Air Products & Chemicals Files Proxy Materials

TL;DR

APCI just dropped more proxy docs, check 'em for shareholder updates.

AI Summary

Air Products & Chemicals, Inc. filed a Definitive Additional Materials proxy statement on January 13, 2025. This filing is related to the company's proxy materials and does not involve a preliminary statement or soliciting material under Rule 14a-12. The company is incorporated in Delaware and its fiscal year ends on September 30.

Why It Matters

This filing indicates that Air Products & Chemicals, Inc. is providing additional proxy materials to shareholders, which may contain important information regarding upcoming shareholder votes or company governance.

Risk Assessment

Risk Level: low — This is a routine filing of additional proxy materials, not indicating any immediate financial or operational risks.

Key Players & Entities

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

FAQ

From the Filing

0001193125-25-004979.txt : 20250113 0001193125-25-004979.hdr.sgml : 20250113 20250113073238 ACCESSION NUMBER: 0001193125-25-004979 CONFORMED SUBMISSION TYPE: DEFA14A PUBLIC DOCUMENT COUNT: 12 FILED AS OF DATE: 20250113 DATE AS OF CHANGE: 20250113 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: 25524815 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 d918583ddefa14a.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 January 12, 2025, Air Products and Chemicals, Inc. (the “Company”) posted the following letter to its website, https://www.voteairproducts.com/: Vote “For” Only Air Products’ Highly Qualified Director Nominees on the WHITE Proxy Card DO NOT LET MANTLE RIDGE IMPEDE OUR SIGNIFICANT PROGRESS TO DELIVER SUPERIOR LONG-TERM SHAREHOLDER VALUE. Dear Fellow Shareholder, Your vote at Air Products’ upcoming Annual Meeting of Shareholders on January 23, 2025, is critical to the future of our Company. • Our team is seizing on the significant, growing market demand for clean hydrogen, which represents a natural extension of our leading and successful core industrial gas model. Major offtakes we have announced and are negotiating validate our clean hydrogen strategy. • The long-term strategy outlined by the Board and Management team stands in sharp contrast to Mantle Ridge’s short-termism and lack of a plan. Their failure to present any coherent ideas shows how destructive their nominees would be for our Company and the grave risk they would represent for our shareholders. • Our future success depends on overseeing an orderly transition of our CEO, Seifi Ghasemi, with someone with strong public company experience, as well as the skills and industry relationships required for this role. Our management team, actively overseen by our Board of Directors, continues to successfully execute our two-pillar strategy to grow our core industrial gas business while capitalizing on our first-mover advantage in the clean hydrogen market – a tremendous growth opportunity now and well into the future. Industry analysts and experts have taken note: “With FYSep25 guidance out of the way, we now see a conservative setup, supportive of beats/raises through the year. APD has stopped work on its controversial TX green H2 project and is focused on signing offtakes for t