Engineered geopolymer composite (EGC) exhibits ultra-high toughness, excellent crack control capability, and superior durability, making it highly promising for applications in bridge connecting slabs, wet joints of prefabricated components, and concrete structure reinforcement. However, the bond performance and failure mechanisms at the interface between EGC and existing concrete remain unclear. To elucidate the bond performance of EGC to existing concrete, direct shear tests were conducted on 15 sets of EGC–existing concrete bond specimens. This study explored the effects of existing concrete strength, interface roughness, and EGC strength on the bond performance and mechanisms. Additionally, a direct shear bond mechanical model was established to predict the interface bond strength. The results indicate that, with comparable compressive strength, the preparation of EGC can reduce the total carbon emissions by up to 127% compared to ECC. The failure mode of EGC-existing concrete bond specimens was mainly adhesive failure (except for specimen C30-III-G95), which can be categorized into serrated interfacial failure and alternating crack paths. The change in interface roughness was the primary factor leading to the transition between failure paths. The changes in interface roughness and EGC strength significantly influenced the bond performance. Under their combined effect, the interface bond strength of specimen C50-III-G95 increased by 345% compared to C50-I-G45. In contrast, the improvement in existing concrete strength had a relatively smaller effect on the increase in interface bond strength. Based on the experimental results and the bonding mechanism under direct shear stress, a direct shear bond mechanical model correlating existing concrete strength, interface roughness, and EGC strength was established. The model predictions showed good consistency with the experimental results. This study provides theoretical support and experimental data for the engineering application of EGC.