TechnologY

hIghlIghTS

TechnIP & YoU

eDITorIal

SU

MM

ar

Y 3

2

10

6

Letter to ShareholdersMarch 2014

a SocIallY reSPonSIble coMPanY4

froM The fIelD8

KeY fIgUreS5

+10%IncreaSe In oUr DIvIDenD

2

2013 was a year of both achievements and challenges. Throughout the year, we were able to add value to our clients, thanks to our sustained recent investments in people, assets, technology and geographic presence, both organically and by acquisition. Our year-end backlog stands at €16.6 billion and is profitable and well diversified by segment, client and geography. Our relatively high level of visibility on our business outlook has enabled us to set out realistic and achievable financial targets for these two years. These targets are reiterated in full today. Accordingly, following the growth in 2013 of our revenues, profit and cashflow, we propose to shareholders a 10% increase in our dividend to €1.85 per share.

Looking forward, our clients’ capex continues to increase globally, even if at a more moderate rate than in the past decade. Some themes remain clear in our industry - amongst them the fast depletion of older reservoirs, the abundance of new finds potentially to replace them, a longterm trend towards gas production, the importance of shale oil and gas to the US onshore market. We see the benefits of our positioning today in our ability to take many projects on the basis of our added-value.

Our focus in the year ahead will be on demonstrating our execution capability, delivering our projects safely and reliably, so as to drive profitable growth over 2014, 2015 and beyond.

To further strenghen our relationship with you, we are continuing our efforts to modernize how we share information with you through this new format of the shareholder letter. More modern and highlighting Technip skills and technology, this revamped letter also has a specific double page looking back on our best time together. A final comment to thank you for your trust, especially throughout 2013, which was difficult for the oil and gas industry, on financial markets. In the last month of 2013, Technip has seen its share price drop. Even in this situation, you have remained faithful, keeping in mind the fundamentals of the company which as figures show are positive and growing.

I would like to thank you for your trust.

Following the growth in 2013 of our revenues, profit and cashflow, we propose to shareholders a 10% increase in our dividend to €1.85 per share.

Thierry Pilenko Chairman & Chief Executive Officer

DEAr shArEholDEr,

eDITorIal

3

For Further inFormation:

SuStainabLe DeveLopment a catalyst for responsible and long-term business

The oil & gas industry has always had a complex relationship with sustainable development. It is often portrayed as “the bad guy” in debates about the environment and climate change. however, its role in meeting worldwide demand for energy and contributing to economic growth is rarely recognized.

The priority was to draft a clear sustainable development strategy built around delivering added value to all stakeholders.

Currently, the sustainable development network has three main priorities:

supporting education and national content, integrating environmental protection deeper into our activities, finding breakthroughs in product design and business operation

at technip, sustainable development (also referred to as Corporate Social Responsibility or CSR) is defined as

meeting the energy requirements of the world’s population in a sustainable way, while maintaining the profitability of our projects without neglecting safety, national content or environmental considerations.” having a pragmatic approach to sustainable development, deeply rooted in our values, is paying-off.

We have been awarded several times and highly ranked in numerous countries. These rankings and awards are important because they increase the visibility of our sustainable development actions to stakeholders. As an example, Technip has been highly ranked in the Dow Jones sustainability Indexes for more than a decade, as well as Vigeo, Csr rating agency, in 2011 and 2013.

numerous videos on sustainable development are available on www.technip.com

2 questions to Colette Casimir, Svp head of Sustainable Development

What is your role?CC : My role is to raise awareness of sustainable development within our day-to-day business so that it will be increasingly incorporated into Technip’s culture.

Can you tell us about the organization you have implemented?CC : The team is composed of strong sustainable development believers. Each region has assigned a coordinator to apply the Group SD strategy. At Group level, we have also set up a team to impulse a clear and coordinated strategy. The SD Board, led by Thierry Pilenko, alongside the sD Committee that I lead will reinforce our actions.

colette casimir, SvP head of Sustainable Development

new sustainable development Section on www.technip.com

hIghlIghTS In vitória in brazil, we worked with schools to build vegetable and flowers gardens with reused materials coming from the local community.

group of students from KnUST (Kwame nkrumah University of Science and Technology) who attended the ‘’Technip Subsea Installation lecture” in february 2013

4

interview with Stéphane Solé, Ghana Country manager until october 2013.Our involvement in this promising country is fully in line with the Group’s commitment to contribute to sustainably developing the countries where we operate; of course the partnership with a key actor in development, such as UNDP, is critical to ensure we undertake the right approach.

In 2011, Technip began working with the UN in Ghana during the Ivorian crisis, when refugees crossed the border into Ghana. We gave the UN use of our offices located near the refugees’ camp, which meant their teams could quickly help people. From this successful collaboration, we continued to talk to each other and found several synergies between our sustainable development program and the actions handled by UN Agencies, such as UNDP in Ghana. For example, for UN World Environment day in June 2013, we installed solar panels on the community library we built in Essikado. We also have common achievements: UNDP invited us to work with the regional Maritime University, and we delivered lectures to their students through a network of engineering schools. In July 2013, we took our collaboration with UNDP a step further by formalizing it through a Memorandum of Understanding which is in line with our Group SD Strategy.

Today, we aim to make our projects sustainable, to set up long-term guidelines for our shared action and to deploy the Group’s renewable energy program in Ghana. technip has been in Ghana for 5 years

Technip and UNDP* join forces in Ghana

The Technip relief and Development fund participated in the equipment of a library for the essikado community

* United nations Development Programme

a SocIallY reSPonSIble coMPanY

€16.6 billion backlog as of December 31, 2013

Group revenue for 2013 was €9.3 billion, up 14%.

operating margin (1) of 9.0%.

operating income (2) was €845 million in 2013 versus €819 million a year ago.

net income was €563 million in 2013, up 4%.

At the end of the fourth quarter 2013, technip’s backlog rose to €16.6 billion, compared with €15.9 billion at the end of third quarter 2013, and €14.3 billion at the end of fourth quarter 2012.Approximately 47% of the backlog is estimated to be scheduled for execution in 2014.

Shareholders’ equity as of December 31, 2013, was €4,174 million compared with €3,962 million as of December 31, 2012, restated.

As of December 31, 2013, the Group’s net cash position was €663 million compared to a negative position of €55 million at the end of September 2013 and positive position of €183 million at end December 2012 reflecting the profitability of the Group, a good working capital performance in the second half of the year and an increase in capital expenditures.

Profitability in line with our third quarter outlook and record net income

Full year 2014 outlook

Subsea revenue growing to between €4.35 and €4.75 billion, with operating margin of at least 12%.

Onshore/Offshore revenue growing to between €5.4 and €5.7 billion, with operating margin between 6% and 7%.

Full year 2015 outlook

Subsea revenue to be well above €5 billion, with operating margin between 15% and 17%.

Onshore/Offshore revenue growing modestly with stable operating margin.

FuLL year 2013 results

two next years outLook

(1) operating income from recurring activities divided by revenue. (2) from recurring activities

KeY fIgUreS

5

10% increase in our 2013 dividend to €1.85 per share Technip's Board of Directors will recommend a dividend of €1.85 per share, a 10% increase compared to 2012.

Steady dividend evolution Almost 9% annual growth over 5 years

Dividend: €1.85

6

FLnG design requires prior knowledge of: natural gas liquefaction; the design and construction of large FpSos* that up until now have been used only for oil production; and the design of the riser and mooring systems that link offshore gas fields with floating platforms. Technip has the unique ability to provide expertise in all these key areas, with recent successful references through projects such as Yemen LNG, Akpo FPSO in Nigeria and the subsea project MAD6 in India. Many new design challenges have been overcome by our teams to have:

compact and motion resistant processes that produce high quality LNG;

layout features and passive and active safety systems that safeguard life and property;

piping and structural elements that resist the long term fatigue from the battering of wind and waves.

In July 2009, shell signed a 15 year umbrella contract with the Technip Samsung Consortium for a program of generic FLNGs. Today, the construction of Prelude FLNG is well underway in our partner’s shipyard in Goeje, South Korea, while the original agreement has been extended to cover innovations for the next generation of Shell FLNGs that are at design stage in Paris La Défense in France. Then, in June 2012, a contract to supply Petronas with a small capacity FLNG was signed with Technip and Daewoo, a project jointly managed by the Kuala Lumpur and Paris centers.

these are the only two FLnGs under construction to date in the world, making technip the uncontested market leader.

FLnG: a combination of our knoW hoW results in successful innovation

10 - Cooling water

cold water, taken deep below the surface, helps

reduce refrigeration power consumption.

7 - Storage inside the hull

The storage tanks are speciallydesigned to resist the sloshingof LNG in partially filled tanks

and rough seas.

9 - FlareAn elevated flare for the safe disposal of hydrocarbons released for short periods duringstartup or as the consequence of the action of one of the many overpressure protection systems.

conTexTFLNG (Floating Liquefied Natural Gas) is the first project type which involves so many of Technip’s skills. It is the concretization of decades of work for the group in lng process plant, floating offshore facilities and subsea infrastructure. flng is also an excellent example of differentiation through the integration of multiple, core activities to produce something new.

TechnologY

7

TechnIP IS reSPonSIble for The overall ManageMenT of The flng ProjecT execUTIon. We also provide engineering of topsides, procurement of main equipment and special bulk, towing and offshore installation.

1 - Control room and living quartersan accommodation block with several hundred beds and a rooftop helideck for all personnel movements.

2 - Swivelthe FLnG deck rotates around the turret. The swivel allows the transfer of multiple well streams, and hydraulic and control signals, from the turret to the deck.

Safety gaps betweenthe hydrocarbon modules and inhabited areas.

4 - power generation and utilitiesThe flng is completely autonomousin electrical power and other utilities.

5 - pre-treatmentMany large modules containing everything needed to managethe wells, separate the gas from hydrocarbon condensateand water and clean up the gas.

6 - Liquefactionmassive refrigeration systems with large compressors are required to liquefy the gas.

3 - turretA fixed point firmly anchored to the seabed allows the FLnG to

weathervane to face into the wind and waves in a way that minimizes deck

movement. Stern thrusters may be additionally installed to facilitate lng

carrier mooring and cargo transfer.

8

Technip, leader of a consortium with Subsea7, has been awarded by Tullow Ghana Limited two contracts for the TEN Project, located offshore Ghana, at a water depth reaching up to 2,000 meters. Together, those two contracts have a combined value of approximately USD 1.23 billion, with a Technip share of about USD 730 million.

The TEN Field is located in the Deepwater Tano Contract Area, 60 kilometers off the coast of Ghana and approximately 30 kilometers west of the Tullow Operated Jubilee Field. Technip has been operating in Ghana since 2009, when the Group was awarded the Jubilee project, the first deepwater field developed in the country. since then, Technip has been considerably investing to support Ghana’s industrial development, while also pioneering the oil and gas industry in the country.

In the frame of those contracts, Technip will be in charge of the engineering; the fabrication and the installation of different kind of pipes, to only name a few. The offshore installation is scheduled to be completed in the second half of 2016.

For the benefit of this project in ultra-deep water requiring technical innovation, Technip has mobilized its worldwide organization combining together know-how and various areas of expertise. Thus, Technip’s operating center in Paris, (France), will execute this project with the support of the Group’s offices in Accra, (Ghana) which now employs around 30 people, including 86% of Ghanaians.

While the oil and gas market is rapidly growing in Ghana, we are proud to continue to contribute to the development of this country. Today, this new award demonstrates our ability to mobilize worldwide resources to bring strong know-how and technological innovation meeting the challenges of projects in ultra-deepwater.

technip contract share: around uSD 730 million

technip was awarded by kuwait oil Company (koC) a contract, worth over uSD 400 million, for consultancy services for project management and engineering. This deals with the construction of new oil and gas infrastructure facilities, as well as the upgrading of existing facilities, in Kuwait. Technip will provide services for the next five years with an option for an additional period of one year.

Technip will accompany more specifically KoC through different services, including project management, feasibility studies, front-end design, project controls, planning, engineering, procurement, construction management and training of KOC project staff.

The services will mainly be performed by Technip’s teams in an operating center created specifically for the occasion and housed at the offices based at KoC’s headquarters in Ahmadi, Kuwait, with the support of Technip’s organization in the Middle East, while the Group’s operating center in Milton Keynes, United Kingdom, will execute the feasibility studies and front-end engineering and design.

Contract worth over uSD 400 million

riccardo Moizo, senior Vice President of Technip PMC, stated: This award establishes Technip as one of the top-tier Project management Consultancy companies worldwide. it has been fueled notably by skills and assets gained from the acquisition of Stone & Webster process technologies.”

Strong development of the oil and gas market in ghana as well as of Technip activities and projects

technip strenghens its presence in Ghana

Technip awarded its largest contract for Project Management Consultancy services, in kuWait

froM The fIelD

93D of the Malikai TlP platform

DeCember 20, 2013

Technip and COOEC form joint venture to address the booming deepwater market in china

January 6, 2014

Technip wins two contracts for ultra-deep water fields and helps Petrobras push back subsea frontiers offshore brazil

February 11, 2014

Technip awarded contract for intervention services on asgard Subsea compression Stations offshore norway

DeCember 12, 2013

Technip and BP extend their successful Purified Terephthalic acid alliance worldwide

november 25, 2013

Technip awarded service contract for a gTl facility in the USa

February 13, 2014

ADMA-OPCO selects Technip for Project Management consultancy services for the Zakum field offshore Abu Dhabi

oCtober 21, 2013

Technip will perform turnkey contract for Qatar Petroleum’s FMB offshore project

oCtober 16, 2013

Technip awarded technology and engineering contract for Sasol’s ethane cracker in louisiana, in the USa

oCtober 14, 2013

Technip awarded substantial subsea contract for the Delta House project, in the US Gulf of Mexico

oCtober 7, 2013

Technip and MMHE confirm their support to PeTronaS for the development of block SK316, in Malaysia

oCtober 3, 2013

Technip and Zachry awarded cP chem Polyethylene project in the USA

offshore goes further in maLaySia with malikai tLp delivery contract

LateSt key inFormation

In 2013 Technip, in a joint venture with Malaysia Marine and heavy Engineering (MMhE), won a contract for engineering, procurement and construction of a Tension Leg Platform (TLP) for Shell’s TLP Malikai Deepwater Project, to be installed 110 km offshore Sabah, Malaysia. the contract marks technip’s first TLP delivery contract, and is a new step to develop the market in the Asia Pacific Region for deepwater floating production facilities. Technip leads the joint venture: engineering and procurement are carried out at its operating center in Kuala Lumpur, Malaysia; and hull and moorings engineering are performed by TM (owned 50/50 by Technip/MMhE).

The TlP will be built at MMhE’s fabrication yard in southern Malaysia. the tLp is completely designed and fabricated in asia,” says Maarten spilker, Technip MhB hull Engineering (TMh), Managing Director & CEo. that we have the whole epC package is absolutely key for efficient communication: all the interfaces are internal, and all our capabilities are in-house,” adds Maarten. About 300 Technip people are involved in the project, drawing on competences with expatriates from Technip in Finland and in houston.

300 Technip people are involved in the project

10

technip was present at the 16th edition of the actionaria exhibition in paris, in november 2013. This exhibition allows individual shareholders to meet a range of public traded companies and to obtain information directly from them. Given the market context and following the third quarter financial result, our booth was most of the time full. Close to 1,500 visitors came to meet our teams, composed of several managers.

our shareholders asked lots of questions about Technip's activities, flagship projects, our strategy and also the evolution of the share price which has decreased in the last couple of months. They were reassured by Technip staff who reminded them of Technip good fundamentals with global revenue increasing and with a record backlog. At the "Agora des Présidents" held on the afternoon of November 22, Arnaud real, Technip strategy VP and Deputy CFO gave a live interview attended by more than 250 people. This was an opportunity for him to pass on key messages including our strategy for profitable and sustainable growth.

1,500 people visited technip’s booth

13 people to welcome technip’s shareholders

We attach great importance to the quality of our service to all our stakeholders, and especially our individual shareholders. It reflects the commitment of Technip and its teams, in terms of satisfaction and operational excellence

In this context, we launched a survey with our French individual shareholders, to identify our strengths and weaknesses to improve the quality of our shareholder communication overall.

To do this, we commissioned the CSA, a French company specialized in studies to carry out with you, an online survey for ensuring neutrality and confidentiality. Therefore, all your responses will be kept strictly anonymous.

The results of this survey will be presented throughout the year in various communications made by Technip.

knoWinG our French shareholders better

arnaud réal during his interview

Pictures of the Technip booth on actionaria

once again, at your side at aCtionaria exhibition

TechnIP & YoU

11

The floors is yours

"it's always very interesting to meet a technip expert who explains in simple terms the wealth of activities led by technip in ethylene. i thought the conference was very well prepared, very comprehensive and allowed us to understand the positioning of technip in relation to the competitors. there was an excellent balance between economic and technological aspects." JF hervé, Technip shareholder and member of the Club.

Individual shareholders were invited on January 30, 2014 to attend a technological conference on ethylene. The objective of this event was to present and explain our expertise in this field and allow our shareholders to meet managers of the company with which they were able to discuss around a coffee break.

Based on its proprietary technologies, Technip is a world leader in designing steam crackers, from concept stage through construction and commissioning for both grassroots plants and plant expansions. With respectively 70 years of expertise for Stone & Webster and 40 years for Technip with a total of 150 grassroots plants, technip is the leader in the field of ethylene.

The event was organized for Technip Shareholders' Club which aims to enable its members to improve their knowledge of the Group through dedicated services and educational tools.

On June 11, 2013 a shareholders meeting was held in Marseille, France during which Technip and three other main oil & gas companies in France (Bourbon, CGG, Vallourec) presented their activities and their latest financial figures. Almost 300 people attended this meeting and all of them were glad to be able to ask their questions to the management of each company.

This meeting was the second event held in Marseille, France this year. The first one was the visit of Cybernetix (acquired by Technip in 2011) organized in October 2013.

Discover our activities and technologies for ethyLene

meeting with our individual shareholders in marSeiLLe, France

jean-Paul laugier, vice President ethylene, explaining our unique know-how in ethylene

Pascal Streit, Executive Project Director, explaining our activities

2 nd event in Marseille this year

TechnIP Share

ShareholDerS' InforMaTIon

Stella fumey, 89, avenue de la grande armée, 75116 Paris, france Tel.: +33 (0)1 47 78 66 75, e-mail: actionnaires@technip.com

Technip - group Direction communication - March 2014 - Photo credits: Technip - Director of the publication: christophe bélorgeot - chief editor: Stella fumey - Design and production: roland bark

listed on nYSe euronext ParisMarket: a compartment

Ticker: Tec, eligible for deferred settlement service and Pea

reference Index: cac 40ISIn code: fr0000131708oTc aDr ISIn : US8785462099

-30

-25

-20

-15

-10

-5

0

5

10

15

20

Technip: - 19.55%

Jan. Feb. March April May June Jul. Aug. Sept. Oct. Nov. Dec.

CAC 40: + 17.9%2013

at the closing trade date: Share Price: €69.86 Number of outstanding shares: 1113,680,256 Market Capitalization: €7,941 billion

Since january 1, 2013: Change: - 19.55% higher share Price* (€): 92.28 lowest share Price* (€): 62.80 Average daily Volume: 485,952

march 14, 2014 : financial training with ecole de la bourse. Paris at Technip's headquarter, france april 24, 2014 : Annual Shareholders Meeting and 2014 first quarter financial resultsmay 22, 2014 : visit of Technip's Innovation and Technology center, rueil-Malmaison, france June 12, 2014 : a Technip individual shareholder meeting will be held in lyon, franceJuly 3, 2014 : Technological conference, Paris (Technip's headquarter at Porte Maillot, france July 24, 2014 : 2014 2nd quarter resultsSeptember 18, 2014 : financial training with ecole de la bourse. Paris (Technip headquarter - Porte Maillot)

Technip Shareholders club members only.

* Figures at the closing trade date

Individual Shareholders6.1 %

IFP Energies nouvelles2.5%Employees1.9%Treasury Shares1.5%Others4.9%FSI5.2%UK & Ireland9.7%French Institutional Investors14%Rest of World17%

Amérique du Nord37.2%

YoUr calenDar

Stock market data as of December 31, 2013

Capital Structure as of november 30, 2013

technip Stock performancefrom January 1, 2013 to December 31, 2013 (in percentage)

ShareholDerS' log