On April 18, 2023, Technip Energies (Paris:TE) (ISIN:NL0014559478) announced the launch of ESOP 2023, an employee share ownership transaction offered to approximately 12,000 eligible employees in 19 countries, with the main objective of involving employees in the company's long-term value creation.

The operation was based on two offers: 'ESOP Classic', allowing to subscribe to a discounted price with the benefit of the contribution, 'ESOP Leverage', allowing to benefit from protection of the personal contribution, and the greater of (i) a guaranteed minimum return over the investment period and (ii) a multiple of the protected average increase in the Technip Energies share price.

These two offerings were offered as part of Technip Energies' Group Savings Plan (PEG) and International Group Savings Plan (PEGI). 1,756,434 new shares were issued during this capital increase on September 19, 2023, representing 0.98% of the share capital, for a total proceeds of the issue amounting to EUR29,999,892.72.

This first operation was a success, as the volume of applications was significantly higher than the planned envelope. Indeed, more than 4500 employees have chosen to subscribe to the ESOP 2023 offer, bringing the overall subscription rate to 33%.

This success demonstrates the teams' confidence and commitment to Technip Energies' strategy and a strong sign of their commitment to the long-term value creation that Technip Energies and its employees are collectively building for the future.

About Technip Energies

Technip Energies is a leading engineering and technology company serving the energy transition, with leading positions in Liquefied Natural Gas (LNG), hydrogen and ethylene and with a strong presence in the growing markets of blue and green hydrogen, sustainable chemistry and CO management.2. The company benefits from its strong project delivery model, supported by an extensive offering of technologies, products and services.

With a presence in 35 countries, our 15,000 employees are fully committed to bringing our customers' innovative projects to life, pushing the boundaries of what is possible to accelerate the energy transition towards a better future.

Technip Energies is listed on Euronext Paris with U.S. depositary receipts ('ADR'). More information: https://www.ten.com

Contact:

Tel: +44 (0) 20 7585 5051

Email: Phillip Lindsay

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