Group profile CONTENTS in pictures The Air Liquide PORTRAITS OF SHAREHOLDERS FOR THIS FOURTH SEASON, SHAREHOLDERS EXPLAIN group WHY THEY INVEST IN THE AIR LIQUIDE GROUP The world leader in gases, technologies and services for They choose Air Liquide so they can: Industry and Health, Air Liquide is present in 80 countries with approximately 65,000 employees and serves more than 3.5 million Participate07 Address 17 Benefit 25 customers and patients. Oxygen, nitrogen and hydrogen are in a world leader’s new challenges from long-term essential small molecules for life, matter and energy. They industrial adventure performance embody Air Liquide’s scientific territory and have been at the core of the Company’s business since its creation in 1902. Air Liquide's ambition is to lead its industry, deliver long-term performance and contribute to sustainability. The Company’s customer-centric transformation strategy aims at profitable growth over the long term. It relies on operational excellence, selective investments, open innovation and a network organization implemented by the Group worldwide. Through the commitment and inventiveness of its people, Air Liquide leverages energy and environmental transition, changes in healthcare and digitization, Christophe - Shareholder who likes Léa - Budding shareholder who wants Armand - Shareholder and everyday and delivers greater value to all its stakeholders.to give things time to broaden her horizons ambassador of Air Liquide Air Liquide’s revenue amounted to €20.3 billion in 2017 and its solutions that protect life and the environment represented more Contribute37 Cultivate 45 Pass on 59 than 40% of sales. Air Liquide is listed on the Euronext Paris stock On the cover to sustainabilitya relationship the shareholder culture exchange (compartment A) and belongs to the CAC 40, EURO based on trust STOXX 50 and FTSE4Good indexes. FIND THE DIGITAL VERSION OF THIS GUIDE AT: airliquide.com/more-2018 FIND THE SHAREHOLDERS SECTION AT: airliquide.com/shareholders Air Liquide and I... We share a will to act. Manon - Values-oriented shareholder Claudine - Shareholder who knows Florian - Shareholder from one I chose Air Liquide shares how to speak up generation to the next as I believe they are Free copy. The information included in this Document is as at February 27, 2018. L’Air Liquide SA - Company the best way to place established for the study and application of processes developed by Georges Claude with issued capital my savings at the of 2,356,439,277.50 euros. Head Office: 75, quai d’Orsay - 75321 Paris Cedex 07 - France. Trade and service of meaningful Companies Register no. 552 096 281 / airliquide.com. PUBLISHED BY THE AIR LIQUIDE CORPORATE projects, associated COMMUNICATION DEPARTMENT IN ASSOCIATION WITH SHAREHOLDER SERVICES. Photo with everyday life. FACTSHEETSTo guide you through And access augmented reality content credits: Thomas Laisné/La Company, Jakob Helbig/Offset, Air Liquide Advanced Business and Tech-I am proud to be part formalities, you will find on your smartphone or tablet via the nologies, Luc Deflorenne/Courtoisie Transalliance, Jean-Philippe Mesguen, Mourad Mokrani, scanrail/ of this adventure. factsheets throughout "Actionnaire +" app by scanning pages iStockphoto.com, Pierre-Emmanuel Rastoin, Future Biogas Ltd, Gilles Leimdorfer, Agnieszka Olek/ this document. that contain this icon. Caiaimage/Getty Images. Consulting, editorial, design and production: EXTREMEClaire , 58 - Confident and proud Note: Past performances of Air Liquide’s share are not a guarantee of future results.shareholder (Index on the last page)

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