Shareholder's factsheets 2022

A free shares attribution, on the basis of 1 free share for every 10 shares held, is planned for June 2022.

GROW YOUR NUMBER OF DIVIDEND- PAYING SHARES

For all Shareholders, free share attributions enable you to expand your portfolio over time. In addition to passing on approximately 55% of profits to Shareholders by paying dividends, Air Liquide distributes a portion of its retained earnings^(b) to Shareholders in the form of free shares in proportion to the number of shares already held.

BENEFIT FROM AN ADDITIONAL 10% OF FREE SHARES

If you hold your registered shares for more than two full calendar years, the loyalty bonus gives you a +10% increase in the number of free shares you will receive^(c) (more details in the “Loyalty bonus” Factsheet).

For example, in the attribution in 2019, one free share was given for every 10 shares held: Each Shareholder who held 100 registered shares, i.e. acquired and converted into registered shares before January 1, 2017, received 11 (=10+1) new shares, i.e. one additional share thanks to the loyalty bonus.

CALCULATING FRACTIONAL RIGHTS

If the number of shares you hold is not a multiple of the attribution transaction, you will receive a cash payment for the portion of the free share that cannot be distributed. This is known as a "fractional right" and is paid directly to your bank account.

An example based on the 2019 attribution transaction multiple:

I have 307 shares in my portfolio. I there fore receive 30 free shares (one free share for 10 shares owned) and 0.7 “ordinary” fractional rights. Of these 307 shares, 205 are eligible for the loyalty bonus. I therefore receive an additional two free shares (one free share for 100 shares owned) and 0.05 “loyalty” fractional rights from the loyalty bonus. Both kinds of fractional rights are not fungible.