Company: LIN
Filing Date: 2025-04-30
Form Type: DEF 14A
Source: 0000950170-25-060925
Chunk: 56

Company: LINDE PLC
Filing Date: 2025-04-30
Form: DEF 14A
Chunk 56
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de plc |

Executive Compensation Matters

Compensation Discussion and Analysis

the Summary Compensation Table on page 58 may differ from the LTI grant amounts approved by the HC Committee in any given year. The table below shows the LTI grant amounts that were approved for each NEO by the HC Committee in 2023 and 2024.

| NEO     |     | 2023 LTI Grant |   |            |     | 2024 LTI Grant |   |            |
|:--------|:----|:---------------|:--|-----------:|:----|:---------------|:--|-----------:|
| Lamba   |     |                | $ | 11,000,000 |     |                | $ | 12,450,000 |
| White   |     |                | $ |  4,500,000 |     |                | $ |  5,100,000 |
| Bichara |     |                | $ |  2,630,000 |     |                | $ |  3,050,000 |
| Durbin  |     |                | $ |  2,500,000 |     |                | $ |  2,880,000 |
| Strauss |     |                | $ |  2,020,000 |     |                | $ |  2,400,000 |

ROC-measured PSUs The ROC goal for the PSU awards covering fiscal years 2024 through 2026 was determined after the HC Committee examined prior-year ROC results, industry ROC averages, capital expenditure projections and the Company’s weighted average cost of capital. The payout schedule was set with the intent of encouraging and rewarding the executive team for taking actions that result in industry-leading ROC performance. The March 2024 awards are measured against the following ROC goals:

| 2024-2026       |     | Average    
 Annual ROC |         |      |   |     | Payout* |     |     |   |
| Below Threshold |     |            | <25.0 % |      |   |     |         |     |   0 | % |
| Threshold       |     |            |         | 25.0 | % |     |         |     |  50 | % |
| Target          |     |            |         | 26.0 | % |     |         |     | 100 | % |
| Maximum         |     |            | ≥27.0%  |