Better Economic Environment Step-up in IP growth, expected to stabilize in 2018 Negative FX Impact(1) Industrial Production Year on Year in % (3-month rolling average) -1.6% -5.4% FY 2017 Q4 2017 Low Energy impact in Q4(1) +1.5% +0.5% FY 2017 Q4 2017 (1) On Group sales, based on 2016 adjusted sales 13 15 February 2018 Full Year 2017 Results The world leader in gases, technologies and services for Industry and Health

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