Combined General Meeting on May 3, 2023: publication of the notice of Meeting

The Combined General Meeting of Air Liquide will be held in Paris on Wednesday, May 3, 2023 at 3 p.m., on first notice, in the Palais des Congrès, 2, place de la Porte Maillot, 75017 Paris, France.

The draft resolutions, approved by Air Liquide’s Board of Directors on February 15, 2023 and to be submitted to the Shareholders’ General Meeting, as well as all the information concerning the Meeting are available on the Group’s website, 2023 General Meeting section.

The notice of Meeting published on March 20, 2023 in the French legal gazette BALO (Bulletin des Annonces Légales Obligatoires) and JAL (Journal d’Annonces Légales) is also available on the Group’s website, in the 2023 General Meeting section. The invitation to the Meeting documents will be sent to all Shareholders of the Company, by mail or electronically for those having opted for the electronic invitation. These documents include the voting form, the agenda of the Meeting, the resolutions which will be submitted to the vote of Shareholders with a presentation of the objectives of each resolution and practical information for attending, voting and exercising Shareholders’ rights.

The General Meeting will provide the opportunity to present the Group’s strategy and its development prospects as well as to participate in the corporate life. The course of the Meeting will be as follows:

• Financial and extra-financial performance - 2022 Results
• Strategic Overview
• Strategy, environmental and societal advances, 2023 outlook
• Composition and work of the Board of Directors and Committees, remuneration of corporate officers
• Statutory Auditors’ Reports
• Exchanges with the audience
• Vote on resolutions

Benoît Potier, Chairman of the Board of Directors and François Jackow, Chief Executive Officer, will be there to tell you more about the future of your Group.

All Shareholders are invited to vote either by attending the General Meeting in person or by proxy, or by voting by correspondence, or on line. That process might be carried out:

• by sending the voting form back, so that it reaches the Company by no later than midnight, Paris time, on Saturday, April 29, 2023;
• by voting by Internet, prior to the General Meeting. The voting website will be open from Tuesday, April 4, 2023 to Tuesday, May 2, 2023 at 3 p.m., Paris time. Detailed instructions on how to connect to this website are provided in the invitation to the Meeting documents sent to Shareholders.

Air Liquide values the participation of each Shareholder.

The preparatory documents of this Meeting will also be kept at disposal of the Shareholders at Shareholder Services Department, 75, quai d’Orsay, 75007 Paris, France, and published on the Group’s website, 2023 General Meeting section, according to legal and regulatory applicable requirements.

The General Meeting will be webcast live, in French with simultaneous English translation, and a recorded version will be available on the Group’s website. It will also be available online for people with hearing impairment.

Agenda of the Combined General Meeting of May 3, 2023

Ordinary General Meeting

• Approval of the Company financial statements for the fiscal year ended December 31, 2022
• Approval of the consolidated financial statements for the fiscal year ended December 31, 2022
• Appropriation of 2022 earnings; setting of the dividend
• Authorization granted to the Board of Directors for a period of 18 months to allow the Company to trade in its own shares
• Appointment of Ms Catherine Guillouard as Company Director
• Appointment of Ms Christina Law as Company Director
• Appointment of Mr Alexis Perakis-Valat as Company Director
• Appointment of Mr Michael H. Thaman as Company Director
• Ratification of the temporary appointment of Ms Monica de Virgiliis as Company Director
• Statutory Auditors’ Special Report on agreements covered by the articles L. 225-38 et seq. of the French Commercial Code
• Approval of the components of the remuneration paid during or awarded in respect of the fiscal year ended December 31, 2022 to Mr Benoît Potier, Chairman and Chief Executive Officer, for the period from January 1, 2022 to May 31, 2022
• Approval of the components of the remuneration paid during or awarded in respect of the fiscal year ended December 31, 2022 to Mr François Jackow, Chief Executive Officer, for the period from June 1, 2022 to December 31, 2022
• Approval of the components of the remuneration paid during or awarded in respect of the fiscal year ended December 31, 2022 to Mr Benoît Potier, Chairman of the Board of Directors, for the period from June 1, 2022 to December 31, 2022
• Approval of information relating to the remuneration of corporate officers stated in article L. 22-10-9-I of the French Commercial Code
• Approval of the remuneration policy for the Chief Executive Officer
• Approval of the remuneration policy for the Chairman of the Board of Directors
• Approval of the remuneration policy applicable to Directors

Extraordinary General Meeting

• Authorization 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 via the issuance of ordinary shares or marketable securities giving access, immediately and/or in the future, to the Company’s share capital with retention of preferential subscription rights for Shareholders for a maximum nominal amount of 470 million euros
• Authorization granted to the Board of Directors for a period of 26 months to increase, in the event of oversubscription, the issuance amount of shares or marketable securities
• Delegation of authority granted to the Board of Directors for a period of 26 months to perform share capital increases, with cancellation of preferential subscription rights, reserved for members of a company or group savings plan
• Delegation of authority granted to the Board of Directors for a period of 18 months to perform share capital increases, with cancellation of preferential subscription rights, reserved for a category of beneficiaries

Ordinary General Meeting

• Powers for formalities