Praxair Postpones 2018 Annual Meeting of Shareholders Given Pending Business Combination of Praxair and Linde AG

January 29, 2018

DANBURY, Conn.–(BUSINESS WIRE)–The Board of Directors of Praxair, Inc. (NYSE:PX) has postponed the 2018
Annual Meeting of Shareholders given Praxair’s proposed business
combination with Linde AG (“Linde”) pursuant to the Business Combination
Agreement dated as of June 1, 2017, as amended, among Praxair, Linde,
Linde plc and certain of their subsidiaries.

The 2018 Annual Meeting would be held on or about April 24, 2018, but
because Praxair and Linde anticipate that the transaction will close in
the second half of 2018, the Praxair Board determined that the Annual
Meeting should be postponed. A postponed Annual Meeting would be held
(and the meeting date, record date and related dates for stockholder and
proxy access proposals announced) later in 2018 only if the business
combination with Linde is not consummated.

About Praxair

Praxair, Inc. is a leading industrial gas company in North and South
America and one of the largest worldwide.
With market capitalization of approximately $40 billion and 2017 sales
of $11 billion, the company employs over 26,000 people globally and has
been named to the Dow Jones® World Sustainability Index for 15
consecutive years. Praxair produces, sells and distributes atmospheric,
process and specialty gases,
and high-performance surface
coatings. Our products, services
and technologies are making our planet more productive by
bringing efficiency and environmental benefits to a wide variety of industries,
including aerospace,
chemicals,
food
and beverage, electronics,
energy,
healthcare,
manufacturing, primary metals
and many others. For more information about the company, please visit
our website at www.praxair.com.