Air Liquide Announces Share Buyback Agreement

On February 23, 2026, Air Liquide signed a share repurchase agreement with an investment services provider under its Share Buyback Program. This initiative was approved during the Combined Shareholders’ Meeting of May 6, 2025, and later implemented by the Board of Directors on September 30, 2025, with an amendment on February 19, 2026.

The agreement sets a buyback volume of 964,000 shares, equivalent to 0.17% of Air Liquide's share capital as of December 31, 2025. The maximum unit price per share is capped at 300 euros, as decided by previous meetings. The initial purchase price is set at 175.56 euros per share, corresponding to the closing market price before the agreement, resulting in an initial total expenditure of 169,239,840 euros.

The bought-back shares will partly be canceled and partly allocated for performance share plans.