Q&A
ESOP 2026
ESOP 2026 is Technip Energies’ first employee share 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 employee share fund (FCPE) depending on the country, by subscribing to Technip Energies shares under preferential terms:
- Two investment offers.
- A 20% discount on the share price at subscription
- A matching contribution up to €500 in total, when participating in ESOP Classic.
- Account management fees paid by Technip Energies for employees.
ESOP 2026 is a capital increase reserved for the Group’s employees, which was approved by the General Meeting. A capital increase is a transaction that consists in increasing the amount of a company’s share capital by creating new shares. As part of ESOP 2026, these new shares will therefore be offered to employees eligible to the plan only.
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 of an Employee Share fund (FCPE) which subscribes to Technip Energies shares 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.
Individual account
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, follow up the transactions you carried out and access to useful information on the FCPE.
Early release
The early release cases are listed in the local supplement for your country, available on this website.
Please note: the same reason for early release can only be used once.
Upon release, you will receive the value of one FCPE unit as of the date of exit 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 calculate an average over 60 records.
Eligibility
All employees of a legal entity where ESOP 2026 is available and who meet the following conditions are eligible: having, on June 23, 2026, an employment contract with the Technip Energies Group and having completed at least 3 months of employment, consecutive or not, as from 1st January 2025.
Consequently, employees on fixed-term contracts 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 in France (i.e., € 12,015 (€48,060 /4) on 1st January 2026).
For special cases, please contact your ESOP or People & Culture representative.
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. 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.
Yes, the 3 months are calculated taking into account employment with all Technip Energies Group companies.
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.
Taxation
The taxation applicable to the ESOP 2026 plan is detailed in the local supplement specific to your country and can be downloaded in the "Documentation" section.
Investment limits
ESOP Leverage ESOP Classic Personal contribution 10 times 1 time Matching contribution N/A 0 time*
=
Total of your payments into ESOP 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 the FCPE can subscribe to additional shares.
For every share subscribed with your personal contribution, the bank finances the subscription of 9 additional 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 consists of your gross base salary + gross bonus + one-time bonus or gross contractual bonuses and 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. You have therefore to be careful so as not to overestimate the maximum amount you can invest.
Payment terms
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.
ESOP Leverage offer
By participating in ESOP Leverage, you subscribe units of the “T.EN Leverage International” sub-fund of the T.EN Shares International FCPE.
At the end of the 5-year lock-up period, you will no longer benefit from the guarantee as described above. You will be contacted at least two months before the maturity date and asked if you wish to:
- Request the partial or total redemption of your assets,
- Transfer your assets to the “T.EN Classic International” sub-fund of the T.EN Shares FCPE.
In case of absence of choice on your part, your assets will be automatically transferred in “T.EN Classic International” sub-fund of the T.EN Shares FCPE and will be subject to fluctuations in Technip Energies share price, up and down.
ESOP Classic offer
By participating in ESOP Classic, you subscribe units of the “T.EN Classic International” sub-fund of the “T.EN Shares International” FCPE.At the end of the 5-year lock-up period, you will have the option to:
- Keep your assets in the “T.EN Classic International” sub-fund of the “T.EN Shares International” FCPE; or
- Request the partial or total redemption of your assets.