Company: LIN
Filing Date: 2025-04-30
Form Type: DEF 14A
Source: 0000950170-25-060925
Chunk: 61

Company: LINDE PLC
Filing Date: 2025-04-30
Form: DEF 14A
Chunk 61
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 paid for the calendar year and include adjustments to base salary rates, if applicable. (2) These amounts were not paid in the respective year but rather are the full grant date fair value of equity awards made for each year as determined under accounting standards related to share-based compensation. The Stock Awards amounts are the values for the PSU grants made in each year valued at the target number of shares granted and the values of RSU grants made to each NEO in each year. The Option Awards amounts are the values for options granted in each year. The assumptions used in computing the Option Awards and Stock Awards amounts are included in Note 15 to the Company’s 2024 financial statements in the 2024 Form 10-K and Annual Report. The amounts shown in the Stock Awards and Option Awards columns are subject to vesting conditions that may or may not result in actual payouts in future years. In addition, a stock option has value only if the Company’s stock price increases above the option exercise price (an “in-the-money” option). If a NEO exercises an in-the-money option, the NEO would then realize an actual gain. Any gain realized for options exercised in 2024 and the value realized in connection with PSUs and RSUs that vested in 2024, are reported in the “2024 Option Exercises and Stock Vested” table. (3) Each NEO was paid a performance-based variable compensation payment in 2025 based upon the Company’s 2024 performance, in 2024 based upon the Company’s 2023 performance, and in 2023 based upon the Company’s 2022 performance. These amounts are reported as “Non-equity Incentive Plan Compensation.” See the detailed description of the 2024 awards and the Company’s Variable Compensation Plan in the CD&A under the section “Annual Performance-Based Variable Compensation.” (4) Amounts in this column are the annual increase in actuarial present value of retirement benefits payable under the Company’s Pension Program. The amounts reported for Mr. Lamba include retirement benefits payable under his pension agreement that was in effect prior to him becoming a U.S. employee. These amounts were not actually paid to any NEO. The total pension present value accrued for each NEO through 2024 is disclosed in the 2024 Pension Benefits table. See the detailed description of the pension benefits under “Additional Information Regarding 2024 Pension Benefits Table” below for further information. No amounts accumulated under the Company’s Compensation Deferral Program earn above market or “preferential” interest or