PRESS RELEASE
Paris, August 29, 2025


Information regarding Air Liquide’s assets in Russia
On August 29, 2025, Air Liquide was made aware of the Russian authorities’ decision to place Air Liquide
Group’s Russian assets under state administration.

This decision confers control of Air Liquide’s assets in Russia to the Russian Government, as it has already
done for other entities previously owned by European companies.

Air Liquide takes note of this decision and will examine all available courses of action.

For the record, and as indicated in a press release issued on September 2, 2022, the Group’s activities in
Russia were not consolidated any more since September 1, 2022, and were currently in the process of being
sold. Furthermore, as of December 31, 2022, the Group announced an exceptional provision of - 586 million
euros, with no impact on cash flow, covering the impairment of all the Group’s assets in Russia. Since that
date, there has been no residual financial exposure for the Group in Russia.




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Air Liquide is a world leader in gases, technologies and services for industry and healthcare. Present in 60 countries with
approximately 66,500 employees, the Group serves more than 4 million customers and patients. Oxygen, nitrogen and hydrogen are
essential small molecules for life, matter and energy. They embody Air Liquide’s scientific territory and have been at the core of the
Group’s activities since its creation in 1902.
Taking action today while preparing the future is at the heart of Air Liquide’s strategy. With ADVANCE, its strategic plan, Air Liquide
is targeting a global performance, combining financial and extra-financial dimensions. Positioned on new markets, the Group
benefits from major assets such as its business model combining resilience and strength, its ability to innovate and its technological
expertise. The Group develops solutions contributing to climate and the energy transition — particularly with hydrogen — and takes
action to progress in areas of healthcare, electronics and high technologies.
Air Liquide’s revenue amounted to more than 27 billion euros in 2024. Air Liquide is listed on the Euronext Paris stock exchange
(compartment A) and belongs to the CAC 40, CAC 40 ESG, EURO STOXX 50, FTSE4Good and DJSI Europe indexes.




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