Press Release

TechnipFMC plc Announces Expiration of Exchange Offer for 3.45% Senior Notes due 2022

05.22.2018

LONDON & PARIS & HOUSTON--(BUSINESS WIRE)--May 22, 2018-- Regulatory News:

TechnipFMC plc (“TechnipFMC”) (NYSE:FTI) (Paris:FTI) (ISIN: GB00BDSFG982) announced today the expiration of the exchange offer for its outstanding unregistered 3.45% Senior Notes due 2022, Series A (the “Outstanding Notes”). The Outstanding Notes were issued on March 29, 2017, in a private placement exempt from the registration requirements of the U.S. Securities Act of 1933, as amended.

In the exchange offer, $459,764,000 aggregate principal amount of Outstanding Notes were validly tendered and not validly withdrawn prior to the expiration of the exchange offer at 5:00 p.m., New York City time, on May 22, 2018, which represents 100% of the aggregate principal amount of Outstanding Notes outstanding upon commencement of the exchange offer. TechnipFMC has accepted for exchange all of the Outstanding Notes validly tendered and not validly withdrawn and settlement will occur promptly. At settlement, the Outstanding Notes accepted will be exchanged for an equal principal amount of a new issue of 3.45% Senior Notes due 2022, Series B (the “Exchange Notes”). Terms of the Exchange Notes are substantially identical to those of the Outstanding Notes, except that the transfer restrictions and registration rights relating to the Outstanding Notes do not apply to the Exchange Notes.

This news release is for informational purposes only, and is not an offer to buy or the solicitation of an offer to sell any security. The exchange offer was made only pursuant to the exchange offer documents, including the prospectus and letter of transmittal that were distributed to the holders of the original notes and have been filed with the Securities and Exchange Commission.

Important Information for Investors and Securityholders

Forward-Looking Statements

This release contains “forward-looking statements” as defined in Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. Securities Exchange Act of 1934, as amended. The words “scheduled,” “estimated” and other similar expressions are intended to identify forward-looking statements, which are generally not historical in nature. Such forward-looking statements involve significant risks, uncertainties and assumptions that could cause actual results to differ materially from our historical experience and our present expectations or projections. For additional information regarding known material factors that could cause actual results to differ from projected results, please see our risk factors set forth in our filings with the U.S. Securities and Exchange Commission, which include our Registration Statement on Form S-4, Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K.

We caution you not to place undue reliance on any forward-looking statements, which speak only as of the date hereof. We undertake no obligation to publicly update or revise any of our forward-looking statements after the date they are made, whether as a result of new information, future events or otherwise, except to the extent required by law.

About TechnipFMC

TechnipFMC is a global leader in subsea, onshore/offshore, and surface projects. With our proprietary technologies and production systems, integrated expertise, and comprehensive solutions, we are transforming our clients’ project economics.

We are uniquely positioned to deliver greater efficiency across project lifecycles from concept to project delivery and beyond. Through innovative technologies and improved efficiencies, our offering unlocks new possibilities for our clients in developing their oil and gas resources.

Each of our more than 37,000 employees is driven by a steady commitment to clients and a culture of purposeful innovation, challenging industry conventions, and rethinking how the best results are achieved.

To learn more about us and how we are enhancing the performance of the world’s energy industry, go to TechnipFMC.com and follow us on Twitter @TechnipFMC.

Source: TechnipFMC plc

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