By Euler's theorem, $a^{\varphi(100)} \equiv\ 1 \pmod {100}$.
We know that the last two digits of $9^{40}$ are non-zero. So they can't even be $01$.
Since $1\equiv\ 1 \pmod {100}$, how come $9^{40}\equiv\ 1 \pmod {100}$?
I have looked at: Find the last two digits of $9^{{9}^{9}}$,