FACTSHEET FACTSHEET 1 2 Stock orders Free shares What type of stock order should I choose?What are the benefits? The stock market is a regulated market that brings together companies Air Liquide regularly issues free shares with funding requirements and investors, including individual investors. to all of its shareholders. Shares are bought or sold through a stock order. Understanding the stock marketGrow your number FIGURES of dividend-paying shares FOCUS ON SHARE ID SHEET For all shareholders, free share attributions enable you to expand your YOU KEEP portfolio over time. THE SAME BENEFITS Air Liquide share as at In addition to passing on approximately 50% of profits to shareholders by December 31, 2017 (a) paying dividends, Air Liquide distributes a portion of its retained earnings Free shares have the same character- Provides informationFinance Continuous trading on EURONEXT to shareholders in the form of free shares. These are free shares attributed istics as the shares they are derived Vote at the AnnualParis (COMPARTMENT A)in proportion to the number of shares you already hold. from: Pays a dividend General MeetingValue Code: (a) Past undistributed net profits. • loyalty bonus ISIN FR0000120073 • seniority Par value: €5.50 • voting rights INVESTORSNumber of shares: • dividend rights 428,397,550 shares Closing price: €105.05Benefit from an additional Market capitalization: €45bn 10% of free shares Weighting in the CAC 40 index: Share trading3.87%If you hold your registered shares for more than two full calendar years, Weighting in the EURO STOXX 50 the loyalty bonus gives you a 10% increase in the number of free shares (b) INSTITUTIONALINDIVIDUALindex: 1.88%you will receive . FIGURES INVESTORSINVESTORSFor example, in the attribution in 2017, one free share was given for every 10 shares held, each shareholder who owned 100 shares received REGULAR 10 new shares. Shareholders eligible for the loyalty bonus received ATTRIBUTION an additional free share. Free shares have already been distri- (b) In accordance with Air Liquide’s articles of association. buted 29 times by the Group. The last Choosing the right stock orderPLUS attribution took place in October 2017. To trade on the stock exchange, you can place an order with your regular financial REDUCED BROKERAGE intermediary or directly with Air Liquide if you are a direct registered shareholder. RATE The most frequently used stock orders are as follows: Direct registered shareholders, when 1 “Limit price” order 2 “Best price” order 3 “Market price” orderplacing your orders online via your per- You set a maximum buy or You did not specify an exact There is no price limit on this (a) sonal online account , you have the minimum sell order (limit). price. The order will be exe-order. This order is given option to benefit from a reduced broker- The buy order is executed cuted at the best price avai-priority over all other types age rate of 0.10% before tax instead of only when the market price is lable when it reaches the of orders. It is fully executed.0.18% before tax for purchases paid in lower than or equal to this limit market, for both buy and sell (b)GOOD TO KNOW full by SEPA automatic debit or by bank and the sell order when the orders. The order may be par-(c) card , as well as for sales. Fractional rights must be included in your total sales when paying your capital gains tax. The market price is higher than or tially executed if the quantity equal to this limit. The order of negotiable shares on the (a) Subject to having signed an account amounts received are taxable from the first euro. They are included on your Tax Reporting may be partially executed if the market is not available at this agreement. Only applicable to accounts with full ownership. Form (IFU). They are not subject to a tax deduction relating to their seniority (see factsheet 3). quantity of negotiable shares best price.(b) Only if the account is domiciled on the market is not available in the SEPA zone. Do not forget to include them on your tax return. (c) For purchases below €3,000. at the set limit price. 30 31