Combined General Meeting of Air Liquide Shareholders of April 30, 2024

Regulatory News:

On Tuesday, April 30^th, the 2024 Annual General Meeting of Air Liquide (Paris:AI) Shareholders, chaired by Benoît Potier, Chairman of the Board of Directors, in the presence of François Jackow, Chief Executive Officer, the members of the Board of Directors, and Jérôme Pelletan, Chief Financial Officer, gathered 3,225 attendees to the Palais des Congrès in Paris, France. The Shareholders, who represented 57.91% of voting rights, i.e. 86,061 Shareholders present or represented, approved all the resolutions presented.

Benoît Potier, Chairman of the Board of Directors, opened alongside the Directors Air Liquide’s Annual General Meeting, which had for theme this year ‘Performing for what matters’. Jérôme Pelletan, Chief Financial Officer, detailed the Group’s very strong financial and extra-financial performances. In particular, he emphasized the record level of investment decisions, the reduction in CO₂ emissions in absolute terms in 2023 for the first time, and the decision to double the ambition for operating margin growth for 2025 under the ADVANCE strategic plan.

Benoît Potier then presented the Group’s strategic framework in 2023, reviewing the global context and its implications for the Group. He underlined Air Liquide’s exceptional ability to develop solutions for the future for and with its customers. François Jackow, Chief Executive Officer, reviewed Air Liquide’s highlights of 2023 and outlook for 2024. He notably emphasized that the Group’s long-term growth ambitions go hand-in-hand with clear, measurable, and ambitious ESG strategy and targets.

Benoît Potier took the floor again to present the elements related to Governance and the work carried out in 2023. Xavier Huillard, Lead Director, then presented as Chairman of the Remuneration Committee the remuneration of the Group’s corporate officers. The Statutory Auditors continued with a summary of their reports.

This was followed by more than one hour of discussion with the audience, and the session concluded with votes on the 23 resolutions.

The proposed dividend, with an ex-date of May 20, 2024, and a payment scheduled for May 22, 2024, was approved: it will be of 3.20 euros per share and 3.52 euros per share for shares eligible for the loyalty bonus. A free share attribution, equal to one free share for every 10 held (with a 10% increase in the number of bonus shares distributed in respect of shares eligible for the loyalty bonus), will take place on June 12, 2024.