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Growing and safeguarding our people Developing a learning, inclusive and safe workplace 94% of employees have undertaken a Global Inclusion Course and Code of Business Conduct e-learning
50% of graduates hired in 2021 are female Total recordable incident rate (TRIR) of 0.08 in 2021
Developing partnerships Collaboration is key to accelerate the journey to a carbon neutral economy 13 strategic alliances and partnerships signed in 2021
Key partnerships with leading industry players such as Nipigas, NPCC and TUV Rheinland
Collaboration with academic and research centers (MIT, Stanford, CEA, IFPEN)
Agreements with technology leaders (Svante, Shell Catalysts & Technologies, Carbios)
Empowering communities Supporting the communities where we live and work is at the core of our ESG Roadmap 14,360 volunteering hours to support the communities
Our India office received the National Corporate Social Responsibility (CSR) Award for its Seeds of Hope program in 2019, which has improved the education of more than 9,000 children since 2015
Collaborating with our supply chain In our business, the supply chain is a major contributor to our success 2.1 billion spend in 2021 with suppliers in 66 countries on goods and services
Continued our efforts to reduce waste, decrease our carbon footprint and collaborate with suppliers on innovative environmental subjects
The pandemic context has accelerated the use of digital solutions notably for remote inspections enabling some improvements in terms of CO2 emissions
Seeking suppliers engagement on ESG topics such as business ethics, HSES and human rights as early as the preliminary evaluation phase
Ensuring a shareholder return Maintaining a continuous dialogue with our shareholders and rewarding them for their trust is a priority Operational performance (Adjusted recurring EBIT) of 431 million, 22% increase year-on- year, representing 6.5% of Adjusted revenue
Group share Adjusted net income of 251 million, 22% up from 2020
Adjusted net earnings of 1.39 per outstanding share
First dividend of 0.45 per share to be proposed at the next Annual General Meeting
Our talents We are a people company with worldwide technical expertise 15,000+ employees in 34 countries with 108 nationalities
Strong pool of expertise, average age is 43, average seniority is 10 years with the group
27% of women, beyond the energy industry average
Our financial(1) strength Our solid financial position supports our leadership Adjusted cash position of 3.8 billion with strong free cash flow generation
Gross debt to adjusted recurring EBIT(2) ratio of 1.58 down from 2.11 at spin-off date Adjusted backlog(3) of 16.4 billion, equivalent to 2.5 times the 2021 adjusted revenue
Our track record We have a project delivery track record of over 60 years based on our know-how, methods and outstanding project execution teams
Some of the world s most iconic and complex energy infrastructure, from the largest LNG plant in Qatar, to the first floating LNG in the world or the world's largest biodiesel plant
270 hydrogen units First floating offshore wind unit
Our ESG Roadmap We have designed Together by T.EN, a strong ESG Roadmap with measurable targets Contribution of 5,800 employees (38%) Participation of over 100 external stakeholders Robust scorecard with 23 quantitative targets Fully embedded within our culture and business strategy
Our technological leadership Technology is a key element of our strategy and supports our business leadership Chief Technology Officer reports to the CEO 420 technology experts supporting our activites
3 R&D centers working with the largest institutions and research centers (MIT, Stanford, CEA, ...)
Over 3,000 patents, 25 leading proprietary technologies and 45 in-house technologies
Our Purpose and Values We have clearly expressed why we do business and how we work Our Purpose provides consistency and direction for the long term Our 5 Values frame the way Technip Energies wants to do business, inspire employees and deliver the best experience to clients
(1) Financial information is presented under an adjusted IFRS framework, which records Technip Energies proportionate share of equity affiliates and restates the share related to non-controlling interests, and excludes restructuring expenses, merger and integration costs, and litigation costs. (2) Adjusted profit before net financial expense and income taxes adjusted for items considered as non-recurring. (3) Backlog comprises secured and confirmed orders from customers which will generate future revenues with a high probability.
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Global Trends
ENERGY DEMAND Growing population driving growth in primary energy demand in a context of energy independence and decarbonization needs across all our markets.
ECONOMY Global economy recovering gradually from the pandemic but facing inflationary trends and war context in Ukraine.
A unique business model
14 . Technip Energies business model