Company: LIN
Filing Date: 2025-04-30
Form Type: DEF 14A
Source: 0000950170-25-060925
Chunk: 52

Company: LINDE PLC
Filing Date: 2025-04-30
Form: DEF 14A
Chunk 52
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 reported GAAP amounts. STRATEGIC NON-FINANCIAL BUSINESS RESULTS

The chart below shows, for the GHG emissions reduction measure, the 2024 Corporate targets set by the HC Committee and the actual performance achieved. The payout factor for this component was 133.4% of target.

| Measure   |     | Threshold 
 Goal      |     |      |     | Target 
 Goal   |     |      |     | Maximum 
 Goal    |     |      |     | Actual |     |       |     | Achievement |     |       |   |     | Payout |     |     |   |
| GHG       
 Emissions 
 (MM MT)   |     |           |     | 42.5 |     |        |     | 38.3 |     |         |     | 35.2 |     |        |     | 37.23 |     |             |     | 133.4 | % |     |        |     | 6.7 | % |

Coupled with its assessment of performance related to financial and GHG emissions goals, the HC Committee reviewed the strategic actions taken by management that focused on long term sustainable success to assess performance under the remaining strategic non-financial components. After the end of the year, management presented to the HC Committee the degree of achievement in meeting each goal, and for each element, provided its view of the relative degree of importance to long term success. Based on the results, the HC Committee determined that the Company’s performance with respect to these strategic and non-financial goals was favorable and set the Corporate payout factors for both (i) Core Values and (ii) Relative Performance and Strategic Positioning to 160% of target variable compensation (relative to a 200% maximum). The HC Committee noted the following as examples of actions that support the Company’s strategic objectives in determining 2024 variable compensation payouts:

| · | Maintained best-in-class safety performance with 6% reduction in total recordable cases from prior year and lost workday case rate of more than 11x less than U.S. OSHA industrial average. Process safety events reduced by 26%.                                                           |
| · | Environmental Sustainability efforts made good progress with reduction in greenhouse gas intensity; achieved continuous year-over-year decrease through the end of 2024, on track to reach a 35% reduction by 2028, and progressing well on science-based 2035 absolute GHG reduction goal. |
| · | Increased opportunity pipeline to about $