Linde (LIN) Risk Factor Changes

Linde and its subsidiaries are subject to the tax rules and regulations in the U.S., Germany, Ireland, the U.K.

•environmental protection, including climate change and energy efficiency laws and policies, and environmental related reporting and disclosures;

Also, the anticipated benefit of potential future acquisitions may not materialize.

Linde has evaluated and expects to continue to evaluate, a wide array of potential strategic acquisitions and joint ventures.

Linde relies on information technology systems and networks, including systems that utilize advanced technologies for business and operational activities, and also stores and processes sensitive business and proprieta…

Linde may be subject to information technology system failures, network disruptions and cybersecurity breaches or other related incidents.

Linde’s research and development is directed toward developing new and improved methods for the production and distribution of industrial gases, the design and construction of plants and toward developing new markets…

Linde's operations are exposed to physical risks associated with the occurrence of natural disasters linked to climate change, such as extreme weather events including hurricanes and floods, as well as catastrophic ev…

funds, trade conflicts and the imposition of duties and tariffs, import and export controls, changes in governmental policies, labor unrest, possible nationalization and/or expropriation of assets, changes in U.S.

development activities do not keep pace with competitors or if Linde does not create new technologies that benefit customers, future results of operations could be adversely affected.

tax.

•data protection including artificial intelligence;

difficulties and expenditures.

Linde evaluates the direct and indirect business risks, consults with vendors, insurance providers and industry experts, makes investments in suitably resilient design and technology, and conducts regular reviews of t…

Linde has substantial international operations which are subject to risks including devaluations in currency exchange rates, transportation delays and interruptions, political and economic instability and disruptions,…