Fourth Quarter 2023 Earnings Report

Global End Market Trends 4Q 2023 End Market % of Sales (1) & YoY Trend YoY Sales (2) Growth Consumer Related End Markets (More Resilient) Healthcare Linde Seq. Sales (2) Growth 17% +4% +2% Food & Beverage 9% +9% -4% Electronics 9% -4% +3% Industrial Related End Markets (More Cyclical) (1) Excludes Engineering sales Manufacturing 22% +8% -1% Chemicals & Energy 22% +6% -1% Metals & Mining 14% -2% (2) Excludes impact of currency, cost pass-through, acquisitions/divestitures, non-recurring sale of equipment Remaining balance of % of Sales relates to Other sales primarily to distributors, competitors and retail 16 16

View entire presentation