TechnipFMC plc Reports 2026 AGM Results; Incentive Plan Approved

What Happened

• TechnipFMC plc announced the results of its Annual General Meeting held May 1, 2026. Shareholders approved Amendment No. 1 to the TechnipFMC plc 2022 Incentive Award Plan (adopted by the Board Feb 16, 2026 and effective upon shareholder approval).
• All nine director nominees were elected for terms through the 2027 AGM: Douglas J. Pferdehirt; Robert G. Gwin; Eleazar de Carvalho Filho; Claire S. Farley; John O’Leary; Margareth Øvrum; Kay G. Priestly; John Yearwood; and Sophie Zurquiyah.
• Shareholders ratified PricewaterhouseCoopers LLP (PwC) as the Company’s U.S. independent registered public accounting firm for 2026 and reappointed PwC as the U.K. statutory auditor.

Key Details

• Amendment to 2022 Incentive Award Plan approved: 342,523,224 votes FOR (98.34%), 5,765,029 AGAINST (1.65%); 157,037 abstentions; 16,270,428 broker non‑votes.
• Director elections: each of the nine nominees was elected, with “For” votes ranging roughly from 98.48% to 99.93% (examples: Claire S. Farley 99.90% FOR; Eleazar de Carvalho Filho 98.48% FOR).
• Say‑on‑pay (advisory) approved for 2025 NEO compensation: 322,841,931 FOR (92.75%), 25,210,047 AGAINST (7.24%).
• PwC ratified as U.S. auditor and reappointed as U.K. auditor: U.S. ratification 363,673,738 FOR (99.78%); U.K. reappointment 363,720,120 FOR (99.79%).

Why It Matters

• The approved amendment to the 2022 Incentive Award Plan lets TechnipFMC continue to grant equity and incentive awards under the revised terms (the amendment text is filed as an exhibit). That affects executive and employee compensation programs and potential future stock‑based dilution.
• Re‑election of the full slate of directors maintains board continuity and oversight through 2027.
• Strong advisory votes on say‑on‑pay and reappointment/ratification of PwC signal broad shareholder support for the company’s executive compensation approach and its choice of auditors.