Les modes de détention des actions

There are three ways to hold Air Liquide shares: with direct registered shares from Air Liquide, which means you are a direct registered Shareholder; or with a financial institution, which means you are a bearer or intermediary registered Shareholder. 

Depending on how your shares are held, you benefit from specific services. If you are a direct registered Shareholder with Air Liquide: 

• You pay no management or handling fees. 
• Your brokerage rate is 0.10% excluding tax, regardless of how many shares you hold; from the first share.
• Your Shareholder Portal helps you manage your stock portfolio directly and online; and place your stock orders. 
• You get an automatic loyalty bonus after holding your shares for two full calendar years.
• You receive an individual invitation to the Annual General Meeting and you can exercise your right to vote.
• Our Air Liquide’s Shareholder Relations Advisors are at your disposal to answer any questions.

If your securities account or share savings plan is managed by a financial institution: the bank applies variable fees; handling fees, broker fees, management fees. 

If you wish to receive the loyalty bonus, you must ask your bank to convert your shares into intermediary registered shares before December 31 and retain them for two full calendar years. 

In all cases, you will receive free shares in the event that they are awarded. 

For more information, visit the Investors section of airliquide.com.

Holding my Air Liquide registered shares allows me to maintain a special and close relationship with the company. 

If I hold my shares in a financial institution, they are registered as bearer shares by default. 

I can request that the financial institution convert them to intermediary registered shares.  

By filling in the share conversion form available at airliquide.com or from your Air Liquide Shareholder Relations Advisors and sending it to my financial institution. 

Following the conversion, my shares are registered in my name in the Air Liquide share register and eligible for the loyalty bonus. 

If I hold my shares in a financial institution, in a bearer or intermediary registered form, I can request that they be transferred to Air Liquide in direct registered form. 

By filling in the share transfer form available at airliquide.com or from your Air Liquide Shareholder Relations Advisors and sending it to my financial institution. 

Following the transfer, my direct registered shares are automatically eligible for the loyalty bonus. 

To find out more, visit the Investors section of www.airliquide.com.

I can enjoy a dual advantage on my Share Savings Plan for my Air Liquide shares.

First, I benefit from a tax shield. By keeping my Share Savings Plan for five years, I am exempt from tax on all profits made. 

This means I won't have to pay the 12.8% tax on either capital gains or dividends. 

Furthermore, I can benefit from Air Liquide's Loyalty Bonus. To do this, I ask my bank to convert my Air Liquide shares into intermediary registered shares and hold them for two full calendar years. I will then benefit from a 10% increase on dividends received and also 10% on Free Shares distributed. 

I therefore benefit from both the tax shield and the Loyalty Bonus for my Air Liquide shares in my Share Savings Plan.

 For more information, visit the Investors section of airliquide.com.