2024 Shareholder’s Practical Guide

Factsheet 6

Buying and selling Air Liquide shares

There are different stock market orders for buying and selling shares

Where can I buy or sell Air Liquide shares?

With a financial institution: if you have a securities account or a Share Saving Plan (PEA in French)
Directly with Air Liquide: if you hold your securities account directly with Air Liquide.

How can I buy or sell my shares?

There are several ways to buy or sell shares: we describe opposite the three most frequent methods. For your information, buying or selling shares corresponds to placing a stock market order.

Comparison between the three most frequent stock market orders

Market Price	Limit Price	Best Price
Market Price Brokerage rate for shares held directly with Air Liquide (direct registered shares): 0.1% excl. tax or 0.18% excl. tax^(a) with no minimum purchase or sale
Market Price Indication of a limit price
Market Price No	Limit Price Yes	Best Price No
Market Price ...has priority over other order types.	Limit Price The order… ...is executed only if the share price reaches the limit price: – when buying, share price equal to or below the limit; – when selling, share price equal to or above the limit. It is therefore possible that it will not be executed or not be fully executed.	Best Price …is executed at the best available price when it arrives on the market, whether buying or selling.
Market Price ...is total and immediate when the order arrives on the market.	Limit Price The execution of the order ...can be incomplete if the quantity of negotiable securities on the market is not available at the set limit price.	Best Price ...can be incomplete if the quantity of marketable securities is not available at this best price.
Market Price Immediate	Limit Price Period of validity^(b) Up to 2 months	Best Price Up to 2 months

(a) See the general conditions of the Air Liquide securities account agreements.

(b) For your information only: proposed periods of validity for shares held directly with Air Liquide.

Deadlines

If you hold your shares directly with Air Liquide, your purchase orders must be executed no later than December 31, 2024 at 2:00 p.m. (Paris time) to be recorded in 2024 and benefit from the loyalty bonus starting in 2027.

Good to know...

If your limit price or best price order is partially executed, additional charges may be added since there will be a series of partially executed orders.
For a best price order, in case of an incomplete execution, the rest of the order will no longer be executed at the best price but at the limit of the first partial execution which becomes the limit price.