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H1 2026 Results July 30, 2026 Managing the near-term; Strengthening long-term fundamentals
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2Technip Energies – H1 2026 Results Welcome Arnaud Pieton Chief Executive Officer Bruno Vibert Chief Financial Officer Agenda Business highlights Financial highlights Arnaud Pieton Bruno Vibert Today’s speakers Outlook & Conclusion Arnaud Pieton
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3Technip Energies – H1 2026 Results 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 2025 Annual Financial Report filed on March 10, 2026, with the Dutch Autoriteit Financiële Markten (AFM) and the French Autorité des Marchés Financiers (AMF), which includes 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. Disclaimer
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4Technip Energies – H1 2026 Results SECTION 1 Business Highlights ARNAUD PIETON CHIEF EXECUTIVE OFFICER
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5Technip Energies – H1 2026 Results H1 2026 – Key highlights Financial information is presented under adjusted IFRS (see Appendix 8.0 of H1 2026 Results Release). Reconciliation of IFRS to non-IFRS financial measures provided in appendices. REVENUE ORDER INTAKE RECURRING EBITDA BACKLOG €3.7bn H1 2025: €3.6bn €212m H1 2025: €319m €12.7bn H1 2025: €2.7bn €25bn FY 2025: €16bn H1 performance reflects challenges due to Middle East situation €150m share buyback program completed Exceptional order intake drives backlog to new high €
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6Technip Energies – H1 2026 Results Middle East situation – update Prioritizing safe execution Prudently managing the near-term OPERATIONAL FINANCIAL Continuation of conflict; associated secondary impacts materializing. Commercial discussions ongoing. Current operating conditions assumed to persist throughout the remainder of the year. Sites fully mobilized; logistical challenges and site disruptions persist. Middle East conflict weighs on H1 profitability for Project Delivery, and impacts FY outlook. Commercial resolutions expected in H2 2026 and beyond.
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7Technip Energies – H1 2026 Results A substantial high-quality, diversified backlog MAIN PROJECTS NFW Qatar NFS Qatar NFE Qatar COMMONWEALTH LNG US BLUE POINT NO. 1 US MARSA Oman RUWAIS UAE NET ZERO TEESSIDE UK CORAL NORTE Mozambique GRANMORGU Suriname DSL-01 (SAF) Netherlands GEOGRAPHIES AWARD YEAR 2023 2021 2026 2025 2024 In Middle East Outside Middle East ~ €25bn BACKLOG AT JUNE 30, 2026 > 50% BACKLOG GROWTH VS END OF 2025 > 75% NEW AWARDS OUTSIDE MIDDLE EAST1 1 Last 24 months
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8Technip Energies – H1 2026 Results Sharing value - shareholder returns and employee ownership • Second successful global share employee offering; 75% oversubscribed • More than 7,700 employees subscribed • Proportion of employees as shareholders: ~45% Reflects engagement and confidence in T.EN’s strategy and value creation 1 ESOP: Employee Stock Ownership Plan RETURNING CAPITAL TO SHAREHOLDERS 0.45 0.52 0.57 0.85 1.00 2021 2022 2023 2024 2025 Dividend (€ / share) Share buyback (€m) 30 100 45 150 2022 2023 2024 2025 2026 Expected total return to shareholders in 2026: ~ €300 million Equivalent to > 5% of T.EN market capitalization ESOP 1 2026:
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9Technip Energies – H1 2026 Results SECTION 2 Financial Highlights BRUNO VIBERT CHIEF FINANCIAL OFFICER
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10Technip Energies – H1 2026 Results H1 2026 Financial highlights REVENUE FCF CONVERSION1 RECURRING EBITDA SHARE BUYBACK €3.7bn H1 2025: €3.6bn €212m H1 2025: €319m 86% H1 2025: 101% €150m Program completed2 RECURRING EBITDA % 5.8% H1 2025: 8.7% Financial information is presented under adjusted IFRS (see Appendix 8.0 of H1 2026 Results Release). Reconciliation of IFRS to non-IFRS financial measures are provided in appendices. 1 Free cash flow conversion from EBITDA: FCF calculated as cash provided by operating activities, excluding working capital and provisions, less net capital expenditures. 2 On July 1, 2026, the Company announced the completion of its €150 million share buy-back. BOND OFFERING €500m > 5x oversubscribed
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11Technip Energies – H1 2026 Results Financial information is presented under adjusted IFRS (see Appendix 8.0 of H1 2026 Results Release). Reconciliation of IFRS to non-IFRS financial measures are provided in appendices. 1 Trailing 12 months. Revenue: Activity growth in LNG and decarbonization projects in US / Europe mostly offset by tempered progress on Middle East projects due to logistical challenges. Recurring EBITDA: Material Y/Y decline reflects impact of Middle East conflict, including incremental costs and associated secondary impacts. Backlog: Exceptional H1 orders drives substantial growth vs Y/E position. Material impact on performance due to Middle East situation Segment performance: Project Delivery 2,736 2,764 215 118 188 84 14,436 23,530 H1 25 H1 26 H1 25 H1 26 H1 25 H1 26 YE 25 H1 26 +1% +63% 7.8% 4.3% 6.9% 3.0% Margin % -45% -55% REVENUE RECURRING EBITDA RECURRING EBIT BACKLOG In €m In €m In €m In €m Book-to-Bill 2.45 (TTM1)
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12Technip Energies – H1 2026 Results Margin growth offsets modestly softer revenue Segment performance: Technology, Products & Services Book-to-Bill 0.84 (TTM1) Revenue: FX headwinds and reduced ethylene furnace contribution largely offset by activity for CO2 capture proprietary product assembly, AM&C contribution, and services / FEED work. Recurring EBITDA: Margin accretion offsets modest topline contraction benefiting from product delivery milestones, strong consulting services and AM&C contribution. Backlog: Stable with improved order momentum in Q2 vs Q1. Financial information is presented under adjusted IFRS (see Appendix 8.0 of H1 2026 Results Release). Reconciliation of IFRS to non-IFRS financial measures are provided in appendices. 1 Trailing 12 months. 910 889 137 137 103 95 1,519 1,506 H1 25 H1 26 H1 25 H1 26 H1 25 H1 26 YE 25 H1 26 -2% Flat -7% -1% In €m In €m In €m In €m 15.4% 11.3% 10.7%15.1% Margin % REVENUE RECURRING EBITDA RECURRING EBIT BACKLOG
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13Technip Energies – H1 2026 Results H1 2026 other key metrics and balance sheet Corporate costs Impacts of purchase accounting1 Gross cash T.EN Net cash2 € 42 million Primarily incremental D&A arising from fair value uplifts associated to AM&C acquisition. Highest position since T.EN inception. Vs ~ €1 billion at 2025 year-end, largely related to capital returns to shareholders. Balance Sheet € 10 million € 4.8 billion > € 900 million Income Statement Reflects cost of ESOP 2026; underlying run-rate in line with lower-end of guidance. Sequential improvement reflects higher cash and global interest rate environment. Higher vs year-end reflecting surge in order intake. € 41 million € 4.1 billion Net financial income Net contract liability Financial information is presented under adjusted IFRS (see Appendix 8.0 of H1 2026 Results Release). Reconciliation of IFRS to non-IFRS financial measures are provided in appendices. 1 This expense is non-cash and excluded from recurring business performance. 2 T.EN’s net cash adjusted for project-associated cash. See Appendix for calculation.
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14Technip Energies – H1 2026 Results Consistent strength in free cash flow generation 3,843 183 774 (13) 32 4,820 Cash & cash equivalents at Dec 31, 2025 Free Cash Flow ex working capital and provisions Working capital and provisions Cash flow from financing activities Other, inc FX Cash & cash equivalents at June 30, 2026 CASH FLOW BRIDGE In €m 1 • Operating cash flow: €979m; Free cash flow1: €957m, after €774m inflow from working capital and provisions. ✓ Free cash flow, excluding working capital impact: €183m. ✓ Free cash conversion from Adj. Rec. EBITDA / EBIT: 86% / 133%. ✓ Net capex: €22m. • Cash flow from financing activities: ✓ €363m net increase in debt. ✓ €176m dividends paid to shareholders. ✓ €147m share repurchase. • Other items of note: ✓ €41m favorable FX impact. Financial information is presented under adjusted IFRS (see Appendix 8.0 of H1 2026 Results Release). Reconciliation of IFRS to non-IFRS financial measures are provided in appendices. 1 Free cash flow is calculated as cash provided (required) by operating activities less capital expenditures.
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15Technip Energies – H1 2026 Results Updated conditional 2026 segment guidance PROJECT DELIVERY TECHNOLOGY, PRODUCTS & SERVICES REVENUE €5.7 – 6.3bn EBITDA MARGIN >5.0% REVENUE €1.9 – 2.2bn EBITDA MARGIN ~15% FY CONDITIONAL GUIDANCE EFFECTIVE TAX RATE1 30% - 32% CORPORATE COSTS2 €65 - 75m R&D SPEND ~€70m ADJACENT BUSINESS MODEL INVESTMENT3 <€50m OTHER ITEMS PRIOR GUIDANCE (Apr 26, 2026) €5.7 - 6.3bn 6.5% - 7.5% €1.9 - 2.2bn ~14.5% PRIOR GUIDANCE (Apr 26, 2026) 26% - 30% €50 - 60m ~€70m <€50m Financial information is presented under adjusted IFRS. 1 Effective tax rate has increased, primarily reflecting unfavorable earnings mix, including negative taxable results in lower-tax jurisdictions for which deferred tax assets could not be fully recognized. 2 Corporate costs include the impact of “ESOP 2026”, the Company’s Employee Share Offering, announced on April 13, 2026. The expected cost (non-cash) associated with ESOP 2026 is ~€16m. 3 As part of its capital allocation framework for long-term value creation, the Company may invest in adjacent business models including Build Own Operate (BOO) and co- development. Since Q3 2024, these investment costs are recorded as non-recurring items. Current operating conditions persist throughout the remainder of the year.ASSUMPTIONS
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16Technip Energies – H1 2026 Results SECTION 3 Outlook & Conclusion ARNAUD PIETON CHIEF EXECUTIVE OFFICER
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17Technip Energies – H1 2026 Results A view from T.EN – positioned for long-term growth T.EN PRIORITIESMIDDLE EAST IMPLICATIONS T.EN’S STRENGTHS Critical role for T.EN in advancing energy security & decarbonization. Global need for increased investment, diversification & circularity. Improving commercial pipeline; greenfields, expansions, reconstructions, new export routes. Robust balance sheet with > €900m in net cash. Effective capital deployment prioritizing investment and shareholder returns. Substantial backlog supporting medium-term revenue and margin trajectory. EXECUTE CAPITALIZE DELIVER €25bn backlog • Resurgent energy & LNG markets • Increased FEED pipeline • Best-in-class PD margin • Structural growth in TPS • Adjacent Business Model success
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18Technip Energies – H1 2026 Results Resilient results Commercial success Strategy commitment Key takeaways • Stable Y/Y revenue despite challenging operating environment • Updated guidance reflects prudent assessment of current situation • H1 26 order intake drives backlog to new high of €25bn+ • Increased FEED momentum; Commercial pipeline improving • Positioned to capitalize on resurgent energy and LNG markets • Focused on executing our strategy to deliver long-term value creation
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Q2 2026 Results Q&A July 30, 2026
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27th February 2025 Appendix
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21Technip Energies – H1 2026 Results Backlog schedule 2026 (6M) 2027 2028+ + + + Adjusted backlog at June 30, 2026, has been positively impacted by foreign exchange of €195.1 million. → → → €3.7bn €6.9bn €14.4bn €3.0bn €6.5bn €14bn €0.7bn €0.4bn €0.4bn FULL COMPANYPROJECT DELIVERY TECHNOLOGY, PRODUCTS & SERVICES €25bn€23.5bn €1.5bn
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22Technip Energies – H1 2026 Results Key Q2 2026 operational highlights PROJECT DELIVERY TECHNOLOGY, PRODUCTS & SERVICES (F)LNG NFS: Substantial completion of engineering and piping installation on pipe racks ongoing. Coral Norte: Successful installation of seven key process vessels at yard in China. Carbon capture bp Net Zero Teesside Power Project: The first major equipment supplied by GE Vernova, including heat recovery steam generator and condenser unit, arrived at site. Ethylene Shell Skyline: Successful completion, modernizing the 16 oldest ethane furnaces of the steam cracker. Carbon capture Carbon Centric: Successful operation of the first Canopy by T.EN powered by Shell CANSOLV® carbon capture solution. Shell Skyline Coral Norte
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23Technip Energies – H1 2026 Results Bridging gross cash to net cash; a limited portion of NCL represents future cash outflow T.EN’s net cash assessment: > €900 million T .EN’S CALCULATION OF NET CASH (- ) =2 31 T .EN Net Cash NCL1 “project debt” i.e. estimated project costs + contingency in full2 Financial debt3 1 Gross cash Project contingency ~€4.8bn ~€2.5bn ~€1.4bn >€900m (- ) Gross cash NCL1 “project debt” component Financial debt T.EN Net cash 1Net contract liability.
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24Technip Energies – H1 2026 Results Rebound – a JV to develop a SAF production project in France A GROWING MARKET ESTABLISHED PLAYERS One of the largest facilities of its kind SAF is the main lever to decarbonize aviation, with AtJ as a promising pathway Project's lead developer & engineering service provider Industrial partners, offtake facilitators and potential SAF offtakersSupportive regulations are being adopted globally with strict mandates Jet Zero ReFuelEU A new adjacent business model for T.EN SAF expected demand between 2030 - 2050x8 Strengthening Europe’s sovereignty & supporting France's industrial leadership SAF planned capacity 160kt Plant location: Port of Dunkirk AtJ to be the next cheapest pathway after HEFA AN AMBITIOUS PROJECT Feedstock supplier (advanced ethanol) The creation of the Rebound JV is subject to customary conditions and approvals, and is expected to be finalized in the second half of 2026.
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25Technip Energies – H1 2026 Results Acquisition date: December 31, 2025 | Provisional allocation within the 12-month IFRS 3 measurement period AM&C Purchase Price Allocation Fair values identified in H1 2026 Impact on H1 2026 accounts Property, plant and equipment Useful life: from 2 to 29 years €73.1m Products portfolio Useful life: from 11 to 17 years €44.3m Inventory step-up Recognized in COGS at sell-through €9.0m Provisional residual goodwill €79.9m Incremental D&A recognized in H1 P&L Full-year run-rate estimated at ~€14.5m, pro-rated for 6 months since acquisition close €6.8m Note: Fair values presented are provisional and may be revised during the 12-month measurement period as additional information on facts and circumstances existing at the acquisition date becomes available (IFRS 3) Impact H1 2026 effect Fair value step-up of acquired assets Inventory fair value uplift Deferred tax effects Goodwill Increase in non-current assets & higher depreciation & amortization expense Temporary impact on gross margin upon sale of inventory Recognized in accordance with IAS 12 Reduced as part of the purchase price allocation
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26Technip Energies – H1 2026 Results NEW LOOK INCOME STATEMENT TWO NEW REQUIRED METRICS NEW KPIs TO BE INTRODUCED OTHER IMPACTS What does it mean for Technip Energies? • Effective January 1, 2027, IFRS 18 = a presentation and disclosure modification, not a change in economics • Adjusted IFRS metrics formally reconciled to the closest IFRS subtotals and defined as Management-Performance-Measures A new standard on presentation and disclosure in financial statements Accounting matters: IFRS 18 – a new way to present our financials ✓ Investing to include financial income ✓ Improved comparability ✓ PBFTDA to replace Adj. rec. EBITDA as basis for guidance ✓ Interest received included within investing cash flows Defined categories: • Operating • Investing • Financing • Operating profit • Profit before financing & income tax (PBFT) • Profit before financing & tax (PBFT) • Profit before financing, tax, depreciation & amortization (PBFTDA) Statement of cash flows to start from Operating result.
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27Technip Energies – H1 2026 Results Adjusted statements of income – H1 2026 Financial information is presented under adjusted IFRS (see Appendix 8.0 of H1 2026 Results Release). Reconciliation of IFRS to non-IFRS financial measures are provided in appendices.
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28Technip Energies – H1 2026 Results Adjusted statements of income – Q2 2026 Financial information is presented under adjusted IFRS (see Appendix 8.0 of H1 2026 Results Release). Reconciliation of IFRS to non-IFRS financial measures are provided in appendices.
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29Technip Energies – H1 2026 Results Adjusted statements of income Reconciliation between IFRS and Adjusted – H1 2026 Financial information is presented under adjusted IFRS (see Appendix 8.0 of H1 2026 Results Release). Reconciliation of IFRS to non-IFRS financial measures are provided in appendices.
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30Technip Energies – H1 2026 Results Adjusted statements of income Reconciliation between IFRS and Adjusted – H1 2025 Financial information is presented under adjusted IFRS (see Appendix 8.0 of H1 2026 Results Release). Reconciliation of IFRS to non-IFRS financial measures are provided in appendices.
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31Technip Energies – H1 2026 Results Adjusted statements of income Reconciliation between IFRS and Adjusted – Q2 2026 Financial information is presented under adjusted IFRS (see Appendix 8.0 of H1 2026 Results Release). Reconciliation of IFRS to non-IFRS financial measures are provided in appendices.
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32Technip Energies – H1 2026 Results Adjusted statements of income Reconciliation between IFRS and Adjusted – Q2 2025 Financial information is presented under adjusted IFRS (see Appendix 8.0 of H1 2026 Results Release). Reconciliation of IFRS to non-IFRS financial measures are provided in appendices.
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33Technip Energies – H1 2026 Results Adjusted statements of financial position Financial information is presented under adjusted IFRS (see Appendix 8.0 of H1 2026 Results Release). Reconciliation of IFRS to non-IFRS financial measures are provided in appendices.
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34Technip Energies – H1 2026 Results Adjusted statements of cashflows Financial information is presented under adjusted IFRS (see Appendix 8.0 of H1 2026 Results Release). Reconciliation of IFRS to non-IFRS financial measures are provided in appendices.
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35Technip Energies – H1 2026 Results 4,820 1,096 3,423 301 Cash Gross debt Net Differentiated capital structure Financial information is presented under adjusted IFRS (see Appendix 8.0 of H1 2026 Results Release). Reconciliation of IFRS to non-IFRS financial measures are provided in appendices. 1 €600M 1.125% senior unsecured notes due 2028 and €500M 4% senior unsecured notes due 2033. 2 Calculation based on FY 2025 recurring EBITDA €638M. Total liquidity, June 30, 2026 (€m) 4,820 750 5,570 Cash RCF Liquidity • Strong liquidity €5.6 billion, comprised of €4.8 billion gross cash plus €750 million of fully available Revolving Credit Facility (RCF). • Gross debt up by €447 million to €1,397 million due to the new bond issuance. Gross leverage ratio2 2.2x. Current portion of debt 15.7%. Gross cash / debt, June 30, 2026 (€m) Notes1 • On June 3, 2026, Technip Energies successfully priced €500 million of 4% senior unsecured Notes due 2033. Use of proceeds: general corporate purposes. • Outstanding commercial paper balance decreased to €170 million in Q2 2026. Commercial paper & other Rounded numbers
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36Technip Energies – H1 2026 Results Stock information and ADR Listing: Euronext Paris / CAC Next 20 & CAC Large 60 indices Ticker code: TE / ISIN code: NL0014559478 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 Capitalization, June 30, 2026: €5.9 billion Free float: 130.0 million / Outstanding shares: 178.4 million Source: Bloomberg. Volume Share price € ADR ProgramStock 15 20 25 30 35 40 45 0 200,000 400,000 600,000 800,000 1,000,000 5-day ave. volume Closing share price
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37Technip Energies – H1 2026 Results Half year review A balanced shareholder structure Source: S&P Global shareholder analysis, June 30, 2026 Full Equity Split As a % of Shares Outstanding T.EN treasury Retail Other incl. hedge funds Strategic shareholders Institutional Investors Regional split 56.5% 27.1% 3.1% 7.1% 6.2% 25.4% 29.3% 30.6% 11.0% 3.8%Europe Rest of World Institutional (long only) UK & Ireland North America France
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38Technip Energies – H1 2026 Results Upcoming investor events September 9 Sep Jefferies Industrials Conference (NYC) CFO 10 Sep Chicago Roadshow (CFO) 30 Jul H1 Results 1 Sep RBC Back-to School virtual fireside chat (CFO) 8 Sep Barclays 40th Annual Global Energy & Power Conference (NYC) (CFO) October 8 Sep Kepler Cheuvreux Autumn Conference (Paris) (CEO) 6 Oct Kepler Cheuvreux Energy Services Conference (IR) 23 Sep 15th Baader Investment Conference (CFO) 29 Oct Q3 Results 1 Oct Kepler Cheuvreux Round Table for Canadian Investors (CFO) 24 Sep Milan Roadshow (IR)
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39Technip Energies – H1 2026 Results Investor Relations Phillip Lindsay Vice President, Investor Relations Tel: +44 20 7585 5051 phillip.lindsay@ten.com Investor Relations David Trevalinet Manager, Investor Relations Tel: +33 1 47 78 21 74 david.trevalinet@ten.com