Company: LIN
Filing Date: 2025-04-30
Form Type: DEF 14A
Source: 0000950170-25-060925
Chunk: 5

Company: LINDE PLC
Filing Date: 2025-04-30
Form: DEF 14A
Chunk 5
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ed operating margin and earnings per share amounts are reconciled to reported amounts in the “Non-GAAP Financial Measures” Section in Item 7 of the Linde plc 2024 Form 10-K. For definition of after-tax return on capital and reconciliation to GAAP please see the “Non-GAAP Measures and Reconciliations” set forth in the financial tables that are included as an appendix to the 4 th quarter and full year 2024 earnings press release that was furnished in the Linde plc Form 8-K filed on February 6, 2025.

| Linde plc | 5 |

Proxy Statement Highlights

2024 Business Performance Highlights

Returned $7.1 billion to shareholders

| · | Dividend increased by 9%                                           |
| · | Share repurchases, net of issuances, in the amount of $4.5 billion |

The graph below compares the most recent five-year cumulative returns of Linde’s ordinary shares with those of the Standard & Poor’s 500 Index (“SPX”) and the S5 Materials Index (“S5MATR”) which covers 28 companies, including Linde. The figures assume an initial investment of $100 on December 31, 2019 and that all dividends have been reinvested.

|        |     | 2019 |   |     |     | 2020 |   |     |     | 2021 |   |     |     | 2022 |   |     |     | 2023 |   |     |     | 2024 |     |
|:-------|:----|:-----|:--|----:|:----|:-----|:--|----:|:----|:-----|:--|----:|:----|:-----|:--|----:|:----|:-----|:--|----:|:----|:-----|----:|
| LIN    |     |      | $ | 100 |     |      | $ | 126 |     |      | $ | 168 |     |      | $ | 161 |     |      | $ | 205 |     | $    | 211 |
| SPX    |     |      | $ | 100 |     |      | $ | 118 |     |      | $ | 152 |     |      | $ | 125 |     |      | $ | 158 |     | $    | 197 |
| S5MAT