Capturing

Strategic opportunities in low-carbon LNG and CCS

Q1 2024 Results

Forward looking statements

This presentation contains forward-looking statements that reflect Technip Energies' (the "Company") intentions, beliefs or current expectations and projections about the Company's future results of operations, anticipated revenues, earnings, cashflows, financial condition, liquidity, performance, prospects, anticipated growth, strategies and opportunities and the markets in which the Company operates. Forward-looking statements are often identified by the words "believe", "expect", "anticipate", "plan", "intend", "foresee", "should", "would", "could", "may", "estimate", "outlook", and similar expressions, including the negative thereof. The absence of these words, however, does not mean that the statements are not forward-looking. These forward-looking statements are based on the Company's current expectations, beliefs and assumptions concerning future developments and business conditions and their potential effect on the Company. While the Company believes that these forward-looking statements are reasonable as and when made, there can be no assurance that future developments affecting the Company will be those that the Company anticipates.

All of the Company's forward-looking statements involve risks and uncertainties, some of which are significant or beyond the Company's control, and assumptions that could cause actual results to differ materially from the Company's historical experience and the Company's present expectations or projections. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those set forth in the forward-looking statements.

For information regarding known material factors that could cause actual results to differ from projected results, please see the Company's risk factors set forth in the Company's 2023 Annual Financial Report filed on March 8, 2024, with the Dutch Autoriteit Financiële Markten (AFM) and the French Autorité des Marchés Financiers (AMF) which include a discussion of factors that could affect the Company's future performance and the markets in which the Company operates.

Forward-looking statements involve inherent risks and uncertainties and speak only as of the date they are made. The Company 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 2024 Results 2

Welcome

Business highlights

Financial highlights

Arnaud Pieton

CEO

Bruno Vibert

CFO

Technip Energies - Q1 2024 Results 3

Business highlights

Arnaud Pieton - CEO

Q1 2024 - Key highlights

Solid start to the year; on track to deliver full year guidance

1.5bn

90m

Adjusted revenue

Adjusted net profit1

Q1 2023: €1.4bn

Q1 2023: €80m

15.3bn

Adjusted backlog

Q1 2023: €12.0bn

Material Y/Y growth in

Growing demand for TPS

revenue and net profit

offerings reflected in strong

segment orders

Selected for major awards in low-carbon LNG and carbon

capture confirms market leadership

Financial information is presented under adjusted IFRS (see Appendix 8.0 of Q1 24 Results Release). Reconciliation of IFRS to non-IFRS financial measures provided

Technip Energies - Q1 2024 Results 5

in appendices.

1 Adjusted net profit attributable to Technip Energies Group

Q1 2024 operational highlights

Delivering across the portfolio

Project Delivery

TPS

NFS

LNG

  • Qatar NFS: first piping installation completed for fresh cooling water.
  • Qatar NFE: All equipment delivered for 1st train, first pre-commissioning activities commenced.

Midor

Downstream

  • Midor Refinery Expansion: All refinery units online; full crude processing capacity reached.
  • HPCL Visakh hydrogen: Official certificate for completion of commissioning received.

Freedom Pines

SAF

  • LanzaJet Freedom Pines: Inauguration of SAF plant using T.EN's Hummingbird® technology.

CCS

  • ExxonMobil LaBarge CCS: Construction progressing with major foundations in place.

Technip Energies - Q1 2024 Results 6

Strengthening leadership

T.EN selected for first-of-a-kind low carbon LNG and CCS projects

Low Carbon LNG

Carbon Capture

Ruwais

9.6

Mtpa

LNG1

Nameplate capacity

Abu Dhabi

for two LNG trains

T.EN selected as leader of EPC consortium

  • The first LNG export facility in MENA region to run on clean power.
  • LNG plant to use electric-driven motors and powered by nuclear energy.

Marsa

1.0

Mtpa

LNG2

Nameplate capacity

Oman

for one LNG train

T.EN awarded substantial4 EPC project

  • LNG plant powered by renewable electricity from nearby solar farm.
  • LNG produced to be used as marine fuel to reduce shipping industry's carbon footprint.

Net-Zero

2.0

CO2 captured

Mtpa

Teesside3

per year

CO2 captured

UK

T.EN-led consortium selected for project's

execution phase

  • First-of-a-kindgas-fired power station fully integrated with carbon capture technology.
  • NZT to provide flexible, dispatchable low- carbon power to equivalent of 1.3m homes.

1 Ruwais LNG project is pending customer final investment decision. The Limited Notice To Proceed scope is included within Q1 2024 backlog.

2 Marsa LNG project awarded in April 2024, and will be included in Q2 2024 order intake and backlog.

Technip Energies - Q1 2024 Results 7

  1. Net-ZeroTeesside project is pending customer final investment decision and not included in Q1 2024 backlog.
  2. A "substantial" award for Technip Energies is a contract award representing between €500 million and €1 billion of revenue.

Delivering on our strategy

Wide adoption of T.EN's solutions

WINNING

MEDIUM-TERM

DISRUPTIVE

STRATEGIC PARTNERSHIPS

INNOVATION

& INVESTMENTS

CCS early engagement momentum

  • Viridor's Runcorn energy-from-waste project
  • Harbour Energy's Viking CCS project
  • Uniper's Grain CCGT power station
  • EPF1 for first C10 unit from Canopy by T.EN range for Carbon Centric's project
  • Heidelberg Materials' CCUS project to decarbonize cement production

CO2 to ethylene

  • T.EN & LanzaTech selected by US DOE2 for ~$200M of IRA funding for commercial plant
  • Transformational technology to produce sustainable ethylene from captured CO2
  • Plan to full test & develop technology at scale, and integrate into existing ethylene crackers

Floating offshore wind

  • Creation of EkWil: Leaders in FOW3 - T.EN and SBM Offshore join forces
  • Combination of proven technologies, engineering know-how and delivery expertise
  • Enhancing execution certainty and cost competitiveness in nascent market

1 EPF: Engineering, Procurement & Fabrication.

2

United States Department of Energy.

Technip Energies - Q1 2024 Results 8

3

FOW: Floating Offshore Wind.

Sustainability fully embedded in our strategy

A detailed and comprehensive sustainability report

CLIMATE & ENVIRONMENT

PEOPLE

T.EN UNIVERSITY

23

TRUST

28%

91%

Reduction for scope

Waste recycled

1 & 2 GHG emissions

compared to 2021

Learning hours per employee

(vs. 10 hours in 2022)

30.5%

of women in the workforce (vs. 29.7% in 2022)

Adoption of

1st ESG Suppliers'

Council - onboarding our

Human Rights Policy

major suppliers

100%

Biodiversity

Technology & innovation

Zero projects in

R&D dedicated to

IUCN1 category I

sustainability

and II

24,000+

Volunteering hours

Industry leading safety

250 million worked hours with zero fatalities & LTIR2 of 0.01

40%

of women on the Board of Directors

Integrity @ the core

A campaign promoting the importance of compliance

Key figures 2023

1 IUCN: International Union for Conservation of Nature.

Technip Energies - Q1 2024 Results 9

2 LTIR: Lost Time Injury Rate per 200,000 hours worked.

Financial highlights

Bruno Vibert - CFO

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Disclaimer

Technip Energies NV published this content on 02 May 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 May 2024 11:52:14 UTC.