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Dear stakeholders,

It is with great pride that I introduce Technip Energies second sustainability report which is aligned with the GRI (Global Reporting Initiative) Sustainability Reporting Standards, the Task Force on Climate- Related Financial Disclosures (TCFD), and the Sustainability Accounting Standards Board Standards (SASB). As an integral part of our 2022 Annual Report, it highlights our commitment to fully embed sustainability both in our strategy and in the life of the company; it also supports our business and drives our future success.

To achieve a high level of extra-financial performance requires ambitious commitments. Our ESG roadmap sets out our engagements around three strategic pillars; to preserve our climate and environment, to ensure the safety and development of our people, and to instill trust through strong governance, transparency, and accountability. We are committed to drive positive changes for our stakeholders and endorse the United Nations Sustainable Development Goals.

Highlights of our key achievements in 2022 include:

On climate and environment: We reduced scope 1 & 2 emissions by 11% compared to 2019, and we are on track to reach net zero by 2030. For the first time, we are reporting our scope 3 upstream emissions. Our calculation methodology enables us to measure our scope 3 downstream emissions for which we have made an initial gross estimate, as well as scope 4, avoided emissions from our clients’ point of view thanks to the carbon capture projects in the EPC phase of our backlog. In 2023 our scope 3 downstream estimate will be

refined and published together with targets to decarbonize our core business and that of our clients as we transition to new sustainable business.

People are our assets: Safety is at the heart of what we do. Since 2022, all eligible construction sites now have a behavior- based safety (BBS) program in place. While our safety targets are not new, they are now included in our scorecard to make them completely visible and transparent.

From 12% in 2021, we have increased the number of women in leadership positions to 18% and we aim to reach 25% by 2025. We believe that setting targets is key to improving gender diversity, so we aim for women to make up 35% of our permanent workforce by 2030, to reach gender parity by 2050. We will achieve this by supporting women in STEM and ensuring gender parity in new graduate recruitments to build up our pipeline of future leaders.

In 2022, the number of volunteer hours increased by 50%. To leverage this level of dedication from our employees, for the first time we set a new target to develop social initiatives to benefit 750,000 people over a 5-year period in our local communities.

On trust: It is core to our relationship with all our stakeholders, in the objectives that we set and in the way we perform. Which is why human rights due diligence and ESG performance will increasingly form part of our qualification criteria for suppliers and subcontractors to be monitored and audited.

In 2022, we benchmarked our approach and engaged with rating agencies to improve disclosure and identify areas of progress, with the ambition of being a leader for our sector. Each rating agency reported a year-on-year

Letter to stakeholders

VERT BLEUROUGE

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We have strengthened our commitments and recentered our focus on impact driven targets to accelerate our sustainability journey. In 2023 we will strive to make even greater progress.”

The role of the ESG committee is to drive increased transparency and accountability. One area in which Technip Energies has made significant progress in this regard, is the work carried out to establish a rigorous methodology for measuring and reporting its indirect CO2 emissions. This year the company has evaluated scope three upstream emissions from its construction activities and procurement. It has also estimated the scope three downstream emissions from its clients’ activities and will publish targeted decarbonization action plans at the end of 2023 to develop new sustainable business and accelerate the energy transition towards net zero.”

How do we break-down gender stereotypes? By setting and publishing targets. When Technip Energies set its target to reach 50% of women in the annual graduate intake it seemed challenging, but it was achieved in the first year, and again in the second year, even as the graduate intake tripled. This will have a direct impact on the target to have 25% of women in leadership positions by 2025. Gender diversity brings real benefits to all companies so we must be intentional in our decisions around hiring and promoting throughout the company, including at Board level. Supporting women in STEM has to start at school and continue throughout education, employment and career progression.”

Research shows that the market’s best performing companies are those that continually innovate, that anticipate change, identify new opportunities, and move with pace to create competitive advantage. Technip Energies is one of those companies. By applying its expertise and skillsets gained over 60 years and embracing change to develop new solutions, propose new business models, and attract new talents, the company is leading the way in the energy transition. By joining forces to share expertise within and across industries, Technip Energies is building a bridge between green electrons and molecules, between the traditional energy industry and the renewables sector, to create a more sustainable energy system.”

Samir Karoum Chief Strategy & Sustainability Officer

Meet the ESG Committee DIDIER HOUSSIN Independent Director. Chair of the ESG Committee.

ALISON GOLIGHER Independent Director. Chair of the Compensation Committee and Member of the ESG Committee.

COLETTE COHEN Independent Director. Member of the Compensation Committee and Member of the ESG Committee.

improvement. We are proud to be rated AAA industry leader by MSCI for Technip Energies and to have been awarded a Platinum medal by Ecovadis for Technip Energies France.

Like the energy transition, the route to sustainability is a journey. But to achieve the goals of the Paris climate agreement we need to act fast and ramp up the rhythm. Our new ESG scorecard for the period 2023-2025 has been simplified and structured to be best-in-class. We have strengthened our commitments and recentered our focus on impact driven targets to accelerate our sustainability journey. In 2023 we will strive to make even greater progress, as we help to drive our clients’ transition towards a new energy system and deliver robust financial performance.

Technip Energies Sustainability Report 2022 . 0504 . Letter to stakeholders

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