Q2 2022 Technip Energies Investor Relations Overview
2Technip Energies – IR Overview
DisclaimerThis Presentation is intended for informational purposes only for the shareholders of Technip Energies. This Presentation is not intended for distribution in jurisdictions that
require prior regulatory review and authorization to distribute a Presentation of this nature.
Forward looking statementsThis Presentation contains “forward-looking statements” as defined in Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United
States Securities Exchange Act of 1934, as amended. Forward-looking statements usually relate to future events and anticipated revenues, earnings, cash flows or other aspects
of Technip Energies’ operations or operating results. 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 Technip Energies’ current expectations, beliefs and assumptions concerning future
developments and business conditions and their potential effect on Technip Energies. While Technip Energies believes that these forward-looking statements are reasonable as
and when made, there can be no assurance that future developments affecting Technip Energies will be those that Technip Energies anticipates.
All of Technip Energies’ forward-looking statements involve risks and uncertainties (some of which are significant or beyond Technip Energies’ control, such as Russia’s invasion
of Ukraine, the associated sanctions and the impact these will have on our and/or our customers' activities conducted in or related to Russia) and assumptions that could cause
actual results to differ materially from Technip Energies’ historical experience and Technip Energies’ 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 Technip Energies’ risk factors set forth in Technip
Energies’ filings with the U.S. Securities and Exchange Commission, including its 2021 Form 20-F filed on March 25, 2022.
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.
4Technip Energies – IR Overview
A leading E&T company for the Energy TransitionWhy invest in Technip Energies
• Leadership1 in LNG, H2 & ethylene
• Growing in blue and green H2, sustainable chemistry & CO2
management
Strong positioning
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; source: IHS; Market leader position based on installed base of hydrogen plants; World leader in ethylene - based on the number of ethylene production
facilities awarded or technology licences selected since 2010; source IHS.2Return on invested capital calculated as: NOPAT (Net Operating Profit After Tax) / Invested Equity (Equity + Financial Debt excl. IFRS 16 lease).
5Technip Energies – IR Overview
€15.6B3
Backlog
TEEuronext Paris listing ticker
ADRs for US investors
€6.7B1
Revenue
BBB-Investment grade rating4
~15,000Employees in 34 countries
ParisHeadquarters (the Netherlands
incorporated)
60+Years of operations
A leading E&T2 company
for the Energy Transition
At a glance
Financial information is presented under Adjusted IFRS (see Appendix 8.0 of Q1 2022 Results Release). Reconciliation of IFRS to non-IFRS financial measures are
provided in Appendix 1.0, 2.0, 3.0.1 Revenue for 12-months ending December 31, 2021, included approximately 35% associated with projects under execution in Russia.2 Engineering & Technology3 Adjusted backlog as of March 31, 2022, included approximately €3.4 billion associated with projects under execution in Russia.4 Rating evaluation of S&P Global: BBB-, Outlook Stable & A-3 short-term rating, as of March 11, 2022.
€0.45/shProposed dividend for 2021
6Technip Energies – IR Overview
Projects Delivery
€5.4B1 revenue
A diversified provider of projects, technologies, products and services
Our business
Technology, Products & Services
€1.3B1 revenue
Financial information is presented under Adjusted IFRS (see Appendix 8.0 of Q1 2022 Results Release). Reconciliation of IFRS to non-IFRS financial measures are provided in
Appendix 1.0, 2.0, 3.0.1 Revenue for 12-months ending December 31, 2021, included approximately 35% associated with projects under execution in Russia.
• Engineering and project management expertise
• Technology integration on complex projects
• Diverse commercial strategies, selective model
• Process technologies and proprietary products
• Concept, feasibility, FEED, studies and licensing
• Advisory and consultancy enabled by digital
7Technip Energies – IR Overview
Strong track record in delivering sustainable products and solutions
Energy Transition is our business
Strategic flexibility – 'architect mindset'
meeting customer needs from energy source
to end-use.
• Feedstock agnostic – outstanding energy
molecule transformation capabilities.
• Technology-driven – integrate complex
technologies, including proprietary, to meet
project specificities and economic hurdles.
Exceptional execution – proven operating
model, highly applicable to sustainable
energy solutions.
1CCUS: Carbon Capture, Utilization and Storage.
LNGOnshore and offshore
liquefaction
DecarbonizationEnergy efficiency, Blue
hydrogen, CCUS1
Carbon-free
energy solutionsGreen hydrogen, offshore wind, nuclear
Sustainable
chemistryBiofuels, biochemicals,
circular economy
8Technip Energies – IR Overview
Intellectual property portfolio expansion
Proprietary technology and innovation platformsA leading portfolio of process technologies; bringing external / internal energies together
2012 2021
+ 1,500
patents
Sustainable
Chemistry
Zimmer
acquisition
Badger
portfolio
+ 3,000
patents+100%
Incubating &
developing
technologies
Weymouth
R&D center
Frankfurt
R&D center
Scale-up of
breakthrough
technologies
Working with
institutions on
R&D
9Technip Energies – IR Overview
Ensures quality backlog, de-risked execution & consistent performance
Disciplined commercial approach reduces risk
Known Partners & Geography
Work with who you know, and
where you know
Technology Mastery
Intimate understanding of
technology, proprietary or partners
Early engagement
Evaluate technical cost; identify key
project risks and mitigation strategies
Alignment with ESG1 Roadmap
Integrated into business strategy;
targeting work consistent with roadmap
T.EN
Selectivity
Criteria
T.EN
Ground
Rules& De-risked procurement
Minimize exposure to market fluctuations;
back-to-back supply chain commitments,
embedded escalation / indexation clauses
Contracting strategy
Reflects risk / reward specificities of each
project; reimbursable, lump-sum, hybrid,
convertible models
Involvement from inception
A condition when targeting large EPC with
lump-sum content
Rigorous project management
Constant monitoring through monthly
Project Reviews, supported by culture of
transparency
1 Environment, Social and Governance.
11Technip Energies – IR Overview
0.6Book-to-bill, TTM3
Q1 2022 Financial Highlights
Robust Q1 Performance
€107mAdjusted Recurring EBIT1
€72mAdjusted Net profit2
€1.6bnAdjusted Revenue1
€3.3bnAdjusted Net cash
€0.6bnAdjusted Order Intake
Financial information is presented under Adjusted IFRS (see Appendix 8.0 of Q1 2022 Results Release). Reconciliation of IFRS to non-IFRS financial measures are provided
in Appendix 1.0, 2.0, 3.0.1 Adjusted Revenue and Adjusted Recurring EBIT includes €445.4m and €22.2m respectively from projects under execution in Russia.2 Net profit attributable to Technip Energies Group.3 Trailing 12 months.
12Technip Energies – IR Overview
5668
20
22
0
10
20
30
40
50
60
70
80
90
100
Q1 2021 Q1 2022
687844
565
445
0
200
400
600
800
1 000
1 200
1 400
Q1 2021 Q1 2022
Improving performance of underlying business
Projects Delivery
• Significant Y/Y growth in portfolio
outside of Russia as projects ramp up.
• Strong execution and maturing portfolio
delivering increased Y/Y margins.
• Key Q1 win: Significant Melamine plant
for PETRONAS; TTM book-to-bill
impacted by Qatar NFE falling out.
+X%
Revenuein € Million
12,311,0
4,3
3,4
3,0
7,0
11,0
15,0
Q1 2021 Q1 2022
3%
EBIT in € Million
19%
Financial information is presented under Adjusted IFRS (see Appendix 8.0 of Q1 2022 Results Release). Reconciliation of IFRS to non-IFRS financial measures are provided
in Appendix 1.0, 2.0, 3.0.1 Trailing 12 months.
0.5Book-to-Bill,
TTM1
Backlogin € Billion
EBIT margin
7.0%
-13%
6.1%
Project under execution in Russia
13Technip Energies – IR Overview
26
30
Q1 2021 Q1 2022
Solid Y/Y growth and margin improvement
Technology, Products & Services
305
329
Q1 2021 Q1 2022
+X%
1 1761 205
Q1 2021 Q1 2022
• Growth led by engineering and PMC
services.
• Margin benefiting from higher activity
levels, notably in PMC, and advisory
services performed by Genesis.
• Solid order momentum; keeping
pace with revenue growth.
Revenuein € Million
8% 2%
EBIT in € Million
17%
Backlogin € Million
1.0Book-to-Bill,
TTM1
8.5%
9.2%
EBIT margin
Financial information is presented under Adjusted IFRS (see Appendix 8.0 of Q1 2022 Results Release). Reconciliation of IFRS to non-IFRS financial measures are provided
in Appendix 1.0, 2.0, 3.0. 1 Trailing 12 months.
14Technip Energies – IR Overview
Other key metrics and balance sheet
Corporate costs
R&D
Effective tax rate
Goodwill
Net cash
Net contract liability
€12.8 million Includes FX impact of €(4.6) million.
Significantly higher Y/Y; spend focused on energy
transition strategy.
In line with financial framework for 2022.
Updated test confirms no impairment required.
Enabled by strong free cash flow.
Increased in line with net cash vs FY 2021 position.
Balance
Sheet
€11.1 million
28.9%
€2.1 billion
€3.3 billion
€3.2 billion
Income
Statement
Financial information is presented under Adjusted IFRS (see Appendix 8.0 of Q1 2022 Results Release). Reconciliation of IFRS to non-IFRS financial measures are provided
in Appendix 1.0, 2.0, 3.0.
15Technip Energies – IR Overview
Robust Free Cash Flow strengthens cash position
Cashflow bridge in € Million
Financial information is presented under Adjusted IFRS (see Appendix 8.0 of Q1 2022 Results Release). Reconciliation of IFRS to non-IFRS financial measures are provided in
Appendix 1.0, 2.0, 3.0.1 Free cash flow is calculated as cash provided by operating activities of €194.1 million less capital expenditures, net, of €8.8 million.
• Free Cash Flow1 of €185 million, reflects strong operational
performance and €86 million working capital benefit.
• Net of working capital, Free Cash Flow of €99 million.
• Other notable cash flow items include:
• Repayment of short-term debt and leases of €70 million.
• Share repurchases of €25 million (include share
repurchase from TechnipFMC).
17Technip Energies – IR Overview
2022 Financial Framework
Revenues
€5.0 - 5.5bn
EBIT marginEffective
tax rate
28 - 32%
Financial information is presented under Adjusted IFRS (see Appendix 8.0 of Q1 2022 Results Release). Reconciliation of IFRS to non-IFRS financial measures are provided
in Appendix 1.0, 2.0, 3.0.
At least 6.5%
Excludes estimated contribution from
projects under execution in Russia
Excludes estimated EBIT contribution from
projects under execution in Russia
18Technip Energies – IR Overview
Energy Transition contracts1
secured in FY 2021
The importance of selectivity in a changing energy environment
Continued momentum in commercial outlook
• Substantial pipeline of conventional
market opportunities
• Commercial strategy centred on
Energy Transition, including LNG
1 Contracts” include concept and feasibility studies, FEEDs, EPC and services projects.
• Strong Y/Y momentum in Energy
Transition contract awards
• Majority of prospects remain in
concept and study phase
• FID inflection point in 2022;
Acceleration in 2023+
• Driving opportunities in Project
Delivery and TPS
Total commercial pipeline, ex Russia2022 / 23
>€60Bn
Energy transition, ex LNG, ex Russia Commercial pipeline, 2022 / 23
~€8Bn
Energy
Transition,
inc LNG
Traditional
markets
Sustainable
Chemistry
Decarbonization
Carbon Free
>150+45% vs 2020
19Technip Energies – IR Overview
Filling supply gap sooner; the “need for speed”
• Europe urgently requires reliable long-term supply of natural gas.
• Europe currently imports ~130Mtpa2 via pipeline from Russia.
• Any reduction in pipeline supply to Europe will mostly be compensated with
LNG.
• Middle East and Americas best positioned to respond.
T.EN to enable fast track LNG development
• Selectively target and execute traditional large train export terminals.
• Leverage SnapLNG™.
• Seize FLNG opportunities as they become viable.
Decarbonization agenda remains strong
• Low emission and fully electrified zero carbon LNG production.
• Brownfield opportunities to debottleneck and decarbonize.
LNG has become critical for energy security Acceleration in new LNG capacity required with a geographic shift in future supply
1 Based on Technip Energies estimates derived from IHS / S&P Global. Includes approximately 130Mtpa currently under construction.2 Europe imported 175bcm of Russian pipeline gas in 2019 (last full year pre-Covid19), equivalent to ~130Mtpa based on a conversion factor of 0.735 Mtpa/bcm. Source Cedigaz; bp.
2021 nameplate capacity
2030e nameplate capacity
2030
Estimated new LNG
capacity required
+210Mtpa1
Americas
Australia
Africa
APAC
Russia
Middle East
187104101 164
11359
9388
7365
?30
20Technip Energies – IR Overview
Investing and partnering to drive energy transition
• Investment and strategic partnership with Hy2gen.
• A Green H2 Design – Build – Own and Operate (DBOO) company.
• Large pipeline of projects producing Green H2-based fuels.
• Deep technological knowledge; technology agnostic approach.
• A new business model for Technip Energies to capture and retain
value.
• Equity model with access to project development.
• Operating model: preferred rights on services / projects.
• Process technology to produce MEG3 from corn for renewable plastics.
• Strengthens Technip Energies circularity portfolio.
1 FOW: Floating Offshore Wind.2 LCOE: Levelized Cost Of Energy.3 MEG: Mono-ethylene glycol.
• Investment in next-generation FOW1 technology.
• Develop mass manufacturable, competitive structure to lower LCOE2.
• Strengthen FOW positioning with a pioneering technology.
Deliver on ESG
roadmapRetain ValuePromote services
Technip Energies forging its path in the energy transition
Expand technology
portfolio
Strengthen R&D and
innovation
23Technip Energies – IR Overview
-30% Scope 1 & 2
by 2025
25% Women in
leadership
by 2025
50%Women hiring
on graduate
intake
40% Women on
the Board
by 2024
Supply Chain
ESG Council
ESGROADMAP
Highlights
Net Zero 1 & 2
by 2030
100% R&D to Energy
Transition
And many more…
Zero Non-mandatory
CI1 by 2025
Human Rights
Management
System
1 CI: Commercial Intermediaries2 25% of the Annual Bonus Performance and 25% of Performance Stock for the CEO, ExCom and all eligible employees
25% Compensation
ESG-linked2
Global Core
Benefits
Committed to
SBTi
100%ESG Suppliers
Qualification
25Technip Energies – IR Overview
ES
G S
co
rec
ard
Pillar Target Target
Reduce Scope 1 & 2 emissions compared to 2019 -30% by 2025
Net Zero scope 1 & 2 Net Zero by 2030
Data centers zero carbon footprint certified 100% by 2025
Report full scope 3 emissions Complete by 2023
R&D budget allocation to our Energy Transition Pillars 100% by 2025
Main entities ISO 14001 certified 100% by 2025
Water consumed on sites from reused sources 50% by 2025
Waste valorized 85% by 2025
Women hiring on yearly graduate intake 50% yearly
Women in leadership positions 25% by 2025
Main countries2 have local diversity action plan 100% by 2025
Eligible construction sites with BBS program 100% by 2025
Entities complying with our new core benefits standard worldwide > 90% by 2025
Employees participating in the ESG learning > 90% by 2022
International Graduate Program dedicated to Energy Transition Done by 2023
Women on the Board of Directors 40% by 20241
Link compensation to ESG Roadmap performance annually Complete yearly
Yearly ABC training for all at risk functions and gatekeepers >90% yearly
Continued reduction of non-mandatory commercial intermediaries -100% by 2025
Supplier and subcontractor qualification integrates ESG criteria 100% by 2023
Key suppliers and subcontractors monitored and audited on ESG performance 100% by 2025
Eligible projects with Human Rights Management System 100% by 2025
Volunteering hours 30,000 by 2025
Completed 2021
63%
21.3%
75%
-8%
68%
1 Technip Energies consider all targets to be achieved and completed by the end of the year committed. With the exception, the 40% of Women on the
Board of Directors is planned to be achieved and reported on or before the Company’s 2024 AGM.2 France, India, Italy, USA, UAE, Malaysia, Spain, United Kingdom, Netherlands, Colombia
ESGSCORECARD
18.8 kt CO2eq
12%
50%
75%
14,360
2021 Status Target1
50%
30%
Pillar Ambition
26Technip Energies – IR Overview
Backlog schedule
€12,220.9m
€3,928.4m
€4,640.1m
€3,652.5m
2022
(9M)
2023
2024+
Total
Backlog
Adjusted backlog at March 31, 2022, included approximately €3.4 billion associated with projects under execution in Russia.
Backlog from projects under
execution in Russia
€3,411.5m
27Technip Energies – IR Overview
303288
393
354
431
0255075
100125150175200225250275300325350375400425450475
FY 2017 FY 2018 FY 2019 FY 2020 FY 2021
5 242
4 467
5 530
6 015
6 667
2 300
2 800
3 300
3 800
4 300
4 800
5 300
5 800
6 300
6 800
7 300
FY 2017 FY 2018 FY 2019 FY 2020 FY 2021
Financial performance – a long-term perspective
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 FY 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.2 Backlog comprises secured & confirmed orders from customers which will generate future revenues with a high probability.
EBIT margin
4,7
7,4
15,9
12,7
16,4
3,0
7,0
11,0
15,0
FY 2017 FY 2018 FY 2019 FY 2020 FY 2021
+X%
Adjusted Revenuein € Million
11%Vs 2020
Adjusted Recurring
EBIT1
in € Million
22%Vs 2020
Adjusted Backlog2
in € Billion
29%Vs 2020
6.5%
5.9%
7.1%
6.4%
5.8%
28Technip Energies – IR Overview
Consistency in financial performance drives high returns on invested capital
Capital allocation – a flexible framework
13% 12%14%
0
2
4
6
8
10
12
14
16
2019A 2020A 2021A
SHAREHOLDER DIVIDEND
Intent to pay a dividend annually that is sustainable with potential for
growth over time. 2021: €0.45/sh2.
INVESTMENTS
Deploying capital to capture energy transition technologies /
opportunities, and associated business models.
BALANCE SHEET STRENGTHENING
Allowing utilization of excess cash flow to strengthen balance sheet
and reserves.
Sustainable high ROIC1
Balance sheet
strengthening
1Return on invested capital calculated as: NOPAT (Net Operating Profit After Tax) / Invested Equity (Equity + Financial Debt excl. IFRS 16 lease). Equity & financial debt based on target opening
capital structure for 2019/20 and IFRS adjusted actual figures for 2021. 2019/20/21 NOPAT based on IFRS adjusted actual figures.
Balanced
capital
allocation
29Technip Energies – IR Overview
3,928 595
3,292
41
Cash Gross Debt Net Cash
Differentiated capital structure
2022 Q1 Liquidity in € Million
3,928
750
30
4,648
Cash RCF OutstandingCommercial
Paper
Liquidity, net
Commercial Paper
& Other
the Notes1
Financial information is presented under Adjusted IFRS (see Appendix 8.0 of Q1 2022 Results Release). Reconciliation of IFRS to non-IFRS financial measures are provided in
Appendix 1.0, 2.0, 3.0.1 1.125% senior unsecured notes due 2028; €594 million reflects the €600 million Notes net of fees and redemption premium.
2022 Q1 Net cashin € Million
• Robust liquidity position comprising of €3.9 billion of gross
cash plus €720 million available capacity under the RCF;
net of €30 million outstanding commercial paper.
• Strong net cash position of € 3.3 billion.
• Short-term debt accounts for 6.4% of total.
30Technip Energies – IR Overview
w
Industry-leading solutions for blue hydrogen
Full suite of deeply-decarbonized
solutions for blue hydrogen
Up to 99% reduction in CO2
• Compared to traditional hydrogen production
• Highly-efficient carbon avoidance and CCUS1
techniques
Proprietary Technology• Recuperative reforming through TPR®2 and
EARTH®3
• Enhanced SMR4
• Achieves complete steam balance & reduced carbon footprint
In-house technical expertise• Heat integration & high efficiency
• DeepShift - Deep carbon shifting
• Tailored product purification
Lowest Levelized Cost of Hydrogen (LCOH)• Maximum hydrogen yield
• Minimum energy demand (fuel + power)
Key geographic basins• North Sea
• Russia
• North America
• Middle East
Flexible applications• Facilitating clean energy carriers
• Decarbonization of LNG, steel, cement, power, chemicals, etc.
1 Carbon capture, utilization and storage.2 Technip Parallel Reformer.3 Enhanced Annular Reactor Tubes for Hydrogen.4 Steam Methane Reformer.
SMR with CO2 Removal
31Technip Energies – 9M 2021 Results
Clean Hydrogen - a rapidly evolving market
First PEM1 electrolyzer project secured• EPCC contract for India’s largest PEM based hydrogen project for NTPC.
• 5MW Hydrogen Generation Plant utilizing PEM electrolysis.
• Potential to convert to a large-scale green hydrogen facility.
accessible
opportunities globally
>20GWPositioning for long-term growth with relevant expertise
• Single-point systems integrator with standardized digital solutions. Modular solutions:
leveraging modular expertise in design and integration.
• McPhy: strategic investment & technology agreement; jointly pursuing commercial
opportunities.
• Technology agnostic: importance of agility and partnerships as industry evolves.
T.EN at forefront of technology integration and scale-up
• 7x increase in Green Hydrogen
project engagement year-on-year.
• 15+ Green Hydrogen studies
completed or ongoing.
• Regional concentration:
Europe, India and APAC,
supported by policy drive;
Longer-term potential in North
America, Middle East.
1 Proton Exchange Membrane.31Technip Energies – IR Overview
32Technip Energies – IR Overview
Creating value across the downstream value chain
A diversified and innovative downstream offering
Smart revamps for
feedstock flexibility
and HSES upgrades
Digitally-enabled
process monitoring,
lifecycle services
Emission reductions
through efficiency
gains and beyond
Optimize
production, refining /
petchem integration
>40% ethylene licensing
market share1
>200modernization &
revamping engagements
>45 grassroot ethylene plants
>30 large refineries
>350 fertilizer facilities
Differentiated offering
1Based on the number of ethylene production facilities awarded or technology licences selected since 2010; source IHS.
33Technip Energies – IR Overview
Display our unique capabilities through advisory and project management consulting
Enhance our high value services to customers
Transforming
project economics
Proprietary tools
Ultra Front End
SuiteTM, Gen-CATTM
Project Management Consultancy (PMC)Advisory services
Best-in-class project
management competence
Support customers to achieve
investment and safety goals
Fully integrate
with customer teams
De-risk execution from
technology selection to delivery
1.5Mmhrs
+3Mmhrs
0
0,5
1
1,5
2
2,5
3
2012 2019 Mid-term
x2
targetTwo streams:
Oil & Gas, Energy
Transition
Advising customers
towards net zero
34Technip Energies – IR Overview
Positioning in growth markets
Technology driven approach
for a better tomorrow
Bio-fuels Circular economyBio-chemistry
• Technology integration
Intimate understanding of Neste’s
NEXBTL
• Technology enabling
Hummingbird® selected by
LanzaTech for SAF1
• Technology development
IBM and Under Armour JV
for PET2
• Technology commercialisation
Synova's plastic waste-to-olefins
• Technology integration
UPM Biochemicals; Europe’s
largest biorefinery
• Technology enabling
Epicerol© selected by Meghmani
Finechem
1 Sustainable Aviation Fuel.2 Polyethylene terephthalate
Sustainable Chemistry
35Technip Energies – IR Overview
The experience, IP and know-how to be a leading player
Floating Offshore Wind – our capabilities
1 GWEC - Global Offshore Wind Report 2020.
• Capacity to industrialize and
mass fabricate at favourable economics
• State-of-the-art software and
simulation tools to optimize full windfarm
• Life-of-field services offering
including digital twin
Digitally-enabled
and scalable offering
• Global leader in floating solutions –
No. of naval architects ~50
• Scalable INO 12MW proprietary floater –
basic design approval received from DNV
• X1 Wind investment - innovative & disruptive floater
with major operational & environmental benefits
Relevant expertise and
technology position
• Dedicated BU created; EPCI and Services commercial models
• PMC business securing services work, active pursuit of several other opportunities
• Significant opportunity: ~6GW of capacity to be commissioned by 20301
Flexible commercial models for a high growth market
36Technip Energies – IR Overview
Peers landscape
Projects Delivery Technology, Products & Services
LNG
E&C players Engineering consultancy
Technology portfolio
Energy transition pure players
37Technip Energies – IR Overview
Stock information and ADRStock
Listed on Euronext Paris / SBF 120 index
Ticker code: TE / ISIN code: NL0014559478
ADR program
Exchange: Over-the-Counter
Ratio: 1 ADR : 1 ORD
• DR ISIN: US87854Y1091
• Symbol: THNPY
• CUSIP number: 87854Y109
• American Depositary Receipt (ADR) Program:
Sponsored Level I
• Sponsor of ADR program:
J.P. Morgan Chase Bank, N.A.
• For further information:
https://www.adr.com/drprofile/87854Y109
Market Cap at March 31, 2021: €2.1 billion
Free float: 136.4 million / Outstanding shares: 179.8 million
Source: Thomson Reuters Eikon.
Volume Share price €
0
2
4
6
8
10
12
14
16
0
400 000
800 000
1 200 000
1 600 000
2 000 000
5-day average Close
38Technip Energies – IR Overview
37,5%
27,4%
14,4%
15,7%
4,9%
Continental
Europe
Rest of World
47,4%
21,4%
16,9%
7,2%
7,2%
Other incl.
hedge funds
Strategic
shareholders2
Institutional InvestorsRegional split
Equity Split – pro-forma view1
As a % of Shares Outstanding
North
America
France
A diversified shareholder structureA geographically diverse shareholder base forming
1 Source: IHS Markit shareholder analysis as of December 31, 2021. Pro-forma view reflects shareholder structure post completion of HAL Investments B.V’s acquisition of 3.6 million
shares and bpifrance Participations SA’s acquisition of 3.6 million shares. These transactions settled on January 14, 2022.2 Includes stock held by Bpifrance, HAL Investments B.V, IFP Energies Nouvelles, and members of the Board.3 As disclosed in TechnipFMC’s Q1 2022 Results release: TechnipFMC completed sale of remaining stake in Technip Energies in April 2022.
Retail
Institutional
(long only)UK &
Ireland
TechnipFMC3
• HAL / bpifrance increase stake to 11.8% / 8.9% respectively1
• TechnipFMC stake now reduced to zero3
• Well-diversified across key geographies
Investor Relations
Phillip Lindsay
Vice President, Investor Relations
Tel: +44 20 7585 5051
Investor Relations
Corentin Cargouet
Investor Relations
Tel: +33 1 85 67 70 94