Forming The investment platform for the Energy Transition Q1 2021 Results 22 April 2021 Singapore - refinery Neste Disclaimer

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Forward looking statements

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Forward-looking statements involve inherent risks and uncertainties and speak only as of the date they are made. Technip Energies undertakes no duty to and will not necessarily update any of the forward-looking statements in light of new information or future events, except to the extent required by applicable law.

Technip Energies – Q1 2021 Results 2 Welcome

Business highlights Arnaud Pieton CEO

Financial highlights

Bruno Vibert Outlook CFO

Technip Energies – Q1 2021 Results 3 Business highlights

Arnaud Pieton - CEO

Technip Energies – Q1 2021 Results 4 A leading E&T company for the Energy Transition Why invest in Technip Energies Strong positioning 1 • Leadership in LNG, H2 & ethylene

• Growing in blue and green H2, sustainable chemistry & CO2 management

Relevant capabilities • Global project delivery partner – with local expertise, smart energy engineers and trusted execution • Extensive and evolving technology portfolio – ability to integrate & scale up technologies

Financially robust • Extensive backlog & pipeline, strong revenue visibility with margin expansion potential • Asset light with strong balance sheet – early cash conversion, high ROIC2 potential and dividend commitment

1World leader in LNG - based on delivery of over 20% of operating LNG capacity. Percentage is based on operating capacity. delivered by Technip Energies / total industry operating capacity as of December 2019; source: IHS; Market leader position based on installed base of hydrogen plants; World leader in ethylene - based on the number of ethylene Technip Energies – Q1 2021 Results 5 production facilities awarded or technology licences selected since 2010; source IHS. 2 Return on invested capital calculated as: NOPAT (Net Operating Profit After Tax) / Invested Equity (Equity + Financial Debt excl. IFRS 16 lease). Forming Technip Energies Key transaction highlights

January 7 January 28 February 16 February 23 February 26 March 30

Announce First day of First day of resumption of Capital Markets FY 2020 Bpifrance2 trading on OTC1 trading in activities toward Day Results investment Euronext Paris ADRs separation

Accelerated deal Successful stock market TechnipFMC shareholding closing listing reduced to ~46%

1Over-the-counter 2Bpifrance acquired additional shares in Technip Energies from TechnipFMC in an amount of USD100 Million. Technip Energies – Q1 2021 Results 6 Q1 2021 Key highlights A solid platform to deliver on our ambitions for 2021 and beyond

Strong execution Major1 LNG contract Strategic progress in despite continuously win for the NFE project sustainable chemistry challenging environment in Qatar and circular economy

€1.6bn 5.9% €18bn Adjusted Revenue Adjusted Recurring Adjusted Backlog3 EBIT2 Margin

Financial information is presented under an adjusted IFRS framework, which records Technip Energies’ proportionate share of equity affiliates and restates the share related to non-controlling interests (see Appendix 9.0 of Q1 2021 Results Release), and excludes restructuring expenses, merger and integration costs, and litigation costs. 1 A “major” award for Technip Energies is a contract representing over €1 billion of revenue. Technip Energies – Q1 2021 Results 7 2 Adjusted recurring EBIT: adjusted profit before net financial expense and income taxes adjusted for items considered as non-recurring. 3 Backlog comprises secured & confirmed orders from customers which will generate future revenues with a high probability. Key operational highlights Solid progress despite the challenging environment worldwide

LNG / FLNG Offshore • Arctic LNG 2: Module • BP Tortue gas FPSO: construction for train 1 reached Successful launch of hull, 50% completion. installation of Living Quarters.

• Coral FLNG: Installation of 3 • Energean Power gas FPSO: Turret Mooring System Successful completion of last modules and first gas turbine heavy lift campaign in generator. Singapore. Arctic LNG2 Energean

Downstream TPS1 • Bapco Refinery expansion: • Neste bio-refinery Completion of heavy lifts in all expansion: Completion of all areas of the refinery. heavy lift activities.

• ENOC Jebel Ali: Commercial • Hengli liquid ethylene completion certificate received. cracker: Passed final performance acceptance test.

JebelBapco Ali Neste Singapore

1Technology, Products & Services. Technip Energies – Q1 2021 Results 8 Spotlight on recent major awards A leading partner for projects, services and products

Project Delivery North Field Expansion, Qatar Barauni Refinery upgrade, India • Delivery of four mega trains, each of 8Mtpa • Engineering, procurement, construction and capacity. commissioning contract for BR9 Expansion 1 Project. • Significant CCS facility for 2.5 Mtpa of CO2; >25% reduction in GHG emissions vs similar • Upgrade enables production of cleaner facilities. fuels (BS VI Grade, similar to Euro VI) and petrochemicals. • Early engagement: 50/50 JV with long-time partner Chiyoda, FEED provider.

Technology, Products & Services Project Management Consultancy Tianjin Nangang LNG Emergency services (Middle East) Storage Project (China) • Multi-year PMC2 services award. • Notification of Award from Beijing Gas • Consultancy, Project Engineering and Group Co., Ltd for the supply of 5 LNG Management services for various projects. marine loading arms.

1Carbon capture and sequestration. 2Project management consultancy. Technip Energies – Q1 2021 Results NFE9 A strengthened backlog Providing strong medium-term revenue visibility

Backlog by geography Backlog maturity in % per date of entry

Asia Pacific Europe & Africa 10% 11% 2018 & earlier 19%

2020 & 28% Q1 2021 32% 2018 Q1 2021 9% 49% ~ €7bn 33% ~ €18bn Americas 7% 2019 40% 16% 18% Middle East 30% Russia

• Strong backlog growth; geographically diversified • Only 11% awarded before 2019 • Early engagement strategy on all major projects • >70% Energy Transition, inc. LNG

Backlog comprises secured & confirmed orders from customers which will generate future revenues with a high probability. Technip Energies – Q1 2021 Results 10 Financial highlights

Bruno Vibert - CFO

Technip Energies – Q1 2021 Results 11 Robust start to 2021; confirming full year guidance

€1.6bn €91m €44m Adjusted Revenue Adjusted Recurring EBIT1 Adjusted Net profit2

Q1 2021 Financial Highlights

€6.5bn 1.7 €2.5bn Order Intake Book-to-bill, TTM3 Net cash

Financial information is presented under an adjusted IFRS framework, which records Technip Energies’ proportionate share of equity affiliates and restates the share related to non-controlling interests (see Appendix 9.0 of Q1 2021 Results Release), and excludes restructuring expenses, merger and integration costs, and litigation costs. 1Adjusted recurring EBIT: adjusted profit before net financial expense and income taxes adjusted for items considered as non-recurring. Technip Energies – Q1 2021 Results 12 2Net profit attributable to Technip Energies Group 3Trailing 12 months. Projects Delivery Resilient performance, substantial backlog growth

Revenue EBIT1 Backlog2 in € Million in € Million in € Billion

+X% -1% -25% +27% • Stable revenues Y/Y; low contribution from major awards in Q420 and Q121 1,300 120 16.6 1,260 1,252 101 • Expected margin decline; lower project1,250 100 completions and early phasing 15.0 13.1 1,200 80 76 • Strong Y/Y backlog growth; major LNG and downstream awards 11.0 1,150 60 8,0%

1,100 40 6,1% 7.0

1.8 1,050 20 Book-to-Bill, TTM3 1,000 0 3.0 Q1 2020 Q1 2021 Q1 2020 Q1 2021 Q120 Q121 EBIT margin

Financial information is presented under an adjusted IFRS framework, which records Technip Energies’ proportionate share of equity affiliates and restates the share related to non-controlling interests (see Appendix 9.0 of Q1 2021 Results Release), and excludes restructuring expenses, merger and integration costs, and litigation costs. 1 Adjusted recurring EBIT: adjusted profit before net financial expense and income taxes adjusted for items considered as non-recurring. Technip Energies – Q1 2021 Results 13 2 Backlog comprises secured & confirmed orders from customers which will generate future revenues with a high probability. 3TTM: trailing 12 months. Technology, Products & Services Solid Y/Y growth and margin improvement

Revenue EBIT1 Backlog2 in € Million in € Million in € Million +X%

+9% +132% +2% • Revenues benefit from growth in PMC and solid orders for Loading Systems 1,176 305 30 1200.0 1,151 300 280 26 1100.0 • Margin expansion; positive mix with 25 1000.0 growth in Product sales and services.250 900.0 20 • Resilient backlog Y/Y 200 800.0 8,5% 15 700.0 150 11 600.0 10 100 500.0

4,0% 400.0 1.0 50 5 Book-to-Bill, 300.0 TTM3 0 0 200.0 Q1 2020 Q1 2021 Q1 2020 Q1 2021 Q120 Q121 EBIT margin

Financial information is presented under an adjusted IFRS framework, which records Technip Energies’ proportionate share of equity affiliates and restates the share related to non-controlling interests (see Appendix 9.0 of Q1 2021 Results Release), and excludes restructuring expenses, merger and integration costs, and litigation costs. 1 Adjusted recurring EBIT: adjusted profit before net financial expense and income taxes adjusted for items considered as non-recurring. Technip Energies – Q1 2021 Results 14 2 Backlog comprises secured & confirmed orders from customers which will generate future revenues with a high probability. 3TTM: trailing 12 months. Solid foundation for future returns Balance sheet strength and focus on costs

Corporate costs €10 million Slightly below anticipated quarterly run-rate

Other P&L items Effective tax rate 33.7% In line with full year guidance

Non-recurring items €27 million Largely associated with Spin-off

Net cash €2.5 billion Benefiting from strong free cash flow

Balance Stable versus 2020 year-end position sheet Net contract liability €2.7 billion

Total invested equity €1.3 billion After contribution to TechnipFMC

Financial information is presented under an adjusted IFRS framework, which records Technip Energies’ proportionate share of equity affiliates and restates the share related to non-controlling interests (see Appendix 9.0 of Q1 2021 Results Release), and excludes restructuring expenses, merger and integration costs, and litigation costs. Technip Energies – Q1 2021 Results 15 Strong cashflow generation

Cashflow bridge in € Million

• Bridge reflects impact of Separation and Distribution Agreement1

• Cash from operations benefit from project working capital inflows

• Free cash flow2: €272 million; low capex reflects asset light business model

Financial information is presented under an adjusted IFRS framework, which records Technip Energies’ proportionate share of equity affiliates and restates the share related to non-controlling interests (see Appendix 9.0 of Q1 2021 Results Release), and excludes restructuring expenses, merger and integration costs, and litigation costs. 1The Separation and Distribution Agreement relates to certain transactions which were carried out in the execution of the spin-off of Technip Energies resulting notably in cash Technip Energies – Q1 2021 Results 16 transfers between Technip Energies and TechnipFMC as well as some contributions. 2Free cash flow is calculated as cash provided by operating activities of €279.8 less capital expenditures, net, of €8 million. Outlook

Arnaud Pieton - CEO

Technip Energies – Q1 2021 Results 17 Rising to the decarbonization challenge Growth market solutions for traditional markets

Strongly influencing Fueling Traditional markets Growth markets

• LNG, downstream & • Blue hydrogen, CO2 management, petrochemical Accelerating Sustainable Chemistry decarbonization • Key solutions: hydrogen, CCS, • Industry collaboration and innovation to energy efficiency deliver economic solutions

Why Technip Energies is relevant Technology integration skills Unique combination of LNG, hydrogen, renewables and CCUS expertise

Technip Energies – Q1 2021 Results 18 Sustainable Chemistry – positioning in growth markets

Bio-fuels Bio-chemistry Circular economy

• Technology integration • Technology integration • Technology development Intimate understanding of Neste’s UPM Biochemicals; Europe’s IBM and Under Armour JV NEXBTL largest biorefinery for PET2 • Technology enabling • Technology enabling • Technology commercialisation Hummingbird® selected by Epicerol© selected by Meghmani Synova's plastic waste-to-olefins LanzaTech for SAF1 Finechem

Technology driven approach for a better tomorrow

1Sustainable Aviation Fuel. 2Polyethylene terephthalate Technip Energies – Q1 2021 Results 19 Positioning in Energy Transition Strong engagement in major growth markets

Energy Transition contracts1 Energy Transition contracts Energy Transition contracts secured 2020 – Q1 2021 by project phase, 2020 – Q1 2021 By end market, 2020 – Q1 2021

EPC phase Sustainable LNG 20% Chemistry 23% 32%

Concept 9% Carbon Free >100 studies / Energies FEED 80% phase 37% Decarbonization

• Strong momentum in Energy • Majority of prospects remain in • Notable activity in LNG, bio-fuels, Transition contract awards concept and study phase bio-chemistry, hydrogen and CCUS

1”Contracts” include concept and feasibility studies, FEEDs, EPC and services projects. Technip Energies – Q1 2021 Results 20 ESG in action during Q1 2021 Integrating our sustainability strategy across our business

Engaging Including

• ESG roadmap and materiality • Expose 90% of employees to assessment launched inclusive leadership in 2021 Hire 50% of women in 2021 • Signatory of UN Global Compact • graduate intake • ESG component in management • Garima initiative on women compensation for 2021 empowerment in India

Protecting Complying • Solid TTM1 safety • Dedicated “train the trainer” performance: TRIR2 of 0.04 compliance program

• Virtual site visits as part of our • Anti-Bribery and Covid-19 response plan Corruption microlearning sessions • >5%3 for re-used water consumption / waste recycling

1Trailing 12-months. 2TRIR: total recordable incident rate for 2020 of 0.04 compares with 5-year average of 0.12. 3Target for 2021. Technip Energies – Q1 2021 Results 21 Key takeaways

Forming Successful Spin-off transaction and stock market listing; Technip Energies Bpifrance invests $100 million

Solid platform Resilient Q1 2021 results, robust order intake, solid balance sheet, and confidence to deliver on full year guidance

Positive outlook Strong backlog underpinning medium-term growth outlook; significant progress on Energy Transition strategy

Technip Energies – Q1 2021 Results 22 Q&Astability Appendixstability 2021 Guidance Confidence in our outlook

Effective Revenues EBIT margin1 tax rate €6.5 - 7.0bn 5.5% - 6.0% 30 - 35% (exc. one-off cost of €30m)

Financial information is presented under an adjusted IFRS framework, which records Technip Energies’ proportionate share of equity affiliates and restates the share related to non-controlling interests (see Appendix 9.0 of Q1 2021 Results Release), and excludes restructuring expenses, merger and integration costs, and litigation costs. Additional guidance items include: (1) Yamal net contract liability reduction of €150 – 200m; and (2) depreciation and amortization expense of approximately €100m. Technip Energies – Q1 2021 Results 25 1 Adjusted recurring EBIT: adjusted profit before net financial expense and income taxes adjusted for items considered as non-recurring. Backlog schedule

€17,805m Total Backlog

€5,129m

€5,776m 2021 (9M) €6,900m 2022

2023+

Backlog comprises secured & confirmed orders from customers which will generate future revenues with a high probability. Technip Energies – Q1 2021 Results 26 Adjusted statements of income

Financial information is presented under an adjusted IFRS framework, which records Technip Energies’ proportionate share of equity affiliates and restates the share related to non-controlling interests (see Appendix 9.0 of Q1 2021 Results Release), and excludes restructuring expenses, merger and integration costs, and litigation costs. Technip Energies – Q1 2021 Results 27 Adjusted statements of financial position

Financial information is presented under an adjusted IFRS framework, which records Technip Energies’ proportionate share of equity affiliates and restates the share related to non-controlling interests (see Appendix 9.0 of Q1 2021 Results Release), and excludes restructuring expenses, merger and integration costs, and litigation costs. Technip Energies – Q1 2021 Results 28 Adjusted statements of cashflows

Financial information is presented under an adjusted IFRS framework, which records Technip Energies’ proportionate share of equity affiliates and restates the share related to non-controlling interests (see Appendix 9.0 of Q1 2021 Results Release), and excludes restructuring expenses, merger and integration costs, and litigation costs. Technip Energies – Q1 2021 Results 29 Differentiated capital structure

Strong liquidity Significant net cash in € Million in € Million

3,500 Commercial Paper & Other

108 98 3,000 3,199 750 620 3,851 2,500 Bridge to Bond 2,471 3,199 2,000

1,500

1,000 Cash RCF Outstanding Liquidity, net Cash Gross Debt Net Cash Commercial Paper & Other

• €3.9 billion liquidity incl. €3.2 billion of cash • €620 million of bridge loan drawn at Spin-off • Commercial paper fully backstopped by the RCF • BBB/A-2’ investment grade rating confirmed by S&P Global after Spin-off

Financial information is presented under an adjusted IFRS framework, which records Technip Energies’ proportionate share of equity affiliates and restates the share related to non-controlling interests (see Appendix 9.0 of Q1 2021 Results Release), and excludes restructuring expenses, merger and integration costs, and litigation costs. Technip Energies – Q1 2021 Results 30 Yamal LNG – Interpreting the disclosures

Project disclosure data Contract liabilities structure In € Millions Contract liabilities Reduction in contract liabilities: €37m December 31, 2020 to March 31, 2021 345 308 Dec 31, 2020 Mar 31, 2021 Payments to Vendors or Technip Energies

Cash required by operating activities Vendor (Cost) (13) (5) Continued strong execution Mar 30, 2020 Mar 30, 2021 and plant performance will Three months ended Three months ended reduce project cost, increasing Technip Energies profit

Financial information is presented under an adjusted IFRS framework, which records Technip Energies’ proportionate share of equity affiliates and restates the share related to non-controlling interests (see Appendix 9.0 of Q1 2021 Results Release), and excludes restructuring expenses, merger and integration costs, and litigation costs. Technip Energies – Q1 2021 Results 31 Stock information and ADR Stock ADR program

Listed on Euronext Paris / SBF 120 index

Ticker code: TE / ISIN code: NL0014559478 Exchange: Over-the-Counter

Free float: 90.1 million / Outstanding shares: 179.8 million Ratio: 1 ADR : 1 ORD Market Cap at March 31, 2021: €2.3 billion

Volume Share price € 10,000,000 16 • DR ISIN: US87854Y1091 9,000,000 14 • Symbol: THNPY 8,000,000 12 7,000,000 • CUSIP number: 87854Y109 10 6,000,000 • American Depositary Receipt (ADR) Program: 5,000,000 8 Sponsored Level I 4,000,000 6 3,000,000 • Sponsor of ADR program: 4 2,000,000 J.P. Morgan ChaseBank, N.A. 2 1,000,000 • 0 0 For further information: https://www.adr.com/drprofile/87854Y109

Volume High Low Close

Source: Thomson Reuters Eikon Technip Energies – Q1 2021 Results 32 Investor Relations Phillip Lindsay Vice President, Investor Relations Tel: +44 20 3429 3929 [email protected]