Potential share capital as of December 31, 2014

Securities granting rights to TOTAL shares through exercise are TOTAL share subscription options amounting to 16,635,411 share subscription options as of December 31, 2014, divided into:

  • 5,847,965 options for the plan awarded by the Board of Directors on July 17, 2007;
  • 3,215,884 options for the plan awarded on October 9, 2008 by decision of the Board of Directors on September 9, 2008;
  • 3,011,269 options for the plan awarded by the Board of Directors on September 15, 2009;
  • 3,701,218 options for the plan awarded by the Board of Directors on September 14, 2010; and 
  • 859,075 options for the plan awarded by the Board of Directors on September 14, 2011.

The potential share capital (i.e., the existing share capital plus rights and securities that could result in the issuance of new TOTAL shares through exercise), i.e., 2,401,902,936 shares, represents 100.70% of the share capital as of December 31, 2014, on the basis of 2,385,267,525 TOTAL shares constituting the share capital as of December 31, 2014, and 16,635,411 TOTAL shares that could be issued upon the exercise of TOTAL options.