Trustee shall be authorized,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) to file and prove a claim for the whole amount of principal (and premium, if any) and interest owing and unpaid in respect of the Securities in accordance with the terms thereof and to file such other papers or documents as may be necessary or advisable in order to have the claims of the Trustee (including any claim for the reasonable compensation, expenses, disbursements and advances of the Trustee, its agents and counsel) and of the Holders allowed in such judicial proceeding, and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) to collect and receive any moneys or other property payable or deliverable on any such claims and to distribute the same;

and any custodian, receiver, assignee, trustee, liquidator, sequestrator or other similar official in any such judicial proceeding is hereby authorized by each Holder to make such payments to the Trustee and, in the event that the Trustee shall consent to the making of such payments directly to the Holders, to pay to the Trustee any amount due it for the reasonable compensation, expenses, disbursements and advances of the Trustee, its agents and counsel, and any other amounts due the Trustee under Section 607.

Nothing herein contained shall be deemed to authorize the Trustee to authorize or consent to or accept or adopt on behalf of any Holder any plan of reorganization, arrangement, adjustment or composition affecting the Securities or the rights of any Holder thereof or to authorize the Trustee to vote in respect of the claim of any Holder in any such proceeding.

Section 505. *Trustee May Enforce Claims Without Possession of Securities.*

All rights of action and claims under this Indenture or the Securities may be prosecuted and enforced by the Trustee without the possession of any of the Securities or the production thereof in any proceeding relating thereto, and any such proceeding instituted by the Trustee shall be brought in its own name as trustee of an express trust, and any recovery of judgment shall, after provision for the payment of the reasonable compensation, expenses, disbursements and advances of the Trustee, its agents and counsel, be for the ratable benefit of the Holders of the Securities in respect of which such judgment has been recovered.

Section 506. *Application of Money Collected.*

Any money or property collected by the Trustee pursuant to this Article or otherwise distributable in respect of the Company's or Guarantor's obligations hereunder shall be applied in the following order, at the date or dates fixed by the Trustee and, in case of the distribution of such money on account of principal (or premium, if any) or interest, upon presentation of the Securities and the notation thereon of the payment if only partially paid and upon surrender thereof if fully paid:

FIRST: To the payment of all amounts due the Trustee (including any predecessor Trustee) under Section 607 and any and all amounts due and owing hereunder; and

SECOND: To the payment of the amounts then due and unpaid for principal of (and premium, if any) and interest on the Securities in respect of which or for the benefit of which such money has been collected, ratably, without preference or priority of any kind, according to the amounts due and payable on such Securities for principal (and premium, if any) and interest, respectively

Section 507. *Limitation on Suits.*

No Holder of any Security of any series shall have any right to institute any proceeding, judicial or otherwise, with respect to this Indenture, or for the appointment of a receiver or trustee, or for any other remedy hereunder, unless:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) such Holder has previously given written notice to the Trustee of a continuing Event of Default with respect to the Securities of that series;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) the Holders of not less than 25% in principal amount of the Outstanding Securities of that series shall have made written request to the Trustee to institute proceedings in respect of such Event of Default in its own name as Trustee hereunder;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3) such Holder or Holders have offered to the Trustee reasonable indemnity against the costs, expenses and liabilities to be incurred in compliance with such request;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4) the Trustee for 60 days after its receipt of such notice, request and offer of indemnity has failed to institute any such proceeding; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5) no direction inconsistent with such written request has been given to the Trustee during such 60-day period by the Holders of a majority in principal amount of the Outstanding Securities of that series;

it being understood and intended that no one or more of such Holders shall have any right in any manner whatever by virtue of, or by availing of, any provision of this Indenture to affect, disturb or prejudice the rights of any other of such Holders, or to obtain or to seek to obtain priority or preference over any other of such Holders or to enforce any right under this Indenture, except in the manner herein provided and for the equal and ratable benefit of all of such Holders.

Section 508. *Unconditional Right of Holders to Receive Principal, Premium and Interest.*

Notwithstanding any other provision in this Indenture, the Holder of any Security shall have the right, which is absolute and unconditional, to receive payment of the principal of (and premium, if any) and (subject to Section 307) interest on such Security on the Stated Maturity or Maturities expressed in such Security (or, in the case of redemption, on the Redemption Date) and to institute suit for the enforcement of any such payment, and such rights shall not be impaired without the consent of such Holder.

Section 509. *Restoration of Rights and Remedies.*

If the Trustee or any Holder has instituted any proceeding to enforce any right or remedy under this Indenture and such proceeding has been discontinued or abandoned for any reason, or has been determined adversely to the Trustee or to such Holder, then and in every such case, subject to any determination in such proceeding, the Company and the Guarantor shall be restored severally and respectively to their former positions hereunder and thereafter all rights and remedies of the Trustee and the Holders shall continue as though no such proceeding had been instituted.

Section 510. *Rights and Remedies Cumulative.*

Except as otherwise provided with respect to the replacement or payment of mutilated, destroyed, lost or stolen Securities in the last paragraph of Section 306, no right or remedy herein conferred upon or reserved to the Trustee or to the Holders is intended to be exclusive of any other right or remedy, and every right and remedy shall, to the extent permitted by law, be cumulative and in addition to every other right and remedy given hereunder or now or hereafter existing at law or in equity or otherwise. The assertion or employment of any right or remedy hereunder, or otherwise, shall not prevent the concurrent assertion or employment of any other appropriate right or remedy.

Section 511. *Delay or Omission Not Waiver.*

No delay or omission of the Trustee or of any Holder of any Securities to exercise any right or remedy accruing upon any Event of Default shall impair any such right or remedy or constitute a waiver of any such Event of Default or an acquiescence therein. Every right and remedy given by this Article or by law to the Trustee or to the Holders may be exercised from time to time, and as often as may be deemed expedient, by the Trustee or by the Holders, as the case may be.

Section 512. *Control by Holders.*

The Holders of a majority in principal amount of the Outstanding Securities of any series shall have the right to direct the time, method and place of conducting any proceeding for any remedy available to the Trustee, or exercising any trust or power conferred on the Trustee, with respect to the Securities of such series, *provided* that:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) such direction shall not be in conflict with any rule of law or with this Indenture;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) the Trustee may take any other action deemed proper by the Trustee which is not inconsistent with such direction; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3) subject to the provisions of Section 601, the Trustee shall have the right to decline to follow any such direction if the Trustee in good faith shall, by a Responsible Officer or Officers of the Trustee, determine that the proceeding so directed would involve the Trustee in personal liability.

Upon receipt by the Trustee of any written notice directing the time, method or place of conducting any such proceeding or exercising any such trust or power, (i) with respect to Securities of a series all or part of which is represented by a Global Security, a record date shall be established, which record date shall be at the close of business on the day the Trustee receives such notice, and (ii) with respect to any other series of Securities, the Trustee may, but shall not be obligated to, establish a record date, in each case for the purpose of determining Holders of Outstanding Securities of such series entitled to join in such notice. If such record date is fixed, the Holders on such record date, or their duly designated proxies, and only such Persons, shall be entitled to join in such notice, whether or not such Holders remain Holders after such record date; *provided*, *however*, that unless the Holders of not less than a majority in principal amount of the Outstanding Securities of such series shall have joined in such notice prior to the date which is 90 days after such record date, such notice and the Act of Holders, or their proxies, joining in such notice shall automatically and without further action by any Holders be cancelled and of no effect. Nothing in this paragraph shall prevent a Holder, or a proxy of a Holder, from giving, (i) after expiration of such 90-day period, a new notice to the same effect as that cancelled pursuant to the proviso to the preceding sentence, or (ii) during any such 90-day period in respect of any notice, a new notice giving directions contrary to or otherwise different from such notice in either of which events a new record date shall or may, as the case may be, be established pursuant to the provisions of this Section 512 in respect of such new notice.

Section 513. *Waiver of Past Defaults.*

The Holders of not less than a majority in principal amount of the Outstanding Securities of any series may on behalf of the Holders of all the Securities of such series waive any past default hereunder with respect to such series and its consequences, except a default:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) in the payment of the principal and (or premium, if any) or interest on any Security of such series; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) in respect of covenant or provision hereof which under Article Nine cannot be modified or amended without the consent of the Holder of each Outstanding Security of such series affected.

With respect to any series of Securities, the Company may, but shall not be obligated to, establish a record date for the purpose of determining the Persons entitled to waive any past default hereunder. If a record date is fixed, the Holders on such record date, or their duly designated proxies, and only such Persons, shall be entitled to waive any default hereunder, whether or not such Holders remain Holders after such record date; *provided*, *however*, that unless such Holders of not less than a majority in principal amount of the Outstanding Securities of such series shall have waived such default prior to the date which is 90 days after such record date, any such waiver previously given shall automatically and without further action by any Holder be cancelled and of no effect.

Upon any such waiver, such default shall cease to exist and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Indenture; but no such waiver shall extend to any subsequent or other default or impair any right consequent thereon.

Section 514. *Undertaking for Costs.*

All parties to this Indenture agree, and each Holder of any Security by his acceptance thereof shall be deemed to have agreed, that any court may in its discretion require, in any suit for the enforcement of any right or remedy under this Indenture, or in any suit against the Trustee for any action taken, suffered or omitted by it as Trustee, the filing by any party litigant in such suit of an undertaking to pay the costs of such suit, and that such court may in its discretion assess reasonable costs, in the manner and to the extent provided in the Trust Indenture Act; *provided* that this Section shall not be deemed to authorize any court to require such an undertaking or to make such an assessment in any suit instituted by the Company, the Guarantor or the Trustee.

Section 515. *Waiver of Stay or Extension Laws.*

The Company and the Guarantor each covenants (to the extent that it may lawfully do so) that it will not at any time insist upon, or plead, or in any manner whatsoever claim or take the benefit or advantage of, any stay or extension law wherever enacted, now or at any time hereafter in force, which may affect the covenants or the performance of this Indenture; and the Company and the Guarantor each (to the extent that it may lawfully do so) hereby expressly waives all benefit or advantage of any such law and covenants that it will not hinder, delay or impede the execution of any power herein granted to the Trustee, but will suffer and permit the execution of every such power as though no such law had been enacted.

**Article Six<br> THE TRUSTEE**

Section 601. *Certain Duties and Responsibilities.*

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Except during the continuance of an Event of Default,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) the Trustee undertakes to perform such duties and only such duties as are specifically set forth in this Indenture, and no implied covenants or obligations shall be read into this Indenture against the Trustee; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) in the absence of bad faith on its part, the Trustee may conclusively rely, as to the truth of the statements and the correctness of the opinions expressed therein, upon certificates or opinions furnished to the Trustee and conforming to the requirements of this Indenture; but in the case of any such certificates or opinions which by any provision hereof are specifically required to be furnished to the Trustee, the Trustee shall be under a duty to examine the same to determine whether or not they conform to the requirements of this Indenture (but need not confirm or investigate the accuracy of mathematical calculations or other facts, statements, opinions or conclusions stated therein).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) In case an Event of Default has occurred and is continuing, the Trustee shall exercise such of the rights and powers vested in it by this Indenture, and use the same degree of care and skill in their exercise, as a prudent person would exercise or use under the circumstances in the conduct of his or her own affairs.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) No provision of this Indenture shall be construed to relieve the Trustee from liability for its own negligent action, its own negligent failure to act, or its own willful misconduct, except that:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) this Subsection shall not be construed to limit the effect of Subsection (a) or (d) of this Section 601;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) the Trustee shall not be liable for any error of judgment made in good faith by a Responsible Officer, unless it shall be proved that the Trustee was negligent in ascertaining the pertinent facts; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3) the Trustee shall not be liable with respect to any action taken or omitted to be taken by it in good faith in accordance with the direction of the Holders of a majority in principal amount of the Outstanding Securities of any series, determined as provided in Sections 101, 104 and 512, in relation to the time, method and place of conducting any proceeding for any remedy available to the Trustee, or exercising any trust or power conferred upon the Trustee, under this Indenture with respect to the Securities of such series.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) No provision of this Indenture shall require the Trustee to expend or risk its own funds or otherwise incur any financial liability in the performance of any of its duties hereunder, or in the exercise of any of its rights or powers, if it shall have reasonable grounds for believing that repayment of such funds or adequate indemnity against such risk of liability is not reasonably assured to it.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) Whether or not therein expressly so provided, every provision of this indenture relating to the conduct or affecting the liability of or affording protection to the Trustee shall be subject to the provision of this Section 601.

Section 602. *Notice of Defaults.*

Within 90 days after the receipt of actual written Notice of Default by a Responsible Officer of the Trustee notifying it of any default, except in the case of a default in the payment of the principal of (or premium, if any) or interest on any Security of such series or in the payment of any sinking fund installment with respect to Securities of such series, hereunder with respect to the Securities of any series, the Trustee shall transmit by mail to all Holders of Securities of such series, as their names and addresses appear in the Security Register, notice of all such defaults hereunder, unless such default shall have been cured or waived; *provided*, *however*, that, except in the case of a default in the payment of the principal of (or premium, if any) or interest on any Security of such series or in the payment of any sinking fund installment with respect to Securities of such series, the Trustee shall be protected in withholding such notice if and so long as the board of directors, the executive committee or a trust committee of directors or Responsible Officers of the Trustee in good faith determine that the withholding of such notice is in the interest of the Holders of Securities of such series; and provided, further, that, in the case of any default of the character specified in Section 501(4) with respect to Securities of such series, no such notice to Holders shall be given until at least 30 days after the occurrence thereof. For the purpose of this Section, the term "default" means any event which is, or after notice or lapse of time or both would become, an Event of Default with respect to Securities of such series.

Section 603. *Certain Rights of Trustee.*

Subject to the provisions of Section 601:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) the Trustee may conclusively rely and shall be fully protected in acting or refraining from acting upon any resolution, certificate, statement, instrument, opinion, report, notice, request, direction, consent, order, bond, debenture, note, other evidence of indebtedness or other paper or document believed by it to be genuine and to have been signed or presented by the proper party or parties;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) any request or direction of the Company or the Guarantor mentioned herein shall be sufficiently evidenced by a Company Request or Company Order and any resolution of the Board of Managers of the Company or the Board of Directors of the Guarantor shall be sufficiently evidenced by a Board Resolution;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) whenever in the administration of this Indenture the Trustee shall deem it desirable that a matter be proved or established prior to taking, suffering or omitting any action hereunder, the Trustee (unless other evidence be herein specifically prescribed) may, in the absence of bad faith on its part, conclusively rely upon an Officer's Certificate;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) the Trustee may consult with counsel and the written advice of such counsel or any Opinion of Counsel shall be full and complete authorization and protection in respect of any action taken, suffered or omitted by it hereunder in good faith and in reliance thereon;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) the Trustee shall be under no obligation to exercise any of the rights or powers vested in it by this Indenture at the request or direction of any of the Holders pursuant to this Indenture, unless such Holders shall have offered to the Trustee reasonable security or indemnity against the costs, expenses and liabilities which might be incurred by it in compliance with such request or direction;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f) the Trustee shall not be bound to make any investigation into the facts or matters stated in any resolution, certificate, statement, instrument, opinion, report, notice, request, direction, consent, order, bond, debenture, note, other evidence of indebtedness or other paper or document, but the Trustee, in its discretion, may make such further inquiry or investigation into such facts or matters as it may see fit, and, if the Trustee shall determine to make such further inquiry or investigation, it shall be entitled to examine the relevant books, records and premises of the Company and the Guarantor, personally or by agent or attorney;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(g) the Trustee may execute any of the trusts or powers hereunder or perform any duties hereunder either directly or by or through agents or attorneys and the Trustee shall not be responsible for any misconduct or negligence on the part of any agent or attorney appointed with due care by it hereunder;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(h) the Trustee shall not be liable for any action taken, suffered, or omitted to be taken by it in good faith and reasonably believed by it to be authorized or within the discretion or rights or powers conferred upon it by this Indenture;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) the Trustee shall not be deemed to have notice or be charged with knowledge of any default (within the meaning of such term as defined in Section 602) or Event of Default with respect to the Securities of any series unless a Responsible Officer of the Trustee receives at the Corporate Trust Office a written notice of such default or Event of Default, as the case may be, from the Company or any Holder of such Securities and such notice references such Securities and this Indenture;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(j) the rights, privileges, protections, immunities and benefits herein given to the Trustee, including, without limitation, its right to be indemnified, are extended to, and shall be enforceable by, the Trustee in each of its capacities hereunder;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(k) the Trustee may request that the Company deliver an Officer's Certificate setting forth the names of individuals and/or titles of officers authorized at such time to take specified actions pursuant to this Indenture, which Officer's Certificate may be signed by any person authorized to sign an Officer's Certificate, including any person specified as so authorized in any such certificate previously delivered and not superseded;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(l) anything in this Indenture notwithstanding, in no event shall the Trustee be liable for special, indirect or consequential loss or damage of any kind whatsoever (including, but not limited to, loss of profit), even if the Trustee has been advised as to the likelihood of such loss or damage and regardless of the form of action;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(m) the Trustee shall not be responsible or liable for any failure or delay in the performance of its obligations under this Indenture arising out of or caused, directly or indirectly, by circumstances beyond its control, including, without limitation, acts of God; earthquakes; fire; flood; terrorism; wars and other military disturbances; sabotage; epidemics; riots; interruptions, loss or malfunctions of utilities, computer (hardware or software) or communication services; accidents; labor disputes; acts of civil or military authority and governmental action; *provided* that the Trustee shall use reasonable efforts which are consistent with accepted practices in the banking industry to resume performance as soon as practicable under the circumstances;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(n) the Company covenants and represents that

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) neither it nor any of its affiliates, subsidiaries, directors or officers are the target or subject of any sanctions enforced by the US Government, (including, the Office of Foreign Assets Control of the US Department of the Treasury ("OFAC")), the United Nations Security Council, the European Union, or HM Treasury (collectively "Sanctions"), and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) neither they nor any of their affiliates, subsidiaries, directors or officers will use any payments made pursuant to this Indenture, (i) to fund or facilitate any prohibited activities of or business with any person who, at the time of such funding or facilitation, is the subject or target of Sanctions, (ii) to fund or facilitate any prohibited activities of or business with any country or territory that is the target or subject of Sanctions, or (iii) in any other manner that will result in a violation of Sanctions by any person; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(o) the permissive right of the Trustee to take action hereunder shall not be construed as a duty.

Section 604. *Not Responsible for Recitals or Issuance of Securities.*

The recitals contained herein and in the Securities, except the Trustee's certificates of authentication, shall be taken as the statements of the Company or the Guarantor, and the Trustee or any Authenticating Agent assumes no responsibility for their correctness. The Trustee makes no representations as to the validity or sufficiency of this Indenture or of the Securities. The Trustee or any Authenticating Agent shall not be accountable for the use or application by the Company of Securities or the proceeds thereof.

Section 605. *May Hold Securities.*

The Trustee, any Authenticating Agent, any Paying Agent, any Security Registrar or any other agent of the Company or the Guarantor, in its individual or any other capacity, may become the owner or pledgee of Securities and, subject to Sections 608 and 613, may otherwise deal with the Company and the Guarantor with the same rights it would have if it were not Trustee, Authenticating Agent, Paying Agent, Security Registrar or such other agent.

Section 606. *Money Held in Trust.*

Money held by the Trustee in trust hereunder need not be segregated from other funds except to the extent required by law. The Trustee shall be under no liability for interest on, or to invest, any money received by it hereunder except as otherwise agreed with the Company or the Guarantor, as the case may be.

Section 607. *Compensation and Reimbursement.*

The Company and the Guarantor agree:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) to pay to the Trustee from time to time reasonable compensation for all services rendered by it hereunder (which compensation shall not be limited by any provision of law in regard to the compensation of a trustee of an express trust);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) except as otherwise expressly provided herein, to reimburse the Trustee upon its request for all reasonable expenses, disbursements and advances incurred or made by the Trustee in accordance with any provision of this Indenture (including the reasonable compensation and the expenses and disbursements of its agents and counsel), except any such expense, disbursement or advance as may be attributable to its negligence, willful misconduct or bad faith; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3) to indemnify the Trustee for, and to hold it harmless against, any and all loss, damage, claims, liability or expense, including taxes (other than taxes based upon, measured by or determined by the income of the Trustee), arising out of or in connection with the acceptance or administration of the trust or trusts hereunder, including the costs and expenses of defending itself against any claim (whether asserted by the Company, or any Holder or any other Person) or liability in connection with the exercise or performance of any of its powers or duties hereunder, or in connection with enforcing the provisions of this Section, except to the extent that such loss, damage, claim, liability or expense is due to its own negligence, willful misconduct or bad faith.

As security for the performance of the obligations of the Company under this Section, the Trustee shall have a lien prior to the Securities upon all property and funds held or collected by the Trustee as such, except funds held in trust for the payment of principal of (and premium, if any) or interest on particular Securities.

The obligations of the Company and the Guarantor under this Section shall be joint and several.

The provisions of this Section shall survive the resignation or removal of the Trustee and the satisfaction and discharge of this Indenture and the termination for any reason of the Indenture.

If the Trustee is required by applicable law to render services in connection with an Event of Default pursuant to Section 501(5), the parties hereto agree that the relevant fees and expenses in connection with such services are intended to constitute administrative expenses in any bankruptcy proceeding, subject to any applicable bankruptcy, insolvency, reorganization or similar law of the Company's or the Guarantor's jurisdiction of incorporation.

"Trustee" for the purposes of this Section 607 shall include any predecessor Trustee; *provided*, *however*, that the negligence, willful misconduct or bad faith of any Trustee hereunder shall not affect the rights of any other Trustee hereunder.

Section 608. *Disqualification; Conflicting Interests.*

If the Trustee has or shall acquire a conflicting interest within the meaning of the Trust Indenture Act, the Trustee shall, as soon as practicable and in any event within 90 days after ascertaining that it has such conflicting interest, and if the Event of Default (as defined in Section 501 hereof) to which such conflicting interest relates has not been cured or duly waived or otherwise eliminated before the end of such 90-day period, either eliminate such conflicting interest or resign to the extent and in the manner provided by, and subject to the provisions of, the Trust Indenture Act and this Indenture. To the extent permitted by such Act, the Trustee shall not be deemed to have a conflicting interest by virtue of being a trustee under this Indenture with respect to Securities of more than one series or by virtue of being a trustee under this Indenture and under any indenture listed in Schedule 608 hereto.

Section 609. *Corporate Trustee Required; Eligibility.*

There shall at all times be one and only one Trustee hereunder with respect to the Securities of each series, which may be a Trustee hereunder for Securities of one or more other series. Each Trustee shall be a Person that is eligible pursuant to the Trust Indenture Act to act as such, and has a combined capital and surplus of at least $50,000,000, subject to supervision or examination by Federal or state authority. If such Person publishes reports of condition at least annually, pursuant to law or to the requirements of said supervising or examining authority, then for the purposes of this Section and to the extent permitted by the Trust Indenture Act, the combined capital and surplus of such Person shall be deemed to be its combined capital and surplus as set forth in its most recent report of condition so published. If at any time the Trustee with respect to the Securities of any series shall cease to be eligible in accordance with the provisions of this Section, it shall resign immediately in the manner and with the effect hereinafter specified in this Article.

Section 610. *Resignation and Removal; Appointment of Successor.*

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) No resignation or removal of the Trustee and no appointment of a successor Trustee pursuant to this Article shall become effective until the acceptance of appointment by the successor Trustee in accordance with the applicable requirements of Section 611.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) The Trustee may resign at any time with respect to the Securities of one or more series by giving written notice thereof to the Company. If the instrument of acceptance by a successor Trustee required by Section 611 shall not have been delivered to the Trustee within 30 days after the giving of such notice of resignation or removal, the resigning or removed Trustee or the Company may petition any court of competent jurisdiction for the appointment of a successor Trustee with respect to the Securities of such series.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) In accordance with the requirements of Section 315(e) of the Trust Indenture Act, the Trustee may be removed at any time with respect to the Securities of any series by Act of the Holders of a majority in principal amount of the Outstanding Securities of such series, delivered to the Trustee and to the Company and the Guarantor.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) If at any time:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) the Trustee shall fail to comply with Section 608 after written request therefor by the Company or the Guarantor or by any Holder who has been a bona fide Holder of a Security for at least six months, or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) the Trustee shall cease to be eligible under Section 609 and shall fail to resign after written request therefor by the Company or the Guarantor or by any such Holder, or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3) the Trustee shall become incapable of acting or shall be adjudged a bankrupt or insolvent or a receiver of the Trustee or of its property shall be appointed or any public officer shall take charge or control of the Trustee or of its property or affairs for the purpose of rehabilitation, conservation or liquidation,

then, in any such case, (i) the Company by a Board Resolution may remove the Trustee with respect to all Securities, or (ii) subject to Section 514, any Holder who has been a bona fide Holder of a Security for at least six months may, subject to the requirements of the Trust Indenture Act on behalf of himself and all others similarly situated, petition any court of competent jurisdiction for the removal of the Trustee with respect to all Securities and the appointment of a successor Trustee or Trustees.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) If the Trustee shall resign, be removed or become incapable of acting, or if a vacancy shall occur in the office of Trustee for any cause, with respect to the Securities of one or more series, the Company, by a Board Resolution, shall promptly appoint a successor Trustee or Trustees with respect to the Securities of that or those series (it being understood that any such successor Trustee may be appointed with respect to the Securities of one or more or all of such series and that at any time there shall be only one Trustee with respect to the Securities of any particular series) and shall comply with the applicable requirements of Section 611. If, within one year after such resignation, removal or incapability, or the occurrence of such vacancy, a successor Trustee with respect to the Securities of any series shall be appointed by Act of the Holders of a majority in principal amount of the Outstanding Securities of such series delivered to the Company and the Guarantor and the retiring Trustee, the successor Trustee so appointed shall, forthwith upon its acceptance of such appointment in accordance with the applicable requirements of Section 611, become the successor Trustee with respect to the Securities of such series and to that extent supersede the successor Trustee appointed by the Company. If no successor Trustee with respect to the Securities of any series shall have been so appointed by the Company or the Holders and accepted appointment in the manner required by Section 611, any Holder who has been a bona fide Holder of a Security of such series for at least six months may, on behalf of himself and all others similarly situated, petition any court of competent jurisdiction for the appointment of a successor Trustee with respect to the Securities of such series.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f) The Company shall give notice of each resignation and each removal of the Trustee with respect to the Securities of any series and each appointment of a successor Trustee with respect to the Securities of any series by mailing written notice of such event by first-class mail, postage prepaid, to all Holders of Securities of such series as their names and addresses appear in the Security Register. Each notice shall include the name of the successor Trustee with respect to the Securities of such series and the address of its Corporate Trust Office.

Section 611. *Acceptance of Appointment by Successor.*

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) In case of the appointment hereunder of a successor Trustee with respect to all Securities, every such successor Trustee so appointed shall execute, acknowledge and deliver to the Company, the Guarantor and to the retiring Trustee an instrument accepting such appointment, and thereupon the resignation or removal of the retiring Trustee shall become effective and such successor Trustee, without any further act, deed or conveyance, shall become vested with all the rights, powers, trusts and duties of the retiring Trustee; but, on the request of the Company, the Guarantor or the successor Trustee, such retiring Trustee shall, upon payment of its charges, execute and deliver an instrument transferring to such successor Trustee all the rights, powers and trusts of the retiring Trustee and shall duly assign, transfer and deliver to such successor Trustee all property and money held by such retiring Trustee hereunder, subject nevertheless to its lien provided for in Section 607.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) In case of the appointment hereunder of a successor Trustee with respect to the Securities of one or more (but not all) series, the Company, the Guarantor, the retiring Trustee and each successor Trustee with respect to the Securities of one or more series shall execute and deliver an indenture supplemental hereto wherein each successor Trustee shall accept such appointment and which (1) shall contain such provisions as shall be necessary or desirable to transfer and confirm to, and to vest in, each successor Trustee all the rights, powers, trusts and duties of the retiring Trustee with respect to the Securities of that or those series to which the appointment of such successor Trustee relates, (2) if the retiring Trustee is not retiring with respect to all Securities, shall contain such provisions as shall be deemed necessary or desirable to confirm that all the rights, powers, trusts and duties of the retiring Trustee with respect to the Securities of that or those series as to which the retiring Trustee is not retiring shall continue to be vested in the retiring Trustee, and (3) shall add to or change any of the provisions of this Indenture as shall be necessary to provide for or facilitate the administration of the trusts hereunder by more than one Trustee, it being understood that nothing herein or in such supplemental indenture shall constitute such Trustees co-trustees of the same trust and that each such Trustee shall be trustee of a trust or trusts hereunder separate and apart from any trust or trusts hereunder administered by any other such Trustee; and upon the execution and delivery of such supplemental indenture the resignation or removal of the retiring Trustee shall become effective to the extent provided therein and each such successor Trustee, without any further act, deed or conveyance, shall become vested with all the rights, powers, trusts and duties of the retiring Trustee with respect to the Securities of that or those series to which the appointment of such successor Trustee relates; but, on request of the Company and the Guarantor or any successor Trustee, such retiring Trustee shall duly assign, transfer and deliver to such successor Trustee all property and money held by such retiring Trustee hereunder with respect to the Securities of that or those series to which the appointment of such successor Trustee relates, subject nevertheless, to its lien provided for in Section 607.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) Upon request of any such successor Trustee, the Company and the Guarantor shall execute any and all instruments for more fully and certainly vesting in and confirming to such successor Trustee all such rights, powers and trusts referred to in paragraph (a) or (b) of this Section, as the case may be.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) No successor Trustee shall accept its appointment unless at the time of such acceptance such successor Trustee shall be qualified and eligible under the requirements of the Trust Indenture Act.

Section 612. *Merger, Consolidation or Succession to Business.*

Any Person into which the Trustee may be merged or with which it may be consolidated, or any Person resulting from any merger or consolidation to which the Trustee shall be a party, or any Person succeeding to all or substantially all the corporate trust business of the Trustee, shall be the successor of the Trustee hereunder, *provided* such Person shall be otherwise qualified under the requirements of the Trust Indenture Act and eligible under this Article, without the execution or filing of any paper or any further act on the part of any of the parties hereto. In case any Securities shall have been authenticated, but not delivered, by the Trustee then in office, any successor by merger, conversion or consolidation to such authenticating Trustee may adopt such authentication and deliver the Securities so authenticated with the same effect as if such successor Trustee had itself authenticated such Securities.

Section 613. *Preferential Collection of Claims Against Company.*

If and when the Trustee shall be or become a creditor of the Company, the Guarantor or any other obligor upon the Securities, the Trustee shall be subject to the provisions of the Trust Indenture Act regarding the collection of claims against the Company, the Guarantor or other such obligor.

Section 614. *Co-trustees and Separate Trustees.*

At any time or times, for the purpose of meeting the legal requirements of any applicable jurisdiction, the Company and the Trustee shall have power to appoint, and, upon the written request of the Trustee or of the Holders of at least 33% in principal amount of the Securities then Outstanding, the Company shall for such purpose join with the Trustee in the execution and delivery of all instruments and agreements necessary or proper to appoint, one or more Persons approved by the Trustee either to act as co- trustee, jointly with the Trustee, or to act as separate trustee, in either case with such powers as may be provided in the instrument of appointment, and to vest in such Person or Persons, in the capacity aforesaid, any property, title, right or power deemed necessary or desirable, subject to the other provisions of this Section. If the Company does not join in such appointment within 15 days after the receipt by it of a request so to do, or if an Event of Default shall have occurred and be continuing, the Trustee alone shall have power to make such appointment.

Should any written instrument or instruments from the Company reasonably be required by any co-trustee or separate trustee so appointed to more fully confirm to such co-trustee or separate trustee such property, title, right or power, any and all such instruments shall, on written request, be executed, acknowledged and delivered by the Company.

Every co-trustee or separate trustee shall, except as prohibited by applicable law, be appointed subject to the following conditions:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) the Securities shall be authenticated and delivered, and all rights, powers, duties and obligations hereunder in respect of the custody of securities, cash and other personal property held by, or required to be deposited or pledged with, the Trustee hereunder, shall be exercised solely, by the Trustee;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) the rights, powers, duties and obligations hereby conferred or imposed upon the Trustee in respect of any property covered by such appointment shall be conferred or imposed upon and exercised or performed either by the Trustee or by the Trustee and such co-trustee or separate trustee jointly, as shall be provided in the instrument appointing such co-trustee or separate trustee, except to the extent that under any law of any jurisdiction in which any particular act is to be performed, the Trustee shall be incompetent or unqualified to perform such act, in which event such rights, powers, duties and obligations shall be exercised and performed by such co-trustee or separate trustee;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) the Trustee at any time, by an instrument in writing executed by it, with the written concurrence of the Company, may accept the resignation of or remove any co-trustee or separate trustee appointed under this Section, and, if an Event of Default shall have occurred and is continuing, the Trustee shall have power to accept the resignation of, or remove, any such co-trustee or separate trustee without the concurrence of the Company. Upon the written request of the Trustee, the Company shall join with the Trustee in the execution and delivery of all instruments and agreements necessary or proper to effectuate such resignation or removal, the Company's joining not to be unreasonably withheld. A successor to any co-trustee or separate trustee so resigned or removed may be appointed in the manner provided in this Section;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) except as otherwise indicated in the instrument of appointment, no co-trustee or separate trustee hereunder shall be personally liable by reason of any act or omission of the Trustee, or any other such trustee hereunder; and, except as otherwise indicated in the instrument of appointment and in any event subject to Section 601 hereof, the Trustee shall not be personally liable by reason of any act or omission of any other such trustee hereunder that has been approved with due care by the Trustee; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) any Act of Holders delivered to the Trustee shall be deemed to have been delivered to each such co-trustee and separate trustee.

Section 615. *Appointment of Authenticating Agent.*

At any time when any of the Securities remain Outstanding the Trustee may appoint an Authenticating Agent or Agents with respect to one or more series of Securities which shall be authorized to act on behalf of the Trustee to authenticate Securities of such series issued upon exchange, registration of transfer or partial redemption thereof or pursuant to Section 306, and Securities so authenticated shall be entitled to the benefits of this Indenture and shall be valid and obligatory for all purposes as if authenticated by the Trustee hereunder. Wherever reference is made in this Indenture to the authentication and delivery of Securities by the Trustee or the Trustee's certificate of authentication, such reference shall be deemed to include authentication and delivery on behalf of the Trustee by an Authenticating Agent and a certificate of authentication executed on behalf of the Trustee by an Authenticating Agent. Each Authenticating Agent shall be acceptable to the Company and shall at all times be a corporation organized and doing business under the laws of the United States of America, any state thereof or the District of Columbia, authorized under such laws to act as Authenticating Agent, having a combined capital and surplus of not less than $50,000,000 and subject to supervision or examination by Federal or state authority. If such Authenticating Agent publishes reports of condition at least annually, pursuant to law or to the requirements of said supervising or examining authority, then for the purposes of this Section, the combined capital and surplus of such Authenticating Agent shall be deemed to be its combined capital and surplus as set forth in its most recent report of condition so published. If at any time an Authenticating Agent shall cease to be eligible in accordance with the provisions of this Section, such Authenticating Agent shall resign immediately in the manner and with the effect specified in this Section.

Any corporation into which an Authenticating Agent may be merged or converted or with which it may be consolidated, or any corporation resulting from any merger, conversion or consolidation to which such Authenticating Agent shall be a party, or any corporation succeeding to the corporate agency or corporate trust business of an Authenticating Agent, shall continue to be an Authenticating Agent, *provided* such corporation shall be otherwise eligible under this Section, without the execution or filing of any paper or any further act on the part of the Trustee or the Authenticating Agent.

An Authenticating Agent may resign at any time by giving written notice thereof to the Trustee and to the Company. The Trustee may at any time terminate the agency of an Authenticating Agent by giving written notice thereof to such Authenticating Agent and to the Company. Upon receiving such a notice of resignation or upon such a termination, or in case at any time such Authenticating Agent shall cease to be eligible in accordance with the provisions of this Section, the Trustee may appoint a successor Authenticating Agent which shall be acceptable to the Company and shall mail written notice of such appointment by first-class mail, postage prepaid, to all Holders of Securities of the series with respect to which such Authenticating Agent will serve, as their names and addresses appear in the Security Register. Any successor Authenticating Agent upon acceptance of its appointment hereunder shall become vested with all the rights, powers and duties of its predecessor hereunder, with like effect as if originally named as an Authenticating Agent. No successor Authenticating Agent shall be appointed unless eligible under the provisions of this Section.

The Company and the Guarantor agree to pay to each Authenticating Agent from time to time reasonable compensation for its services under this Section.

If an appointment with respect to one or more series is made pursuant to this Section, the Securities of such series may have endorsed thereon, in addition to the Trustee's certificate of authentication, an alternate certificate of authentication in the following form:

This is one of the Securities of the series designated herein referred to in the within-mentioned Indenture.

---

| | |
|:---|:---|
| THE BANK OF NEW YORK MELLON, | THE BANK OF NEW YORK MELLON, |
| *As Trustee* | *As Trustee* |
| By | |
|  | *As Authenticating Agent* |
| By | |
|  | *Authorized Signatory* |

---

**Article Seven<br> HOLDERS' LISTS AND REPORTS BY TRUSTEE, COMPANY AND GUARANTOR**

Section 701. *Company and Guarantor to Furnish Trustee Names and Addresses of Holders.*

The Company will furnish or cause to be furnished to the Trustee

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) semi-annually, not more than 15 days after each Regular Record Date for any series of Securities at the time Outstanding (or after each of the dates to be specified for such purpose for non-interest bearing Securities as contemplated by Section 301), a list, in such form as the Trustee may reasonably require, of the names and addresses of the Holders of Securities of such series as of such Regular Record Date, and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) at such other times as the Trustee may request in writing, within 30 days after the receipt by the Company or the Guarantor of any such request, a list of similar form and content as of a date not more than 15 days prior to the time such list is furnished;

*excluding* from any such list names and addresses received by the Trustee in its capacity as Security Registrar.

Section 702. *Preservation of Information; Communications to Holders.*

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) The Trustee shall preserve, in as current a form as is reasonably practicable, the names and addresses of Holders contained in the most recent list furnished to the Trustee as provided in Section 701 and the names and addresses of Holders received by the Trustee in its capacity as Security Registrar. The Trustee may destroy any list furnished to it as provided in Section 701 upon receipt of a new list so furnished.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) The rights of Holders to communicate with other Holders with respect to their rights under this Indenture or under the Securities, and the corresponding rights and privileges of the Trustee, shall be as provided by the Trust Indenture Act.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) Every Holder of Securities, by receiving and holding the same, agrees with the Company, the Guarantor and the Trustee that neither the Company nor the Guarantor nor the Trustee nor any agent of any of them shall be held accountable by reason of any disclosure of information as to the names and addresses of the Holders made pursuant to the Trust Indenture Act.

Section 703. *Reports by Trustee.*

If and to the extent required by Section 313 of the Trust Indenture Act:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) The Trustee shall, within 60 days after each January 15 following the date of this Indenture, transmit annually by mail to all Holders, as their names and addresses appear in the Security Register, a brief report with respect to any of the following events which may have occurred within the previous 12 months (but if no such event has occurred within such period, no such report need be transmitted):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) any change to its eligibility under Section 609 and its qualifications under Section 608;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) the creation of or any material change to a relationship specified in Section 310(b)(1) through Section 310(b)(10) of the Trust Indenture Act;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3) the character and amount of any advances (and if the Trustee elects so to state, the circumstances surrounding the making thereof) made by the Trustee (as such) which remain unpaid on the date of such report, and for the reimbursement of which it claims or may claim a lien or charge, prior to that of the Securities, on any property or funds held or collected by it as Trustee, except that the Trustee shall not be required (but may elect) to report such advances to the Holders of Securities of any series if such advances so remaining unpaid aggregate not more than 1/2 of 1% of the principal amount of the Securities of such series Outstanding on the date of such report;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4) any change to the amount, interest rate and maturity date of all other indebtedness owing by the Company or the Guarantor (or by any other obligor on the Securities) to the Trustee in its individual capacity, on the date of such report, with a brief description of any property held as collateral security therefor, except an indebtedness based upon a creditor relationship arising in any manner described in Section 311(b) (2), (3), (4) or (6) of the Trust Indenture Act;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5) any change to the property and funds, if any, physically in the possession of the Trustee as such on the date of such report;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6) any additional issue of Securities which the Trustee has not previously reported; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7) any action taken by the Trustee in the performance of its duties hereunder which it has not previously reported and which in its opinion materially affects the Securities, except action in respect of a default, notice of which has been or is to be withheld by the Trustee in accordance with Section 602.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) The Trustee shall transmit by mail to all Holders, as their names and addresses appear in the Security Register, a brief report with respect to the character and amount of any advances (and if the Trustee elects so to state, the circumstances surrounding the making thereof) made by the Trustee (as such) since the date of the last report transmitted pursuant to Subsection (a) of this Section (or if no such report has yet been so transmitted, since the date of execution of this instrument) for the reimbursement of which it claims or may claim a lien or charge, prior to that of the Securities, on property or funds held or collected by it as Trustee and which it has not previously reported pursuant to this Subsection, except that the Trustee shall not be required (but may elect) to report such advances to the Holders of Securities of any series if such advances remaining unpaid at any time aggregate 10% or less of the principal amount of the Securities of such series Outstanding at such time, such report to be transmitted within 90 days after such time.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) A copy of each such report shall, at the time of such transmission to Holders, be filed by the Trustee with each stock exchange upon which any Securities are listed, with the Commission and with the Company and the Guarantor. The Company will notify the Trustee when any Securities are listed on any stock exchange.

Section 704. *Reports by Company and Guarantor.*

The Company and the Guarantor shall:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) file with the Trustee, within 15 days after the Company or the Guarantor, as the case may be, is required to file the same with the Commission, copies of the annual reports and of the information, documents and other reports (or copies of such portions of any of the foregoing as the Commission may from time to time by rules and regulations prescribe) which the Company or the Guarantor may be required to file with the Commission pursuant to Section 13 or Section 15(d) of the Exchange Act; or, if the Company or the Guarantor is not required to file information, documents or reports pursuant to either of said Sections, then it shall file with the Trustee and the Commission, in accordance with rules and regulations prescribed from time to time by the Commission, such of the supplementary and periodic information, documents and reports which may be required pursuant to Section 13 of the Exchange Act in respect of a security listed and registered on a national securities exchange as may be prescribed from time to time in such rules and regulations;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) file with the Trustee and the Commission, such information, documents and other reports, and such summaries thereof, as may be required pursuant to the Trust Indenture Act at the times and in the manner provided in such Act; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3) transmit by mail to all Holders, as their names and addresses appear in the Security Register, within 30 days after the filing thereof with the Trustee, such summaries of any information, documents and reports required to be filed by the Company or the Guarantor, as the case may be, pursuant to paragraphs (1) and (2) of this Section as may be required by rules and regulations prescribed from time to time by the Commission.

Delivery of such reports, information and documents to the Trustee pursuant to this Section 704 is for informational purposes only and the Trustee's receipt of such shall not constitute constructive notice of any information contained therein or determinable from information contained therein, including the Company's compliance with any of its covenants hereunder (as to which the Trustee is entitled to rely exclusively on Officer's Certificates).

**Article Eight<br> CONSOLIDATION, AMALGAMATION, MERGER, CONVEYANCE, TRANSFER OR LEASE;<br> SUBSTITUTION**

Section 801. *Company or Guarantor May Consolidate, Etc., Only on Certain Terms.*

Neither the Company nor the Guarantor shall consolidate with or amalgamate with or merge into any other corporation or convey, transfer or lease its properties and assets substantially as an entirety to any Person, and neither the Company nor the Guarantor shall permit any Person to consolidate or amalgamate with or merge into it nor shall the Company permit any Person to convey, transfer or lease its properties and assets substantially as an entirety to the Company, unless:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) in case the Company or the Guarantor, as the case may be, shall consolidate or amalgamate with or merge into another corporation or convey, transfer or lease its properties and assets substantially as an entirety to any Person, the corporation formed by such consolidation or amalgamation or into which the Company or the Guarantor, as the case may be, is merged or the Person which acquires by conveyance or transfer, or which leases, the properties and assets of the Company or the Guarantor, as the case may be, substantially as an entirety shall be a corporation organized and validly existing under the laws of the applicable jurisdiction, and shall expressly assume, by an indenture supplemental hereto, executed and delivered to the Trustee, in form satisfactory to the Trustee, or shall assume by operation of law, in the case of the Company, the due and punctual payment of the principal of (and premium, if any) and interest on all the Securities and the performance of every covenant of this Indenture on the part of the Company to be performed or observed, and, in the case of the Guarantor, the due and punctual performance of the Guarantee and the performance of every covenant of this Indenture on the part of the Guarantor to be performed or observed;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) immediately after giving effect to such transaction and treating any indebtedness which becomes an obligation of the Company or the Guarantor, as the case may be, or any of its Subsidiaries as a result of such transaction as having been incurred by the Company or the Guarantor, as the case may be, or such Subsidiary at the time of such transaction, no Event of Default, and no event which, after notice or lapse of time or both, would become an Event of Default, shall have happened and be continuing; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3) the Company or the Guarantor, as the case may be, has delivered to the Trustee an Officer's Certificate and an Opinion of Counsel, each stating that such consolidation, amalgamation, merger, conveyance, transfer or lease and, if a supplemental indenture is required in connection with such transaction, such supplemental indenture comply with this Article and that all conditions precedent herein provided for relating to such transaction have been complied with.

Section 802. *Substitution of the Company on Certain Terms.*

The Guarantor or any Subsidiary of the Guarantor may assume the obligations of the Company under any of the Securities, in whole or in part, and the Company shall, with respect to such Securities, be relieved of all its obligations and covenants under this Indenture and the Securities, *provided* that:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) the Guarantor or such Subsidiary shall expressly assume, by an indenture supplemental hereto, executed and delivered to the Trustee, in form satisfactory to the Trustee, the due and punctual payment of the principal of (and premium, if any) and interest on all the Securities and the performance of every covenant of this Indenture on the part of the Company to be performed or observed;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) immediately after giving effect to such transaction and treating any indebtedness which becomes an obligation of the Company or any of its Subsidiaries as a result of such transaction as having been incurred by the Company or such Subsidiary at the time of such transaction, no Event of Default, and no event which, after notice or lapse of time or both, would become an Event of Default, shall have happened and be continuing; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3) the Company has delivered to the Trustee an Officer's Certificate and an Opinion of Counsel, each stating that such substitution of the Company and such supplemental indenture, complies with this Article and that all conditions precedent herein provided for relating to such transaction have been complied with.

If the Guarantor assumes the obligations of the Company in respect of any Securities and under this Indenture to the extent relating to such Securities, in whole (but not in part), the Guarantee of the Guarantor with respect to such Securities shall terminate without any requirement that any action be taken by the Company, the Guarantor or the Trustee.

Section 803. *Reserved.*

Section 804. *Successor Corporation Substituted.*

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Notwithstanding the provisions of article L. 228-72 and L. 228-73 of the French Commercial Code with respect to the Guarantor, upon any consolidation or amalgamation by the Company or the Guarantor, as the case may be, with or merger by the Company or the Guarantor, as the case may be, into any other corporation or any conveyance, transfer or lease of the properties and assets of the Company or the Guarantor, as the case may be, substantially as an entirety in accordance with Section 801, the successor corporation formed by such consolidation or amalgamation or into which the Company or the Guarantor, as the case may be, is merged or to which such conveyance, transfer or lease is made shall succeed to, and be substituted for, and may exercise every right and power of, the Company or the Guarantor, as the case may be, under this Indenture with the same effect as if such successor corporation had been named as the Company or the Guarantor, as the case may be, herein, and thereafter, except in the case of a lease, the predecessor corporation shall be relieved of all obligations and covenants under this Indenture and the Securities or the Guarantee, as the case may be.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Upon any assumption pursuant to Section 802 by the Guarantor or any Subsidiary of the Guarantor of obligations of the Company, the Guarantor or such Subsidiary, as the case may be, shall, to the extent of such assumption, succeed to, and be substituted for, and may exercise every right and power of, the Company under this Indenture with the same effect as if the Guarantor or such Subsidiary, as the case may be, had been named herein as the Company, and thereafter the Company shall be relieved of all obligations and covenants under this Indenture and the Securities, in each case to the extent of such assumption.

**Article Nine<br> SUPPLEMENTAL INDENTURES**

Section 901. *Supplemental Indentures Without Consent of Holders.*

Without the consent of any Holders, the Company, when authorized by a Board Resolution, the Guarantor, when authorized by or pursuant to a Board Resolution and the Trustee, at any time and from time to time, may enter into one or more indentures supplemental hereto, in form satisfactory to the Trustee, for any of the following purposes:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) to evidence the succession of another corporation, including as substitute obligor, to the Company or the Guarantor and the assumption by any such successor of the covenants of the Company or the Guarantor herein and in the Securities or the Guarantee; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) to add to the covenants of the Company or of the Guarantor for the benefit of the Holders of all or any series of Securities (and if such covenants are to be for the benefit of less than all series of Securities, stating that such covenants are expressly being included solely for the benefit of such series) or to surrender any right or power herein conferred upon the Company or the Guarantor; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3) to add any additional Events of Default for the benefit of the Holders of all or any series of Securities (and if such additional Events of Default are to be for the benefit of less than all series of Securities, stating that such additional Events of Default are expressly being included solely for the benefit of such series); or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4) to add any additional present, future or contingent payment obligation of the Guarantor under the Guarantee or any future guarantee for the benefit of the Holders of all or any series of Securities (and if such additional payment obligations are to be for the benefit of less than all series of Securities, stating that such additional payment obligations are expressly being included solely for the benefit of such series); or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5) to add to or change any of the provisions of this Indenture to such extent as shall be necessary to permit or facilitate the issuance of Securities in bearer form, registrable or not registrable as to principal, and with or without interest coupons, or to permit or facilitate the issuance of Securities in uncertificated form; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6) to add to, change or eliminate any of the provisions of this Indenture in respect of one or more series of Securities, *provided*, *however*, that any such addition, change or elimination shall become effective only when there is no Security Outstanding of any series created prior to the execution of such supplemental indenture which is entitled to the benefit of such provision; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7) to establish the form or terms of Securities of any series or the form of the Guarantee as permitted by Sections 201 and 301; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(8) to evidence and provide for the acceptance of appointment hereunder by a successor Trustee with respect to the Securities of one or more series and to add to or change any of the provisions of this Indenture as shall be necessary to provide for or facilitate the administration of the trusts hereunder by more than one Trustee, pursuant to the requirements of Section 611(b); or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(9) to cure any ambiguity, or to correct or supplement any provision herein which may be defective or inconsistent with any other provision herein; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(10) to make any other provisions with respect to matters or questions arising under this Indenture, *provided*, *however*, that such action shall not adversely affect the interests of the Holders of Securities of any series in any material respect.

Section 902. *Supplemental Indentures with Consent of Holders.*

With the consent of the Holders of not less than a majority in principal amount of the Outstanding Securities of each series affected by such supplemental indenture, by Act of said Holders delivered to the Company, the Guarantor and the Trustee, the Company, when authorized by a Board Resolution, the Guarantor, when authorized by or pursuant to a Board Resolution, and the Trustee may enter into an indenture or indentures supplemental hereto for the purpose of adding any provisions to or changing in any manner or eliminating any of the provisions of this Indenture or of modifying in any manner the rights of the Holders of Securities of such series under this Indenture; *provided*, *however*, that no such supplemental indenture shall, without the consent of the Holder of each Outstanding Security affected thereby,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) change the Stated Maturity of the principal of, or any installment of principal of or interest on, any Security, or reduce the principal amount thereof or the rate of interest thereon or any premium payable upon the redemption thereof, or reduce the amount of the principal of an Original Issue Discount Security or any other Security that would be due and payable upon a declaration of acceleration of the Maturity thereof pursuant to Section 502, or change any Place of Payment where, or the coin or currency in which, any Security or any premium or the interest thereon is payable, or impair the right to institute suit for the enforcement of any such payment on or after the Stated Maturity thereof (or, in the case of redemption, on or after the Redemption Date), or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) reduce the percentage in principal amount of the Outstanding Securities of any series, the consent of whose Holders is required for any such supplemental indenture, or the consent of whose Holders is required for any waiver (of compliance with certain provisions of this Indenture or certain defaults hereunder and their consequences) provided for in this Indenture, or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3) modify any of the provisions of this Section, Section 513 or Section 1009, except to increase any such percentage or to provide that certain other provisions of this Indenture cannot be modified or waived without the consent of the Holder of each Outstanding Security affected thereby, *provided*, *however*, that this clause shall not be deemed to require the consent of any Holder with respect to changes in the references to "the Trustee" and concomitant changes in this Section and Section 1009, or the deletion of this proviso, in accordance with the requirements of Sections 611(b) and 901(8), or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4) change in any manner adverse to the interests of the Holders of Securities the terms and conditions of the obligations of the Guarantor in respect of the due and prompt payment of the principal thereof (and premium, if any) and interest thereon or any sinking fund payments provided in respect thereof.

A supplemental indenture which changes or eliminates any covenant or other provision of this Indenture which has expressly been included solely for the benefit of one or more particular series of Securities, or which modifies the rights of the Holders of Securities of such series with respect to such covenant or other provision, shall be deemed not to affect the rights under this Indenture of the Holders of Securities of any other series.

With respect to any series of Securities, the Company may, but shall not be obligated to, establish a record date for the purpose of determining the Persons entitled to consent to any indenture supplemental hereto. If a record date is fixed, the Holders on such record date, or their duly designated proxies, and only such Persons, shall be entitled to consent to such supplemental indenture, whether or not such Holders remain Holders after such record date; *provided*, *however,* that unless such consent shall have become effective by virtue of the requisite percentage having been obtained prior to the date which is 90 days after such record date, any such consent previously given shall automatically and without further action by any Holder be cancelled and of no effect.

It shall not be necessary for any Act of Holders under this Section to approve the particular form of any proposed supplemental indenture, but it shall be sufficient if such Act shall approve the substance thereof.

Section 903. *Execution of Supplemental Indentures.*

Section 904. *Effect of Supplemental Indentures.*

Upon the execution of any supplemental indenture under this Article, this Indenture shall be modified in accordance therewith, and such supplemental indenture shall form a part of this Indenture for all purposes; and every Holder of Securities theretofore or thereafter authenticated and delivered hereunder shall be bound thereby.

Section 905. *Conformity with Trust Indenture Act.*

Every supplemental indenture executed pursuant to this Article shall conform to the requirements of the Trust Indenture Act.

Section 906. *Reference in Securities to Supplemental Indentures.*

Securities of any series authenticated and delivered after the execution of any supplemental indenture pursuant to this Article may, and shall if required by the Trustee, bear a notation in form approved by the Trustee as to any matter provided for in such supplemental indenture. If the Company and the Guarantor shall so determine, new Securities of any series so modified as to conform, in the opinion of the Trustee, the Company and the Guarantor, to any such supplemental Indenture may be prepared and executed by the Company, with the text of the Guarantee endorsed thereon, and such Securities may be authenticated and delivered by the Trustee in exchange for Outstanding Securities of such series.

**Article Ten<br> PARTICULAR COVENANTS OF COMPANY AND GUARANTOR**

Section 1001. *Payment of Principal, Premium and Interest by Company.*

The Company covenants and agrees for the benefit of each series of Securities that it will duly and punctually pay the principal of (and premium, if any) and interest on the Securities of that series in accordance with the terms of the Securities and this Indenture.

Section 1002. *Maintenance of Office or Agency by Company.*

The Company will maintain in each Place of Payment for any series of Securities an office or agency where Securities of that series may be presented or surrendered for payment, where Securities of that series may be surrendered for registration of transfer or exchange and where notices and demands to or upon the Company in respect of the Securities of that series and this Indenture may be served. The Company will give prompt written notice to the Trustee of the location, and any change in the location, of such office or agency. If at any time the Company shall fail to maintain any such required office or agency or shall fail to furnish the Trustee with the address thereof, such presentations, surrenders, notices and demands may be made or served at the Corporate Trust Office of the Trustee, and the Company hereby appoints the Trustee as its agent to receive all such presentations, surrenders, notices and demands.

The Company may also from time to time designate one or more other offices or agencies where the Securities of one or more series may be presented or surrendered for any or all such purposes or where such notices or demands may be served and may from time to time rescind such designations; *provided, however*, that no such designation or rescission shall in any manner relieve the Company of its obligation to maintain an office or agency in each Place of Payment for Securities of any series for such purposes. The Company will give prompt written notice to the Trustee of any such designation or rescission and of any change in the location of any such other office or agency.

Section 1003. *Reserved.*

Section 1004. *Reserved.*

Section 1005. *Maintenance of Office or Agency by Guarantor.*

The Guarantor will maintain in each Place of Payment for any series of Securities an office or agency where Securities of that series may be presented or surrendered for payment under the Guarantee and where notices and demands to or upon the Guarantor in respect of the Guarantee of the Securities of that series and this Indenture may be served. The Guarantor will give prompt written notice to the Trustee of the location, and any change in the location, of such office or agency. If at any time the Guarantor shall fail to maintain any such required office or agency or shall fail to furnish the Trustee with the address thereof, such presentations, surrenders, notices and demands may be made or served at the Corporate Trust Office of the Trustee, and the Guarantor hereby appoints the Trustee as its agent to receive all such presentations, surrenders, notices and demands.

The Guarantor may also from time to time designate one or more other offices or agencies where the Securities of one or more series may be presented or surrendered for such purpose or where such notices or demands may be served and may from time to time rescind such designations; *provided, however,* that no such designation or rescission shall in any manner relieve the Guarantor of its obligation to maintain an office or agency in each Place of Payment for Securities of any series for such purposes. The Guarantor will give prompt written notice to the Trustee of any such designation or rescission and of any change in the location of any such other office or agency.

Section 1006. *Money for Securities Payments to Be Held in Trust.*

If the Company or the Guarantor shall at any time act as Paying Agent with respect to any series of Securities, it will, on or before each due date of the principal of (and premium, if any) or interest on any of the Securities of that series, segregate and hold in trust for the benefit of the Persons entitled thereto a sum sufficient to pay the principal (and premium, if any) or interest so becoming due until such sums shall be paid to such Persons or otherwise disposed of as herein provided and will promptly notify the Trustee of its action or failure so to act.

Whenever the Company shall have one or more Paying Agents for any series of Securities, it will, prior to each due date of the principal of (and premium, if any) or interest on any Securities of that series, deposit with a Paying Agent a sum sufficient to pay the principal (and premium, if any) or interest so becoming due, such sum to be held as provided by the Trust Indenture Act, and (unless such Paying Agent is the Trustee) the Company will promptly notify the Trustee of its action or failure so to act.

The Company will cause each Paying Agent for any series of Securities other than the Trustee to execute and deliver to the Trustee an instrument in which such Paying Agent shall agree with the Trustee, subject to the provisions of this Section, that such Paying Agent will:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) comply with the provisions of the Trust Indenture Act applicable to it as a Paying Agent and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) during the continuance of any default by the Company (or any other obligor on the Securities of that series) in the making of any payment in respect of the Securities of that series, upon the written request of the Trustee, forthwith pay to the Trustee all sums held in trust by such Paying Agent for payment in respect of the Securities of such series.

The Company may at any time, for the purpose of obtaining the satisfaction and discharge of this Indenture or for any other purpose, pay, or by Company Order direct any Paying Agent to pay, to the Trustee all sums held in trust by the Company or such Paying Agent, such sums to be held by the Trustee upon the same trusts as those upon which such sums were held by the Company or such Paying Agent; and, upon such payment by any Paying Agent to the Trustee, such Paying Agent shall be released from all further liability with respect to such money.

Any money deposited with the Trustee or any Paying Agent, or then held by the Company or the Guarantor, in trust for the payment of the principal of (and premium, if any) or interest on any Security of any series and remaining unclaimed for two years after such principal (and premium, if any) or interest has become due and payable shall be paid to the Company or the Guarantor, as the case may be, on Company Request, or (if then held by the Company or the Guarantor) shall be discharged from such trust; and the Holder of such Security shall thereafter, as an unsecured general creditor, look only to the Company and the Guarantor for payment thereof, and all liability of the Trustee or such Paying Agent with respect to such trust money, and all liability of the Company or the Guarantor as trustee thereof, shall thereupon cease; *provided, however,* that the Trustee or such Paying Agent, before being required to make any such repayment, may at the expense of the Company cause to be published once, in a newspaper published in the English language, customarily published on each Business Day and of general circulation in the Borough of Manhattan, The City of New York, New York, notice that such money remains unclaimed and that, after a date specified therein, which shall not be less than 30 days from the date of such publication, any unclaimed balance of such money then remaining will be repaid to the Company or the Guarantor, as the case may be.

Section 1007. *Corporate Existence.*

Subject to Article Eight, the Company and the Guarantor will preserve and keep in full force and effect their respective corporate existences.

Section 1008. *Statement by Executive Officer as to Compliance; Statement as to Default.*

The Company and the Guarantor will each deliver to the Trustee, within 120 days after the end of each fiscal year of the Guarantor ending after the date hereof, an Executive Officer's Certificate (which need not comply with the requirements of Section 102), stating whether or not to the best knowledge of the signers thereof the Company or the Guarantor, as the case may be, has complied with all conditions and covenants on their part contained in this Indenture, and if such signers have obtained knowledge of any default by the Company or the Guarantor in the performance, observance or fulfillment of any such condition or covenant, specifying all such defaults and the nature and status thereof of which they may have knowledge. For the purpose of this Section 1008, such compliance with the terms, conditions and covenants of the Indenture shall be determined without regard to any period of grace or requirement of notice provided hereunder.

The Company shall deliver to the Trustee, as soon as possible and in any event within fifteen days after the Company becomes aware of the occurrence of any Event of Default or an event which, with notice or the lapse of time or both, would constitute an Event of Default, an Officer's Certificate setting forth the details of such Event of Default or default and the action which the Company proposes to take with respect thereto.

Section 1009. *Waiver of Certain Covenants.*

The Company and the Guarantor may omit in any particular instance to comply with any term, provision or condition set forth in any covenant set forth in any indenture supplemental to this Indenture or otherwise established pursuant to Section 301 with respect to the Securities of any series if before the time for such compliance the Holders of at least a majority in principal amount of the Outstanding Securities of such series shall, by Act of such Holders, either waive such compliance in such instance or generally waive compliance with such term, provision or condition, but no such waiver shall extend to or affect such term, provision or condition except to the extent so expressly waived, and, until such waiver shall become effective, the obligations of the Company and the Guarantor and the duties of the Trustee in respect of any such term, provision or condition shall remain in full force and effect.

With respect to any series of Securities, the Company may, but shall not be obligated to, establish a record date for the purpose of determining the Persons entitled to waive any such term, provision or condition. If a record date is fixed, the Holders on such record date, or their duly designated proxies, and only such Persons, shall be entitled to waive any such term, provision or condition hereunder, whether or not such Holders remain Holders after such record date; *provided, however,* that unless the Holders of at least a majority in principal amount of the Outstanding Securities of such series shall have waived such term, provision or condition prior to the date which is 90 days after such record date, any such waiver previously given shall automatically and without further action by any Holder be cancelled and of no effect.

Section 1010. *Additional Amounts.*

Unless otherwise specified in any Officer's Certificate of the Company setting forth the terms of Securities of a series in accordance with Section 301, if any deduction or withholding for any present or future taxes, assessments or other governmental charges of the jurisdiction (or any political subdivision or taxing authority thereof or therein) in which the Company is incorporated, shall at any time be required by such jurisdiction (or any such political subdivision or taxing authority thereof or therein) in respect of any amounts to be paid by the Company of principal of or interest on a Security of any series, the Company will pay to the Holder of a Security of such series such additional amounts as may be necessary in order that the net amounts paid to such Holder of such Security, after such deduction or withholding, shall be not less than the amounts specified in such Security to which such Holder is otherwise entitled; *provided, however,* that the Company shall not be required to make any payment of additional amounts for or on account of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) any tax , assessment or other governmental charge imposed by the United States or any political subdivision thereof;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) any tax, assessment or other governmental charge which would not have been imposed but for (i) the existence of any present or former connection between such Holder (or between a fiduciary, settlor, beneficiary, member or shareholder of, or possessor of a power over, such Holder, if such Holder is an estate, trust, partnership or corporation) and the taxing jurisdiction or any political subdivision or territory or possession thereof or area subject to its jurisdiction, including, without limitation, such Holder (or such fiduciary, settlor, beneficiary, member, shareholder or possessor) being or having been a citizen or resident thereof or being or having been present or engaged in trade or business therein or having or having had a permanent establishment therein or (ii) the presentation of a Security of such series (where presentation is required) for payment on a date more than 30 days after the date on which such payment became due and payable or the date on which payment thereof is duly provided for, whichever occurs later;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) any estate, inheritance, gift, sale, transfer, personal property or similar tax, assessment or other governmental charge;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) any tax, assessment or other governmental charge that is payable otherwise than by withholding from payments of (or in respect of) principal of, or any interest on, the Securities of such series;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) any tax, assessment or other governmental charge that is imposed or withheld by reason of the failure by the Holder or the beneficial owner of the Security of such series (i) to provide information concerning the nationality, residence or identity of the Holder or such beneficial owner or (ii) to make any declaration or other similar claim or satisfy any information or reporting requirements, which, in the case of (i) or (ii), is required or imposed by a statute, treaty, regulation or administrative practice of the taxing jurisdiction as a precondition to exemption from all or part of such tax, assessment or other governmental charge;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f) any tax, assessment or other governmental charge which such Holder would have been able to avoid by presenting such Security to another Paying Agent;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(g) any tax, assessment or other governmental charge which is imposed on a payment pursuant to the European Union Directive 2003/48/EC regarding the taxation of savings income or any other directive amending, supplementing or replacing such directive, or any law implementing or complying with, or introduced in order to conform to, such directive or directives; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(h) any combination of items (a), (b), (c), (d), (e), (f) and (g) above; nor shall additional amounts be paid with respect to any payment of the principal of, or any interest on, any Security of such series to any Holder who is a fiduciary or partnership or other than the sole beneficial owner of such payment to the extent such payment would be required by the laws of the jurisdiction (or any political subdivision or taxing authority thereof or therein) to be included in the income for tax purposes of a beneficiary or settlor with respect to such fiduciary or a member of such partnership or a beneficial owner who would not have been entitled to such additional amounts had it been the Holder of such Security.

Furthermore, any amounts to be paid by the Company or the Guarantor, as the case may be, on the Securities or under the Guarantee will be paid net of any FATCA Withholding. Neither the Company nor the Guarantor will be required to pay additional amounts on account of any FATCA Withholding.

The foregoing provisions shall apply *mutatis mutandis* to any withholding or deduction in respect of any amount to be paid by the Company of principal of or interest on a Security of any series (i) for or on account of any present or future taxes, assessments or governmental charges of whatever nature of any jurisdiction in which any successor or substitute Person to the Company is organized, or any political subdivision or taxing authority thereof or therein; or (ii) if another Person merges into or transfers its assets to the Company pursuant to Section 801, for or on account of any taxes, assessments or governmental charges levied by the jurisdiction in which such other Person is organized, or by any political subdivision or taxing authority thereof, as a result of (x) the Company's being treated as engaged in a trade or business, or having a permanent establishment, in such jurisdiction and (y) the payment of principal or interest being allocable or attributable to such trade or business or permanent establishment; *provided*, *however*, that such payment of additional amounts may in any case be subject to such further exceptions as may be established in the terms of such Securities established as contemplated by Section 301.

Subject to the foregoing provisions, whenever in this Indenture there is mentioned, in any context, the payment of the principal of or any premium or interest on, or in respect of, any Security of any series or payment of any related coupon or the net proceeds received on the sale or exchange of any Security of any series, such mention shall be deemed to include mention of the payment of additional amounts provided for in this Section to the extent that, in such context, additional amounts are, were or would be payable in respect thereof pursuant to the provisions of this Section and express mention of the payment of additional amounts (if applicable) in any provisions hereof shall not be construed as excluding additional amounts in those provisions hereof where such express mention is not made.

If the terms of the Securities of a series established as contemplated by Section 301 do not specify that additional amounts pursuant to this Section will not be payable by the Company, at least 10 days prior to the first Interest Payment Date with respect to that series of Securities (or if the Securities of that series will not bear interest prior to Maturity, the first day on which a payment of principal and any premium is made), and at least 10 days prior to each date of payment of principal and any premium or interest if there has been any change with respect to the matters set forth in the relevant Officer's Certificate, the Company or the Guarantor will furnish the Trustee and the Company's principal Paying Agent or Paying Agents, if other than the Trustee, with an Officer's Certificate instructing the Trustee and such Paying Agent or Paying Agents whether such payment of principal of and any premium or interest on the Securities of that series or under the related Guarantee shall be made to Holders of Securities of that series without withholding for or on account of any tax, assessment or other governmental charge described in the Securities of that series or the related Guarantee. If any such withholding shall be required, then such Officer's Certificate shall specify by country the amount, if any, required to be withheld on such payments to such Holders of Securities and the Company or the Guarantor (only if a payment under the Guarantee is then due in respect of such Securities), as the case may be, will pay to the Trustee or such Paying Agent or Paying Agents the additional amounts required by this Section.

Each of the Company and the Guarantor covenants to indemnify each of the Trustee and any Paying Agent for, and to hold each of them harmless against, any loss, liability or expense arising out of or in connection with actions taken or omitted by any of them in reliance on any Officer's Certificate furnished pursuant to this Section, except to the extent that any such loss, liability or expense is due to its own negligence, willful misconduct or bad faith.

**Article Eleven<br> REDEMPTION OF SECURITIES**

Section 1101. *Applicability of Article.*

Securities of any series which are redeemable before their Stated Maturity shall be redeemable in accordance with their terms and (except as otherwise specified as contemplated by Section 301 for Securities of any series) in accordance with this Article.

Section 1102. *Election to Redeem; Notice to Trustee.*

The election of the Company to redeem any Securities shall be evidenced by a Board Resolution or in another manner specified as contemplated by Section 301 for such Securities. In case of any redemption at the election of the Company, the Company shall, at least 45 days prior to the Redemption Date fixed by the Company (unless a shorter notice shall be satisfactory to the Trustee), notify the Trustee of such Redemption Date and of the principal amount of Securities of such series to be redeemed. In the case of any redemption of Securities (a) prior to the expiration of any restriction on such redemption provided in the terms of such Securities or elsewhere in this Indenture, or (b) pursuant to an election of the Company which is subject to a condition specified in the terms of such Securities or elsewhere in this Indenture, the Company shall furnish the Trustee with an Officer's Certificate evidencing compliance with such restriction or condition.

Section 1103. *Selection by Trustee of Securities to Be Redeemed.*

If less than all the Securities of any series are to be redeemed (unless such redemption affects only a single Security), the particular Securities to be redeemed shall be selected not more than 60 days prior to the Redemption Date by the Trustee, from the Outstanding Securities of such series not previously called for redemption, by such method as the Trustee shall deem fair and appropriate and which may provide for the selection for redemption of portions (equal to the minimum authorized denomination for Securities of that series or any integral multiple thereof) of the principal amount of Securities of such series of a denomination larger than the minimum authorized denomination for Securities of that series.

The Trustee shall promptly notify the Company in writing of the Securities selected for redemption and, in the case of any Securities selected for partial redemption, the principal amount thereof to be redeemed.

The provisions of the two preceding paragraphs shall not apply with respect to any redemption affecting only a single Security, whether such Security is to be redeemed in whole or in part. In the case of any such redemption in part, the unredeemed portion of the principal amount of the Security shall be in an authorized denomination (which shall not be less than the minimum authorized denomination for such Security).

For all purposes of this Indenture, unless the context otherwise requires, all provisions relating to the redemption of Securities shall relate, in the case of any Securities redeemed or to be redeemed only in part, to the portion of the principal amount of such Securities which has been or is to be redeemed.

Section 1104. *Notice of Redemption.*

Notice of redemption shall be given by first-class mail, postage prepaid, mailed not less than 30 nor more than 60 days prior to the Redemption Date, to each Holder of Securities to be redeemed, at his address appearing in the Security Register.

All notices of redemption shall state:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) the Redemption Date,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) the Redemption Price or, if not then ascertainable, the manner of calculation thereof,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3) if less than all the Outstanding Securities of any series consisting of more than a single Security are to be redeemed, the identification (and, in the case of partial redemption of any such Securities, the principal amounts) of the particular Securities to be redeemed and, if less than all the Outstanding Securities of any series consisting of a single Security are to be redeemed, the principal amount of the particular Security to be redeemed,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4) that on the Redemption Date the Redemption Price will become due and payable upon each such Security to be redeemed and, if applicable, that interest thereon will cease to accrue on and after said date,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5) the place or places where such Securities are to be surrendered for payment of the Redemption Price,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6) that the redemption is for a sinking fund, if such is the case,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7) the CUSIP, ISIN or other similar numbers, if any, assigned to such Securities; *provided*, *however*, that such notice may state that no representation is made as to the correctness of CUSIP, ISIN or other similar numbers, in which case none of the Company, the Trustee or any agent of the Company or the Trustee shall have any liability in respect of the use of any CUSIP, ISIN or other similar number or numbers on such notices, and the redemption of such Securities shall not be affected by any defect in or omission of such numbers, and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(8) such other matters as the Company shall deem desirable or appropriate.

Notice of redemption of Securities to be redeemed at the election of the Company shall be given by the Company or, at the Company's request, by the Trustee in the name and at the expense of the Company.

Section 1105. *Deposit of Redemption Price.*

On or prior to any Redemption Date, the Company shall deposit with the Trustee or with a Paying Agent (or, if the Company is acting as its own Paying Agent, segregate and hold in trust as provided in Section 1006) an amount of money sufficient to pay the Redemption Price of, and (except if the Redemption Date shall be an Interest Payment Date) accrued interest on, all the Securities which are to be redeemed on that date.

Section 1106. *Securities Payable on Redemption Date.*

Notice of redemption having been given as aforesaid, the Securities so to be redeemed shall, on the Redemption Date, become due and payable at the Redemption Price therein specified, and from and after such date (unless the Company shall default in the payment of the Redemption Price and accrued interest) such Securities shall cease to bear interest. Upon surrender of any such Security for redemption in accordance with said notice, such Security shall be paid by the Company at the Redemption Price, together with accrued interest to the Redemption Date; *provided, however,* that installments of interest whose Stated Maturity is on or prior to the Redemption Date shall be payable to the Holders of such Securities, or one or more Predecessor Securities, registered as such at the close of business on the relevant Record Dates according to their terms and the provisions of Section 307.

If any Security called for redemption shall not be so paid upon surrender thereof for redemption, the principal (and premium, if any) shall, until paid, bear interest from the Redemption Date at the rate prescribed therefor in the Security.

Section 1107. *Securities Redeemed in Part.*

Any Security which is to be redeemed only in part shall be surrendered at a Place of Payment therefor (with, if the Company or the Trustee so requires, due endorsement by, or a written instrument of transfer in form satisfactory to the Company and the Trustee duly executed by, the Holder thereof or his attorney duly authorized in writing), and the Company shall execute, and the Trustee shall authenticate and deliver to the Holder of such Security without service charge, a new Security or Securities of the same series, of any authorized denomination as requested by such Holder, in aggregate principal amount equal to and in exchange for the unredeemed portion of the principal of the Security surrendered; *provided*, that if a Global Security is so surrendered, such new Security so issued shall be a new Global Security in a denomination equal to the unredeemed portion of the principal of the Global Security so surrendered.

Section 1108. *Optional Redemption Due to Changes in Tax Treatment.*

With respect to each series of Securities, if, as the result of any change in or any amendment to the laws or treaties (including any rulings or regulations issued thereunder) of the jurisdiction of incorporation of the Company, the Guarantor, or any successor thereto or , in the case of the Company, substitute obligor therefor, or of any political subdivision or taxing authority thereof or therein, affecting taxation, or any change in an application or interpretation of such laws either generally or in relation to any particular series of Securities, which change or amendment to such laws or interpretation thereof becomes effective on or after the date of such series (or in the case of a successor or substitute person of the Company or the Guarantor, as applicable, the date on which such person assumed its obligations under Article 8 hereof) or which change in application or interpretation is notified to the Company or the Guarantor on or after such date, it is determined by the Company or the Guarantor that the Company or the Guarantor would be required to make payments of additional amounts (i) in respect of interest on the next succeeding Interest Payment Date pursuant to the terms of the Securities or the Guarantee endorsed on the Securities of such series, as applicable, assuming a payment in respect of such interest were required to be made pursuant thereto on such Interest Payment Date, or (ii) in respect of the principal of any series of Original Issue Discount Securities at the date of such determination pursuant to the terms of the Securities or the Guarantee endorsed on the Securities of such series, as applicable, assuming a payment in respect of such principal were required to be made pursuant thereto on such date, in either case the Company or the Guarantor may, at its option, redeem such series of Securities in whole at any time (except in the case of a series of Securities that has a variable rate of interest, which may be redeemed on any Interest Payment Date) at a Redemption Price equal to 100 percent of the principal amount thereof plus accrued interest to the date fixed for redemption (except in the case of any series of Outstanding Original Issue Discount Securities which may be redeemed at the Redemption Price specified by the terms of such series). Prior to any redemption of such a series of Securities pursuant to this Section, the Company or the Guarantor shall provide the Trustee with an Opinion of Counsel that the conditions precedent to the right of the Company or the Guarantor to redeem such series of Securities pursuant to this Section have occurred. Such Opinion of Counsel shall be based on the laws and application and interpretation thereof in effect on the date of such opinion or to become effective on or before the next succeeding Interest Payment Date.

**Article Twelve<br> SINKING FUNDS**

Section 1201. *Applicability of Article.*

The provisions of this Article shall be applicable to any sinking fund for the retirement of Securities of a series except as otherwise specified as contemplated by Section 301 for Securities of such series.

The minimum amount of any sinking fund payment provided for by the terms of Securities of any series is herein referred to as a "mandatory sinking fund payment", and any payment in excess of such minimum amount provided for by the terms of Securities of any series is herein referred to as an "optional sinking fund payment". If provided for by the terms of Securities of any series, the cash amount of any sinking fund payment may be subject to reduction as provided in Section 1202. Each sinking fund payment shall be applied to the redemption of Securities of any series as provided for by the terms of Securities of such series.

Section 1202. *Satisfaction of Sinking Fund Payments with Securities.*

The Company (1) may deliver Outstanding Securities of a series (other than any previously called for redemption) and (2) may apply as a credit Securities of a series which have been redeemed either at the election of the Company pursuant to the terms of such Securities or through the application of permitted optional sinking fund payments pursuant to the terms of such Securities, in each case in satisfaction of all or any part of any sinking fund payment with respect to the Securities of such series required to be made pursuant to the terms of such Securities as provided for by the terms of such series, *provided, however,* that such Securities have not been previously so credited. Such Securities shall be received and credited for such purpose by the Trustee at the Redemption Price specified in such Securities for redemption through operation of the sinking fund and the amount of such sinking fund payment shall be reduced accordingly.

Section 1203. *Redemption of Securities for Sinking Fund.*

Not less than 45 days prior to each sinking fund payment date for any series of Securities, the Company will deliver to the Trustee an Officer's Certificate specifying the amount of the next ensuing sinking fund payment for that series pursuant to the terms of that series, the portion thereof, if any, which is to be satisfied by payment of cash and the portion thereof, if any, which is to be satisfied by delivering and crediting Securities of that series pursuant to Section 1202 and stating the basis for such credit and that such Securities have not been previously so credited and will also deliver to the Trustee any Securities to be so delivered. Not more than 60 days before each such sinking fund payment date the Trustee shall select the Securities to be redeemed upon such sinking fund payment date in the manner specified in Section 1103 and cause notice of the redemption thereof to be given in the name of and at the expense of the Company in the manner provided in Section 1104. Such notice having been duly given, the redemption of such Securities shall be made upon the terms and in the manner stated in Sections 1106 and 1107.

**Article Thirteen<br> FATCA WITHHOLDING**

Section 1301. *Mutual Undertaking Regarding Information Reporting and Collection Obligations.*

Each party to this Indenture shall, within ten (10) business days of a written request by another party to this Indenture, supply to that other party such forms, documentation and other information relating to it, its operations, or the Securities as that other party reasonably requests for the purposes of that other party's compliance with Applicable Law and shall notify the relevant other party reasonably promptly in the event that it becomes aware that any of the forms, documentation or other information provided by such party is (or becomes) inaccurate in any material respect; provided, however, that no party to this Indenture shall be required to provide any forms, documentation or other information pursuant to this Article to the extent that: (i) any such form, documentation or other information (or the information required to be provided on such form or documentation) is not reasonably available to such party and cannot be obtained by such party using reasonable efforts; or (ii) doing so would or might in the reasonable opinion of such party constitute a breach of any: (a) Applicable Law; (b) fiduciary duty; or (c) duty of confidentiality. For purposes of this this Article, "Applicable Law" shall be deemed to include (i) any rule or practice of any Authority by which any party is bound or with which it is accustomed to comply; (ii) any agreement between any Authorities; and (iii) any agreement between any Authority and any party to this Indenture that is customarily entered into by institutions of a similar nature.

Section 1302. *Notice of Possible Withholding Under FATCA.*

The Company shall notify each Paying Agent in the event that it determines that any payment to be made by a Paying Agent under the Securities is a payment which could be subject to FATCA Withholding if such payment were made to a recipient that is generally unable to receive payments free from FATCA Withholding, and the extent to which the relevant payment is so treated, provided, however, that the Company's obligation under this this Section 1302 shall apply only to the extent that such payments are so treated by virtue of characteristics of the Company, the Securities, or both.

Section 1303. *Agent Right to Withhold.*

Notwithstanding any other provision of this Indenture, each Paying Agent shall be entitled to make a deduction or withholding from any payment which it makes under the Securities for or on account of any Tax, if and only to the extent so required by Applicable Law, in which event the Paying Agent shall make such payment after such deduction or withholding has been made and shall account to the relevant Authority within the time allowed for the amount so deducted or withheld or, at its option, shall reasonably promptly after making such payment return to the Company the amount so deducted or withheld, in which case, the Company shall so account to the relevant Authority for such amount. For the avoidance of doubt, FATCA Withholding is a deduction or withholding which is deemed to be required by Applicable Law for the purposes of this this Section 1303.

Section 1304. *Issuer Right to Redirect.*

In the event that the Company determines in its sole discretion that any deduction or withholding for or on account of any Tax will be required by Applicable Law in connection with any payment due to any of the Paying Agents on the Securities, then the Company will be entitled to redirect or reorganize any such payment in any way that it sees fit in order that the payment may be made without such deduction or withholding provided that, any such redirected or reorganized payment is made through a recognized institution of international standing and otherwise made in accordance with this Indenture. The Company will promptly notify the Paying Agents and the Trustee of any such redirection or reorganization. For the avoidance of doubt, FATCA Withholding is a deduction or withholding which is deemed to be required by Applicable Law for the purposes of this Section 1304.

\* \* \*

This instrument may be executed in any number of counterparts, each of which so executed shall be deemed to be an original, but all such counterparts shall together constitute but one and the same instrument. The words "execution," "signed," "signature," and words of like import in this Indenture, the Securities or in any other certificate, agreement or document related to this Indenture or the offering and sale of the Securities shall include images of manually executed signatures transmitted by facsimile or other electronic format (including, without limitation, "pdf", "tif" or "jpg") and other electronic signatures (including, without limitation, DocuSign and AdobeSign or any other electronic process or digital signature provider as specified in writing to the Trustee and agreed to by the Trustee in its sole discretion). The use of electronic signatures and electronic records (including, without limitation, any contract or other record created, generated, sent, communicated, received, or stored by electronic means) shall be of the same legal effect, validity and enforceability as a manually executed signature or use of a paper-based record-keeping system to the fullest extent permitted by applicable law, including the Federal Electronic Signatures in Global and National Commerce Act, the New York State Electronic Signatures and Records Act and any other applicable law, including, without limitation, any state law based on the Uniform Electronic Transactions Act. Each party agrees that this Indenture, the Securities and any other documents to be delivered in connection herewith may be electronically or digitally signed using DocuSign (or any other electronic process or digital signature provider as specified in writing to the Trustee and agreed to by the Trustee in its sole discretion), and that any such electronic or digital signatures appearing on this Indenture, the Securities or such other documents are the same as handwritten signatures for the purposes of validity, enforceability and admissibility. The Company agrees to assume all risks arising out of the use of electronic or digital signatures and electronic methods to submit any communications to Trustee, including without limitation the risk of the Trustee acting on unauthorized instructions, and the risk of interception and misuse by third parties.

IN WITNESS WHEREOF, the parties hereto have caused this Indenture to be duly executed on their respective behalves, all as of the day and year first above written.

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| |
|:---|
| TOTALENERGIES CAPITAL USA, LLC |
| By |
| Name: |
| TOTALENERGIES SE |
| By |
| Name: |
| Title: |

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[*SIGNATURE PAGE TO INDENTURE*]

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|:---|
| THE BANK OF NEW YORK MELLON, AS TRUSTEE |
| By |
| Name: |
| Title: |

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[*SIGNATURE PAGE TO INDENTURE*]

## Exhibit 5.1

**Exhibit 5.1**

![](tm2523173d2_ex5-1img001.jpg)

Paris, August 29, 2025

TotalEnergies SE

2, place Jean Millier

La Défense 6

92400 Courbevoie

France

TotalEnergies Capital

2, place Jean Millier

La Défense 6

92400 Courbevoie

France

TotalEnergies Capital USA, LLC

1201 Louisiana Street

Suite 1800

Houston, Texas 77002

United States

TotalEnergies Capital International

2, place Jean Millier

La Défense 6

92400 Courbevoie

France

Dear Ladies and Gentlemen:

In connection with the registration under the Securities Act of 1933, as amended (the "Act"), of an indeterminate aggregate amount of debt securities (the "TotalEnergies Debt Securities") of TotalEnergies SE, a European company (*Societas Europaea* or SE) organized under the laws of the Republic of France ("TotalEnergies"), guaranteed debt securities (the "TotalEnergies Capital Guaranteed Securities") of TotalEnergies Capital, a *société anonyme* organized under the laws of the Republic of France ("TotalEnergies Capital"), guaranteed debt securities (the "TotalEnergies USA Guaranteed Securities") of TotalEnergies Capital USA, LLC, a Delaware limited liability company ("TotalEnergies USA"), guaranteed debt securities (the "TotalEnergies Capital International Guaranteed Securities") of TotalEnergies Capital International, a *société anonyme* organized under the laws of the Republic of France ("TotalEnergies Capital International") and the related guarantees of the TotalEnergies Capital Guaranteed Securities, the TotalEnergies USA Guaranteed Securities and the TotalEnergies Capital International Guaranteed Securities (collectively referred to herein as the "Guarantees") by TotalEnergies, I, as Legal Director, Project & Corporate Finance of TotalEnergies, have examined such corporate records, certificates and other documents and such questions of law as I have considered necessary or appropriate for the purposes of this opinion.

Upon the basis of such examination, I advise you that, in my opinion:

1) TotalEnergies is a company (*Societas Europaea* or SE) duly incorporated and validly existing under the laws of the Republic of France and each of TotalEnergies Capital and TotalEnergies Capital International is a *société anonyme* duly incorporated and validly existing under the laws of the Republic of France;

2) the Indenture relating to the TotalEnergies Debt Securities, when duly and validly executed by TotalEnergies in accordance with a valid resolution of the board of directors of TotalEnergies duly authorizing such execution, will be duly authorized;

3) the Indenture relating to the TotalEnergies Capital Guaranteed Securities has been duly authorized and validly executed by each of TotalEnergies Capital and TotalEnergies in accordance with a valid resolution of the board of directors duly authorizing such execution of TotalEnergies Capital and TotalEnergies, respectively;

4) the Indenture relating to the TotalEnergies USA Guaranteed Securities has been duly authorized and validly executed by TotalEnergies in accordance with a valid resolution of the board of directors of TotalEnergies duly authorizing such execution, assuming due authorization and execution of such Indenture in accordance with applicable laws and regulations by TotalEnergies USA;

5) the Indenture relating to the TotalEnergies Capital International Guaranteed Securities has been duly authorized and validly executed by each of TotalEnergies Capital International and TotalEnergies in accordance with a valid resolution of the board of directors duly authorizing such execution of TotalEnergies Capital International and TotalEnergies, respectively;

6) the TotalEnergies Debt Securities, when duly and validly issued in accordance with a valid resolution of the board of directors of TotalEnergies duly authorizing such issuance, will be duly authorized;

7) the TotalEnergies Capital Guaranteed Securities, when duly and validly issued in accordance with a valid resolution of the board of directors of TotalEnergies Capital duly authorizing such issuance, will be duly authorized;

8) the TotalEnergies Capital International Guaranteed Securities, when duly and validly issued in accordance with a valid resolution of the board of directors of TotalEnergies Capital International duly authorizing such issuance, will be duly authorized; and

9) each of the Guarantees, when duly and validly executed by TotalEnergies in accordance with a valid resolution of the board of directors of TotalEnergies duly authorizing each of such Guarantees, will be duly authorized.

I have assumed that at the time of each authorization or issuance, there will not have occurred any change in applicable law or any amendment in the bylaws (*statuts*) of TotalEnergies, TotalEnergies Capital or TotalEnergies Capital International, as the case may be, affecting such authorizations required for issuance of the TotalEnergies Debt Securities, TotalEnergies Capital Guaranteed Securities, the TotalEnergies USA Guaranteed Securities or the TotalEnergies Capital International Guaranteed Securities, as the case may be.

The foregoing opinion is limited to the laws of the Republic of France in force on this date and I am expressing no opinion as to the effect of the laws of any other jurisdiction. I also understand you are relying on my opinion, dated August 29, 2025, as to all matters governed by the laws of the State of New York, which opinion is being concurrently delivered to you.

*[Remainder of Page Intentionally Left Blank]*

I hereby consent to the filing of this opinion as an exhibit to the Registration Statement relating to the TotalEnergies Debt Securities, the TotalEnergies Capital Guaranteed Securities, the TotalEnergies USA Guaranteed Securities, the TotalEnergies Capital International Guaranteed Securities and the Guarantees and to the references to me under the caption "Legal Matters" in the Prospectus included therein. In giving such consent I do not thereby admit that I am within the category of persons whose consent is required under Section 7 of the Act.

Very truly yours,

---

| |
|:---|
| /s/ Matthew Clayton |
| Matthew Clayton |
| Legal Director, Project & Corporate Finance of TotalEnergies |

---

## Exhibit 5.2

**Exhibit 5.2**

![](tm2523173d2_ex5-1img001.jpg)

Paris, August 29, 2025

TotalEnergies SE

2, place Jean Millier

La Défense 6

92400 Courbevoie

France

TotalEnergies Capital

2, place Jean Millier

La Défense 6

92400 Courbevoie

France

TotalEnergies Capital USA, LLC

1201 Louisiana Street

Suite 1800

Houston, Texas 77002

United States

TotalEnergies Capital International

2, place Jean Millier

La Défense 6

92400 Courbevoie

France

Dear Ladies and Gentlemen:

In connection with the registration under the Securities Act of 1933, as amended (the "Act"), of an indeterminate aggregate amount of debt securities (the "TotalEnergies Debt Securities") of TotalEnergies SE, a European company (*Societas Europaea* or SE) organized under the laws of the Republic of France ("TotalEnergies"), guaranteed debt securities (the "TotalEnergies Capital Guaranteed Securities") of TotalEnergies Capital, a *société anonyme* organized under the laws of the Republic of France ("TotalEnergies Capital"), guaranteed debt securities (the "TotalEnergies USA Guaranteed Securities") of TotalEnergies Capital USA, LLC, a Delaware limited liability company ("TotalEnergies USA"), guaranteed debt securities (the "TotalEnergies Capital International Guaranteed Securities") of TotalEnergies Capital International, a *société anonyme* organized under the laws of the Republic of France ("TotalEnergies Capital International") (such securities collectively referred to herein as the "Debt Securities") and the related guarantees of the TotalEnergies Capital Guaranteed Securities, the TotalEnergies USA Guaranteed Securities and the TotalEnergies Capital International Guaranteed Securities (collectively referred to herein as the "Guarantees") by TotalEnergies, I, as Legal Director, Project & Corporate Finance of TotalEnergies, have examined such corporate records, certificates and other documents and such questions of law as I have considered necessary or appropriate for the purposes of this opinion.

Upon the basis of such examination, I advise you that, in my opinion, when (i) the Registration Statement on Form F-3 has been duly filed and has become automatically effective under the Act, (ii) each Indenture relating to the Debt Securities has been duly authorized and validly executed, (iii) the Debt Securities have been duly authorized and validly executed, and the terms of each of the Debt Securities and of their issuance and sale have been duly established in conformity with such respective Indenture so as not to violate any applicable law or result in a default under or breach of any agreement or instrument then binding upon TotalEnergies, TotalEnergies Capital, TotalEnergies USA or TotalEnergies Capital International, as the case may be, and so as to comply with any requirement or restriction imposed by any court or governmental body having jurisdiction over TotalEnergies, TotalEnergies Capital, TotalEnergies USA or TotalEnergies Capital International, as the case may be, (iv) the Guarantees have been duly authorized and validly executed, (v) the text of the Guarantees related to each of the Debt Securities shall have been endorsed on the respective Debt Securities as contemplated in the respective Indenture, and (vi) each of the Debt Securities shall have been issued and sold as contemplated in the Registration Statement:

(1) each of the Debt Securities will constitute valid and legally binding obligations of TotalEnergies, TotalEnergies Capital, TotalEnergies USA and TotalEnergies Capital International, respectively, subject in each case to bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and similar laws of general applicability relating to or affecting creditors' rights and to general equity principles; and

(2) each of the Guarantees related to the TotalEnergies Capital Guaranteed Securities, TotalEnergies USA Guaranteed Securities and TotalEnergies Capital International Guaranteed Securities will constitute a valid and legally binding obligation of TotalEnergies, subject in each case to bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and similar laws of general applicability relating to or affecting creditors' rights and to general equity principles.

The foregoing opinion is limited to the laws of the State of New York, and I am expressing no opinion as to the effect of the laws of any other jurisdiction. I also understand you are relying on my opinion, dated August 29, 2025, as to all matters governed by the laws of the Republic of France, which opinion is being concurrently delivered to you.

*[Remainder of Page Intentionally Left Blank]*

I hereby consent to the filing of this opinion as an exhibit to the Registration Statement relating to the TotalEnergies Debt Securities, the TotalEnergies Capital Guaranteed Securities, the TotalEnergies USA Guaranteed Securities, the TotalEnergies Capital International Guaranteed Securities and the Guarantees and to the references to me under the caption "Legal Matters" in the Prospectus included therein. In giving such consent I do not thereby admit that I am within the categories of persons whose consent is required under Section 7 of the Act.

Very truly yours,

---

| |
|:---|
| /s/ Matthew Clayton |
| Matthew Clayton |
| Legal Director, Project & Corporate Finance of TotalEnergies |

---

## Exhibit 22.1

**Exhibit 22.1**

<u>Subsidiary Issuers of Guaranteed Securities</u>

The subsidiaries of TotalEnergies SE ("TotalEnergies") identified in the table below have issued and from time to time may issue the securities listed opposite such subsidiary issuer in the table below. TotalEnergies has fully and unconditionally guaranteed all such securities:

---

| | |
|:---|:---|
| <u>Subsidiary Issuer</u> | <u>Guaranteed Securities</u> |
| TotalEnergies Capital | Guaranteed Debt Securities issued under the previously filed Registration Statements on Form F-3 of TotalEnergies and TotalEnergies Capital (Registration Nos. 333-224307, 333-255641, 333-224307-03 and 333-255641-03) and under the Registration Statement on Form F-3 of TotalEnergies and TotalEnergies Capital (Registration No. 333-278983 and 333-278983-03) filed on April 29, 2024, and as amended on August 29, 2025, with which this Exhibit 22.1 is filed. |
| TotalEnergies Capital USA, LLC | Guaranteed Debt Securities to be issued under the Registration Statement on Form F-3 of TotalEnergies and TotalEnergies Capital USA, LLC (Registration No. 333-278983 and 333-278983-04) filed on August 29, 2025, with which this Exhibit 22.1 is filed. |
| TotalEnergies Capital International | Guaranteed Debt Securities issued under the previously filed Registration Statements on Form F-3 of TotalEnergies and TotalEnergies Capital International (Registration Nos. 333-224307 and 333-224307-01) and under the Registration Statement on Form F-3 of TotalEnergies and TotalEnergies Capital International (Registration No. 333-278983 and 333-278983-01) filed on April 29, 2024, and as amended on August 29, 2025, with which this Exhibit 22.1 is filed. |

---

## Exhibit 23.1

**Exhibit 23.1**

**TotalEnergies SE**

**Consent of Independent Registered Public Accounting Firms**

We consent to the reference to our firms under the caption "Experts" in Post-Effective Amendment No. 1 to this Registration Statement (Form F-3) of TotalEnergies SE, TotalEnergies Capital, TotalEnergies Capital USA, LLC and TotalEnergies Capital International and to the incorporation by reference therein of our reports dated March 31, 2025, with respect to the consolidated financial statements of TotalEnergies SE and subsidiaries and the effectiveness of internal control over financial reporting of TotalEnergies SE and subsidiaries, included in TotalEnergies SE's Annual Report (Form 20-F) for the year ended December 31, 2024, filed with the Securities and Exchange Commission.

Neuilly-sur-Seine and Paris-La Défense, France

August 29, 2025

---

| | |
|:---|:---|
| &nbsp;&nbsp;/s/ PricewaterhouseCoopers Audit | &nbsp;&nbsp;/s/ ERNST & YOUNG Audit |
| &nbsp;&nbsp;PricewaterhouseCoopers Audit | &nbsp;&nbsp;ERNST & YOUNG Audit |

---

## Exhibit 24.1

**Exhibit 24.1**

**POWER OF ATTORNEY**

Reference is hereby made to the registration by TotalEnergies SE under the U.S. Securities Act of 1933, as amended, of securities to be issued, from time to time, by TotalEnergies SE (the "Securities"). Such Securities will be registered on a registration statement on Form F-3 (the "Registration Statement") and filed with the United States Securities and Exchange Commission (the "SEC").

**KNOW ALL PERSONS BY THESE PRESENTS,** that each person whose signature appears below hereby authorizes and appoints any person listed below or Jean-Pierre Sbraire, Chief Financial Officer of TotalEnergies SE, as his or her true and lawful attorney-in-fact and agent, each with full power of substitution and resubstitution, to act, without any other, for him or her and in his or her name, place, and stead, in any and all capacities, to sign the Registration Statement (including under any other appropriate Form) of TotalEnergies SE, a French *societas europaea*, and any or all amendments (including post-effective amendments) thereto, and to file the same, with all exhibits thereto and other documents in connection therewith, with the SEC, or any state regulatory authority, granting unto said attorneys-in-fact and agents full power and authority to do and perform each and every act and thing requisite or necessary to be done in connection with the foregoing, as fully to all intents and purposes as he or she might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact and agents, or any of them, or their substitute or substitutes may lawfully do or cause to be done by virtue hereof. This Power of Attorney may be executed in multiple counterparts, each of which shall be deemed an original, but which taken together, shall constitute one instrument.

[*Remainder of this page intentionally left blank*]

**IN WITNESS WHEREOF**, the undersigned have hereunto set their hands as of the dates noted below.

---

| | | | |
|:---|:---|:---|:---|
| Date: | April 28, 2025 | By: | /s/ Patrick Pouyanné |
|  |  | Name: | Patrick Pouyanné |
|  |  | Title: | Chairman and Chief Executive Officer |

---

---

| | | | |
|:---|:---|:---|:---|
| Date: | May 29, 2025 | By: | /s/ Jacques Aschenbroich |
|  |  | Name: | Jacques Aschenbroich |
|  |  | Title: | Director |

---

---

| | | | |
|:---|:---|:---|:---|
| Date: | May 29, 2025 | By: | /s/ Marie-Christine Coisne-Roquette |
|  |  | Name: | Marie-Christine Coisne-Roquette |
|  |  | Title: | Director |

---

---

| | | | |
|:---|:---|:---|:---|
| Date: | May 29, 2025 | By: | /s/ Lise Croteau |
|  |  | Name: | Lise Croteau |
|  |  | Title: | Director |

---

---

| | | | |
|:---|:---|:---|:---|
| Date: | April 29, 2025 | By: | /s/ Mark Cutifani |
|  |  | Name: | Mark Cutifani |
|  |  | Title: | Director |

---

---

| | | | |
|:---|:---|:---|:---|
| Date: | April 29, 2025 | By: | /s/ Marie-Angie Debon |
|  |  | Name: | Marie-Angie Debon |
|  |  | Title: | Director |

---

<u>Date:</u>   By:   <br> Name: Valérie Della Puppa-Tibi <br> Title: Director

---

| | | | |
|:---|:---|:---|:---|
| Date: | April 29, 2025 | By: | /s/ Romain Garcia-Ivaldi |
|  |  | Name: | Romain Garcia-Ivaldi |
|  |  | Title: | Director |

---

<u>Date:</u>   By:   <br> Name: Glen Hubbard <br> Title: Director

---

| | | | |
|:---|:---|:---|:---|
| Date: | April 29, 2025 | By: | /s/ Anelise Lara |
|  |  | Name: | Anelise Lara |
|  |  | Title: | Director |

---

<u>Date:</u>   By:   <br> Name: Helen Lee Bouygues <br> Title: Director

<u>Date:</u>   By:   <br> Name: Laurent Mignon <br> Title: Director

---

| | | | |
|:---|:---|:---|:---|
| Date: | April 29, 2025 | By: | /s/ Dierk Paskert |
|  |  | Name: | Dierk Paskert |
|  |  | Title: | Director |

---

---

| | | | |
|:---|:---|:---|:---|
| Date: | April 29, 2025 | By: | /s/ Angel Pobo |
|  |  | Name: | Angel Pobo |
|  |  | Title: | Director |

---

---

| | | | |
|:---|:---|:---|:---|
| Date: | August 26, 2025 | By: | /s/ Elodie Tilmant |
|  |  | Name: | Elodie Tilmant |
|  |  | Title: | Chief Accounting Officer |

---

---

| | | | |
|:---|:---|:---|:---|
| Date: | August 26, 2025 | By: | /s/ Jeanine Wai |
|  |  | Name: | Jeanine Wai |
|  |  | Title: | Authorized Representative in the United States |

---

[*Signature page of Form F-3 Power of Attorney TotalEnergies SE*]

## Exhibit 24.2

**Exhibit 24.2**

**POWER OF ATTORNEY**

Reference is hereby made to the registration by TotalEnergies Capital under the U.S. Securities Act of 1933, as amended, of debt securities guaranteed by TotalEnergies SE to be issued, from time to time, by TotalEnergies Capital USA, LLC (the "Securities"). Such Securities will be registered on a registration statement on Form F-3 (the "Registration Statement") and filed with the United States Securities and Exchange Commission (the "SEC").

**KNOW ALL PERSONS BY THESE PRESENTS,** that each person whose signature appears below hereby authorizes and appoints any person listed below or Denis Toulouse, Company Treasurer of TotalEnergies SE, as his or her true and lawful attorney-in-fact and agent, each with full power of substitution and resubstitution, to act, without any other, for him or her and in his or her name, place, and stead, in any and all capacities, to sign the Registration Statement (including under any other appropriate Form) and any or all amendments (including post-effective amendments) thereto, and to file the same, with all exhibits thereto and other documents in connection therewith, with the SEC, or any state regulatory authority, granting unto said attorneys-in-fact and agents full power and authority to do and perform each and every act and thing requisite or necessary to be done in connection with the foregoing, as fully to all intents and purposes as he or she might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact and agents, or any of them, or their substitute or substitutes may lawfully do or cause to be done by virtue hereof. This Power of Attorney may be executed in multiple counterparts, each of which shall be deemed an original, but which taken together, shall constitute one instrument.

[*Remainder of this page intentionally left blank*]

**IN WITNESS WHEREOF**, the undersigned have hereunto set their hands as of the dates noted below.

---

| | | | |
|:---|:---|:---|:---|
| Date: | July 18, 2025 | By: | /s/ Frédéric Agnès |
|  |  | Name: | Frédéric Agnès |
|  |  | Title: | Chairman and Chief Executive Officer (Principal Executive Officer), Director |

---

---

| | | | |
|:---|:---|:---|:---|
| Date: | July 18, 2025 | By: | /s/ Elodie Tilmant |
|  |  | Name: | Elodie Tilmant |
|  |  | Title: | Chief Accounting Officer(Principal Financial and Accounting Officer), Director |

---

---

| | | | |
|:---|:---|:---|:---|
| Date: | July 18, 2025 | By: | /s/ Denis Toulouse |
|  |  | Name: | Denis Toulouse |
|  |  | Title: | Director |

---

---

| | | | |
|:---|:---|:---|:---|
| Date: | July 18, 2025 | By: | /s/ Gwénola Jan |
|  |  | Name: | Gwénola Jan |
|  |  | Title: | Director |

---

---

| | | | |
|:---|:---|:---|:---|
| Date: | July 21, 2025 | By: | /s/ Jeanine Wai |
|  |  | Name: | Jeanine Wai |
|  |  | Title: | Authorized Representative in the United States |

---

[*Signature page of Form F-3 Power of Attorney TotalEnergies Capital*]

## Exhibit 24.3

**Exhibit 24.3**

**POWER OF ATTORNEY**

Reference is hereby made to the registration by TotalEnergies Capital USA, LLC under the U.S. Securities Act of 1933, as amended, of debt securities guaranteed by TotalEnergies SE to be issued, from time to time, by TotalEnergies Capital USA, LLC (the "Securities"). Such Securities will be registered on a registration statement on Form F-3 (the "Registration Statement") and filed with the United States Securities and Exchange Commission (the "SEC").

**KNOW ALL PERSONS BY THESE PRESENTS,** that each person whose signature appears below hereby authorizes and appoints any person listed below or Alexander Adotevi, Chief Financial Officer, Manager of TotalEnergies Capital USA, LLC, as his or her true and lawful attorney-in-fact and agent, each with full power of substitution and resubstitution, to act, without any other, for him or her and in his or her name, place, and stead, in any and all capacities, to sign the Registration Statement (including under any other appropriate Form) and any or all amendments (including post-effective amendments) thereto, and to file the same, with all exhibits thereto and other documents in connection therewith, with the SEC, or any state regulatory authority, granting unto said attorneys-in-fact and agents full power and authority to do and perform each and every act and thing requisite or necessary to be done in connection with the foregoing, as fully to all intents and purposes as he or she might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact and agents, or any of them, or their substitute or substitutes may lawfully do or cause to be done by virtue hereof. This Power of Attorney may be executed in multiple counterparts, each of which shall be deemed an original, but which taken together, shall constitute one instrument.

[*Remainder of this page intentionally left blank*]

**IN WITNESS WHEREOF**, the undersigned have hereunto set their hands as of the dates noted below.

---

| | | | |
|:---|:---|:---|:---|
| Date: | August 28, 2025 | By: | /s/ Francois Good |
|  |  | Name: | Francois Good |
|  |  | Title: | Chief Executive Officer & President, Manager (Principal Executive Officer) |

---

---

| | | | |
|:---|:---|:---|:---|
| Date: | August 28, 2025 | By: | /s/ Alexander Adotevi |
|  |  | Name: | Alexander Adotevi |
|  |  | Title: | Chief Financial Officer, Manager<br> (Principal Financial and Accounting Officer) |

---

---

| | | | |
|:---|:---|:---|:---|
| Date: | August 28, 2025 | By: | /s/ Denis Toulouse |
|  |  | Name: | Denis Toulouse |
|  |  | Title: | Manager |

---

---

| | | | |
|:---|:---|:---|:---|
| Date: | August 28, 2025 | By: | /s/ Dawn Lanni |
|  |  | Name: | Dawn Lannin |
|  |  | Title: | Manager |

---

[*Signature page of Form F-3 Power of Attorney TotalEnergies Capital USA, LLC*]

## Exhibit 24.4

**Exhibit 24.4**

**POWER OF ATTORNEY**

Reference is hereby made to the registration by TotalEnergies Capital International under the U.S. Securities Act of 1933, as amended, of debt securities guaranteed by TotalEnergies SE to be issued, from time to time, by TotalEnergies Capital USA, LLC (the "Securities"). Such Securities will be registered on a registration statement on Form F-3 (the "Registration Statement") and filed with the United States Securities and Exchange Commission (the "SEC").

**KNOW ALL PERSONS BY THESE PRESENTS,** that each person whose signature appears below hereby authorizes and appoints any person listed below or Denis Toulouse, Company Treasurer of TotalEnergies SE, as his or her true and lawful attorney-in-fact and agent, each with full power of substitution and resubstitution, to act, without any other, for him or her and in his or her name, place, and stead, in any and all capacities, to sign the Registration Statement (including under any other appropriate Form) and any or all amendments (including post-effective amendments) thereto, and to file the same, with all exhibits thereto and other documents in connection therewith, with the SEC, or any state regulatory authority, granting unto said attorneys-in-fact and agents full power and authority to do and perform each and every act and thing requisite or necessary to be done in connection with the foregoing, as fully to all intents and purposes as he or she might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact and agents, or any of them, or their substitute or substitutes may lawfully do or cause to be done by virtue hereof. This Power of Attorney may be executed in multiple counterparts, each of which shall be deemed an original, but which taken together, shall constitute one instrument.

[*Remainder of this page intentionally left blank*]

**IN WITNESS WHEREOF**, the undersigned have hereunto set their hands as of the dates noted below.

---

| | | | |
|:---|:---|:---|:---|
| Date: | July 18, 2025 | By: | /s/ Gwénola Jan |
|  |  | Name: | Gwénola Jan |
|  |  | Title: | Chairman and Chief Executive Officer (Principal Executive Officer), Director |

---

---

| | | | |
|:---|:---|:---|:---|
| Date: | July 18, 2025 | By: | /s/ Elodie Tilmant |
|  |  | Name: | Elodie Tilmant |
|  |  | Title: | Chief Accounting Officer(Principal Financial and Accounting Officer), Director |

---

---

| | | | |
|:---|:---|:---|:---|
| Date: | July 18, 2025 | By: | /s/ Frédéric Agnès |
|  |  | Name: | Frédéric Agnès |
|  |  | Title: | Director |

---

---

| | | | |
|:---|:---|:---|:---|
| Date: | July 18, 2025 | By: | /s/ Denis Toulouse |
|  |  | Name: | Denis Toulouse |
|  |  | Title: | Director |

---

---

| | | | |
|:---|:---|:---|:---|
| Date: | July 21, 2025 | By: | /s/ Jeanine Wai |
|  |  | Name: | Jeanine Wai |
|  |  | Title: | Authorized Representative in the United States |

---

[*Signature page of Form F-3 Power of Attorney TotalEnergies Capital International*]

## Exhibit 25.3

**Exhibit 25.3**

UNITED STATES<br> SECURITIES AND EXCHANGE COMMISSION<br> Washington, D.C. 20549

FORM T-1

STATEMENT OF ELIGIBILITY<br> UNDER THE TRUST INDENTURE ACT OF 1939 OF A<br> CORPORATION DESIGNATED TO ACT AS TRUSTEE

CHECK IF AN APPLICATION TO DETERMINE<br> ELIGIBILITY OF A TRUSTEE PURSUANT TO<br> SECTION 305(b)(2) ◻

THE BANK OF NEW YORK MELLON<br> (Exact name of trustee as specified in its charter)

---

| | |
|:---|:---|
| &nbsp;&nbsp;New York<br> (Jurisdiction of incorporation<br> if not a U.S. national bank) | &nbsp;&nbsp;13-5160382<br> (I.R.S. employer<br> identification no.) |
| &nbsp;&nbsp;240 Greenwich Street, New York, N.Y.<br> (Address of principal executive offices) | &nbsp;&nbsp;10286<br> (Zip code) |

---

TOTALENERGIES CAPITAL USA, LLC<br> (Exact name of obligor as specified in its charter)

Delaware<br> (State or other jurisdiction of<br> incorporation or organization) 39-3409498<br> (I.R.S. employer<br> identification no.) <br>1201 Louisiana Street Suite 1800 Houston, Texas (Address of principal executive offices) 77002<br> (Zip code)

Debt Securities

(Title of the indenture securities)

**1.** **General information. Furnish the following information as to the Trustee:** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(a)** **Name and address of each examining or supervising authority to which it is subject.** 

---

| | |
|:---|:---|
| &nbsp;&nbsp;Name | &nbsp;&nbsp;Address |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Superintendent of the Department of Financial Services of the State of New York | &nbsp;&nbsp;One State Street, New York, N.Y. 10004-1417, and Albany, N.Y. 12223 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Federal Reserve Bank of New York | &nbsp;&nbsp;33 Liberty Street, New York, N.Y. 10045 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Federal Deposit Insurance Corporation | &nbsp;&nbsp;550 17th Street, NW, Washington, D.C. 20429 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Clearing House Association L.L.C. | &nbsp;&nbsp;100 Broad Street, New York, N.Y. 10004 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(b)** **Whether it is authorized to exercise corporate trust powers.** 

Yes.

**2.** **Affiliations with Obligor.** 

**If the obligor is an affiliate of the trustee, describe each such affiliation.**

None.

**16.** **List of Exhibits.** 

**Exhibits identified in parentheses below, on file with the Commission, are incorporated herein by reference as an exhibit hereto, pursuant to Rule 7a-29 under the Trust Indenture Act of 1939 (the "Act") and 17 C.F.R. 229.10(d).**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. A copy of the Organization Certificate of The Bank of New York Mellon
 (formerly known as The Bank of New York, itself formerly Irving Trust Company) as now in
 effect, which contains the authority to commence business and a grant of powers to exercise
 corporate trust powers. (Exhibit 1 to Amendment No. 1 to Form T-1 filed with
 Registration Statement No. 33-6215, Exhibits 1a and 1b to Form T-1 filed with Registration
 Statement No. 33-21672, Exhibit 1 to Form T-1 filed with Registration Statement
 No. 33-29637, Exhibit 1 to Form T-1 filed with Registration Statement No. 333-121195
 and Exhibit 1 to Form T-1 filed with Registration Statement No. 333-152735).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. A copy of the existing By-laws of the Trustee
 (Exhibit 4 to Form T-1 filed with Registration Statement No. 333-261533).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6. The consent of the Trustee required by
 Section 321(b) of the Act (Exhibit 6 to Form T-1 filed with Registration
 Statement No. 333-229519).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7. A copy of the latest report of condition
 of the Trustee published pursuant to law or to the requirements of its supervising or examining
 authority.

SIGNATURE

Pursuant to the requirements of the Trust Indenture Act of 1939 the trustee, The Bank of New York Mellon, a corporation organized and existing under the laws of the State of New York, has duly caused this statement of eligibility to be signed on its behalf by the undersigned, thereunto duly authorized, all in the city of London, and the country of the United Kingdom on the 27<sup>th</sup> day of August, 2025.

---

| | |
|:---|:---|
| THE BANK OF NEW YORK MELLON | THE BANK OF NEW YORK MELLON |
| By: | /s/ Justin Chow |
|  | Name: Justin Chow |
|  | Title: Authorized Signatory |

---

**<u>EXHIBIT 7</u>**

Consolidated Report of Condition of

THE BANK OF NEW YORK MELLON

of 240 Greenwich Street, New York, N.Y. 10286<br> And Foreign and Domestic Subsidiaries,

a member of the Federal Reserve System, at the close of business June 30, 2025, published in accordance with a call made by the Federal Reserve Bank of this District pursuant to the provisions of the Federal Reserve Act.

---

| | |
|:---|:---|
|  | Dollar amounts in thousands |
| **ASSETS** |  |
| Cash and balances due from depository institutions: |  |
| &nbsp;&nbsp;&nbsp;Noninterest-bearing balances and currency and coin | 4631000 |
| &nbsp;&nbsp;&nbsp;Interest-bearing balances | 145342000 |
| Securities: |  |
| &nbsp;&nbsp;&nbsp;Held-to-maturity securities | 48397000 |
| &nbsp;&nbsp;&nbsp;Available-for-sale debt securities | 98422000 |
| &nbsp;&nbsp;&nbsp;Equity securities with readily determinable fair values not held for trading | 0 |
| Federal funds sold and securities purchased under agreements to resell: |  |
| &nbsp;&nbsp;&nbsp;Federal funds sold in domestic offices | 0 |
| &nbsp;&nbsp;&nbsp;Securities purchased under agreements to resell | 25359000 |
| Loans and lease financing receivables: |  |
| &nbsp;&nbsp;&nbsp;Loans and leases held for sale | 0 |
| &nbsp;&nbsp;&nbsp;Loans and leases held for investment | 35466000 |
| &nbsp;&nbsp;&nbsp;LESS: Allowance for credit losses on loans and leases | 252000 |
| &nbsp;&nbsp;&nbsp;Loans and leases held for investment, net of allowance | 35214000 |
| Trading assets | 6908000 |
| Premises and fixed assets (including right-of-use assets) | 2942000 |
| Other real estate owned | 0 |
| Investments in unconsolidated subsidiaries and associated companies | 2108000 |
| Direct and indirect investments in real estate ventures | 0 |
| Intangible assets | 7403000 |
| Other assets | 21567000 |
| Total assets | 398293000 |
| **LIABILITIES** |  |
| Deposits: |  |
| &nbsp;&nbsp;&nbsp;In domestic offices | 227667000 |
| &nbsp;&nbsp;&nbsp;Noninterest-bearing | 61793000 |
| &nbsp;&nbsp;&nbsp;Interest-bearing | 165874000 |
| &nbsp;&nbsp;&nbsp;In foreign offices, Edge and Agreement subsidiaries, and IBFs | 120459000 |
| &nbsp;&nbsp;&nbsp;Noninterest-bearing | 13646000 |
| &nbsp;&nbsp;&nbsp;Interest-bearing | 106813000 |
| Federal funds purchased and securities sold under agreements to repurchase: |  |
| &nbsp;&nbsp;&nbsp;Federal funds purchased in domestic offices | 0 |
| &nbsp;&nbsp;&nbsp;Securities sold under agreements to repurchase | 2593000 |
| Trading liabilities | 3074000 |
| Other borrowed money: |  |
| &nbsp;&nbsp;&nbsp;(includes mortgage indebtedness) | 5662000 |
| Not applicable |  |
| Not applicable |  |
| Subordinated notes and debentures | 0 |
| Other liabilities | 7921000 |
| Total liabilities | 367376000 |
| **EQUITY CAPITAL** |  |
| Perpetual preferred stock and related surplus | 0 |
| Common stock | 1135000 |
| Surplus (exclude all surplus related to preferred stock) | 12748000 |
| Retained earnings | 19211000 |
| Accumulated other comprehensive income … | -2177000 |
| Other equity capital components | 0 |
| Total bank equity capital | 30917000 |
| Noncontrolling (minority) interests in consolidated subsidiaries | 0 |
| Total equity capital | 30917000 |
| Total liabilities and equity capital | 398293000 |

---

I, Dermot McDonogh, Chief Financial Officer of the above-named bank do hereby declare that this Report of Condition is true and correct to the best of my knowledge and belief.

Dermot McDonogh Chief Financial Officer

We, the undersigned directors, attest to the correctness of this statement of resources and liabilities. We declare that it has been examined by us, and to the best of our knowledge and belief has been prepared in conformance with the instructions and is true and correct.

---

| | | |
|:---|:---|:---|
| Robin A. Vince<br> Jeffrey A. Goldstein<br> Joseph J. Echevarria | ![](tm2523173d2_ex1-3img001.jpg) | Directors |

---

## Ex-Filing

?xml version='1.0' encoding='ASCII'? EX-FILING FEES

---

| |
|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Calculation of Filing Fee Tables**  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **F-3**  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **TotalEnergies SE**  |

---

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| | | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Security Type**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Security Class Title**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Fee Calculation or Carry Forward Rule**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Maximum Aggregate Offering Price**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Fee Rate**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Amount of Registration Fee**  |
| **Newly Registered Securities** | **Newly Registered Securities** | **Newly Registered Securities** | **Newly Registered Securities** | **Newly Registered Securities** | **Newly Registered Securities** | **Newly Registered Securities** | **Newly Registered Securities** |
| Fees to be Paid | 1 | Debt | Debt Securities | 457(r) |  | 0.0001531 |  |
| Fees to be Paid | 2 | Debt | Guarantees to Debt Securities | Other |  | 0.0001531 | $0.00 |
| Fees Previously Paid |  |  |  |  |  |  |  |
| **Carry Forward Securities** | **Carry Forward Securities** | **Carry Forward Securities** | **Carry Forward Securities** | **Carry Forward Securities** | **Carry Forward Securities** | **Carry Forward Securities** | **Carry Forward Securities** |
| Carry Forward Securities |  |  |  |  |  |  |  |
|  |  |  | Total Offering Amounts: | Total Offering Amounts: | $0.00  |  | $0.00  |
|  |  |  | Total Fees Previously Paid:  | Total Fees Previously Paid:  |  |  | $0.00  |
|  |  |  | Total Fee Offsets:  | Total Fee Offsets:  |  |  | $0.00  |
|  |  |  | Net Fee Due:  | Net Fee Due:  |  |  | $0.00  |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Offering Note** <br>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <sup>1</sup> The Registrants are relying on Rule 456(b) and Rule 457(r) under the Securities Act of 1933, as amended (the "Securities Act"), to defer payment of all of the registration fee. The Registrants will pay 'pay-as-you-go registration fees' in accordance with Rule 456(b). The Registrants will calculate the registration fee applicable to an offer of debt securities pursuant to this Registration Statement based on the fee payment rate in effect on the date of such fee payment. An unspecified aggregate principal amount is being registered as may from time to time be offered at unspecified prices.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <sup>2</sup> See note 1. No separate consideration will be received for any guarantee of debt securities. Accordingly, pursuant to Rule 457(n) of the Securities Act, no separate filing fee is required.

---

| | |
|:---|:---|
| | |
| **Rules 457(b) and 0-11(a)(2)** | **Rules 457(b) and 0-11(a)(2)** |
| Fee Offset Claims | N/A |
| Fee Offset Sources | N/A |
| **Rule 457(p)** | **Rule 457(p)** |
| Fee Offset Claims | N/A |
| Fee Offset Sources | N/A |

---

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Security Type**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Security Class Title**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Amount of Securities Previously Registered**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Maximum Aggregate Offering Price of Securities Previously Registered**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Form Type**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **File Number**  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Initial Effective Date**  |
| N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |

---