Company: LIN
Filing Date: 2025-06-20
Form Type: 11-K
Source: 0001628280-25-032289
Chunk: 10

Company: LINDE PLC
Filing Date: 2025-06-20
Form: 11-K
Chunk 10
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       |  62,274,243 |     |         | — |     |         | — |     | $     |    62,274,243 |
| Self-Directed Brokerage Account                      |     |         |  64,300,743 |     |         | — |     |         | — |     |       |    64,300,743 |
| Linde Stock                                          |     |         | 682,103,540 |     |         | — |     |         | — |     |       |   682,103,540 |
| Total Investments, at Fair Value                     |     | $       | 808,678,526 |     |         | — |     |         | — |     |       |   808,678,526 |
| Common Trusts*                                       |     |         |             |     |         |   |     |         |   |     |       | 1,719,540,978 |
| Total Fair Value Investments                         |     |         |             |     |         |   |     |         |   |     | $     | 2,528,219,504 |

* Common trusts are measured using the Net Asset Value ( “ NAV ” ) as a practical expedient for fair value as permissible under ASC Topic 820 and have not been categorized in the fair value hierarchy. Common trust NAVs are provided by the trustee and are determined by reference to the fair value of the underlying securities of the trust, less its liabilities, which are valued primarily through the use of directly or indirectly observable inputs. Depending on the common trust, underlying securities may include marketable equity securities with small, moderate, or large market capitalizations; international marketable equity securities and other investments; domestic fixed income securities; money market funds; or investment contracts issued by insurance companies and other financial institutions.

There are no plan liabilities required to be recorded at fair value at December 31, 2024 and 2023.

The following is a description of the valuation methodologies for the Plan assets measured at fair value. There have been no changes to the methodologies used at December 31, 2024 and 2023.

Mutual Funds – This class primarily consists of publicly traded funds of registered investment companies. The mutual funds invest primarily in fixed income securities within the domestic market. The fair value of mutual fund investments is determined by reference to the fair value of the underlying securities of the mutual funds. The net asset value of the mutual fund’s