LINDE PLC

The proposal requests that the Board adopt and publish a report outlining if and how Linde could develop a renewable electricity procurement policy covering procurement criteria, how interim and long-term targets will be set aligned with decarbonization frameworks, and how the policy will be governed, implemented, and reviewed. The proponent argues Linde is a major electricity consumer with material exposure to energy availability, cost volatility, and emissions, and that current disclosures conflate active procurement with passive grid attribution. The report is intended to improve transparency on active renewable procurement (e.g., PPAs), clarify progress toward the Company’s low-carbon energy targets, and help investors assess climate-related and energy-market risks. The supporting statement cites peer practice and expert guidance as precedents for adopting a formal procurement policy.