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Air Products & Chemicals, Inc.

For the period ended Jan 28, 2026. Filed Dec 11, 2025.

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About this filing

What shareholders are asked to vote on at a company's meeting. It is where to find what directors and top executives are paid, and who owns the most shares.

Jan 28, 2026 · Filed Dec 11, 2025

APD$304.84-1.5%Stored close · as of Nov 6, 2026
See the whole filing, with its images and exhibits
Contents

Voting Roadmap

This section summarizes information contained elsewhere in this proxy statement. These highlights do not contain all of the information that you should consider before voting or provide a complete description of the topics covered. Please read this proxy statement in its entirety before voting.

PROPOSAL 1Elect the ten nominees proposed by the Board as directors for a one-year term ending in 2027.The Board recommends a vote “FOR” each of Air Products’ ten director nominees.Page 4
The individuals nominated for election to the Board possess deep industry experience and a broad range of qualifications and skills that facilitate strong oversight of Air Products’ management and strategy. Our director nominees are committed to strong corporate governance, shareholder engagement and transparency.
•Tonit M. Calaway•Andrew W. Evans•Jessica Trocchi Graziano•Paul C. Hilal•Eduardo Menezes•Bhavesh V. Patel•Dennis H. Reilley•Wayne T. Smith•Alfred Stern•Howard Ungerleider
INDEPENDENTAVERAGE TENURE OF DIRECTOR NOMINEESPUBLIC COMPANY CEO/CFO EXPERIENCE
90% 9 Independent 1 Not Independent1.5 years 3 1-5 Years 7 Less than 1 Year7 Directors 7 Director nominees with Public Company CEO/CFO Experience 3 Director nominees with Other Leadership Experience
2026 Proxy Statement1

Voting Roadmap

PROPOSAL 2Conduct an advisory vote on executive officer compensation.The Board recommends a vote “FOR” this Proposal.Page 37
As described in the Compensation Discussion and Analysis, our executive officer compensation program has been designed to support our long-term business strategy and drive the creation of shareholder value. It is aligned with the competitive market for talent, sensitive to Company performance and oriented to long-term incentives to maintain and improve the Company’s long-term profitability. We believe our program delivers reasonable pay that is strongly linked to Company performance.The majority of compensation provided to the Company’s executive officers is dependent upon total returns delivered to shareholders and the achievement of performance objectives. Approximately 90% of the total direct compensation opportunity for our current CEO and more than 75% of the total direct compensation opportunity for our other currently serving named executive officers is performance-based to ensure that executive compensation directly reflects the creation of shareholder value. The most significant element of our executive compensation program is performance shares, which tie payout to relative total shareholder return compared to the S&P 500 over a three-year period, resulting in realizable pay that is closely aligned with annualized total shareholder return.
CURRENT NAMED EXECUTIVE OFFICERTARGET TOTAL DIRECT COMPENSATION MIX
CEOOTHER NAMED EXECUTIVE OFFICERS
Base Salary Annual Incentive Long-term Incentives
SAY-ON-PAY SUPPORTAt the 2025 Annual Meeting of Shareholders, our shareholders supported the Company’s executive officer compensation program with approximately 93.7% of votes cast in favor of approval.
2Air Products and Chemicals, Inc.

Voting Roadmap

PROPOSAL 3Ratify the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the fiscal year ending September 30, 2026.The Board recommends a vote “FOR” this Proposal.Page 82
The Audit and Finance Committee selected Deloitte & Touche LLP (“Deloitte”) as our independent registered public accounting firm for fiscal 2026. The Board believes that the engagement of Deloitte as our independent registered public accounting firm for fiscal 2026 is in the best interests of the Company and is submitting the appointment of Deloitte to our shareholders for ratification as a matter of good corporate governance.This proposal requests that our shareholders ratify the Audit and Finance Committee’s appointment of Deloitte as our independent registered public accounting firm for the fiscal year ending September 30, 2026. Deloitte has served as our independent registered public accounting firm since fiscal 2019.
2026 Proxy Statement3
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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.