Company: LIN
Filing Date: 2025-04-30
Form Type: DEF 14A
Source: 0000950170-25-060925
Chunk: 7

Company: LINDE PLC
Filing Date: 2025-04-30
Form: DEF 14A
Chunk 7
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 results over three years. • Annual grants of stock options, the value of which is directly linked to the growth in the Company’s stock price. • Annual grants of restricted stock units (RSUs) with three-year cliff vesting and value based on the Company’s stock price. NON-FINANCIAL BUSINESS OBJECTIVES: Maintain world-class standards in safety, environmental responsibility, global compliance, strategic positioning, productivity, talent management, and financial controls. Achieve reduction in absolute GHG emissions. • Annual payout of variable compensation is impacted by performance in these strategic and non-financial objectives. Attract and retain executives who thrive in a sustainable performance-driven culture. • A competitive compensation and benefits program regularly benchmarked against peer companies of similar size in market capitalization, revenue, and other financial metrics and business attributes. • Realized compensation that varies with Company performance, with downside risk and upside opportunity.

Best Practices Supporting Executive Compensation Objectives

| WHAT WE DO: ✓  Link a substantial portion of total compensation to Company performance: ✓  Annual variable compensation awards based principally upon performance against objective, pre-established financial goals ✓  Equity grants consisting largely of PSUs and stock options, focused on longer term shareholder value creation ✓  Set compensation within competitive market ranges ✓  Require substantial stock ownership and retention requirements for officers ✓  Limit perquisites and personal benefits ✓  Have a clawback (“recapture”) policy that applies to performance-based cash awards and equity grants, including gains realized through exercise or sale of equity securities | WHAT WE DO NOT DO: X  Guarantee bonuses for executive officers X  Allow pledging or hedging of Company stock held by officers X  Pay tax “gross-ups” on perquisites and personal benefits unless related to international assignment benefits that are available to employees generally X  Include the same metrics in the short and long-term incentive programs X  Allow backdating or repricing of stock option awards X  Pay or accrue dividends or dividend equivalents on unvested PSU and RSU awards X  Include an excise tax “gross-up” provision in the event of a change-in-control X  Accelerate equity award vesting upon change-in-control |

| Linde plc | 9 |

Corporate Governance and Board Matters

Linde’s Corporate Governance Framework

CorporateGovernance and

Board Matters

Linde’s Corporate Governance Framework

Linde operates under Corporate Governance Guidelines which are posted at Linde’s public website,www.linde.comin the About Us/Corporate Governance section. Consistent with those guidelines, the charters of the various Board