In 2011, Total proposed a capital increase reserved for the Group’s employees, at a subscription price of €34.80: almost 34 000 employees in more than 100 countries participated in this operation for a subscription total amount of 310 million Euros.

By regularly carrying out capital increases reserved for employees, Total offers the opportunity to its employees to buy TOTAL shares with a discount. Thus, the Group wishes to develop the employee shareholding and to allow the employees to understand better the basics of the company.

In 2010, Total implemented a free share plan to the employees. More than 100,000 employees in 124 countries received rights to 25 shares each on June 30, 2010. They allowed every single employee present at that time to become a shareholder of Total SA at the end of a two or four years vesting period. For the countries concerned by a two years vesting period, the employees will receive their shares on July 1st, 2012.

Through these tools, Total wishes to strengthen employees' sense of belonging to the Group and associate them to the Group’s performance. Total is also pursuing its employee shareholding development policy. At December 31, 2011, employees(1) held 4.37% of the company’s capital.

⁽¹⁾ based on the definition of employee shareholding within the meaning of Article L. 225-102 of the French Commercial Code

Capital Increase Reserved for Employees

Free Share Plan