Praxair Recognized for Exceptional Performance by The Wall Street Journal and Forbes

December 18, 2017

DANBURY, Conn.–(BUSINESS WIRE)–$PX—Praxair,
Inc. (NYSE: PX) announced it was recently named to The Wall Street
Journal’s Management Top 250 as well as the Forbes JUST 100, recognizing
the company for its exceptional performance.

The Wall Street Journal’s Management Top 250 list (http://on.wsj.com/2it5yTn)
recognizes the most effectively-managed companies in the United States
based on customer satisfaction, employee engagement and development,
innovation, social responsibility and financial strength. Praxair ranked
100 on the list and fifth in its sector. These metrics reflect the
teachings of the late Peter Drucker, a renowned business leader and Wall
Street Journal columnist who favored a holistic approach to evaluating
business management performance. Each company listed in the Management
Top 250 represents one of the highest scorers out of the 608 U.S.
companies reviewed.

Praxair was also named to Forbes Magazine’s JUST 100, a list of
America’s most JUST companies. The company was selected as the top
performer in the chemical sector and was ranked 31st overall.
Praxair was one of 10 companies ranked first among all sectors in the
"Products” segment, which includes criteria such as: Makes Products that
are Beneficial to Health, Environment or Society; Makes Quality Products
and Provides Fair Pricing. Praxair was also recognized for outperforming
its chemical sector peers on such criteria as Commitment to Work-Life
Balance, Environmentally Responsible Management, Commitment to Labor and
Human Rights, Local Sourcing and others. The list was compiled by JUST
Capital, a non-profit that analyzes and ranks corporate behavior and
performance according to what the American people identify as most
important. For the complete 2017 JUST 100 list, visit: www.forbes.com/just100.

“Praxair is focused on driving operational performance and our success
stems from our commitment to ethical business behavior, sustainability,
and social awareness,” said Anne Roby, senior vice president, Praxair,
Inc. “We are proud to be recognized for this performance and thank our
employees for their dedication to our core values.”

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 2016 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.