Air Products & Chemicals files proxy materials

TL;DR

APCI filed more proxy docs, no new fee. Standard shareholder stuff.

AI Summary

Air Products and Chemicals, Inc. filed a Definitive Additional Materials proxy statement on December 10, 2024. This filing is related to the company's proxy statement and does not require a new filing fee, as indicated by the 'No fee required' checkbox. The company is incorporated in Delaware and its fiscal year ends on September 30.

Why It Matters

This filing is a routine update to the company's proxy statement, providing additional materials to shareholders for voting purposes. It ensures transparency and compliance with SEC regulations.

Risk Assessment

Risk Level: low — This filing is a standard proxy statement amendment and does not contain new financial information or strategic changes that would inherently increase risk.

Key Players & Entities

• Air Products & Chemicals, Inc. (company) — Registrant
• DEFA14A (document) — Filing type
• Allentown, PA (location) — Company headquarters

FAQ

From the Filing

0001193125-24-273553.txt : 20241210 0001193125-24-273553.hdr.sgml : 20241210 20241209173152 ACCESSION NUMBER: 0001193125-24-273553 CONFORMED SUBMISSION TYPE: DEFA14A PUBLIC DOCUMENT COUNT: 29 FILED AS OF DATE: 20241210 DATE AS OF CHANGE: 20241209 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Air Products & Chemicals, Inc. CENTRAL INDEX KEY: 0000002969 STANDARD INDUSTRIAL CLASSIFICATION: INDUSTRIAL INORGANIC CHEMICALS [2810] ORGANIZATION NAME: 08 Industrial Applications and Services IRS NUMBER: 231274455 STATE OF INCORPORATION: DE FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: DEFA14A SEC ACT: 1934 Act SEC FILE NUMBER: 001-04534 FILM NUMBER: 241536421 BUSINESS ADDRESS: STREET 1: 1940 AIR PRODUCTS BLVD. CITY: ALLENTOWN STATE: PA ZIP: 18106-5500 BUSINESS PHONE: 6104814911 MAIL ADDRESS: STREET 1: 1940 AIR PRODUCTS BLVD. CITY: ALLENTOWN STATE: PA ZIP: 18106-5500 FORMER COMPANY: FORMER CONFORMED NAME: AIR PRODUCTS & CHEMICALS, INC. DATE OF NAME CHANGE: 20220408 FORMER COMPANY: FORMER CONFORMED NAME: AIR PRODUCTS & CHEMICALS INC /DE/ DATE OF NAME CHANGE: 19920703 DEFA14A 1 d902746ddefa14a.htm DEFA14A 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 7, 2024, Air Products and Chemicals, Inc. (the “Company”) posted to its website, voteairproducts.com, the following note: A NOTE CONCERNING THIS LETTER TO SHAREHOLDERS: As some of you may know, since early October of this year, activist investment firm Mantle Ridge LP and certain of its affiliates (collectively, “Mantle Ridge”) have been waging a campaign to take full control of our Board of Directors, nominating candidates for all nine of the positions on our Board. On the afternoon of December 4, 2024, just one day after the Company filed its definitive proxy statement with the Securities and Exchange Commission addressing Mantle Ridge’s campaign, Air Products was notified by Mantle Ridge that it was withdrawing its nomination for election of five of its nine nominees. Mantle Ridge’s last-minute maneuver does not change the facts about our business, the strength of our strategy, and the steps we are already taking to de-risk hydrogen projects and maintain a fresh and independent board, as outlined in the letter below. Therefore, we have kept this letter accessible to shareholders. However, shareholders are advised to read our Supplement to Proxy Statement, dated December 6, 2024, available here in conjunction with the below letter for important additional information relating to Mantle Ridge’s current reduced slate of four director nominees. We look forward to sharing a more comprehensive detailing of why we believe Mantle Ridge’s short-term agenda to seize control of the Company’s leadership, to curtail or eliminate our growth strategy, and to impose its inferior nominees on our Board, would be destructive to shareholder value. On December 9, 2024, the Company posted on its social media accounts and on Google the following advertisements: Air Products Digital Advertisements and Social Posts – 12.9.24 LinkedIn Organic Social Post - Vide