The Board of Directors - Page 8 | Air Liquide

8 - Shareholder’s Guide

The Board of Directors, composed of 12 members, determines the

Group’s major strategic orientations and ensures their implementation.

It reports to the shareholders on its activities during the Annual General

Meeting, an important moment for shareholder democracy.

It relies on four Board Committees:

- the Audit and Accounts Committee, which reviews, in particular, the

control and risk management procedures within the Group, as well as the

process for preparing ﬁ nancial and extra-ﬁ nancial information;

- the Environment and Society Committee, which examines the Group’s

strategy and commitments in societal and environmental ﬁ elds;

- the Appointments and Governance Committee, which ensures the

proper functioning of the Group’s governance bodies;

- the Remuneration Committee, which examines the performance and

remuneration policy of Corporate O cers.

The Board

of Directors

45%

of the elected members

are women

independent Directors

out of 11 elected members

foreign

members

Director representing

employees

From left to right: Geneviève Berger, Pierre Dufour, Sin Leng Low, Thierry Peugeot, Siân Herbert-Jones, Benoît Potier, Jean-Paul Agon,

Annette Winkler, Karen Katen, Philippe Dubrulle, Brian Gilvary, Xavier Huillard.

The Board of Directors

The Executive

Committee

In 2019, Air Liquide announced that it was strengthening its Executive

Committee to step up the implementation of its transformation strategy. With a

stronger, younger, more feminine, and more international team with a broader

range of expertise, the Group is able to better support not only its customers

but also the industrial and societal changes on a global scale.

women among

its 14 members

The Executive Committee members:

Benoît Potier, Michael J. Graff, François Jackow, Fabienne Lecorvaisier, Guy Salzgeber, Jean-Marc de Royere,

François Venet, François Abrial, Susan Ellerbusch, Matthieu Giard, Armelle Levieux, Emilie Mouren-Renouard, Diana Schillag, Pascal Vinet.

The Executive Committee Shareholder’s Guide - 9