# EDGAR Filing Document

**Accession Number:** 0001813830
**File Stem:** 0001193125-23-056585
**Filing Date:** 2023-3
**Character Count:** 76322
**Document Hash:** c4438325a71905b5e60f95fce9e409ae
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-23-056585.hdr.sgml**: 20230301

**ACCESSION NUMBER**: 0001193125-23-056585

**CONFORMED SUBMISSION TYPE**: POSASR

**PUBLIC DOCUMENT COUNT**: 4

**FILED AS OF DATE**: 20230301

**DATE AS OF CHANGE**: 20230301

**EFFECTIVENESS DATE**: 20230301

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** LINDE PLC
- **CENTRAL INDEX KEY:** 0001707925
- **STANDARD INDUSTRIAL CLASSIFICATION:** INDUSTRIAL INORGANIC CHEMICALS [2810]
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** L2
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** POSASR
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-238875
- **FILM NUMBER:** 23695202

**BUSINESS ADDRESS:**
- **STREET 1:** FORGE, 43 CHURCH STREET WEST
- **CITY:** WOKING SURREY
- **STATE:** X0
- **ZIP:** GU216HT
- **BUSINESS PHONE:** 00441483242200

**MAIL ADDRESS:**
- **STREET 1:** FORGE, 43 CHURCH STREET WEST
- **CITY:** WOKING SURREY
- **STATE:** X0
- **ZIP:** GU216HT

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ZAMALIGHT PLC
- **DATE OF NAME CHANGE:** 20170622

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PRAXAIR
- **DATE OF NAME CHANGE:** 20170614

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ZAMALIGHT PLC
- **DATE OF NAME CHANGE:** 20170530
**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Linde Finance B.V.
- **CENTRAL INDEX KEY:** 0001813830
- **IRS NUMBER:** 808066286
- **STATE OF INCORPORATION:** P7
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** POSASR
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-238875-01
- **FILM NUMBER:** 23695204

**BUSINESS ADDRESS:**
- **STREET 1:** BUITENVELDERTSELAAN 106
- **CITY:** AMSTERDAM
- **STATE:** P7
- **ZIP:** 1081 AB
- **BUSINESS PHONE:** 31203013803

**MAIL ADDRESS:**
- **STREET 1:** BUITENVELDERTSELAAN 106
- **CITY:** AMSTERDAM
- **STATE:** P7
- **ZIP:** 1081 AB
**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** LINDE INC
- **CENTRAL INDEX KEY:** 0000884905
- **STANDARD INDUSTRIAL CLASSIFICATION:** INDUSTRIAL INORGANIC CHEMICALS [2810]
- **IRS NUMBER:** 061249050
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** POSASR
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-238875-02
- **FILM NUMBER:** 23695203

**BUSINESS ADDRESS:**
- **STREET 1:** 10 RIVERVIEW DRIVE
- **CITY:** DANBURY
- **STATE:** CT
- **ZIP:** 06810
- **BUSINESS PHONE:** 2038372000

**MAIL ADDRESS:**
- **STREET 1:** 10 RIVERVIEW DRIVE
- **CITY:** DANBURY
- **STATE:** CT
- **ZIP:** 06810

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PRAXAIR INC
- **DATE OF NAME CHANGE:** 19930328

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** UNION CARBIDE INDUSTRIAL GASES INC
- **DATE OF NAME CHANGE:** 19600201
**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Linde GmbH
- **CENTRAL INDEX KEY:** 0001553427
- **IRS NUMBER:** 980592958
- **STATE OF INCORPORATION:** 2M
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** POSASR
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-238875-03
- **FILM NUMBER:** 23695205

**BUSINESS ADDRESS:**
- **STREET 1:** DR.-CARL-VON-LINDE-STRASSE 6-14
- **CITY:** PULLACH
- **STATE:** 2M
- **ZIP:** 82049
- **BUSINESS PHONE:** 49 89 35757-01

**MAIL ADDRESS:**
- **STREET 1:** DR.-CARL-VON-LINDE-STRASSE 6-14
- **CITY:** PULLACH
- **STATE:** 2M
- **ZIP:** 82049

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Linde AG
- **DATE OF NAME CHANGE:** 20120629

**As filed with the Securities and Exchange Commission on March 1, 2023** 

**Registration No. 333-238875** 

------

**UNITED STATES** 

**SECURITIES AND EXCHANGE COMMISSION** 

**Washington, D.C. 20549** 

------

**POST-EFFECTIVE AMENDMENT NO. 1 TO** 

**Form S-3** 

***REGISTRATION STATEMENT***

***UNDER THE SECURITIES ACT OF 1933***

------

## Linde plc
**(Exact name of registrant as specified in its charter)** 

------

---

| | |
|:---|:---|
| **Ireland** | **98-1448883** |
| **(State or other jurisdiction of**<br> **incorporation or organization)** | **(I.R.S. Employer**<br> **Identification No.)** |

---

---

| | |
|:---|:---|
| **10 Riverview Drive**<br> **Danbury, Connecticut**<br> **United States 06810** | **Forge**<br> **43 Church Street West**<br> **Woking, Surrey GU21 6HT**<br> **United Kingdom** |

---

**(Address, including zip code, of registrant's principal executive offices)** 

**+44 1483 242200** 

**(Registrant's telephone number, including area code)** 

---

| | | |
|:---|:---|:---|
| **Linde Inc.** | **Linde Finance B.V.** | **Linde GmbH** |
| **(Exact name of registrant as specified in its charter)** | **(Exact name of registrant as specified in its charter)** | **(Exact name of registrant as specified in its charter)** |
| **Delaware** | **Netherlands** | **Germany** |
| **(State or other jurisdiction of incorporation or organization)** | **(State or other jurisdiction of incorporation or organization)** | **(State or other jurisdiction of incorporation or organization)** |
| **06-124-9050** | **80-8066286B01** | **N/A** |
| **(I.R.S. Employer Identification Number)** | **(I.R.S. Employer Identification Number)** | **(I.R.S. Employer Identification Number)** |
| **10 Riverview Drive**<br> **Danbury, Connecticut<br>06810-6268**<br> **+1 (203) 837-2000** | **Buitenveldertselaan 106**<br> **1081 AB Amsterdam**<br> **The Netherlands**<br> **+31 20 301 3800** | **Dr.-Carl-von-Linde-Strasse 6-14**<br> **82049 Pullach**<br> **Germany**<br> **+49 89 3575701** |
| **(Address, including zip code, and telephone number, including area code, of registrant's principal executive offices)** | **(Address, including zip code, and telephone number, including area code, of registrant's principal executive offices)** | **(Address, including zip code, and telephone number, including area code, of registrant's principal executive offices)** |
| <br>**Guillermo Bichara<br>Executive Vice President and Chief Legal Officer<br>Linde plc**<br> **Forge<br>43 Church Street West**<br> **Woking, Surrey GU21 6HT<br>United Kingdom<br>+44 1483 24220** <br>**(Name, address, including zip code, and telephone number, including area code, of agent for service)**<br>***Copies to:*** | <br>**Guillermo Bichara<br>Executive Vice President and Chief Legal Officer<br>Linde plc**<br> **Forge<br>43 Church Street West**<br> **Woking, Surrey GU21 6HT<br>United Kingdom<br>+44 1483 24220** <br>**(Name, address, including zip code, and telephone number, including area code, of agent for service)**<br>***Copies to:*** | <br>**Guillermo Bichara<br>Executive Vice President and Chief Legal Officer<br>Linde plc**<br> **Forge<br>43 Church Street West**<br> **Woking, Surrey GU21 6HT<br>United Kingdom<br>+44 1483 24220** <br>**(Name, address, including zip code, and telephone number, including area code, of agent for service)**<br>***Copies to:*** |

---

---

| | |
|:---|:---|
| **Susanna M. Suh, Esq.<br>Timothy B. Howell, Esq.<br>Cahill Gordon & Reindel LLP<br>32 Old Slip<br>New York, NY 10005<br>(212) 701-3000** | **Byron Rooney, Esq.<br>Leo Borchardt, Esq.**<br> **Davis Polk & Wardwell LLP<br>450 Lexington Avenue<br>New York, NY 10017<br>(212) 450-4000** |

---

------

**Approximate date of commencement of proposed sale to the public:** From time to time after the effective date of this Registration Statement.

If the only securities being registered on this Form are being offered pursuant to dividend or interest reinvestment plans, please check the following box. ☐

If any of the securities being registered on this Form are to be offered on a delayed or continuous basis pursuant to Rule 415 under the Securities Act of 1933, other than securities offered only in connection with dividend or interest reinvestment plans, check the following box. ☒

If this Form is filed to register additional securities for an offering pursuant to Rule 462(b) under the Securities Act, please check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. ☐

If this Form is a post-effective amendment filed pursuant to Rule 462(c) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. ☐

If this form is a registration statement pursuant to General Instruction I.D. or a post-effective amendment thereto that shall become effective upon filing with the Commission pursuant to Rule 462(e) under the Securities Act, check the following box. ☒

If this form is a post-effective amendment to a registration statement filed pursuant to General Instruction 1.D. filed to register additional securities or additional classes of securities pursuant to Rule 413(b) under the Securities Act, check the following box. ☐

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reporting company, or an emerging growth company. See the definitions of "large accelerated filer," "accelerated filer," "smaller reporting company" and "emerging growth company" in Rule 12b-2 of the Exchange Act.

---

| | | | |
|:---|:---|:---|:---|
| Large accelerated filer | ☒ | Accelerated filer | ☐ |
| Non-accelerated filer | ☐ | Smaller reporting company | ☐ |
|  |  | Emerging growth company | ☐ |

---

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 7(a)(2)(B) of the Securities Act. ☐

------

**EXPLANATORY NOTE** 

This Post-Effective Amendment No. 1 (this "Amendment") to the Registration Statement on Form S-3 (File No. 333-238875) (the "Registration Statement") is being filed pursuant to Rule 414 under the Securities Act of 1933, as amended (the "Securities Act"), by Linde plc (formerly known as Rounderway plc), a public limited company incorporated under the laws of Ireland with registered number 606357 (the "Registrant"), as the successor registrant to Linde plc, a public limited company incorporated under the laws of Ireland with registered number 602527 (the "Predecessor Registrant"), to reflect a reorganization in accordance with the Irish Companies Act 2014 (the "Reorganization").

The Reorganization was completed on March 1, 2023 pursuant to (i) the terms of the Scheme of Arrangement, dated as of December 9, 2022, between the Predecessor Registrant, and the holders of the Predecessor Registrant's outstanding shares and (ii) the terms of the Common Draft Terms of Merger, dated as of December 2, 2022 (the "Terms of Merger"), between the Predecessor Registrant and the Registrant, pursuant to which the Predecessor Registrant was merged with and into the Registrant pursuant to a "merger by absorption" implemented pursuant to the provisions of Chapter 16 of Part 17 of the Irish Companies Act 2014, effective as of the Effective Time (as defined in the Terms of Merger), whereupon the separate corporate existence of the Predecessor Registrant ceased and the Registrant continued as the surviving entity (the "Merger"). In connection with the Merger, the Registrant changed its name from "Rounderway plc" to "Linde plc". Upon consummation of the Merger, the Registrant, by operation of law, assumed all obligations of the Predecessor Registrant.

In accordance with paragraph (d) of Rule 414 under the Securities Act, the Registrant hereby expressly adopts the Registration Statement (as amended by this Amendment) as its own registration statement, for all purposes of the Securities Act and under the Securities Exchange Act of 1934, as amended (the "Exchange Act").

This Amendment shall become effective immediately upon filing with the Securities and Exchange Commission (the "Commission") pursuant to Rule 462 under the Securities Act.

------

**PART II** 

**INFORMATION NOT REQUIRED IN PROSPECTUS** 

**Item 14. *Other Expenses of Issuance and Distribution*.** 

The information set forth in this item is incorporated by reference from Item 14 of Registration Statement on Form S-3, File No. 333-238875, effective as of June 2, 2020 (the "Original Registration Statement").

**Item 15. *Indemnification of Directors and Officers*.** 

The information set forth in this item is incorporated by reference from Item 15 of the Original Registration Statement.

**Item 16. *Exhibits.*** 

---

| | |
|:---|:---|
| **Exhibit<br>No.** | **Description of Document** |
| 1.1 | [Form of Standard Underwriting Agreement Provisions (including Forms of Terms Agreement) (Debt Securities, Preferred Shares and Ordinary Shares) (incorporated by reference to Exhibit 1.1 of the Original Registration Statement).](http://www.sec.gov/Archives/edgar/data/884905/000119312520158453/d935729dex11.htm) |
| 1.2\* | Form of Underwriting Agreement (Depositary Shares, Warrants, Securities Purchase Contracts and Units). |
| 3.1 | Amended and Restated Memorandum and Articles of Association of Linde plc. (incorporated by reference to Exhibit 3.1 to the Registrant's Current Report on [Form 8-K](http://www.sec.gov/Archives/edgar/data/../../../ix?doc=/Archives/edgar/data/1707925/000119312523055949/d459315d8k12b.htm) (File No. 001-38730) filed on March 1, 2023). |
| 4.1 | Description of Linde plc Shares (incorporated by reference to [Exhibit 4.3](http://www.sec.gov/Archives/edgar/data/1707925/000119312523055949/d459315dex43.htm) to the Registrant's Current Report on Form 8-K (File No. 001-38730) filed on March 1, 2023). |
| 4.2 | [Form of Indenture for Debt Securities of Linde plc (including form of debt securities and related guarantees) (incorporated by reference to Exhibit 4.2 of the Original Registration Statement).](http://www.sec.gov/Archives/edgar/data/884905/000119312520158453/d935729dex42.htm) |
| 4.3.1 | [Indenture, dated as of August 10, 2020, by and among Linde Inc. (formerly known as Praxair, Inc.), the Predecessor Registrant and U.S. Bank National Association, as trustee (including form of debt securities and related guarantees) (incorporated by reference to Exhibit 4.1 to the Predecessor Registrant's Current Report on Form 8-K (File No. 001-38730) filed on August 10, 2020).](http://www.sec.gov/Archives/edgar/data/1707925/000119312520214866/d930331dex41.htm) |
| 4.3.2 | Supplemental Indenture, dated as of March 1, 2023, by and among Linde Inc., the Registrant, Linde GmbH and U.S. Bank Trust Company, National Association (as successor in interest to U.S. Bank National Association), as trustee, to that certain indenture, dated as of August 10, 2020, by and among Linde Inc., the Predecessor Registrant and U.S. Bank National Association, as trustee (incorporated by reference to [Exhibit 4.2](http://www.sec.gov/Archives/edgar/data/1707925/000119312523055949/d459315dex42.htm) to the Registrant's Current Report on Form 8-K (File No. 001-38730) filed on March 1, 2023). |
| 4.4 | [Form of Indenture for Debt Securities of Linde Finance B.V. (including form of debt securities and related guarantees) (incorporated by reference to Exhibit 4.4 of the Original Registration Statement).](http://www.sec.gov/Archives/edgar/data/884905/000119312520158453/d935729dex44.htm) |
| 4.5\* | Form of Deposit Agreement and Deposit Receipt. |
| 4.6\* | Form of Warrant Agreement (including form of warrant). |
| 4.7\* | Form of Securities Purchase Contract. |
| 4.8\* | Form of Securities Purchase Unit Agreement. |

---

------

---

| | |
|:---|:---|
| **Exhibit<br>No.** | **Description of Document** |
| &nbsp;&nbsp;&nbsp;&nbsp;4.9\* | Form of Unit Agreement. |
| &nbsp;&nbsp;&nbsp;&nbsp;5.1 | [Opinion of Cahill Gordon & Reindel LLP.](d417375dex51.htm) |
| &nbsp;&nbsp;&nbsp;&nbsp;5.2 | [Opinion of Arthur Cox.](d417375dex52.htm) |
| 23.1 | [Consent of PricewaterhouseCoopers LLP.](d417375dex231.htm) |
| 23.2 | [Consent of Cahill Gordon & Reindel LLP (included in Exhibit 5.1).](d417375dex51.htm) |
| 23.3 | [Consent of Arthur Cox (included in Exhibit 5.2).](d417375dex52.htm) |
| 24.1 | [Powers of attorney (Linde plc) (included on the signature pages hereof).](#sig417375_1) |
| 24.2 | [Powers of attorney (Linde Inc.) (included on the signature pages hereof).](#sig417375_2) |
| 24.3 | [Powers of attorney (Linde Finance B.V.) (included on the signature pages hereof).](#sig417375_3) |
| 24.4 | [Powers of attorney (Linde GmbH) (included on the signature pages hereof).](#sig417375_4) |
| 25.1 | [Statement of Eligibility of Trustee on Form T-1 for Debt Securities of Linde plc. (incorporated by reference to Exhibit 25.1 of the Original Registration Statement).](http://www.sec.gov/Archives/edgar/data/884905/000119312520158453/d935729dex251.htm) |
| 25.2 | [Statement of Eligibility of Trustee on Form T-1 for Debt Securities of Linde Inc. (incorporated by reference to Exhibit 25.2 of the Original Registration Statement).](http://www.sec.gov/Archives/edgar/data/884905/000119312520158453/d935729dex252.htm) |
| 25.3 | [Statement of Eligibility of Trustee on Form T-1 for Debt Securities of Linde Finance B.V. (incorporated by reference to Exhibit 25.3 of the Original Registration Statement).](http://www.sec.gov/Archives/edgar/data/884905/000119312520158453/d935729dex253.htm) |
| 99.1 | [Scheme of Arrangement, dated as of December 9, 2022, among the Predecessor Registrant and the holders of the Predecessor Registrant's outstanding ordinary shares (incorporated by reference to Annex A of Schedule 14A filed by the Predecessor Registrant on December 9, 2022).](http://www.sec.gov/Archives/edgar/data/1707925/000119312522301548/d424083ddefm14a.htm#tx424083_16) |
| 99.2 | [Common Draft Terms of Merger, dated as of December 2, 2022, between the Predecessor Registrant and the Registrant (incorporated by reference to Annex C of Schedule 14A filed by the Predecessor Registrant on December 9, 2022).](http://www.sec.gov/Archives/edgar/data/1707925/000119312522301548/d424083ddefm14a.htm#tx424083_18) |

---

\* To be filed by amendment hereto or pursuant to a Current Report on Form 8-K to be incorporated herein by reference.

**Item 17. *Undertakings*.** 

A. *Rule 415 Offering* 

The undersigned registrants hereby undertake:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. To file, during any period in which offers or sales are being made, a post-effective amendment to this registration statement:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) To include any prospectus required by Section 10(a)(3) of the Securities Act;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) To reflect in the prospectus any facts or events arising after the effective date of the registration statement (or the most recent post-effective amendment thereof) which, individually or in the aggregate, represent a fundamental change in the information set forth in the registration statement. Notwithstanding the foregoing, any increase or decrease in volume of securities offered (if the total dollar value of securities offered would not exceed that which was registered) and any deviation from the low or high end of the estimated maximum offering range may be reflected in the form of prospectus filed with the Securities and Exchange Commission (the "Commission") pursuant to Rule 424(b) if, in the aggregate, the changes in volume and price represent no more

------

than a 20% change in the maximum aggregate offering price set forth in the "Calculation of Registration Fee" table in the effective registration statement; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) To include any material information with respect to the plan of distribution not previously disclosed in the registration statement or any material change to such information in the registration statement;

*provided*, *however*, that paragraphs (1)(a), (1)(b) and 1(c) do not apply if the registration statement is on Form S-3 and the information required to be included in a post-effective amendment by those paragraphs is contained in reports filed with or furnished to the Commission by the registrant pursuant to section 13 or 15(d) of the Securities Exchange Act of 1934 that are incorporated by reference in the registration statement, or is contained in a form of prospectus filed pursuant to Rule 424(b) that is part of the registration statement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. That, for the purpose of determining any liability under the Securities Act of 1933, each such post-effective amendment shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. To remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the termination of the offering.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. That, for the purpose of determining liability under the Securities Act of 1933 to any purchaser:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Each prospectus filed by the registrant pursuant to Rule 424(b)(3) shall be deemed to be part of the registration statement as of the date the filed prospectus was deemed part of and included in the registration statement; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Each prospectus required to be filed pursuant to Rule 424(b)(2), (b)(5), or (b)(7) as part of a registration statement in reliance on Rule 430B relating to an offering made pursuant to Rule 415(a)(1)(i), (vii), or (x) for the purpose of providing the information required by section 10(a) of the Securities Act shall be deemed to be part of and included in the registration statement as of the earlier of the date such form of prospectus is first used after effectiveness or the date of the first contract of sale of securities in the offering described in the prospectus. As provided in Rule 430B, for liability purposes of the issuer and any person that is at that date an underwriter, such date shall be deemed to be a new effective date of the registration statement relating to the securities in the registration statement to which that prospectus relates, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof. Provided, however, that no statement made in a registration statement or prospectus that is part of the registration statement or made in a document incorporated or deemed incorporated by reference into the registration statement or prospectus that is part of the registration statement will, as to a purchaser with a time of contract of sale prior to such effective date, supersede or modify any statement that was made in the registration statement or prospectus that was part of the registration statement or made in any such document immediately prior to such effective date.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. That, for the purpose of determining liability of the registrant under the Securities Act of 1933 to any purchaser in the initial distribution of the securities, the undersigned registrant undertakes that in a primary offering of securities of the undersigned registrant pursuant to this registration statement, regardless of the underwriting method used to sell the securities to the purchaser, if the securities are offered or sold to such purchaser by means of any of the following communications, the undersigned registrant will be a seller to the purchaser and will be considered to offer or sell such securities to such purchaser:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Any preliminary prospectus or prospectus of the undersigned registrant relating to the offering required to be filed pursuant to Rule 424;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Any free writing prospectus relating to the offering prepared by or on behalf of the undersigned registrant or used or referred to by the undersigned registrant;

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) The portion of any other free writing prospectus relating to the offering containing material information about the undersigned registrant or its securities provided by or on behalf of the undersigned registrant; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) Any other communication that is an offer in the offering made by the undersigned registrant to the purchaser.

B. *Filings Incorporating Subsequent Exchange Act Documents by Reference* 

The undersigned registrants hereby undertake that, for purposes of determining any liability under the Securities Act of 1933, each filing of Linde plc's annual report pursuant to section 13(a) or section 15(d) of the Securities Exchange Act of 1934 (and, where applicable, each filing of an employee benefit plan's annual report pursuant to section 15(d) of the Securities Exchange Act of 1934) that is incorporated by reference in the registration statement shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.

C. *SEC Position on Indemnification for Securities Act Liabilities* 

Insofar as indemnification for liabilities arising under the Securities Act may be permitted to directors, officers and controlling persons of the registrant pursuant to the provisions described under Item 15 above, or otherwise, the registrants have been advised that in the opinion of the Securities and Exchange Commission such indemnification is against public policy as expressed in the Securities Act and is, therefore, unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment by the registrant of expenses incurred or paid by a director, officer or controlling person of the registrant in the successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, the registrants will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question of whether such indemnification by it is against public policy as expressed in the Securities Act and will be governed by the final adjudication of such issue.

D. *Qualifications of Trust Indentures Under the Trust Indenture Act of 1939 for Delayed Offerings* 

The undersigned registrants hereby undertake to file an application for the purpose of determining the eligibility of the trustee to act under subsection (a) of section 310 of the Trust Indenture Act in accordance with the rules and regulations prescribed by the Commission under section 305(b)(2) of the Trust Indenture Act.

------

**SIGNATURES** 

Pursuant to the requirements of the Securities Act of 1933, Linde plc certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-3 and has duly caused this Post-Effective Amendment No. 1 to the Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in Woking, United Kingdom, on March 1, 2023.

---

| | |
|:---|:---|
| LINDE PLC | LINDE PLC |
| By: | /s/ Matthew J. White |
| Name: | Matthew J. White |
| Title: | Chief Financial Officer |

---

**POWER OF ATTORNEY** 

Each person whose signature appears below appoints each of Matthew J. White, Chris Cossins, Guillermo Bichara and Sue Kelly, his or her attorney-in-fact and agent, with full power of substitution and resubstitution, to sign and file with the Securities and Exchange Commission any amendments to the registration statement (including post-effective amendments), any registration statement permitted under Rule 462(b) under the Securities Act of 1933 and any amendments thereto and to file with the Securities and Exchange Commission one or more supplements to any prospectus included in any of the foregoing, and generally to do anything else necessary or proper in connection therewith.

Pursuant to the requirements of the Securities Act of 1933, this Post-Effective Amendment No. 1 to the Registration Statement has been signed by the following persons in the capacities and on March 1, 2023.

---

| | |
|:---|:---|
| **Signature** | **Title** |
| /s/ Sanjiv Lamba<br> Sanjiv Lamba | Principal Executive Officer and Director |
| /s/ Matthew J. White<br> Matthew J. White | Principal Financial Officer |
| /s/ Kelcey E. Hoyt<br> Kelcey E. Hoyt | Principal Accounting Officer |
| /s/ Stephen F. Angel<br> Stephen F. Angel | Chairman of the Board |
| /s/ Dr. Ann-Kristin Achleitner<br> Dr. Ann-Kristin Achleitner | Director |
| /s/ Dr. Thomas Enders<br> Dr. Thomas Enders | Director |
| /s/ Edward G. Galante<br> Edward G. Galante | Director |
| /s/ Hugh Grant<br> Hugh Grant | Director |

---

------

---

| | |
|:---|:---|
| /s/ Josef Kaeser<br> Josef Kaeser | Director |
| /s/ Dr. Victoria Ossadnik<br> Dr. Victoria Ossadnik | Director |
| /s/ Martin H. Richenhagen<br> Martin H. Richenhagen | Director |
| /s/ Alberto Weisser<br> Alberto Weisser | Director |
| /s/ Robert L. Wood<br> Robert L. Wood | Director |
| /s/ Guillermo Bichara<br> Guillermo Bichara | Authorized Representative in the United States |

---

------

**SIGNATURES** 

Pursuant to the requirements of the Securities Act of 1933, Linde Inc. certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-3 and has duly caused this Post-Effective Amendment No. 1 to the Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in Danbury, Connecticut, on March 1, 2023.

---

| | |
|:---|:---|
| LINDE INC. | LINDE INC. |
| By: | /s/ Matthew J. White |
| Name: | Matthew J. White |
| Title: | Chief Financial Officer |

---

**POWER OF ATTORNEY** 

Each person whose signature appears below appoints each of Matthew J. White, Anne Boyd and Guillermo Bichara, his or her attorney-in-fact and agent, with full power of substitution and resubstitution, to sign and file with the Securities and Exchange Commission any amendments to the registration statement (including post-effective amendments), any registration statement permitted under Rule 462(b) under the Securities Act of 1933 and any amendments thereto and to file with the Securities and Exchange Commission one or more supplements to any prospectus included in any of the foregoing, and generally to do anything else necessary or proper in connection therewith.

Pursuant to the requirements of the Securities Act of 1933, this Post-Effective Amendment No. 1 to the Registration Statement has been signed by the following persons in the capacities and on March 1, 2023.

---

| | |
|:---|:---|
| **Signature** | **Title** |
| /s/ Sanjiv Lamba<br> Sanjiv Lamba | Principal Executive Officer |
| /s/ Matthew J. White<br> Matthew J. White | Principal Financial Officer and Principal Accounting Officer |
| /s/ Guillermo Bichara<br> Guillermo Bichara | Director |

---

------

**SIGNATURES** 

Pursuant to the requirements of the Securities Act of 1933, Linde Finance B.V. certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-3 and has duly caused this Post-Effective Amendment No. 1 to the Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in Amsterdam, Netherlands, on March 1, 2023.

---

| | |
|:---|:---|
| LINDE FINANCE B.V. | LINDE FINANCE B.V. |
| By: | /s/ Regina McKeon |
| Name: | Regina McKeon |
| Title: | Member of the Management Board |

---

**POWER OF ATTORNEY** 

Each person whose signature appears below appoints Anne Boyd, her attorney-in-fact and agent, with full power of substitution and resubstitution, to sign and file with the Securities and Exchange Commission any amendments to the registration statement (including post-effective amendments), any registration statement permitted under Rule 462(b) under the Securities Act of 1933 and any amendments thereto and to file with the Securities and Exchange Commission one or more supplements to any prospectus included in any of the foregoing, and generally to do anything else necessary or proper in connection therewith.

Pursuant to the requirements of the Securities Act of 1933, this Post-Effective Amendment No. 1 to the Registration Statement has been signed by the following persons in the capacities and on March 1, 2023.

---

| | |
|:---|:---|
| **Signature** | **Title** |
| /s/ Regina McKeon<br> Regina McKeon | Principal Executive Officer, Principal Financial Officer, Principal Accounting Officer and Director |
| /s/ Anne Boyd<br> Anne Boyd | Authorized Representative in the United States |

---

------

**SIGNATURES** 

Pursuant to the requirements of the Securities Act of 1933, Linde GmbH certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-3 and has duly caused this Post-Effective Amendment No. 1 to the Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in Pullach, Germany, on March 1, 2023.

---

| | |
|:---|:---|
| LINDE GMBH | LINDE GMBH |
| By: | /s/ Sean Durbin |
| Name: | Sean Durbin |
| Title: | Executive Vice President EMEA |

---

---

| | |
|:---|:---|
| By: | /s/ Matthias von Plotho |
| Name: | Matthias von Plotho |
| Title: | Senior Vice President Finance EMEA |

---

**POWER OF ATTORNEY** 

Each person whose signature appears below appoints each of Daniel Geiger and Dirk Diefenbach, his or her attorney-in-fact and agent, with full power of substitution and resubstitution, to sign and file with the Securities and Exchange Commission any amendments to the registration statement (including post-effective amendments), any registration statement permitted under Rule 462(b) under the Securities Act of 1933 and any amendments thereto and to file with the Securities and Exchange Commission one or more supplements to any prospectus included in any of the foregoing, and generally to do anything else necessary or proper in connection therewith.

Pursuant to the requirements of the Securities Act of 1933, this Post-Effective Amendment No. 1 to the Registration Statement has been signed by the following persons in the capacities and on March 1, 2023.

---

| | |
|:---|:---|
| **Signature** | **Title** |
| /s/ Sean Durbin<br> Sean Durbin | Principal Executive Officer and Director |
| /s/ Matthias von Plotho<br> Matthias von Plotho | Principal Financial Officer, Principal Accounting Officer and Director |
| /s/ Anne Boyd<br> Anne Boyd | Authorized Representative in the United States |

---

## Exhibit 5.1

EXHIBIT 5.1

**Cahill Gordon & Reindel LLP** 

**32 Old Slip** 

**New York, New York 10005** 

(212) 701-3000

March 1, 2023

Linde plc

Forge

43 Church Street West

Woking, Surrey GU21 6HT

United Kingdom

Ladies and Gentlemen:

We have acted as special counsel to Linde plc (formerly known as Rounderway plc), a public limited company incorporated under the laws of Ireland with registered number 606357 (the "Company"), Linde Inc. (formerly Praxair, Inc.), a Delaware corporation ("Linde Inc."), Linde Finance B.V., a Netherlands company ("Linde Finance"), and Linde GmbH, a German limited liability company, in connection with the filing of a post-effective amendment (the "Post-Effective Amendment") to the Registration Statement on Form S-3 (File No. 333-238875) (the "Registration Statement" and the Registration Statement, as amended by the Post-Effective Amendment, the "Amended Registration Statement") originally filed by Linde plc, a public limited company incorporated under the laws of Ireland with registered number 602527 (the "Predecessor Registrant") with the Securities and Exchange Commission (the "Commission"), relating to the registration pursuant to the Securities Act of 1933, as amended (the "Act"), and the proposed issuance and sale from time to time pursuant to Rule 415 under the Act, together or separately and in one or more series (if applicable) of certain securities.

The Company became the successor of the Predecessor Registrant on March 1, 2023 for purposes of Rule 414 under the Act as a result of the Predecessor Registrant being merged with and into the Company pursuant to a "merger by absorption" implemented pursuant to the provisions of Chapter 16 of Part 17 of the Irish Companies Act 2014, whereupon the separate corporate existence of the Predecessor Registrant ceased and the Company continued as the surviving entity (the "Merger"). In connection with the Merger, the Company changed its name from "Rounderway plc" to "Linde plc".

The Amended Registration Statement relates to the registration pursuant to the Act, and the proposed issuance of sale from time to time pursuant to Rule 415 under the Act, together or separately and in one or more series (if applicable) of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) ordinary shares of the Company, nominal value €0.001 per share (the "Ordinary Shares");

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) preferred shares of the Company, nominal value €0.001 per share (the "Preferred Shares");

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) depositary shares of the Company, each representing a share or fractional interest of a particular class or
series of Preferred Shares (the "Depositary Shares") and which may be represented by depositary receipts (the "Depositary Receipts");

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv) warrants to purchase equity securities of the Company, debt securities of the Company, Linde Inc. or Linde
Finance or securities of third parties or other rights ("Warrants");

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(v) purchase contracts for the purchase or sale of equity securities of the Company, debt securities of the
Company, Linde Inc. or Linde Finance or securities of any of its affiliates or other third parties (the "Securities Purchase Contracts");

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(vi) debt securities of the Company ("Company Debt Securities"), which may be guaranteed by Linde Inc. and
Linde GmbH (such guarantees, the "Company Debt Securities Guarantees");

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(vii) debt securities of Linde Inc. ("Linde Inc. Debt Securities"), which will be guaranteed by the Company
and which guarantee by the Company may be guaranteed by Linde GmbH (such guarantees, the "Linde Inc. Debt Securities Guarantees");

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(viii) debt securities of Linde Finance ("Linde Finance Debt Securities"), which will be guaranteed by the
Company and which guarantee by the Company may be guaranteed by Linde GmbH and Linde Inc. (such guarantees, the "Linde Finance Debt Securities Guarantees"); and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ix) units comprised of any combination of Ordinary Shares, Preferred Shares, Depositary Shares, Warrants,
Securities Purchase Contracts and/or Debt Securities (the "Units").

The Company Debt Securities, the Linde Inc. Debt Securities and the Linde Finance Debt Securities are referred to herein collectively as the "Debt Securities." The Ordinary Shares, the Preferred Shares, the Depositary Shares, the Warrants, the Securities Purchase Contracts, the Debt Securities and the Units are collectively referred to herein as the "Securities." Each of the Company, Linde Inc. and Linde Finance, in its capacity as an issuer of Securities, is referred to herein as an "Issuer." The Company Debt Securities Guarantees, the Linde Inc. Debt Securities Guarantees and the Linde Finance Debt Securities Guarantees are collectively referred to herein as the "Debt Securities Guarantees" and the persons providing such guarantees, in their capacities as such, are referred to herein as the "Guarantors".

The Debt Securities of each Issuer are to be issued under one or more indentures ("Base Indentures") to be entered into between such Issuer and U.S. Bank Trust Company, National Association (as successor in interest to U.S. Bank National Association), as trustee, or another trustee selected by the applicable Issuer and appointed under a Base Indenture or a supplemental indenture.

In connection with this opinion, we have assumed that (i) the Post-Effective Amendment, and any other amendments to the Registration Statement (including any post effective amendments), will have become effective, (ii) a prospectus supplement will have been prepared and filed with the Commission describing the Securities offered thereby, (iii) all Securities will be issued and sold in compliance with applicable federal and state securities laws and in the manner stated in the Amended Registration Statement and the appropriate prospectus supplement, (iv) the applicable Issuer and Guarantor will be validly existing and in good standing under the laws of the jurisdiction in which it is organized, (v) all corporate or other action required to be taken to duly authorize each proposed issuance of Securities and any related documentation shall have been duly completed and shall remain in full force and effect, (vi) a definitive purchase, underwriting or similar agreement with respect to any Securities offered will have been duly authorized and validly executed and delivered by the Issuer of such Securities and the other parties thereto in accordance with their respective organizational documents and the laws of the respective jurisdictions in which such Issuer and such other parties are organized, (vii) to the extent relevant to our opinions in paragraphs 1, 2, 3, and 4 and not covered by our opinions in paragraph 5, any securities, currencies, indices or commodities underlying, comprising or issuable upon exchange, conversion or exercise of any Depositary Shares, Warrants, Securities Purchase Contracts or Units are validly issued, fully paid and non-assessable (in the case of an equity security) or a legal, valid and binding obligation of the issuer thereof, enforceable against such issuer in accordance with its terms, (viii) the Depositary Receipts, Warrants, Securities Purchase Contracts and Unit Agreements are governed by the laws of the State of New York, (ix) in the case of Debt Securities and Guarantees, the relevant Base Indenture shall have been duly executed and delivered by the Issuers and all other parties thereto and duly qualified under the Trust Indenture Act of 1939, as amended, and (x) the execution, delivery, issuance and performance, as applicable, by the applicable Issuer of such definitive purchase, underwriting or similar agreement with respect to any Securities and such Securities, or by any applicable Guarantor of such Debt Securities Guarantees, will not constitute a breach or violation of their respective organizational documents or violate the law of the jurisdiction in which such Issuer or Guarantor is organized or any other jurisdiction (except that no such assumption is made with respect to the Federal laws of the United States, the laws of the State of New York and the General Corporation Law of the State of Delaware).

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Based on the foregoing and in reliance thereon, and subject to the assumptions, exceptions, qualifications and limitations set forth herein, we are of the opinion that:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. With respect to Depositary Receipts, when (i) a deposit agreement relating to such Depositary Shares ("Deposit Agreement") has been duly executed and delivered by the Company and the depositary appointed by the Company, (ii) the terms of the Depositary Shares have been established in accordance with the Deposit Agreement, and (iii) the Depositary Shares and the Depositary Receipts representing such Depositary Shares have been duly executed (in the case of certificated Depositary Receipts), issued and delivered in accordance with the related Deposit Agreement and the applicable definitive purchase, underwriting or similar agreement for the consideration provided therein, the Depositary Receipts representing such Depositary Shares will be legal, valid and binding obligations of the Company, enforceable against the Company in accordance with their terms.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. With respect to any Warrants, when (i) the warrant agreement relating to such Warrants (the "Warrant Agreement"), if any, has been duly executed and delivered by the Company and each other party thereto, (ii) the terms of the Warrants have been duly established in accordance with the Warrant Agreement, if any, and the applicable definitive purchase, underwriting or similar agreement, and (iii) the Warrants have been duly executed (in the case of certificated Warrants) and delivered in accordance with the Warrant Agreement, if any, and the applicable definitive purchase, underwriting or similar agreement for the consideration provided for therein, such Warrants will be legal, valid and binding obligations of the Company, enforceable against the Company in accordance with their terms.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. With respect to any Securities Purchase Contracts, when (i) the related purchase contract agreement ("Purchase Contract Agreement"), if any, has been duly executed by the Company and each other party thereto, (ii) the terms of the Securities Purchase Contracts have been established in accordance with the Purchase Contract Agreement, if any, or the applicable definitive purchase, underwriting or similar agreement, (iii) the terms of any collateral or security arrangements relating to such Securities Purchase Contracts have been established and the agreements thereto have been validly executed and delivered by each of the parties thereto and any collateral has been deposited with the collateral agent, if applicable, in accordance with such arrangements, and (iv) such Securities Purchase Contracts have been executed (in the case of certificated Securities Purchase Contracts) and delivered in accordance with the Purchase Contract Agreement, if any, and the applicable definitive purchase, underwriting or similar agreement for the consideration provided for therein, such Securities Purchase Contracts will be legal, valid and binding obligations of the Company, enforceable in accordance with their terms.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. With respect to any Units, when (i) the unit agreement relating to such Units (the "Unit Agreement"), if any, has been duly executed and delivered by the Company and each other party thereto, (ii) the terms of the Units have been duly established in accordance with the Unit Agreement, if any, and the applicable definitive purchase, underwriting or similar agreement, and (iii) the Units have been duly executed (in the case of certificated Units) and delivered in accordance with the Unit Agreement, if any, and the applicable definitive purchase, underwriting or similar agreement for the consideration provided for therein, the Units will be legal, valid and binding obligations of the Company, enforceable against the Company in accordance with their terms.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5. With respect to any Debt Securities and any related Guarantees, when: (i) the terms and conditions of such Debt Securities and Guarantees have been duly established by supplemental indenture or officers' certificate in accordance with the terms and conditions of the relevant Base Indenture, (ii) any such supplemental indenture or officers' certificate has been duly executed and delivered by the Issuer of such Debt Securities and, in the case of any supplemental indenture, the relevant trustee (together with the relevant Base Indenture, the "Indenture"), and (iii) such Debt Securities and any related Guarantees have been duly executed (in the case of certificated Debt Securities and Guarantees), delivered and authenticated in accordance with the terms of the applicable Indenture and issued and sold for the consideration set forth in the applicable definitive purchase, underwriting or similar agreement, such Debt Securities will be legal, valid and binding obligations of the Issuer thereof, enforceable against such Issuer in accordance with their respective terms, and any related Guarantees will be legal, valid and binding obligations of the Guarantors obligated thereon, enforceable against such Guarantors in accordance with their respective terms.

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The opinions expressed above are subject to the following exceptions, qualifications, limitations, and assumptions:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A. We are members of the bar of the State of New York, and in rendering this opinion we express no opinion as to the laws of any jurisdiction other than the laws of the State of New York and the General Corporation Law of the State of Delaware, including with respect to matters relating to the Ordinary Shares or Preferred Shares.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;B. The opinions above are each subject to (i) the effect of any bankruptcy, insolvency, reorganization, moratorium, arrangement or similar laws affecting the rights and remedies of creditors generally, including without limitation the effect of statutory or other laws regarding fraudulent transfers or preferential transfers, (ii) general principles of equity, including without limitation concepts of materiality, reasonableness, good faith and fair dealing and the possible unavailability of specific performance, injunctive relief or other equitable remedies regardless of whether enforceability is considered in a proceeding in equity or at law and (iii) the effects of the possible judicial application of foreign laws.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;C. We express no opinion regarding the effectiveness of (i) any waiver of stay, extension or usury laws or of unknown future rights, (ii) any waiver (whether or not stated as such) under any Indenture or any other applicable document of, or any consent thereunder relating to, unknown future rights or the rights of any party thereto existing, or duties owing to it, as a matter of law, (iii) any waiver (whether or not stated as such) contained in any Indenture or any other applicable document of rights of any party, or duties owing to it, that is broadly or vaguely stated or does not describe the right or duty purportedly waived with reasonable specificity, (iv) provisions relating to indemnification, exculpation or contribution, to the extent such provisions may be held unenforceable as contrary to public policy or securities laws, (v) any purported fraudulent transfer "savings" clause, or (vi) any provision to the effect that every right or remedy is cumulative and may be exercised in addition to any other right or remedy or that the election of some particular remedy does not preclude recourse to one or more others.

We hereby consent to the use of our firm's name under the caption "Legal Matters" and to the filing of this opinion with the Commission as an exhibit to the aforesaid Post-Effective Amendment. In giving such consent we do not hereby admit that we are within the category of persons whose consent is required under Section 7 of the Act or the rules and regulations of the Commission thereunder.

---

| |
|:---|
| Very truly yours, |
| /s/ Cahill Gordon & Reindel LLP |

---

## Exhibit 5.2

**Exhibit 5.2** 

**Our Reference**: PC/BK/LI186/030

1 March 2023

**PRIVATE AND CONFIDENTIAL** 

To: Linde plc

Forge, 43 Church Street West

Woking, Surrey GU21 6HT

United Kingdom

Attention: The Directors

**Registration Statement on Form S-3** 

1. **Basis of Opinion** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.1 We have acted as solicitors in Ireland for Rounderway plc (which as at the date of this opinion will be merged
into Linde Plc such that any further references to Linde plc, will from the date of this opinion will be taken to include Rounderway plc) (the "**Company**") in connection with the filing of a post-effective amendment (the
" **Post-Effective Amendment**") dated 1 March 2023 to be filed in respect of the registration statement on Form S-3 dated 2 June 2020 (together, the "**Registration Statement**") filed with the United States Securities and Exchange Commission (the "**Commission**") by Linde Inc., a Delaware corporation (formerly Praxair, Inc.), Linde Finance B.V., a Netherlands company, Linde GmbH, a German
company, and Linde plc, a public limited company incorporated under the laws of Ireland with registered number 602527 (the "**Predecessor Registrant**") (together the "**Issuers** "), for the purpose of registering under the
United States Securities Act, 1933, as amended (the "**Act** "), securities of the Company and the other Issuers (the "**Securities**") to be issued pursuant to Rule 415 under the Act. The Company became the successor of the
Predecessor Registrant on March 1, 2023 for purposes of Rule 414 under the Act as a result of the Predecessor Registrant being merged with and into the Company pursuant to a "merger by absorption" implemented pursuant to the
provisions of Chapter 16 of Part 17 of the Irish Companies Act 2014, whereupon the separate corporate existence of the Predecessor Registrant ceased and the Company continued as the surviving entity (the "Merger"). In connection with the
Merger, the Company changed its name from "Rounderway plc" to "Linde plc".

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.2 The Securities which may be issued by the Company pursuant to the Registration Statement comprise:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) certain debt securities of the Company to be issued under one or more Indentures governed by the laws of New
York (the "**Debt Securities** ");

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) warrants to purchase debt or equity securities of the Company or securities of third parties or other rights to
be issued under one or more warrant agreements governed by the laws of New York ()"**Warrants** "),

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) purchase contracts for the purchase or sale of debt or equity securities of the Company or securities of any of
its affiliates or other third parties to be issued under one or more purchase contract agreements governed by the laws of New York (the "**Securities Purchase Contracts** "),

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) units of the Company comprised of any combination of Ordinary Shares, Preferred Shares, Depositary Shares,
Warrants, or Securities Purchase Contracts to be issued under one or more unit agreements governed by the laws of New York (the "**Units** "), and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) equity securities of the Company (the "**Company Equity Securities**") comprising:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) ordinary shares, nominal value €0.001 per share; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) preferred shares, nominal value €0.001 per share, which may be represented by depositary shares.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.3 This Opinion relates solely to those Securities governed by Irish law, namely the Company Equity Securities
(but, for avoidance of doubt, this Opinion does relate to and encompass any Company Equity Securities which may from time to time be represented by depositary shares).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.4 Subject to paragraph 1.5 below, this Opinion shall be used solely for the benefit of the addressee and may not
be relied upon, used, transmitted, referred to, quoted from, circulated, copied, filed with any governmental agency or authority, disseminated or disclosed by or to any other person or entity for any purpose(s) without our prior written consent.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.5 This Opinion is addressed to you in connection with the registration of the Registration Statement with the
Commission. We hereby consent to the inclusion of this Opinion as an exhibit to the Registration Statement and to the reference to this firm in the Registration Statement and the related prospectus under the caption "*Legal Matters*."
In giving this consent, we do not thereby admit that we are in a category of person whose consent is required under section 7 of the Act.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.6 This Opinion is confined to and given in all respects on the basis of the laws of Ireland (meaning Ireland
exclusive of Northern Ireland) in force as at the date hereof as currently applied by the courts of Ireland. No opinion is expressed as to the taxation consequences of the Registration Statement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.7 This Opinion is governed by and is to be construed in accordance with the laws of Ireland (as interpreted by
the courts of Ireland at the date hereof) and any addressee of this Opinion agrees, for our benefit, that the courts of Ireland shall have exclusive jurisdiction to settle any dispute arising out of, or in connection with, this Opinion. This Opinion
speaks only as of its date. We assume no obligation to update this Opinion at any time in the future or to advise you of any change in law, change in interpretation of law which may occur after the date of this Opinion.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.8 We have made no investigations of and we express no opinion as to the laws of any other jurisdiction or the
effect thereof. In particular, we express no opinion of European Community law as it affects any jurisdiction other than Ireland. We have assumed

------

without investigation that insofar as the laws of any jurisdiction other than Ireland are relevant such laws do not prohibit and are not inconsistent with any of obligations or rights expressed in the Registration Statement, the Indentures or the transactions contemplated thereby.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.9 This Opinion is strictly confined to the matters expressly stated herein and is not to read as extending by
implication or otherwise to any other matter. We express no opinion and make no representation or warranty, as to any matter of fact or in respect of any documents which may exist in relation to the filing of the Registration Statement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.10 For the purposes of this Opinion, we have reviewed:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) the Corporate Certificate; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) the Registration Statement and the Post-Effective Amendment (as filed with the Commission on our about the date
of this Opinion).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.11 As used in this Opinion, the following terms shall have the following meanings:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) "**Constitution**" means the constitution of the Company;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) "**Companies Act**" means the Companies Act 2014 (as amended);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) "**Corporate Certificate**" means a certificate of an authorised officer of the Company dated
1 March 2023 attaching, among other things, copies of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) the Company's certificate of incorporation and certificate of incorporation issued on change of name of
the Company;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) the Company's Constitution in the form as most recently amended by resolution of the shareholders of the
Company and in effect as of the date hereof; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) certain resolutions of the board of directors of the Company;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) "**CRO**" means the Irish Companies Registration Office;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) "**Indenture**" means, with respect to any Debt Securities, the indenture under which such Debt
Securities are issued, together with each supplemental indenture to such indenture, to the extent such supplemental indenture relates to such Debt Securities; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f) "**Member State**" means a member state of the European Union.

2. **Opinion** 

Subject to the assumptions and qualifications set out in this Opinion, we are of the opinion that:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.1 the Company is a public limited company and is duly incorporated and validly existing under the laws of
Ireland;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.2 when the Company Equity Securities are issued, allotted and delivered against full payment therefor as
contemplated in the Registration Statement and the appropriate prospectus supplement and pursuant to duly adopted resolutions of the board of directors of the Company (including resolutions duly adopted by the board of directors approving powers of
attorney appointing officers and senior executives of the Company as lawful attorneys of the Company for the purpose of exercising the

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Company's powers in respect of the allotment and issue of the Shares), such Company Equity Securities, by the Company, will have been validly issued, duly authorised, and be fully paid up and be non-assessable (which term means that no further sums are required to be paid by the holders thereof in connection with the issue of such Company Equity Securities and no further contributions in respect of such Company Equity Securities will be required to be made to the Company by the holders thereof, by reason solely of their being such holders).

3. **Assumptions** 

For the purpose of giving this Opinion we assume the following, without any responsibility on our part if any assumption proves to have been untrue as we have not verified independently any assumption:

*Registration Statement* 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.1 The Registration Statement, and any amendments thereto (including the Post-Effective Amendment and any other
post effective amendments), will have become effective.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.2 A prospectus supplement will have been prepared and filed with the Commission describing the Company Equity
Securities offered thereby.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.3 All Company Equity Securities will be issued, allotted and sold in accordance with all applicable laws and in
the manner described in the Registration Statement and the appropriate prospectus supplement and at a time when the Company is solvent.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.4 A definitive purchase, underwriting or similar agreement with respect to any Company Equity Securities offered
will have been duly authorised and validly executed and delivered by the Company and the other parties thereto.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.5 That any Company Equity Securities issued under the Registration Statement will be in consideration of the
receipt by the Company prior to the issue of the Company Equity Securities pursuant thereto of either cash or the release of a liability of the Company for a liquidated sum, at least equal to the nominal value of such Company Equity Securities and
any premium required to be paid up on the Company Equity Securities pursuant to their terms of issue.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.6 That the filing of the Registration Statement with the Commission has been authorized by all necessary actions
under all applicable laws other than Irish law.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.7 With respect to Company Equity Securities issued before October 17, 2023 in respect of issuances relying
upon the authority of the Company to issue the Company Equity Securities pursuant to its Constitution (the "**Existing Authority** "), such Existing Authority is in full force and effect.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.8 With respect to Company Equity Securities issued on or after the date of expiry of the Company's Existing
Authority required to issue such Company Equity Securities, that the Company will have renewed (through one or more subsequent renewals) the Existing Authority or its successor authorities sufficient to authorise the issue of the Company Equity
Securities in accordance with the terms and conditions set out in the Constitution and the Companies Act for the remainder of the period that the Registration Statement will continue in effect.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.9 With respect to Company Equity Securities issued under Existing Authorities, or their successor authorities as
set out at paragraphs 3.7 and 3.8, that the Company shall have approved the issue of such Company Equity Securities at a meeting of the directors

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which was duly convened, duly quorate and held and in respect of which all formalities were duly observed, that those present at any such meetings were entitled to attend and vote at the meeting and acted bona fide throughout, that no further resolutions have been passed or corporate or other action taken which would or might alter the effectiveness thereof and that such resolutions have not been amended or rescinded and are in full force and effect.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.10 That the issue of the Company Equity Securities upon the conversion, exchange and exercise of any securities
issued under the Registration Statement will be conducted in accordance with the terms and the procedures described in the Constitution, the Companies Act and the terms of issue of such securities.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.11 That, at the time of issue of the Company Equity Securities, the Company will have sufficient authorised but
unissued share capital to issue the required number of Company Equity Securities and the Company will not have prior to, or by virtue of, the issuance, exceeded or exceed the maximum number of Company Equity Securities permitted by the
Company's shareholders to be issued pursuant to the authorities referred to in paragraphs 3.7 and 3.8 above.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.12 That any issue of Company Equity Securities will be in compliance with the Companies Act, the Irish Takeover
Panel Act, 1997, Takeover Rules 2013, and all other applicable Irish company, takeover, securities, market abuse, insider dealing laws and other rules and regulations.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.13 That as at the time of the issuance of the Company Equity Securities, such issuance shall not be in
contravention or breach of any agreement, undertaking, arrangement, deed or covenant affecting the Company or to which the Company is a party or otherwise bound or subject.

That any power of attorney granted by the Company in respect of the issue and allotment of the Company Equity Securities shall have been duly granted, approved and executed in accordance with the Constitution, the Companies Act, the Powers of Attorney Act 1996 of Ireland and all other applicable laws, rules and regulations.

*Authenticity and bona fides* 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.14 The completeness, accuracy and authenticity of all documents submitted to us as originals or copies of
originals, and (in the case of copies) conformity to the originals of copy documents, and the genuineness of all signatories, stamps and seals thereon.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.15 That, where an incomplete Registration Statement has been submitted to us, the original of such Registration
Statement corresponds in all respects with the last or final draft of the complete Registration Statement submitted to us.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.16 That the copies produced to us of minutes of meetings and/or of resolutions correctly record the proceedings at
such meetings and/or the subject matter which they purport to record and that any meetings referred to in such copies were duly convened, duly quorate and held, that those present at any such meetings were entitled to attend and vote at the meeting
and acted bona fide throughout and that no further resolutions have been passed or corporate or other action taken which would or might alter the effectiveness thereof.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.17 The absence of fraud, coercion, duress or undue influence and lack of bad faith on the part of the parties to
the documents and their respective officers, employees, agents and (with the exception of Arthur Cox LLP) advisers.

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*No other information and compliance* 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.18 That the Registration Statement and the documents contemplated therein and the forms attached as exhibits
thereto relating to the issuance and sale of the Securities are the only documents relating to the subject matter of this transaction and that there are no agreements or arrangements in existence between the parties to the documents contemplated by
the Registration Statement which in any way amend or vary the terms of the Registration Statement or in any way bear upon or are inconsistent with the opinions stated herein.

*Authority, Capacity, Execution and Enforceability* 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.19 The filing of the Registration Statement and the execution delivery and performance of the Securities and the
Guarantees (i) does and will not contravene the laws of any jurisdiction outside Ireland; (ii) does not and will not result in any breach of any agreement, instrument and obligation to which any party thereto is a party and (iii) will
not be illegal or unenforceable by virtue of the laws of that jurisdiction.

4. **Qualifications** 

The opinions set out in this Opinion are subject to the following reservations:

*Enforcement and binding effect* 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.1 The description of obligations in this opinion as "*enforceable*" refers to the legal character
of the obligations assumed by the relevant party under the relevant instrument. It implies no more than the obligations are of a character which the laws of Ireland recognise and will in certain circumstances enforce. In particular, it does not mean
or imply that the relevant instrument will be enforced in all circumstances in accordance with its terms or by or against third parties or that any particular remedy will be available. In particular (without limiting the foregoing):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) the binding effect and enforceability of the obligations of the Company contemplated under the Registration
Statement, any of the Securities or the Guarantees may be limited by liquidation, insolvency, bankruptcy, receivership, court protection, examinership, moratoria, reorganisation, reconstruction, company voluntary arrangements, fraud of creditors,
fraudulent preference of creditors or similar laws whether in Ireland or elsewhere affecting creditors' rights generally;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) the binding effect and enforceability of the obligations of the Company under the Guarantees or any of the
Securities may also be limited as a result of the provisions of the laws of Ireland applicable to contracts held to have become frustrated by events happening after their execution, and any breach of the terms of any document by the party seeking to
enforce such document;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) enforcement may be limited by general principles of equity. In particular, equitable remedies are not available
where damages are considered to be an adequate remedy; the remedy of specific performance is discretionary and will not normally be ordered in respect of a monetary obligation; and injunctions are granted only on a discretionary basis and
accordingly we express no opinion on such matters;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) claims may become barred under the Statute of Limitations 1957 or may be or become subject to the defence of set-off or counterclaim;

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) enforcement will be subject to, netting, claims and attachment and any other rights of another party to a
contract; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f) enforcement may be limited by reason of fraud.

*Sanctions* 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.2 If a holder of a Company Equity Security is, or any payment pursuant to any Company Equity Security is made to,
by or in respect of, a person that is controlled by or otherwise connected with a person (or is itself) resident in, incorporated in or constituted under the laws of a country which is the subject of United Nations, European Union or Irish sanctions
or sanctions under the Treaty on the Functioning of the European Union, as amended, or is otherwise the target of any such sanctions, then obligations to that party under the relevant Guarantee or Security or in respect of any payment pursuant to
any Security or Guarantee may be unenforceable or void.

Yours faithfully,

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| |
|:---|
| /s/ Arthur Cox LLP |
| **ARTHUR COX LLP** |

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## Exhibit 23.1

**EXHIBIT 23.1** 

CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

We hereby consent to the incorporation by reference in this Registration Statement on Form S-3 of Linde plc of our report dated February 28, 2022 relating to the financial statements and the effectiveness of internal control over financial reporting, which appears in Linde plc's Annual Report on Form 10-K for the year ended December 31, 2022.

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| |
|:---|
| /s/ PricewaterhouseCoopers LLP |
| Stamford, CT |
| March 1, 2023 |

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