Company: LIN
Filing Date: 2025-06-20
Form Type: 11-K
Source: 0001628280-25-032289
Chunk: 11

Company: LINDE PLC
Filing Date: 2025-06-20
Form: 11-K
Chunk 11
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 shares is the closing price as quoted on the exchange where the fund is traded and, therefore, classified as Level 1 within the valuation hierarchy.

Self-Directed Brokerage Account – This investment option primarily consists of publicly traded funds of registered investment companies. The participants have the ability to invest in Fidelity managed mutual funds and non-Fidelity managed mutual funds available through Fidelity. The fair value of the self-directed brokerage account is determined by reference to the fair value of the underlying securities within the self-directed brokerage account. The underlying investments held in the self-directed brokerage account are valued at the closing price as quoted on the exchange where the underlying securities are traded and are therefore classified as Level 1 within the valuation hierarchy.

Linde Stock – Linde Stock is classified as Level 1 within the valuation hierarchy as of December 31, 2024 and 2023 . Linde plc ordinary shares are valued at the quoted closing market price from the New York Stock Exchange (" NYSE"), under the ticker symbol “LIN”. From January 1, 2023 through November 6, 2023, Linde’s shares were traded on the NYSE, but effective November 7, 2023, Linde delisted its shares from the NYSE and began listing and trading its shares on the Nasdaq Stock Exchange under the same ticker symbol.

#### Note 7 - Investments at Net Asset Value
The Plan has common trust investments with BlackRock, Northern Trust, and State Street Global Advisors. Units of the funds are valued on the valuation date, which is defined as either each day that trading occurs on the NYSE or that the fund is open

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Linde Retirement Savings Plan Notes to Financial Statements December 31, 2024 and 2023

for business, depending on the common trust. Redemption frequency is on a daily basis and, as of December 31, 2024 and 2023, there were no unfunded commitments.

#### Note 8 - Stable Value Fund
The Prudential Stable Value Fund is a stable value fund that invests in group annuity contracts (a Synthetic Guaranteed Investment Contract or “GIC”) issued by the Prudential Insurance Company of America (“PICA”) and the Prudential Core Conservative Intermediate Bond Fund, a fixed income common trust. The objective of the fund is to provide a guaranteed and stable return to investors. The Synthetic GIC held by the Plan includes a “wrapper” contract that provides a guaranteed interest crediting rate,