TotalEnergies Marketing Kenya : 2023 AGM questions

TOTALENERGIES MARKETING KENYA PLC

AGM QUESTIONS FROM SHAREHOLDERS AS AT 15TH JUNE 2023

		SHAREHOLDER	QUESTION	ANSWER
	TOPIC 1. DIVIDENDS
	1.	MUSA,CHRISTINA	Dividend	Dear Christina, thank you for your question
		WAYUA (1957953 )		and participating in this year's AGM. The
					Company has declared first and final
					dividend of KShs 1.31 per which will be paid
					to the shareholders on or about 31st July
					2023.
2.	OKELLO,TITUS	You saved so much	"Dear Titus, thank you for your question and
		EVANS (20342412 )	on virtual meetings.	participating in this year's AGM. In
				give us more	distributing dividends, the Directors have
				dividends.	considered Future reimbursement of
					Redeemable Preference Shares (RPS) and
					Plough back for future generation of income.
3.	NGUMBI,FEDINARD	Dividends through	Dear Ngumbi, thank you for your question
		MUMO (15137517 )	Mpesa.	and participating in this year's AGM.
					Dividend can be paid to your (bank account)
					(via MPESA) as per your request. We advise
					you reach out to our share registrar,
					Comprite Kenya Ltd on 0723611786 or email
					[e-mail] for the assistance.
4.	NABRIKI,PAMELLA	How many shares do I	Dear Pamella, kindly contact the Company's
		NASIMIYU (20886951 )	have?	Registrar- Comprite to check your number of
					shares. Contact details are on page 9 of the
					annual report
5.	KIRATU,SOLOMON	What is payable per	Dear Solomon, thank you for your question
		GATHEGU (1362810 )	share?	and participating in this year's AGM. The
					Company has declared first and final
					dividend of KShs 1.31 per which will be paid
					to the shareholders on or about 31st July
					2023.
6.	MUSA,CHRISTINA	Dividend	Dear Christina, thank you for your question
		WAYUA (1957953 )		and participating in this year's AGM. The
					Company has declared first and final
					dividend of KShs 1.31 per which will be paid
					to the shareholders on or about 31st July
					2023.
7.	KIMANI,ELIUD KURIA	Pay me dividend by	Dear Eliud, thank you for your question and
		(773549 )		Mpesa.	participating in this year's AGM. Dividend
					can be paid to your (bank account) (via
					MPESA) as per your request. We advise you
					reach out to our share registrar, Comprite
					Kenya Ltd on 0723611786 or email
					[e-mail] for the assistance.
8.	NGUMBI,FEDINARD	Can dividends be paid	Dear Ngumbi, thank you for your question
		MUMO (15137517 )	to mpesa?	and participating in this year's AGM.
					Dividend can be paid to your (bank account)
					(via MPESA) as per your request. We advise
					you reach out to our share registrar,

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TOTALENERGIES MARKETING KENYA PLC

AGM QUESTIONS FROM SHAREHOLDERS AS AT 15TH JUNE 2023

			Comprite Kenya Ltd on 0723611786 or email
			[e-mail] for the assistance.
9.	OKELLO,TITUS	When do plan to give	Dear Titus, thank you for your question and
	EVANS (20342412 )	us bonus shares?	participating in this year's AGM. In
			distributing dividends, the Directors have
			considered Future reimbursement of
			Redeemable Preference Shares (RPS) and
			Plough back for future generation of income.
10.	ONCHIRI,CHARLES M	What percentage per	Dear Charles, thank you for your question
	(4362985 )	share?	and participating in this year's AGM. The
			Company has declared first and final
			dividend of KShs 1.31 per which will be paid
			to the shareholders on or about 31st July
			2023.
11.	NGUYANI,EDWARD	Can I receive divided	Dear Edward, thank you for your question
	MUITE (6114997 )	through Mpesa?	and participating in this year's AGM.
			Dividend can be paid to your (bank account)
			(via MPESA) as per your request. We advise
			you reach out to our share registrar,
			Comprite Kenya Ltd on 0723611786 or email
			[e-mail] for the assistance.
12.	MUKUNDI,ERIC	Will you pay	Dear Eric, thank you for your question and
	MAINGI (20882280 )	dividends?	participating in this year's AGM. The
			Company has declared first and final
			dividend of KShs 1.31 per which will be paid
			to the shareholders on or about 31st July
			2023.
13.	NGUGI,EMMAH	Amount per share?	Dear Emmah, thank you for your question
	WANJIKU (842354 )		and participating in this year's AGM. The
			Company has declared first and final
			dividend of KShs 1.31 per which will be paid
			to the shareholders on or about 31st July
			2023.
14.	NGUGI,EMMAH	Mode of payment?	Dear Emma, thank you for your question and
	WANJIKU (842354 )		participating in this year's AGM. Dividend
			can be paid to your (bank account) (via
			MPESA) as per your request. We advise you
			reach out to our share registrar, Comprite
			Kenya Ltd on 0723611786 or email
			[e-mail] for the assistance.
15.	KINUTHIA,JUDY	Can dividends be paid	Dear Judy, thank you for your question and
	NYANJAU (48186 )	via mobile phone?	participating in this year's AGM. Dividend
		Thanks	can be paid to your (bank account) (via
			MPESA) as per your request. We advise you
			reach out to our share registrar, Comprite
			Kenya Ltd on 0723611786 or email
			[e-mail] for the assistance.
16.	MBONDO,NICHOLAS	How can I access	Dear Shareholder, thank you for your
	KAVOI	dividends?	question and participating in this year's
	NDETEMI,FRANCIS		AGM. Kindly reach out to our share registrar,

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TOTALENERGIES MARKETING KENYA PLC

AGM QUESTIONS FROM SHAREHOLDERS AS AT 15TH JUNE 2023

	KIVILA MUTUVA $		Comprite Kenya Ltd on 0723611786 or email
	SAMUEL KYALO		[e-mail] for the assistance.
	(4463099 )
17.	MEMIA,SIMON	How much divided	Dear Simon, thank you for your question and
	KINYANJUI (6274803 )	payable per share?	participating in this year's AGM. The
			Company has declared first and final
			dividend of KShs 1.31 per which will be paid
			to the shareholders on or about 31st July
			2023.
18.	AWUOR,ODIYO	When are we going to	Dear Odiyo, thank you for your question and
	ONYANGO (44865 )	be paid our	participating in this year's AGM. There are
		dividends?	no gift packs this year and the Company has
		Also are we going to	declared first and final dividend of KShs 1.31
		be given gift packs	per which will be paid to the shareholders on
		this year?	or about 31st July 2023.
19.	MUIGAI,EDWARD	How much is paid per	Dear Edward, thank you for your question
	MBUGUA (1070053 )	share?	and participating in this year's AGM. The
			Company has declared first and final
			dividend of KShs 1.31 per which will be paid
			to the shareholders on or about 31st July
			2023.
20.	SIMWA,DERECK	When are we to get	Dear Dereck, thank you for your question
	MWORI (13967490 )	dividends?	and participating in this year's AGM. The
			Company has declared first and final
			dividend of KShs 1.31 per which will be paid
			to the shareholders on or about 31st July
			2023.
21.	THADAYO,BONIFACE	I would like my	Dear Boniface, thank you for your question
	MUKALA (7134100 )	dividends to be paid in	and participating in this year's AGM.
		my mpesa.	Dividend can be paid to your (bank account)
			(via MPESA) as per your request. We advise
			you reach out to our share registrar,
			Comprite Kenya Ltd on 0723611786 or email
			[e-mail] for the assistance.
22.	IRUBU,CHARLES	What about dividend	Dear Charles, thank you for your question
	CHARAGU (3340775 )	increment?	and participating in this year's AGM. The
			Company has declared first and final
			dividend of KShs 1.31 per which will be paid
			to the shareholders on or about 31st July
			2023.
23.	DORAH,TSINDOLI	Why is the board	Dear Shareholders, the subject of dividend
	(6625983 )	recommending very	pay-out was intensely debated. The
		little amount for	Directors finally agreed to propose a first and
		dividend while	final dividend of Kes 1.31 per share despite
		retaining a lot of	lower net income in the year. This decision is
		money? Times are	a balance between return on investment and
		hard	management of financing/investment
			capacity.
24.	TOLE,MWAKIO PETER	Can the payment of	Dear Peter, thank you for your question and
	(17720406 )	dividends be made	participating in this year's AGM. We advise
		sooner than the	that the Company has declared first and final

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TOTALENERGIES MARKETING KENYA PLC

AGM QUESTIONS FROM SHAREHOLDERS AS AT 15TH JUNE 2023

			proposed dates?	dividend of KShs 1.31 per which will be paid
			What is the limiting	to the shareholders on or about 31st July
			factor?	2023.
25.	TOLE,MWAKIO PETER	The answer given to	Dear Peter, we advise that the book closure
		(17720406 )	my question does not	is today,15.06.2023 and trades made on the
			address what I asked.	book closure date are yet to settle to
			My question was: why	establish the qualifying shareholders,
			31st July, and not	thereafter the processing of the same will be
			sooner?	on or about 31.07.2023
			Why do you need 45
			days after the AGM to
			process payments?
26.	KARIUKI,LYDIA	Can I receive dividend	Dear Lydia, thank you for your question and
		WANGARI (6049290 )	through Mpesa?	participating in this year's AGM. Dividend
				can be paid to your (bank account) (via
				MPESA) as per your request. We advise you
				reach out to our share registrar, Comprite
				Kenya Ltd on 0723611786 or email
				[e-mail] for the assistance.
27.	WANJOHI,PRISCILLA	Good afternoon	Dear Priscilla, thank you attending the AGM.
		NYAKINYUA	TotalEnergies. apart	This year's AGM has been held virtually and
		(20580372 )	from paying of	due to logistical constraints, the Company
			dividends, will you	will not be issuing gifts to shareholders.
			kindly consider gifting	However, this request will be considered by
			shareholders with an	the Board for the next AGM
			appreciation gift?
28.	KINUTHIA,SIMON	Do you have	Dear Simon, thank you for your question and
		WANYOIKE (15443073	dividends?	participating in this year's AGM. The
		)		Company has declared first and final
				dividend of KShs 1.31 per which will be paid
				to the shareholders on or about 31st July
				2023.
29.	JAOKO,JACOB DAVID	When will preference	Dear Jaoko,
		ODUOL (7455585 )	shares be redeemed?	The redemption will only happen when the
				company has accumulated enough
				distributable profits for this purpose or by an
				increase of ordinary share capital. It also
				depends on the cashflow position. The
				Board carries out periodic reviews of the
				company's performance after which a
				decision will be taken
				- Currently, the financing needs (WCR,
				Investments) are not likely to reduce in the
				next years as TotalEnergies Marketing
				Kenya plans to capture the growth of the
				market
	TOPIC 2. FINANCIAL STATEMENTS AND BUSINESS RELATED
30.	CHAMI,ALOIS	How would you	Dear Chami, thank you for your question and
		WAFULA (15717 )	improve the group	participating in this year's AGM.
			business now and the

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TOTALENERGIES MARKETING KENYA PLC

AGM QUESTIONS FROM SHAREHOLDERS AS AT 15TH JUNE 2023

		next level of	-In 2021, the Company changed its name to
		business?	TotalEnergies Marketing Kenya PLC with
			new ambition to become a major player in
			the energy transition and get to climate
			NetZero ambition by 2050.
			-We are optimistic about new opportunities
			arising from the new strategic direction in:
			1. Oil 2. Natural gas 3. Electricity 4.Hydrogen
			5.Biomass 6.Wind 7.Solar
			-The Company has a 10-year long term plan
			that is reviewed annually, and which directs
			the Company's growth and sustainability in
			the future
			-The Company invested Kes2.0 billion in
			2022 compared to Kes 2.2 billion in 2021
31.	CHAMI,ALOIS	What is your strategy	Dear Chami, thank you for your question and
	WAFULA (15717 )	and vision of business	participating in this year's AGM.
		now and the next	-In 2021, the Company changed its name to
		level?
		TotalEnergies Marketing Kenya PLC with
			new ambition to become a major player in
			the energy transition and get to climate
			NetZero ambition by 2050.
			-We are optimistic about new opportunities
			arising from the new strategic direction in:
			1. Oil 2. Natural gas 3. Electricity 4.Hydrogen
			5.Biomass 6.Wind 7.Solar
			-The Company has a 10-year long term plan
			that is reviewed annually, and which directs
			the Company's growth and sustainability in
			the future
			-The Company invested Kes2.0 billion in
			2022 compared to Kes 2.2 billion in 2021
32.	WAGUDE,JAMES	Has the government	Dear James,
	ANGAWA (7556071 )	fully paid the	-the fuel subsidy arising from last financial
		subsidies arising from	year (2021) was fully paid in 2022.
		the last financial year?	-however, in 2022, the government
			continued cushion the final consumer from
			rise in fuel prices through the subsidy
			program. As at end of 2022, there is unpaid
			subsidy included in the increase under trade
			receivables.
			-the subsidy program was terminated in May
			2023
			-there have been several engagements
			between OMCs, Ministry of Energy and

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