2021 SHAREHOLDER’S GUIDE

Governance

Board of Directors

As of December 31, 2020

The Board of Directors is composed of 13 members, including 11 appointed at the Annual General Meeting and two members representing Air Liquide employees. The Board of Directors brings together a diverse range of profiles: five nationalities are represented from three continents where the Group operates (Europe, America and Asia) and 55% of elected members are women. The Board of Directors offers a wealth of skills (finance, management, digital, science, international development, etc.) in a variety of sectors (chemicals, consumer products, healthcare, research, energy, services, automotive, etc.).

The Board of Directors determines the major strategic orientations of Air Liquide’s activities and ensures their implementation, in line with its corporate interest, by taking into account the social and environmental stakes of its actions. Accordingly, it examines and approves the Group’s major strategic issues.

In 2020, it focused in particular on monitoring the impact of the Covid-19 pandemic on the Group’s business, and notably the measures put in place to protect the health of employees, performance analysis and strategy with regard to environmental and societal challenges, the hydrogen and energy transition, shareholder policy and governance issues.