Air Liquide

Combined Shareholders’ Meeting on May 16, 2018: Publication of the Notice of Meeting - Seite 2

Air Liquide share ownership (as at December 31, 2017)

• 32% of the capital held by individual shareholders
• 49% of the capital held by non-French institutional investors
• 19% of the capital held by French institutional investors

Agenda of the Combined Shareholders’ Meeting of May 16, 2018

Ordinary Shareholders’ Meeting

- Board of Directors’ reports
- Statutory Auditors’ reports
- Approval of the Company financial statements for the year ended December 31, 2017.
- Approval of the consolidated financial statements for the year ended December 31, 2017.
- Appropriation of the 2017 earnings; setting of the dividend.
- Authorisation granted to the Board of Directors for a period of 18 months to allow the Company to trade in its own shares.
- Renewal of the term of office of four Directors.
- Approval of the commitments referred to in Articles L.225-38 and L.225-42-1 of the French Commercial Code and the Special Report of the Statutory Auditors, concerning Mr Benoît Potier's termination indemnity and defined benefit pension commitments.
- Approval of the elements of remuneration paid or awarded to Mr Benoît Potier in respect of the fiscal year ended December 31, 2017.
- Approval of the elements of remuneration paid or awarded to Mr Pierre Dufour in respect of the fiscal year ended December 31, 2017.
- Approval of the remuneration policy applicable to the executive officers.
- Setting the amount of the directors' fees

Extraordinary Shareholders’ Meeting

- Authorisation granted to the Board of Directors for a period of 24 months to reduce the share capital by cancellation of treasury shares.
- Delegation of authority granted to the Board of Directors for a period of 26 months to increase the share capital through capitalization of additional paid-in, reserves, profits or any other amounts, for a maximum amount of 300 million euros.

Ordinary Shareholders’ Meeting

— Powers for formalities.

UPCOMING DATES

First quarter 2018 revenue:
Wednesday, April 25, 2018

Combined Shareholders’ Meeting:
Wednesday, May 16, 2018

Dividend ex date*:
Monday, May 28, 2018

Dividend payment date*:
Wednesday, May 30, 2018

* subject to the necessary approvals at the next Combined Shareholders’ Meeting

The world leader in gases, technologies and services for Industry and Health, Air Liquide is present in 80 countries with approximately 65,000 employees and serves more than 3.5 million customers and patients. Oxygen, nitrogen and hydrogen are essential small molecules for life, matter and energy. They embody Air Liquide’s scientific territory and have been at the core of the company’s activities since its creation in 1902.