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A Company in Motion September 11, 2025 Acquisition of Ecovyst’s Advanced Materials & Catalysts business (“AM&C”)
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2 Welcome Agenda ArnaudPieton ChiefExecutive Officer BrunoVibert ChiefFinancial Officer Q&A Today’s speakers Deal strategic rationale AM&C business overview Financials & value creation BenjaminLechuga Chief Strategy & Sustainability Officer Arnaud Pieton ChiefExecutive Officer BenjaminLechuga Chief Strategy & Sustainability Officer BrunoVibert ChiefFinancial Officer Acquisition of Ecovyst’s “AM&C” – September 11, 2025
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3 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 2024 Annual Financial Report filed on March 10, 2025, with the Dutch Autoriteit Financiële Markten (AFM) and the French Autorité des Marchés Financiers (AMF) and in the Company’s 2025 Half-Year Report filed on July 31, 2025 with the AFM and the 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. Disclaimer Acquisition of Ecovyst’s “AM&C” – September 11, 2025
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4 STATED PRIORITIES KEY CRITERIA • Capital discipline • Synergy creation • Margin expansion • Preserving T.EN’s Investment grade Focus on Technologies & Products • New technologies in emerging markets where T.EN can scale and develop associated products • Bolt-on technology acquisitions to complement our existing portfolio and expand value chain positioning • Catalyst & products Opportunistic acquisitions to grow our high-value services Adjacent business models: co-developer, equity stakes Investment to drive incremental growth: “what we have said” T.EN CMD, November 2024 Acquisition of Ecovyst’s “AM&C” – September 11, 2025
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5 Ecovyst AM&C – accelerating our strategy to grow TPS Advances catalyst value chain capabilities Strengthens positioningin large, high growth markets1 Enhances capabilities in R&D, catalyst design and materials science Broadens customer offering and value proposition Accretive to financial profile, with identified value creation levers Advanced Materials & Catalysts Business (“AM&C”) Acquisition of Ecovyst’s “AM&C” – September 11, 2025 1 Refer to market projection in appendix
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6 Why catalysts are key to a successful technology strategy Catalyst expertise powers core process technologies and drives recurring revenues Complements T.EN’s technology & proprietary equipment offerings Exposure to customer capital and operating expenditures Catalyst IP1 is at the core of many process technologies 1 Intellectual property A substantial and growing market opportunity set for catalyst applications Acquisition of Ecovyst’s “AM&C” – September 11, 2025
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1 Alcohol-to-Jet – Freedom Pines, Georgia, USA; 2 Mono ethylene glycol; 3 Polytrimethylene terephthalate; 4 Catalyst IP owned by T.EN or partner 7 EXAMPLES OF CATALYSTS OWNED BY T.EN Hummingbird® Bio-2-Glycols 1.3 PDO SUSTAINABLE FUELS BIOCHEMICALS PETROCHEMICALS Ethanol-to-ethylene techno. acquired from bp A bio-solution to produce MEG2 from glucose A raw material to produce PTT3 acquired from Shell Commercialization in 2025 Utilized in world’s first commercial scale AtJ1 SAF facility Utilized in several projects >80 T.EN’s technology & product portfolio... T.EN is building a position in the high-added value catalyst market via acquisitions and internal development ~25% ... of which require technology-specific catalysts4 Catalyst business at T.EN Acquisition of Ecovyst’s “AM&C” – September 11, 2025
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8 AM&C – a high-margin, technology-driven catalysts business $223m $57m ~25% 2024A FINANCIAL HIGHLIGHTS1 (in US$) Revenue Adjusted EBITDA % Adjusted EBITDA ADVANCED MATERIALS & CATALYSTS BUSINESS (“AM&C”) Large and growing addressable markets Demonstrated innovation leadership Attractive financial profile A global leader • Established: chemicals & downstream • High growth: sustainable fuels, biocatalysis, carbon capture & circularity • A technology-driven developer and manufacturer of advanced materials and catalysts • Recurring revenues largely tied to customer opex • High and sustainable EBITDA margins • Comprehensive global patent & trademark portfolio • Deep domain expertise in catalyst design and materials science 1 AM&C segment EBITDA adjusted for standalone operating costs and employees stock compensation Acquisition of Ecovyst’s “AM&C” – September 11, 2025
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9 AM&C – a balanced business model 1 Carbon Capture, Utilization & Storage; 2 Sustainable Aviation Fuel 2024A revenue End-use applications High growth areas Product portfolio ADVANCED SILICAS Silica-based advanced materials and catalysts Chemical catalysts Antiblocking silicas Polyethylene catalysts & supports Functionalized silicas $106m (48%) Biocatalysts CCUS1 ZEOLYST INTERNATIONAL (50/50 JV with Shell) Specialty zeolites & catalysts for hydrocracking & aromatic processes Hydrocracking Custom & specialty catalysts Sustainable fuels Advanced Recycling Emission Control Custom catalyst Sustainable fuels $117m (52%) Pipes / tubing Small blow molding Carbon capture Food packaging Fuels & lubricants Custom applications SAF2 Pyrolysis Business unit Advanced recycling Acquisition of Ecovyst’s “AM&C” – September 11, 2025
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10 AM&C – a global presence with strong US and European footprints AM&C SPLIT BY GEOGRAPHYAM&C KEY GEOGRAPHIES SOUTH KOREA INDONESIA BRAZIL KANSAS CITY, KS CONSHOHOCKEN, PA BELGIUM DELFZIJL WARRINGTON ADVANCED SILICAS ZEOLYST INTERNATIONAL R&D CENTER 2024A REVENUE 46% 23% 17% 10% 4% US$223m North America Asia Europe Middle East RoW ~330 EMPLOYEES 61% 29% 7% 3% US Netherlands UK Other AMSTERDAM Acquisition of Ecovyst’s “AM&C” – September 11, 2025
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PURCHASE PRICE FINANCING & VALUE CREATION TIMELINE AND REPORTINGPEOPLE AND INTEGRATION • Purchase price: US$556m, subject to adjustments for cash, debt and working capital • Implied valuation multiple: 9.8x, based on 2024a adjusted EBITDA1 • ~330 global talents will join T.EN at completion • AM&C to leverage T.EN's global scale and commercial and technical footprint, while preserving its entrepreneurial culture and operating model • Transaction fully funded from T.EN’s net cash position • Accretive to EBITDA / EBIT margins, EPS2 and free cash flow in first calendar year following completion • Closing anticipated by Q1 2026, pending customary regulatory approvals and closing conditions • AM&C to be reported within T.EN’s TPS3 segment 1 AM&C segment EBITDA, adjusted for standalone operating costs and employees stock compensation 2 Earning per share 3 Technology, Products & Services 11 AM&C – transaction summary Acquisition of Ecovyst’s “AM&C” – September 11, 2025
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12 Accelerating growth and margins in TPS segment REVENUE €6,855m €7,061m T.EN Pro forma1 +3% Adj. EBITDA €608m €661m T.EN Pro forma1 +9% EPS2 (Diluted) €2.16 €2.22 T.EN Pro forma1 +3% 2024A GROUP FINANCIALS1 (in €) Adj. EBITDA €258m €311m T.EN Pro forma1 +21% Adj. EBITDA % 12.9% 14.1% T.EN Pro forma1 +120 bps 2024A TPS FINANCIALS1 (in €) 1 AM&C segment EBITDA adjusted for standalone operating costs and employees stock compensation. USD:EUR FX rate of 1.08 – average of 2024; 2 Diluted earning per share is based on weighted average number of outstanding shares as at FY 2024 REVENUE 1997 2203 T.EN Pro forma1 +10% REVENUE €1,997m €2,203m T.EN Pro forma1 +10% Financial information is presented under adjusted IFRS Acquisition of Ecovyst’s “AM&C” – September 11, 2025 In EURO
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13 Deal synergies to drive value creation NEW BUSINESSES • Accelerate commercialization of AM&C’s catalyst portfolio • Develop new catalysts for T.EN process technology portfolio • Address new applications (e.g. plastic pyrolysis, carbon capture) • Expand AM&C’s polyolefins catalysts portfolio • Enhance T.EN’s SAF3 solutions offering 1 Project Delivery 2 Technology, Products and Services 3 Sustainable Aviation Fuel INTEGRATION • G&A, sales & marketing, and R&D • Sales of AM&C catalysts & advanced materials to T.EN customers • Promote T.EN’s PD1 and TPS2 capabilities to AM&C customers CROSS SELLING REVENUE COST Acquisition of Ecovyst’s “AM&C” – September 11, 2025
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FOCUS ON TECHNOLOGIES & PRODUCTS Enhances capabilities in materials science and catalysts TECHNOLOGY ACQUISITION Complements existing portfolio; expands value chain positioning SYNERGY REALIZATION Clear commercial synergy levers to generate incremental value CAPITAL DISCIPLINE Acquisition multiple in line with T.EN’s current trading multiple QUALITY OF EARNINGS Deal is accretive to EBITDA / EBIT margins, EPS1 and cash flows INVESTMENT GRADE No impact on T.EN’s credit rating Strategic Financial 14 T.EN retains a substantial net cash position, providing capital allocation flexibility AM&C – a strategic and financially accretive acquisition Acquisition of Ecovyst’s “AM&C” – September 11, 2025 1 Earning per share
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Q&A September 11, 2025
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27th February 2025 Appendix
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17 History of creating value through inorganic investments Acquisition of Ecovyst’s “AM&C” – September 11, 2025 ACQUISITIONS INVESTMENT IN START-UPS JOINT VENTURE (Green H2) TPS TPS / PD NEW ACQUISITION TPS Advanced Materials & Catalysts Business (“AM&C”) TPS ACQUISITION OF ZIMMER POLYMER TECHNOLOGIES 20112001 2004 2009 1958 1964 1999 201820162013 2021 2022 2023 2024 2025 TPSADJACENT GREEN H2 PLATFORM INVESTMENT ACQUISITION TPS ACQUISITION OF STONE & WEBSTER TPS TECHNOLOGY TRANSFER Bio -2 - Glycols TM CO2 CAPTURE ALLIANCE ACQUISITION OF GENESIS ACQUISITION OF MDEU & KTI PD / TPS TPS
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18 AM&C – strong positioning in growing markets ADVANCED SILICAS TOTAL ADDRESSABLE MARKET ZEOLYST INTERNATIONAL TOTAL ADDRESSABLE MARKET • Healthy growth sustained by advanced silica catalysts for PE2 production • Mature yet resilient applications incl. functionalized silica (e.g. anti-blocking silica) • Acceleration expected in new applications for high-performance silicas (e.g. Biocatalysis for food, carbon capture and others) • Resilient hydrocracking market owing to rising demand for middle distillates (kerosene, naphtha) • Custom applications fueling growth (e.g. use of Zeolite in ear pods) • Emerging applications in SAF and Advanced Recycling are gaining momentum 2024 2029 2029 2035New applications ~$300m ~$350m ~$450m ~$500-600m ~$100m +4-5% p.a. +3-4% p.a. Advanced silicas PEs Silica for cat. & other uses New applications (Biocatalysts, CC1) +3-4% p.a. +3-4% p.a. +10-15% p.a. 1 Carbon Capture 2 Polyethylene Source: Third-party commercial expert view 2024 2029 2035 +2-3% p.a. +10-15% p.a. +3-4% p.a. +15-20% p.a.~$0.9bn ~$1.3bn ~$1.7-2.1bn Zeolite Hydrocracking & custom catalysts Clean fuels & plastic Acquisition of Ecovyst’s “AM&C” – September 11, 2025
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19 AM&C – strong intellectual property and R&D Complemented by 40+ years of manufacturing know-how A first-class R&D team A differentiated value proposition A comprehensive global patent and trademark portfolio Complex production processes using unique raw materials under highly specific processing conditions are combined to protect key know-how IP strategy focused on composition and processes where AM&C utilizes its deep R&D and manufacturing know-how Profound expertise and proven ability to collaborate across the value chain to develop customized solutions and high- performance catalysts R&D team – consisting of well-recognized and respected scientists – is deeply integrated with commercial / operational teams to serve customers and drive commercial innovation Warrington, UK R&D Center Conshohocken, PA Pilot Plant Conshohocken, PA R&D Center Amsterdam, NL, Shell R&D Center Patent1 Trademark2 Advanced Silicas Zeolyst International 9 19 28 13 17 30 35% of revenues generated from products launched in the last five years Silicas and Zeolyst Only silicas Only Zeolyst 1 Includes 7 pending patent applications (5 in Advanced Silicas and 2 in Zeolyst International) 2 Includes 6 pending trademark applications (2 in Advanced Silicas and 4 in Zeolyst International) Acquisition of Ecovyst’s “AM&C” – September 11, 2025
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20 Advanced Silicas – business overview • Advanced Silicas innovates, produces, and supplies specialty silica-based advanced materials and catalysts • Utilizing deep polyethylene and chemical catalyst know-how to capitalize on emerging biocatalysis and carbon capture uses • Core capability: customizing silica pore structure, particle characteristics, purity, surface property, and functionality • Multi-year customer contracts • Deep, long-tenured customer relationships • Diversified customer base with low concentration • Strong collaboration to develop customized solutions Population & GDP growth Demand for flexible & light weight products Demand for sustainable packaging Megatrends for food, fuel, and chemicals Products: Supply of catalysts, catalysts pre-cursors (supports) and other materials Applications: HDPE1 and LLDPE2 production, polyethylene anti-blocking agents, renewable materials, and metal recovery 1 High Density Polyethylene 2 Low Linear Density Polyethylene Customers base Business Description Products & applications Growth drivers ADVANCED SILICAS Acquisition of Ecovyst’s “AM&C” – September 11, 2025
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21 T.EN – expanding across the ethylene value chain Polyethylene is immediately downstream from ethylene cracking with the same clients End-product manufacture Ethylene cracking Polyethylene polymerization HDPE LLDPE LDPE1 HDPE LLDPE Fossil feedstock Chem-recycled pyrolysis oil Bio-feedstock LDPE1 T.EN is already present in the immediate upstream step. Ethylene & PE plants are usually built at same location by same client Future production routes (chem-recycling / bio) will still require PE production step 1 AM&C is not present on LDPE, however this is the least favoured PE type with least attractive growth rates ADVANCED SILICAS HDPE: High-density polyethylene LLDPE: Linear Low-Density Polyethylene LDPE: Low density Polyethylene AM&C Acquisition of Ecovyst’s “AM&C” – September 11, 2025
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22 Zeolyst International – business overview Customers base Business Description ZEOLYST INTERNATIONAL • 50/50 JV with Shell Catalysts & Technologies: a leading innovator and supplier of custom zeolite-based advanced materials & catalysts • Its products are used in hydrocracking, dewaxing of distillate, sustainable fuels, emission control, and numerous custom applications • Core capability: creating unique structures and modifying these structures to allow access to active sites, backed by 37-year history • Leading O&G and downstream / chemical companies • Diverse customer base with low concentration • Deep, long-tenured customer relationships in established applications • Building intimate relationships with growth companies with novel technology Products & applications Growth drivers Demand for higher performing processes Demand for Renewable fuels Increasing emissions reduction regulation Demand for recycled content Products: Supply of catalysts, catalysts pre-cursor (powders) Applications: Hydrocracking of traditional fuels, production of renewable fuels, emission control tech, processes for plastic recycling Acquisition of Ecovyst’s “AM&C” – September 11, 2025