The Share Repurchase Program will be implemented in accordance with the authorization granted by TechnipFMC's shareholder on January 11, 2017, which remains valid until
January 11, 2022. Under the Share Repurchase Program, TechnipFMC is authorized to repurchase up to $300M of its ordinary shares, which as of December 11, 2018, represents a maximum of 14,570,179 shares based on the NYSE closing share price on such date.