Invitation to our general meeting 2025

1. Highlights and Performance of the group in 2024

ENGINEERING & CONSTRUCTION

Cryocap™ Technology selected by Stockholm Exergi

Air Liquide's innovative CO2 liquefaction technology, Cryocap™ LQ, has been selected by Stockholm Exergi, Stockholm’s energy company, in Sweden to contribute to its Bio-Energy Carbon Capture & Storage (BECCS) project. This new technology is an important additional brick in Air Liquide’s portfolio of proprietary technologies that paves the way to the development of large- scale Carbon Capture & Storage (CCS) projects.

SUSTAINABLE DEVELOPMENT

  • > While the healthcare sector worldwide accounts for 4% of global CO2 emissions and that healthcare facilities have growing interest in reducing their carbon footprint, Air Liquide Healthcare's ECO ORIGIN™ offer is experiencing strong development. Less than a year after launching its solution for healthcare players, the company has already signed in 2024 contracts with 19 hospitals and clinics in Europe (Belgium, France, Germany, Italy, Netherlands, Spain) and a first contract in Latin America (Brazil) for the supply of certified low-carbon oxygen and nitrogen.
  • > Air Liquide received the Special Jury Prize awarded by the Forum for Responsible Investment (FIR) for its 2024 Vigilance Plan. The vigilance plan is designed to identify and prevent risks of violations of human rights, health, safety of people and the environment in the context of the Group's activities worldwide. This award is the recognition of the exemplary governance and transparent dialogue that the Group has been building with its stakeholders for many years.

SUSTAINABLE FINANCING

Air Liquide has successfully issued a new 500 million euros green bond maturing in 10 years, with a global cost for Air Liquide of 3.466%. The Group uses the proceeds from the issuance to finance or refinance flagship energy transition and sustainable projects, in particular in low-carbon hydrogen, carbon capture and low-carbon air gases. Air Liquide becomes a regular ESG issuer, three years after its first green bond issue.

This operation has been realized within the frame of the Group’s Euro Medium Term Note (EMTN).