Combined Shareholders’ Meeting of May 4, 2011

May 4, 2011

The Combined Shareholders’ Meeting was attended by 5,099 people, on Wednesday, May 4, at the Palais des Congrès in Paris.

The Combined Shareholders’ Meeting, chaired by Benoît Potier, Chairman and Chief Executive Officer of the Company, in the presence of the members of the Board of Directors, was attended by 5,099 people, on Wednesday, May 4, at the Palais des Congrès in Paris. The shareholders, representing 50.18% of the voting rights, i.e., 145,644 shareholders present or represented, approved all of the proposed resolutions.

The proposed dividend, with an ex date of May 11 and payment date of May 16, was approved: it is fixed at €2.35 per share, up +11.4% taking notably into account the free share allocation issued on May 28, 2010. Shares held in registered form continually from December 31, 2008 until May 16, 2011, the payment date of the dividend, will be granted a 10% bonus dividend of €0.23 per share.

The Meeting renewed the terms of office of Mr. Gérard de La Martinière and Mr. Cornelis van Lede, and appointed Ms. Siân Herbert-Jones, Chief Financial Officer, member of the Executive Committee of the Sodexo group, as director, for a period of four years.

The Board of Directors is currently comprised of 13 members, including 3 women, and 5 nationalities. 10 of its members are independent. The Board offers a variety of complementary experiences, nationalities and cultures and reflects the policy of diversity pursued by the Group.

At the meeting which was held following the Combined Shareholders’ Meeting, the Board of Directors renewed the term of office of Mr. Pierre Dufour as Senior Executive Vice-President for a period of three years.

Commenting on the 2010 financial year and the outlook for growth within the strategic ALMA 2015 program, Benoît Potier, Chairman and CEO, stated:

“Air Liquide has quickened its pace since the crisis. The Group consolidated its market positions while strengthening its financial solidity. The new momentum, spurred by the ALMA 2015 program, will allow the Group to seize growth opportunities and accelerate its long-term development.

Thanks to the loyalty of its shareholders, the expertise of the company and its employees in serving customers, the Air Liquide Group can continue to look to the future with confidence.”

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