Air Products & Chemicals Files Proxy Materials

TL;DR

APCI filed proxy docs, no fee. Shareholders get info.

AI Summary

Air Products and Chemicals, Inc. filed a Definitive Additional Materials proxy statement on December 27, 2024. This filing is related to the company's proxy materials and does not involve a fee, as indicated by the 'No fee required' checkbox. The filing is an amendment to previous materials, as suggested by the 'Amendment No.' field being present.

Why It Matters

This filing provides shareholders with important information regarding the company's governance and voting matters, which is crucial for their participation in corporate decisions.

Risk Assessment

Risk Level: low — This is a routine proxy filing and does not contain new financial information or strategic changes that would typically indicate higher risk.

Key Players & Entities

• Air Products & Chemicals, Inc. (company) — Registrant
• 1940 AIR PRODUCTS BLVD. (location) — Business Address
• ALLENTOWN (location) — City
• PA (location) — State
• 18106-5500 (location) — ZIP Code

FAQ

Key Financial Figures

• $44B — ed more than Grown Delivered a Returned $44B ~11% ~9% $11.5B of shareholder value2 c
• $11.5B — rown Delivered a Returned $44B ~11% ~9% $11.5B of shareholder value2 compound annual a
• $6 — s >70% Air Products only represents 20% $6T Heavy industry accounts for ACWA Power
• $800 m — worlds to bring this facility on stream $800 million, significantly less by 2050 is po
• $642B — irst movers and compliance requirements $642B $1.4T MARKET REVENUE OPPORTUNITY Source
• $1.4 — overs and compliance requirements $642B $1.4T MARKET REVENUE OPPORTUNITY Source: Del
• $25.2B — ucts.com for reconciliation 2. Based on $25.2B market capitalization on June 30, 2014

Filing Documents

• d886660ddefa14a.htm (DEFA14A) — 21KB
• g886660g01m01.jpg (GRAPHIC) — 442KB
• g886660g02m02.jpg (GRAPHIC) — 214KB
• g886660g03m03.jpg (GRAPHIC) — 315KB
• g886660g04m04.jpg (GRAPHIC) — 290KB
• g886660g05m05.jpg (GRAPHIC) — 324KB
• g886660g1226204221825.jpg (GRAPHIC) — 3KB
• 0001193125-24-285932.txt ( ) — 2210KB

From the Filing

DEFA14A UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No. ) Filed by the Registrant Filed by a party other than the Registrant CHECK THE APPROPRIATE BOX: Preliminary Proxy Statement Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) Definitive Proxy Statement Definitive Additional Materials Soliciting Material under 240.14a-12 Air Products and Chemicals, Inc. (Name of Registrant as Specified In Its Charter) (Name of Person(s) Filing Proxy Statement, if other than the Registrant) PAYMENT OF FILING FEE (CHECK ALL BOXES THAT APPLY): No fee required Fee paid previously with preliminary materials Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11 On December 27, 2024, Air Products and Chemicals, Inc. mailed the following brochure to its shareholders and posted the same to its website, https://www.voteairproducts.com/: Investing in our core industrial Executing on gas business our growth Capitalizing on first-mover advantage in clean hydrogen strategy Returning capital to shareholders Maximizing long-term shareholder value Air Products Is the Safest and Most Profitable Industrial We Are Delivering Value Through a Balanced Gas Company in the World Based on Adjusted EBITDA Two-Pillar Growth Strategy Margin1 The Air Products Board has the skills, experience and expertise to oversee the successful execution Over ten years ago, our Board of Directors and CEO Seifi Ghasemi began a process to transform of our two-pillar growth strategy to grow our core industrial gas business while capitalizing on our Air Products to create significant value for shareholders. Since FY 2014 we have: first-mover advantage in the clean hydrogen market and driving value creation. Created more than Grown Delivered a Returned $44B ~11% ~9% $11.5B of shareholder value2 compound annual adjusted EPS compound annual of cash to shareholders dividend growth rate growth rate1 Core Clean Industrial Hydrogen Gases Air Products Has a Long History of Shareholder Value Creation CORE INDUSTRIAL GAS BUSINESS CLEAN HYDROGEN BUSINESS AIR PRODUCTS STOCK HISTORY Delivering long-term adjusted EPS growth1 Meaningful first-mover advantage in a 400.00 and industry-leading adjusted EBITDA significant growth market 350.00 margin1 Based on traditional on-site business 300.00 On-site contracts require payment model pioneered by Air Products 250.00 regardless of whether customer takes Projects anticipated to be at or above our product, underpinning business stability 200.00 core industrial gas return levels; pursuing Strong cash generation fuels continued strategic equity partnership and project 150.00 increases in our dividend and strategic financing to offset capex deployment 100.00 capital expenditures Demand already high and growing, driven 50.00 Focus remains on delivering proven by global decarbonization regulations reliability, significant efficiency and 0.00 Disciplined capital allocation to 01/21/72 12/20/24 productivity benefits for our de-risk clean hydrogen projects global customers Clean Hydrogen Is the Future and We Are NEOM Green Hydrogen Project Demonstrates Leading the Way Our Clean Hydrogen Strategy in Action Hydrogen plays a critical role in the energy transition and in mitigating the effects of climate change, and clean hydrogen will be essential to decarbonizing hard-to-abate processes like steelmaking and chemicals processing. NEOM is a joint venture of Construction is >70% Air Products only represents 20% $6T Heavy industry accounts for ACWA Power, Air Products and complete, and we are on track 1/3rd share of the equity at reduction in global emissions savings in the cost of the ~30% NEOM to establish the worlds to bring this facility on stream $800 million, significantly less by 2050 is possible if hydrogen energy transition by utilizing of COâ,, emissions, which we largest green hydrogen-based at the end of 2026 than initially planned ammonia production facility is utilized to decarbonize hydrogen to decarbonize have the opportunity to run on renewable energy heavy-duty transportation heavy-duty transportation decarbonize with clean and heavy industry3 and heavy industry3 hydrogen4 NEOM GREEN HYDROGEN PROJECT BY THE NUMBERS CLEAN HYDROGEN IS A TRILLION DOLLAR MARKET OPPORTUNITY Air Products only needs to capture a small amount of the available market to generate substantial value. #1 100% ~4 GW 2050 Decarbonization of pioneering green hydrogen renewable energy renewable power hard-to-abate sectors project (heavy industry and Iron & Steel 2030 heavy-duty transportation) Diversified Industrial A 598 B Already >1,000ktpa of public MtH Transportation 2eq Up to 600 tonnes Up to 1.2M tonnes tenders for clean hydrogen Power carbon-free hydrogen produced per day of ammonia exported per annum

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View this DEFA14A filing on SEC EDGAR