Invitation to our general meeting 2025

Ordinary general meeting

ORDINARY GENERAL MEETING

Resolutions 1 and 2 Approval of the financial statements for the 2024 fiscal year

Purpose

You are asked in the 1st and 2nd resolutions to approve both the Company and consolidated financial statements of Air Liquide for the fiscal year ended December 31, 2024, as presented in Chapter 4 of the 2024 Universal Registration Document.

First Resolution

(Approval of the Company financial statements for the fiscal year ended December 31, 2024)

The General Meeting, deliberating according to the quorum and majority required for Ordinary General Meetings, having noted:

  • the Reports of the Board of Directors and the Statutory Auditors;
  • the Company’s financial statements, income statement, balance sheet and notes thereto,

approves the Company financial statements for the year ended December 31, 2024 as presented, and approves the transactions reflected in these Financial Statements or mentioned in these Reports.

The General Meeting determines the amount of net earnings for the fiscal year to be 1,988,367,232 euros.

Second Resolution

(Approval of the consolidated financial statements for the fiscal year ended December 31, 2024)

The General Meeting, deliberating according to the quorum and majority required for Ordinary General Meetings, having noted:

  • the Reports of the Board of Directors and the Statutory Auditors;
  • the Group’s consolidated financial statements,

approves the consolidated financial statements for the year ended, December 31, 2024, as presented.

Resolution 3 Appropriation of earnings and setting of the dividend

Purpose

In the 3rd resolution, the Board of Directors asks you to approve the distribution of a dividend of 3.30 euros per share, representing growth of 13,7% compared to the previous year, in shareholders' remuneration (taking into account the effect of the allocation in 2024 of one free share for 10 shares held).

A loyalty dividend of 10%, i.e. 0.33 euro per share, is granted to shares which have been held in registered form since December 31, 2022 and which remain held in this form continuously until May 21, 2025, the dividend payment date. As of December 31, 2024, 28.27% of the shares making up the share capital are likely to benefit from this loyalty dividend.

With an estimated pay-out ratio of 59% of the Group’s published net profit, the dividend proposed to the Meeting is an integral part of Air Liquide’s policy to reward and grow Shareholder portfolios over the long term.

The ex-dividend date will be May 19, 2025. The dividend will be paid on May 21, 2025.