TechnipFMC

Company Presentation

April 2020

07/27/2020
This document and all information herein are confidential, and may not be used,
reproduced or distributed without prior authorization of TechnipFMC.
Contents

This presentation is organized in four sections shown below:

1 Our company
This section provides an overview of our company.
2 Our portfolio
This section provides information about our businesses.
3 Our company priorities
This section provides information about our company priorities.
4 Our business priorities
This section provides information about our company priorities.
5 Our purple culture
This section provides information about our culture.

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Our company

This section provides an overview of our company.

3
One vision. One purpose.

Vision Purpose

To enhance the Bringing together the

performance of the scope, know-how
world’s energy industry and determination to
transform our clients’
project economics

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5
 


2019
2 Column Text (20pt)

Growth
Body text (20pt)
Bullet



59%Subheading
Body text (20pt)
Inbound growth1
 Bullet
67%
Backlog growth1

 Bullet  Bullet

Total Bullet
Company inbound orders of $22.7 billion,  >2x
Bullet 37%
backlog of $24.3 billion Value1 of scope Subsea
in iEPCI™ awards backlog growth1
 Significant order growth, driven by LNG and
acceleration of integrated Subsea awards

 Improved visibility, with $12.7 billion in backlog

>$8B 89%
LNG Technip Energies
scheduled for execution beyond 2020
awards (Onshore/Offshore)
backlog growth1

1
2019 growth versus 2018
 2020& Beyond
 2 Column Text (20pt) TechnipFMC  Subheading Technip Energies

 Subsea
Body text (20pt)  Body text (20pt) Onshore/Offshore
Surface Technologies

 Bullet  Bullet
Leading Transforming Transitioning
 Bullet  Bullet
 Bullet  Bullet
• Maintaining market leadership • Leveraging strong international • New growth cycle underpinned
position in Subsea franchise for further growth by strength in backlog
• Maximizing flexibility to deliver • Customer focus on efficiency, • Maintaining intense focus on
integrated solutions (iEPCI™) footprint and emissions execution
• Aligning our assets with the • Optimizing North American • Selecting projects that provide
right strategic partners and services and operating the best opportunity for success
geographies geographies for customer and TechnipFMC

Proactively taking actions to better position ourselves for 2020 and beyond
 Technip
2 Column Text (20pt)
 Reshaping
Subheading


Energies
Body text (20pt)
  Body text (20pt)
 Bullet
 A leading
 Bullet
E&C player, poised to



Bullet
Bullet
TechnipFMC
capitalize on the global energy
transition
 Bullet our  Bullet
 A fully-integrated technology and services
 Transaction remains on-track for provider, continuing to drive energy development
Key
completion in second quarter of 2020  Further optimization to strengthen our leadership
highlights position in Subsea
 Technip Energies to host Capital
Markets Day ahead of transaction  Leverage leading Surface Technologies position
future to capitalize on international market growth as we
transform our North American business
Our executive leadership team

 2 Column text (20pt)  Subheading

 Body text (20pt)  Body text (20pt)
Doug Pferdehirt
 Bullet Chairman and
Chief Executive Officer
 Bullet
 Bullet  Bullet
 Bullet  Bullet

Arnaud Pieton Maryann Mannen Dianne Ralston Christophe Belorgeot

EVP and EVP and SVP Corporate Engagement
President Subsea
Chief Financial Officer Chief Legal Officer

Barry Glickman Justin Rounce Catherine Agnieszka Kmieciak

President Surface EVP People & Culture
EVP and MacGregor
Chief Technology President
Officer Technip Energies
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Our portfolio

This section provides an overview of our businesses.

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Unique worldwide footprint
Operational headquarters

North America
Canada
Mexico
United States
South America
Argentina
Brazil
Colombia
Venezuela
Europe
Bulgaria
France London
Germany Asia, Australasia
Italy and Middle East Paris
Netherlands Australia
Norway Houston
Azerbijan
Poland China
Portugal India
Spain Indonesia
United Kingdom Iraq
Africa Kazakhstan
Algeria Kuwait
Angola Malaysia
Cameroon New Caledonia
Congo Oman
Egypt Pakistan
Gabon Qatar
Ghana Russian Federation
Ivory Coast Saudi Arabia
Mozambique Singapore
Nigeria Thailand
Tunisia United Arab Emirates
Vietnam

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Broadest portfolio of solutions for the oil & gas industry

TECHNIP ENERGIES

 Onshore facilities related to the production, treatment and

transportation of crude oil and natural gas, as well as transformation
of petrochemicals such as ethylene, polymers and fertilizers
 Combines engineering, procurement, construction and project
management within the entire range of fixed and floating offshore
crude oil and natural gas facilities

SUBSEA SURFACE

 Products and systems used in deepwater exploration and production  Products and systems used in offshore exploration and
of crude oil and natural gas production of crude oil and natural gas
 Systems used to control the flow of crude oil and natural gas from  Wellhead systems and high pressure valves and pumps
the reservoir to a host processing facility used in stimulation activities for oilfield service companies
 Integrated design, engineering, manufacturing and installation  Full range of drilling, completion and production wellhead
services for infrastructure and subsea pipe systems systems

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Comprehensive offering – from concept to project delivery and beyond
A unique global leader in oil and gas projects, technologies, systems and services
Subsea
Subsea products
‣ Trees, manifolds, control, templates,
flowline systems, umbilicals & flexibles
‣ Subsea processing
‣ ROVs and manipulator systems
Subsea projects
‣ Field architecture, integrated design
‣ Engineering, procurement
Subsea services
‣ Drilling systems
‣ Installation using high-end fleet
‣ Asset management & production
optimization
‣ Field IMR and well services
Surface
‣ Drilling, completion and production
wellhead equipment, chokes, compact
valves, manifolds and controls
‣ Treating iron, manifolds, and
reciprocating pumps for stimulation
and cementing
 
‣ Advanced separation and flow-
treatment systems
‣ Flow metering products and systems
‣ Marine, truck, and railcar loading
systems
‣ Installation and maintenance services
‣ Frac-stack and manifold rental and
operation services
‣ Flowback and well testing services
Technip Energies
Project management, technologies,
equipment and services
‣ Onshore
LNG and gas monetization,
petrochemicals, ethylene, refining,
hydrogen, fertilizers, biochemicals,
biofuels, circular economy, carbon
capture, mining and metals, nuclear,
life sciences
‣ Offshore
Floating LNG, floating production units
(FPSO, SPAR,.. ) and fixed platforms
‣ Services
Project management consultancy,
process technologies, Genesis
advisory and engineering services
‣ Equipment
Loading systems, Cybernetix
surveillance and robotics
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Subsea competitive strengths
Market leading positions built Differentiated offering of Technology advancements to
upon innovation and deep integrated products, services: drive greater efficiency and
industry knowledge iFEED™, iEPCI™ and iLoF™ simplification

Subsea Production
FEED Studies Flexibles Umbilicals Installation iEPCITM Field Services
Systems

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Subsea offers a full suite of capabilities

Conceptual Design Life-of-Field

Project Execution
& FEED (1) and Maintenance

Engineering Procurement Equipment Construction Installation

supply Maximized
Unique asset
Rationalized subsea reliability
and
architecture Joint SPS+SURF R&D Shortened time to first and uptime
technological
and design for improved technology oil and offshore Increased capabilities
application and installation through aftermarket
Optimized technology combination better planning capabilities Best possible
applications
Improved line-up to
Reduced project Strengthen leverage undertake client
Improved field performance performance over
interfaces and on procurement challenges
the life of field
contingencies

iLoF™ is a growth
iFEED™ is an enabler iEPCI™ is a differentiator
engine

(1)
Genesis Oil & Gas Consultants TechnipFMC

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Subsea – integrated approach redefining subsea project economics

Traditional approach Enhancements Key benefits

 One global contractor

 Reduced material costs
 Integrated procurement

 Optimized  Simplified equipment set-up

subsea architecture

 Fewersubsea production  Optimized flow assurance

system interfaces

Subsea 2.0™ an enabler to iEPCI™  Reduced flowline and riser  Reduced installation phase
lengths

 Lesscomplexity through  Accelerated time to first oil

reduced part counts

A field design incorporating Subsea 2.0™ and iEPCI™ can remove over
half of the subsea structures while maintaining the same field operability

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 Subsea – making subsea short-cycle with Subsea 2.0™ +
iEPCI™

Subsea 6 month Break-even

Shell Kaikias iEPCI™ schedule price
2.0™ reduction <$30/bbl

IR

TechnipFMC is changing the subsea paradigm from a long-cycle to a short-cycle business,

using Subsea 2.0™ and a truly integrated approach (iEPCI™) to field development

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Subsea services is a growth engine
Installed asset base Subsea services revenue

Flexible Pipe Umbilicals CAGR(1) = 12+%

11,000 km 5,000 km

Subsea Controls 27%

Subsea Trees

2,200+ units 2,000+ units

2017 2020e
(1)
Compound Annual Growth Rate

Services = 0.8x CAPEX over Life-of-Field 2x growth in Digital Services

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Subsea orders are driven beyond competitive tenders

Subsea services
• Diversified revenue base of $1b+
• Life-of-Field capabilities provide a unique path for growth

Alliance partners
• Long-term, mutually beneficial relationships
• Exclusive alliances result in direct awards

iEPCI™
• Expands the set of deepwater opportunities
• Value proposition mitigates headwinds of reduced project scope

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Technip Energies competitive strengths
A market leader, notably in the Balanced portfolio of projects, Mega-project capability,
areas of gas and downstream clients, geographies, and contracts world class execution

Offshore Onshore
Fixed Floating LNG/ Petrochemicals/ Biochemicals/
Refining Hydrogen
Platforms Production Units Gas Monetization Fertilizers Biofuels, CCUS

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Technip Energies – Supporting the energy transition
LNG Bio
chemicals
2 Column Text (20pt)
Energy  Subheading
efficiency
 Body text (20pt)  Body text (20pt) our core capabilities
Applying
Bullet Bio
 Bullet to tomorrow’s key energy
 Bullet fuels  Bullet challenges
Lifecycle
analysis
 Bullet  Bullet  Proven experience to secure innovative
processes development
Circular
 Optimized design to complete engineering
Economy
Energy
Nuclear and project delivery
efficiency
 Proprietary technologies and licensing
Hydrogen  Unrivalledproject management and
Marine execution capabilities
Energies CCUS*

1
CCUS: Carbon Capture, Utilization and Storage

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Technip Energies– differentiated growth opportunities
Process Technologies / PMC LNG
 Rising demand for petrochemicals
 2 Column Text (20pt)
Favorable feedstock to product differentials
 Subheading
 Improving market dynamics
Rising FEED activity
  Body
Body text
 Technology (20pt)
definition and selection activity text (20pt)
 Increasing tendering opportunities
 Electrification of ethylene crackers

Bullet
 Increased focus on hydrogen and CCUS
 Bullet
 Greenfield and brownfield projects
 Bullet   Bullet
Mid-scale, modular designs
 Process Technologies
 Bullet  Bullet (after FEED completion)
 Execution
Ethylene
 Hydrogen  Arctic LNG 2
 Petrochemicals and Polymers including  Sempra Energia Costa Azul
biofuels, biochemicals and green chemistry
 Fluid catalytic cracking (FCC)
 Coral FLNG

 Portfolio  Adjacent opportunities

expansion
 Hummingbird (ethanol to ethylene)  Mid-scale LNG
 Direct Heating Unit (DHU) Flameless Combustion  LNG reception terminals
 Epicerol  Gas FPSO
 Project management consultancy (PMC)
 Reimbursable opportunities

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Surface Technologies competitive strengths
Leading market positions in Delivering technology that Integrated offering delivers up
several niche product offerings extends asset life, improves to $1m in savings per well,
returns creates unique growth platform

Wellhead Flowline Frac, Flowback and Pumps

Midstream/
Drilling Completion Production
Transportation

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Portfolio leverage to major energy growth platforms

Subsea LNG Unconventional

 2 Column Text (20pt)  Subheading
 Body text (20pt)  Body text (20pt) Product
iEPCI™ 90 Mtpa
reliability
Bullet subsea
Transforming Global production  Bullet Leading positions in
project economics delivered several products
 Bullet  Bullet
 Bullet2.0™
Subsea  Bullet
Revolutionary product
7.8 Mtpa Technology
World’s largest LNG Extending asset life
platform – simpler, and improving returns
leaner, smarter trains delivered

Integrated
iLoF™ >20% offering
A growth engine Of operating LNG $1m savings per well;
capacity(1) unique growth platform

(1) Percentage is based on 71.5 / 340.2 Mtpa (million metric tons per annum) of TechnipFMC / industry operating capacity as of December 31, 2017; source: IHS.

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Our company priorities

This section provides information about our company priorities.

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Our company priorities

Execute Collaborate Win

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Our business priorities

This section provides information about our company priorities.

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Subsea
Strategic objectives
1
iFEEDTM Accelerate conversion iEPCI TM

2 Services:
growth to achieve $1.4bn by 2020

3 Subsea 3.0:
integrated technology and delivery system

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Surface
Strategic objectives
1 North America:
accelerate transformation

2 International:
aiming for leadership position

3 Technology:
market acceptance of the integrated
production platform

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Technip Energies
Strategic objectives

1 LNG and Process Technology leadership

2 Project selectivity and client intimacy

3 Supporting the energy transition and

accelerating digital transformation

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Our purple culture

This section provides information about our culture.

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Our complete values framework

Our core values Realizing possibilities Achieving together Building trust

We strive for ever better We work as one team We listen to improve

Our behaviors We take initiative We share knowledge We partner constructively

We learn from success and We embrace diversity of We seek to outperform

failure thought

Our foundational In everything we do, we never compromise on:

beliefs Safety | Integrity | Quality | Respect | Sustainability

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Our 3 pillars of Sustainability

Supporting communities
We make a long-term positive
impact in the communities where
we live and work through active
Advancing gender engagement in health, education
diversity and local employment
We create an
environment that
encourages everyone to
reach their full potential
Respecting the environment
We develop solutions and operations
to minimize carbon intensity
and the impact on the planet

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We achieved all our 2018 Sustainability objectives
Create in-country value through Ensure gender pay equity Reduce the carbon footprint of our
initiatives in health, education and everywhere we operate facilities, products and solutions
local employment

245 100 %
4.9 %

Global initiatives Jobs reviewed Reduction of CO2

27 participating countries to ensure pay equity emissions
Salary adjustment ongoing On-going technology initiatives

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2019 Sustainability objectives
Support and develop Improve gender balance in the Provide the carbon footprint of
STEM* initiatives organization, across all functions our deliverables to clients
and levels through conceptual studies

1+ 1+ 100 %
Initiatives toward STEM* Women in each Subsea concept studies
In entities over 300 employees
succession plan to include a carbon footprint study

*Sciences, Technology, Engineering, Mathematics 35

What is Impact Quality?

Impact Quality is our global quality leadership program driving a culture of

prevention, accountability and continuous improvement.
Impact Quality aims to:
• Support us to get it right first time, every time to enable business results and
client success.
• Drive the development of leadership behaviors and ultimately a high
performance culture of quality.
• Provide TechnipFMC with the behaviors and tools required to realize the
global quality policy, and support the Code of Conduct.
• Help us to deliver upon our vision and Values Framework.

Our Impact Quality formula for success:

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What is Pulse?

Pulse is our global HSES culture and engagement program

• Designed to support a strong HSES culture.
• Focused on developing employees to adopt a positive mindset
and HSES leadership behaviors.
• Supports our HSES policy and makes our HSES processes and tools
more effective.
• Helps us to align behaviors and work collectively and collaboratively
to foster a incident-free working environment.

Our Pulse formula for success:

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This document and all information herein are confidential, and may not be used, reproduced or distributed without prior authorization of TechnipFMC.

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