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ESOP 2026 is Technip Energies’ first Employee Stock Ownership Plan. Its objectives are to:

  • engage employees in our transformation to accelerate the energy transition worldwide,
  • recognise the employee’s commitment,
  • share growth and results.


This plan will allow our employees to become Technip Energies shareholders, directly or via an FCPE depending on the country, by subscribing to Technip Energies shares under preferential terms:

  • Two investment offers.
  • A 20% discount on the share price
  • A matching contribution of up to €500 in total, when participating in ESOP Classic.
  • Payment facilities through a 6-month advance.
  • The possibility of subscribing thanks to a “limited” saving effort via the allocation of your incentive and/or profit-sharing bonus, where applicable.
  • Advantageous taxation: no income tax on capital gains, only social security contributions are due.
  • Account maintenance fees paid by Technip Energies for employees on the payroll.


ESOP 2026 is an increase in capital reserved for the Group’s employees, which was approved by the General Meeting. An increase in capital is a transaction that consists of increasing the amount of a company’s share capital by creating new shares. As part of ESOP 2026, these new shares will therefore only be offered to employees eligible for the plan.

ESOP 2026 concerns eligible employees of Technip Energies in the following 19 countries: 
Australia, Belgium, China, Colombia, France, Germany, India, Italy, Kuwait, Malaysia, Netherlands, Norway, Qatar, Saudi Arabia, Spain, Thailand, United Arab Emirates, United Kingdom and USA.

You subscribe to units in an Employee shareholding fund (FCPE) which subscribes to Technip Energies shares reserved for the transaction on your behalf. You are therefore not a direct Technip Energies shareholder but an FCPE unit holder. Your shareholder rights are exercised through the FCPE.

You can log onto the Amundi ESR website www.amundi-ee.com using your personal login details, which you will find on your account statement. This website allows you to check your account, be kept informed of the transactions carried out and access useful information on how the FCPE works.

As French legislation currently stands, there are 10 cases of early release which can be summarised as follows:

  1. Employee’s marriage or PACS (civil solidarity pact).
  2. Birth or adoption from the 3rd and subsequent children, provided there are already two dependent children.
  3. Divorce, separation or PACS dissolution with one or more dependent children.
  4. Disability of the employee, their spouse, partner under a PACS or a child.
  5. Termination of employment contract, regardless of the reason (retirement, resignation, contract termination, end of fixed-term contract, dismissal).
  6. Creation or takeover of a company by the employee, their spouse, their partner under a PACS or one of their children.
  7. Acquisition or extension of the main residence, resulting in the creation of new living area.
  8. The employee being in excessive debt.
  9. Death of the employee, their spouse or partner under a PACS.
  10. Domestic violence perpetrated against the employee, reported or giving rise to legal proceedings.
  11. Energy renovation work on the main residence. 
  12. Purchase of a vehicle that uses electricity and/or hydrogen as its sole source of energy.
  13. Caregiving activities carried out by the employee, their spouse, or their partner under a PACS for a relative.


Please note: the same reason for early release may not be used more than once.

In France, if you fall within one of the cases of early release, you can submit your request at www.amundi-ee.com by sending the supporting documents required.


Amundi ESR will validate your request and make the payment directly to your bank account.


The cases of early release and the procedure to be followed are detailed at www.amundi-ee.com. 

In France, for the following cases, the request, accompanied by supporting documents, must be made within 6 months of the event: 

  1. Employee’s marriage or PACS (civil solidarity pact).
  2. Birth or adoption from the 3rd and subsequent children, provided there are already two dependent children.
  3. Divorce, separation or PACS dissolution with one or more dependent children.
  4. Creation or takeover of a company by the employee, their spouse, their partner under a PACS or one of their children.
  5. Acquisition or extension of the main residence, resulting in the creation of new living area.
  6. Energy renovation work on the main residence. 
  7. Purchase of a vehicle that uses electricity and/or hydrogen as its sole source of energy

Upon release, you will receive the proceeds of the sale of one FCPE unit multiplied by the number of units sold. 

In the ESOP Leverage offer, you will receive your personal contribution plus the higher of the following two amounts:

  • a capitalised annual return of 4% on your initial investment, or
  • a higher gain depending on the level of the protected average increase (see “Protected average increase” section)


When calculating the share performance, the last recorded price (or the reference price if the Technip Energies share price is below the reference price) is repeated as many times as necessary to establish an average over 60 records.

ESOP Leverage offer


At the end of the 5-year lock-up period, you will no longer benefit from the guarantee as described above. No later than 2 months before the end of the expiry date, you will be asked to choose between:

  • the reimbursement of all or part of your assets, or
  • reinvesting your assets in the “T.EN Classic France” sub-fund of the “T.EN Shares France” FCPE, invested in the company’s listed securities.

 

ESOP Classic offer


By participating in the ESOP Classic offer, you hold units in the “T.EN Relais 2026” FCPE if you have pre-allocated your incentive/profit-sharing to the plan and/or units in the “T.EN Classic France” sub-fund of the “T.EN Shares France” FCPE if you have made a personal contribution.
Upon completion of the transaction, the “T.EN Relais 2026” FCPE is intended to merge with the “T.EN Classic France” sub-fund of the “T.EN Shares France” FCPE, subject to approval by the Fund’s Supervisory Board. 
After the merger, all your assets invested in the ESOP Classic offer will be held in the “T.EN Classic France” sub-fund of the “T.EN Shares France” FCPE.

At the end of the lock-up period, your assets held in the “T.EN Classic France” sub-fund of the “T.EN Shares France” FCPE will become available.

You can then choose to:

  • keep your assets in the “T.EN Classic France” sub-fund; or
  • ask for the reimbursement of all or part of your assets; or
  • transfer your assets to other Technip Energies PEG FCPEs.

All employees of a legal entity where ESOP 2026 is available and who meet the following condition are eligible: having, on June 23, 2026, an employment contract with the Technip Energies Group and having completed at least 3 months of employment, consecutively or otherwise, as from 1st January 2025. 


Consequently, employees on fixed-term contracts, work-study students or any other employees who meet the above conditions of length of service and presence on June 23, 2026 are eligible.


Similarly, an eligible employee who leaves the group on or after June 24, 2026 shall remain eligible and shall retain the benefits of ESOP 2026.

Yes, as long as you meet the eligibility criteria. This situation may affect the calculation of the subscription limit depending on the gross annual salary, as only the employer’s payments can be taken into account, with the exclusion of benefits paid by a third party (e.g. health insurance).

For special cases, please contact your ESOP or People & Culture representative or write to the following email address: esop@ten.com.

Yes. But keep an eye the investment limit (25% of your estimated 2026 gross annual salary), which is based on the actual salary received from the company in 2026. Please note that, if you do not receive any remuneration from your employer, your investment limit is 25% of the annual Social Security ceiling in France (i.e., € 12,015 (€48,060 /4) on 1st January 2026). 

For special cases, please contact your ESOP or People & Culture representative.

Yes. You can subscribe if you meet the length of service condition (3 months of continuous or discontinuous employment in the Group on June 23, 2026 measured as from 1st January 2025) with a company that subscribes to the Technip Energies Group Savings Plan. 

No, insofar as, as a trainee, you do not have an employment contract with a company of the Technip Energies Group.

Yes, as long as you meet the eligibility condition on the last day of the subscription/cancellation period, i.e. June 23, 2026. Leaving the company, in particular for retirement, is one of the cases of early release that you may or may not choose to exercise.

Yes, as long as the expatriate employee is on the Group’s payroll on June 23, 2026 with at least 3 months of employment, consecutive or otherwise, between 1st January 2025 and June 23, 2026, and works in a country within the ESOP 2026 scope, they can subscribe to the plan.


The principle is that expatriate and posted employees can subscribe to the plan in their HOST country (if the country is within the scope of the transaction) where they are generally tax resident. However, this assumes that the legal entity hosting them considers them employees.


Note 1- Specific case of France: expatriate and posted employees in France cannot subscribe in France if they do not have a contract with a French legal entity.


Note 2 - Specific case of Russia and Belarus: The plan is not open to Russian or Belarusian nationals, to any natural person residing in Russia or Belarus, except (i) for Russian nationals, if they are nationals of a Member State of the European Union, a member country of the European Economic Area or Switzerland, or natural persons in possession of a temporary or permanent residence permit in a Member State of the European Union, in a member country of the European Economic Area or in Switzerland and (ii) for Belarusian nationals, if they are nationals of a Member State of the European Union or natural persons in possession of a temporary or permanent residence permit in a Member State of the European Union


NB 3 - Specific case of US Persons (employees physically present in the USA): the FCPEs proposed under this transaction are not open to residents of the United States of America.  

 

Yes. When a temporary employee is hired after their assignment, the length of time spent working as a temp at the company during the 3 months preceding the recruitment is taken into account when calculating the employee’s length of service. 

No, employees who leave the Group during the reservation period cannot participate; to participate, they must be employed on the last day of the subscription/cancellation period, i.e. June 23, 2026.


However, employees who retire may participate, provided they still have assets in the PEG on the last day of the subscription/cancellation period, i.e. June 23, 2026. These subscribers do not benefit from the matching contribution.

Yes, the 3 months are calculated taking into account employment with all Technip Energies Group companies.

For the ESOP 2026 transaction, only retirees who still have assets in the Technip Energies Group Savings Plan on June 23, 2026 are eligible. Eligible pensioners can subscribe via the ESOP Leverage and/or ESOP Classic offer.

In accordance with the law, retirees will not benefit from Technip Energies’ matching contribution on their voluntary payments that they decide to allocate to ESOP Classic. 

Eligible retirees only benefit from the discount.

As part of the PEG, employees in France (French tax residents) benefit from advantageous taxation (rate in force on 1st January 2026):

 

Upon subscription:

  • The discount is exempt from income tax and social security contributions,
  • The gross matching contribution is exempt from income tax and social security contributions, and is subject to CSG and CRDS contributions at the overall rate of 9.7%

 

On exit:

  • When you withdraw your assets from the PEG after the five-year period or in case of early release, your gain will be exempt from income tax and capital gains tax. However, it will be subject to social security, CSG and CRDS contributions (for information, these amount to 18.6% as of 1st January 2026). Contributions will be deducted by the account holder of your units. You will not have to declare anything. 
  ESOP Leverage ESOP Classic
Incentive/Profit-sharing 9 times 0 times*
Personal contribution 10 times 1 times
Matching contribution N/A 0 times*


=
Total of your payments into ESOP 2026


+
all your payments into the PEG 
and into any other employee savings plan in 2026 


≤ 25 % 

of the amount of your 2026 gross annual salary 
(including bonuses & premiums) 

 

 

* 0 times = amounts paid not taken into account when calculating the limit of 25% of your 2026 gross annual salary.

A simulation tool is available to make sure your investment in the plan complies with this limit.

In the ESOP Leverage offer, the leverage effect is obtained by a bank supplement equal to 9 times your personal contribution, paid into the FCPE so that said FCPE can subscribe to additional shares. 

For every share subscribed with your personal contribution, the bank finances the subscription of an additional 9 shares (leverage), making a total of 10 shares. 

You can estimate your 2026 gross annual salary by taking the gross remuneration received since 1st January 2026 and forecasting the amounts you should receive by 31 December 2026.
Your gross annual salary thus consists of your gross base salary + gross bonus + one-time bonus or gross contractual bonuses – excluding benefits in kind, incentive and profit-sharing amounts allocated to the savings plan. 
To estimate your 2026 gross annual salary, you can use:

  • The variable remuneration received since 1st January 2026 (e.g. one-time or contractual bonuses)
  • The total gross monthly base salary x 12 
  • An estimate of additional variable remuneration to be received in 2026, if any (e.g. 13th month).


It is your responsibility to estimate your 2026 gross annual salary. It is therefore important to be careful so as not to overestimate the maximum amount you can invest. 

Incentive and/or profit-sharing amounts and benefits in kind should not be included in your gross annual salary.

No. Profit-sharing and incentive payments made into a Group Savings Plan are not to be taken into account when calculating the investment limit. However, in the event of a subscription to the ESOP Leverage offer, the bank supplement (9 times the amount of your allocation) must be taken into account when calculating the investment limit.

Your personal contribution will be debited (using SEPA direct debit) from your bank account in August 2026.

If you choose to allocate your incentive and/or profit-sharing bonus to the plan, you may request the early release of your incentive and/or profit-sharing bonus once it has been invested (from 30/07/2026) if the event justifying the early release occurs after said investment.
 

In this case, you will not benefit from the matching contribution granted as part of the employee shareholding plan.

If you had previously chosen to make a reservation using all or part of your incentive and/or profit-sharing bonus, and you decide to withdraw during the subscription/cancellation period, your incentive and/or profit-sharing bonus will be transferred from the “T.EN Relais 2026” FCPE to the “AMUNDI 3 MOIS ESR-A” FCPE of the Group Savings Plan. You can subsequently transfer these amounts to other PEG FCPEs if you wish.
Furthermore, you will not benefit from the matching contribution under the employee share plan.