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AIR LIQUIDE SA 2024-2025 Proxy Voting Records

Compiled from SEC Form N-PX filings. Page generated 02 October 2026.

55Reported items
153Asset managers
9,273Fund votes
2025-05-06Meeting date

Proxy season: 2023-2024 2024-2025 2025-2026

Explore AIR LIQUIDE SA in the interactive database Compare manager voting policies

How asset managers voted at the AIR LIQUIDE SA 2024-2025 meeting

Each item below shows how the 153 asset managers that disclosed a AIR LIQUIDE SA vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report. These are reported items, not a count of the ballot: fund filings describe one ballot item in different words. Two descriptions are shown as one item only on evidence — the same text (or one cut short of the other), the same director nominee, or a match to the same row of AIR LIQUIDE SA’s own Form 8-K tally — never because they merely read alike. A description that could not be joined that way is listed on its own, so one ballot item can appear more than once.

1. Approve Compensation of Francois Jackow, CEO

COMPENSATION

Combines 3 wordings of this item as funds reported it.

99% fund support · no official result

FOR 99%

The 92 asset managers below cast 99% of the shares they voted on this item FOR (63,865,968 for, 689,896 against).

FOR: 63,865,968 (98.9%)AGAINST: 689,896 (1.1%)

Largest asset managers voting on “Approve Compensation of Francois Jackow, CEO” at AIR LIQUIDE SA, 2024-2025
Asset manager	For	Against	Vote
Vanguard	16,179,521	143,556	For
Fidelity	13,292,587	0	For
MFS	5,949,666	0	For
JPMorgan	5,327,138	0	For
Capital Group	4,371,734	0	For
BlackRock	2,478,546	0	For
Walter Scott & Partners Ltd	1,993,149	0	For
T. Rowe Price	1,698,863	0	For
TIAA	1,637,592	0	For
State Street	1,636,978	0	For
Dimensional	840,609	0	For
BNY Mellon	750,388	0	For
Artisan	706,501	0	For
EUPAC FUND	627,200	0	For
Desjardins Global Asset Management Inc.	0	491,896	Against
American Century	461,602	0	For
Equitable	441,884	0	For
Thornburg	405,789	0	For
New York Life	361,263	0	For
Goldman Sachs	340,385	0	For
Invesco	328,285	0	For
DWS	324,056	0	For
Lincoln Financial	296,544	0	For
WisdomTree	213,247	0	For
Columbia Threadneedle	212,153	0	For

Showing the 25 largest of 92 asset managers. See all 92 in the interactive database.

2. Approve Compensation of Benoit Potier, Chairman of the Board

COMPENSATION

Combines 3 wordings of this item as funds reported it.

99.1% fund support · no official result

FOR 99.1%

The 91 asset managers below cast 99.1% of the shares they voted on this item FOR (64,008,094 for, 546,340 against).

FOR: 64,008,094 (99.2%)AGAINST: 546,340 (0.8%)

Largest asset managers voting on “Approve Compensation of Benoit Potier, Chairman of the Board” at AIR LIQUIDE SA, 2024-2025
Asset manager	For	Against	Vote
Vanguard	16,323,077	0	For
Fidelity	13,292,587	0	For
MFS	5,949,666	0	For
JPMorgan	5,327,138	0	For
Capital Group	4,371,734	0	For
BlackRock	2,478,546	0	For
Walter Scott & Partners Ltd	1,993,149	0	For
T. Rowe Price	1,698,863	0	For
TIAA	1,637,592	0	For
State Street	1,636,978	0	For
Dimensional	840,609	0	For
BNY Mellon	750,388	0	For
Artisan	706,501	0	For
EUPAC FUND	627,200	0	For
Desjardins Global Asset Management Inc.	0	491,896	Against
American Century	461,602	0	For
Equitable	441,884	0	For
Thornburg	405,789	0	For
New York Life	361,263	0	For
Goldman Sachs	340,385	0	For
Invesco	328,285	0	For
DWS	324,056	0	For
Lincoln Financial	296,544	0	For
WisdomTree	213,247	0	For
Columbia Threadneedle	212,153	0	For

Showing the 25 largest of 91 asset managers. See all 91 in the interactive database.

3. Approve Remuneration Policy of CEO

COMPENSATION

99.6% fund support · no official result

FOR 99.6%

The 88 asset managers below cast 99.6% of the shares they voted on this item FOR (56,370,895 for, 198,000 against).

FOR: 56,370,895 (99.6%)AGAINST: 198,000 (0.4%)

Largest asset managers voting on “Approve Remuneration Policy of CEO” at AIR LIQUIDE SA, 2024-2025
Asset manager	For	Against	Vote
Vanguard	16,179,521	143,556	For
Fidelity	13,292,587	0	For
MFS	5,949,666	0	For
Capital Group	4,371,734	0	For
BlackRock	2,478,546	0	For
T. Rowe Price	1,698,863	0	For
TIAA	1,637,592	0	For
State Street	1,636,978	0	For
Dimensional	840,609	0	For
BNY Mellon	750,388	0	For
Artisan	706,501	0	For
EUPAC FUND	627,200	0	For
American Century	461,602	0	For
Equitable	441,884	0	For
Thornburg	405,789	0	For
New York Life	361,263	0	For
Goldman Sachs	340,385	0	For
Invesco	328,285	0	For
DWS	324,056	0	For
Lincoln Financial	296,544	0	For
WisdomTree	213,247	0	For
Columbia Threadneedle	212,153	0	For
Pacific Life	194,676	0	For
Northern Trust	185,500	0	For
Brighthouse	175,624	0	For

Showing the 25 largest of 88 asset managers. See all 88 in the interactive database.

4. Approve Compensation Report of Corporate Officers

COMPENSATION

99.6% fund support · no official result

FOR 99.6%

The 87 asset managers below cast 99.6% of the shares they voted on this item FOR (54,791,240 for, 198,000 against).

FOR: 54,791,240 (99.6%)AGAINST: 198,000 (0.4%)

Largest asset managers voting on “Approve Compensation Report of Corporate Officers” at AIR LIQUIDE SA, 2024-2025
Asset manager	For	Against	Vote
Vanguard	16,179,521	143,556	For
Fidelity	13,292,587	0	For
MFS	5,949,666	0	For
Capital Group	4,371,734	0	For
T. Rowe Price	1,698,863	0	For
TIAA	1,637,592	0	For
State Street	1,636,978	0	For
BlackRock	953,029	0	For
Dimensional	840,609	0	For
BNY Mellon	750,388	0	For
Artisan	706,501	0	For
EUPAC FUND	627,200	0	For
American Century	461,602	0	For
Equitable	441,884	0	For
Thornburg	405,789	0	For
New York Life	361,263	0	For
Goldman Sachs	340,385	0	For
Invesco	328,285	0	For
DWS	324,056	0	For
Lincoln Financial	296,544	0	For
WisdomTree	213,247	0	For
Columbia Threadneedle	212,153	0	For
Pacific Life	194,676	0	For
Northern Trust	185,500	0	For
Brighthouse	175,624	0	For

Showing the 25 largest of 87 asset managers. See all 87 in the interactive database.

5. Approve Remuneration Policy of Chairman of the Board

COMPENSATION

99.9% fund support · no official result

FOR 99.9%

The 87 asset managers below cast 99.9% of the shares they voted on this item FOR (56,489,529 for, 54,444 against).

FOR: 56,489,529 (99.9%)AGAINST: 54,444 (0.1%)

Largest asset managers voting on “Approve Remuneration Policy of Chairman of the Board” at AIR LIQUIDE SA, 2024-2025
Asset manager	For	Vote
Vanguard	16,323,077	For
Fidelity	13,292,587	For
MFS	5,949,666	For
Capital Group	4,371,734	For
BlackRock	2,478,546	For
T. Rowe Price	1,698,863	For
TIAA	1,637,592	For
State Street	1,636,978	For
Dimensional	840,609	For
BNY Mellon	750,388	For
Artisan	706,501	For
EUPAC FUND	627,200	For
American Century	461,602	For
Equitable	441,884	For
Thornburg	405,789	For
New York Life	361,263	For
Goldman Sachs	340,385	For
Invesco	328,285	For
DWS	324,056	For
Lincoln Financial	296,544	For
WisdomTree	213,247	For
Columbia Threadneedle	212,153	For
Pacific Life	194,676	For
Northern Trust	185,500	For
Brighthouse	175,624	For

Showing the 25 largest of 87 asset managers. See all 87 in the interactive database.

6. Approve Remuneration Policy of Directors

COMPENSATION

99.9% fund support · no official result

FOR 99.9%

The 87 asset managers below cast 99.9% of the shares they voted on this item FOR (56,489,529 for, 54,444 against).

FOR: 56,489,529 (99.9%)AGAINST: 54,444 (0.1%)

Largest asset managers voting on “Approve Remuneration Policy of Directors” at AIR LIQUIDE SA, 2024-2025
Asset manager	For	Vote
Vanguard	16,323,077	For
Fidelity	13,292,587	For
MFS	5,949,666	For
Capital Group	4,371,734	For
BlackRock	2,478,546	For
T. Rowe Price	1,698,863	For
TIAA	1,637,592	For
State Street	1,636,978	For
Dimensional	840,609	For
BNY Mellon	750,388	For
Artisan	706,501	For
EUPAC FUND	627,200	For
American Century	461,602	For
Equitable	441,884	For
Thornburg	405,789	For
New York Life	361,263	For
Goldman Sachs	340,385	For
Invesco	328,285	For
DWS	324,056	For
Lincoln Financial	296,544	For
WisdomTree	213,247	For
Columbia Threadneedle	212,153	For
Pacific Life	194,676	For
Northern Trust	185,500	For
Brighthouse	175,624	For

Showing the 25 largest of 87 asset managers. See all 87 in the interactive database.

7. Amend Article 14 of Bylaws to Comply with Legal Changes

CORPORATE GOVERNANCE

100% fund support · no official result

FOR 100%

The 86 asset managers below cast 100% of the shares they voted on this item FOR (54,964,318 for, 0 against).

FOR: 54,964,318 (100.0%)

Largest asset managers voting on “Amend Article 14 of Bylaws to Comply with Legal Changes” at AIR LIQUIDE SA, 2024-2025
Asset manager	For	Vote
Vanguard	16,323,077	For
Fidelity	13,292,587	For
MFS	5,949,666	For
Capital Group	4,371,734	For
T. Rowe Price	1,698,863	For
TIAA	1,637,592	For
State Street	1,636,978	For
BlackRock	953,029	For
Dimensional	840,609	For
BNY Mellon	750,388	For
Artisan	706,501	For
EUPAC FUND	627,200	For
American Century	461,602	For
Equitable	441,884	For
Thornburg	405,789	For
New York Life	361,263	For
Goldman Sachs	340,385	For
Invesco	328,285	For
DWS	324,056	For
Lincoln Financial	296,544	For
WisdomTree	213,247	For
Columbia Threadneedle	212,153	For
Pacific Life	194,676	For
Northern Trust	185,500	For
Brighthouse	175,624	For

Showing the 25 largest of 86 asset managers. See all 86 in the interactive database.

8. Approve Allocation of Income and Dividends of EUR 3.30 per Share

CAPITAL STRUCTURE

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 86 asset managers below cast 100% of the shares they voted on this item FOR (54,964,318 for, 0 against).

FOR: 54,964,318 (100.0%)

Largest asset managers voting on “Approve Allocation of Income and Dividends of EUR 3.30 per Share” at AIR LIQUIDE SA, 2024-2025
Asset manager	For	Vote
Vanguard	16,323,077	For
Fidelity	13,292,587	For
MFS	5,949,666	For
Capital Group	4,371,734	For
T. Rowe Price	1,698,863	For
TIAA	1,637,592	For
State Street	1,636,978	For
BlackRock	953,029	For
Dimensional	840,609	For
BNY Mellon	750,388	For
Artisan	706,501	For
EUPAC FUND	627,200	For
American Century	461,602	For
Equitable	441,884	For
Thornburg	405,789	For
New York Life	361,263	For
Goldman Sachs	340,385	For
Invesco	328,285	For
DWS	324,056	For
Lincoln Financial	296,544	For
WisdomTree	213,247	For
Columbia Threadneedle	212,153	For
Pacific Life	194,676	For
Northern Trust	185,500	For
Brighthouse	175,624	For

Showing the 25 largest of 86 asset managers. See all 86 in the interactive database.

9. Approve Auditors' Special Report on Related-Party Transactions Mentioning the Absence of New Transactions

CORPORATE GOVERNANCE

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 86 asset managers below cast 100% of the shares they voted on this item FOR (54,964,318 for, 0 against).

FOR: 54,964,318 (100.0%)

Largest asset managers voting on “Approve Auditors' Special Report on Related-Party Transactions Mentioning the Absence of New Transactions” at AIR LIQUIDE SA, 2024-2025
Asset manager	For	Vote
Vanguard	16,323,077	For
Fidelity	13,292,587	For
MFS	5,949,666	For
Capital Group	4,371,734	For
T. Rowe Price	1,698,863	For
TIAA	1,637,592	For
State Street	1,636,978	For
BlackRock	953,029	For
Dimensional	840,609	For
BNY Mellon	750,388	For
Artisan	706,501	For
EUPAC FUND	627,200	For
American Century	461,602	For
Equitable	441,884	For
Thornburg	405,789	For
New York Life	361,263	For
Goldman Sachs	340,385	For
Invesco	328,285	For
DWS	324,056	For
Lincoln Financial	296,544	For
WisdomTree	213,247	For
Columbia Threadneedle	212,153	For
Pacific Life	194,676	For
Northern Trust	185,500	For
Brighthouse	175,624	For

Showing the 25 largest of 86 asset managers. See all 86 in the interactive database.

10. Approve Consolidated Financial Statements and Statutory Reports

CORPORATE GOVERNANCE

100% fund support · no official result

FOR 100%

The 86 asset managers below cast 100% of the shares they voted on this item FOR (54,964,318 for, 0 against).

FOR: 54,964,318 (100.0%)

Largest asset managers voting on “Approve Consolidated Financial Statements and Statutory Reports” at AIR LIQUIDE SA, 2024-2025
Asset manager	For	Vote
Vanguard	16,323,077	For
Fidelity	13,292,587	For
MFS	5,949,666	For
Capital Group	4,371,734	For
T. Rowe Price	1,698,863	For
TIAA	1,637,592	For
State Street	1,636,978	For
BlackRock	953,029	For
Dimensional	840,609	For
BNY Mellon	750,388	For
Artisan	706,501	For
EUPAC FUND	627,200	For
American Century	461,602	For
Equitable	441,884	For
Thornburg	405,789	For
New York Life	361,263	For
Goldman Sachs	340,385	For
Invesco	328,285	For
DWS	324,056	For
Lincoln Financial	296,544	For
WisdomTree	213,247	For
Columbia Threadneedle	212,153	For
Pacific Life	194,676	For
Northern Trust	185,500	For
Brighthouse	175,624	For

Showing the 25 largest of 86 asset managers. See all 86 in the interactive database.

11. Approve Financial Statements and Statutory Reports

CORPORATE GOVERNANCE

100% fund support · no official result

FOR 100%

The 86 asset managers below cast 100% of the shares they voted on this item FOR (54,964,318 for, 0 against).

FOR: 54,964,318 (100.0%)

Largest asset managers voting on “Approve Financial Statements and Statutory Reports” at AIR LIQUIDE SA, 2024-2025
Asset manager	For	Vote
Vanguard	16,323,077	For
Fidelity	13,292,587	For
MFS	5,949,666	For
Capital Group	4,371,734	For
T. Rowe Price	1,698,863	For
TIAA	1,637,592	For
State Street	1,636,978	For
BlackRock	953,029	For
Dimensional	840,609	For
BNY Mellon	750,388	For
Artisan	706,501	For
EUPAC FUND	627,200	For
American Century	461,602	For
Equitable	441,884	For
Thornburg	405,789	For
New York Life	361,263	For
Goldman Sachs	340,385	For
Invesco	328,285	For
DWS	324,056	For
Lincoln Financial	296,544	For
WisdomTree	213,247	For
Columbia Threadneedle	212,153	For
Pacific Life	194,676	For
Northern Trust	185,500	For
Brighthouse	175,624	For

Showing the 25 largest of 86 asset managers. See all 86 in the interactive database.

12. Authorize Board to Increase Capital in the Event of Additional Demand Related to Delegation Submitted to Shareholder Vote Above

CAPITAL STRUCTURE

99% fund support · no official result

FOR 99%

The 86 asset managers below cast 99% of the shares they voted on this item FOR (54,216,017 for, 748,301 against).

FOR: 54,216,017 (98.6%)AGAINST: 748,301 (1.4%)

Largest asset managers voting on “Authorize Board to Increase Capital in the Event of Additional Demand Related to Delegation Submitted to Share” at AIR LIQUIDE SA, 2024-2025
Asset manager	For	Against	Vote
Vanguard	16,323,077	0	For
Fidelity	13,292,587	0	For
MFS	5,949,666	0	For
Capital Group	4,371,734	0	For
T. Rowe Price	1,698,863	0	For
TIAA	1,637,592	0	For
State Street	1,636,978	0	For
BlackRock	953,029	0	For
Dimensional	840,609	0	For
BNY Mellon	26,552	723,836	Against
Artisan	706,501	0	For
EUPAC FUND	627,200	0	For
American Century	461,602	0	For
Equitable	441,884	0	For
Thornburg	405,789	0	For
New York Life	361,263	0	For
Goldman Sachs	340,385	0	For
Invesco	328,285	0	For
DWS	324,056	0	For
Lincoln Financial	295,962	582	For
WisdomTree	213,247	0	For
Columbia Threadneedle	212,153	0	For
Pacific Life	194,676	0	For
Northern Trust	185,500	0	For
Brighthouse	175,624	0	For

Showing the 25 largest of 86 asset managers. See all 86 in the interactive database.

13. Authorize Capital Issuances for Use in Employee Stock Purchase Plans

COMPENSATION

100% fund support · no official result

FOR 100%

The 86 asset managers below cast 100% of the shares they voted on this item FOR (54,964,318 for, 0 against).

FOR: 54,964,318 (100.0%)

Largest asset managers voting on “Authorize Capital Issuances for Use in Employee Stock Purchase Plans” at AIR LIQUIDE SA, 2024-2025
Asset manager	For	Vote
Vanguard	16,323,077	For
Fidelity	13,292,587	For
MFS	5,949,666	For
Capital Group	4,371,734	For
T. Rowe Price	1,698,863	For
TIAA	1,637,592	For
State Street	1,636,978	For
BlackRock	953,029	For
Dimensional	840,609	For
BNY Mellon	750,388	For
Artisan	706,501	For
EUPAC FUND	627,200	For
American Century	461,602	For
Equitable	441,884	For
Thornburg	405,789	For
New York Life	361,263	For
Goldman Sachs	340,385	For
Invesco	328,285	For
DWS	324,056	For
Lincoln Financial	296,544	For
WisdomTree	213,247	For
Columbia Threadneedle	212,153	For
Pacific Life	194,676	For
Northern Trust	185,500	For
Brighthouse	175,624	For

Showing the 25 largest of 86 asset managers. See all 86 in the interactive database.

14. Authorize Capital Issuances for Use in Employee Stock Purchase Plans Reserved for Employees and Corporate Officers of International Subsidiaries

COMPENSATION

100% fund support · no official result

FOR 100%

The 86 asset managers below cast 100% of the shares they voted on this item FOR (54,964,318 for, 0 against).

FOR: 54,964,318 (100.0%)

Largest asset managers voting on “Authorize Capital Issuances for Use in Employee Stock Purchase Plans Reserved for Employees and Corporate Offi” at AIR LIQUIDE SA, 2024-2025
Asset manager	For	Vote
Vanguard	16,323,077	For
Fidelity	13,292,587	For
MFS	5,949,666	For
Capital Group	4,371,734	For
T. Rowe Price	1,698,863	For
TIAA	1,637,592	For
State Street	1,636,978	For
BlackRock	953,029	For
Dimensional	840,609	For
BNY Mellon	750,388	For
Artisan	706,501	For
EUPAC FUND	627,200	For
American Century	461,602	For
Equitable	441,884	For
Thornburg	405,789	For
New York Life	361,263	For
Goldman Sachs	340,385	For
Invesco	328,285	For
DWS	324,056	For
Lincoln Financial	296,544	For
WisdomTree	213,247	For
Columbia Threadneedle	212,153	For
Pacific Life	194,676	For
Northern Trust	185,500	For
Brighthouse	175,624	For

Showing the 25 largest of 86 asset managers. See all 86 in the interactive database.

15. Authorize Decrease in Share Capital via Cancellation of Repurchased Shares

CAPITAL STRUCTURE

100% fund support · no official result

FOR 100%

The 86 asset managers below cast 100% of the shares they voted on this item FOR (54,964,318 for, 0 against).

FOR: 54,964,318 (100.0%)

Largest asset managers voting on “Authorize Decrease in Share Capital via Cancellation of Repurchased Shares” at AIR LIQUIDE SA, 2024-2025
Asset manager	For	Vote
Vanguard	16,323,077	For
Fidelity	13,292,587	For
MFS	5,949,666	For
Capital Group	4,371,734	For
T. Rowe Price	1,698,863	For
TIAA	1,637,592	For
State Street	1,636,978	For
BlackRock	953,029	For
Dimensional	840,609	For
BNY Mellon	750,388	For
Artisan	706,501	For
EUPAC FUND	627,200	For
American Century	461,602	For
Equitable	441,884	For
Thornburg	405,789	For
New York Life	361,263	For
Goldman Sachs	340,385	For
Invesco	328,285	For
DWS	324,056	For
Lincoln Financial	296,544	For
WisdomTree	213,247	For
Columbia Threadneedle	212,153	For
Pacific Life	194,676	For
Northern Trust	185,500	For
Brighthouse	175,624	For

Showing the 25 largest of 86 asset managers. See all 86 in the interactive database.

16. Authorize Filing of Required Documents/Other Formalities

CORPORATE GOVERNANCE

Combines 2 wordings of this item as funds reported it.

100% fund support · no official result

FOR 100%

The 86 asset managers below cast 100% of the shares they voted on this item FOR (54,962,664 for, 0 against).

FOR: 54,962,664 (100.0%)

Largest asset managers voting on “Authorize Filing of Required Documents/Other Formalities” at AIR LIQUIDE SA, 2024-2025
Asset manager	For	Vote
Vanguard	16,323,077	For
Fidelity	13,292,587	For
MFS	5,949,666	For
Capital Group	4,371,734	For
T. Rowe Price	1,698,863	For
TIAA	1,637,592	For
State Street	1,636,978	For
BlackRock	953,029	For
Dimensional	840,609	For
BNY Mellon	750,388	For
Artisan	706,501	For
EUPAC FUND	627,200	For
American Century	461,602	For
Equitable	441,884	For
Thornburg	405,789	For
New York Life	361,263	For
Goldman Sachs	340,385	For
Invesco	328,285	For
DWS	324,056	For
Lincoln Financial	296,544	For
WisdomTree	213,247	For
Columbia Threadneedle	212,153	For
Pacific Life	194,676	For
Northern Trust	185,500	For
Brighthouse	175,624	For

Showing the 25 largest of 86 asset managers. See all 86 in the interactive database.

17. Authorize Issuance of Equity or Equity-Linked Securities with Preemptive Rights (Rights Issue) up to Aggregate Nominal Amount of EUR 470 Million

CAPITAL STRUCTURE

99% fund support · no official result

FOR 99%

The 86 asset managers below cast 99% of the shares they voted on this item FOR (54,216,017 for, 748,301 against).

FOR: 54,216,017 (98.6%)AGAINST: 748,301 (1.4%)

Largest asset managers voting on “Authorize Issuance of Equity or Equity-Linked Securities with Preemptive Rights (Rights Issue) up to Aggregate” at AIR LIQUIDE SA, 2024-2025
Asset manager	For	Against	Vote
Vanguard	16,323,077	0	For
Fidelity	13,292,587	0	For
MFS	5,949,666	0	For
Capital Group	4,371,734	0	For
T. Rowe Price	1,698,863	0	For
TIAA	1,637,592	0	For
State Street	1,636,978	0	For
BlackRock	953,029	0	For
Dimensional	840,609	0	For
BNY Mellon	26,552	723,836	Against
Artisan	706,501	0	For
EUPAC FUND	627,200	0	For
American Century	461,602	0	For
Equitable	441,884	0	For
Thornburg	405,789	0	For
New York Life	361,263	0	For
Goldman Sachs	340,385	0	For
Invesco	328,285	0	For
DWS	324,056	0	For
Lincoln Financial	295,962	582	For
WisdomTree	213,247	0	For
Columbia Threadneedle	212,153	0	For
Pacific Life	194,676	0	For
Northern Trust	185,500	0	For
Brighthouse	175,624	0	For

Showing the 25 largest of 86 asset managers. See all 86 in the interactive database.

18. Authorize Repurchase of Up to 10 Percent of Issued Share Capital

CAPITAL STRUCTURE

99.7% fund support · no official result

FOR 99.7%

The 86 asset managers below cast 99.7% of the shares they voted on this item FOR (54,820,762 for, 143,556 against).

FOR: 54,820,762 (99.7%)AGAINST: 143,556 (0.3%)

Largest asset managers voting on “Authorize Repurchase of Up to 10 Percent of Issued Share Capital” at AIR LIQUIDE SA, 2024-2025
Asset manager	For	Against	Vote
Vanguard	16,179,521	143,556	For
Fidelity	13,292,587	0	For
MFS	5,949,666	0	For
Capital Group	4,371,734	0	For
T. Rowe Price	1,698,863	0	For
TIAA	1,637,592	0	For
State Street	1,636,978	0	For
BlackRock	953,029	0	For
Dimensional	840,609	0	For
BNY Mellon	750,388	0	For
Artisan	706,501	0	For
EUPAC FUND	627,200	0	For
American Century	461,602	0	For
Equitable	441,884	0	For
Thornburg	405,789	0	For
New York Life	361,263	0	For
Goldman Sachs	340,385	0	For
Invesco	328,285	0	For
DWS	324,056	0	For
Lincoln Financial	296,544	0	For
WisdomTree	213,247	0	For
Columbia Threadneedle	212,153	0	For
Pacific Life	194,676	0	For
Northern Trust	185,500	0	For
Brighthouse	175,624	0	For

Showing the 25 largest of 86 asset managers. See all 86 in the interactive database.

19. Authorize up to 0.5 Percent of Issued Capital for Use in Restricted Stock Plans

COMPENSATION

Combines 2 wordings of this item as funds reported it.

99.7% fund support · no official result

FOR 99.7%

The 86 asset managers below cast 99.7% of the shares they voted on this item FOR (54,820,762 for, 143,556 against).

FOR: 54,820,762 (99.7%)AGAINST: 143,556 (0.3%)

Largest asset managers voting on “Authorize up to 0.5 Percent of Issued Capital for Use in Restricted Stock Plans” at AIR LIQUIDE SA, 2024-2025
Asset manager	For	Against	Vote
Vanguard	16,179,521	143,556	For
Fidelity	13,292,587	0	For
MFS	5,949,666	0	For
Capital Group	4,371,734	0	For
T. Rowe Price	1,698,863	0	For
TIAA	1,637,592	0	For
State Street	1,636,978	0	For
BlackRock	953,029	0	For
Dimensional	840,609	0	For
BNY Mellon	750,388	0	For
Artisan	706,501	0	For
EUPAC FUND	627,200	0	For
American Century	461,602	0	For
Equitable	441,884	0	For
Thornburg	405,789	0	For
New York Life	361,263	0	For
Goldman Sachs	340,385	0	For
Invesco	328,285	0	For
DWS	324,056	0	For
Lincoln Financial	296,544	0	For
WisdomTree	213,247	0	For
Columbia Threadneedle	212,153	0	For
Pacific Life	194,676	0	For
Northern Trust	185,500	0	For
Brighthouse	175,624	0	For

Showing the 25 largest of 86 asset managers. See all 86 in the interactive database.

20. Authorize up to 2 Percent of Issued Capital for Use in Stock Option Plans

COMPENSATION

99.7% fund support · no official result

FOR 99.7%

The 86 asset managers below cast 99.7% of the shares they voted on this item FOR (54,820,762 for, 143,556 against).

FOR: 54,820,762 (99.7%)AGAINST: 143,556 (0.3%)

Largest asset managers voting on “Authorize up to 2 Percent of Issued Capital for Use in Stock Option Plans” at AIR LIQUIDE SA, 2024-2025
Asset manager	For	Against	Vote
Vanguard	16,179,521	143,556	For
Fidelity	13,292,587	0	For
MFS	5,949,666	0	For
Capital Group	4,371,734	0	For
T. Rowe Price	1,698,863	0	For
TIAA	1,637,592	0	For
State Street	1,636,978	0	For
BlackRock	953,029	0	For
Dimensional	840,609	0	For
BNY Mellon	750,388	0	For
Artisan	706,501	0	For
EUPAC FUND	627,200	0	For
American Century	461,602	0	For
Equitable	441,884	0	For
Thornburg	405,789	0	For
New York Life	361,263	0	For
Goldman Sachs	340,385	0	For
Invesco	328,285	0	For
DWS	324,056	0	For
Lincoln Financial	296,544	0	For
WisdomTree	213,247	0	For
Columbia Threadneedle	212,153	0	For
Pacific Life	194,676	0	For
Northern Trust	185,500	0	For
Brighthouse	175,624	0	For

Showing the 25 largest of 86 asset managers. See all 86 in the interactive database.

21. Reelect Aiman Ezzat as Director

DIRECTOR ELECTIONS

99.4% fund support · no official result

FOR 99.4%

The 86 asset managers below cast 99.4% of the shares they voted on this item FOR (54,643,062 for, 321,256 against).

FOR: 54,643,062 (99.4%)AGAINST: 321,256 (0.6%)

Largest asset managers voting on “Reelect Aiman Ezzat as Director” at AIR LIQUIDE SA, 2024-2025
Asset manager	For	Against	Vote
Vanguard	16,323,077	0	For
Fidelity	13,292,587	0	For
MFS	5,949,666	0	For
Capital Group	4,371,734	0	For
T. Rowe Price	1,698,863	0	For
TIAA	1,637,592	0	For
State Street	1,636,978	0	For
BlackRock	953,029	0	For
Dimensional	840,609	0	For
BNY Mellon	750,388	0	For
Artisan	706,501	0	For
EUPAC FUND	627,200	0	For
American Century	461,602	0	For
Equitable	441,884	0	For
Thornburg	405,789	0	For
New York Life	322,413	38,850	For
Goldman Sachs	340,385	0	For
Invesco	328,285	0	For
DWS	324,056	0	For
Lincoln Financial	295,962	582	For
WisdomTree	213,247	0	For
Columbia Threadneedle	212,153	0	For
Pacific Life	194,676	0	For
Northern Trust	185,500	0	For
Brighthouse	175,624	0	For

Showing the 25 largest of 86 asset managers. See all 86 in the interactive database.

22. Reelect Bertrand Dumazy as Director

DIRECTOR ELECTIONS

99.4% fund support · no official result

FOR 99.4%

The 86 asset managers below cast 99.4% of the shares they voted on this item FOR (54,649,635 for, 314,683 against).

FOR: 54,649,635 (99.4%)AGAINST: 314,683 (0.6%)

Largest asset managers voting on “Reelect Bertrand Dumazy as Director” at AIR LIQUIDE SA, 2024-2025
Asset manager	For	Against	Vote
Vanguard	16,323,077	0	For
Fidelity	13,292,587	0	For
MFS	5,949,666	0	For
Capital Group	4,371,734	0	For
T. Rowe Price	1,698,863	0	For
TIAA	1,637,592	0	For
State Street	1,636,978	0	For
BlackRock	953,029	0	For
Dimensional	840,609	0	For
BNY Mellon	750,388	0	For
Artisan	706,501	0	For
EUPAC FUND	627,200	0	For
American Century	461,602	0	For
Equitable	441,884	0	For
Thornburg	405,789	0	For
New York Life	322,413	38,850	For
Goldman Sachs	340,385	0	For
Invesco	328,285	0	For
DWS	324,056	0	For
Lincoln Financial	296,544	0	For
WisdomTree	213,247	0	For
Columbia Threadneedle	212,153	0	For
Pacific Life	194,676	0	For
Northern Trust	185,500	0	For
Brighthouse	175,624	0	For

Showing the 25 largest of 86 asset managers. See all 86 in the interactive database.

23. Reelect Xavier Huillard as Director

DIRECTOR ELECTIONS

99.9% fund support · no official result

FOR 99.9%

The 86 asset managers below cast 99.9% of the shares they voted on this item FOR (54,909,874 for, 54,444 against).

FOR: 54,909,874 (99.9%)AGAINST: 54,444 (0.1%)

Largest asset managers voting on “Reelect Xavier Huillard as Director” at AIR LIQUIDE SA, 2024-2025
Asset manager	For	Vote
Vanguard	16,323,077	For
Fidelity	13,292,587	For
MFS	5,949,666	For
Capital Group	4,371,734	For
T. Rowe Price	1,698,863	For
TIAA	1,637,592	For
State Street	1,636,978	For
BlackRock	953,029	For
Dimensional	840,609	For
BNY Mellon	750,388	For
Artisan	706,501	For
EUPAC FUND	627,200	For
American Century	461,602	For
Equitable	441,884	For
Thornburg	405,789	For
New York Life	361,263	For
Goldman Sachs	340,385	For
Invesco	328,285	For
DWS	324,056	For
Lincoln Financial	296,544	For
WisdomTree	213,247	For
Columbia Threadneedle	212,153	For
Pacific Life	194,676	For
Northern Trust	185,500	For
Brighthouse	175,624	For

Showing the 25 largest of 86 asset managers. See all 86 in the interactive database.

24. APPROVAL OF THE COMPONENTS OF THE REMUNERATION PAID DURING OR AWARDED IN RESPECT OF THE FISCAL YEAR ENDED DECEMBER 31, 2024 TO MR FRANCOIS JACKOW, CHIEF EXECUTIVE OFFICER

COMPENSATION

Combines 4 wordings of this item as funds reported it.

99% fund support · no official result

FOR 99%

The 52 asset managers below cast 99% of the shares they voted on this item FOR (18,020,748 for, 214,454 against).

FOR: 18,020,748 (98.6%)AGAINST: 214,454 (1.2%)ABSTAIN: 19,701 (0.1%)NOT VOTED: 17,020 (0.1%)

Largest asset managers voting on “APPROVAL OF THE COMPONENTS OF THE REMUNERATION PAID DURING OR AWARDED IN RESPECT OF THE FISCAL YEAR ENDED DECE” at AIR LIQUIDE SA, 2024-2025
Asset manager	For	Against	Abstain	Vote
BlackRock	11,622,322	0	0	For
Fiera Capital Corp	1,662,161	0	0	For
BAILLIE GIFFORD OVERSEAS LTD	714,286	0	0	For
Six Circles Trust	585,569	0	0	For
John Hancock	524,374	0	0	For
Korea Investment CORP	518,644	0	0	For
Bridge Builder Trust	464,087	0	0	For
1832 Asset Management L.P.	357,227	0	0	For
Treasurer of the State of North Carolina	324,764	0	0	For
JARISLOWSKY, FRASER Ltd	225,038	0	0	For
Siemens Fonds Invest GmbH	0	206,554	0	Against
TOUCHSTONE STRATEGIC TRUST	166,122	0	0	For
LOCUST WOOD CAPITAL ADVISERS, LLC	161,050	0	0	For
Manning & Napier	120,891	0	0	For
Jackson National	98,190	0	0	For
Natixis	69,881	0	0	For
BAILLIE GIFFORD FUNDS	63,837	0	0	For
HARDING LOEVNER LP	50,546	0	0	For
Value Partners Investments Inc.	45,000	0	0	For
Foresight Global Investors, Inc.	33,441	0	0	For
Onex Canada Asset Management Inc.	26,624	0	0	For
IQ EQ FUND MANAGEMENT (IRELAND) Ltd	24,922	0	0	For
S-Bank Fund Management Ltd	23,867	0	0	For
Tema ETF Trust	20,736	0	0	For
CASTLEARK MANAGEMENT LLC	0	0	19,701	Abstain

Showing the 25 largest of 52 asset managers. See all 52 in the interactive database.

25. APPROVAL OF THE COMPONENTS OF THE REMUNERATION PAID DURING OR AWARDED IN RESPECT OF THE FISCAL YEAR ENDED DECEMBER 31, 2024 TO MR BENOIT POTIER, CHAIRMAN OF THE BOARD OF DIRECTORS

COMPENSATION

Combines 4 wordings of this item as funds reported it.

100% fund support · no official result

FOR 99.7%

The 51 asset managers below cast 100% of the shares they voted on this item FOR (18,210,280 for, 0 against).

FOR: 18,210,280 (99.8%)ABSTAIN: 19,701 (0.1%)NOT VOTED: 17,020 (0.1%)

Largest asset managers voting on “APPROVAL OF THE COMPONENTS OF THE REMUNERATION PAID DURING OR AWARDED IN RESPECT OF THE FISCAL YEAR ENDED DECE” at AIR LIQUIDE SA, 2024-2025
Asset manager	For	Abstain	Vote
BlackRock	11,622,322	0	For
Fiera Capital Corp	1,662,161	0	For
BAILLIE GIFFORD OVERSEAS LTD	714,286	0	For
Six Circles Trust	585,569	0	For
John Hancock	524,374	0	For
Korea Investment CORP	518,644	0	For
Bridge Builder Trust	464,087	0	For
1832 Asset Management L.P.	357,227	0	For
Treasurer of the State of North Carolina	324,764	0	For
JARISLOWSKY, FRASER Ltd	225,038	0	For
Siemens Fonds Invest GmbH	206,554	0	For
TOUCHSTONE STRATEGIC TRUST	166,122	0	For
LOCUST WOOD CAPITAL ADVISERS, LLC	161,050	0	For
Manning & Napier	120,891	0	For
Jackson National	98,190	0	For
Natixis	69,881	0	For
BAILLIE GIFFORD FUNDS	63,837	0	For
HARDING LOEVNER LP	50,546	0	For
Value Partners Investments Inc.	45,000	0	For
Foresight Global Investors, Inc.	33,441	0	For
Onex Canada Asset Management Inc.	26,624	0	For
S-Bank Fund Management Ltd	23,867	0	For
Tema ETF Trust	20,736	0	For
CASTLEARK MANAGEMENT LLC	0	19,701	Abstain
Northern Trust	18,792	0	For

Showing the 25 largest of 51 asset managers. See all 51 in the interactive database.

26. APPROVAL OF THE REMUNERATION POLICY APPLICABLE TO DIRECTORS

COMPENSATION

99.9% fund support · no official result

FOR 99.8%

The 26 asset managers below cast 99.9% of the shares they voted on this item FOR (15,389,239 for, 7,900 against).

FOR: 15,389,239 (99.8%)AGAINST: 7,900 (0.1%)NOT VOTED: 17,020 (0.1%)

Largest asset managers voting on “APPROVAL OF THE REMUNERATION POLICY APPLICABLE TO DIRECTORS” at AIR LIQUIDE SA, 2024-2025
Asset manager	For	Against	Vote
BlackRock	11,622,322	0	For
Fiera Capital Corp	1,662,161	0	For
Six Circles Trust	585,569	0	For
John Hancock	524,374	0	For
Bridge Builder Trust	464,087	0	For
TOUCHSTONE STRATEGIC TRUST	166,122	0	For
Jackson National	98,190	0	For
Natixis	69,881	0	For
BAILLIE GIFFORD FUNDS	63,837	0	For
Manning & Napier	53,259	0	For
Tema ETF Trust	20,736	0	For
Morningstar Funds Trust	0	0	Not Voted
Guardian Variable Products Trust	16,349	0	For
LKCM Funds	9,874	0	For
Listed Funds Trust	9,085	0	For
ADVISORS' INNER CIRCLE FUND	8,300	0	For
Advisors' Inner Circle Fund III	0	7,900	Against
Investment Managers Series Trust II	5,457	0	For
Trium Capital LLP	4,299	0	For
TIMOTHY PLAN	2,588	0	For
RBB FUND, INC.	1,680	0	For
GPS Funds I	412	0	For
Calamos	405	0	For
J. Stern & Co. LLP	169	0	For
Pacer Funds Trust	45	0	For

Showing the 25 largest of 26 asset managers. See all 26 in the interactive database.

27. APPROVAL OF THE REMUNERATION POLICY APPLICABLE TO THE CHAIRMAN OF THE BOARD OF DIRECTORS

COMPENSATION

100% fund support · no official result

FOR 99.8%

The 26 asset managers below cast 100% of the shares they voted on this item FOR (15,397,139 for, 0 against).

FOR: 15,397,139 (99.9%)NOT VOTED: 17,020 (0.1%)

Largest asset managers voting on “APPROVAL OF THE REMUNERATION POLICY APPLICABLE TO THE CHAIRMAN OF THE BOARD OF DIRECTORS” at AIR LIQUIDE SA, 2024-2025
Asset manager	For	Vote
BlackRock	11,622,322	For
Fiera Capital Corp	1,662,161	For
Six Circles Trust	585,569	For
John Hancock	524,374	For
Bridge Builder Trust	464,087	For
TOUCHSTONE STRATEGIC TRUST	166,122	For
Jackson National	98,190	For
Natixis	69,881	For
BAILLIE GIFFORD FUNDS	63,837	For
Manning & Napier	53,259	For
Tema ETF Trust	20,736	For
Morningstar Funds Trust	0	Not Voted
Guardian Variable Products Trust	16,349	For
LKCM Funds	9,874	For
Listed Funds Trust	9,085	For
ADVISORS' INNER CIRCLE FUND	8,300	For
Advisors' Inner Circle Fund III	7,900	For
Investment Managers Series Trust II	5,457	For
Trium Capital LLP	4,299	For
TIMOTHY PLAN	2,588	For
RBB FUND, INC.	1,680	For
GPS Funds I	412	For
Calamos	405	For
J. Stern & Co. LLP	169	For
Pacer Funds Trust	45	For

Showing the 25 largest of 26 asset managers. See all 26 in the interactive database.

28. APPROVAL OF THE REMUNERATION POLICY APPLICABLE TO THE CHIEF EXECUTIVE OFFICER

COMPENSATION

99.9% fund support · no official result

FOR 99.8%

The 26 asset managers below cast 99.9% of the shares they voted on this item FOR (15,389,239 for, 7,900 against).

FOR: 15,389,239 (99.8%)AGAINST: 7,900 (0.1%)NOT VOTED: 17,020 (0.1%)

Largest asset managers voting on “APPROVAL OF THE REMUNERATION POLICY APPLICABLE TO THE CHIEF EXECUTIVE OFFICER” at AIR LIQUIDE SA, 2024-2025
Asset manager	For	Against	Vote
BlackRock	11,622,322	0	For
Fiera Capital Corp	1,662,161	0	For
Six Circles Trust	585,569	0	For
John Hancock	524,374	0	For
Bridge Builder Trust	464,087	0	For
TOUCHSTONE STRATEGIC TRUST	166,122	0	For
Jackson National	98,190	0	For
Natixis	69,881	0	For
BAILLIE GIFFORD FUNDS	63,837	0	For
Manning & Napier	53,259	0	For
Tema ETF Trust	20,736	0	For
Morningstar Funds Trust	0	0	Not Voted
Guardian Variable Products Trust	16,349	0	For
LKCM Funds	9,874	0	For
Listed Funds Trust	9,085	0	For
ADVISORS' INNER CIRCLE FUND	8,300	0	For
Advisors' Inner Circle Fund III	0	7,900	Against
Investment Managers Series Trust II	5,457	0	For
Trium Capital LLP	4,299	0	For
TIMOTHY PLAN	2,588	0	For
RBB FUND, INC.	1,680	0	For
GPS Funds I	412	0	For
Calamos	405	0	For
J. Stern & Co. LLP	169	0	For
Pacer Funds Trust	45	0	For

Showing the 25 largest of 26 asset managers. See all 26 in the interactive database.

29. APPROVAL OF INFORMATION RELATING TO THE REMUNERATION OF CORPORATE OFFICERS STATED IN ARTICLE L. 22-10-9 I OF THE FRENCH COMMERCIAL CODE

COMPENSATION

99.6% fund support · no official result

FOR 99%

The 24 asset managers below cast 99.6% of the shares they voted on this item FOR (2,104,756 for, 7,900 against).

FOR: 2,104,756 (98.8%)AGAINST: 7,900 (0.4%)NOT VOTED: 17,020 (0.8%)

Largest asset managers voting on “APPROVAL OF INFORMATION RELATING TO THE REMUNERATION OF CORPORATE OFFICERS STATED IN ARTICLE L. 22-10-9 I OF T” at AIR LIQUIDE SA, 2024-2025
Asset manager	For	Against	Vote
Six Circles Trust	585,569	0	For
John Hancock	524,374	0	For
Bridge Builder Trust	464,087	0	For
TOUCHSTONE STRATEGIC TRUST	166,122	0	For
Jackson National	98,190	0	For
Natixis	69,881	0	For
BAILLIE GIFFORD FUNDS	63,837	0	For
Manning & Napier	53,259	0	For
Tema ETF Trust	20,736	0	For
Morningstar Funds Trust	0	0	Not Voted
Guardian Variable Products Trust	16,349	0	For
LKCM Funds	9,874	0	For
Listed Funds Trust	9,085	0	For
ADVISORS' INNER CIRCLE FUND	8,300	0	For
Advisors' Inner Circle Fund III	0	7,900	Against
Investment Managers Series Trust II	5,457	0	For
Trium Capital LLP	4,299	0	For
TIMOTHY PLAN	2,588	0	For
RBB FUND, INC.	1,680	0	For
GPS Funds I	412	0	For
Calamos	405	0	For
J. Stern & Co. LLP	169	0	For
Pacer Funds Trust	45	0	For
WILSHIRE MUTUAL FUNDS INC	38	0	For

30. AMENDMENT OF ARTICLE 14 (BOARD OF DIRECTORS' MEETINGS AND DELIBERATIONS) OF THE ARTICLES OF ASSOCIATION IN APPLICATION OF LAW NO. 2024-537 OF JUNE 13, 2024 AIMED AT INCREASING THE FINANCING OF BUSINESSES AND THE ATTRACTIVENESS OF FRANCE

CORPORATE GOVERNANCE

100% fund support · no official result

FOR 99.1%

The 23 asset managers below cast 100% of the shares they voted on this item FOR (2,108,357 for, 0 against).

FOR: 2,108,357 (99.2%)NOT VOTED: 17,020 (0.8%)

Largest asset managers voting on “AMENDMENT OF ARTICLE 14 (BOARD OF DIRECTORS' MEETINGS AND DELIBERATIONS) OF THE ARTICLES OF ASSOCIATION IN APP” at AIR LIQUIDE SA, 2024-2025
Asset manager	For	Vote
Six Circles Trust	585,569	For
John Hancock	524,374	For
Bridge Builder Trust	464,087	For
TOUCHSTONE STRATEGIC TRUST	166,122	For
Jackson National	98,190	For
Natixis	69,881	For
BAILLIE GIFFORD FUNDS	63,837	For
Manning & Napier	53,259	For
Tema ETF Trust	20,736	For
Morningstar Funds Trust	0	Not Voted
Guardian Variable Products Trust	16,349	For
LKCM Funds	9,874	For
Listed Funds Trust	9,085	For
ADVISORS' INNER CIRCLE FUND	8,300	For
Advisors' Inner Circle Fund III	7,900	For
Investment Managers Series Trust II	5,457	For
TIMOTHY PLAN	2,588	For
RBB FUND, INC.	1,680	For
GPS Funds I	412	For
Calamos	405	For
J. Stern & Co. LLP	169	For
Pacer Funds Trust	45	For
WILSHIRE MUTUAL FUNDS INC	38	For

31. APPROPRIATION OF 2024 EARNINGS; SETTING OF THE DIVIDEND

CORPORATE GOVERNANCE

100% fund support · no official result

FOR 99.1%

The 23 asset managers below cast 100% of the shares they voted on this item FOR (2,108,357 for, 0 against).

FOR: 2,108,357 (99.2%)NOT VOTED: 17,020 (0.8%)

Largest asset managers voting on “APPROPRIATION OF 2024 EARNINGS; SETTING OF THE DIVIDEND” at AIR LIQUIDE SA, 2024-2025
Asset manager	For	Vote
Six Circles Trust	585,569	For
John Hancock	524,374	For
Bridge Builder Trust	464,087	For
TOUCHSTONE STRATEGIC TRUST	166,122	For
Jackson National	98,190	For
Natixis	69,881	For
BAILLIE GIFFORD FUNDS	63,837	For
Manning & Napier	53,259	For
Tema ETF Trust	20,736	For
Morningstar Funds Trust	0	Not Voted
Guardian Variable Products Trust	16,349	For
LKCM Funds	9,874	For
Listed Funds Trust	9,085	For
ADVISORS' INNER CIRCLE FUND	8,300	For
Advisors' Inner Circle Fund III	7,900	For
Investment Managers Series Trust II	5,457	For
TIMOTHY PLAN	2,588	For
RBB FUND, INC.	1,680	For
GPS Funds I	412	For
Calamos	405	For
J. Stern & Co. LLP	169	For
Pacer Funds Trust	45	For
WILSHIRE MUTUAL FUNDS INC	38	For

32. APPROVAL OF THE COMPANY FINANCIAL STATEMENTS FOR THE FISCAL YEAR ENDED DECEMBER 31, 2024

CORPORATE GOVERNANCE

100% fund support · no official result

FOR 99.1%

The 23 asset managers below cast 100% of the shares they voted on this item FOR (2,108,357 for, 0 against).

FOR: 2,108,357 (99.2%)NOT VOTED: 17,020 (0.8%)

Largest asset managers voting on “APPROVAL OF THE COMPANY FINANCIAL STATEMENTS FOR THE FISCAL YEAR ENDED DECEMBER 31, 2024” at AIR LIQUIDE SA, 2024-2025
Asset manager	For	Vote
Six Circles Trust	585,569	For
John Hancock	524,374	For
Bridge Builder Trust	464,087	For
TOUCHSTONE STRATEGIC TRUST	166,122	For
Jackson National	98,190	For
Natixis	69,881	For
BAILLIE GIFFORD FUNDS	63,837	For
Manning & Napier	53,259	For
Tema ETF Trust	20,736	For
Morningstar Funds Trust	0	Not Voted
Guardian Variable Products Trust	16,349	For
LKCM Funds	9,874	For
Listed Funds Trust	9,085	For
ADVISORS' INNER CIRCLE FUND	8,300	For
Advisors' Inner Circle Fund III	7,900	For
Investment Managers Series Trust II	5,457	For
TIMOTHY PLAN	2,588	For
RBB FUND, INC.	1,680	For
GPS Funds I	412	For
Calamos	405	For
J. Stern & Co. LLP	169	For
Pacer Funds Trust	45	For
WILSHIRE MUTUAL FUNDS INC	38	For

33. APPROVAL OF THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE FISCAL YEAR ENDED DECEMBER 31, 2024

CORPORATE GOVERNANCE

100% fund support · no official result

FOR 99.1%

The 23 asset managers below cast 100% of the shares they voted on this item FOR (2,108,357 for, 0 against).

FOR: 2,108,357 (99.2%)NOT VOTED: 17,020 (0.8%)

Largest asset managers voting on “APPROVAL OF THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE FISCAL YEAR ENDED DECEMBER 31, 2024” at AIR LIQUIDE SA, 2024-2025
Asset manager	For	Vote
Six Circles Trust	585,569	For
John Hancock	524,374	For
Bridge Builder Trust	464,087	For
TOUCHSTONE STRATEGIC TRUST	166,122	For
Jackson National	98,190	For
Natixis	69,881	For
BAILLIE GIFFORD FUNDS	63,837	For
Manning & Napier	53,259	For
Tema ETF Trust	20,736	For
Morningstar Funds Trust	0	Not Voted
Guardian Variable Products Trust	16,349	For
LKCM Funds	9,874	For
Listed Funds Trust	9,085	For
ADVISORS' INNER CIRCLE FUND	8,300	For
Advisors' Inner Circle Fund III	7,900	For
Investment Managers Series Trust II	5,457	For
TIMOTHY PLAN	2,588	For
RBB FUND, INC.	1,680	For
GPS Funds I	412	For
Calamos	405	For
J. Stern & Co. LLP	169	For
Pacer Funds Trust	45	For
WILSHIRE MUTUAL FUNDS INC	38	For

34. AUTHORIZATION GRANTED TO THE BOARD OF DIRECTORS FOR A PERIOD OF 18 MONTHS TO ALLOW THE COMPANY TO TRADE IN ITS OWN SHARES

CAPITAL STRUCTURE

99.6% fund support · no official result

FOR 99%

The 23 asset managers below cast 99.6% of the shares they voted on this item FOR (2,100,457 for, 7,900 against).

FOR: 2,100,457 (98.8%)AGAINST: 7,900 (0.4%)NOT VOTED: 17,020 (0.8%)

Largest asset managers voting on “AUTHORIZATION GRANTED TO THE BOARD OF DIRECTORS FOR A PERIOD OF 18 MONTHS TO ALLOW THE COMPANY TO TRADE IN ITS” at AIR LIQUIDE SA, 2024-2025
Asset manager	For	Against	Vote
Six Circles Trust	585,569	0	For
John Hancock	524,374	0	For
Bridge Builder Trust	464,087	0	For
TOUCHSTONE STRATEGIC TRUST	166,122	0	For
Jackson National	98,190	0	For
Natixis	69,881	0	For
BAILLIE GIFFORD FUNDS	63,837	0	For
Manning & Napier	53,259	0	For
Tema ETF Trust	20,736	0	For
Morningstar Funds Trust	0	0	Not Voted
Guardian Variable Products Trust	16,349	0	For
LKCM Funds	9,874	0	For
Listed Funds Trust	9,085	0	For
ADVISORS' INNER CIRCLE FUND	8,300	0	For
Advisors' Inner Circle Fund III	0	7,900	Against
Investment Managers Series Trust II	5,457	0	For
TIMOTHY PLAN	2,588	0	For
RBB FUND, INC.	1,680	0	For
GPS Funds I	412	0	For
Calamos	405	0	For
J. Stern & Co. LLP	169	0	For
Pacer Funds Trust	45	0	For
WILSHIRE MUTUAL FUNDS INC	38	0	For

35. AUTHORIZATION GRANTED TO THE BOARD OF DIRECTORS FOR A PERIOD OF 24 MONTHS TO REDUCE THE SHARE CAPITAL BY CANCELLATION OF TREASURY SHARES

CORPORATE GOVERNANCE

97% fund support · no official result

FOR 96%

The 23 asset managers below cast 97% of the shares they voted on this item FOR (2,038,476 for, 69,881 against).

FOR: 2,038,476 (95.9%)AGAINST: 69,881 (3.3%)NOT VOTED: 17,020 (0.8%)

Largest asset managers voting on “AUTHORIZATION GRANTED TO THE BOARD OF DIRECTORS FOR A PERIOD OF 24 MONTHS TO REDUCE THE SHARE CAPITAL BY CANCE” at AIR LIQUIDE SA, 2024-2025
Asset manager	For	Against	Vote
Six Circles Trust	585,569	0	For
John Hancock	524,374	0	For
Bridge Builder Trust	464,087	0	For
TOUCHSTONE STRATEGIC TRUST	166,122	0	For
Jackson National	98,190	0	For
Natixis	0	69,881	Against
BAILLIE GIFFORD FUNDS	63,837	0	For
Manning & Napier	53,259	0	For
Tema ETF Trust	20,736	0	For
Morningstar Funds Trust	0	0	Not Voted
Guardian Variable Products Trust	16,349	0	For
LKCM Funds	9,874	0	For
Listed Funds Trust	9,085	0	For
ADVISORS' INNER CIRCLE FUND	8,300	0	For
Advisors' Inner Circle Fund III	7,900	0	For
Investment Managers Series Trust II	5,457	0	For
TIMOTHY PLAN	2,588	0	For
RBB FUND, INC.	1,680	0	For
GPS Funds I	412	0	For
Calamos	405	0	For
J. Stern & Co. LLP	169	0	For
Pacer Funds Trust	45	0	For
WILSHIRE MUTUAL FUNDS INC	38	0	For

36. AUTHORIZATION GRANTED TO THE BOARD OF DIRECTORS FOR A PERIOD OF 26 MONTHS TO INCREASE, IN THE EVENT OF OVERSUBSCRIPTION, THE ISSUANCE AMOUNT OF SHARES OR MARKETABLE SECURITIES

CORPORATE GOVERNANCE

99% fund support · no official result

FOR 98%

The 23 asset managers below cast 99% of the shares they voted on this item FOR (2,082,164 for, 26,193 against).

FOR: 2,082,164 (98.0%)AGAINST: 26,193 (1.2%)NOT VOTED: 17,020 (0.8%)

Largest asset managers voting on “AUTHORIZATION GRANTED TO THE BOARD OF DIRECTORS FOR A PERIOD OF 26 MONTHS TO INCREASE, IN THE EVENT OF OVERSUB” at AIR LIQUIDE SA, 2024-2025
Asset manager	For	Against	Vote
Six Circles Trust	585,569	0	For
John Hancock	524,374	0	For
Bridge Builder Trust	464,087	0	For
TOUCHSTONE STRATEGIC TRUST	166,122	0	For
Jackson National	98,190	0	For
Natixis	69,881	0	For
BAILLIE GIFFORD FUNDS	63,837	0	For
Manning & Napier	53,259	0	For
Tema ETF Trust	0	20,736	Against
Morningstar Funds Trust	0	0	Not Voted
Guardian Variable Products Trust	16,349	0	For
LKCM Funds	9,874	0	For
Listed Funds Trust	9,085	0	For
ADVISORS' INNER CIRCLE FUND	8,300	0	For
Advisors' Inner Circle Fund III	7,900	0	For
Investment Managers Series Trust II	0	5,457	Against
TIMOTHY PLAN	2,588	0	For
RBB FUND, INC.	1,680	0	For
GPS Funds I	412	0	For
Calamos	405	0	For
J. Stern & Co. LLP	169	0	For
Pacer Funds Trust	45	0	For
WILSHIRE MUTUAL FUNDS INC	38	0	For

37. AUTHORIZATION GRANTED TO THE BOARD OF DIRECTORS FOR A PERIOD OF 38 MONTHS TO GRANT EXISTING OR NEW SHARES TO EMPLOYEES AND COMPANY OFFICERS OF THE GROUP, OR SOME OF SUCH EMPLOYEES AND COMPANY OFFICERS, RESULTING IN THE WAIVER BY SHAREHOLDERS OF THEIR PREFERENTIAL SUBSCRIPTION RIGHTS TO THE SHARES TO BE ISSUED

CORPORATE GOVERNANCE

100% fund support · no official result

FOR 99.1%

The 23 asset managers below cast 100% of the shares they voted on this item FOR (2,108,357 for, 0 against).

FOR: 2,108,357 (99.2%)NOT VOTED: 17,020 (0.8%)

Largest asset managers voting on “AUTHORIZATION GRANTED TO THE BOARD OF DIRECTORS FOR A PERIOD OF 38 MONTHS TO GRANT EXISTING OR NEW SHARES TO E” at AIR LIQUIDE SA, 2024-2025
Asset manager	For	Vote
Six Circles Trust	585,569	For
John Hancock	524,374	For
Bridge Builder Trust	464,087	For
TOUCHSTONE STRATEGIC TRUST	166,122	For
Jackson National	98,190	For
Natixis	69,881	For
BAILLIE GIFFORD FUNDS	63,837	For
Manning & Napier	53,259	For
Tema ETF Trust	20,736	For
Morningstar Funds Trust	0	Not Voted
Guardian Variable Products Trust	16,349	For
LKCM Funds	9,874	For
Listed Funds Trust	9,085	For
ADVISORS' INNER CIRCLE FUND	8,300	For
Advisors' Inner Circle Fund III	7,900	For
Investment Managers Series Trust II	5,457	For
TIMOTHY PLAN	2,588	For
RBB FUND, INC.	1,680	For
GPS Funds I	412	For
Calamos	405	For
J. Stern & Co. LLP	169	For
Pacer Funds Trust	45	For
WILSHIRE MUTUAL FUNDS INC	38	For

38. AUTHORIZATION GRANTED TO THE BOARD OF DIRECTORS FOR A PERIOD OF 38 MONTHS TO GRANT TO EMPLOYEES AND COMPANY OFFICERS OF THE GROUP, OR SOME OF SUCH EMPLOYEES AND COMPANY OFFICERS, SHARE SUBSCRIPTION OPTIONS OR SHARE PURCHASE OPTIONS RESULTING IN THE WAIVER BY SHAREHOLDERS OF THEIR PREFERENTIAL SUBSCRIPTION RIGHTS TO SHARES TO BE ISSUED UPON EXERCISE OF THE SUBSCRIPTION OPTIONS

CORPORATE GOVERNANCE

97% fund support · no official result

FOR 96%

The 23 asset managers below cast 97% of the shares they voted on this item FOR (2,038,476 for, 69,881 against).

FOR: 2,038,476 (95.9%)AGAINST: 69,881 (3.3%)NOT VOTED: 17,020 (0.8%)

Largest asset managers voting on “AUTHORIZATION GRANTED TO THE BOARD OF DIRECTORS FOR A PERIOD OF 38 MONTHS TO GRANT TO EMPLOYEES AND COMPANY OF” at AIR LIQUIDE SA, 2024-2025
Asset manager	For	Against	Vote
Six Circles Trust	585,569	0	For
John Hancock	524,374	0	For
Bridge Builder Trust	464,087	0	For
TOUCHSTONE STRATEGIC TRUST	166,122	0	For
Jackson National	98,190	0	For
Natixis	0	69,881	Against
BAILLIE GIFFORD FUNDS	63,837	0	For
Manning & Napier	53,259	0	For
Tema ETF Trust	20,736	0	For
Morningstar Funds Trust	0	0	Not Voted
Guardian Variable Products Trust	16,349	0	For
LKCM Funds	9,874	0	For
Listed Funds Trust	9,085	0	For
ADVISORS' INNER CIRCLE FUND	8,300	0	For
Advisors' Inner Circle Fund III	7,900	0	For
Investment Managers Series Trust II	5,457	0	For
TIMOTHY PLAN	2,588	0	For
RBB FUND, INC.	1,680	0	For
GPS Funds I	412	0	For
Calamos	405	0	For
J. Stern & Co. LLP	169	0	For
Pacer Funds Trust	45	0	For
WILSHIRE MUTUAL FUNDS INC	38	0	For

39. DELEGATION OF AUTHORITY GRANTED TO THE BOARD OF DIRECTORS FOR A PERIOD OF 18 MONTHS TO PERFORM SHARE CAPITAL INCREASES, WITH CANCELLATION OF PREFERENTIAL SUBSCRIPTION RIGHTS, RESERVED FOR A CATEGORY OF BENEFICIARIES

CAPITAL STRUCTURE

100% fund support · no official result

FOR 99.1%

The 23 asset managers below cast 100% of the shares they voted on this item FOR (2,108,357 for, 0 against).

FOR: 2,108,357 (99.2%)NOT VOTED: 17,020 (0.8%)

Largest asset managers voting on “DELEGATION OF AUTHORITY GRANTED TO THE BOARD OF DIRECTORS FOR A PERIOD OF 18 MONTHS TO PERFORM SHARE CAPITAL I” at AIR LIQUIDE SA, 2024-2025
Asset manager	For	Vote
Six Circles Trust	585,569	For
John Hancock	524,374	For
Bridge Builder Trust	464,087	For
TOUCHSTONE STRATEGIC TRUST	166,122	For
Jackson National	98,190	For
Natixis	69,881	For
BAILLIE GIFFORD FUNDS	63,837	For
Manning & Napier	53,259	For
Tema ETF Trust	20,736	For
Morningstar Funds Trust	0	Not Voted
Guardian Variable Products Trust	16,349	For
LKCM Funds	9,874	For
Listed Funds Trust	9,085	For
ADVISORS' INNER CIRCLE FUND	8,300	For
Advisors' Inner Circle Fund III	7,900	For
Investment Managers Series Trust II	5,457	For
TIMOTHY PLAN	2,588	For
RBB FUND, INC.	1,680	For
GPS Funds I	412	For
Calamos	405	For
J. Stern & Co. LLP	169	For
Pacer Funds Trust	45	For
WILSHIRE MUTUAL FUNDS INC	38	For

40. DELEGATION OF AUTHORITY GRANTED TO THE BOARD OF DIRECTORS FOR A PERIOD OF 26 MONTHS TO INCREASE THE SHARE CAPITAL VIA THE ISSUANCE OF ORDINARY SHARES OR MARKETABLE SECURITIES GIVING ACCESS, IMMEDIATELY AND/OR IN THE FUTURE, TO THE COMPANY'S SHARE CAPITAL WITH RETENTION OF PREFERENTIAL SUBSCRIPTION RIGHTS FOR SHAREHOLDERS FOR A MAXIMUM NOMINAL AMOUNT OF 470 MILLION EUROS

CORPORATE GOVERNANCE

100% fund support · no official result

FOR 99.1%

The 23 asset managers below cast 100% of the shares they voted on this item FOR (2,108,357 for, 0 against).

FOR: 2,108,357 (99.2%)NOT VOTED: 17,020 (0.8%)

Largest asset managers voting on “DELEGATION OF AUTHORITY GRANTED TO THE BOARD OF DIRECTORS FOR A PERIOD OF 26 MONTHS TO INCREASE THE SHARE CAPI” at AIR LIQUIDE SA, 2024-2025
Asset manager	For	Vote
Six Circles Trust	585,569	For
John Hancock	524,374	For
Bridge Builder Trust	464,087	For
TOUCHSTONE STRATEGIC TRUST	166,122	For
Jackson National	98,190	For
Natixis	69,881	For
BAILLIE GIFFORD FUNDS	63,837	For
Manning & Napier	53,259	For
Tema ETF Trust	20,736	For
Morningstar Funds Trust	0	Not Voted
Guardian Variable Products Trust	16,349	For
LKCM Funds	9,874	For
Listed Funds Trust	9,085	For
ADVISORS' INNER CIRCLE FUND	8,300	For
Advisors' Inner Circle Fund III	7,900	For
Investment Managers Series Trust II	5,457	For
TIMOTHY PLAN	2,588	For
RBB FUND, INC.	1,680	For
GPS Funds I	412	For
Calamos	405	For
J. Stern & Co. LLP	169	For
Pacer Funds Trust	45	For
WILSHIRE MUTUAL FUNDS INC	38	For

Showing the 40 reported items with the widest manager coverage, of 55 in total. View every item.

Largest AIR LIQUIDE SA shareholders voting in 2024-2025

Ranked by the number of AIR LIQUIDE SA shares each manager voted on the most widely held ballot item of the 2024-2025 meeting.

Top AIR LIQUIDE SA shareholders by shares voted, 2024-2025
#	Asset manager	Shares voted
1	Vanguard	16,323,077
2	Fidelity	13,292,587
3	MFS	5,949,666
4	JPMorgan	5,327,138
5	Capital Group	4,371,734
6	BlackRock	2,478,546
7	Walter Scott & Partners Ltd	1,993,149
8	T. Rowe Price	1,698,863
9	TIAA	1,637,592
10	State Street	1,636,978

Shown as share counts, not percentages: no shares-outstanding figure has been matched to AIR LIQUIDE SA for the 2024-2025 season, so there is no denominator to divide by.

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered investment companies and institutional managers disclose how they voted every proxy, and Form 8-K Item 5.07, in which the company reports its own meeting results. This page is a static snapshot rebuilt weekly on 02 October 2026; a live search always shows the current data.

At AIR LIQUIDE SA's shareholder meeting held 2025-05-06, in the 2024-2025 proxy season, 153 asset managers reported how they voted in their SEC Form N-PX filings, covering 9,273 separate fund positions. Their filings are grouped here into 55 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. No official Form 8-K vote tally has been matched to this meeting, so this page states no certified outcome for its most widely held ballot item. On that item — Approve Compensation of Francois Jackow, CEO — the reporting funds cast 99% of the shares they voted in favour (FOR divided by FOR plus AGAINST, the conventional basis for proxy support; abstentions, broker non-votes and unvoted shares are excluded because none of them took a side). That is the aggregate of those managers' own N-PX disclosures, not the company's certified result, and the funds are a subset of all shareholders.

AIR LIQUIDE SA proxy season coverage: 2023-2024 · 2024-2025 (this page) · 2025-2026.