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

From the Filing

0001193125-24-285932.txt : 20241227 0001193125-24-285932.hdr.sgml : 20241227 20241227161525 ACCESSION NUMBER: 0001193125-24-285932 CONFORMED SUBMISSION TYPE: DEFA14A PUBLIC DOCUMENT COUNT: 7 FILED AS OF DATE: 20241227 DATE AS OF CHANGE: 20241227 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: 241585899 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 d886660ddefa14a.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 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 15