Company: LIN
Filing Date: 2025-04-30
Form Type: DEF 14A
Source: 0000950170-25-060925
Chunk: 82

Company: LINDE PLC
Filing Date: 2025-04-30
Form: DEF 14A
Chunk 82
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. * For 2022, total amounts of Compensation Actually Paid to both Mr. Angel and Mr. Lamba are included as both served as CEO for a portion of the year.

| 76 | Linde plc |

Executive Compensation Matters

Pay versus Performance

Relationship of Compensation Actually Paid and Linde Net Income, by Year The graph below compares the Compensation Actually Paid to the CEO and other NEOs, respectively, to Linde’s Net Income in each year of the disclosure period. The reported Net Income amounts are GAAP amounts from Linde’s Consolidated Statements of Income. The compensation actually paid to the CEO and other NEOs is aligned with the Company’s Net Income over the period presented because the Company’s Net Income comprises 55% of the financial performance goal under the Company’s annual variable compensation program. * For 2022, total amounts of Compensation Actually paid to both Mr. Angel and Mr. Lamba are included as both served as CEO for a portion of the year.

| Linde plc | 77 |

Executive Compensation Matters

Pay versus Performance

Relationship of Compensation Actually Paid and Linde After-Tax Return on Capital, by Year The graph below compares the Compensation Actually Paid to the CEO and other NEOs, respectively, to Linde’s adjusted after-tax Return on Capital in each year of the disclosure period. Adjusted after-tax return on capital is a non-GAAP measure. Please see “Reconciliation to Compensation and Non-GAAP Measures” on page 79 for a reconciliation to the reported GAAP amounts that are most comparable. While the Company uses numerous financial and non-financial performance measures for the purpose of evaluating performance under the Company’s compensation programs, the Company has determined that adjusted after-tax return on capital is the financial performance measure that, in the Company’s assessment, represents the most important performance measure (that is not otherwise required to be disclosed in the table) used by the Company to link compensation actually paid to the NEOs, for the most recently completed fiscal year, to Company performance. The Company utilizes adjusted after-tax return on capital when setting goals for the ROC-measured PSUs that are awarded to the NEOs. * For 2022, total amounts of Compensation Actually Paid to both Mr. Angel and Mr. Lamba are included as both served as CEO for a portion of the year.

| 78 | Linde plc |

#### Executive Compensation MattersCEO Pay Ratio
CEO Pay Ratio The Company calculated the ratio of the annual total compensation of its CEO to that of its median employee as required by