Improved Performance Step-up in sales growth in 2nd half Improved Operating Margin(1) Excluding Energy Impact 5% +70bps 4% 4% 3% 3% 17% 16.8% Excl. energy impact 2% 2% 16.5% As published 1% 1% 16% 16.1% 0% 0% 2016 2017 Q1 17 Q2 17 Q3 17 Q4 17 Comparable sales growth Group 15% Gas & Services 2016 2017 (1) Group margin vs. 2016 adjusted group margin 5 15 February 2018 Full Year 2017 Results The world leader in gases, technologies and services for Industry and Health