Linde De-captivates Air Separation Unit and Extends Agreement with China
South Steel, Member of China Baowu Steel Group

EQS-News: Linde plc / Key word(s): Miscellaneous
Linde De-captivates Air Separation Unit and Extends Agreement with China
South Steel, Member of China Baowu Steel Group

23.04.2024 / 11:59 CET/CEST
The issuer is solely responsible for the content of this announcement.

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Linde De-captivates Air Separation Unit and Extends Agreement with China
South Steel, Member of China Baowu Steel Group

Woking, UK, April 23, 2024 - Linde (Nasdaq: LIN) announced today it has
signed two agreements with China South Steel, a member of the China Baowu
Steel Group Corporation, one of the world's largest steel enterprises.

Linde has signed an agreement to de-captivate an air separation unit (ASU)
at China South Steel's plant in Shaoguan, Guangdong Province. Linde already
owns and operates five on-site ASUs to supply industrial gases to China
South Steel in Shaoguan and will now de-captivate and upgrade a sixth. The
agreement brings Linde's total on-site production capacity in Shaoguan to
approximately 130,000 cubic meters per hour.

In addition to the de-captivation, Linde has extended its long-term
agreement with China South Steel for the supply of industrial gases at
Shaoguan. Linde's industrial gases complex also meets demand from Linde's
local merchant customers.

"Linde's track record of operational excellence over the past 25 years makes
it an ideal partner for the safe, efficient and reliable supply of essential
industrial gases to our steel production site," said Mr. Lai Xiaomin, Member
of the Party Standing Committee of Baowu Group Zhongnan Iron & Steel Co.,
Ltd, and President of Guangdong Zhongnan Iron & Steel Co., Ltd. "These
agreements support our transformation program by securing supply while
optimizing our structure."

"Linde's gases play an important role in steel manufacturing, helping to
make our customers more efficient and productive. We are proud to deepen our
existing long-standing relationship between Linde and China South Steel,"
said Will Li, President Greater China, Linde. "This high-quality investment
meets our strict investment criteria, secures future growth and enhances
Linde's network density in one of China's largest regional economies."

About Linde

Linde is a leading global industrial gases and engineering company with 2023
sales of $33 billion. We live our mission of making our world more
productive every day by providing high-quality solutions, technologies and
services which are making our customers more successful and helping to
sustain, decarbonize and protect our planet.

The company serves a variety of end markets such as chemicals & energy, food
& beverage, electronics, healthcare, manufacturing, metals and mining.
Linde's industrial gases and technologies are used in countless applications
including production of clean hydrogen and carbon capture systems critical
to the energy transition, life-saving medical oxygen and high-purity &
specialty gases for electronics. Linde also delivers state-of-the-art gas
processing solutions to support customer expansion, efficiency improvements
and emissions reductions.

For more information about the company and its products and services, please
visit www.linde.com

     Contacts:
     Investor Relations              Media Relations
     Juan Pelaez                     Anna Davies
     Phone: +1 203 837 2213          Phone: +44 1483 244705
     Email: juan.pelaez@linde.com    Email: anna.davies@linde.com

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23.04.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS
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The issuer is solely responsible for the content of this announcement.

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   Language:       English
   Company:        Linde plc
                   Forge, 43 Church Street West
                   GU21 6HT Woking, Surrey
                   United Kingdom
   Phone:          +1-203-837-2210
   E-mail:         Investor_Relations@Linde.com
   Internet:       www.linde.com
   ISIN:           IE000S9YS762
   Listed:         Nasdaq
   EQS News ID:    1885999

End of News EQS News Service
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1885999 23.04.2024 CET/CEST