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Technip Energies Companions with TÜV Rheinland to Broaden Undertaking Administration Consultancy Providers to New Markets

PARIS–(BUSINESS WIRE) – Regulatory news:

Technip Energies (PARIS: TE) (ISIN: NL0014559478) and TÜV Rheinland have formed a strategic alliance to offer project management consulting services to customers in the infrastructure, energy, chemistry, and mining and metals sectors.

The five-year alliance will leverage the two companies’ strengths as world-class players in their respective industries and expand the presence of both parties to better serve customers around the world.

This alliance will enable both parties to expand their project management advice, project control and monitoring capabilities to new market opportunities in order to create high quality services for customers.

Charles Cessot, Senior Vice President Strategy at Technip Energies, commented: “We are proud to have signed this strategic alliance with TÜV Rheinland, one of the world’s leading testing service providers with whom we have close relationships. This alliance is fully in line with our strategy of expanding our service and consulting business. It also shows how we can contribute our core competencies to expand into adjacent markets and create value-added services. ”

Petr Láhner, Executive Vice President Industrial Services & Cybersecurity at TÜV Rheinland, said: “New technologies, new products and new requirements shape our everyday lives. The world around us is changing, so are we. Our primary goal is to satisfy our customers through global, market-oriented and innovative services. That connects us with Technip Energies, a leading engineering & technology company for the energy transition. That is why we are proud of the strategic cooperation that we have now entered into. ”

About Technip Energies

Technip Energies is a leading engineering and technology company for the energy transition with leadership positions in liquefied natural gas (LNG), hydrogen and ethylene as well as growing market positions in blue and green hydrogen, sustainable chemistry and CO2 management. The company benefits from its robust project delivery model, which is supported by a comprehensive range of technologies, products and services.

Our 15,000 employees work in 34 countries and are fully committed to bringing our customers’ innovative projects to life and to pushing boundaries in order to accelerate the energy transition for a better future.

Technip Energies is listed on Euronext Paris with American Depositary Receipts (“ADRs”) which are traded over the counter in the United States.

Further information: www.technipenergies.com.

About TÜV Rheinland

TÜV Rheinland stands for safety and quality in almost all areas of business and life. The company, which was founded almost 150 years ago, is one of the world’s leading test service providers with more than 20,600 employees at locations on all continents around the globe. The highly qualified experts from TÜV Rheinland test technical systems and products worldwide, support innovations in technology and business, train people in numerous professions and certify management systems according to international standards. The independent experts create trust in products and processes across global value chains and flows of goods. TÜV Rheinland has been a member of the United Nations Global Compact for the promotion of sustainability and the fight against corruption since 2006. More information: www.tuv.com

Important information for investors and security holders

Forward-looking statement

This press release contains “forward-looking statements” within the meaning of 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 expected sales, earnings, cash flows or other aspects of Technip Energies’ business or results of operations. Forward-looking statements are often accompanied by the words “believe”, “expect”, “anticipate”, “plan”, “intend”, “foresee”, “should”, “could”, “can”, “estimate”, “outlook” and similar expressions, including negative ones. The absence of these words does not mean that the statements are not forward-looking. These forward-looking statements are based on Technip Energies’ current expectations, beliefs and assumptions regarding future developments and business conditions and their potential effects on Technip Energies. Although Technip Energies believes that these forward-looking statements are appropriate at the point in time, no guarantee can be given that future developments affecting Technip Energies will be those that Technip Energies expects.

All forward-looking statements by Technip Energies involve risks and uncertainties (some of which are material or are beyond Technip Energies ‘control) and assumptions that could cause actual results to differ materially from Technip Energies’ historical experience and current expectations or Technip Energies’ forecasts differ. Should one or more of these risks or uncertainties materialize, or should any underlying assumptions prove incorrect, actual results could differ materially from those expressed in the forward-looking statements.

For information about known material factors that could cause actual results to differ from projected results, please refer to Technip Energies ‘Risk Factors, which are described in Technip Energies’ filings with the US Securities and Exchange Commission, Amendment No. 4 to Technip Energies’ declaration of registration on Form F-1, filed February 11, 2021.

Forward-looking statements involve inherent risks and uncertainties and speak only as of the date of their publication. Technip Energies assumes no obligation to update forward-looking statements in light of new information or future events and will not necessarily update them unless required by applicable law.