Fourth Quarter 2023 Earnings Report

High-Quality Project Backlog $8.5B SOP Backlog (¹) $3.6B SOG Backlog (2) $4.9B Linde Geography APAC 30% EMEA 8% AMERICAS 62% End Market ✓ Contractual growth Secure cash flow Double-digit IRR High-quality customers Primarily engineering and procurement services Contractual growth ✓ Secure cash flow ✓ Double-digit IRR ✓ High-quality customers Chemicals 38% Metals & Mining 12% Electronics 29% Energy 3% Manufacturing 18% Clean Energy ✓ Increases network density Other 63% Clean Energy 37% (1) 3rd party sale of plant backlog. Represents future sales, secured under a signed agreement (2) Sale of gas backlog. Represents project investments (CAPEX), supported by a long-term supply agreement 17

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