Technip S.A. and FMC Technologies Inc. announced their respective designees to the Board of Directors of the combined company, TechnipFMC, effective at the close of the proposed combination. The Board of Directors of the combined company will comprise 14 directors, seven designated by FMC Technologies and seven designated by Technip as set below. FMC Technologies will appoint the initial Independent Lead Director, in accordance with the terms of the business combination agreement. The Board of Directors will have four committees: Audit, Nominating and Governance, Compensation, and Strategy. The slate of directors nominated by Technip is: Thierry Pilenko, future Executive Chairman of TechnipFMC and designated Chair of the Strategy Committee; Arnaud Caudoux (Bpifrance designee); Pascal Colombani; Marie-Ange Debon (designated Chair of the Audit Committee); Didier Houssin; John O'Leary; and Joseph Rinaldi. The slate of directors nominated by FMC Technologies is: Douglas J. Pferdehirt, future Chief Executive Officer of TechnipFMC; Eleazar de Carvalho Filho; Claire S. Farley; Peter Mellbye (designated Chair of the Nominating and Governance Committee); Richard A. Pattarozzi (designated Independent Lead Director); Kay G. Priestly; and James M. Ringler (designated Chair of the Compensation Committee). Arnaud Caudouxis Chief Financial Officer, Executive Director and Head of guarantee activities of Bpifrance. Pascal Colombanihas been a member of the Technip board of directors since 2007. He is Chairman of the Advisory Board of A.T. Kearney, a member of the European Advisory Board of JPMorgan Chase, non-executive Chairman of the Board of Directors of Valeo, a member of the Boards of Directors of Alstom and Siaci-Saint-Honoré and Chairman of the Board of Directors of Noordzee Helikopters Vlaanderen (NHV). Eleazar de Carvalho Filho has been a member of the FMC Technologies board of directors since 2010. Mr. de Carvalho Filho also currently serves on the board of directors of publicly traded Brookfield Renewable Energy Partners L.P., Companhia Brasileira de Distribuicão-Grupo Pão de Acúcar and Cnova N.V. Marie-Ange Debonhas been a member of the Technip board of directors since 2010. Claire S. Farleyhas been a member of the FMC Technologies board of directors since 2009. Ms. Farley currently serves on the board of directors of publicly traded LyondellBasell Industries B.V. Didier Houssinhas been a member of the Technip board of directors since 2016. Peter Mellbyehas been a member of the FMC Technologies board of directors since 2013. John O'Learyhas been a member of the Technip board of directors since 2007. Richard A. Pattarozzihas been a member of the FMC Technologies board of directors since 2002. Douglas J. Pferdehirtis the President and Chief Executive Officer of FMC Technologies and has been a member of the FMC Technologies board of directors since 2016. Thierry Pilenkois the Chairman and Chief Executive Officer of Technip and has been a member of the Technip board of directors since 2007. Kay G. Priestlyhas been a member of the FMC Technologies board of directors since 2015. Ms. Priestly currently serves on the board of directors of publicly traded Stone Energy Corporation and Tidewater Inc. Joseph Rinaldihas been a member of the Technip board of directors since 2009. James M. Ringlerhas been a member of the FMC Technologies board of directors since 2001.