Ad hoc-announcement Ad hoc-announcement pursuant to Article 17 of the Market Abuse Regulation

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Shareholder representatives in the supervisory board recommend termination of talks with Praxair, Inc. about a potential merger

Munich, 12 September 2016 – The shareholder representatives in the supervisory board of Linde AG recommend, in consensus with the CEO of Linde AG, to the management and supervisory board of the company to terminate the preliminary talks with Praxair, Inc. about a potential merger. While the strategic rationale of a merger has been principally confirmed, discussions about details, specifically about Governance aspects, did not result in a mutual understanding.

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