Company: LIN
Filing Date: 2025-04-30
Form Type: DEF 14A
Source: 0000950170-25-060925
Chunk: 58

Company: LINDE PLC
Filing Date: 2025-04-30
Form: DEF 14A
Chunk 58
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 S&P 500, excluding the Financial sector, plus companies that were designated as Eurofirst 300 at January 1, 2022. This fell between the goals for target and maximum performance, and the HC Committee certified the vesting at 184% of the target number of relative TSR PSUs granted.

| PSU Measure  |     | Threshold Goal |     | Target Goal |     | Maximum Goal |     | 2022-24 Actual |     | Payout |
| ROC*         |     | 17.8%          |     | 20.0%       |     | 22.0%        |     | 24.7%          |     | 200%   |
| Relative TSR |     | 25th %ile      |     | 50th %ile   |     | 75th %ile    |     | 71st %ile      |     | 184%   |

* Adjusted after-tax return on capital (“ROC”) is a non-GAAP measure. Please see “Reconciliation to Compensation and Non-GAAP Measures” on page 79 for a reconciliation to the reported GAAP amounts that are most comparable.

Health, Welfare and Retirement Benefits Competitive benefits are provided to attract executive talent, promote employee health and well-being, provide opportunity for retirement income accumulation, encourage long-term service, and where allowed, to include opportunities to “invest” in Company stock. Generally, the Company makes available to NEOs benefits that are similar to those provided to other employees based upon the location of their employer and provides perquisites and personal benefits consistent with local market practices. U.S. Tax-Qualified Pension Plan

| · | The Company maintains a tax-qualified pension plan for eligible U.S. employees, including NEOs. |

U.S. Supplemental Retirement Income Plan

| · | The plan is maintained for the primary purpose of providing retirement benefits that would otherwise be paid to eligible employees under the U.S. tax-qualified pension plan but for certain federal tax limitations. |
| · | Incremental benefits paid are calculated in the same manner as the underlying U.S. tax-qualified pension plan.                                                                                                        |
| · | Only base salary and annual variable compensation awards are considered in pension calculations.                                                                                                                      |

Pension Commitments for Mr. Lamba

| · | Mr. Lamba has been a U.S. employee eligible for the Company’s U.S. benefits programs since |

January 1, 2022. He retains pension entitlements that accrued