AIR LIQUIDE - myAL myShare 2025 |

1. THE OFFER MYAL MYSHARE 2025⁽¹⁾⁽²⁾

(hypothetical price: the real subscription price will be determined on October 29, 2025)

Reference price

Subscription price (-20%)

(1) L'Air Liquide S.A. is listed on the Paris stock exchange and is included in the CAC 40 index. It issues its shares in euros.
(2) For information, the exchange rate set by L'Air Liquide S.A. for the conversion of the subscription price into local currency is EUR 1 = CAD 1.4572.

2. MY INVESTMENT

I would like to purchase

Total amount of my investment
(based on the subscription price)

Value of my portfolio at the time of subscription
(based on the reference price)

Saving at the time of subscription
(based on the reference price)

3. MY PAYMENT

I would like to pay for my subscription in full upfront

My 2025 estimated annual gross base pay is

My investment ceiling when paying in full upfront⁽³⁾

My total subscription amount

(3) The total of your voluntary payments to the IGSPP and your myAL myShare 2025 subscription cannot exceed 25% of your estimated annual gross base pay in 2025. This ceiling may vary according to local regulations.

I would like to pay for my subscription in several installments (26 by-weekly payroll deductions payments)

My net bi-weekly salary is

My bi-weekly investment ceiling when paying over 26 weeks ⁽⁴⁾

My subscription amount
This amount will be paid on bi-weekly through payroll deductions with no fees.

(4) By 26 bi-weekly payroll deductions over the 12-month period following the delivery of your shares to your shareholder account (minimum CAD 500 and maximum CAD 15,000). Each instalment payment made by salary deduction may not exceed 10% of the bi-weekly net salary.

Focus on the first few years of your investment

2025:

Your shares are registered in direct registered form

2026:

You will receive the first dividend attached to the shares to which you have subscribed⁽⁵⁾

2028:

Your shares become eligible for the loyalty bonus (as of January 1)

2030:

Your shares are unlocked (in December)

(5) Subject to approval by the General Meeting of Shareholders.

Please note before investing

Your investment tracks the Air Liquide share price performance

There is therefore a risk of loss of capital. However, the discount reduces the share purchase price compared with the market price and therefore has an amplifying effect in the event of an increase and a cushioning effect in the event of a decrease in the share price.

Note: if you are resident in a country located outside the euro zone, there is an exchange rate risk. As Air Liquide is listed in euros on the Paris stock market, the value of your investment will vary according to exchange rate fluctuations between the euro and your currency across your investment period. Thus, if the euro appreciates against your currency, the value of the shares in your currency will increase. Conversely, if the euro depreciates against your currency, the value of the shares in your currency will decrease.

Your investment is locked in for five years

However, early release clauses exist and details of these can be found in your country’s local supplement which can be obtained in the “Download documents” section.

After the five-year lock-in period, you may keep your shares in the account opened in your name at Air Liquide or sell all or some of them.

Subscribe
to myAL myShare 2025