The Shareholders’Charter 

Air Liquide’s responsibility towards its shareholders, formalized in the Shareholders’ Charter, is based on four commitments.

A company that has consideration and respect for all its shareholders

equality of all shareholders: 1 share = 1 vote (no double-voting rights)
respect of preferential subscription rights
restriction of resolutions proposed at Shareholders’ Meetings to genuine corporate requirements
clear and effective communication between the Board of Directors and Management

A company that remunerates and increases investment value over the long term for its shareholders

steady long-term growth in earnings
strong dividend-payout policy: dividend and bonus shares
higher dividend payouts for loyal registered shareholders

A company that listens to and informs shareholders

Shareholders’ Communication Committee, frequent meetings with shareholders
regular publication of information about the Company
transparency and clarity of financial information published
consistent and uniform accounting methods
information sent to all shareholders before meetings

A company that provides services to its shareholders

twenty-member Shareholder Services team dedicated to individual shareholder relations
personalized and low-cost management of directly registered share accounts