Air Liquide share ownership represents a balanced mix between individual shareholders and institutional investors from France and other countries.

(a) Of which 0.3% in treasury shares.
b) At the end of 2012, the share of capital held by employees and former employees of the Group is estimated at 2.1%, of which 1.5% (in the meaning of article L225-102 of the French Commercial Code) corresponds to shares subscribed by employees during employee reserved capital increase operations or held through mutual funds.